Beauty & Personal Care - Costa Rica

Costa Rica

In 2024, Costa Rica's Beauty & Personal Care market is projected to generate a revenue of US$579.20m.
This market is expected to exhibit an annual growth rate of 4.29% (CAGR 2024-2029).
Among the market segments, the largest one is Personal Care, with a market volume of US$263.60m in 2024.
When compared globally, in the United States leads in terms of revenue generation, with a total of US$100bn in 2024.
In relation to the country's population, each person in Costa Rica is estimated to contribute US$110.40 in revenue in 2024.
Furthermore, online sales are projected to account for 26.4% of the total revenue in the Beauty & Personal Care market by 2024.
Costa Rica's beauty and personal care market is thriving, with a growing demand for natural and organic products.

Key regions: United States, Worldwide, India, Indonesia, Canada

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Analyst Opinion

The Beauty & Personal Care market is thriving and one of the fastest growing consumer markets, driven in particular by the Cosmetics and Skin Care segments. The main reason for this strong growth is the generational shift with young consumers entering the market. At the same time, this change is reinforced by social media, internationality, and eCommerce, which have a lasting effect on buying behavior when it comes to beauty products. Trends from all over the world are spreading and changing the daily beauty and care routine.