Global leading Fragrance Manufacturer in Colombia
Since its foundation, LATAM has always been on the company’s radar. It was only a matter of time before the company sets foot on this buzzing market. In, 2000, Iberchem opened its first facility in Bogota, Colombia, followed by Mexico D.C. in 2009. In 2023 the company opened a third centre in São Paulo, Brazil.
Iberchem Colombia is home to the largest Iberchem’s creative centre and production plant in LATAM and is one of the main distribution centres for Iberchem fragrances in neighbouring countries such us Ecuador, Peru, Honduras, Dominican Republic…
Colombia is one of the fastest growing countries in the cosmetics industry in Latin America, due to growing consumer interest in colour cosmetics (make-up). According to Mordor Itelligence, the Colombian cosmetics market is expected to grow at a CAGR of 8.24% during the forecast period (2023-2028).
Fragrances and cosmetics market in Colombia
The Colombian market is experiencing a shift in consumer preferences, with the production of fragrances and cosmetics using agricultural products from the country and natural raw materials such as coffee and cocoa, avocado oil and coconut butter.
In recent years, two clear trends have emerged in the country: one, and with great promise, is the use of CBD as a raw material for cosmetic products due to its proven benefits for body care. On the other hand, there is a growing interest in fragrances of Arabic origin, with an important increase in demand in the recent years.