Dermatologicals is set to see solid stable retail current value growth rates in Mexico throughout the forecast period. With the rapid and constant growth of the category in Mexico, companies are expected to offer private label products that are more economical for consumers.
In the forecast period, the consumer desire to have a healthy, youthful appearance is likely to continue to motivate people to seek out skin care products that address issues such as ageing, blemishes, acne, or full-body dryness, including underarm spots or vaginal dryness. The increase in information available online and in the media about skin care is also making consumers more aware of the importance of maintaining healthy and well-groomed skin.
There is a declining birth rate in Mexico, particularly amongst university-educated young adults in urban areas, who are prioritising their career over starting a family, and this is expected to persist over the forecast period. Despite the expected fall in the population aged 0-4 over the forecast period, due to the expected continued growth of the population 65+ in Mexico it is expected that categories such as nappy (diaper) rash treatments will maintain dynamic growth.
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Understand the latest market trends and future growth opportunities for the Dermatologicals industry in Mexico 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 Dermatologicals industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Dermatologicals
Includes topical standard and herbal/traditional medicated products used to alleviate symptoms or treat skin or hair ailments. Exclude any systemic (oral) options to treat skin conditions or diseases.
See All of Our DefinitionsThis report originates from Passport, our Dermatologicals research and analysis database.
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