Beauty & Personal Care - Uruguay

Uruguay

In 2024, the revenue in the Beauty & Personal Care market in Uruguay amounts to US$546.10m.
It is projected that the market will experience an annual growth rate of 3.45% (CAGR 2024-2029).
Among the various segments in the market, the largest segment is Personal Care, which has a market volume of US$247.10m in 2024.
When compared globally, in the United States generates the highest revenue in the Beauty & Personal Care market, with a total revenue of US$100bn in 2024.
In terms of per person revenues, in Uruguay generates US$159.50 in 2024.
Looking ahead to 2024, it is estimated that 28.3% of the total revenue in the Beauty & Personal Care market will be generated through online sales.
Uruguay's growing demand for organic and sustainable beauty products reflects the country's commitment to environmental consciousness and ethical consumerism.

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.