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Other Health and Personal Care Stores Global Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Demand, Forecast, Mergers and Acquisitions
Other Health and Personal Care Stores Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $88.25 billion In 2028 At A CAGR Of 4.6% :
The other health and personal care stores market size has grown steadily in recent years. It will grow from $70.36 billion in 2023 to $73.64 billion in 2024 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to consumer health and wellness trends, aging population, alternative medicine, specialized offerings.
The other health and personal care stores market size is expected to see steady growth in the next few years. It will grow to $88.25 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. The growth in the forecast period can be attributed to e-commerce and online retail, personalized health and wellness, cb*d and cannabi*s products, natural and organic products, health monitoring devices. Major trends in the forecast period include e-commerce and online sales, personalization and customization, natural and organic products, holistic and alternative medicine.
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Other Health and Personal Care Stores Market Major Segments
The other health and personal care stores market covered in this report is segmented -
1) By Type: Convalescent Supply Stores, Prosthetic Stores, Hearing Aid Stores, Sick Room Supply Stores, Medical Equipment And Supplies Stores, Personal Mobility Scooter Dealers
2) By Category: Mass Products, Premium Products
3) By License: Branded, Brand Licensed, Unbranded
Key Driver - Surgical Procedures On The Rise Implications For Market Growth
There is an increased concentration of growth in the number of surgeries performed worldwide across the historic period. Many people lose their lives from conditions that require surgical care. According to a study published by The Lancet Commissions, if the LMICs were to scale up the surgery rate annually, then a minimum volume of 5000 operations per 100,000 population is expected to be fulfilled by about two-thirds of countries. The increase in the number of surgeries performed annually is expected to boost the market's growth as surgeries will increase the demand for growth of other health and personal care stores market supply.
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Prominent Trend - Retailing Reinvented Brands Expand Offerings In Health And Personal Care Stores
Major companies operating in other healthcare and personal care stores market are introducing new brands available in various stores to drive revenues in the market. The launch of Maude and Luna Daily at Sephora solidified the brands' positions in the sexual wellness and intimate care market and provided a valuable opportunity for Sephora to expand its offerings in the category. For instance, in April 2023, Maude, a US-based personal care brand and Luna Daily, a US-based body care brand introduced intimate care products from Maude and Luna Daily in over 260 stores at Sephora. Maude was the first sexual wellness brand to be stocked in Sephora's brick-and-mortar stores. Luna Daily was the first exclusive U.K. intimate care brand to launch at Sephora.
Other Health and Personal Care Stores Market Players
Major companies operating in the other health and personal care stores market include USANA Health Sciences Inc., Enzymatic Therapy Inc., Ajinomoto Health & Nutrition North America Inc., Super Supplements Inc., Herbalife Nutrition Ltd., Forever Living Products International Inc., TriVita Inc., Nature's Sunshine Products Inc., Integrated BioPharma Inc., CVS Health Corporation, Walgreens Boots Alliance Inc., Rite Aid Corporation, GNC Holdings Inc., The Vitamin Shoppe Inc., Sally Beauty Holdings Inc., Ulta Beauty Inc., Sephora USA Inc., Bath & Body Works LLC, Vitamin World Inc., PetSmart Inc., The Body Shop International Limited, Holland & Barrett Retail Limited, L'Occitane Inc., The Face Shop Co. Ltd., Kiehl's Since 1851 LLC, Lush Fresh Handmade Cosmetics Ltd., Vitamin Cottage Natural Food Markets Inc., Mother's Market & Kitchen Inc., Vitamin Shoppe Inc., Life Time Inc., Pharmaca Integrative Pharmacy Inc., Sprouts Farmers Market Inc., Planet Fitness Inc., New Seasons Market LLC, Smoothie King Franchises Inc., Juice It Up! Franchise Corporation, Massage Envy Franchising LLC, European Wax Center LLC, Equinox Holdings Inc.
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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the other health and personal care stores market in 2023. North America was the second-largest region in the other health and personal care stores market. The regions covered in the other health and personal care stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Other Health and Personal Care Stores Market Report Structure
3. Other Health and Personal Care Stores Market Trends And Strategies
4. Other Health and Personal Care Stores Market - Macro Economic Scenario
5. Other Health and Personal Care Stores Market Size And Growth
…..
27. Other Health and Personal Care Stores Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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