Brazil cosmetics market is expected to grow at a substantial rate during the forecast period. The growth in cosmetics market can be accredited to various factors such as changing lifestyles, rising disposable income and growing demand for skin and sun care products due to varying climatic conditions. In addition to this, increasing consumer awareness regarding skin care is further forecast to aid the market growth through 2026. Also, increasing number of beauty salons in the country is anticipated in giving healthy push to the market growth. However, the some of the factors that might act as major impediments to the growth of Brazil cosmetics market in the upcoming years include fluctuations in raw material supply or price sensitivity associated with raw materials.
The Brazil cosmetics market is segmented based on product type, distribution channel, region and company. Based on product type, the market can be segmented into hair care, skin care, bath and shower products, makeup & color cosmetics products, fragrances & deodorants
Major players operating in the Brazil cosmetics market include 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, etc. The companies are adopting various competitive strategies include mergers & acquisitions in order to increase their customer bases and expand their geographic reach.
Years considered for this report
Historical Years2016–2019
Base Year2020
Estimated Year2021
Forecast Period2022–2026
Objective of the Study
- To analyze and forecast the market size of Brazil cosmetics market.
- To classify and forecast Brazil cosmetics market based on product type, distribution channel, company and regional distribution.
- To identify drivers and challenges for Brazil cosmetics market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Brazil cosmetics market.
- To conduct pricing analysis for Brazil cosmetics market.
- To identify and analyze the profile of leading players operating in Brazil cosmetics market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the country. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers, distribution channels and presence of all major players across the country.
Market insights research calculated the market size of
Key Target Audience
- Cosmetics manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to cosmetics
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
