The forecast for the import of beauty, make-up, and skin care preparations to Brazil shows a consistent upward trend from 2024 to 2028. The values are projected to rise steadily from approximately 219.68 million USD in 2024 to 240.77 million USD in 2028. When analyzing year-on-year variation, there's a gradual increase with percentage growths of around 2.5% to 3.0% each year. Given that this is forecast data, these figures suggest a stable and moderate growth trajectory.
To provide contextual analysis, considering the values in 2023, the industry has been maintaining a healthy growth rate, evidenced by the projected five-year Compound Annual Growth Rate (CAGR) which is indicative of a sustainable market expansion.
Future trends to watch for include:
- Rising demand for organic and natural products which could influence import patterns.
- Impact of economic policies and regulatory changes in Brazil affecting import duties and consumer prices.
- Technological advancements in beauty products leading to shifts in consumer preferences.