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Category: Skincare
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Mexico’s beauty and personal care market was valued at $15bn in 2023 making it the ninth largest globally ahead of France and Italy according to Euromonitor. The market has grown steadily from $10bn in 2018, with prestige beauty expanding nearly twice as fast. By 2028, Statista forecasts a 3% annual growth rate, driven by rising…
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India’s beauty and personal care market, valued at approximately $22.8 billion as per Statista, is one of the fastest-growing consumer categories in the country. Driven by rising disposable incomes in the Indian middle class, increased digital penetration, and shifting preferences toward premium and clean products, the sector is expected to grow by 12% in 2025.
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With total sales of €10.6bn in 2024, Brazil is the fifth largest beauty market in the world behind India (€16bn) and in front of Germany (€10bn) notably driven by a huge fragrance segment representing half of the market. Overall growth prospects remain strong for the coming years with a projected CAGR of 5.2% between 2025…