Product Code: ETC010403 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Mexico Skin Care market currently, in 2023, has witnessed an HHI of 1510, Which has decreased slightly as compared to the HHI of 1942 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Mexico skin care market is projected to reach USD 2.1 billion by 2026, registering a CAGR of 5.6% during the forecast period (2020-2026). Increasing awareness about beauty and health among people, along with rising disposable income levels and increasing preference for organic products are some factors driving the growth of this market. The growing demand for anti-aging products as well as natural and organic ingredients in skin care products are also expected to provide significant impetus to the industry over the coming years.
Furthermore, shifting demographics including an increase in womens work force participation rate has led to a greater focus on personal grooming activities in Mexico which has resulted in higher expenditure on cosmetic items such as facial creams, skincare lotions etc., consequently contributing to the upsurge of the country`s skin care market size. Moreover, multinational companies have been entering into strategic collaborations with local manufacturers as well as engaging into advertising campaigns that promote product launches through various media channels like television or print advertisement and social media platforms thus aiding expansion of their consumer base across all economic segments. This factor has also had a positive impact on overall sales figures within this sector resulting from wider product availability across different price points catering needs of every customer segment respectively leading towards increased spending capacity both at retail outlets & online stores throughout disparate regions & areas located across nation wide boundaries .
Additionally , rise in number of professional dermatological clinics combined with growing demand pertaining medical treatments related acne , pigmentation & wrinkles have further created immense opportunities amongst major players operating within country . Owing to presence large number aesthetic centers situated next residential complexes , these clinics offer services ranging basic facials till complex laser surgeries thereby creating larger customer base those seeking long term solutions coupled temporary relief associated with above mentioned issues . Furthermore , use advanced technologies employed by these professionals such chemical peels ultra sound therapy lead efficient treatment at minimal costs backed by guarantee good results giving firms edge over competitors while expanding operations relative geographical territories available nation wide scale.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mexico Skin Care Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Skin Care Market Revenues & Volume, 2019 & 2026F |
3.3 Mexico Skin Care Market - Industry Life Cycle |
3.4 Mexico Skin Care Market - Porter's Five Forces |
3.5 Mexico Skin Care Market Revenues & Volume Share, By Product Types, 2019 & 2026F |
3.6 Mexico Skin Care Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Mexico Skin Care Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Skin Care Market Trends |
6 Mexico Skin Care Market, By Types |
6.1 Mexico Skin Care Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Mexico Skin Care Market Revenues & Volume, By Product Types, 2016 - 2026F |
6.1.3 Mexico Skin Care Market Revenues & Volume, By Face Creams, 2016 - 2026F |
6.1.4 Mexico Skin Care Market Revenues & Volume, By Body Lotions, 2016 - 2026F |
6.2 Mexico Skin Care Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Mexico Skin Care Market Revenues & Volume, By Online, 2016 - 2026F |
6.2.3 Mexico Skin Care Market Revenues & Volume, By Offline, 2016 - 2026F |
7 Mexico Skin Care Market Import-Export Trade Statistics |
7.1 Mexico Skin Care Market Export to Major Countries |
7.2 Mexico Skin Care Market Imports from Major Countries |
8 Mexico Skin Care Market Key Performance Indicators |
9 Mexico Skin Care Market - Opportunity Assessment |
9.1 Mexico Skin Care Market Opportunity Assessment, By Product Types, 2019 & 2026F |
9.2 Mexico Skin Care Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Mexico Skin Care Market - Competitive Landscape |
10.1 Mexico Skin Care Market Revenue Share, By Companies, 2019 |
10.2 Mexico Skin Care Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |