Manufacturers are investing significantly in research & development to launch innovative skin care products to attract a large consumer base. Alcohol is the basic raw material in skin toner as it fights bacteria, but it can also dry the skin, making skin issues such as acne even worse. Thus, the need for alcohol-free skin toners is rising, and manufacturers are developing alcohol-free skin toners to cater to the increasing demand. The company claimed this toner penetrates deep into the skin's pores to dissolve dirt and debris. This toner is alcohol, fragrance, paraben, phthalate, dye, and cruelty-free. Moreover, well-established players operating in the South & Central America skin toners market are expanding their product portfolio to cater to the increasing demand. Such product launches by manufacturers are driving the market growth. Further, as per the published data in L'Oréal S.A. 2020 annual report, the advertising and promotion spending on beauty and personal care products in 2019 was US$ 10,311.09 million, rising from US$ 9,604.60 million in 2018. Such rise in advertising expenditure from the leading manufacturers in South & Central America skin toners market will boost the product awareness and demand for skin toner in the coming years.
The South & Central America skin toners market is segmented into Brazil, Argentina, and the Rest of South & Central America. The gradual economic progress in South American countries has resulted in increased spending on beauty and personal care products in these countries. The desire for beauty products among consumers in Brazil influences enterprises operating in the beauty industry to boost their investments in skin care products. Consumers, especially the aging population, are increasingly seeking products to maintain and improve their appearance, especially with the rising awareness about antiaging products. Skin toners show antiaging properties; thus, the demand for skin toners is anticipated to fuel the market growth in the forecast period. On the other hand, the increasing preference for online shopping further promotes the sales of facial cosmetic products in the e-commerce platform. As a result, other manufacturers are making efforts to offer unique products on various online sales channels, such as Amazon and Sephora, to increase revenue, thus driving the online sales of facial cosmetics products such as skin toner. This is also a major factor that propels the sale of skin toner and is projected to boost the market growth during the forecast period.
South & Central America Skin Toners Market Segmentation
The South & Central America skin toners market is segmented into type, category, distribution channel, and country.
Based on type, the South & Central America skin toners market is segmented into hydrating toners, exfoliating toners, and treatment toners. The treatment toners segment held the largest share of the South & Central America skin toners market in 2022.
Based on category, the South & Central America skin toners market is segmented into organic and conventional. The conventional segment held a larger share of the South & Central America skin toners market in 2022.
Based on distribution channel, the South & Central America skin toners market is segmented into supermarkets and hypermarkets, drugstores and pharmacies, health and beauty stores, online retail, and others. The health and beauty stores segment held the largest share of the South & Central America skin toners market in 2022.
Based on country, the South & Central America skin toners market is segmented into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated the share of the South & Central America skin toners market in 2022.
Johnson & Johnson Consumer Inc; L'Oreal SA; Shiseido Co Ltd; The Procter & Gamble Co; Burt's Bees Inc; and The Bodyshop International Ltd are the leading companies operating in the South & Central America skin toners market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 71.79 Million |
| Market Size by 2028 | US$ 94.05 Million |
| CAGR (2022 - 2028) | 4.6% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Flavor
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
1. Johnson & Johnson Consumer Inc
2. L\'Oreal SA
3. Shiseido Co Ltd
4. The Procter & Gamble Co
5. Burt\'s Bees Inc
6. The Bodyshop International Ltd
The South & Central America Skin Toners Market is valued at US$ 71.79 Million in 2022, it is projected to reach US$ 94.05 Million by 2028.
As per our report South & Central America Skin Toners Market, the market size is valued at US$ 71.79 Million in 2022, projecting it to reach US$ 94.05 Million by 2028. This translates to a CAGR of approximately 4.6% during the forecast period.
The South & Central America Skin Toners Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Skin Toners Market report:
The South & Central America Skin Toners Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South & Central America Skin Toners Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America Skin Toners Market value chain can benefit from the information contained in a comprehensive market report.
Please tell us your area of interest
(Market Segments/ Regions and Countries/ Companies)
E 1803, Panchshil Towers,
Wagholi, Haveli,
Pune - 412207,
Maharashtra, India
US:+16467917070
sales@businessmarketinsights.com
Get Free Sample For South & Central America Skin Toners Market
