| Product Code: ETC5076478 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Barbados continues to see a steady inflow of skincare creams and lotions from top exporting countries such as the USA, UK, Trinidad and Tobago, Turkey, and Panama. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the past four years stands at a healthy 8.53%. The high Herfindahl-Hirschman Index (HHI) in 2024 indicates a concentrated market, suggesting a strong competitive landscape. This data underscores the consistent demand for quality skincare products in Barbados and the importance of maintaining diversified import sources.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Barbados Skincare Creams and Lotions Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Skincare Creams and Lotions Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Skincare Creams and Lotions Market - Industry Life Cycle |
3.4 Barbados Skincare Creams and Lotions Market - Porter's Five Forces |
3.5 Barbados Skincare Creams and Lotions Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Barbados Skincare Creams and Lotions Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Barbados Skincare Creams and Lotions Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness about skincare and beauty products |
4.2.2 Increasing disposable income among the population |
4.2.3 Rising demand for natural and organic skincare products |
4.2.4 Tourism industry driving demand for skincare products |
4.2.5 Influence of social media and influencers promoting skincare products |
4.3 Market Restraints |
4.3.1 High import duties on skincare products affecting pricing |
4.3.2 Limited availability of locally sourced natural ingredients |
4.3.3 Competition from international skincare brands |
4.3.4 Economic fluctuations impacting consumer spending |
4.3.5 Regulatory challenges in product registration and compliance |
5 Barbados Skincare Creams and Lotions Market Trends |
6 Barbados Skincare Creams and Lotions Market Segmentations |
6.1 Barbados Skincare Creams and Lotions Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Skincare Creams and Lotions Market Revenues & Volume, By Face Cream, 2021-2031F |
6.1.3 Barbados Skincare Creams and Lotions Market Revenues & Volume, By Body Lotion, 2021-2031F |
6.2 Barbados Skincare Creams and Lotions Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Barbados Skincare Creams and Lotions Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 Barbados Skincare Creams and Lotions Market Revenues & Volume, By Supermarket & Hypermarket, 2021-2031F |
6.2.4 Barbados Skincare Creams and Lotions Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.5 Barbados Skincare Creams and Lotions Market Revenues & Volume, By Others, 2021-2031F |
7 Barbados Skincare Creams and Lotions Market Import-Export Trade Statistics |
7.1 Barbados Skincare Creams and Lotions Market Export to Major Countries |
7.2 Barbados Skincare Creams and Lotions Market Imports from Major Countries |
8 Barbados Skincare Creams and Lotions Market Key Performance Indicators |
8.1 Percentage increase in online searches for skincare products in Barbados |
8.2 Growth in the number of local skincare brands in the market |
8.3 Number of skincare product endorsements by local influencers |
8.4 Consumer satisfaction levels with locally produced skincare products |
8.5 Increase in the number of skincare product retailers in Barbados |
9 Barbados Skincare Creams and Lotions Market - Opportunity Assessment |
9.1 Barbados Skincare Creams and Lotions Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Barbados Skincare Creams and Lotions Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Barbados Skincare Creams and Lotions Market - Competitive Landscape |
10.1 Barbados Skincare Creams and Lotions Market Revenue Share, By Companies, 2024 |
10.2 Barbados Skincare Creams and Lotions Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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