Dublin, June 03, 2024 (GLOBE NEWSWIRE) -- The "Global Beauty & Personal Care Market (By Category, Channel & Region): Insights & Forecast (2024-2028)" report has been added to ResearchAndMarkets.com's offering.
The global beauty & personal care market is forecasted to reach US$682.93 billion in 2028, experiencing growth at a CAGR of 5.31% during the period spanning from 2024 to 2028.
Growth in the global beauty & personal care market is supported by factors such as rapid urbanization, rise in disposable income, rising Gen Z population, rising e- commerce sales, increasing popularity of men's grooming products, rising social media influence, and rising consumer awareness. However, the market growth is expected to be restrained by lack of regulations, dynamic nature of the industry and threat from counterfeit beauty and personal care products.
The global beauty & personal care market by category can be segmented as follows: skincare, makeup, hair care, oral care, bath & shower, fragrances, deodorants and other beauty & personal care products. In 2023, the dominant share of global beauty & personal care market was held by skincare, followed by makeup, and hair care. The global beauty & personal care market by channel can be segmented as follows: offline and online. In 2023, the dominant share of global beauty & personal care market was held by offline segment, followed by online. The global beauty & personal care market by region can be segmented as follows: Asia Pacific, Americas, Europe, Middle East & Africa and Australia/ Oceania. In 2023, the dominant share of global beauty & personal care market was held by Asia Pacific, followed by Americas.
The outbreak of the novel COVID-19 pandemic led to widespread stores closure leading to weak sales of beauty products. sanitizers and cleaning agents witnessed huge growth while the market saw an upsurge in the online sales for beauty and personal care products.
Scope of the report
- The report provides a comprehensive analysis of the global beauty & personal care market
- The major regional markets (Asia Pacific, Americas, Europe, Middle East & Africa and Australia/ Oceania) have been analyzed.
- The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
- The competitive landscape of the market, along with company profiles of leading players are also presented in detail.
- The Procter & Gamble Company
- L'Oreal
- Unilever
- The Estee Lauder Companies
- Beiersdorf and Shiseido
Key Topics Covered:
1. Market Overview
1.1 Beauty & Personal Care
1.2 Categories of Beauty & Personal Care
1.3 Benefits of Beauty & Personal Care
1.4 Disadvantages of Beauty & Personal Care
2. Impact of COVID-19
2.1 Impact of COVID-19 on Global Beauty & Personal Care Market
2.2 Rising Dermocosmetic Segment
2.3 Increased Growth in Bath & Shower Segment
2.4 Increased Online Sales
2.5 Do-it-yourself (DIY) Trend
2.6 Post-COVID Scenario
3. Global Market Analysis
3.1 Global Beauty & Personal Care Market by Value
3.2 Global Beauty & Personal Care Market Forecast by Value
3.3 Global Beauty & Personal Care Market by Category
3.4 Global Skincare Market by Type
3.5 Global Hair Care Market by Type
3.6 Global Make Up/ Colour Cosmetics Market by Type
3.7 Global Oral Care Market by Type
3.8 Global Other Beauty & Personal Care Market by Type
3.9 Global Beauty & Personal Care Market by Channel
3.10 Global Beauty & Personal Care Market by Region
4. Regional Market Analysis
4.1 Asia Pacific
4.2 Americas
4.3 Europe
4.4 Middle East
4.5 Australia/ Oceania
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rapid Urbanization
5.1.2 Rising Disposable Income
5.1.3 Rising Gen Z Population
5.1.4 Rising E-commerce Sales
5.1.5 Increasing Popularity of Men's Grooming Product
5.1.6 Rising Social Media Influence
5.1.7 Rising Consumer Awareness
5.2 Key Trends and Developments
5.2.1 Developing Preference for Organic Beauty Products
5.2.2 Increasing Premiumisation
5.2.3 Increasing Adoption of Augmented Reality (AR)
5.2.4 Rising Use of Dermocosmetics
5.2.5 Product Personalization
5.2.6 Gender Neutral Beauty Products
5.1.7 Sustainable Beauty and Personal Care Products
5.2.8 Search Engine Marketing
5.1.9 Brand Collaboration
5.3 Challenges
5.3.1 Lack of Regulations
5.3.2 Dynamic Industry
5.3.3 Threat from Counterfeit Beauty And Personal Care Products
6. Competitive Landscape
6.1 Global Market
6.1.1 Market Share - Key Players
7. Company Profiles
- The Estee Lauder Companies
- Unilever
- Shiseido Company
- The Procter & Gamble Company
- L'Oreal
- Beiersdorf
For more information about this report visit https://www.researchandmarkets.com/r/l4bv2a
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