Dublin, June 10, 2021 (GLOBE NEWSWIRE) -- The "Toiletries Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with critical information they need to assess the global toiletries market as it emerges from the COVID-19 shut down.
The global toiletries market is expected to grow from $190.14 billion in 2020 to $218.8 billion in 2021 at a compound annual growth rate (CAGR) of 15.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $286.86 billion in 2025 at a CAGR of 7%.
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Where is the largest and fastest growing market for the toiletries? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Toiletries market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider toiletries market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The toiletries market section of the report gives context. It compares the toiletries market with other segments of the chemicals market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, toiletries indicators comparison.
Major companies in the toiletries market include Reckitt Benckiser Group; Unilever; Henkel AG & Co and Beiersdorf AG.
The toiletries market consists of sales of toiletries by entities (organizations, sole traders or partnerships) that prepare, blend, compound, and package toilet preparations, such as perfumes, shaving preparations, hair preparations, face creams, lotions (including sunscreens), and other petroleum based cosmetic preparations. The toiletries market is segmented into lotions (including sunscreens); hair preparations; face creams; perfumes; shaving preparations and other cosmetic preparations.
Asia Pacific was the largest region in the global toiletries market, accounting for 39% of the market in 2020. North America was the second largest region accounting for 26% of the global toiletries market. Africa was the smallest region in the global toiletries market.
Companies are focusing on manufacturing of toiletries based on natural and organic products due to increased awareness of consumers about the hazards due to the usage of synthetic materials. Toiletries are the products focused on consumer hygiene and beatification. Companies are producing products with high rate of transparency in ingredients, packaging and sustainability as the end users are opting healthy lifestyle. Natural and Organic Products are obtained from plant extracts, vegetable and essential oils with higher levels of vitamin C and essential minerals such as calcium, magnesium, iron and chromium and are eco-friendly. For instance, in 2018, L'Oreal Professionnel has launched "Botanea" a 100% Herbal based natural Hair Color in Western Europe.
Strict regulations by government agencies on the use of certain ingredients in manufacturing cosmetics is expected to act as a key restraint on the market. These ingredients are prohibited due to their toxicity and possible skin diseases due to their use. The EU Cosmetics Regulations lists substances that cannot be used and also those that can be used only in specified circumstances. Similarly, the US Food and Drug Administration (FDA) prohibit or restrict a list of ingredients in cosmetics. These prohibited substances include bithionol, chloroform, mercury compounds, methylene chloride, vinyl chloride and chlorofluorocarbon propellants.
The aging population is expected to be a growth driver for this market. Sales of products such as anti-aging creams and peels, wrinkle-reducing moisturizers, and other anti-aging topical treatments are expected to increase. Apart from this, older women usually have more disposable income than younger women. This will make it easier for them to spend more on cosmetics. According to the World Population Ageing 2019 report, there were 703 million people over the age of 65 in 2019 and this is expected to increase to 1.5 billion in 2050. This is expected to increase the demand for various cosmetic products, especially cosmetics with pharmaceutical capabilities, thus driving the toiletries market going forward.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Toiletries Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Toiletries Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Toiletries Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Toiletries Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Toiletries Market Trends And Strategies
8. Impact Of COVID-19 On Toiletries
9. Toiletries Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Toiletries Market Regional Analysis
10.1. Global Toiletries Market, 2020, By Region, Value ($ Billion)
10.2. Global Toiletries Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global Toiletries Market, Growth And Market Share Comparison, By Region
11. Toiletries Market Segmentation
12. Toiletries Market Metrics
12.1. Toiletries Market Size, Percentage Of GDP, 2015-2025, Global
12.2. Per Capita Average Toiletries Market Expenditure, 2015-2025, Global
13. Asia-Pacific Toiletries Market
14. Western Europe Toiletries Market
15. Eastern Europe Toiletries Market
16. North America Toiletries Market
17. South America Toiletries Market
18. Middle East Toiletries Market
19. Africa Toiletries Market
20. Toiletries Market Competitive Landscape
20.1. Competitive Market Overview
20.2. Market Shares
20.3. Company Profiles
20.3.1. Reckitt Benckiser Group
20.3.1.1. Company Overview
20.3.1.2. Products And Services
20.3.1.3. Strategy
20.3.1.4. Financial Performance
20.3.2. Unilever
20.3.2.1. Company Overview
20.3.2.2. Products And Services
20.3.2.3. Strategy
20.3.2.4. Financial Performance
20.3.3. Henkel AG & Co
20.3.3.1. Company Overview
20.3.3.2. Products And Services
20.3.3.3. Strategy
20.3.3.4. Financial Performance
20.3.4. Beiersdorf AG
20.3.4.1. Company Overview
20.3.4.2. Products And Services
20.3.4.3. Strategy
20.3.4.4. Financial Performance
21. Key Mergers And Acquisitions In The Toiletries Market
22. Market Background: Chemicals By End Use Market
22.1. Chemicals By End Use Market Characteristics
22.2. Chemicals By End Use Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F Growth, By Segment, Value ($ Billion), Global
22.3. Global Chemicals By End Use Market, 2020, By Region, Value ($ Billion)
22.4. Global Chemicals By End Use Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
22.5. Global Chemicals By End Use Market, 2015-2020, 2020-2025F, 2030F, Segmentation By Type, Value ($ Billion)
23. Recommendations
23.1. Global Toiletries Market In 2025- Growth Countries
23.2. Global Toiletries Market In 2025- Growth Segments
23.3. Global Toiletries Market In 2025- Growth Strategies
24. Appendix
24.1. NAICS Definitions Of Industry Covered In This Report
24.2. Abbreviations
24.3. Currencies
24.4. Research Inquiries
24.5. The Publisher
25. Copyright And Disclaimer
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