The Argentina skincare market is suggested to have reached a value of around ARS 1.45 billion by the beginning of 2007, and is estimated to have hit a valuation of just over ARS 1.6 billion in 2012. From here the industry is predicted to reach a total in 2017 of around ARS 1.9 billion.
Between 2007 and 2012 the Argentina skincare market grew at a CAGR of 2.27%, and is predicted to increase marginally to a CAGR of 2.95% for the forecast period of 2012 and 2017. In terms of categories, 'Facial Care' is the leading sector, with the 'Body Care' sector a distant second. The fastest growing category in Argentina's skincare market is forecast to be the 'Depilatories' sector, which is predicted to grow at a CAGR of 3.27% during the forecast period.
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