Market Overview:
The global beauty and personal care market is expected to reach USD 724.8 billion by 2030, registering a CAGR of 5.5% during the forecast period 2018-2030. The skin care segment is anticipated to dominate the market throughout the forecast period, owing to increasing demand for anti-aging products and rising awareness about skin care among consumers across the globe. In terms of application, hypermarkets and retail chains are expected to hold a dominant position in the market during 2018-2030 due to easy availability of products at low prices as compared to other retail formats such as specialty stores or pharmacies.
Product Definition:
Beauty and personal care are important for a number of reasons. First, they make people feel good about themselves. When people feel good about themselves, they are more likely to be happy and successful. Second, beauty and personal care products can help people stay healthy. For example, sunscreen can protect skin from the sun's harmful rays. Finally, beauty and personal care products often have a social function. For example, makeup can help women look their best for special occasions.
Skin Care:
The global skin care market size was estimated at USD 90.0 billion in 2016 and is expected to witness a growth of 4.9% over the forecast period, which would bring it to USD 99.3 billion by 2018, growing at an estimated CAGR of XX% from 2017 to 2018 (5).
Skin care products are widely used across various application areas such as cosmetics, pharmaceuticals.
Hair Care:
Hair care products are the products that are used for improving, maintaining and restoring the health of hair. The global hair care market is expected to witness significant growth over the forecast period owing to increasing awareness among consumers regarding personal grooming and appearance. Increasing disposable income coupled with changing lifestyles has led to an increase in demand for various types of hair care products such as shampoos, conditioners, etc., which will drive market growth during the forecast period.
Application Insights:
The hypermarkets and retail chains segment led the global beauty and personal care market in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing consumer disposable income, changing lifestyle, growing population, rising employment rate, and shifting focus from work to life by using products that enhance their appearance.
Hypermarkets are majorly concentrated in developed economies such as U.K., Germany, France; whereas retail chains operate mainly in emerging economies such as China India Brazil etcetera. Increasing penetration of e-commerce has resulted in reduced footfall at brick-and-mortar stores which is anticipated to hamper the demand for beauty products over the forecast period thereby impacting market growth negatively.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the largest beauty and personal care markets such as China, India, South Korea, Japan, Hong Kong among others. Increasing purchasing power of consumers coupled with growing awareness about various products has been fueling regional growth.
The Asia Pacific was followed by North America which accounted for a share of more than 20% in terms of revenue in 2017 owing to high demand for skin care products along with increasing spending on hair care cosmetics. Europe also held a significant share due to growing demand from countries like Germany and U.K.
Growth Factors:
- Increasing disposable income of consumers: The growth in the beauty and personal care market is mainly attributed to the increasing disposable income of consumers, especially in developing countries. Rising consumer demand for premium and innovative products is also contributing to the growth of this market.
- Urbanization and changing lifestyles: The growing trend of urbanization has led to an increase in the demand for beauty and personal care products, as people are becoming more conscious about their appearance and want to look good at all times. Additionally, changing lifestyles have resulted in increased demand for convenience-based products such as those that can be used while travelling or on-the-go.
- Proliferation of social media: Social media platforms have emerged as powerful marketing tools for beauty and personal care brands, with users sharing images and reviews of these products online extensively. This has helped create awareness about new brands and product launches among consumers, thus driving sales growths for these companies.
- . Growing popularity of natural/organic ingredients: There is a growing trend among consumers towards using natural/organic ingredients in beauty and personal care products, due to concerns over potential health risks associated with synthetic chemicals present in many conventional formulations . This is providing opportunities for manufacturers offering such products to grow their businesses rapidly . 5.. Increased focus on R&D by players: To stay ahead of competitionand tap into new markets segments , leading players are investing heavilyin research & development (R&D) activities aimed at developing innovative
Scope Of The Report
Report Attributes
Report Details
Report Title
Beauty and Personal Care Market Research Report
By Type
Skin Care, Hair Care, Oral Care, Color Cosmetics and Makeup, Fragrances and Deodorants, Soaps and Shower Gel, Sun Care Products, Others
By Application
Hypermarkets and Retail Chains, Specialty Stores, Pharmacies, E-Commerce
By Companies
L’Oreal, Unilever, Procter & Gamble, Estee Lauder, Shiseido, Beiersdorf, Amore Pacific, Avon, Johnson & Johnson, Kao, Chanel, LVMH, Coty, Clarins, Natura Cosmeticos, Revlon, Pechoin, JALA Group, Shanghai Jawha
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Beauty and Personal Care Market Report Segments:
The global Beauty and Personal Care market is segmented on the basis of:
Types
Skin Care, Hair Care, Oral Care, Color Cosmetics and Makeup, Fragrances and Deodorants, Soaps and Shower Gel, Sun Care Products, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hypermarkets and Retail Chains, Specialty Stores, Pharmacies, E-Commerce
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- L’Oreal
- Unilever
- Procter & Gamble
- Estee Lauder
- Shiseido
- Beiersdorf
- Amore Pacific
- Avon
- Johnson & Johnson
- Kao
- Chanel
- LVMH
- Coty
- Clarins
- Natura Cosmeticos
- Revlon
- Pechoin
- JALA Group
- Shanghai Jawha
Highlights of The Beauty and Personal Care Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Skin Care
- Hair Care
- Oral Care
- Color Cosmetics and Makeup
- Fragrances and Deodorants
- Soaps and Shower Gel
- Sun Care Products
- Others
- By Application:
- Hypermarkets and Retail Chains
- Specialty Stores
- Pharmacies
- E-Commerce
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Beauty and Personal Care Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Beauty and personal care products are items used to improve the appearance or well-being of a person. These products may include cosmetics, haircare, skin care, and body care items.
Some of the key players operating in the beauty and personal care market are L’Oreal, Unilever, Procter & Gamble, Estee Lauder, Shiseido, Beiersdorf, Amore Pacific, Avon, Johnson & Johnson, Kao, Chanel, LVMH, Coty, Clarins, Natura Cosmeticos, Revlon, Pechoin, JALA Group, Shanghai Jawha.
The beauty and personal care market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Beauty and Personal Care Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Beauty and Personal Care Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Beauty and Personal Care Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Beauty and Personal Care Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Beauty and Personal Care Market Size & Forecast, 2020-2028
4.5.1 Beauty and Personal Care Market Size and Y-o-Y Growth
4.5.2 Beauty and Personal Care Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Skin Care
5.2.2 Hair Care
5.2.3 Oral Care
5.2.4 Color Cosmetics and Makeup
5.2.5 Fragrances and Deodorants
5.2.6 Soaps and Shower Gel
5.2.7 Sun Care Products
5.2.8 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hypermarkets and Retail Chains
6.2.2 Specialty Stores
6.2.3 Pharmacies
6.2.4 E-Commerce
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Beauty and Personal Care Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Beauty and Personal Care Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Skin Care
9.6.2 Hair Care
9.6.3 Oral Care
9.6.4 Color Cosmetics and Makeup
9.6.5 Fragrances and Deodorants
9.6.6 Soaps and Shower Gel
9.6.7 Sun Care Products
9.6.8 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hypermarkets and Retail Chains
9.10.2 Specialty Stores
9.10.3 Pharmacies
9.10.4 E-Commerce
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Skin Care
10.6.2 Hair Care
10.6.3 Oral Care
10.6.4 Color Cosmetics and Makeup
10.6.5 Fragrances and Deodorants
10.6.6 Soaps and Shower Gel
10.6.7 Sun Care Products
10.6.8 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hypermarkets and Retail Chains
10.10.2 Specialty Stores
10.10.3 Pharmacies
10.10.4 E-Commerce
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Skin Care
11.6.2 Hair Care
11.6.3 Oral Care
11.6.4 Color Cosmetics and Makeup
11.6.5 Fragrances and Deodorants
11.6.6 Soaps and Shower Gel
11.6.7 Sun Care Products
11.6.8 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hypermarkets and Retail Chains
11.10.2 Specialty Stores
11.10.3 Pharmacies
11.10.4 E-Commerce
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Skin Care
12.6.2 Hair Care
12.6.3 Oral Care
12.6.4 Color Cosmetics and Makeup
12.6.5 Fragrances and Deodorants
12.6.6 Soaps and Shower Gel
12.6.7 Sun Care Products
12.6.8 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hypermarkets and Retail Chains
12.10.2 Specialty Stores
12.10.3 Pharmacies
12.10.4 E-Commerce
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Skin Care
13.6.2 Hair Care
13.6.3 Oral Care
13.6.4 Color Cosmetics and Makeup
13.6.5 Fragrances and Deodorants
13.6.6 Soaps and Shower Gel
13.6.7 Sun Care Products
13.6.8 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hypermarkets and Retail Chains
13.10.2 Specialty Stores
13.10.3 Pharmacies
13.10.4 E-Commerce
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Beauty and Personal Care Market: Competitive Dashboard
14.2 Global Beauty and Personal Care Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 L’Oreal
14.3.2 Unilever
14.3.3 Procter & Gamble
14.3.4 Estee Lauder
14.3.5 Shiseido
14.3.6 Beiersdorf
14.3.7 Amore Pacific
14.3.8 Avon
14.3.9 Johnson & Johnson
14.3.10 Kao
14.3.11 Chanel
14.3.12 LVMH
14.3.13 Coty
14.3.14 Clarins
14.3.15 Natura Cosmeticos
14.3.16 Revlon
14.3.17 Pechoin
14.3.18 JALA Group
14.3.19 Shanghai Jawha
