Bogota and Cundinamarca are on track to become one of the main Latin-American development and production hubs in cosmetic and personal care products. This is largely due to the dynamism of the exports and the continuous attraction and expansion of foreign companies that invest in the beauty sector in Colombia.
In 2019, Colombia was the fifth largest beauty and personal care market in Latin America with USD 3.1 Bn. Euromonitor has positive perspectives forecasting an annual growth between 2020 and 2024 of 3.5%.
Beauty and Personal Care Market in Latin America 2019 (USD Million)
Healthcare expenditure in Colombia
If you need more detailed information, find in the lower part the information of our investment officers in charge of this sector.
Updated (mm/dd/yyyy): 12.23.2020