BEAUTY AND PERSONAL CARE TAKES A BACK SEAT AS LATIN AMERICAN ECONOMIES STRUGGLE OUT OF RECESSION
May 1st, 2018
THE LATIN American personal care product market, buffeted in recent years by economic and political instability, looks back on track, with trouble-spots such as Venezuela being very much an exception to overall progress.
Data released by market researcher Euromonitor International has said that the region’s beauty and personal care product sales in 2017 topped USD65 billion in 2017, growing by 42.5% between 2012 and last year. Moreover, Euromonitor predicts that the market will reach USD77 billion in 2022. A key growth segment will be perfume sales, which will ...
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