Argentina Beauty and Personal Care Product Market Overview:
Argentina's cosmetics and personal care products market is experiencing strong growth due to changing consumer needs, rising incomes, and increased attention to hygiene and wellness. The rise of e-commerce and the penetration of social media are changing consumer buying behavior and enabling brands to reach a wider audience. In addition, the men's grooming sector is emerging as a major market segment, due to the growing interest of male consumers in personal care which is expected to create noteworthy opportunities for the market. Furthermore, increasing consumer spending on luxury or niche beauty or personal care products is expected to pose significant growth in the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Emerging Trends Towards Online Platforms for Buying Products and Preference of Organic Beauty and Personal Care Products Among Consumers
Market Growth Drivers:
Rising Disposable Income of People and Increasing Demand for Premium Beauty & Personal Care Products and Increasing Awareness About Grooming Among Men, Especially in Gen Z and Millennials
Challenges:
Availability of Multiple Global As Well As Local Players in Argentina Market
Restraints:
Supply Chain Disruptions, high Import Tariffs, and Regulations May Hamper the Growth
Opportunities:
Growing Popularity of Personalized or Customized Beauty & Personal Care Products and Inclination Towards the Luxury and Niche Product Segments
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, and better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions to maintain their presence in the market.
Some of the key players profiled in the report are Revlon, Inc. (United States), Natura &Co Holding S.A. (Brazil), L'Oréal S.A. (France), Regina Cosmetics (Argentina), Johnson & Johnson (United States), P&G (United States), Kimberly Clark (United States), Shiseido Co.,Ltd. (Japan), Beiersdorf AG (Germany), Unilever PLC (United Kingdom), Hermès (France) and Puig (Spain). Considering Market by Nature, the sub-segment i.e. Organic will boost the Beauty and Personal Care Product market. Considering Market by Pricing, the sub-segment i.e. Economic will boost the Beauty and Personal Care Product market. Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Beauty and Personal Care Product market. Considering Market by End User, the sub-segment i.e. Women will boost the Beauty and Personal Care Product market.
What Can be Explored with the Beauty and Personal Care Product Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Argentina Beauty and Personal Care Product Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Beauty and Personal Care Product
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Argentina Beauty and Personal Care Product market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Beauty and Personal Care Product market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Beauty & Personal Care Manufacturers, Suppliers & Distributors, Raw Material Providers, Government Regulatory Bodies, Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.