Boston, MA -- (SBWIRE) -- 07/22/2014 -- With consumption growth, increasing consumer purchasing power, women's greater purchasing power and the rising life expectancies, this will lead to a rise in beauty and personal care sales volume, which is benefiting overall beauty and personal care packaging sales. In 2012, the overall packaging grew by 3% over 2011 and is expected to have a CAGR of 3% over the forecast period to reach a volume of 15.2 billion units in 2016.
The expansion of credit, rising incomes, the increasing minimum wage and expansion of social programmes to transfer income in Brazil are increasing the mass consumer market. As a result, millions of Brazilians have taken advantage of this moment in the economy to join the market economy and experience for the first time the benefits of consumption. Therefore consumers stated to consume products that were not affordable in the past, becoming more sophisticated and demanding more high-quality products. All of these factors are likely to increase sales of beauty and personal care packaging. The category is expected to see a CAGR of 3% over the forecast period, reaching a volume of 15.2 billion units.
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Discover the latest market trends and uncover sources of future market growth for the Beauty and Personal Care Packaging industry in Brazil with research from Euromonitor's team of in-country analysts.
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The Beauty and Personal Care Packaging in Brazil market research report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes in units and filled volumes
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country
Our market research reports answer questions such as:
- What is the total unit volume of beauty and personal care packaging in Brazil?
- What are the major beauty and personal care pack types in Brazil?
- Are functional closures such as sprays and pumps growing in skin care packaging?
- What are the most dynamic pack types within beauty and personal care?
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Product coverage: Baby Care, Bath and Shower, Colour Cosmetics, Deodorants, Depilatories, Fragrances, Hair Care, Men's Grooming, Oral Care, Skin Care, Sun Care.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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