Sales of premium beauty and personal care products are expected to decline in constant value terms (2024 prices) over the forecast period. In a climate of persistent price increases, consumers are becoming more cautious with their spending - delaying purchases, waiting for seasonal promotions, and buying their preferred brands when travelling abroad to take advantage if more favourable prices.
E-commerce is becoming an increasingly important showcase for premium beauty and personal care products in Bolivia. The expansion of digital platforms allows consumers to access a wide array of items - particularly fragrances - from the convenience of their mobile devices.
Anti-ageing skin care will continue as an important area of focus within premium beauty and personal care, driven by demand for multi-benefit treatments targeting concerns such as dark spots, dehydration, and sensitivity. Ingredients like hyaluronic acid, retinol, niacinamide, and collagen will remain key, especially when formulated in innovative formats like serums and ampoules that promise visible results.
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Understand the latest market trends and future growth opportunities for the Premium Beauty and Personal Care industry in Bolivia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Premium Beauty and Personal Care industry in Bolivia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Premium Beauty and Personal Care
This is the aggregation of premium colour cosmetics, fragrances, deodorants, skin care, sun care, baby and child-specific products, bath and shower and hair care.
See all of our definitionsThis report originates from Passport, our Premium Beauty and Personal Care research and analysis database.
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