TheIMARC Group, a leading market research company, has recently releases report titled “Brazil Beauty and Personal Care Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the Brazil beauty and personal care products market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Brazil Beauty and Personal Care Products Market?
|Growth rate (2023 to 2028)||CAGR of 4.8%|
|Base Year of the Analysis||2022|
The Brazil beauty and personal care products market is expected to exhibit a growth rate (CAGR) of 4.8% during 2023-2028.
What are Beauty and Personal Care Products?
Beauty and personal care products encompass various items developed to improve the appearance and texture of the skin. Individuals widely use these derivatives to cleanse and beautify, aiming to enhance the health and overall look of the skin, hair, and nails. Commonly utilized beauty and personal care items include antiperspirants, soaps, shampoos, razors, body wash, cleansers, oral care products, and cosmetics. These derivatives nourish and hydrate the skin, promote metabolism, regulate moisture levels, and offer protection against harmful ultraviolet rays (UV). In addition to this, beauty and personal care products are effective in preventing issues, such as sagging, wrinkles, acne, and dryness.
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What are the Growth Prospects and Trends in the Brazil Beauty and Personal Care Products Market?
The improving living standards of consumers, the inflating income levels, and the higher per capita expenditures on these items are primarily driving the Brazil beauty and personal care products market. Besides this, the increasing population of working women in the country is propelling the need for various cosmetic and private hygiene derivatives, such as foundation creams, lipsticks, eye makeup, and deodorants, which is further augmenting the market growth. Moreover, the introduction of organic, vegan, and naturally sourced beauty and personal care products and the shifting preference for personalized cosmetic items are also catalyzing the market across Brazil. Apart from this, the availability of compact, portable, and convenient packaging solutions for on-the-go usage and the emerging social media beauty trends and celebrity endorsements endorsing the use of cosmetics and personal grooming items are acting as significant growth-inducing factors. Additionally, the expanding e-commerce platforms offering several products, a seamless purchasing experience, discounted offers, and doorstep delivery are also stimulating the market growth. Furthermore, the elevating inclination of consumers towards premium variants, exotic brands, and signature collections is expected to bolster the Brazil beauty and personal care products market in the coming years.
Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Who are the Key Players Operating in the Brazil Beauty and Personal Care Products Industry?
The competitive landscape of the industry has also been examined with some of the key players.
- Beiersdorf AG
- Coty Inc.
- Grupo Boticario
- Natura & Co.
- Procter & Gamble
- Surya Brasil
- Unilever Brazil (Unilever)
- The Estée Lauder Companies Inc.
What is Included in Market Segmentation?
The report has categorized the market based on product, pricing, ingredient, distribution channel and region.
Breakup by Product:
- Oral care
- Makeup & Color Cosmetics
- Deodorants and Fragrances
Based on Pricing:
Analysed by Ingredient:
- Supermarkets and Hypermarkets
- Specialty Stores
Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Secondary Research :
Secondary research or preliminary data mining is conducted to gather industry landscape and trends, market classification and segmentations, regional insights, key players’ information, policy and regulatory scenario, technological innovations, key market opportunities, challenges, etc. The sources include annual reports, investor presentations, white papers, government bodies, associations, articles from recognized authors, company websites, directories, and databases, certified publications, IMARC’s data repository of published reports, etc. The raw data obtained from secondary research is then filtered so that the most relevant data sources remain for further comprehensive iteration.
This step involves validation of internal market findings and assumptions from key industry stakeholders and value chain participants. The key stakeholders contacted in this step include industry experts such as marketing managers, directors, vice presidents, sales managers, strategy mangers, channel partners, and other value chain participants. Further, in order to enhance our understanding of the latest demand-side trends and scenarios, surveys of the target consumers were also conducted. The objective of primary interviews is not only data validation but also to gain a deeper insight into the market landscape, historical trends, mid- and long-term outlook, government policies, etc.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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IMARC Group employs a robust research methodology which involves data triangulation using an amalgamation of bottom-up and top-down approaches and validation of the final market numbers through expert interviews. We use our extensive database of macroeconomic and sector-specific data to generate the industry forecast. Growth rates exhibited by the market are calculated based on numerous factors and their level of impact on the market. These factors include market drivers, challenges, technological developments, government regulations, macro-economic scenario, etc. The initial baseline forecasts are generated with the most recent market data. After an initial baseline forecast, all future events and assumptions are based on extensive primary and secondary research.
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