Market forecast By Products (Personal Care Products (Hair Care Products, Skin Care Products, Bath and Shower, Oral Care, Men’s Grooming Products And Others), Cosmetics/Make-Up Products (Facial Cosmetics, Eye Cosmetic Products, Lip and Nail Make-Up Products, Hair Styling and Coloring Products And Others), By Gender (Men, Women), By Distribution Channels (Direct Selling, Hypermarkets & Retail Chain, E-Commerce, Specialty Stores And Others), By Regions (North America, Latin America,Europe, Asia-Pacific And Middle East & Africa) By Key Countries And Competitive Landscape.
Product Code: ETC001369 | Publication Date: Nov 2019 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
Global Personal Care and Cosmetics Market report thoroughly covers the market by products, gender, distribution channel and regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The global market for cosmetics and personal care products has grown significantly, and this trend is anticipated to continue in the years to come. Products for skincare, hair care, makeup, fragrances, and personal hygiene are just a few of the many items available on the market. This industry, which offers a variety of beauty solutions, is vital in helping individuals feel more confident and good about themselves.
According to 6Wresearch, Global Personal Care and Cosmetics Market size is expected to grow at a significant CAGR of 5.7% during 2025-2031. The market for cosmetics and personal care products is expanding globally due to a number of causes. The growing popularity of sustainable and clean beauty products is one major motivator. Customers are moving toward natural, organic, and eco-friendly products as they become more conscious of the substances in the skincare and haircare products they use. The increasing focus on sustainability and transparency is changing the dynamics of the market. The increase in sales of multipurpose cosmetic products is also being attributed to a growing need for convenience in self-care regimens. These goods satisfy changing customer needs while accommodating hectic lifestyles with efficiency and efficacy.
Moreover, technical developments and creative product compositions are driving market expansion. The assimilation of novel technology, like customized skincare remedies and digital try-ons, amplifies the customer encounter and stimulates curiosity in inventive merchandise. Businesses who take advantage of these developments to provide distinctive, personalized solutions will be in a strong position to draw in and hold on to clients in a cutthroat industry. It is anticipated that the personal care and cosmetics business will continue to be shaped by this emphasis on innovation and customer involvement.
The personal care and cosmetics business faces a number of obstacles despite its potential for expansion. The growing competition from fake and subpar goods is one of the main problems. These goods damage the reputation and financial success of respectable companies in addition to endangering the health of consumers. Because it damages brand reputation and undermines consumer trust, counterfeiting is still a serious problem. Strict laws in some areas can also be a barrier to innovation and expansion, especially when it comes to ingredient safety and product testing. Although these rules are necessary to safeguard consumers, they may also make it more difficult for new items to enter the market and impede the development of cutting-edge ones. Maintaining industry growth requires striking a balance between the need for innovation and regulatory compliance.
L'Oréal S.A., The Estée Lauder Companies Inc., Unilever PLC, Procter & Gamble Co., Shiseido Company Limited, Johnson & Johnson Services Inc., Coty Inc., Avon Products Inc., Kao Corporation, and Beiersdorf AG are some of the major companies in the worldwide personal care and cosmetics sector. These businesses are leading the way in industry innovation, making significant investments in R&D to launch innovative new products. Along with improving their market reach and capabilities, they are also concentrated on growing their worldwide footprint through smart collaborations and acquisitions. These market leaders want to hold onto their competitive advantages and increase their share of the expanding personal care and cosmetics market by continuously enhancing their product offerings and reaching out to new markets.
The personal care and cosmetics business is being regulated by a number of programs and laws being implemented by governments across the globe, with a particular emphasis on consumer safety, transparency, and reducing environmental impact. For example, the European Union (EU) imposes stringent rules through its Cosmetic Regulation, which requires stringent safety testing prior to product marketing and prohibits certain dangerous substances. Only items that comply with safety regulations make it to customers thanks to this regulatory structure. Similar to this, other areas are creating and implementing their own laws to deal with particular regional issues including ingredient safety and environmental sustainability. These actions are indicative of a global movement towards tighter regulation in the personal care and cosmetics industry.
Governments are pushing sustainability and moral business practices in the industry in addition to regulations. This include promoting fair labor standards, supporting the use of environmentally friendly packaging, and helping to reduce carbon footprints. In response, businesses are investing in green technologies and implementing more sustainable practices. These programs seek to meet the growing demand from consumers for ethical and responsible companies in addition to safeguarding consumers and the environment. In order to be competitive and compliant in the global market, businesses need to adjust to the changing regulations and evolving expectations of consumers.
With rising demand for natural and sustainable products, technological breakthroughs like 3D printing and artificial intelligence for product development, and the growth of e-commerce, the worldwide personal care and cosmetics market appears to have a bright future. As more firms cater to a greater range of skin tones and cosmetic demands, the industry is also witnessing a change towards inclusivity and diversity. There will be a growing demand for openness and ethical behavior in the sector as customers gain more knowledge about ingredients and their impacts.
In summary, the global market for cosmetics and personal care products is expected to develop in the future due to a combination of changing customer preferences, technological advancements, and strict government regulations. The future of the industry is being shaped by the growing emphasis on sustainability, natural ingredients, and diversity, which is creating a desire for creative and morally-driven products. Companies will have lots of chances for growth and distinction if they adopt these trends and make use of new technologies. The market's emphasis on ethical behavior and customer-focused strategies highlights how much room it has for growth and innovation in the future.
According to Dhaval, Research Manager, 6Wresearch, in the global market for personal care and cosmetics, the skincare category is now the largest and increasing at the quickest rate. This is explained by the rise in popularity of natural and organic skincare products, the growing awareness of skin health, and the increasing demand for anti-aging products.
The global market for cosmetics and personal care products is dominated by the women's segment, which is predicted to continue holding a sizable proportion in the years to come. This long-lasting trend is fueled by the continual need for feminine-focused beauty and personal care products, which reflects shifting consumer tastes and industry market dynamics.
The convenience and growing popularity of online purchasing have led to a notable growth in the e-commerce sector. Additionally, e-commerce lowers the barrier to entry for smaller firms, increasing competition and diversifying the product line. Technology breakthroughs have allowed e-commerce platforms to provide clients a customized shopping experience, which has further fueled the industry's growth.
Global personal care and cosmetics market report provide a detailed analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Personal Care and Cosmetics Market Overview |
3.1 Global Personal Care and Cosmetics Market Revenues, 2021-2031F |
3.2 Global Personal Care and Cosmetics Market Revenue Share, By-Products, 2021 & 2031F |
3.3 Global Personal Care and Cosmetics Market Revenue Share, By Gender, 2021 & 2031F |
3.4 Global Personal Care and Cosmetics Market Revenue Share, By Distribution Channels, 2021 & 2031F |
3.5 Global Personal Care and Cosmetics Market Revenue Share, By Regions, 2021 & 2031F |
3.6 Global Personal Care and Cosmetics Market Industry Life Cycle |
3.7 Global Personal Care and Cosmetics Market- Porter’s Five Forces, 2031 |
4 Global Personal Care and Cosmetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Personal Care and Cosmetics Market Trends |
6 Global Personal Care and Cosmetics Market Overview, By-Products |
6.1 Global Personal Care and Cosmetics Market Revenues, By Personal Care Products, 2021-2031F |
6.1.1 Global Personal Care and Cosmetics Market Revenues, By Hair Care Products, 2021-2031F |
6.1.2 Global Personal Care and Cosmetics Market Revenues, By Skin Care Products, 2021-2031F |
6.1.3 Global Personal Care and Cosmetics Market Revenues, By Bath and Shower, 2021-2031F |
6.1.4 Global Personal Care and Cosmetics Market Revenues, By Oral Care, 2021-2031F |
6.1.5 Global Personal Care and Cosmetics Market Revenues, By Men’s Grooming Products, 2021-2031F |
6.1.6 Global Personal Care and Cosmetics Market Revenues, By Others, 2021-2031F |
6.2 Global Personal Care and Cosmetics Market Revenues, By Cosmetics/Make-Up Products, 2021-2031F |
6.2.1 Global Personal Care and Cosmetics Market Revenues, By Facial Cosmetics, 2021-2031F |
6.2.2 Global Personal Care and Cosmetics Market Revenues, By Eye Cosmetic Products, 2021-2031F |
6.2.3 Global Personal Care and Cosmetics Market Revenues, By Lip and Nail Make-Up Products, 2021-2031F |
6.2.4 Global Personal Care and Cosmetics Market Revenues, By Hair Styling and Coloring Products, 2021-2031F |
6.2.5 Global Personal Care and Cosmetics Market Revenues, By Others, 2021-2031F |
7 Global Personal Care and Cosmetics Market Overview, By Gender |
7.1 Global Personal Care and Cosmetics Market Revenues, By Men, 2021-2031F |
7.2 Global Personal Care and Cosmetics Market Revenues, By Women, 2021-2031F |
8 Global Personal Care and Cosmetics Market Overview, By Distribution Channels |
8.1 Global Personal Care and Cosmetics Market Revenues, By Direct Selling, 2021-2031F |
8.2 Saudi Arabia Personal Care and Cosmetics Market Revenues, By Hypermarkets & Retail Chain, 2021-2031F |
8.3 Global Personal Care and Cosmetics Market Revenues, By E-Commerce, 2021-2031F |
8.4 Global Personal Care and Cosmetics Market Revenues, By Specialty Stores, 2021-2031F |
8.5 Global Personal Care and Cosmetics Market Revenues, By Others, 2021-2031F |
9 North America Personal Care and Cosmetics Market Overview |
9.1 North America Personal Care and Cosmetics Market Revenues, 2021-2031F |
9.2 North America Personal Care and Cosmetics Market Revenues, By Products, 2021-2031F |
9.3 North America Personal Care and Cosmetics Market Revenues, By Gender, 2021-2031F |
9.4 North America Personal Care and Cosmetics Market Revenues, By Distribution Channels, 2021-2031F |
9.5 North America Personal Care and Cosmetics Market Revenues, By Countries, 2021-2031F |
10 APAC Personal Care and Cosmetics Market Overview |
10.1 APAC Personal Care and Cosmetics Market Revenues, 2021-2031F |
10.2 APAC Personal Care and Cosmetics Market Revenues, By Products, 2021-2031F |
10.3 APAC Personal Care and Cosmetics Market Revenues, By Gender, 2021-2031F |
10.4 APAC Personal Care and Cosmetics Market Revenues, By Distribution Channels, 2021-2031F |
10.5 APAC Personal Care and Cosmetics Market Revenues, By Countries, 2021-2031F |
11 Europe Personal Care and Cosmetics Market Overview |
11.1 Europe Personal Care and Cosmetics Market Revenues, 2021-2031F |
11.2 Europe Personal Care and Cosmetics Market Revenues, By Products, 2021-2031F |
11.3 Europe Personal Care and Cosmetics Market Revenues, By Gender, 2021-2031F |
11.4 Europe Personal Care and Cosmetics Market Revenues, By Distribution Channels, 2021-2031F |
11.5 Europe Personal Care and Cosmetics Market Revenues, By Countries, 2021-2031F |
12 Latin America Personal Care and Cosmetics Market Overview |
12.1 Latin America Personal Care and Cosmetics Market Revenues, 2021-2031F |
12.2 Latin America Personal Care and Cosmetics Market Revenues, By Products, 2021-2031F |
12.3 Latin America Personal Care and Cosmetics Market Revenues, By Gender, 2021-2031F |
12.4 Latin America Personal Care and Cosmetics Market Revenues, By Distribution Channels, 2021-2031F |
12.5 Latin America Personal Care and Cosmetics Market Revenues, By Countries, 2021-2031F |
13 the Middle East & Africa Personal Care and Cosmetics Market Overview |
13.1 the Middle East & Africa Personal Care and Cosmetics Market Revenues, 2021-2031F |
13.2 the Middle East & Africa Personal Care and Cosmetics Market Revenues, By Products, 2021-2031F |
13.3 the Middle East & Africa Personal Care and Cosmetics Market Revenues, By Gender, 2021-2031F |
13.4 the Middle East & Africa Personal Care and Cosmetics Market Revenues, By Distribution Channels, 2021-2031F |
13.5 the Middle East & Africa Personal Care and Cosmetics Market Revenues, By Countries, 2021-2031F |
14 Global Personal Care and Cosmetics Market - Key Performance Indicators |
15 Global Personal Care and Cosmetics Market Opportunity Assessment |
15.1 Global Personal Care and Cosmetics Market Opportunity Assessment, By-Products, 2031F |
15.2 Global Personal Care and Cosmetics Market Opportunity Assessment, By Gender, 2031F |
15.3 Global Personal Care and Cosmetics Market Opportunity Assessment, By Distribution Channels, 2031F |
16 Global Personal Care and Cosmetics Market Competitive Landscape |
16.1 Global Personal Care and Cosmetics Market Revenue Share, By Companies, 2024 |
16.1.1 North America Personal Care and Cosmetics Market Revenue Share, By Companies, 2024 |
16.1.2 Latin America Personal Care and Cosmetics Market Revenue Share, By Companies, 2024 |
16.1.3 Europe Personal Care and Cosmetics Market Revenue Share, By Companies, 2024 |
16.1.4 Asia-Pacific Personal Care and Cosmetics Market Revenue Share, By Companies, 2024 |
16.1.5 the Middle East & Africa Personal Care and Cosmetics Market Revenue Share, By Companies, 2024 |
16.2 Global Personal Care and Cosmetics Market Competitive Benchmarking, By Operating Parameters |
17 Company Profiles |
30 Strategic Recommendations |
19 Disclaimer |