• Categories
  • Archives

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Your email address will not be published.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

Abuse and Impunity in Brazil

Every 15 seconds one Brazilian woman suffers from domestic violence (beatings, spanking physical torture) ...

Now It’s Canada’s Turn to Court Brazil

The Prime Minister of Canada, Paul Martin, said yesterday in São Paulo that his visit ...

Song of the South

Judith Kay is fascinated with Brazil and its music. After falling in love with ...

Brazil’s Embraer Delivers 108 Jets and Earns US$ 195 Million Net Income

Brazilian aircraft maker Embraer, the world's leading manufacturer of commercial jets up to 120 ...

Brazil’s Petrobras Joins the Exclusive US$ 100 Billion Club

For the first time ever, Brazil's oil giant state-controlled Petrobras shares reached the value ...

Varig Ticket Holders Stranded in the US Can’t Go to Brazil

Passengers in the United States holding Varig tickets have been abandoned by that bankrupt ...

Now We Know Why the PT Came to Power. To Preserve Bourgeois Rule.

The deep crisis of the Workers Party (PT) government of Luis Inácio Lula da ...

Foreigners Don’t Pay Capital Gain Taxes on Brazil’s Bonds Anymore

Latin American stocks advanced, with Brazilian shares getting a boost from some encouraging earnings ...

Brazil: Rocinha Shantytown Goes to War

In Rocinha, Rio de Janeiro, the largest favela in South America, teachers at local ...

Brazil’s Lula to Bush: Stop Subsidies

Brazilians want a greater access to world markets in order to compete on an ...