Premium Beauty and Personal Care

Volume sales growth in premium beauty and personal care in Guatemala was moderate in 2023, with current value sales rising rapidly as a result of price increases, though at a slower rate than during the previous two years. Local habits in terms of…

Despite the economic situation in Chile in 2023, which forced consumers to prioritise their purchases, premium beauty and personal care maintained steady current value growth, at a very similar level to that recorded in 2022. However, significant…

Premium beauty and personal care saw robust value sales in Peru in 2023, which was supported by new brands entering the arena.

In 2023, the Dominican economy showed moderate growth although GDP remains lower than before the pandemic. This low growth in the economy, combined with a period of higher living costs, led consumers to prioritise their purchases. In beauty and…

Premium beauty and personal care registered minimal constant value growth in Bolivia in 2023, as rising prices, brought on by a sharp fall in foreign currency reserves, led to increased prices particularly for imported brand. This also led to a…

The expansion of beauty specialists helped to drive the growth of premium beauty and personal care in Colombia in 2023. After the pandemic, the channel witnessed a steady increase in value share across most categories and gained ground from other…

In 2023, premium beauty and personal care in Argentina registered a strong contraction in retail volume terms, while retail value sales rose. Import restrictions were the key challenge for retail volume sales, with imports of premium beauty and…

According to the current value of Brazilian GDP in dollars, Brazil ranks 12th amongst the world’s largest economies, almost on a par with Iran, which ranks 11th and has benefited from rises in oil prices. The fact that the Brazilian market holds…

Premium beauty and personal care witnessed dynamic growth in current value terms in 2022, albeit slightly slower compared to 2021. Premium beauty and personal care outpaced the growth of the mass segment. However, the gap between the growth of the…

The premium segment witnessed a second year of significant current value growth supported by a natural recovery in category sales. This followed the elimination of COVID-19 pandemic restrictions and face masks that significantly limited the use of…

Premium fragrances witnessed a significant improvement in 2022 as consumption continued to recover post-pandemic. However, current value sales still remain below pre-pandemic levels. The return of international travel in 2022 has led to an increase…

Costa Rican consumers are increasingly opting for dermocosmetic skin care brands. Local dermatologists usually recommend dermocosmetic brands such as La Roche Posay over premium brands such as Lancôme, L’Occitane, and Clinique as they directly…