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Learn moreJun 2019
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There is increasing awareness of waxing methods being more durable, but razors and blades remain the preferred method for women in the country. Once they acquire the ritual of eliminating undesired hair, they choose razors because they are much more economic and they are also available in small independent grocery stores, market stalls and pharmacies, very close to any home.
Consumers are becoming more experienced and begin to demand more beauty products. Furthermore, mass media exposure along with international influence are also shaping how beauty is seen in the country, transforming the consumption occasion to a daily basis.
The benefits of wax bands such as Reckitt Benckiser's Veet are recognised, which are the long duration of the effects, since the hairs take up to four weeks to grow back. In addition, the skin remains soft and is not subject to damage.
In most low- and midde-income households, women who have decided to remove their undesired body hair use men’s razors because they are cheaper than those designed exclusively for women and also because of larger availability through traditional channels such as small independent grocery stores which are located in all kinds of neighbourboods. It is important to mention that currently, women’s razors are only available through modern retailers.
Laser hair removal has expanded, gaining traction by reducing prices and becoming more accessible to middle-income consumers. Hair removal salons have increased their presence by opening new venues and have been reached mass audiences by continuously announcing promotions through social networks, such as "bring a friend and do not pay" for Valentine's Day, or "pay the daughter and the mother at half price" for Mother's Day.
It is expected over the forecast period that Reckitt Benckiser Perú and Procter & Gamble Peru will continue leading depilatories due to continuous innovations to attract more consumers and enlarge the current small consumer base, penetrating mainly middle-income households where some women still use men’s products or are not in the habit of removing body hair. Therefore the use of TV advertising and in-store promotions is highly expected.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Depilatories industry in Peru with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Depilatories industry in Peru, our research will save you time and money while empowering you to make informed, profitable decisions.
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This industry report originates from Passport, our Beauty and Personal Care market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.