In Central America, nearly 3 million people are looking to purchase a beauty service or product online, and 31% of these consumers explore options for buying makeup and cosmetic items.
The interactive information system developed by CentralAmericaData, monitors in real time the changes in consumer habits in all markets of the region, with fundamental information to understand the new commercial environment that has emerged in an accelerated manner.
In the first nine months of 2019, companies in the region imported $374 million in beauty and personal care items, 5% more than reported for the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption "Click to interact with graphics"]
In the first three months of the year, Central American countries imported $116 million worth of beauty and personal care items, and $52 million were purchased by companies in Guatemala and Costa Rica.
Figures from the information system on the Beauty and Personal Hygiene Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData : [GRAFICA caption = "Click to interact with graph"]
Last year imports of beauty and personal care products in Central America amounted to $489 million, representing a 2% increase with respect to 2016.
Figures from the information system on the Beauty and Personal Hygiene Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
Between January and September 2017, Central American companies imported $362 million worth of beauty and personal care products, and Costa Rica and Guatemala accounted for 44% of purchases.
Figures from the Information System on the Beauty and Personal Care Market in CentralAmerica compiled by the Business Intelligence Unit at CentralAmericaData: [Figure caption = "Click to interact with graph"]
In 2016, Central American countries imported $477 million worth of beauty and personal hygiene articles, and 60% came from Mexico, the United States and Colombia.
Figures from the Information System on the Beauty and Personal Care Market in Central America prepared by the Business Intelligence Unit at CentralAmericaData: [Figure caption = "Click to interact with the graphic"]
In 2016 imports of makeup and skin care products grew by 7% compared to 2015, while imports of shampoo and hair preparations grew by 10% in the same period.
Hand in hand with the growth in Nicaraguan's purchasing power comes an increase in demand for luxury products and services such as haircuts and other specialized treatments in beauty salons or purchase of skin care products.
The cosmetics industry in Latin America is one of the fastest growing in the world, with annual revenues reaching $80 billion.
This information was released by the Council of Associations in the Latin American Cosmetics Industry (Casic) during the nineteenth meeting of its board in Panama, which aims to encourage the cosmetic industry throughout Latin America.
From 2nd to 5th of September the XIX meeting with health and commerce authorities from Central America, the Andean Community, Colombia and Mexico will be held in Panama.
Panama September 2, 2013
The Board of the Council of Associations of Latin American Cosmetics Industry (CASIC), will be holding from 2nd to 5th September in Panama, its nineteenth meeting with health and commerce authorities from Central America, the Andean Community, Colombia and Mexico.