Press release
Toiletries Market 2020 Expected To Reach Highest CAGR: Reckitt Benckiser Group, Unilever, Henkel AG & Co, Beiersdorf AG
The Business Research Company
The toiletries market is expected to grow from $223.1 billion in 2019 to $223.4 billion in 2020 at a compound annual growth rate (CAGR) of 0.2%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of % from 2021 and reach $221.6 billion in 2023.
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The toiletries manufacturing market consists of the 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 demand for products with halal certified ingredients is growing. Various chemical companies are manufacturing products which comply with international halal standard HAS 23000. For example chemical company BASF announced that 145 of its products for personal care comply with international halal standard HAS 23000.
Toiletries Market Segmentation:
By Type
1. Lotions (Including Sunscreens)
2. Hair Preparations
3. Face Creams
4. Perfumes
5. Shaving Preparations
6. Other Cosmetic Preparations
By Distribution Channel
1. Hypermarkets/Supermarkets
2. E-Commerce
3. Pharmacy Stores
4. Others
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Toiletries Market Characteristics
4. Toiletries Market Product Analysis
5. Toiletries Market Supply Chain
……
20. Key Mergers And Acquisitions In The Toiletries Market
21. Market Background: Chemicals Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
The report covers the trends and market dynamics of the toiletries market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the toiletries market are Reckitt Benckiser Group, Unilever, Henkel AG & Co, Beiersdorf AG
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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