Guatemala: Growing Cosmetics Industry

The production and export of cosmetics and fragrances in Guatemala is growing steadily, so much so that more than $100 million worth has bee exported so far this year.

The main destinations for the products are Central America countries, which account for 84% of the country's export supply. Standing out as the main buyer is El Salvador, followed by Nicaragua and Honduras.

There are 50 companies engaged in the marketing of these products in the country, who expect sales abroad to continue increasing in the coming years.

An article in s21.com.gt notes: "due to a rise in the foreign market of Guatemalan cosmetics, the Exporters Association of Guatemala has created a special commission for the industry, explained the coordinator of the board of the commission, Evelyn Gutiérrez ".

Source: sigloxxi.com

More on this topic

The Cosmetics Industry in Guatemala

February 2012

Guatemalan cosmetics producers are organizing themselves in order to increase their exports to the Dominican Republic and Central America by 20%.

The beauty products industry, comprised of over 15 companies, aims to increase exports by 20% in order to reach $300 million. Last year $250 million worth of items were sold.

Guatemala: Perfumes Lead Cosmetics Exports

August 2010

Cosmetics exports within Central America increased 7.6% in the first five months of the year, led by perfumes.

Perfumes make up between 40% and 50% of all cosmetics sold abroad.

Though hardly a magnificent year, there was not the negative trend of last year and importers showed confidence.

Brazilian Cosmetics Firm Lands in Guatemala

December 2009

Brazilian company Natura will enter the Guatemalan market through an association with national company Jaqueline Carol.

Natura's products fall in the following categories, as reported by Prensalibre.com: "makeup, perfume, face treatment, body care, body oils, hair care, soaps, baby, infant, deodorants and other".

$18 Million Investment in El Salvador

November 2009

Three textile companies and a cosmetics distributor will begin operations in the country before year-end.

Textile companies Apparel Production Services (APS), Supertex, Darlington Fabrics and cosmetics distributor Arabela Logistics will generate some 2.500 direct jobs, remarked Alexander Segovia, presidential secretary.