img: Buenos Aires

BUENOS AIRES

Argentina


28 May 2020

11.30AM, local time (UTC -3)
Buenos Aires

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With a Gross Domestic Product (GDP) of approximately US$450 billion, Argentina is one of the largest economies in Latin America. Argentina has vast natural resources in energy and agriculture. Within its 2.8 million square kilometres of territory, Argentina is endowed with extraordinary fertile lands, gas and lithium reserves, and has great potential for renewable energy.

Before the Covid-19 Argentina beauty industry was expected to register a CAGR of 7.21%, during the forecast period, 2020 - 2025. Forecasters believe that Argentinian economy will begin to show signs of recovery, with a slight improvement in real wages, and most of the beauty and personal care categories will register growth in retail volume sales.

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