Mexico Body Care (Skincare) Market Size, Growth and Forecast Analytics, 2023-2028

Mexico Body Care (Skincare) Market Size, Growth and Forecast Analytics, 2023-2028 is a broad level market review of Body Care market in Mexico.

Body care - both widely distributed and "prestige" (e.g. Lancome, Estee Lauder etc) body creams, lotions and milks. Includes firming/anti-cellulite and general purpose body care preparations. Examples include Caress Shimmering Body Lotion (US), L'Oreal Body Expertise Nutrisoft 24H Body Milk (Austria), Nivea Body Whitening Body Lotion (Indonesia).

Body Care market in Mexico registered a positive compound annual growth rate (CAGR) of 5.02% during the period 2018 to 2023 with a sales value of MXN 17.08 billion in 2023, an increase of 11.07% over 2022. The market achieved its strongest performance in 2023, when it grew by 11.07% over its previous year and its weakest performance in 2020, when it fell by -0.87% over 2019. The fastest growing segment of the Body Care market in Mexico between the year 2018 and 2023 was General Purpose Body Care which registered a CAGR of 5.04%. The weakest performing segment of the market was Firming Body Care with a CAGR of 4.61%. In 2023 General Purpose Body Care segment in Mexico Body Care market accounted for a major share of 94.68%, while Firming Body Care stood in second position representing 5.32% of the market's 2023 share.

The research handbook provides up-to-date market size data for period 2018-2023 and illustrative forecast to 2028, covering key market aspects like Sales Value and Volume for Body Care and its variants Firming Body Care & General Purpose Body Care.

Furthermore, the research handbook details out Sales Value and Volume for top brands for the year 2020 to 2023 and overall market sales by Distribution Channel (Dollar Stores, Variety Store & General Merchandise Retailers, Cash & Carries and Warehouse Clubs, Convenience Stores & Gas Stations, Department Stores, Drug Stores & Pharmacies, Chemists/Pharmacies, Parapharmacies/Drugstores, eRetailers, Food & Drinks Specialists, Health & Beauty Stores, Hypermarkets & Supermarkets, Direct Sellers, Others, On Trade, Vending Machines, Other Specialist Retailers, Tobacco Specialists) where ever applicable.

Due to on going large scale uncertainties in the market the research handbook acts as an essential tool for companies active or planning to venture in to Mexico's Body Care (Skincare) market. The comprehensive statistics within the research handbook provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.

Sales Values in the handbook are depicted in USD ($) and local currency of country and Volumes are represented in M Units.

*Note: Certain content / sections in the research handbook may be removed or altered based on the availability and relevance of data.

Scope

• Overall Body Care (Skincare) market value and volume analytics with growth analysis from 2018 to 2028.
• Value and Volume terms for the top brands.
• Distribution channel sales analytics from 2020-2023.

Reasons to Buy

• Get access to authoritative and granular data on the Body Care (Skincare) market and fill in the gaps in understanding of trends and the components of change behind them.
• Enhance your understanding of the market to update your strategic and tactical plans based on volume and value changes, brand dynamics and distribution trends.
• Analyze the components of change in the market by looking at historic and future growth patterns.
• Use the data to understand future patterns of the market trends from winners and losers to category dynamics and thereby quickly and easily identify the key areas in which you want to compete in the future.