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The Chile Cosmetic Industry Report is Segmented by Product Type (Face Cosmetics, Eye Cosmetics, Lip Cosmetics, Hairstyling, and Coloring Products), Distribution Channel (Supermarkets/Hypermarkets, Beauty Salons, Specialist Retailers, Online Retail, and Other Distribution Channels). The Report Offers Market Sizes and Forecasts in Value Terms (USD) for all the Above Segments.
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The size of the Chile Cosmetics Products Market was valued at USD 282.97 Million in 2023 and is projected to reach USD 335.22 Million by 2032, with an expected CAGR of 2.45% during the forecast period. Cosmetic products are substances or mixtures intended for application on the human body to cleanse, beautify, promote attractiveness, or alter appearance without affecting the body's structure or functions. These products include a wide range of items such as skin cleansers, moisturizers, makeup (like lipstick, mascara, and foundation), perfumes, hair care products, and deodorants. They are designed for external use on various parts of the body, including the skin, hair, nails, lips, and external genital organs. The primary purpose of cosmetic products is to enhance the user's appearance and personal hygiene, contributing to their overall sense of well-being and confidence. Recent developments include: September 2023: NYX Professional Makeup unveiled its "Mon-Star Bash" Halloween campaign, a limited-edition collection inspired by Universal Pictures' timeless Universal Monsters. This thrilling campaign features a diverse ensemble of emerging Gen Z talents. NYX Professional Makeup offers its exclusive products in Chile through a variety of online distribution channels, such as Amazon., August 2023: KVD Beauty introduced its cutting-edge creation, the Full Sleeve Long + Defined Tubing Mascara. With a presence in Chile through multiple distribution channels, including Amazon, KVD Beauty continues to innovate and captivate., February 2023: Maybelline New York launched its Falsies Surreal Extensions mascara, boasting its first-ever avatar. This breakthrough mascara leverages a unique blend of long and short fibers and an extended helix brush adorned with long twisted bristles, all working in harmony to create extreme volume and achieve lashes that appear up to 36% longer.. Key drivers for this market are: Increasing Demand for Vegan and Organic Cosmetic Products, Growing Consumer Inclination Towards Grooming and Appearance. Potential restraints include: High Import Dependency Leading to High Price of the Final Products. Notable trends are: Hair Styling and Coloring Products are in Trend.
In 2021, personal hygiene was the largest segment of the Chilean cosmetics market, with a market share of 31 percent. This segment was followed by fragrances, which represented 22 percent of the beauty and personal care market in Chile. Hair care accounted for 18 percent of the Chilean cosmetics market that year.
This statistic depicts the value of the color cosmetics retail market in Chile in 2015, broken down by product segment. That year, the color cosmetics market was worth around 158.2 billion Chilean pesos, out of which the eye products segment accounted for 53 billion pesos.
In 2022, France and the United States were among the top origin countries for beauty product imports in Chile. They accounted for 17.97 and 16.59 percent of Chile's total import value of beauty products.
In 2019, the luxury cosmetics segment was estimated to have accounted for 18 percent of the Chilean cosmetics market, while in Mexico the market share of this segment reached 16 percent. In Latin America, premium cosmetics represented ten percent of the regional market.
This statistic shows the market share of the beauty and personal care industry in Chile from 2010 to 2015, by distribution channel. In 2015, supermarkets accounted for approximately 16.9 percent of the beauty and personal care products market in Chile.
Preunic.cl ranks as the leading online retailer in the Chilean beauty e-commerce market, showcasing the highest e-commerce net sales, reaching 24 million U.S. dollars in 2023. It was followed by sallybeauty.cl, recording approximately 10.7 million dollars, and lancome.cl with 5.2 million. For an extended ranking or rankings in other product categories, please visit ecommerceDB.com.
The penetration rate in the 'Personal Care' segment of the beauty & personal care e-commerce market in Chile was forecast to continuously increase between 2024 and 2029 by in total 3.3 percentage points. After the ninth consecutive increasing year, the indicator is estimated to reach 27.37 percent and therefore a new peak in 2029. Notably, the penetration rate of the 'Personal Care' segment of the beauty & personal care e-commerce market was continuously increasing over the past years.Find further information concerning revenue growth in the United States and revenue worldwide. The Statista Market Insights cover a broad range of additional markets.
This statistic shows the Compound Annual Growth Rate (CAGR) of the beauty and personal care market in Chile between 2010 and 2015, by product. In that period, the CAGR of men's grooming in Chile reached 9.8 percent.
The Europe hair care market size was valued at USD 20.59 Billion in 2022 and is projected to reach USD 24.78 Billion by 2031, expanding at a CAGR of 2.08% during the forecast period 2023 - 2031. Growth of the market is attributed to several technical, environmental, and economic developments which are driving demand for more organically sourced ingredients and innovation, as well as portfolio growth, which is resulting in product premiumization.
Hair care refers to the grooming and cosmetology of hair that develops from the scalp. Hair care techniques vary depending on the individual's culture and the physical characteristics of their hair. Shampoo, hair color, conditioner, hair styling products, and hair oil are just a few of the hair care products available.
Hair care relates to the sanitary and cosmetic treatment of hair to maintain it healthy, clean, and stylish. Various treatments and products are used to treat hair on the scalp, facial hair, and hair on other parts of the body.
Hair is exposed to a variety of procedures in order to preserve its health, including cutting, plucking, waxing, and coloring. These treatments are used on hair depending on the kind of hair, the consumer's demands, and, of course, current fashion trends.
Hair care items include hair spray, hair oil, conditioner, and shampoo. Hair gel, hair serum, hair mask, hair color, and a variety of additional products are also available. The hair care business has changed dramatically in the previous decade, with the advent of new hair styles, hair regeneration, and hair colorant treatments.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 1.59(USD Billion) |
MARKET SIZE 2024 | 1.67(USD Billion) |
MARKET SIZE 2032 | 2.5(USD Billion) |
SEGMENTS COVERED | Cultivation Method ,Application ,Variety ,Seed Treatment ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | 1 Increasing demand for spicy food 2 Growing health consciousness 3 Expansion of retail channels 4 Innovations in seed production 5 Rising income levels |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Sakata Seed Corporation ,East-West Seed ,Bejo Samen ,Kitazawaseed ,Syngenta Group ,Monsanto Company ,Takii & Company ,Rijk Zwaan ,Bayer Cropprotection ,BASF SE ,Limagrain ,Clause SAS ,Vilmorin & Cie SA ,Hazera Genetics ,Mahyco |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Growing demand for organic and cleanlabel products Increasing popularity of spicy and ethnic cuisines Rising disposable income and changing lifestyles Expanding retail channels and increased ecommerce penetration Growing awareness of health benefits associated with red chili peppers |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 5.16% (2024 - 2032) |
In 2022, Chile and Mexico were the main importers of hair products in Latin America, with a trade value of 172 and 150 million U.S. dollars, respectively.
The revenue in the 'Personal Care' segment of the beauty & personal care e-commerce market in Chile was forecast to continuously increase between 2024 and 2029 by in total 176.4 million U.S. dollars (+71.69 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 422.46 million U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Personal Care' segment of the beauty & personal care e-commerce market was continuously increasing over the past years.Find more information concerning Worldwide and the United States. The Statista Market Insights cover a broad range of additional markets.
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The Container Glass Market Report is Segmented by End-User Vertical (Beverages (Alcoholic (Beer and Cider, Wine & Spirits, and Other Alcoholic Beverages) and Non-Alcoholic (Carbonated Soft Drinks, Milk, and Water and Other Non-Alcoholic Beverages), Food, Cosmetics, Pharmaceutical, Other End User Verticals) and Geography (North America (United States and Canada), Europe (France, Germany, Italy, United Kingdom, Spain, Poland, Russia, Nordic and Rest of Europe), Asia-Pacific (China, India, Japan, Thailand, New Zealand and Australia, South Korea, Indonesia, Vietnam, and Rest of Asia-Pacific), Middle East and Africa (United Arab Emirates, Saudi Arabia, Egypt, Kuwait, South Africa, Nigeria, Morocco, and Rest of Middle East and Africa) and Latin America (Brazil, Mexico, Colombia, Chile, Argentina, and Rest of Latin America). The Market Sizes and Forecasts are Provided in Terms of Volume (Tonnes) for all the Above Segments.
Peru was the main recipient of beauty product exports from Chile in 2022, accounting for 23.5 percent of the total export value. Bolivia was the second most important destination for beauty product exports from Chile that year, with a share of 19.6 percent. While Chile's beauty exports mostly remain within Latin America, most of its beauty imports originate from France, the United States, and China.
The United States was by far the most important destination for Mexico's cosmetics exports in 2023, with an export value of approximately 1.8 billion U.S. dollars. Chile and Guatemala followed suit, with Mexican cosmetic exports amounting to approximately 113 and 103 million U.S. dollars, respectively. That same year, deodorants, bath products, and shaving products was the most exported category of cosmetics from Mexico.
The number of users in the beauty & personal care e-commerce market in Egypt was forecast to continuously increase between 2024 and 2029 by in total 4.6 million users (+56.3 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 12.76 million users and therefore a new peak in 2029. Notably, the number of users of the beauty & personal care e-commerce market was continuously increasing over the past years.Find more key insights for the number of users in countries and regions like the revenue in the 'Personal Care' segment of the beauty & personal care e-commerce market in Chile and the revenue change in the beauty & personal care e-commerce market in Europe. The Statista Market Insights cover a broad range of additional markets.
Bolivia was Chile's most important export trading partner for hair products in 2022, with 48.6 percent of the product's exports destined to the country. In that year, Chile's second most important export trading partner for hair products was Peru, with an export share of 12.8 percent. In 2022, imports of hair care products into Chile amounted to 172 million U.S. dollars.
Mexico was by far Chile's most important import trading partner for hair products in 2022, accounting for over 47 percent of the product's import value. In that year, Chile's second most important import trading partner for hair care was Italy, with a share of over 13 percent. In 2022, imports of hair care products into Chile amounted to 172 million U.S. dollars.
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The Chile Cosmetic Industry Report is Segmented by Product Type (Face Cosmetics, Eye Cosmetics, Lip Cosmetics, Hairstyling, and Coloring Products), Distribution Channel (Supermarkets/Hypermarkets, Beauty Salons, Specialist Retailers, Online Retail, and Other Distribution Channels). The Report Offers Market Sizes and Forecasts in Value Terms (USD) for all the Above Segments.