Mexico Skincare Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
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The Mexico skincare market size was valued at $1.6 billion in the year 2021. The market is expected to grow at a CAGR of more than 4% during the forecast period. The Mexico skincare market report provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.
Mexico skincare market overview
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Which are the key cities in the skincare market in Mexico?
The key cities in the skincare market in Mexico are Mexico City, Monterrey, Guadalajara, Puebla, Toluca, Tijuana, Leon, Merida, Juarez, and Queretaro. Body care was the leading category in volume terms across the top 10 cities in the Mexican skincare sector in 2021. Mexico City recorded the highest consumption of body care, followed by Monterrey and Guadalajara.
Mexico skincare market, by key cities
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What are the key categories in the skincare market in Mexico?
The key categories in the skincare market in Mexico are body care, depilatories, facial care, hand care and make-up remover. Body care category led the Mexican skincare sector in terms of per capita consumption in 2021, followed by facial care and hand care respectively. Furthermore, per capita consumption of hand care, depilatories, and make-up remover was higher in Mexico than on both the global and regional averages. Moreover, per capita consumption of body care in Mexico was higher than the global average but lower when compared to the regional average in the same year. However, per capita consumption of facial care in Mexico was lower in Mexico than on both the global and regional averages.
Mexico skincare market, by categories
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What are the key packaging materials in the skincare market in Mexico?
The key packaging materials in the skincare market in Mexico are rigid plastics, flexible packaging, glass, paper & board, and rigid metal. Rigid plastics accounted for the highest share in the skincare market in Mexico.
Mexico skincare market, by packaging materials
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What are the key distribution channels in the skincare market in Mexico?
The key distribution channels in the skincare market in Mexico include hypermarkets & supermarkets, department stores, chemists/pharmacies, convenience stores, and direct sellers. Hypermarkets & supermarkets was the leading distribution channel in the Mexican skincare sector.
Mexico skincare market, by distribution channels
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Which are the key competitors in the skincare market in Mexico?
The key competitors in the skincare market in Mexico are Natura &Co, Unilever, Mary Kay Inc., Beiersdorf Ag, Vorwerk & Co. KG, Johnson & Johnson Services Inc, Oriflame Cosmetics S.A., L’Oreal S.A., GlaxoSmithKline, Belcorp Corporation, Tupperware Brands Corp, and Genomma Lab Internacional SAB de CV.
Mexico skincare market, by key competitors
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Market report scope
| Market size 2021 | $1.6 billion |
| CAGR | >4% |
| Forecast period | 2021-2026 |
| Key categories | Body Care, Depilatories, Facial Care, Hand Care and Make-Up Remover |
| Key packaging materials | Rigid Plastics, Flexible Packaging, Glass, Paper & Board, and Rigid Metal |
| Key distribution channels | Hypermarkets & Supermarkets, Department Stores, Convenience Stores, Chemists/Pharmacies, and Direct Sellers |
| Key competitors | Natura &Co, Unilever, Mary Kay Inc., Beiersdorf Ag, Vorwerk & Co. KG, Johnson & Johnson Services Inc, Oriflame Cosmetics S.A., L’Oreal S.A., GlaxoSmithKline, Belcorp Corporation, Tupperware Brands Corp, and Genomma Lab Internacional SAB de CV |
Scope
- Per capita consumption of skincare was higher in Mexico than the global level in 2021
- The per capita consumption of body care products was higher than other skincare categories in 2021
- Hypermarkets & supermarkets was the leading distribution channel in the Mexican skincare sector
- Private labels are growing at a higher CAGR than brands in the Mexican skincare
- Body care, was the most sold category in volume terms across leading cities in Mexico
- “Kids & babies” represent the largest subset of the skincare sector in Mexico
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.
Unilever
Mary Kay Inc.
Beiersdorf Ag
Vorwerk & Co. KG
Johnson & Johnson Services Inc
Oriflame Cosmetics S.A.
Natura &Co
L'Oreal S.A.
GlaxoSmithKline
Belcorp Corporation
Tupperware Brands Corp
Genomma Lab Internacional SAB de CV
Table of Contents
Table
Figures
Frequently asked questions
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What was the Mexico skincare market size in the year 2021?
The skincare market size in Mexico was valued at $1.6 billion in the year 2021.
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What is the growth rate of the Mexico skincare market?
The skincare market in Mexico is expected to grow at a CAGR of more than 4% during the forecast period.
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Which are the key cities in the Mexico skincare market?
Mexico City, Monterrey, Guadalajara, Puebla, Toluca, Tijuana, Leon, Merida, Juarez, and Queretaro are the key cities in the Mexican skincare market.
-
What are the key categories in the Mexico skincare market?
Body care, depilatories, facial care, hand care and make-up remover are the key categories in the Mexican skincare market.
-
What are the key packaging materials in the Mexico skincare market?
Rigid plastics, flexible packaging, glass, paper & board, and rigid metal are the key packaging materials in the Mexican skincare market.
-
What are the key distribution channels in the Mexico skincare market?
Hypermarkets & supermarkets, department stores, chemists/pharmacies, convenience stores, and direct sellers are the key distribution channels in the Mexican skincare market.
-
Which are the key competitors in the Mexico skincare market?
Natura &Co, Unilever, Mary Kay Inc., Beiersdorf Ag, Vorwerk & Co. KG, Johnson & Johnson Services Inc, Oriflame Cosmetics S.A., L’Oreal S.A., GlaxoSmithKline, Belcorp Corporation, Tupperware Brands Corp, and Genomma Lab Internacional SAB de CV are the key skincare companies in Mexico.
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