Colombia Cosmetics Market Size Analysis - Market Share, Forecast Trends and Outlook Report (2025-2034)

Colombia Cosmetics Market Outlook

The Colombia cosmetics market size reached approximately USD 253.7 million in 2024. The market is projected to grow at a CAGR of 4.2% between 2025 and 2034, reaching a value of around USD 369.9 million by 2034.

Key Takeaways

• In 2022, Colombia became the 48th largest importer of beauty products globally, with imports totalling $185M. Beauty products also ranked as the 85th most imported product in Colombia in the same year.

• Colombia primarily sources its imports of beauty products from the US, Spain, France, China, and Brazil.

• In 2022, perfume, which is an essential segment within the cosmetics market, ranked as the 272nd highest imported commodity in Colombia.

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.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

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

Key Highlights of the Report