Brazil Cosmetics Market to Grow at a Substantial Rate through 2025
Increasing demand from youth
population and rising disposable income to drive the growth of the Brazil
cosmetics market
According
to TechSci Research report, “Brazil Cosmetics Market By Product Type, By Distribution Channel, By
Region, Competition, Forecast & Opportunities, 2025”, Brazil
cosmetics market is anticipated to grow substantially during the forecast
period. The reason for the growth of cosmetics market in Brazil includes surging
demand from youth population coupled with growing adoption of western culture
& lifestyle. Moreover, increasing per capita expenditure personal
appearance along with growth in beauty and cosmetics market is positively
influencing the market growth in the country. In addition to this, the market
has witnessed shift in demand towards organic and natural cosmetics which is
further anticipated to bode well for the growth of Brazil cosmetics market in
the next 5 years.
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Tables and XX Figures spread through XXX Pages and an in-depth TOC on "Brazil Cosmetics Market"
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Brazil
cosmetics market can be segmented based on product type, distribution channel
and region. In terms of distribution channel, the market can be segmented into beauty
parlors/salons, multi branded retail stores, online channels,
supermarkets/hypermarkets, exclusive retail stores & others. Out of which, multi
branded as well as exclusive retail store segments dominated the market until
2019 and is forecast to maintain its lead during the forecast period as well, which
can be attributed to the customers preference for buying cosmetic products. Also,
the online channel segment is witnessed to grow at high pace over the coming
years on account of upsurge of several e-commerce websites. Online sales and
marketing channels allow the vendors to reach mass markets and foster closer
relationships with the consumers, which is further boosting the segment growth in
the country.
L'Oreal
Brasil Comercio De Cosmeticos Ltda, Unilever Brasil Ltda, Procter & Gamble
do Brasil Ltda, Natura Cosmeticos SA, Avon Cosmeticos Ltda, Beiersdorf
Industria e Comercio Ltda, Grupo Boticario are the leading players operating in
Brazil cosmetics market.
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“Brazil cosmetics
market is growing dynamically due to rising demand for natural,
herbal and organic beauty products which is creating new opportunities for the
manufacturers to develop new products according to consumer preferences.
Furthermore, less consumption of products using phthalates, aluminum salts and
parabens coupled with increasing demand to provide sustainable products are
amongst few factors which are anticipated to drive the growth of cosmetics market
in the country until 2025.”, said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Brazil Cosmetics Market By Product Type, By
Distribution Channel, By Region, Competition, Forecast & Opportunities,
2024” has
evaluated the future growth potential of Brazil cosmetics market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in Brazil cosmetics market.
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