Cosmetic Market Keeps Growing in Brazil. Only Japan and US Are Ahead

Brazilian organic product, AmazonDrops Brazilians take beauty very seriously. Figures supplied by the IBGE (Brazilian Institute of Geography and Statistics) and the Brazilian Association of Toiletries, Perfumes & Cosmetics Industries (Abihpec) show that while the country GDP and that of industries in general grew respectively 5.1% and 4.3% in 2008, that of cosmetics industries grew 7.1%.

Also according to the Abihpec, some factors may explain the good result for the sector. They are: greater female participation in the labor market, constant releases of products and use of state-of-the-art technology by personal hygiene, perfumery and cosmetics industries, which causes greater production and consequently sale of products at more competitive prices.

And Brazil, once again, is in the lead: it is the third cosmetics industry market in the world, losing only to Japan and the United States. Within the sector, one line is gaining strength: that of raw materials for natural and organic products.

A forecast by the Organic Monitor shows that consumption of these products is currently 4%, but in 2012 it may reach 10%.

According to figures by the Abihpec, one of the foreign markets the sector is going to continue betting on is the Arab. In early June, the organization participated once again in the Beautyworld Middle East, a cosmetics fair in Dubai, in the United Arab Emirates.

In 2008, the total value of sales of beauty products in the Middle East exceeded US$ 2 billion. In the Emirates alone, the beauty and spa market exceeds US$ 600 million.

Anba

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazilian Invention Lowers Price of Pumped Oil

A new device capable of simultaneously injecting steam and extracting petroleum from wells and ...

African mother cares for sick child

US to Join Brazil in Fight Against Malaria and Tuberculosis in Africa

Brazilian President, Luiz Inácio Lula da Silva, and his US counterpart, George Bush, agreed ...

Brazil: Brewing Plans from World’s Largest Coffee Coop

The Guaxupé Regional Cooperative of Coffee Producers (Cooxupé), the largest coffee cooperative in the ...

Brazil: In the Face of Mired-in-Corruption Congress, President Lula Looks the Other Way

The article entitled “Brazil’s Scandal-plagued Senate: House of Horrors” published July 9 by British ...

Little Hope US Will Let Brazil Sell Military Jets to Venezuela

The US State Department thinks Venezuela is on a military spree that is not ...

Brazil: Lula Helping a Sí£o Paulo Friend

Paulo Maluf (PP) has promised if he gets elected mayor of São Paulo there’s ...

The Alley’s Vampire

Pretty thing are you, I thought cynically, coveting the gorgeous young fascist and his ...

Brazil’s Industry Criticizes Interest Rates

Brazil’s industrial indicators for February, released yesterday by the National Confederation of Industry (CNI), show ...

Some Brazilians in Germany Have Only One Dream: To Go Back Home

The weekly German newsmagazine Der Spiegel has just published a long article about the ...

Ethanol Consumption Overtakes Gasoline in Brazil

The Brazilian Statistical Directory of Petroleum and Natural Gas, published on the website of ...