Premium beauty and personal care is set to see strong current value growth rates in Chile, with a rising trend over the course of the forecast period. Although rising from a low base, premium deodorants is set to see a double-digit current value CAGR.
Despite the country’s more challenging economic conditions during recent years, premium fragrances continued its upward trajectory, confirming the trend in the Chilean market that consumers are still willing to invest in high-quality products that offer a unique sensory experience, even in the face of economic challenges. Despite having lower disposable incomes, consumers are still indulging in luxurious fragrances that provide a sense of luxury and self-care; this is expected to continue, which will help drive a double-digit current value CAGR for premium fragrances in Chile in the forecast period.
Premium hair care, which saw double-digit current value growth in 2021 during the pandemic, saw much slower but still positive growth rates in subsequent years, and slow and stable rates of growth are set to continue in the forecast period. Many consumers have maintained their focus on the high-quality brands they tried during the pandemic, but have minimised their purchase frequency in a difficult economic environment, and this trend is expected to continue in the forecast period.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Premium Beauty and Personal Care industry in Chile with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Premium Beauty and Personal Care industry in Chile, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Premium Beauty and Personal Care
This is the aggregation of premium colour cosmetics, fragrances, deodorants, skin care, sun care, baby and child-specific products, bath and shower and hair care.
See All of Our DefinitionsThis report originates from Passport, our Premium Beauty and Personal Care research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!