Personal Care Products Market 2022 Size with Top Countries Industry Chain Structure, Competitive Landscape, Future Trends, New Projects and Forecasts up to 2027

MarketIintelligenceData recently published a research report called Personal Care Products Market. Primary and secondary research methods were used to construct this report. The Analysis was derived using history and predictions. The report includes an in-depth study of geographic regions, revenue forecasts, segmentation, and market share.

The global Personal Care Products Market is expected to flourish in terms of volume and value over the forecast period. The report provides an understanding of the various drivers, threats, opportunities, and limitations of the market. Analysts have used SWOT and Porter’s Five Forces Analysis to determine the impact of these factors on market growth during the forecast period.

The Global Personal Care Products Market Size is Projected to Reach at a CAGR of 10% during 2022-2027.

Market Overview

A major issue faced by the manufacturers during the COVID-19 situation was the disrupted supply chains, especially for cosmetics, for during the lockdown, countries closed their borders or raised trade barriers. As a result, manufacturers and exporters were facing high competition to export their goods. Furthermore, the on-premise sales through supermarkets and convenience stores witnessed a decline due to the subsequent lockdowns and the closure of retail stores, as individuals have been practising social distancing measures and avoiding gatherings and outings. However, the sales through online retail channels majorly supported the market penetration.
The improving quality of life, the positive effects of beauty and personal care on self-esteem and social interaction, and the gradual consumer shift toward premium and luxury cosmetic brands are a few factors that are likely to propel the market growth during the forecast period.

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Global Personal Care Products Market Analysis Report Top Companies: 

Unilever, P&G, L'Oreal, Estee Lauder, Kao, Johnson & Johnson, Colgate Palmolive

Recent Developments

In May 2020, with stores closed, M·A·C Cosmetics expanded AR (Augmented Reality) try-on for its e-commerce website. Its AR try-on tool comes at a time when shopping habits and the retail environment continue to change post-COVID-19 shutdowns. The company is hoping that its AR-play will be used as an omnichannel tool moving forward. The tool is available for lip and eye products, and the company is expanding the feature to its other range of products.
In July 2019, Procter & Gamble Co. launched a new line of hair care products under the brand “My Black Beautiful” in Europe. The products include its hydrating sulfate-free shampoo, fortifying conditioner, and Tangle Slayer conditioning creams (two variants).
In April 2019, Unilever acquired the Fluocaril and Parogencyl oral care brands from Procter & Gamble. Fluocaril and Parogencyl are well-known therapeutics brands sold in pharmacies, primarily in France and Spain.

Personal Care Products Market Segmentation by Type:

Skincare
Haircare
Personal Hygiene
Make-up
Fragrance
Oral Hygiene
Others

Personal Care Products Market Segmentation by Application:

Men
Women
Children

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Regional Personal Care Products Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

Asia-Pacific Emerges as the Fastest Growing Region

In the Asia-Pacific region, countries, like China, India, and Vietnam present considerable growth opportunities for the market players, primarily due to the growing millennial population. Amid the growing prevalence of hair thinning, loss of volume, dryness, and several other hair-related concerns among consumers, hair care products are emerging as the most affluent and cost-effective way. Unilever retained its market leadership in India, aided by the strong performance of its flagship brands, such as Dove and Sunsilk, while Patanjali Ayurved recorded the fastest growth rate in terms of sales.

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Highlights of the Personal Care Products Market Report:

Detailed overview of Personal Care Products Market
Changing the Personal Care Products market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Personal Care Products market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Personal Care Products Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

We Offer Customization on Report Based on Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point.

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