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Report Overview

The Latin America hair care market reached around USD 8.13 Billion in 2024. The market is projected to grow at a CAGR of 6.30% between 2025 and 2034 to reach nearly USD 14.98 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • Skala Cosméticos ranks as the fourth largest hair care brand in Brazil and is found in 45% of households across the country.
  • The e-commerce market in Latin America is expected to grow by 25% in volume by 2027, especially in the thriving areas of Argentina, Brazil, Chile, Colombia, Mexico, and Peru.
  • Brazil ranks as the fourth largest market for hair care products, following the United States, China, and Japan.

Compound Annual Growth Rate

Value in USD Billion

6.3%

2025-2034


Latin America Hair Care Market Outlook

*this image is indicative*

Latin America Hair Care Market Report Summary Description Value
Base Year USD Billion 2024
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 8.13
Market Size 2034 USD Billion 14.98
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 6.30%
CAGR 2025-2034 - Market by Country Mexico 6.8%
CAGR 2025-2034 - Market by Product Hair Colour 7.2%
CAGR 2025-2034 - Market by Distribution Channel E-Commerce 13.1%
2024 Market Share by Country Argentina 10.1%

Latin America Hair Care Market Growth

The total number of transactions within Latin America experienced a remarkable increase of 3.1 times from 2019 to 2023, rising from $117 million to $364 million. The Latin American market is home to over 300 million digital consumers, a number expected to grow by more than 20% by 2027. Furthermore, Brazil and Mexico are anticipated to lead the Latin American e-commerce sector, with projected compound annual growth rates of 77.2% and 68.2%, respectively, by 2027.

E-commerce platforms have facilitated consumer access to a diverse range of hair care products, including niche and international brands, that may not be found in local retail outlets. This increased accessibility has empowered consumers to discover and purchase products that cater specifically to their individual hair care requirements. Additionally, online shopping provides the convenience of acquiring hair care products from the comfort of one's home at any time.

The increasing popularity of vegan and natural hair care products is propelling the market growth in Latin America, as consumers increasingly gravitate towards healthier, more sustainable, and ethical lifestyles. The area is home to a vibrant and diverse array of vegan hair care brands that cater to a wide range of hair types and textures. The wide range of vegan hair care products includes different products, including Honey Baby Naturals, Rizos Curls, Ceremonia, and Rëzo Hair Care, among others.

Key Trends and Development

Latin America Hair Care Market Trends

The demand for products that are free from harmful chemicals, such as sulphates, parabens, and artificial fragrances, is on the rise. Consumers are becoming more educated about the potential health risks associated with these substances and are opting for formulations that are gentle on both their hair and scalp, as well as on the environment. This trend is indicative of a larger movement towards holistic wellness, where individuals are not only concerned about the appearance of their hair but also about the overall impact of their beauty routines on their health and the planet.

Latin America Hair Care Industry Segmentation

Latin America Hair Care Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

  • Shampoo
  • Conditioner
  • Hair Colour
  • Hair Styling Products
  • Others

Market Breakup by Distribution Channel

  • Hypermarket and Supermarket
  • Convenience Stores
  • Speciality Stores
  • E-Commerce
  • Others

Market Breakup by Country

  • Brazil
  • Mexico
  • Argentina
  • Others

CAGR 2025-2034 - Market by Country
Mexico 6.8%
Brazil XX%
Argentina XX%
Others XX%

Latin America Hair Care Market Share

Based on country, the market is segmented into Mexico, Brazil, and Argentina, among others. Mexico is projected to grow at a CAGR of 6.8% during the forecast period of 2025-2034 amid the growing fashion consciousness in the country.

Leading Companies in the Latin America Hair Care Market

Major players are focusing on the production of organic and nature-based hair care products to gain a competitive edge in the market.

  • Loreal S.A.
  • Procter & Gamble Company
  • Henkel AG & Co. KGaA
  • Natura&Co
  • Johnson & Johnson Services Inc.
  • Unilever Plc.
  • Kao Corp.
  • Beiersdorf AG
  • Moroccanoil
  • Estee Lauder Companies Inc.
  • Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market attained a value of nearly USD 8.13 Billion.

The market is assessed to grow at a CAGR of 6.30% between 2025 and 2034.

The market is estimated to reach around USD 14.98 Billion by 2034.

The market is being driven by the rising disposable income and growth of the e-commerce sector in the region.

The key trends aiding the market expansion include the growth of the men’s grooming sector and the rising production of natural hair care products.

The major countries considered in the market are Brazil, Mexico, and Argentina, among others.

The different products in the market are shampoo, conditioner, hair colour, and hair styling products, among others.

The major players in the market are Loreal S.A., Procter & Gamble Company, Henkel AG & Co. KGaA, Natura&Co, Johnson & Johnson Services Inc., Unilever Plc., Kao Corp., Beiersdorf AG, Moroccanoil, and Estee Lauder Companies Inc., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Distribution Channel
  • Region

Breakup by Product

  • Shampoo
  • Conditioner
  • Hair Colour
  • Hair Styling Products
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online
  • Others
Breakup by Region
  • Brazil
  • Mexico
  • Argentina
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Loreal S.A.
  • Procter & Gamble Company
  • Henkel AG & Co. KGaA
  • Natura&Co
  • Johnson & Johnson Services Inc.
  • Unilever Plc
  • Kao Corp.
  • Beiersdorf AG
  • Moroccanoil
  • Estee Lauder Companies Inc.
  • Others

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