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The global market for cosmetics and hygiene products is expected to grow from its 2022 estimate of $518.69 billion at a CAGR (compound annual growth rate) of 9.7 percent between 2023 and 2030.
Consumers' rising self-awareness about their physical presentation is a fundamental driver of the market. More and more millennial women are prioritizing skin care, color cosmetics, and hair care items as part of their daily grooming routines. The market has grown thanks in part to the introduction of organic and natural cosmetics made with non-hazardous ingredients.
Market leaders, followers, and disruptors are all assessed in terms of their revenue to see who will benefit and who will suffer from the COVID-19 ban. Because lockdown was implemented differently in different countries and regions, its impacts also differed according to geography and population. When planning regional expansion, corporate leaders can consider the report's assessment of the market's near- and long-term prospects.
The availability of these cosmetics in a wide range of retail outlets, including department stores, pharmacies, and beauty salons, has fueled the growth of the market in terms of revenue. In addition, the increased attention of male customers on skin care and grooming to enhance their physical appearance and take better care of their skin is projected to give great potential for growth. Rising investments in research and development (R&D) for novel goods also contribute to the growth of the market.
Companies have increased their offerings and distribution of vegan, organic, natural, and eco-friendly cosmetics in response to expanding consumer demand. In June of 2021, for instance, the United States received the organic beauty line from the French company SO'BiO étic. This line was designed to give healthy and environmentally friendly cosmetics. Products from this company do not include any of the following: glycol, parabens, silicones, nanoparticles, polyethylene glycol (PEG), or chemical filters.
It's possible that the skin won't react well to some of the chemicals used in cosmetics and toiletries. Similarly, excessive use of haircare products containing harsh chemicals can result in hair problems like hair fall, premature greying, dryness, and loss of luster. There are a number of challenges that traditional cosmetics and hygiene products must overcome. The growing awareness among buyers about the possible dangers of utilizing these items is a major factor.
An increasing number of people throughout the world understand the importance of investing in one's physical appearance, which is helping to fuel the expansion of the global market for beauty and personal care goods. The elderly feel a heightened urgency to conceal their age and maintain a youthful appearance. Because of this rise in population, the market will grow. Market expansion is predicted to be hampered by escalating raw material and packaging prices over the projected period.
In terms of total market revenue, the skincare subsegment of the cosmetics and personal care sector contributed 33.6% in 2022. As more and more people seek out alternatives to synthetic chemicals, such as herbal and plant-based cosmetics. Anti-aging, wrinkle-reduction, acne-prevention, spot-lightening, and overall skin health and youth maintenance are just some of the uses for skin care products. These benefits explain why the skincare market is growing.
Report Coverage
Global Beauty And Personal Care Products research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Beauty And Personal Care Products report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Beauty And Personal Care Products competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Beauty And Personal Care Products market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Beauty And Personal Care Products market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Beauty And Personal Care Products market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
L’oreal Group, Unilever, Beiersdorf AG, Mary Kay, Avon, Kao Corporation, Revlon, The Estée Lauder Companies, L’occitane International S.A, Procter & Gamble, Coty Inc, Sally Beauty Holdings Inc, LVMH Moet Hennessy Louis Vuitton SA, Shiseido, Colgate-Palmolive Company., Kao Corporation, L’occitane International S.A, Shiseido Company, Limited;, Church & Dwight Co. Inc., Henkel AG & Co. KGaA, Johnson & Johnson, Koninklijke Philips NV.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Beauty And Personal Care Products market based on the below-mentioned segments:
Global Beauty And Personal Care Products Market, By Type
Conventional
Organic
Global Beauty And Personal Care Products market, By Product
Skin Care
Hair Care
Color Cosmetics
Fragrances
Others
Global Beauty And Personal Care Products Market, By Distribution Channel
Hypermarkets & Supermarkets
Specialty Stores
E-commerce
Others
Global Beauty And Personal Care Products market, Regional Analysis
Consumers' rising self-awareness about their physical presentation is a fundamental driver of the market. More and more millennial women are prioritizing skin care, color cosmetics, and hair care items as part of their daily grooming routines. The market has grown thanks in part to the introduction of organic and natural cosmetics made with non-hazardous ingredients.
Market leaders, followers, and disruptors are all assessed in terms of their revenue to see who will benefit and who will suffer from the COVID-19 ban. Because lockdown was implemented differently in different countries and regions, its impacts also differed according to geography and population. When planning regional expansion, corporate leaders can consider the report's assessment of the market's near- and long-term prospects.
The availability of these cosmetics in a wide range of retail outlets, including department stores, pharmacies, and beauty salons, has fueled the growth of the market in terms of revenue. In addition, the increased attention of male customers on skin care and grooming to enhance their physical appearance and take better care of their skin is projected to give great potential for growth. Rising investments in research and development (R&D) for novel goods also contribute to the growth of the market.
Companies have increased their offerings and distribution of vegan, organic, natural, and eco-friendly cosmetics in response to expanding consumer demand. In June of 2021, for instance, the United States received the organic beauty line from the French company SO'BiO étic. This line was designed to give healthy and environmentally friendly cosmetics. Products from this company do not include any of the following: glycol, parabens, silicones, nanoparticles, polyethylene glycol (PEG), or chemical filters.
It's possible that the skin won't react well to some of the chemicals used in cosmetics and toiletries. Similarly, excessive use of haircare products containing harsh chemicals can result in hair problems like hair fall, premature greying, dryness, and loss of luster. There are a number of challenges that traditional cosmetics and hygiene products must overcome. The growing awareness among buyers about the possible dangers of utilizing these items is a major factor.
An increasing number of people throughout the world understand the importance of investing in one's physical appearance, which is helping to fuel the expansion of the global market for beauty and personal care goods. The elderly feel a heightened urgency to conceal their age and maintain a youthful appearance. Because of this rise in population, the market will grow. Market expansion is predicted to be hampered by escalating raw material and packaging prices over the projected period.
In terms of total market revenue, the skincare subsegment of the cosmetics and personal care sector contributed 33.6% in 2022. As more and more people seek out alternatives to synthetic chemicals, such as herbal and plant-based cosmetics. Anti-aging, wrinkle-reduction, acne-prevention, spot-lightening, and overall skin health and youth maintenance are just some of the uses for skin care products. These benefits explain why the skincare market is growing.
Report Coverage
Global Beauty And Personal Care Products research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Beauty And Personal Care Products report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Beauty And Personal Care Products competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Beauty And Personal Care Products market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | L’oreal Group, Unilever, Beiersdorf AG, Mary Kay, Avon, Kao Corporation, Revlon, The Estée Lauder Companies, L’occitane International S.A, Procter & Gamble, Coty Inc, Sally Beauty Holdings Inc, LVMH Moet Hennessy Louis Vuitton SA, Shiseido, Colgate-Palmolive Company., Kao Corporation, L’occitane International S.A, Shiseido Company, Limited;, Church & Dwight Co. Inc., Henkel AG & Co. KGaA, Johnson & Johnson, Koninklijke Philips NV. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Beauty And Personal Care Products Market from 2021 to 2030.
- Market Forecast for Beauty And Personal Care Products Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Beauty And Personal Care Products competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Beauty And Personal Care Products
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Beauty And Personal Care Products market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Beauty And Personal Care Products market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
L’oreal Group, Unilever, Beiersdorf AG, Mary Kay, Avon, Kao Corporation, Revlon, The Estée Lauder Companies, L’occitane International S.A, Procter & Gamble, Coty Inc, Sally Beauty Holdings Inc, LVMH Moet Hennessy Louis Vuitton SA, Shiseido, Colgate-Palmolive Company., Kao Corporation, L’occitane International S.A, Shiseido Company, Limited;, Church & Dwight Co. Inc., Henkel AG & Co. KGaA, Johnson & Johnson, Koninklijke Philips NV.
Primary Target Market
- Market Players of Beauty And Personal Care Products
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Beauty And Personal Care Products market based on the below-mentioned segments:
Global Beauty And Personal Care Products Market, By Type
Conventional
Organic
Global Beauty And Personal Care Products market, By Product
Skin Care
Hair Care
Color Cosmetics
Fragrances
Others
Global Beauty And Personal Care Products Market, By Distribution Channel
Hypermarkets & Supermarkets
Specialty Stores
E-commerce
Others
Global Beauty And Personal Care Products market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive beauty and personal care products market market research and competitor analysis for your business to help you develop more profound insights into the beauty and personal care products market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the beauty and personal care products market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.