San
Francisco, 29 November 2018, The
global beauty and personal care products market size is anticipated to reach
USD 716.6 billion by 2025, according to a new report by Grand View Research,
registering a CAGR of 5.9% during the forecast period. Growing preference for
natural and organic personal care (NOPC) products, increasing adoption of
Augmented Reality (AR) in the beauty industry, growing demand for anti - aging
products, and increasing popularity of men’s grooming products are some of the
key factors that are expected to drive the market over the forecast period.
AR uses face and skin - mapping
technology to show how products would look on individual consumers before they
purchase them. Thus, they need not visit a physical store nor try the products
on, thus saving time and making purchase process more convenient.
Growing awareness about health,
wellness, and personal grooming and appearance among men is projected to
account for a rise in the demand for men’s grooming products. This, in turn, is
expected to boost the growth of the market over the forecast period. A variety
of men’s toiletries are now available in the market, such as deodorants, hair
care, and skin care products, and bath and shower products. Furthermore, the
skin care/sun care product segment expanded at a moderate CAGR from 2014 to
2017 owing to increasing aging population and growing awareness about
advantages of using anti - aging products.
The Asia Pacific market
accounted for the largest share of the market in 2017. It is expected to
witness a significant gain in revenue share over the forecast period on account
of its large population and the popularity of the e - commerce distribution
channel across various industries in this region. Additionally, Japan, China,
and India are expected to be the key contributors to the growth of the organic
products segment in the region over the forecast period.
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Report On Beauty And Personal Care Products Market Analysis:
Further key findings from the report suggest:
·
The demand for the beauty and
personal care products market is expected to increase owing to rising aging
population and growing consciousness to maintain youthful skin and a good
appearance. The skin care/sun care segment is expected to register the highest
CAGR of 6.2% over the forecast period
·
The U.S., China, Japan, India,
and Mexico are expected to witness considerable growth over the forecast period
owing to robust industrial development and extensive urbanization
·
The key players in this market
include Avon Products, Inc.; Beiersdorf AG; Coty Inc.; Kao Corporation;
L’occitane International S.A.; L’Oréal Group; Procter & Gamble; Mary Kay
Inc.; Shiseido Company, Limited; Unilever Revlon, Inc.; and The Estée Lauder
Companies Inc.
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/personal-care-and-cosmetics
Grand View Research has segmented the
global beauty and personal care products market on the basis of product,
distribution channel, type, and region.
Beauty and Personal Care
Product Outlook (Revenue, USD Billion; 2014 - 2025)
·
Skin Care/Sun Care
·
Hair Care
·
Makeup & Color Cosmetic
Products
·
Deodorants/Fragrances
·
Others
Beauty and Personal Care
Products Distribution Channel Outlook (Revenue, USD Billion; 2014 - 2025)
·
Direct Selling
·
Hypermarkets & Retail
Chains
·
E - commerce
·
Specialty Stores
·
Others
Beauty and Personal Care
Products Type Outlook (Revenue, USD Billion; 2014 - 2025)
·
Vegan
·
Organic
·
Inorganic
Beauty and Personal Care
Products Regional Outlook (Revenue, USD Billion; 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
Germany
o
U.K.
o
France
o
Italy
o
Spain
·
Asia Pacific
o
China
o
Japan
o
India
·
South America
o
Brazil
o
Columbia
·
Middle East & Africa (MEA)
o
South Africa
o
Saudi Arabia
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-beauty-personal-care-products-market
www.grandviewresearch.com/press-release/global-beauty-personal-care-products-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/
