Beauty & Personal Care - Puerto Rico

Puerto Rico

In 2024, the Beauty & Personal Care market in Puerto Rico is projected to generate a revenue of US$694.20m.
It is expected to experience a yearly growth rate of 2.39% (CAGR 2024-2028).
The largest segment within this market is Personal Care, accounting for a market volume of US$302.10m in 2024.
In comparison to other countries around Worldwide, in the United States leads in revenue generation with US$100bn in 2024.
When considering the population, each person in Puerto Rico is estimated to generate US$212.40 in revenue in 2024.
The beauty and personal care market in Puerto Rico is seeing a rise in demand for natural and organic products.

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

Market

Region

Region comparison

Currency

Analyst Opinion

The Beauty & Personal Care market is thriving and one of the fastest growing consumer markets, driven in particular by the Cosmetics and Skin Care segments. The main reason for this strong growth is the generational shift with young consumers entering the market. At the same time, this change is reinforced by social media, internationality, and eCommerce, which have a lasting effect on buying behavior when it comes to beauty products. Trends from all over the world are spreading and changing the daily beauty and care routine.

Methodology

The Beauty & Personal Care market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Beauty & Personal Care industry.