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Premium Beauty and Personal Care in Dominican Republic

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    Report

  • 21 Pages
  • April 2024
  • Region: Dominica, Dominican Republic
  • Euromonitor International
  • ID: 4538311
In 2023, the Dominican economy showed moderate growth although GDP remains lower than before the pandemic. This low growth in the economy, combined with a period of higher living costs, led consumers to prioritise their purchases. In beauty and personal care, this was reflected in more rational purchases of products such as fragrances or skin care, with premium products growing at lower rates than mass products in 2023.

The Premium Beauty and Personal Care in Dominican Republic report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Premium Adult Sun Care, Premium Baby and Child-specific Products, Premium Bath and Shower, Premium Colour Cosmetics, Premium Deodorants, Premium Fragrances, Premium Hair Care, Premium Skin Care.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Premium Beauty and Personal Care market
  • Pinpoint growth sectors and identify factors driving change
  • Understand the competitive environment, the market’s major players and leading brands
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2023 DEVELOPMENTS
  • Premiumisation slows down as consumers face financial constraints
  • Tourism recovery favours demand for certain beauty and personal care products
  • L'Oréal Groupe leads the premium segment supported by ongoing innovation
PROSPECTS AND OPPORTUNITIES
  • Premium products to witness sustained growth as the Dominican economy stabilises
  • Premium brands aim to help support emotional wellbeing
  • Promoting virtual socialisation is an increasingly common strategy to validate the effectiveness of products
CATEGORY DATA
  • Table 1 Sales of Premium Beauty and Personal Care by Category: Value 2018-2023
  • Table 2 Sales of Premium Beauty and Personal Care by Category: % Value Growth 2018-2023
  • Table 3 NBO Company Shares of Premium Beauty and Personal Care: % Value 2019-2023
  • Table 4 LBN Brand Shares of Premium Beauty and Personal Care: % Value 2020-2023
  • Table 5 Forecast Sales of Premium Beauty and Personal Care by Category: Value 2023-2028
  • Table 6 Forecast Sales of Premium Beauty and Personal Care by Category: % Value Growth 2023-2028
BEAUTY AND PERSONAL CARE IN DOMINICAN REPUBLIC
EXECUTIVE SUMMARY
  • Beauty and personal care in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • What next for beauty and personal care?
MARKET DATA
  • Table 7 Sales of Beauty and Personal Care by Category: Value 2018-2023
  • Table 8 Sales of Beauty and Personal Care by Category: % Value Growth 2018-2023
  • Table 9 GBO Company Shares of Beauty and Personal Care: % Value 2019-2023
  • Table 10 NBO Company Shares of Beauty and Personal Care: % Value 2019-2023
  • Table 11 LBN Brand Shares of Beauty and Personal Care: % Value 2020-2023
  • Table 12 Penetration of Private Label in Beauty and Personal Care by Category: % Value 2018-2023
  • Table 13 Distribution of Beauty and Personal Care by Format: % Value 2018-2023
  • Table 14 Distribution of Beauty and Personal Care by Format and Category: % Value 2023
  • Table 15 Forecast Sales of Beauty and Personal Care by Category: Value 2023-2028
  • Table 16 Forecast Sales of Beauty and Personal Care by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources