The global beauty and personal care market size was USD 518.62 Billion in 2022 and is expected to register a revenue CAGR of 7.9% during the forecast period. Factors such as rising demand to integrate beauty and wellness, which aligns with the swift adoption of cosmeceuticals, rising trend in utilizing cutting-edge technologies such as Industry 4.0 integration, advancements in Beauty Tech, along with a rise in demand for personalized skincare and haircare are driving the beauty and personal care market revenue growth.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key companies operating in the Beauty and Personal Care market include:
Estée Lauder Inc., Unilever, L'Oréal, Shiseido, Kao Corporation, Procter & Gamble, Avon, Johnson & Johnson Services, Inc., Oriflame Cosmetics AG., Coty Inc., L’occitane Group, Beiersdorf, Kosé Corporation, Wella Company, Edgewell Personal Care, PDC Brands, Cosnova GmbH, Hermès, LVMH, and Puig among others
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Beauty and Personal Care market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
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Beauty and Personal Care Market Segmentation:
Beauty and Personal Care Market Segmentation by Regions:
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