Key Market Indicators
The Chilean cosmetics market is on the rise. Imports of cosmetics into Chile are predicted to reach over $1 billion by 2026, up from $930 million in 2021, representing a 2.2% year-on-year growth. Since 1995, Chilean demand has increased 3.8% year-on-year. Chile ranked 32nd in 2021, with Romania taking the lead at $930 million. China, Germany and the United Kingdom were ranked second, third and fourth respectively. Meanwhile, exports of cosmetics from Chile are estimated to reach $103 million in 2026, up from $95 million in 2021, representing a 1.3% year-on-year growth. Since 1995, Chilean supply has risen 5% year-on-year. The country ranked 60th in 2021, with Tunisia overtaking with $95 million. The United States, Germany and Ireland were ranked second, third and fourth respectively.