Skin and hair care, makeup, personal hygiene, and perfumes: the term “cosmetics” commonly refers to consumer products used by both men and women for beauty and personal care purposes. Dating back to ancient Egypt, the application of cosmetic products developed into a constantly expanding global industry, which has grown in recent years at an annual average pace of around 4.1 percent. This positive trend, albeit at a lower annual rate, was also observed in the Mexican cosmetics market between 2016 and 2019. However, as the economic effects of the COVID-19 pandemic unfold, this North American country’s cosmetic industry is expected to experience a slight contraction in 2020.
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In the following 6 chapters, you will quickly find the 28 most important statistics relating to "Cosmetics industry in Mexico".