Cosmetics Classification: Understanding the Importance for Regulation in Brazil via Novatrade
23 September 2024
Brazil is a country with a multicultural and diverse population, reflected in the variety of cosmetic products available in the market. Cosmetics are used by men and women of all ages and social classes, serving various purposes such as personal hygiene, beauty, skin and hair care, and even addressing health issues.
As a result, the cosmetics market in Brazil is a promising sector with significant growth potential. The population increase, income growth, and changes in consumption habits are factors expected to drive the industry in the coming years.
The Brazilian cosmetics sector is dominated by national companies, such as Natura, O Boticário, and Avon. However, international companies are also present in the market, such as L’Oréal, Unilever, and P&G.
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