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Uruguay Cosmetics Market Size, Share, Growth, Forecast: By Product: Hair Care, Skin and Sun Care, Makeup and Color Cosmetics, Fragrances and Deodorants, Others; By Gender: Men, Women; By Price Range: Mass, Mid-Premium, Premium; By Distribution Channel: Speciality Stores, Online, Others; Competitive Landscape; 2023-2028
Uruguay Cosmetics Market Outlook
The Uruguay cosmetics market size reached a value of approximately USD 103.9 million in 2022. The market is further projected to grow at a CAGR of 4.70% between 2023 and 2028, reaching a value of USD 136.4 million by 2028.
Key Trends in the Market
Cosmetics refer to the products that are used on the human body in order to clean and beautify the body parts including face, hair, skin, and nails, among others. The cosmetic products range from nail polish and lipstick to perfume and deodorants, among others.
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- Increasing emphasis on personal grooming and growing awareness about the necessity of sun protection has increased the demand for cosmetic products that offer added benefits such as sun protection and skin nourishment. This in turn is aiding the expansion of the Uruguay cosmetics market.
- Increasing demand for anti-aging products due to growing awareness about their benefits their benefits is boosting the growth of the cosmetics market in Uruguay. The manufacturers are increasingly investing in the research and development of anti-aging products in order to provide the consumers with high quality products.
- Rising environmental consciousness among consumers has changed their preference towards eco-friendly packaging and towards brands that are adopting sustainable technologies and raw materials. Therefore, the key players are incorporating sustainable practices to increase the product appeal for environmentally conscious consumers.
Market Analysis
Based on product, the market is segmented into hair care, skin and sun care, makeup and colour cosmetics, and fragrances and deodorants, among others. On the basis of gender, the market is divided into men and women. By price range, the market is categorised into mass, mid-premium, and premium. On the basis of distribution channel, the market is segmented into supermarkets and hypermarkets, speciality stores, and online, among others.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Uruguay cosmetics market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- L'Oréal S.A.
- Laboratories De Cosméticos Vogue SAS
- Revlon Inc.
- The Estée Lauder Companies Inc.
- Johnson & Johnson Consumer Inc.
- Unilever PLC
- Avon Products Inc.
- Beiersdorf AG
- Quimica Silex
- Others
Market Share by Product
The skin and sun care segment accounted for a large share in the Uruguay cosmetics market owing to the availability of lotions, powders, and creams in wide varieties. The demand for sunscreen is rising rapidly as they help reduce the signs of ageing and also limit the appearance of sunspots. Moreover, the ability of sun care products to reduce the risk of skin cancer and avoid broken blood vessels is further attracting several consumers towards the product. Skin care products reduce visible pores and under eye circles giving the consumer a young and fresh look.
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Market Share by Distribution Channel
The supermarkets and hypermarkets segment held a large market share and is expected to continue to grow during the forecast period. They are popular in the country owing to the availability of a wide range of products necessary for everyday usage. The flexible timings of the hypermarkets and supermarkets make the shopping experience convenient for the consumers. Increasing availability of cosmetic on various online retail stores and e-commerce platforms is further boosting the purchase of cosmetics due to added convenient and propelling the Uruguay cosmetics market growth.
Competitive Landscape
Revlon Inc. was founded in 1932 and is headquartered in New York, United States. It is a personal care company that manufactures, distributes, and sells beauty care products including cosmetics, men’s grooming products, and fragrances, among others.
Unilever PLC is a multinational personal care products company that was founded in 1929. It is headquartered in London, United Kingdom and is known for providing products such as food condiments, baby food, ice cream, and bottled water, among other consumer goods.
Avon Products Inc. was established in 1886 and has its headquarters located in London, United Kingdom. The cosmetics company manufactures and markets skin care, cosmetics and fragrance, among other personal care goods directly to the end users.
Other players in the Uruguay cosmetics market include L'Oréal S.A., Laboratories De Cosméticos Vogue SAS, The Estée Lauder Companies Inc., Johnson & Johnson Consumer Inc., Beiersdorf AG, and Quimica Silex, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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 Product |
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| Breakup by Gender |
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| Breakup by Price Range |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier 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 Uruguay Cosmetics Market Overview
8.1 Key Industry Highlights
8.2 Uruguay Cosmetics Historical Market (2018-2022)
8.3 Uruguay Cosmetics Market Forecast (2023-2028)
9 Uruguay Cosmetics Market by Product
9.1 Hair Care
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Skin and Sun Care
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3 Makeup and Color Cosmetics
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.4 Fragrances and Deodorants
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.5 Others
10 Uruguay Cosmetics Market by Gender
10.1 Men
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Women
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
11 Uruguay Cosmetics Market by Price Range
11.1 Mass
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Mid-Premium
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 Premium
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
12 Uruguay Cosmetics Market by Distribution Channel
12.1 Supermarkets and Hypermarkets
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Speciality Stores
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Online
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyers Powers
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 L'Oréal S.A.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Laboratorios De Cosméticos Vogue SAS
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Revlon Inc.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 The Estée Lauder Companies Inc.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Johnson & Johnson Consumer Inc.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Unilever PLC
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Avon Products Inc.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Beiersdorf AG
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Quimica Silex
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Uruguay Cosmetics Market: Key Industry Highlights, 2018 and 2028
2. Uruguay Cosmetics Historical Market: Breakup by Product (USD Million), 2018-2022
3. Uruguay Cosmetics Market Forecast: Breakup by Product (USD Million), 2023-2028
4. Uruguay Cosmetics Historical Market: Breakup by Gender (USD Million), 2018-2022
5. Uruguay Cosmetics Market Forecast: Breakup by Gender (USD Million), 2023-2028
6. Uruguay Cosmetics Historical Market: Breakup by Price Range (USD Million), 2018-2022
7. Uruguay Cosmetics Market Forecast: Breakup by Price Range (USD Million), 2023-2028
8. Uruguay Cosmetics Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
9. Uruguay Cosmetics Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
10. Major Exporting Countries by Value
11. Major Importing Countries by Value
12. Major Exporting Countries by Volume
13. Major Importing Countries by Volume
14. Uruguay Cosmetics Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 103.9 million in 2022.
The market is projected to grow at a CAGR of 4.70% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 136.4 million by 2028.
The key drivers of the market are development of specialised products and incorporation of sustainable raw materials and technologies by the key market players.
The key trends of the market include growing emphasis on personal grooming and increasing demand for cosmetics with sustainable packaging due to rising environmental concerns.
The various products available in the market are hair care, skin and sun care, makeup and colour cosmetics, and fragrances and deodorants, among others.
The major distribution channels in the market are supermarkets and hypermarkets, speciality stores, and online, among others.
The key players in the Uruguay cosmetics market are L'Oréal S.A., Laboratories De Cosméticos Vogue SAS, Revlon Inc., The Estée Lauder Companies Inc., Johnson & Johnson Consumer Inc., Unilever PLC, Avon Products Inc., Beiersdorf AG, and Quimica Silex, among others.
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