Market Insights Consumer Beauty & Personal Care Skin Care

Body - South America

South America

In South America, the Body market recorded a revenue of US$2.00bn in 2024.
Analysts project an annual growth rate of 4.14% (CAGR 2024-2029) for this market segment.
When compared globally, in China leads with a revenue of US$4,339m in 2024.
In terms of per capita income, the revenue generated per person in 2024 amounted to US$4.84.
In South America, the body care market is experiencing a surge in demand for natural and organic products.

Key regions: South Korea, India, Canada, Singapore, United States

Market

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Methodology

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.