Mexico, Brazil, Colombia and Chile are the most dynamic and robust beauty markets in the Latin America, which is why Cosmetics Design is taking a closer look at the key trends and market data.
The country’s industrial IPI tax on cosmetics and hygiene products takes full effect this month, and manufacturers and wholesalers anticipate a substantial price lift and simultaneous drop in sales.
Kimberly-Clark posts rising sales and profit for its Q4 on strong personal care sales but the company’s outlook is weakened by the forecast of slow recovery for paper-based goods.