Latino consumers have an outsized impact on the market for health and beauty care (HBC) products in the United States. Over the past decade, spending by Latino consumers on personal care products grew more than 40%, nearly three times faster than among non-Latino consumers. By 2015 Latinos will make up 20% of 18- to 49-year-olds, an age group that is critically important to HBC marketers. The approach of Hispanic shoppers to selecting and using HBC products is based on enduring cultural factors, and these factors apply to both genders. One of the most distinctive features of the Hispanic consumer market is that it includes a substantial segment of high-volume users of HBC products. This brief white paper draws from our report on The Latino Health and Beauty Care Shopper. Related Reports: Baby Food and Babycare Supplies: U.S. Market TrendsFeb 7, 2013 - LA4873737 - $3,750.00 Hispanic Foods and Beverages in the U.S., 5th Edition Nov 27, 2012 - LA3932559 - $3,500.00 Consumer Payments in the U.S.: The Latino Market Aug 27, 2012 - LA4868646 - $3,995.00 White Paper: Latinos as Name Brand Household Cleaner and Laundry Product Shoppers Jul 10, 2012 - LA3957222 - $0.00 The Nail Care Market in the U.S.: Retail Products and Professional Services Jun 27, 2012 - LA6488979 - $3,000.00 Ethnic Hair, Skin, and Cosmetics Products in the U.S., 8th Edition Jun 8, 2012 - LA6690874 - $3,995.00 Cosmeceuticals in the U.S, 6th Edition Apr 20, 2012 - LA6281775 - $3,750.00 Antioxidant Products in the U.S.: Foods, Beverages, Supplements and Personal Care Apr 1, 2012 - LA3811532 - $3,300.00 Upscale Latino Consumers in the U.S. Feb 1, 2012 - LA6488963 - $3,850.00 Natural and Organic Personal Care Products in the U.S., 5th Edition Dec 1, 2011 - LA6168595 - $3,750.00 |
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The Latino Health and Beauty Care Shopper
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