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Latin America Cosmetics Market, Except Mexico, Forecast To Post Strong Growth In 2013–2018, Euromonitor Says

August 18, 2014: 12:00 AM EST
Latin America’s cosmetics market is forecast to grow 7.2 percent in 2013–2018, reaching $111.8 billion in value by the end of the period covered, according to Euromonitor. Data from the market research firm revealed leading markets in terms of growth are expected to be Brazil with 9.3 percent annual expansion; Bolivia, 8.8 percent; Guatemala, 7.5 percent; and Peru and Venezuela, 7.4 percent each. Mexico, however, is expected to slow down, with growth rate forecast at 4.6 percent, expanding from $10.8 billion in 2013 to $13.5 billion in 2018.
Christina Kroll, "Financial Advancements in Latin America's Beauty Industry", GCI Magazine, August 18, 2014, © Allured Business Media
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