Beauty and personal care in 2024: The big picture
In 2024, value sales of beauty and personal care products in Peru increased. Although growth was significant, it did not meet expectations and was lower than the value increase recorded during 2023. The key driver behind growth in 2024 was the strong momentum generated by leading market players, who implemented intensive sales and marketing strategies aimed at boosting consumer purchases. For example, companies remained highly proactive in their communication with consumers, whether through traditional advertising or social media, seeking to strengthen engagement, highlight product benefits, announce new launches, and ensure strong product availability across multiple sales channels.
2024 key trends
New launches were frequent in beauty and personal care during 2024, with players increasingly focused on delivering higher-quality products to address specific consumer needs. Among the most frequent innovations was the development of new skin care and sun care products, often incorporating advanced technologies. This was particularly evident in dermocosmetic ranges, which offered scientifically researched and tested ingredients to enhance skin care and provide superior sun protection. As a result, innovations were noted across a variety of creams, serums, and sun care tailored to different skin needs. Comprehensive treatment routines were also actively promoted to tackle specific concerns. For example, the Glycolic Bright! routine from L'Oréal Paris, offered anti-dark spot cleansing gel, a serum containing glycolic acid and niacinamide, an anti-dark spot day cream, and Purifica night cream. In addition, La Roche-Posay Anti-Ageing Routine included Effaclar micellar water, Hyalu B5 Anti-Wrinkle Serum, Hyalu B5 Eye and Eyelash Serum, and Anthelios Age Correct SPF 50 sunscreen. Similarly, L'Bel's Nocturné Facial Routine, targeting signs of ageing, included a biphasic make-up remover and facial cleansing gel, a hydrating night serum with hyaluronic acid, and an eye contour treatment.
Competitive landscape
Cetco S.A. X maintained its position as the leading company in beauty and personal care in 2024, achieving a double-digit uplift in growth. The company offers the well-established Esika, Cyzone, and L'Bel brands, which were present across a broad range of mass-market categories. These included baby and child-specific products, bath and shower, eye make-up, facial make-up, lip and nail products, deodorants, men's, women's, and unisex fragrances, hair care, firming and general body care, face masks, basic moisturisers, anti-ageing products, liquid/cream/gel/bar cleansers, toners, hand care, and sun protection. Its leadership is largely attributed to its strong track record in Peru, particularly through its effective use of the direct selling model. The popularity and longstanding recognition of its brands were supported by the dedication of its beauty consultants, who play a pivotal role in maintaining customer loyalty. These consultants cultivate strong client relationships by offering personalised advice on product selection and consistently promoting offers and new launches.
Retail developments
Direct selling remained the leading distribution channel within beauty and personal care in 2024. This channel's continued dominance is largely attributed to its deep-rooted presence in the Peruvian market, its broad category coverage, and the personalised sales approach delivered by beauty consultants. These consultants play a crucial role in promoting catalogue products and new launches and highlighting offers and promotions to their customers, many of whom they had built personal relationships with over time.
What next for beauty and personal care?
Sales of beauty and personal care products in Peru are projected to rise across the forecast period, driven by increasing consumer awareness of the importance of proper skin care, hair care, and general hygiene. Consumers are expected to become more discerning, emphasising high-quality and innovative products.
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Overview:
Understand the latest market trends and future growth opportunities for the Beauty and Personal Care industry in Peru 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 Peru, 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 Peru 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 Peru?
- Which are the leading brands in Peru?
- How are products distributed in Peru?
- 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 Peru
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 Peru
KEY DATA FINDINGS
Baby and child-specific products grow as baby wipes benefit from versatility
Kimberly-Clark del Perú SA leads, while Johnson & Johnson del Perú SA stands out
Small local grocers continue to lead sales, but lose share as pharmacies gain ground
Growth is set to benefit from the high dynamism of baby wipes
Players are set to address the lower birth rate with strategies that increase penetration
Dermocosmetic brands are set to gain ground in baby and child-specific skin care
Bath and Shower in Peru
KEY DATA FINDINGS
Bath and shower grows moderately due to economic restrictions and lower demand during cold weather
Colgate-Palmolive Perú SA maintains its leadership while being the most dynamic player
Small local grocers continue to lead, while pharmacies and direct selling gain importance
Growth is set to be driven by a stronger economy and warmer weather
Peruvians will return to pre-pandemic hygiene habits reducing the use of hand sanitisers
Product innovation is set to focus on natural ingredients and sustainable attributes
Colour Cosmetics in Peru
KEY DATA FINDINGS
Lip products drive both growth and sales, surpassing sales of eye make-up products
Cetco SA continues to lead, however, share declines as Dermod’s SAC improves its position
Direct selling maintains its leadership thanks to the strong activity of its players
The improved economy and increasing availability are expected to support ongoing growth
Direct selling brands are set to launch physical stores and online shops
Local and niche brands will continue to expand across the forecast period
Deodorants in Peru
KEY DATA FINDINGS
Low retail value growth as economic conditions challenge sales during 2024
Unilever Andina Perú SA leads deodorants, while Procter & Gamble Perú SRL improves its share
Small local grocers continue to lead, however, ground is lost to modern retailers
Growth is set to be driven by deodorant pumps and sticks, which offer ease of application
Affordable sachet formats are expected to drive growth for deodorant creams
Innovations are set to focus on a dermocosmetics, offering skin care benefits to consumers
Depilatories in Peru
KEY DATA FINDINGS
Modest growth due colder weather and the poor economic performance
Procter & Gamble Perú SRL consolidates its leadership, while Schick & Energizer Perú SA increases its share
Small local grocers lead while beauty specialists record an uplift in share
Warmer weather conditions and improvements in the economy are set to drive growth in depilatories
Innovations in women's razors and blades will focus on delicate skin and intimate areas
New retail opportunities could contribute to ongoing growth of depilatories
Fragrances in Peru
KEY DATA FINDINGS
Significant growth for fragrances as high-end brands drive sales during 2024
Cetco SA retains its lead with a significant presence in mass fragrances
Direct selling leads sales while pharmacies improve share by expanding its selections
The improved economic landscape is set to support growth for premium men's fragrances
Arabic fragrances will continue to enter Peru, responding to increased demand
The premium niche segment is set to expand, offering high-end fragrance brands
Hair Care in Peru
KEY DATA FINDINGS
Hair care grows in 2024, as styling agents focus on innovations to drive sales
Procter & Gamble Perú SRL maintains the leader, while L'Oréal Perú SA has a strong year with Elvive
Small local grocers continue leading due to proximity and sale of small formats
Strong growth is set to be driven by warmer weather and ongoing product launches
Amarás is set to increase its share, offering a diverse range, competitive prices and strong distribution
Innovations are expected to focus on specialist ingredient and vegan options
Men's Grooming in Peru
KEY DATA FINDINGS
A growing interest in products specifically formulated for men supports strong growth
Cetco SA continues to lead thanks to its strong focus on fragrances for men
Direct selling continues to lead the men's grooming, driven by strong players
The growing availability of men’s grooming products will support strong growth across the forecast period
Father's Day and online campaigns are opportunities to boost sales of men’s grooming products
Innovations in men's facial care products are set to rise, boosting growth
Oral Care in Peru
KEY DATA FINDINGS
Oral care benefits from being an essential item, while tooth whiteners drive interest
Colgate-Palmolive Perú SA continues to lead due to the strength of Colgate and Kolynos
Small local grocers is the dominant channel, thanks to proximity, and personal services
The improved penetration of lesser-used products is expected to drive value growth
Promoting preventive oral health care will support growth across the forecast period
A growing trend towards teeth whitening will drive the use of whitening toothpastes and tooth whiteners
Skin Care in Peru
KEY DATA FINDINGS
Skin care grows as health and wellness trends support sales of key products
Beiersdorf SAC leads skin care thanks to significant momentum from Nivea and Eucerin
Direct selling leads sales, offering specialised and innovative products in skin care
Significant growth is expected to continue, driven by anti-ageing skin care products
The opening of specialised stores selling skin care products will support ongoing growth
Comprehensive facial treatments are expected to rise, supporting overall growth in skin care
Sun Care in Peru
KEY DATA FINDINGS
Sun care records the strongest growth as daily use of the product increases
Unique SA maintains its leadership, while Beiersdorf SAC boosts its share
Direct selling continues to lead, while pharmacies improve share by offering expert guidance
Significant growth is set to be driven by rising awareness, warmer weather, and the improved economy
Sun care will continue to be driven by dermatologists and point-of-sale specialists
Sun care innovations are expected to focus on stronger skin protection and cross-category benefits
Premium Beauty and Personal Care in Peru
KEY DATA FINDINGS
Rising demand and strong promotions from premium brands drives sales in 2024
L'Oréal Perú SA maintains its leadership thanks to its prestigious and well-established brands
Consumers value global premium brands and seek out new, high-end and exclusive products
Significant growth is anticipated, supported by innovation and technological advancements
The opening of physical stores offering premium goods is set to drive sales
Innovations are set to be strong within fragrances and dermocosmetic treatments
Mass Beauty and Personal Care in Peru
KEY DATA FINDINGS
Economic difficulties and colder weather challenge sales in 2024
Cetco SA retains its lead thanks to strong sales through the direct selling channel
Consumers seek products with appealing benefit-cost ratios, in addition to dermocosmetic innovations
Growth is set to be bolstered by the improved economy and demand for specialised solutions
Specialised stores are expected to widen availability and support sales growth
Innovations are set to focus on skin care, offering anti-ageing and targeted solutions
The following categories and subcategories are included:
Beauty and Personal Care
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- 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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- 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
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- Premium Other Lash and Brow Make-Up
- Mass Other Lash and Brow Make-Up
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- Premium BB/CC Creams
- Mass BB/CC Creams
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- Premium Blusher/Bronzer/Highlighter
- Mass Blusher/Bronzer/Highlighter
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- Premium Foundation/Concealer
- Mass Foundation/Concealer
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- Premium Powder
- Mass Powder
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- Premium Other Facial Make-Up
- Mass Other Facial Make-Up
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- Premium Lip Gloss
- Mass Lip Gloss
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- Premium Lip Liner/Pencil
- Mass Lip Liner/Pencil
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- Premium Lipstick
- Mass Lipstick
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- Premium Other Lip Products
- Mass Other Lip Products
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-
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- Premium Nail Polish
- Mass Nail Polish
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- 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
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- 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
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- Hair Removers/Bleaches
- Women's Pre-Shave
- Women's Razors and Blades
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- 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
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- Men's Post-Shave
- Men's Pre-Shave
- Men's Razors and Blades
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- Premium Men's Bath and Shower
- Mass Men's Bath and Shower
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- Premium Men's Deodorants
- Mass Men's Deodorants
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- Premium Men's Hair Care
- Mass Men's Hair Care
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- 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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- 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
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- Premium Liquid/Cream/Gel/Bar Cleansers
- Mass Liquid/Cream/Gel/Bar Cleansers
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- Premium Facial Cleansing Wipes
- Mass Facial Cleansing Wipes
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- Premium Basic Moisturisers
- Mass Basic Moisturisers
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- Premium Anti-Agers
- Mass Anti-Agers
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- Premium Lip Care
- Mass Lip Care
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- Premium Toners
- Mass Toners
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- 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
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- Premium Sun Protection
- Mass Sun Protection
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- Baby and Child-specific Sun Care
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- Premium Baby and Child-specific Products
- Premium Bath and Shower
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- 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
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- Premium Lip Gloss
- Premium Lip Liner/Pencil
- Premium Lipstick
- Premium Other Lip Products
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- Premium Nail Polish
- Premium Nail Treatments/Strengthener
- Premium Polish Remover
- Premium Other Nail Products
- Premium Colour Cosmetics Sets/Kits
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- Premium Deodorants
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- Premium Body Mists
- Premium Men's Fragrances
- Premium Women's Fragrances
- Premium Unisex Fragrances
- Premium Fragrance Sets/Kits
- Premium Hair Care
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- Premium Firming Body Care
- Premium General Purpose Body Care
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- Premium Acne Treatments
- Premium Face Masks
- Premium Facial Cleansing Wipes
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- 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
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- 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
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- Mass Eye Liner/Pencil
- Mass Eye Shadow
- Mass Mascara
- Mass Other Lash and Brow Make-Up
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- Mass BB/CC Creams
- Mass Blusher/Bronzer/Highlighter
- Mass Foundation/Concealer
- Mass Powder
- Mass Other Facial Make-Up
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- Mass Lip Gloss
- Mass Lip Liner/Pencil
- Mass Lipstick
- Mass Other Lip Products
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- Mass Nail Polish
- Mass Nail Treatments/Strengthener
- Mass Polish Remover
- Mass Other Nail Products
- Mass Colour Cosmetics Sets/Kits
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- Mass Deodorants
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- Mass Body Mists
- Mass Men's Fragrances
- Mass Women's Fragrances
- Mass Unisex Fragrances
- Mass Fragrance Sets/Kits
- Mass Hair Care
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- Mass Firming Body Care
- Mass General Purpose Body Care
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- Mass Acne Treatments
- Mass Face Masks
- Mass Facial Cleansing Wipes
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- 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.
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This report originates from Passport, our Beauty and Personal Care research and analysis database.
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