Cosmetics Market in Brazil to Grow by USD 5.5 Billion (2025-2029), Boosted by Rising Sales Through E-Commerce Channels with Market Evolution Powered by AI - Technavio

NEW YORK, Jan. 31, 2025 /PRNewswire/ -- Report on how AI is driving market transformation - The Cosmetics market in Brazil size is estimated to grow by USD 5.5 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  7.2%  during the forecast period. Rise in sales of cosmetics through e-commerce channels is driving market growth, with a trend towards surging adoption of multichannel marketing. However, availability of counterfeit brands  poses a challenge. Key market players include Agreste Cosmetica Brasil Ltda., Amyris Inc., Avon Products Inc., Beiersdorf AG, Beleza na Web, Chanel Ltd., Coty Inc., Grupo Boticario, Henkel AG and Co. KGaA, Johnson and Johnson Inc., Kao Corp., LOccitane Groupe SA, LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Natura and Co Holding SA, PUIG S.L., Shiseido Co. Ltd., The Estee Lauder Companies, The Procter and Gamble Co., and Unilever PLC.

Technavio has announced its latest market research report titled Cosmetics Market in Brazil 2025-2029
Technavio has announced its latest market research report titled Cosmetics Market in Brazil 2025-2029

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Cosmetics Market In Brazil Scope

Report Coverage

Details

Base year

2024

Historic period

2019 - 2022

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 7.2%

Market growth 2025-2029

USD 5.5 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.8

Regional analysis

Brazil

Performing market contribution

South America at 100%

Key countries

Brazil and South America

Key companies profiled

Agreste Cosmetica Brasil Ltda., Amyris Inc., Avon Products Inc., Beiersdorf AG, Beleza na Web, Chanel Ltd., Coty Inc., Grupo Boticario, Henkel AG and Co. KGaA, Johnson and Johnson Inc., Kao Corp., LOccitane Groupe SA, LOreal SA, LVMH Moet Hennessy Louis Vuitton SE, Natura and Co Holding SA, PUIG S.L., Shiseido Co. Ltd., The Estee Lauder Companies, The Procter and Gamble Co., and Unilever PLC

Market Driver

The Brazilian cosmetics market is thriving, with social media platforms playing a significant role in product promotions. Working women's participation is increasing, driving demand for convenient, on-the-go cosmetics. Product branding and advertising strategies focus on natural ingredients like green tea, rice, aloe vera, and botanical extracts. Skin care, hair care, lip care, and anti-aging products dominate the scene. International companies dominate the market, but niche firms and private label brands also gain ground. Formulations prioritize sustainability and ethical issues, with eco-friendly products and ingredient sourcing policies. Consumer reports help buyers navigate adverse side effects of synthetic chemicals and counterfeit products. Technology improvements include personalization, digitalization, and artificial intelligence in skincare systems. The retail scene is shifting to online sales, with e-commerce channels offering a wider range of international products at affordable prices. Offline sales remain strong, especially for sun care products and refreshing fragrances. Regulatory requirements ensure safety and quality, while sustainability policies address environmental concerns. The cosmetics industry caters to the younger and older populations, offering a wide range of makeup products, hair colors, and skincare systems to enhance personal appearance and wellbeing.