PUBLISHER: TechNavio | PRODUCT CODE: 1544338
PUBLISHER: TechNavio | PRODUCT CODE: 1544338
The beauty and personal care products market is forecasted to grow by USD 50.9 bn during 2023-2028, accelerating at a CAGR of 4.37% during the forecast period. The report on the beauty and personal care products market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing popularity of anti-pollution skincare products, convenient digital payment options, and rise in demand for men's personal care products.
Technavio's beauty and personal care products market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.12% |
CAGR | 4.37% |
Incremental Value | $50.9 bn |
By Product
By Channel
By Geographical Landscape
This study identifies the emergence of beauty and personal care products with natural ingredients as one of the prime reasons driving the beauty and personal care products market growth during the next few years. Also, collaboration of vendors with salons and spas and introduction of brands owned and endorsed by celebrities will lead to sizable demand in the market.
The report on the beauty and personal care products market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading beauty and personal care products market vendors that include AMOREPACIFIC Group Inc., Avon Products, Beiersdorf AG, Chanel Ltd., Coty Inc., Edgewell Personal Care Co., Helios Lifestyle Pvt Ltd., Johnson and Johnson Services Inc., Kao Corp., LOreal SA, LVMH Group., Natura and Co Holding SA, Oriflame Cosmetics S.A., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Companies Inc., The Procter and Gamble Co., Unilever PLC, and VI JOHN GROUP. Also, the beauty and personal care products market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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