Brazil Beauty and Personal Care Products Market Analysis 2021: Industry Overview, Growth, Trends, Opportunities and Forecast Till 2026
According to IMARC Group’s latest report, titled “Brazil Beauty and Personal Care Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is expected to grow at a CAGR of around 6% during 2021-2026. Beauty and personal care products help maintain the growth and nourishment of hair, nails, and skin. These products include shampoos and hair oil, creams, lotions, sunscreen, makeup, bath and shower bars and gels, oral care, deodorant, and antiperspirants. They are applied to improve the body odor and enhance physical appearance of consumers. With the increasing consciousness about personal grooming, consumers are becoming more inclined toward beauty and personal care products in Brazil.
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The Brazil beauty and personal care products are primarily driven by the growing demand for anti-aging, whitening, and moisturizing products at a lower than premium cost. The increasing awareness about the benefits of these products, such as improving quality of life, reducing acne and enhancing personal hygiene, have escalated their demand across the country. Besides this, the growing dental problems among children and adults, growing popularity of new and premium variants and the rising penetration of e-commerce platforms are some of the other factors influencing the market growth in Brazil. Looking forward, IMARC Group expects the Brazil beauty and personal care products market to continue its robust growth during the forecast period (2021-2026).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
- Beiersdorf AG
- Cargill
- Coty Inc.
- Grupo Boticario
- L’Oréal
- Natura & Co.
- Procter & Gamble
- Surya Brasil
- Unilever Brazil (Unilever)
- The Estée Lauder Companies Inc.
Breakup by Product:
- Skincare
- Haircare
- Oral care
- Makeup & Color Cosmetics
- Deodorants and Fragrances
- Others
- Mass
- Premium
- Natural
- Organic
- Others
- Supermarkets and Hypermarkets
- Specialty Stores
- Pharmacies
- Online
- Others
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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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.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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