Beauty and personal care in 2024: The big picture
Beauty and personal care in Colombia registered robust current value growth in 2024. Colour cosmetics continued to drive overall industry growth, achieving the fastest increase in value sales despite the challenging economic environment impacted by years of accumulated inflation hampering disposable incomes. Generally, consumers view beauty and personal care as an “affordable indulgence," bolstered by aggressive marketing and promotional efforts from brands, new product development and significant discounting. Colombian consumers have become more discerning and strategic, with promotions playing a crucial role in driving volume growth.
2024 key trends
The trend of skinification gained momentum across a broader range of beauty and personal care categories, with products increasingly featuring ingredient-driven formulations that offer hybrid benefits, blurring the lines within segments. Local consumers view these as cost-saving investments.
Competitive landscape
In a highly fragmented competitive landscape, Belstar SA overtook multinational Colgate-Palmolive & Cia to lead the field in 2024, albeit with only marginal share.
Retail developments
Direct selling was the leading distribution channel for beauty and personal care products in Colombia in 2024, thanks to affordable products entering the channel via the Novaventa catalogue, which have expanded the channel’s consumer base.
What next for beauty and personal care?
Inflationary pressures are expected to ease over the forecast period, contributing to stabilising unit prices and strengthening consumer spending power. Beauty and personal care is anticipated to continue enjoying current value growth throughout the forecast period. Mature categories such as skin care have limited potential for further volume growth, with current value growth resulting from rising prices and premiumisation trends.
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Overview:
Understand the latest market trends and future growth opportunities for the Beauty and Personal Care industry in Colombia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Baby and Child-Specific Products
- Bath and Shower
- Colour Cosmetics
- Deodorants
- Depilatories
- Fragrances
- Hair Care
- Men's Grooming
- Oral Care
- Skin Care
- Sun Care
- Premium Beauty and Personal Care
- Mass Beauty and Personal Care
If you're in the Beauty and Personal Care industry in Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Beauty and Personal Care in Colombia report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Beauty and Personal Care in Colombia?
- Which are the leading brands in Colombia?
- How are products distributed in Colombia?
- To what extent is e-commerce changing the retail environment and consumer demand?
- How are sales of mass versus premium beauty products evolving?
- Which products are seeing rising demand in the wake of COVID-19?
- Why are changing lifestyles and consumer behaviour patterns stimulating growth of some categories but not others?
- How is the macroeconomic environment shaping demand?
- Where is future growth expected to be most dynamic?
Beauty and Personal Care in Colombia
Beauty and personal care in 2024: The big picture
2024 key trends
Competitive landscape
Retail developments
What next for beauty and personal care?
DISCLAIMER
Baby and Child-Specific Products in Colombia
KEY DATA FINDINGS
Muted growth in 2024, with baby and child-specific sun care best performing subcategory
Bivien reformulates and aims to grow consumer base
Hypermarkets faces pressure from hard discounter launch
Falling birth rates present a significant threat to the future of baby and child-specific products
Growth will be supported by innovation and sophisticated formulations
Baby and child-specific products to see more developments
Bath and Shower in Colombia
KEY DATA FINDINGS
Positive body wash/shower gel sales hold up the overall performance of bath and shower
Private labels become more competitive through product enhancements
Traditional channel losing share to health and beauty specialists
“Skinification” trend set to gain traction in bath and shower
Sustainable packaging will become increasingly important in the years ahead
Pharmacies expected to gain share thanks to demand from value-conscious consumers
Colour Cosmetics in Colombia
KEY DATA FINDINGS
Colour cosmetics maintain robust growth in both mass and premium terms
Expansion supported by innovation and new entries
A new beauty landscape emerges
Positive outlook for colour cosmetics
Colour cosmetics and skin care expected to blur together with the launch of new products
Mass investment will dynamise colour cosmetics
Deodorants in Colombia
KEY DATA FINDINGS
Healthy value growth due to increased use and change of format
Colgate-Palmolive increases its share in deodorants in 2024
Discounters enjoys dynamic performance by embracing popular brands
Positive outlook for deodorants in the coming years
Innovation set to focus on skin-friendly solutions
Expansion of premium segment expected, while e-commerce will continue to rise
Depilatories in Colombia
KEY DATA FINDINGS
Economic uncertainties inspire “home spa” trends in 2024, benefiting depilatories
Reckitt Benckiser maintains its overall strength, while Proctor & Gamble dominates women’s pre-shave
Hypermarkets remains a popular channel for depilatories in Colombia
Women’s razors and blades poised for highest growth rate in the coming years
Sustainability will continue to shape the development of depilatories
Product innovation will increasingly prioritise multifunctionality
Fragrances in Colombia
KEY DATA FINDINGS
Premium fragrances drive category growth in 2024
Consumers increasingly favour mass fragrances, particularly those associated with nature
Beauty specialists trails direct selling amid evolving consumer preferences
Smaller sizes offer even more growth potential amid a sunny outlook
Brand launches will focus on intense fragrances to enable differentiation
Demand for sustainable packaging expected to gather pace
Hair Care in Colombia
KEY DATA FINDINGS
Hair care records dynamic growth in Colombia in 2024
Unilever remains the biggest company in hair care, but emergent brands gain traction
Improved distribution is driving the growth of premium hair care
Baseline demand will support stable sales for hair care
Opportunities in styling products
Sustainability trends expected to bring innovation to packaging formats
Men's Grooming in Colombia
KEY DATA FINDINGS
Rising focus on self-care is driving men’s grooming
Direct seller Belstar retains the lead ahead of Procter & Gamble
Variable performances seen across subcategories in men’s grooming
Further growth potential for men’s grooming over the forecast period
Optimistic outlook for men’s shaving
Shaving brands are blurring skin care lines
Oral Care in Colombia
KEY DATA FINDINGS
Inflation drives current value growth, but downtrading is visible
Colgate retains its solid lead in 2024 ahead of Oral-B
Polarisation in the distribution landscape in 2024
Growth forecast with greater emphasis on natural oral care products
Gum health and whitening segments set to keep driving current value growth
Offline presence will remain crucial, but e-commerce still offers potential
Skin Care in Colombia
KEY DATA FINDINGS
Increasing interest in premium products boosts the performance of skin care in 2024
Anti-imperfection claims increase in line with consumer awareness
Body care boosted from innovation
Innovation will drive current value growth in the coming years
Opportunities and challenges in targeting the tween beauty consumer
Private labels concepts reshaped by beauty specialists
Sun Care in Colombia
KEY DATA FINDINGS
Strong demand for sun care in 2024 due to awareness of the importance of sun protection
Expansion of products drives growth in mass sun care
Strong promotional activity by beauty specialists and pharmacies pays off
Baseline demand will support ongoing sales over the forecast period
Multi-functionality will continue to gain traction
More players set to enter the category, including private label
Premium Beauty and Personal Care in Colombia
KEY DATA FINDINGS
Premium beauty and personal care outperform mass counterparts
L’Oreal leads premium beauty and personal care in 2024
Sophisticated consumers support rising demand for premium products
Premium brands will expand their focus from functionality to emotional resonance
Premium offerings set to focus on professional hair care
Premium players will tap into TikTok trends to attract a younger consumer audience
Mass Beauty and Personal Care in Colombia
KEY DATA FINDINGS
Healthy growth for mass beauty and personal care in 2024
Natura maintains the lead while Quala meets evolving consumer trends
Brands focus on ingredients and effectiveness amid persistent fragmentation
Premiumisation trend set to continue in mass beauty and personal care
Optimistic outlook for emergent brands
Sustainability and performance set to be focus of innovation
The following categories and subcategories are included:
Beauty and Personal Care
-
- Baby and Child-specific Hair Care
- Baby and Child-specific Skin Care
- Baby and Child-specific Sun Care
- Baby and Child-specific Toiletries
- Baby Wipes
- Medicated Baby and Child-specific Products
- Nappy (Diaper) Rash Treatments
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- Bar Soap
- Bath Additives
- Body Powder
- Body Wash/Shower Gel
- Hand Sanitisers
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- Intimate Washes
- Intimate Wipes
- Liquid Soap
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-
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- Premium Eye Liner/Pencil
- Mass Eye Liner/Pencil
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- Premium Eye Shadow
- Mass Eye Shadow
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- Premium Mascara
- Mass Mascara
-
- Premium Other Lash and Brow Make-Up
- Mass Other Lash and Brow Make-Up
-
-
-
- Premium BB/CC Creams
- Mass BB/CC Creams
-
- Premium Blusher/Bronzer/Highlighter
- Mass Blusher/Bronzer/Highlighter
-
- Premium Foundation/Concealer
- Mass Foundation/Concealer
-
- Premium Powder
- Mass Powder
-
- Premium Other Facial Make-Up
- Mass Other Facial Make-Up
-
-
-
- Premium Lip Gloss
- Mass Lip Gloss
-
- Premium Lip Liner/Pencil
- Mass Lip Liner/Pencil
-
- Premium Lipstick
- Mass Lipstick
-
- Premium Other Lip Products
- Mass Other Lip Products
-
-
-
- Premium Nail Polish
- Mass Nail Polish
-
- Premium Nail Treatments/Strengthener
- Mass Nail Treatments/Strengthener
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- Premium Polish Remover
- Mass Polish Remover
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- Premium Other Nail Products
- Mass Other Nail Products
-
-
- Premium Colour Cosmetics Sets/Kits
- Mass Colour Cosmetics Sets/Kits
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-
- Deodorant Creams
- Deodorant Pumps
- Deodorant Roll-Ons
- Deodorant Sprays
- Deodorant Sticks
- Deodorant Wipes
-
- Hair Removers/Bleaches
- Women's Pre-Shave
- Women's Razors and Blades
-
-
- Premium Body Mists
- Premium Men's Fragrances
- Premium Women's Fragrances
- Premium Unisex Fragrances
- Premium Fragrance Sets/Kits
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- Mass Body Mists
- Mass Men's Fragrances
- Mass Women's Fragrances
- Mass Unisex Fragrances
- Mass Fragrance Sets/Kits
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-
- 2-in-1 Products
- Colourants
- Conditioners and Treatments
- Hair Loss Treatments
- Perms and Relaxants
- Salon Professional Hair Care
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- Medicated Shampoos
- Standard Shampoos
- Styling Agents
-
-
- Men's Post-Shave
- Men's Pre-Shave
- Men's Razors and Blades
-
-
- Premium Men's Bath and Shower
- Mass Men's Bath and Shower
-
- Premium Men's Deodorants
- Mass Men's Deodorants
-
- Premium Men's Hair Care
- Mass Men's Hair Care
-
- Premium Men's Skin Care
- Mass Men's Skin Care
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-
- Premium Men's Fragrances
- Mass Men's Fragrances
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- Dental Floss
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- Denture Cleansers
- Denture Fixatives
- Mouth Fresheners
- Mouthwashes/Dental Rinses
- Tooth Whiteners
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- Manual Toothbrushes
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- Battery Toothbrush Replacement Heads
- Battery Toothbrush Units
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- Electric Toothbrush Replacement Heads
- Electric Toothbrush Units
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- Toothpaste
- Oral Care Excl Power Toothbrushes
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-
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- Premium Firming Body Care
- Mass Firming Body Care
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- Premium General Purpose Body Care
- Mass General Purpose Body Care
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-
-
- Premium Acne Treatments
- Mass Acne Treatments
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- Premium Face Masks
- Mass Face Masks
-
-
- Premium Liquid/Cream/Gel/Bar Cleansers
- Mass Liquid/Cream/Gel/Bar Cleansers
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- Premium Facial Cleansing Wipes
- Mass Facial Cleansing Wipes
-
-
-
- Premium Basic Moisturisers
- Mass Basic Moisturisers
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- Premium Anti-Agers
- Mass Anti-Agers
-
-
- Premium Lip Care
- Mass Lip Care
-
- Premium Toners
- Mass Toners
-
-
- Premium Hand Care
- Mass Hand Care
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- Premium Skin Care Sets/Kits
- Mass Skin Care Sets/Kits
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-
-
-
- Premium Aftersun
- Mass Aftersun
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- Premium Self-Tanning
- Mass Self-Tanning
-
- Premium Sun Protection
- Mass Sun Protection
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- Baby and Child-specific Sun Care
-
-
- Premium Baby and Child-specific Products
- Premium Bath and Shower
-
-
- Premium Eye Liner/Pencil
- Premium Eye Shadow
- Premium Mascara
- Premium Other Lash and Brow Make-Up
-
- Premium BB/CC Creams
- Premium Blusher/Bronzer/Highlighter
- Premium Foundation/Concealer
- Premium Powder
- Premium Other Facial Make-Up
-
- Premium Lip Gloss
- Premium Lip Liner/Pencil
- Premium Lipstick
- Premium Other Lip Products
-
- Premium Nail Polish
- Premium Nail Treatments/Strengthener
- Premium Polish Remover
- Premium Other Nail Products
- Premium Colour Cosmetics Sets/Kits
-
- Premium Deodorants
-
- Premium Body Mists
- Premium Men's Fragrances
- Premium Women's Fragrances
- Premium Unisex Fragrances
- Premium Fragrance Sets/Kits
- Premium Hair Care
-
-
- Premium Firming Body Care
- Premium General Purpose Body Care
-
- Premium Acne Treatments
- Premium Face Masks
- Premium Facial Cleansing Wipes
-
- Premium Basic Moisturisers
- Premium Anti-Agers
- Premium Lip Care
- Premium Liquid/Cream/Gel/Bar Cleansers
- Premium Toners
- Premium Hand Care
- Premium Skin Care Sets/Kits
-
-
- Premium Aftersun
- Premium Self-Tanning
- Premium Sun Protection
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- Prestige Baby and Child-specific Products
- Prestige Bath and Shower
- Prestige Colour Cosmetics
- Prestige Deodorants
- Prestige Fragrances
- Prestige Hair Care
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- Prestige Body Care
- Prestige Facial Care
- Prestige Hand Care
- Prestige Skin Care Sets/Kits
- Prestige Adult Sun Care
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- Mass Baby and Child-specific Products
- Mass Bath and Shower
-
-
- Mass Eye Liner/Pencil
- Mass Eye Shadow
- Mass Mascara
- Mass Other Lash and Brow Make-Up
-
- Mass BB/CC Creams
- Mass Blusher/Bronzer/Highlighter
- Mass Foundation/Concealer
- Mass Powder
- Mass Other Facial Make-Up
-
- Mass Lip Gloss
- Mass Lip Liner/Pencil
- Mass Lipstick
- Mass Other Lip Products
-
- Mass Nail Polish
- Mass Nail Treatments/Strengthener
- Mass Polish Remover
- Mass Other Nail Products
- Mass Colour Cosmetics Sets/Kits
-
- Mass Deodorants
-
- Mass Body Mists
- Mass Men's Fragrances
- Mass Women's Fragrances
- Mass Unisex Fragrances
- Mass Fragrance Sets/Kits
- Mass Hair Care
-
-
- Mass Firming Body Care
- Mass General Purpose Body Care
-
- Mass Acne Treatments
- Mass Face Masks
- Mass Facial Cleansing Wipes
-
- Mass Basic Moisturisers
- Mass Anti-Agers
- Mass Lip Care
- Mass Liquid/Cream/Gel/Bar Cleansers
- Mass Toners
- Mass Hand Care
- Mass Skin Care Sets/Kits
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-
- Mass Aftersun
- Mass Self-Tanning
- Mass Sun Protection
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- Dermocosmetics Baby and Child-specific Products
- Dermocosmetics Bath and Shower
- Dermocosmetics Colour Cosmetics
- Dermocosmetics Deodorants
- Dermocosmetics Fragrances
- Dermocosmetics Hair Care
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- Dermocosmetics Body Care
- Dermocosmetics Facial Care
- Dermocosmetics Hand Care
- Dermocosmetics Skin Care Sets/Kits
- Dermocosmetics Adult Sun Care
Beauty and Personal Care
This is the aggregation of baby and child-specific products, bath & shower, colour cosmetics, deodorants, depilatories, fragrances, hair care, men's grooming, oral care, skin care and sun care. Black market sales and travel retail are excluded.
See all of our definitionsWhy buy this report?
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This report originates from Passport, our Beauty and Personal Care research and analysis database.
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