Market Insights Consumer Beauty & Personal Care Cosmetics

Natural Cosmetics - Argentina

Argentina

in Argentina, a country known for its rich natural resources, is not exempt from the global trend towards natural cosmetics.
In 2024, the revenue in the Natural Cosmetics market in Argentina is projected to reach €115.60m.
This indicates a positive growth rate, with an annual increase of 4.53% (CAGR 2024-2029) expected.
When comparing in Argentina to other countries, it becomes evident that in China dominates the global market, generating a staggering revenue of €2,846m in 2024.
Despite in China's dominance, Argentina's natural cosmetics market is still carving out its own niche.
To put the revenue into perspective, it is important to consider the population of Argentina.
In 2024, per person revenues of €2.51 are projected.
This figure highlights the potential for growth and the untapped market opportunities in Argentina for natural cosmetics.
As the market continues to evolve, it will be interesting to see how Argentina's natural cosmetics sector develops and contributes to the overall global market.
With its abundant natural resources and a growing consumer interest in organic and sustainable products, in Argentina has the potential to become a significant player in the natural cosmetics industry.
Despite economic challenges, Argentina has seen a surge in demand for natural cosmetics as consumers prioritize sustainable and organic products.

Key regions: United Kingdom, Indonesia, India, Canada, Worldwide

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.