Beauty and Personal Care

In 2022, the war in Ukraine was the core factor impacting consumer demand for beauty and personal care. The initial months following the invasion were the most difficult, when many consumers ceased purchasing products deemed non-essential.…

Affluent groups are attracted by premium products while low-income expatriates prefer lower-priced offerings. In 2022, most products had fully recovered from the COVID-19 pandemic and benefited from a rising health and wellness trend, largely fuelled…

Beauty and personal care in Uzbekistan was starting to cover from the impacts of the COVID-19 pandemic when, in 2022, the industry faced new challenges due to skyrocketing global inflation and geopolitical conflicts. These factors led to rising costs…

In 2022, beauty and personal care saw a decline in retail volume sales as demand waned in some product categories, although current value growth remained robust. The most critical factor in 2022 has been the exchange rate between Argentina and…

Beauty and personal care continued to develop in 2022 as population growth, urbanisation and rising incomes due to economic development expanded the core consumer base in most categories. However, most local people demand only the absolute basics…

Beauty and personal care showed robust growth in 2022 facilitated by the removal of quarantine restrictions from March 18, 2022. The strongest growth came from colour cosmetics as mask-wearing was no longer required and socialising began to recover…

Following a partial recovery in 2021, beauty and personal care in Spain witnessed a sluggish performance in in 2022. While the rate of growth accelerated year-on-year in current value terms, this was due mainly to inflationary pressures, which…

Beauty and personal care faced a very changeable sales period in 2022. On the positive side, public life had almost completely recovered from the effects of COVID-19 creating a stronger appetite for beauty and personal care products. In colour…

Colombia fared better than many other economies in 2022, as soaring oil prices as a result of the war in Ukraine, boosted oil revenues in Colombia as well. However, general inflation also took hold, due to factors such as strained global supply…

Demand for beauty and personal care came under pressure in 2022 as high inflation undermined consumer spending. This flowed from the 23% devaluation of the dinar and the global supply chain crisis as higher prices led to the launch of low-quality…

After experiencing a significant decline in 2020 during the first wave of the pandemic and the most stringent restrictions, followed by a modest recovery in 2021, beauty and personal care registered robust value sales growth in 2022. However, this…

Rising costs and squeezed household budgets in 2022 resulted in Australians reconsidering their spending habits, with many trading down to more affordable options and being more selective with their expenditure, whilst still giving themselves…

The US market was continuing to record positive growth across most of its key categories in 2022, with ongoing post-COVID-19 recovery supporting growth in premium beauty and personal care. Premium dermocosmetics were in particularly strong demand…

The beauty and personal care industry in Tunisia registered strong value growth in 2022. However, this was mostly caused by relatively high inflation that was stimulated by a sharp depreciation of the local currency against the euro, the economic…

There is a sizeable market for beauty and personal care in Sri Lanka but economic constraints and government restrictions on imports is restricting growth. While brand loyalty plays a role, due to the current challenges price and accessibility were…

The war in nearby Ukraine had a significant impact, with the resultant energy crisis leading to soaring double-digit inflation and dampening volume sales. As a result, though there was significant growth in current value sales of beauty and personal…

The beauty and personal care market in Estonia lost momentum in 2022 following a particularly strong 2021. Consumers returned to their pre-pandemic behaviours and found that reasons for concern were changed, but had not gone away. War in Ukraine and…

Ecuador witnessed a slight economic recovery in 2022 following the decline caused by the COVID-19 pandemic. During the second half of 2021, a nationwide vaccination plan was launched that successfully reduced the threat of COVID-19. Although there…

In 2022, all categories are being impacted by the global inflation rates, with price hikes by 50% being seen in some cases. However, BPC overall is performing much better than seen in 2020 and 2021 due to the COVID-19 pandemic coming to an end.…

Following the start of a recovery from COVID-19 in 2021, the beauty and personal care landscape saw a further recovery in 2022, with pandemic restrictions lifted, increasing social occasions. Consumer attitudes and behaviours adopted during COVID-19…