Global Daily Products Market Size Study, by Product Type, by Distribution Channel, and Regional Forecasts 2022-2032

Description

The Global Daily Products Market was valued at approximately USD 1623.00 billion in 2023 and is expanding at a compound annual growth rate (CAGR) of about 8.2% from 2022 to 2032. The daily products industry encompasses a wide range of essential consumer goods utilized in everyday routines, from personal care items to household cleaning supplies, health and wellness products, pet supplies, office and stationery items, and more. This diverse market addresses the daily needs of consumers, offering convenience and solutions for maintaining personal hygiene, cleanliness, health, and overall well-being. The market encompasses a wide range of products such as personal care items, household cleaning supplies, and over-the-counter health products, each witnessing robust demand due to their essential nature.

Despite challenges such as supply chain disruptions and fluctuating demand, the daily products market presents substantial opportunities. The health and wellness sector expanded as consumers sought immunity-boosting supplements and natural alternatives. Innovations in packaging, clean ingredients, and sustainability gained momentum. Furthermore, the market for personalized and niche offerings grew, catering to diverse consumer preferences. Businesses in the daily products market must adapt to shifting consumer demands, embrace digital platforms, and integrate sustainable practices to succeed in this dynamic industry. Key drivers include the growing urban population, rising disposable incomes, and a heightened focus on hygiene and wellness, especially post-pandemic. The market is also characterized by intense competition among major players, who continuously strive to differentiate their products through improved formulations, sustainable packaging, and enhanced convenience. E-commerce platforms play a significant role in market dynamics, providing consumers with easy access to a diverse array of products and fostering competitive pricing. Additionally, environmental concerns are pushing companies towards eco-friendly and biodegradable product offerings. However, challenges such as fluctuating raw material prices and stringent regulatory standards can impact market growth. Overall, the Global Daily Products Market is poised for steady expansion, driven by innovation, consumer demand, and evolving market trends.

Key regions considered for the Global Daily Products Market study include North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The Asia-Pacific region is the leading and fastest-growing market in the Global Daily Products Market. This region's rapid expansion is driven by several factors, including a large and increasingly affluent population, urbanization, and rising disposable incomes, which fuel higher consumption of daily products. The growing middle class in countries like China and India is contributing to increased demand for personal care items, household cleaning products, and over-the-counter health products. Additionally, the rapid expansion of e-commerce and modern retail channels in the Asia-Pacific region enhances accessibility and convenience for consumers. The region is also experiencing a shift towards premium and innovative products, reflecting changing consumer preferences and a focus on quality. Moreover, North America is projected to registered fastest growth during the forecast period.

Major market players included in this report are:

Kao Corporation
Johnson & Johnson
Unilever PLC
The Procter & Gamble Company
Patanjali Ayurved Limited
Oriflame Cosmetics Global SA
Shiseido Company, Limited
L'Oreal S.A.
Avon Products, Inc.
The Estee Lauder Companies Inc.
Colgate-Palmolive Company
Reckitt Benckiser Group PLC
Henkel AG & Co. KGaA
Procter & Gamble
Beiersdorf AG

The detailed segments and sub-segments of the market are explained below:

By Product Type:

Personal Care
Household Cleaning Supplies
Home Care and Maintenance
Health and Wellness Products
Office and Stationery Supplies
Baby and Childcare Products
Pet Supplies

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Daily Products Market Executive Summary

1.1. Global Daily Products Market Size & Forecast (2022- 2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product Type
- 1.3.2. By Distribution Channel
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Daily Products Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Daily Products Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing global population
- 3.1.2. Rising personal disposable incomes
- 3.1.3. Growing health awareness
3.2. Market Challenges
- 3.2.1. Increasing demand for plant-based alternatives
- 3.2.2. Supply chain disruptions
- 3.2.3. Regulatory uncertainties
3.3. Market Opportunities
- 3.3.1. Expansion in developing nations
- 3.3.2. Technological advancements in product formulation
- 3.3.3. Growing e-commerce and direct-to-consumer channels

Chapter 4. Global Daily Products Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Daily Products Market Size & Forecasts by Product Type 2022-2032

5.1. Segment Dashboard
5.2. Global Daily Products Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Personal Care
- 5.2.2. Household Cleaning Supplies
- 5.2.3. Home Care and Maintenance
- 5.2.4. Health and Wellness Products
- 5.2.5. Office and Stationery Supplies
- 5.2.6. Baby and Childcare Products
- 5.2.7. Pet Supplies

Chapter 6. Global Daily Products Market Size & Forecasts by Distribution Channel 2022-2032

6.1. Segment Dashboard
6.2. Global Daily Products Market: Distribution Channel Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Supermarkets and Hypermarkets
- 6.2.2. Drugstores and Pharmacies
- 6.2.3. Department Stores
- 6.2.4. Online Grocery Stores
- 6.2.5. Discount Stores
- 6.2.6. Dollar Stores
- 6.2.7. Convenience Stores
- 6.2.8. Direct-to-Consumer (D2C)
- 6.2.9. Others

Chapter 7. Global Daily Products Market Size & Forecasts by Region 2022-2032

7.1. North America Daily Products Market
- 7.1.1. U.S. Daily Products Market
  - 7.1.1.1. Product Type breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Distribution Channel breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Daily Products Market
  - 7.1.2.1. Product Type breakdown size & forecasts, 2022-2032
  - 7.1.2.2. Distribution Channel breakdown size & forecasts, 2022-2032
7.2. Europe Daily Products Market
- 7.2.1. U.K. Daily Products Market
- 7.2.2. Germany Daily Products Market
- 7.2.3. France Daily Products Market
- 7.2.4. Spain Daily Products Market
- 7.2.5. Italy Daily Products Market
- 7.2.6. Rest of Europe Daily Products Market
7.3. Asia-Pacific Daily Products Market
- 7.3.1. China Daily Products Market
- 7.3.2. India Daily Products Market
- 7.3.3. Japan Daily Products Market
- 7.3.4. Australia Daily Products Market
- 7.3.5. South Korea Daily Products Market
- 7.3.6. Rest of Asia-Pacific Daily Products Market
7.4. Latin America Daily Products Market
- 7.4.1. Brazil Daily Products Market
- 7.4.2. Mexico Daily Products Market
- 7.4.3. Rest of Latin America Daily Products Market
7.5. Middle East & Africa Daily Products Market
- 7.5.1. Saudi Arabia Daily Products Market
- 7.5.2. South Africa Daily Products Market
- 7.5.3. Rest of Middle East & Africa Daily Products Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Kao Corporation
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Johnson & Johnson
- 8.3.3. Unilever PLC
- 8.3.4. The Procter & Gamble Company
- 8.3.5. Patanjali Ayurved Limited
- 8.3.6. Oriflame Cosmetics Global SA
- 8.3.7. Shiseido Company, Limited
- 8.3.8. L'Oreal S.A.
- 8.3.9. Avon Products, Inc.
- 8.3.10. The Estee Lauder Companies Inc.
- 8.3.11. Colgate-Palmolive Company
- 8.3.12. Reckitt Benckiser Group PLC
- 8.3.13. Henkel AG & Co. KGaA
- 8.3.14. Procter & Gamble
- 8.3.15. Beiersdorf AG

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes