Market Insights Consumer Beauty & Personal Care

Cosmetics - Chile

Chile

In 2024, the revenue in the Cosmetics market in Chile amounts to CLP US$552.90m.
According to projections, the market is expected to grow annually by 9.35% (CAGR 2024-2029).
When compared globally, in the United States generates the highest revenue in the Cosmetics market, reaching US$20,130m in 2024.
In terms of per capita figures, the revenue per person in Chile is estimated to be CLP US$28.13 in 2024.
Additionally, by 2024, approximately 86% of the total sales in the Cosmetics market will be attributed to Non-Luxury.
The cosmetics market in Chile is experiencing a surge in demand for natural and organic products.

Key regions: Malaysia, Singapore, Worldwide, Indonesia, India

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Methodology

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, regression analysis and Monte Carlo simulations are particularly suited for forecasting in the Home and Laundry Care market, due to the unpredictable variability and complex dynamics in consumer behavior and product adoption. The main drivers are GDP and consumer spending.