San Francisco, 28 March 2019: The Report Beauty and Personal Care Products Market Analysis Report By Product (Makeup &
Cosmetics, Skin Care, Hair Care), By Distribution Channel, By Type (Vegan,
Organic, Inorganic), And Segment Forecasts, 2018 - 2025
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.
Access Research Report of Beauty & Personal Care Products
Market @ https://www.grandviewresearch.com/industry-analysis/beauty-personal-care-products-market
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: https://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
·
Europe
·
Asia Pacific
·
South America
·
Middle East & Africa (MEA)
Access Press Release of
Beauty & Personal Care Products Market@ https://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.
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