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Beauty and Personal Care in Ecuador

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    Report

  • 113 Pages
  • April 2024
  • Region: Ecuador
  • Euromonitor International
  • ID: 2555756
The current socioeconomic situation in Ecuador is becoming more challenging and complex for consumers and fmcg companies alike, with 2023 witnessing political instability and a deterioration of the security situation in the country.

The Beauty and Personal Care in Ecuador report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. Forecasts to 2028 illustrate how the market is set to change.

Product coverage: Baby and Child-specific Products, Bath and Shower, Colour Cosmetics, Deodorants, Depilatories, Dermocosmetics Beauty and Personal Care, Fragrances, Hair Care, Mass Beauty and Personal Care, Men's Grooming, Oral Care, Oral Care Excl Power Toothbrushes, Premium Beauty and Personal Care, Prestige Beauty and Personal Care, Skin Care, Sun Care.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Beauty and Personal Care market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

EXECUTIVE SUMMARY
  • Beauty and personal care in 2023: The big picture
  • 2023 key trends
  • Competitive landscape
  • Retailing developments
  • What next for beauty and personal care?
MARKET DATA
  • Table 1 Sales of Beauty and Personal Care by Category: Value 2018-2023
  • Table 2 Sales of Beauty and Personal Care by Category: % Value Growth 2018-2023
  • Table 3 GBO Company Shares of Beauty and Personal Care: % Value 2019-2023
  • Table 4 NBO Company Shares of Beauty and Personal Care: % Value 2019-2023
  • Table 5 LBN Brand Shares of Beauty and Personal Care: % Value 2020-2023
  • Table 6 Penetration of Private Label in Beauty and Personal Care by Category: % Value 2018-2023
  • Table 7 Distribution of Beauty and Personal Care by Format: % Value 2018-2023
  • Table 8 Distribution of Beauty and Personal Care by Format and Category: % Value 2023
  • Table 9 Forecast Sales of Beauty and Personal Care by Category: Value 2023-2028
  • Table 10 Forecast Sales of Beauty and Personal Care by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
MASS BEAUTY AND PERSONAL CARE IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Yanbal’s robust approach to expansion pushes the recovery of direct selling
  • Hard discounters, private label attract the attention of consumers with tight budgets
  • Dermocosmetics and dermocosmetic lookalikes outperform mass brands
PROSPECTS AND OPPORTUNITIES
  • Mass brands set to include more premium ingredients to appeal to consumers
  • Masstige brands set to contribute to higher value growth in the category
  • Non-compliant counterfeit products pose challenges for the entire industry
CATEGORY DATA
  • Table 11 Sales of Mass Beauty and Personal Care by Category: Value 2018-2023
  • Table 12 Sales of Mass Beauty and Personal Care by Category: % Value Growth 2018-2023
  • Table 13 NBO Company Shares of Mass Beauty and Personal Care: % Value 2019-2023
  • Table 14 LBN Brand Shares of Mass Beauty and Personal Care: % Value 2020-2023
  • Table 15 Forecast Sales of Mass Beauty and Personal Care by Category: Value 2023-2028
  • Table 16 Forecast Sales of Mass Beauty and Personal Care by Category: % Value Growth 2023-2028
PREMIUM BEAUTY AND PERSONAL CARE IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • L’Oréal drives the growth of premium beauty and personal care
  • Cross-border e-commerce becomes a substitute for shopping in local stores
  • Salon Professional Hair Care drives the growth of Premium Hair Care
PROSPECTS AND OPPORTUNITIES
  • Adverse economic scenario and tight budgets to limit demand for premium brands
  • Contraband, parallel imports and imitations to undermine official sales of premium brands
  • Free trade agreement with the EU promises tariff-free trade in beauty and personal care
CATEGORY DATA
  • Table 17 Sales of Premium Beauty and Personal Care by Category: Value 2018-2023
  • Table 18 Sales of Premium Beauty and Personal Care by Category: % Value Growth 2018-2023
  • Table 19 NBO Company Shares of Premium Beauty and Personal Care: % Value 2019-2023
  • Table 20 LBN Brand Shares of Premium Beauty and Personal Care: % Value 2020-2023
  • Table 21 Forecast Sales of Premium Beauty and Personal Care by Category: Value 2023-2028
  • Table 22 Forecast Sales of Premium Beauty and Personal Care by Category: % Value Growth 2023-2028
BABY AND CHILD-SPECIFIC PRODUCTS IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Chinese brands make a bid to improve their positions and increase their influence
  • Angelino records an outstanding performance thanks to its launch of new products
  • Schools increasingly ask parents to supply sun care products for their children
PROSPECTS AND OPPORTUNITIES
  • Low investment in marketing set to place limits on the extent to which sales can grow
  • Sales under pressure as various challenging factors undermine sales growth
  • Parents increasingly looking for skin care properties in products for their children
CATEGORY DATA
  • Table 23 Sales of Baby and Child-specific Products by Category: Value 2018-2023
  • Table 24 Sales of Baby and Child-specific Products by Category: % Value Growth 2018-2023
  • Table 25 Sales of Baby and Child-specific Products by Premium vs Mass: % Value 2018-2023
  • Table 26 NBO Company Shares of Baby and Child-specific Products: % Value 2019-2023
  • Table 27 LBN Brand Shares of Baby and Child-specific Products: % Value 2020-2023
  • Table 28 LBN Brand Shares of Baby and Child-specific Sun Care: % Value 2020-2023
  • Table 29 LBN Brand Shares of Premium Baby and Child-specific Products: % Value 2020-2023
  • Table 30 Forecast Sales of Baby and Child-specific Products by Category: Value 2023-2028
  • Table 31 Forecast Sales of Baby and Child-specific Products by Category: % Value Growth 2023-2028
  • Table 32 Forecast Sales of Baby and Child-specific Products by Premium vs Mass: % Value 2023-2028
BATH AND SHOWER IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Bath and shower falters as rigorous handwashing falls by the wayside
  • Demand for intimate washes down despite recommendations from gynaecologists
  • Antibacterial properties less important than fragrance and skin care properties
PROSPECTS AND OPPORTUNITIES
  • Adverse economic outlook to impact sales of bath additives, shower gel, liquid soap
  • Specific deodorants and talc for feet set to gain ground against body powder
  • Confusing formats set to make it harder for consumers to make decisions
CATEGORY DATA
  • Table 33 Sales of Bath and Shower by Category: Value 2018-2023
  • Table 34 Sales of Bath and Shower by Category: % Value Growth 2018-2023
  • Table 35 Sales of Bath and Shower by Premium vs Mass: % Value 2018-2023
  • Table 36 NBO Company Shares of Bath and Shower: % Value 2019-2023
  • Table 37 LBN Brand Shares of Bath and Shower: % Value 2020-2023
  • Table 38 LBN Brand Shares of Premium Bath and Shower: % Value 2020-2023
  • Table 39 Forecast Sales of Bath and Shower by Category: Value 2023-2028
  • Table 40 Forecast Sales of Bath and Shower by Category: % Value Growth 2023-2028
  • Table 41 Forecast Sales of Bath and Shower by Premium vs Mass: % Value 2023-2028
COLOUR COSMETICS IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Goodbye to face masks, welcome back to colour cosmetics
  • L’Oréal generating growing sales after its return to Ecuador
  • Incorporating skin care elements is a new focus for colour cosmetics brands
PROSPECTS AND OPPORTUNITIES
  • Recently imposed night curfews place limits on nocturnal social interactions
  • Recovery in the supply of colour cosmetics to support sales growth
  • Social Media set to become increasingly important for promoting colour cosmetics
CATEGORY DATA
  • Table 42 Sales of Colour Cosmetics by Category: Value 2018-2023
  • Table 43 Sales of Colour Cosmetics by Category: % Value Growth 2018-2023
  • Table 44 Sales of Colour Cosmetics by Premium vs Mass: % Value 2018-2023
  • Table 45 NBO Company Shares of Colour Cosmetics: % Value 2019-2023
  • Table 46 LBN Brand Shares of Colour Cosmetics: % Value 2020-2023
  • Table 47 LBN Brand Shares of Premium Colour Cosmetics: % Value 2020-2023
  • Table 48 Forecast Sales of Colour Cosmetics by Category: Value 2023-2028
  • Table 49 Forecast Sales of Colour Cosmetics by Category: % Value Growth 2023-2028
  • Table 50 Forecast Sales of Colour Cosmetics by Premium vs Mass: % Value 2023-2028
DEODORANTS IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Deodorant creams in tubes appeal to budget-conscious consumers
  • Anti-perspirant deodorants gain traction as consumers demand better performance
  • Added value and efficiency of deodorants Increasingly appealing to consumers
PROSPECTS AND OPPORTUNITIES
  • Expanding ranges to include child-specific deodorants presents new opportunities
  • Skin care properties set to become increasingly important in deodorants
  • Discounters and private label set to gaining ground during the forecast period
CATEGORY DATA
  • Table 51 Sales of Deodorants by Category: Value 2018-2023
  • Table 52 Sales of Deodorants by Category: % Value Growth 2018-2023
  • Table 53 Sales of Deodorants by Premium vs Mass: % Value 2018-2023
  • Table 54 NBO Company Shares of Deodorants: % Value 2019-2023
  • Table 55 LBN Brand Shares of Deodorants: % Value 2020-2023
  • Table 56 LBN Brand Shares of Premium Deodorants: % Value 2020-2023
  • Table 57 Forecast Sales of Deodorants by Category: Value 2023-2028
  • Table 58 Forecast Sales of Deodorants by Category: % Value Growth 2023-2028
  • Table 59 Forecast Sales of Deodorants by Premium Vs Mass: % Value 2023-2028
DEPILATORIES IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Veet launches a new formula in response to declining volume sales in 2023
  • New products appear that are designed to cater to specific consumer needs
  • Women use standard razors and blades to avoid the so-called “pink tax”
PROSPECTS AND OPPORTUNITIES
  • Laser depilation set become a stronger challenger to sales of depilatories
  • Sustainability and eco-friendly proposals to become more appealing to consumers
  • Innovation in formulation and natural products
CATEGORY DATA
  • Table 60 Sales of Depilatories by Category: Value 2018-2023
  • Table 61 Sales of Depilatories by Category: % Value Growth 2018-2023
  • Table 62 NBO Company Shares of Depilatories: % Value 2019-2023
  • Table 63 LBN Brand Shares of Depilatories: % Value 2020-2023
  • Table 64 Forecast Sales of Depilatories by Category: Value 2023-2028
  • Table 65 Forecast Sales of Depilatories by Category: % Value Growth 2023-2028
FRAGRANCES IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Dominant distribution channel direct selling continues to recover from the pandemic
  • Yanbal stands out due to huge investment in marketing and product development
  • Contraband, counterfeits and imitations challenge official retail sales of fragrances
PROSPECTS AND OPPORTUNITIES
  • Unisex fragrances to become more attractive during the forecast period
  • Cross-border e-commerce expected to continue gaining traction
  • Removal of import tariffs from EU imports to benefit premium fragrances
CATEGORY DATA
  • Table 66 Sales of Fragrances by Category: Value 2018-2023
  • Table 67 Sales of Fragrances by Category: % Value Growth 2018-2023
  • Table 68 NBO Company Shares of Fragrances: % Value 2019-2023
  • Table 69 LBN Brand Shares of Fragrances: % Value 2020-2023
  • Table 70 LBN Brand Shares of Premium Men's Fragrances: % Value 2020-2023
  • Table 71 LBN Brand Shares of Premium Women's Fragrances: % Value 2020-2023
  • Table 72 Forecast Sales of Fragrances by Category: Value 2023-2028
  • Table 73 Forecast Sales of Fragrances by Category: % Value Growth 2023-2028
HAIR CARE IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Consumers looking for improved efficacy turn to specialist products
  • Styling gel loses ground against other styling agents
  • L’Oréal’s full hair care portfolio available once again to local consumers
PROSPECTS AND OPPORTUNITIES
  • Thriving competitive landscape to become more intense during the forecast period
  • Hard discounters to become a more relevant distribution channel in hair care
  • Players bet on natural ingredients and clean labels to appeal to customers
CATEGORY DATA
  • Table 74 Sales of Hair Care by Category: Value 2018-2023
  • Table 75 Sales of Hair Care by Category: % Value Growth 2018-2023
  • Table 76 Sales of Hair Care by Premium vs Mass: % Value 2018-2023
  • Table 77 NBO Company Shares of Hair Care: % Value 2019-2023
  • Table 78 LBN Brand Shares of Hair Care: % Value 2020-2023
  • Table 79 NBO Company Shares of Salon Professional Hair Care: % Value 2019-2023
  • Table 80 LBN Brand Shares of Salon Professional Hair Care: % Value 2020-2023
  • Table 81 LBN Brand Shares of Premium Hair Care: % Value 2020-2023
  • Table 82 Forecast Sales of Hair Care by Category: Value 2023-2028
  • Table 83 Forecast Sales of Hair Care by Category: % Value Growth 2023-2028
  • Table 84 Forecast Sales of Hair Care by Premium vs Mass: % Value 2023-2028
MEN'S GROOMING IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Beard care and grooming a major trend supporting demand for men’s shaving
  • Men’s skin care gains ground as more men want to protect and nourish their skin
  • Styling gel loses ground to styling creams and modelling waxes in men’s hair care
PROSPECTS AND OPPORTUNITIES
  • Increase in numbers of men acting as direct selling agents presents opportunities
  • Barbershop culture set to remain highly influential on men’s grooming
  • Affordability a key factor set to underpin sales growth during the forecast period
CATEGORY DATA
  • Table 85 Sales of Men’s Grooming by Category: Value 2018-2023
  • Table 86 Sales of Men’s Grooming by Category: % Value Growth 2018-2023
  • Table 87 Sales of Men's Razors and Blades by Type: % Value Breakdown 2020-2023
  • Table 88 Sales of Men's Skin Care by Type: % Value Breakdown 2020-2023
  • Table 89 NBO Company Shares of Men’s Grooming: % Value 2019-2023
  • Table 90 LBN Brand Shares of Men’s Grooming: % Value 2020-2023
  • Table 91 LBN Brand Shares of Men's Razors and Blades: % Value 2020-2023
  • Table 92 Forecast Sales of Men’s Grooming by Category: Value 2023-2028
  • Table 93 Forecast Sales of Men’s Grooming by Category: % Value Growth 2023-2028
ORAL CARE IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Brands that represent good value the big winners as volume growth turns positive
  • Fortident’s sales decrease presents opportunities to smaller players
  • More specialised oral care brands benefit from more recommendations from dentists
PROSPECTS AND OPPORTUNITIES
  • Hard discounters set to spur growth in sales of less expensive oral care products
  • Power toothbrushes to maintain significant growth potential despite high prices
  • Denture care set to benefit from the ageing of the Ecuadorian population
CATEGORY DATA
  • Table 94 Sales of Oral Care by Category: Value 2018-2023
  • Table 95 Sales of Oral Care by Category: % Value Growth 2018-2023
  • Table 96 Sales of Toothbrushes by Category: Value 2018-2023
  • Table 97 Sales of Toothbrushes by Category: % Value Growth 2018-2023
  • Table 98 Sales of Toothpaste by Type: % Value Breakdown 2019-2023
  • Table 99 NBO Company Shares of Oral Care: % Value 2019-2023
  • Table 100 LBN Brand Shares of Oral Care: % Value 2020-2023
  • Table 101 Forecast Sales of Oral Care by Category: Value 2023-2028
  • Table 102 Forecast Sales of Oral Care by Category: % Value Growth 2023-2028
  • Table 103 Forecast Sales of Toothbrushes by Category: Value 2023-2028
  • Table 104 Forecast Sales of Toothbrushes by Category: % Value Growth 2023-2028
SKIN CARE IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Steady sales growth of Facial Care in Ecuador
  • L’Oréal’s revival in Ecuador underpins a revival for premium skin care overall
  • Dermocosmetics and “lookalike” dermo brands outperform mass brands in facial care
PROSPECTS AND OPPORTUNITIES
  • The rise of hard discounters expected to bring new dynamism to mass skin care
  • Ingredient-led products set to gain ground in skin care during the forecast period
  • The appeal of skin care starts to spread among younger consumers
CATEGORY DATA
  • Table 105 Sales of Skin Care by Category: Value 2018-2023
  • Table 106 Sales of Skin Care by Category: % Value Growth 2018-2023
  • Table 107 NBO Company Shares of Skin Care: % Value 2019-2023
  • Table 108 LBN Brand Shares of Skin Care: % Value 2020-2023
  • Table 109 LBN Brand Shares of Premium Skin Care: % Value 2020-2023
  • Table 110 Forecast Sales of Skin Care by Category: Value 2023-2028
  • Table 111 Forecast Sales of Skin Care by Category: % Value Growth 2023-2028
SUN CARE IN ECUADORKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Sales growth in sun care driven by higher awareness of the dangers of the sun
  • Dermocosmetics and value-added features key to stronger value growth in sun care
  • Brands invest in point-of-sale initiatives in an effort to boost sales growth
PROSPECTS AND OPPORTUNITIES
  • Ecuador’s high solar radiation set to boost the attractiveness of sun care
  • Visits to educational institutions to raise awareness of the need to use sun care
  • Offering sun care for different skin tones a key strategy to reach more consumers
CATEGORY DATA
  • Table 112 Sales of Sun Care by Category: Value 2018-2023
  • Table 113 Sales of Sun Care by Category: % Value Growth 2018-2023
  • Table 114 Sales of Sun Care by Premium vs Mass: % Value 2018-2023
  • Table 115 NBO Company Shares of Sun Care: % Value 2019-2023
  • Table 116 LBN Brand Shares of Sun Care: % Value 2020-2023
  • Table 117 LBN Brand Shares of Premium Adult Sun Care: % Value 2020-2023
  • Table 118 Forecast Sales of Sun Care by Category: Value 2023-2028
  • Table 119 Forecast Sales of Sun Care by Category: % Value Growth 2023-2028