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Chile Cosmetics Market Size, Share, Trends, Growth, Report: By Category: Hair Care, Skin and Sun Care, Makeup and Colour Cosmetics, Fragrances and Deodorants, Others; By Gender: Men, Women, Unisex; By Price Range: Mass, Premium; By Distribution Channel: Supermarkets and Hypermarkets, Others; Competitive Landscape; 2024-2032
Chile Cosmetics Market Outlook
The Chile cosmetics market size was approximately USD 399.1 million in 2023. The market is assessed to grow at a CAGR of 10.90% between 2024 and 2032, reaching a value of USD 1012.66 million by 2032.
Key Takeaways
- Chile was the 39th largest importer of beauty products in the world in 2022, with imports totalling $249M.
- The primary destinations from where Chile imports beauty products are France, the US, China, Spain, and Germany.
- The popularity of organic and natural beauty products is increasing in Chile, as consumers are placing a greater emphasis on sustainable and environmentally friendly choices.
As per the Chile cosmetics market analysis, the market is currently witnessing substantial expansion as a result of a surge in the demand for beauty products, an increasing awareness regarding fashion and beauty, and the integration of advanced technologies within the sector. Moreover, a rise in the usage of organic and high-quality skin care products and the increasing focus on self-care are also favouring the growth of the market.
Consumer awareness of eco-friendly cosmetic products is on the rise, with influencers on social media playing a key role in promoting these products. Organic cosmetics, containing natural ingredients like olive oil, aloe vera, and coconut oil, offer essential nutrients for the skin and hair. Not only are these products more effective than conventional cosmetics, but they also lack artificial preservatives and synthetic fragrances that may trigger skin reactions.
Moreover, the increasing utilisation of cutting-edge technology in the cosmetics sector is shaping the growth of the market in Chile. Advanced technologies like artificial intelligence, machine learning, augmented reality, 3D printing, virtual reality, and IoT are being leveraged for operations like production, design, and packaging, leading to the Chile cosmetics market development.
For instance, in 2023, the Estée Lauder Companies (ELC), an international cosmetic brand, unveiled its Voice-Enabled Makeup Assistant (VMA) application, a groundbreaking mobile app powered by artificial intelligence. This unique tool is designed to help visually impaired users apply makeup more effectively and confidently.
Market Segmentation
Chile Cosmetics Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Category
- Hair Care
- Skin and Sun Care
Makeup and Colour Cosmetics
- Fragrances and Deodorants
- Others
Market Breakup by Gender
- Men
- Women
- Unisex
Market Breakup by Price Range
- Mass
- Premium
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Pharmacy and Drug Stores
- Speciality Stores
- Online
- Others
Competitive Landscape
The market participants are focusing on the production of organic and natural cosmetics and are increasing their investments in product marketing to strengthen their market position.
- Johnson & Johnson Services, Inc.
- Estee Lauder Companies Inc.
- Procter & Gamble Company
- Oriflame Cosmetics SA
- Laboratorio Hudson SA
- Shiseido Co. Ltd.
- Beiersdorf AG
- Unilever Plc
- L’Oréal S.A.
- Natura & Co.
- CHANEL SA
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Category |
|
| Breakup by Gender |
|
| Breakup by Price Range |
|
| Breakup by Distribution Channel |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Cosmetics Market Overview
8.1 Key Industry Highlights
8.2 Latin America Cosmetics Historical Market (2018-2023)
8.3 Latin America Cosmetics Market Forecast (2024-2032)
8.4 Latin America Cosmetics Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Chile
8.4.5 Others
9 Chile Cosmetics Market Overview
9.1 Key Industry Highlights
9.2 Chile Cosmetics Historical Market (2018-2023)
9.3 Chile Cosmetics Market Forecast (2024-2032)
10 Chile Cosmetics Market by Category
10.1 Hair Care
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Skin and Sun Care
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Makeup and Colour Cosmetics
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Fragrances and Deodorants
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Chile Cosmetics Market by Gender
11.1 Men
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Women
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Unisex
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Chile Cosmetics Market by Price Range
12.1 Mass
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Premium
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Chile Cosmetics Market by Distribution Channel
13.1 Supermarkets and Hypermarkets
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Convenience Stores
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Pharmacy and Drug Stores
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Speciality Stores
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Online
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyers Powers
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code – 3304)
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 L’Oréal S.A.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Shiseido Co. Ltd.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Estee Lauder Companies Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Procter & Gamble Company
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Unilever Plc
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Natura & Co.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 CHANEL SA
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Oriflame Cosmetics SA
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Beiersdorf AG
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Johnson & Johnson Services, Inc.
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Laboratorio Hudson SA
17.2.11.1 Company Overview
17.2.11.2 Product Portfolio
17.2.11.3 Demographic Reach and Achievements
17.2.11.4 Certifications
17.2.12 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Cosmetics Market: Key Industry Highlights, 2018 and 2032
2. Chile Cosmetics Market: Key Industry Highlights, 2018 and 2032
3. Chile Cosmetics Historical Market: Breakup by Category (USD Million), 2018-2023
4. Chile Cosmetics Market Forecast: Breakup by Category (USD Million), 2024-2032
5. Chile Cosmetics Historical Market: Breakup by Gender (USD Million), 2018-2023
6. Chile Cosmetics Market Forecast: Breakup by Gender (USD Million), 2024-2032
7. Chile Cosmetics Historical Market: Breakup by Price Range (USD Million), 2018-2023
8. Chile Cosmetics Market Forecast: Breakup by Price Range (USD Million), 2024-2032
9. Chile Cosmetics Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10. Chile Cosmetics Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11. Major Importing Countries by Volume
12. Major Exporting Countries by Volume
13. Major Importing Countries by Value
14. Major Exporting Countries by Value
15. Chile Cosmetics Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 399.1 million.
The market is estimated to grow at a CAGR of 10.90% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 1012.66 million by 2032.
The market is driven by factors including the increasing disposable incomes, the surging demand for anti-ageing cosmetics, and the growing popularity of men's grooming products.
The key market trends are the growing demand for organic and natural products and the increasing integration of advanced technologies in the production of cosmetic goods.
The major categories of cosmetics are hair care, skin and sun care, makeup and colour cosmetics, and fragrances and deodorants, among others.
The major categories based on gender are men, women, and unisex.
The major players in the market are Johnson & Johnson Services, Inc., Estee Lauder Companies Inc., Procter & Gamble Company, Oriflame Cosmetics SA, Laboratorio Hudson SA, Shiseido Co. Ltd., Beiersdorf AG, Unilever Plc, L’Oréal S.A., Natura & Co., CHANEL SA, Others.
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