Press release
Toiletries Market Share & Size Analysis, Growth, Trends, Report, 2024-2032
The global toiletries market size was valued at USD 165.50 billion in 2023. The market is expected to expand from USD 173.33 billion in 2024 to USD 263.31 billion by 2032, exhibiting a CAGR of 5.37% over the study period.Toiletries are inclusive of products such as toothpaste, conditioner, deodorant, soap, and other items deployed for taking care of or cleaning the body. The surging consumers' inclination toward personal hygiene and grooming has bolstered the demand for toilet products, specifically among urban populations, fueling the market expansion.
The COVID-19 pandemic asserted both favorable and favorable influences on the market. Amid the initial phase, lockdowns and restrictions hindered manufacturing processes, resulting in a dearth of certain products. However, the market witnessed a considerable rise in demand for disinfectants, soaps, and hand sanitizers amid the pandemic as hygiene emerged as a top priority for consumers.
Fortune Business Insightsโข provides this information in its research report, titled "Toiletries Market, 2024-2032".
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ซ๐จ๐๐ก๐ฎ๐ซ๐:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/toiletries-market-110070
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐๐ง๐ญ๐ข๐จ๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ข๐ฅ๐๐ญ๐ซ๐ข๐๐ฌ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
โฃ Reckitt Benckiser Group (U.K.)
โฃ Unilever PLC (U.K.)
โฃ The Procter & Gamble Company (U.S.)
โฃ Kimberly-Clark Corporation (U.S.)
โฃ Beiersdorf AG (Germany)
โฃ L'Orรฉal S.A. (France)
โฃ Johnson & Johnson (U.S.)
โฃ Estee Lauder Companies, Inc. (U.S.)
โฃ HCP Wellness (India)
โฃ Shiseido Co. Ltd. (Japan)
โฃ LVMH Moรซt Hennessy (France)
โฃ The Somerset Toiletry Company (U.K.)
โฃ Kao Corporation (Japan)
โฃ Hunter Amenities (Canada)
โฃ Colgate-Palmolive (U.S.)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง: ๐๐จ๐ข๐ฅ๐๐ญ๐ซ๐ข๐๐ฌ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐
Presence of Various Formats of Bath & Toilet Products to Foster the Segment Growth
In terms of type, the market is segregated into hair care products, skincare products, bath & toilet products, and others. The bath & toilet products segment is slated to occupy the largest share during the forecast period on account of the availability of different formats of these products, such as liquids, foams, gels, and bars in this segment, which serve various consumer preferences.
Female Segment to Hold Leading Position Impelled by Utilization of Various Toiletries by Many Women
By end-user, the market is segmented into female and male. The female segment is expected to witness the largest toiletries market share during the forecast period, driven by the deployment of various toiletries by several women in their daily routines. This results in heightened and constant consumption rates for the products.
Testers Frequently Provided by Cosmetic Retail Outlets to Expedite the Offline Segment Expansion
In terms of distribution channel, the market is bifurcated into online and offline. The offline segment is anticipated to depict the largest market share during the forecast period, propelled by samples and product testers frequently offered by cosmetic retail outlets, which allow customers to experiment with new products while making well-informed choices.
On the basis of region, the market is divided into the Middle East & Africa, Asia Pacific, South America, North America, and Europe.
๐๐ฌ๐ค ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/toiletries-market-110070
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐:
The report includes:
โฃ Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
โฃ Comprehensive insights into regional developments.
โฃ List of major industry players.
โฃ Key strategies adopted by the market players.
โฃ Recent industry developments include product launches, partnerships, mergers, and acquisitions.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ:
Fast-pace Urbanization and Consumers' Lifestyle Changes to Propel Product Demand, Augmenting Market Expansion
The lifestyles of the urban population are often fast-paced, which results in a greater demand for time-saving and useful personal care products, such as cleansing wipes, multi-purpose toiletries, and shampoos. Quick urbanization is often related to a surge in economic opportunities and higher disposable incomes, which enable consumers to spend more on hygiene products and cosmetics.
Despite such opportunities for toiletries market growth, the tightening regulations coupled with compliance needs for ingredients and product formulations may hamper its expansion.
๐๐ฟ๐ผ๐๐๐ฒ ๐๐ฒ๐๐ฎ๐ถ๐น๐ฒ๐ฑ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐:
https://www.fortunebusinessinsights.com/toiletries-market-110070
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Asia Pacific Led Owing to Growing Significance of Personal Hygiene
The Asia Pacific market captured the largest share of the market in 2023, which can be credited to the rising significance of personal hygiene and grooming among youth in the Asia Pacific, specifically in countries including Indonesia and India. This factor boosts the demand for toilet products.
South America market growth can be ascribed to expanding e-commerce platforms, which provide suitable access to a broad range of toiletry products to consumers. The surging penetration of the internet coupled with smartphone use aids online shopping for products, especially among urban consumers, impelling the market growth.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
Key Players Emphasize Collaborations to Enhance their Retail Presence
The market is witnessing the incorporation of a wide array of competitive strategies by companies to outshine the competition. Acquisitions, joint ventures, and capacity expansions are some of them. Collaboration strategies are also being deployed by leading companies to boost their presence.
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Cosmetics Market
https://www.fortunebusinessinsights.com/cosmetics-market-102614
Wipes Market
https://www.fortunebusinessinsights.com/wipes-market-103288
Tissue Paper Market
https://www.fortunebusinessinsights.com/tissue-paper-market-102847
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
โข May 2024 - P&G's Pampers brand introduced its latest innovation, Swaddlers 360 diapers, designed to revolutionize and simplify diaper changes. Swaddlers 360 diapers ensure hassle-free changes with a stretchy, pull-on waistband and easy-tear sides.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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