Male grooming products increased by 36% between 2008 and 2013.
From an article by the Costa Rican Foreign Trade Promotion Office (PROCOMER):
Trends in Beauty Market in Mexico.
The market for personal care and cosmetics in Mexico ended 2013 with sales of $10,843,000, which placed it in tenth position in the world below markets such as France, Russia and Italy, according to Euromonitor International.
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.
Over the next few years an increase in Mexican's consumption of body care, facial and makeup products is forecasted.
From an article by the Costa Rican Foreign Trade Promotion Office (PROCOMER):
Over the next few years solid growth is forecast in the cosmetics market in Mexico, which might even exceed the strength of countries such as Brazil. According to the consulting firm Canadean, the growth of this sector in Mexico corresponds to a rapid recovery in consumption after the effects of the international crisis of 2009.
The U.S. and the European Union are the markets where consumers are willing to pay high prices for natural and organic products.
From an article by the Costa Rican Trade Promotion Office (PROCOMER):
Skin care products have the most growth within the category of cosmetics, and it is projected that there will continue to be a high level of dynamism due to advances in research and development.
The vegetarian trend has become more radical in the UK, where there is a demand for cosmetics produced free of any animal inputs.
From an article by the Costa Rican Trade Promotion Office (PROCOMER):
In the UK, hand in hand with the lifestyle trend of vegetarianism and veganism, there has been a growth in the demand for cosmetics which do not contain animal inputs, with some products satisfying this criteria already existing already in the market.
In 2013 the Commission of Guatemala Cosmetics is counting on growth in markets such as Panama, Mexico and the Dominican Republic.
From an article published by the Guatemalan Association of Exporters (Agexport):
A year after the creation of the Commission of Cosmetics Exporters associated with AGEXPORT, the group has presented an overview of its achievements in 2012, and has an aggressive plan for 2013, in order to surpass the U.S.
The more aware consumers are becoming of the benefits of organic cosmetics, the more sought after they become and because of this boost in demand robust growth is expected over the next few years.
From a press release by Procomer:
The United States is currently the market leader for organic cosmetics, and their expectation is that between 2010 and 2015 it will reach $1.7 billion, making it the ideal market for providers of such products.