Cosmetics
While there haven’t been numbers reported for all of Latin America, a number of individual markets in the region have posted notable growth in the cosmetics sector:
* According to Associação Brasileira dos Distribuidores de Laboratórios Nacionais, sales of beauty, hygiene and cosmetics products in Brazil will increase by 11% to 20% in 2014
* Cosmetics sales in Chile in the first quarter of 2014 grew by 3% compared to Q1 of 2013 and overall the cosmetics market in Chile is projected to grow by about 5% in 2014
* The cosmetics market grew 31% in Colombia between 2011 and 2013
* The cosmetics market is Mexico is forecast to grow by 10-15% in 2014
* Ecuador’s beauty market is growing at 10% per year
* Sales of cosmetics products in Uruguay went up by nearly 10% in 2013
Over-the-Counter Pharmaceuticals
According to TechNavio, the over-the-counter (OTC) pharmaceuticals market in Latin America will have a CAGR of more than 14% between 2013 and 2018.
http://www.exeqfind.com/top-10-growth-markets-in-latin-america
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