Brazil Cosmetics Market Report 2021: Focus on Hair Care,

Dublin, March 16, 2022 (GLOBE NEWSWIRE) — The “Brazilian Cosmetics Market, By Product Type (Hair Care, Skin Care, Bath & Shower Products, Makeup & Color Cosmetics, Perfume & Deodorant), By Distribution Channel, By Region, Competition, predictions and opportunities, 2026″ report has been added to from ResearchAndMarkets.com offer.

The Brazilian cosmetics market is expected to grow at a substantial rate during the forecast period. The growth of the cosmetics market can be attributed to various factors such as changing lifestyles, increasing disposable income, and increasing demand for skincare and sunscreen products owing to varying climatic conditions.

In addition to this, growing consumer awareness of skincare is expected to further contribute to the growth of the market till 2026. Besides, the increasing number of beauty salons in the country is expected to give a healthy impetus to the growth of the Marlet.

However, some of the factors that could act as major impediments for the growth of the Brazilian cosmetics market in the coming years include fluctuations in the supply of raw materials or price sensitivity associated with raw materials.

The Brazilian cosmetics market is segmented on the basis of 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 and color cosmetics, perfumes and deodorants.

Among these, the skin care product type segment is expected to witness high growth over the forecast period, which is attributed to the growing adoption of anti-aging products by consumers keen to improve their appearance and their youth.

Key companies are adopting various competitive strategies, including mergers and acquisitions, to increase their customer base and expand their geographic reach.

Major players operating in the Brazil cosmetics market include

  • L’Oreal Brasil Comercio De Cosmeticos Ltda
  • Unilever Brazil Ltda
  • Procter & Gamble do Brasil Ltda
  • Natura Cosmeticos SA
  • Avon Cosmeticos Ltda
  • Beiersdorf Industria e Comercio Ltda
  • Boticario Group

Report Scope:

Years considered for this report:

  • Historical years: 2016-2019
  • Reference year: 2020
  • Estimated year: 2021
  • Forecast period: 2022-2026

Brazilian cosmetics market, by product type:

  • Hair care
  • Skin care
  • Bath and shower products
  • Makeup and color cosmetics
  • Perfumes & Deodorants

Brazilian cosmetics market, by distribution channel:

  • Beauty salons/salons
  • Multi-brand retail stores
  • Online channels
  • Supermarkets/Hypermarkets
  • Exclusive retail stores
  • Others

Brazil Cosmetics Market, By Region:

  • North
  • Northeast
  • South
  • Midwest
  • South East

For more information on this report, visit https://www.researchandmarkets.com/r/r1ovy6


        

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