The forecasted export of beauty, make-up, and skin care preparations from Brazil shows a consistent upward trend. In 2023, the actual export value stood at approximately $107 million. The year-on-year variation from 2023 to 2024 is 3.69%, from 2024 to 2025 is 2.83%, from 2025 to 2026 is 2.70%, from 2026 to 2027 is 2.57%, and from 2027 to 2028 is 2.46%. Over the five-year forecast period, the compound annual growth rate (CAGR) averages at 2.85%.
Future trends to watch for:
- Emerging markets and increasing middle-class populations in developing countries could boost demand.
- Eco-friendly and organic products are expected to gain popularity, potentially impacting export volumes and values.
- Technological advancements in skincare formulations may spark interest and drive growth.
