The incorporation of cannabis or cannabidiol (CBD) is increasing across various industries, including food, medicine, and skin care. In late 2020, local company Alef Medical Argentina launched the country's first ANMAT-approved (National Administration of Drugs, Food and Medical Technology) dermocosmetic product containing cannabidiol, paving the way for other companies to follow suit.
Throughout the early forecast period, local players such as Lidherma, Milaborit, and VMP are expected to gain ground. Driven by the high demand for skin care products during the COVID-19 pandemic, these companies have expanded their portfolios.
Import restrictions are expected to continue to negatively affect premium skin care brands over the forecast period. At the end of 2022 Argentina’s government tightened import restrictions, painting a bleak outlook for at least the first few years of the forecast period.
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Understand the latest market trends and future growth opportunities for the Skin Care industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Skin Care industry in Argentina, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Skin Care
This is the aggregation of facial care, body care, hand care and skin care sets/kits.
See All of Our DefinitionsThis report originates from Passport, our Skin Care research and analysis database.
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