Market Insights Consumer Beauty & Personal Care Personal Care

Shaving - Chile

Chile

In Chile, the revenue generated in the Shaving market is estimated to reach US$190.60m in 2024.
This market segment is projected to experience an annual growth rate of 3.87% (CAGR 2024-2029).
When compared globally, it is important to note that in China leads in terms of revenue generation, reaching a staggering US$6,378m in 2024.
In Chile, considering the total population figures, the per person revenues in the Shaving market are expected to amount to US$9.69 in 2024.
In Chile, the demand for eco-friendly shaving products is on the rise as consumers prioritize sustainability and natural ingredients in their grooming routines.

Key regions: Canada, Indonesia, United States, United Kingdom, Singapore

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Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.