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Colombia Cosmetics Market Report and Forecast 2025-2034

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    Report

  • 102 Pages
  • May 2025
  • Region: Colombia
  • Expert Market Research
  • ID: 6095822
The Colombia cosmetics market size reached approximately USD 253.70 Million in 2024. The market is projected to grow at a CAGR of 4.20% between 2025 and 2034, reaching a value of around USD 382.82 Million by 2034.

The Colombia cosmetics market growth is driven by the rising demand for organic and nature-based cosmetics. Additionally, the integration of advanced technology in the cosmetics sector also drives the market upwards. Moreover, the higher disposable income is encouraging consumers to spend more on premium skincare items, driving the market forward. Leading companies are leveraging cutting-edge technologies like artificial intelligence and the Internet of Things to create innovative skin care products, reshaping the market. Moreover, the increasing trend of social media influencers and celebrities partnering with cosmetics brands is fuelling continuous expansion in the sector.

As per the Colombia cosmetics market analysis, the market is experiencing a positive impact due to the increasing trend of people following skin care routines and demanding natural products that are gentle on their skin. Leading cosmetics manufacturers in the country are actively focusing on producing eco-friendly skincare and beauty products for consumers. Zen Naturals, a small natural skincare company located in Cali, Colombia, specialises in developing beauty products using naturally-active ingredients obtained from the nearby Department of Cauca. Through ethical manufacturing practices and fair-trade initiatives, Zen Naturals has made significant investments in the Paez indigenous communities that grow ingredients like the quinoa used in their products.

Moreover, companies within the cosmetics sector are integrating advanced and environmentally friendly packaging solutions to appeal to consumers who prioritise sustainability. This shift towards sustainable packaging not only aligns with consumer values but also helps companies reduce their carbon footprint and overall environmental impact. By using materials such as recycled plastics, biodegradable packaging, and refillable containers, cosmetic companies are not only meeting consumer expectations but also promoting circular economy.

Market Segmentation

Colombia Cosmetics Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Category:

  • Hair Care
  • Skin and Sun Care
  • Makeup and Colour Cosmetics
  • Fragrances and Deodorants
  • Others

Market Breakup by Gender:

  • Men
  • Women
  • Unisex

Market Breakup by Price Range:

  • Mass
  • Premium

Market Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Pharmacy and Drug Stores
  • Speciality Stores
  • Online
  • Others

Competitive Landscape

The market participants are prioritising the development of organic, vegan, and cruelty-free cosmetics to appeal to environmentally conscious consumers.

  • CHANEL SA
  • L'Oréal S.A.
  • Shiseido Co. Ltd.
  • Estee Lauder Companies Inc.
  • Procter & Gamble Company
  • Unilever Plc
  • Natura &Co.
  • Oriflame Cosmetics SA
  • CETCO S.A. (Belcorp)
  • O Boticário LLC
  • Others

Table of Contents

1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Latin America Cosmetics Market Overview
5.1 Key Industry Highlights
5.2 Latin America Cosmetics Historical Market (2018-2024)
5.3 Latin America Cosmetics Market Forecast (2025-2034)
5.4 Latin America Cosmetics Market Share by Country
5.4.1 Brazil
5.4.2 Mexico
5.4.3 Argentina
5.4.4 Colombia
5.4.5 Others
6 Colombia Cosmetics Market Overview
6.1 Key Industry Highlights
6.2 Colombia Cosmetics Historical Market (2018-2024)
6.3 Colombia Cosmetics Market Forecast (2025-2034)
7 Colombia Cosmetics Market by Category
7.1 Hair Care
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Skin and Sun Care
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Makeup and Colour Cosmetics
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Fragrances and Deodorants
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Colombia Cosmetics Market by Gender
8.1 Men
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Women
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Unisex
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
9 Colombia Cosmetics Market by Price Range
9.1 Mass
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Premium
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Colombia Cosmetics Market by Distribution Channel
10.1 Supermarkets and Hypermarkets
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Convenience Stores
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Pharmacy and Drug Stores
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Speciality Stores
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Online
10.5.1 Historical Trend (2018-2024)
10.5.2 Forecast Trend (2025-2034)
10.6 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Powers
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Trade Data Analysis (HS Code - 334)
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Competitive Landscape
13.1 Supplier Selection
13.2 Key Global Players
13.3 Key Regional Players
13.4 Key Player Strategies
13.5 Company Profiles
13.5.1 CHANEL S.A.
13.5.1.1 Company Overview
13.5.1.2 Product Portfolio
13.5.1.3 Demographic Reach and Achievements
13.5.1.4 Certifications
13.5.2 L’Oréal S.A.
13.5.2.1 Company Overview
13.5.2.2 Product Portfolio
13.5.2.3 Demographic Reach and Achievements
13.5.2.4 Certifications
13.5.3 Shiseido Co. Ltd.
13.5.3.1 Company Overview
13.5.3.2 Product Portfolio
13.5.3.3 Demographic Reach and Achievements
13.5.3.4 Certifications
13.5.4 Estee Lauder Companies Inc.
13.5.4.1 Company Overview
13.5.4.2 Product Portfolio
13.5.4.3 Demographic Reach and Achievements
13.5.4.4 Certifications
13.5.5 Procter & Gamble Company
13.5.5.1 Company Overview
13.5.5.2 Product Portfolio
13.5.5.3 Demographic Reach and Achievements
13.5.5.4 Certifications
13.5.6 Unilever Plc
13.5.6.1 Company Overview
13.5.6.2 Product Portfolio
13.5.6.3 Demographic Reach and Achievements
13.5.6.4 Certifications
13.5.7 Natura &Co.
13.5.7.1 Company Overview
13.5.7.2 Product Portfolio
13.5.7.3 Demographic Reach and Achievements
13.5.7.4 Certifications
13.5.8 Oriflame Cosmetics S.A.
13.5.8.1 Company Overview
13.5.8.2 Product Portfolio
13.5.8.3 Demographic Reach and Achievements
13.5.8.4 Certifications
13.5.9 CETCO S.A.
13.5.9.1 Company Overview
13.5.9.2 Product Portfolio
13.5.9.3 Demographic Reach and Achievements
13.5.9.4 Certifications
13.5.10 O Boticário LLC
13.5.10.1 Company Overview
13.5.10.2 Product Portfolio
13.5.10.3 Demographic Reach and Achievements
13.5.10.4 Certifications
13.5.11 Others

Companies Mentioned

  • CHANEL S.A.
  • L’Oréal S.A.
  • Shiseido Co. Ltd.
  • Estee Lauder Companies Inc.
  • Procter & Gamble Company
  • Unilever Plc
  • Natura &Co.
  • Oriflame Cosmetics S.A.
  • CETCO S.A.
  • O Boticário LLC