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Beauty and Personal Care Products Market Expected to Hit a Valuation of USD 802.6 Billion During 2025-2033, CAGR of 4.2%

12-10-2024 07:14 AM CET | Consumer Goods & Retail

Press release from: IMARC Group

Beauty and Personal Care Products Market

Beauty and Personal Care Products Market

The latest report by IMARC Group, titled "๐๐ž๐š๐ฎ๐ญ๐ฒ ๐š๐ง๐ ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐‚๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž (๐‚๐จ๐ง๐ฏ๐ž๐ง๐ญ๐ข๐จ๐ง๐š๐ฅ, ๐Ž๐ซ๐ ๐š๐ง๐ข๐œ), ๐๐ซ๐จ๐๐ฎ๐œ๐ญ (๐’๐ค๐ข๐ง ๐‚๐š๐ซ๐ž, ๐‡๐š๐ข๐ซ ๐‚๐š๐ซ๐ž, ๐‚๐จ๐ฅ๐จ๐ซ ๐‚๐จ๐ฌ๐ฆ๐ž๐ญ๐ข๐œ๐ฌ, ๐…๐ซ๐š๐ ๐ซ๐š๐ง๐œ๐ž๐ฌ, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐๐ซ๐ข๐œ๐ข๐ง๐  (๐Œ๐š๐ฌ๐ฌ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ, ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ), ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ (๐’๐ฎ๐ฉ๐ž๐ซ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ ๐š๐ง๐ ๐‡๐ฒ๐ฉ๐ž๐ซ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ, ๐’๐ฉ๐ž๐œ๐ข๐š๐ฅ๐ญ๐ฒ ๐’๐ญ๐จ๐ซ๐ž๐ฌ, ๐„-๐œ๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ (๐Œ๐š๐ฅ๐ž, ๐…๐ž๐ฆ๐š๐ฅ๐ž), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘," offers a comprehensive analysis of the beauty and personal care products market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

The global beauty and personal care products market size reached ๐”๐’๐ƒ ๐Ÿ“๐Ÿ๐Ÿ—.๐Ÿ“ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’. Looking forward, IMARC Group expects the market to reach ๐”๐’๐ƒ ๐Ÿ–๐ŸŽ๐Ÿ.๐Ÿ” ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘, exhibiting a ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐š๐ญ๐ž (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ’.๐Ÿ% during 2025-2033.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/beauty-personal-care-products-market/requestsample

๐๐ž๐š๐ฎ๐ญ๐ฒ ๐š๐ง๐ ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐‚๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ:

โ€ข ๐‘๐ข๐ฌ๐ž ๐จ๐Ÿ ๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ฅ๐ž ๐š๐ง๐ ๐‚๐ฅ๐ž๐š๐ง ๐๐ž๐š๐ฎ๐ญ๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ

In the cosmetic and personal care industry there is an increasing preference for almost entirely green and non-toxic products. Due to the increase of understanding in the aspects surrounding sustainability and personal care, businesses have no choice but to pursue clean beauty formulations that use clean formulas, non-destructive materials for packaging.

Millenials and Gen Z don't trust the brands and thus demand to ensure transparency in the supply chain and production of their products, which forces the companies to change their behavior. Their incorporation into the range of mid-market offers enabled to improve the brand's trustworthiness and even brought about investments, which contributed to the expansion of the market. Sustainability is no longer a hot topic but a shared value that fuels new product development and marketing.

โ€ข ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐จ๐Ÿ ๐ƒ๐ข๐ ๐ข๐ญ๐š๐ฅ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐„-๐‚๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ž

Digital platforms and e-commerce are changing the ways consumers look for and buy beauty and personal care products. The pandemic more than anything added to the ongoing trend of consumers shopping online, and brands have evolved to now address the need of providing an easy-to-use, customized online setting. Advanced tools with the use of AI, such as virtual try on, cosmetic aids, and discounting strategies, led to increased interest of consumers that subsequently caused increased confidence in online shopping.

Social networking sites such as Instagram, Tiktok and Youtube are also a strong marketing tool as influencers and content created by the user have a large influence on the purchase. This technological change has increased the scope of the market, allowing more tiny and niche players to compete with big and established companies globally.

โ€ข ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐„๐ฆ๐ฉ๐ก๐š๐ฌ๐ข๐ฌ ๐จ๐ง ๐‡๐จ๐ฅ๐ข๐ฌ๐ญ๐ข๐œ ๐–๐ž๐ฅ๐ฅ๐ง๐ž๐ฌ๐ฌ ๐š๐ง๐ ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง

The interplay between beauty and wellness is an important market driver, signifying the transition from end-user utility to health sustenance. Now, consumers look for items that improve their mental, emotional, and physical functionalities which creates demand for all in one product that is driven by science. Custom beauty regimes according to distinct skin types and ailments and preferences of the individual have become popular with the use of AI and Big Data analytics.

Companies have started providing such specific services and formulating such products or compositions towards these requirements thereby deepening customer-retention. This integrative approach corresponds with the growing expectations of clients regarding openness and genuineness allowing sustainable development of the market.

๐๐ž๐š๐ฎ๐ญ๐ฒ ๐š๐ง๐ ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐‚๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The fusion of technology, inclusivity and sustainability is set to revolutionize the beauty & personal care space. With that said, consumers will naturally place better focus on brands that retain the same ethical and environmental responsibility standards as they do. Thanks to AI and machine learning, more tailored solutions can now be offered in the consumer experience to suit individual needs. A major factor in this will be the inclusivity element, where brands will expand their offering to appeal to more products for a greater variety of skin colors, hair textures and regardless of culture. Aside from this, biotechnological advancements are also aiding the cause whereby all sorts of anti-aging and microbiome-skincare products are being produced.

In terms of growth, digital platforms are just as important as any other, for instance AR virtual try ons enhance the entire shopping experience along with live shopping events. The clean beauty sector tends to dominate as more and more brands begin to practice a cruelty free vegan formula alongside sustainable packaging. On top of this, the idea of beauty within wellness - sleep, stress relief and the enhancement of the immune system has significantly become a hot commodity among consumers. The intertwining of these various trends means that the market will only grow, where innovative and authentic brands will excel within this new and exciting change.

๐€๐ฌ๐ค ๐ญ๐จ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ: https://www.imarcgroup.com/request?type=report&id=6030&flag=C

๐๐ž๐š๐ฎ๐ญ๐ฒ ๐š๐ง๐ ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐‚๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐“๐ฒ๐ฉ๐ž:

โ€ข Conventional
โ€ข Organic

๐‚๐จ๐ง๐ฏ๐ž๐ง๐ญ๐ข๐จ๐ง๐š๐ฅ dominates the market.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ:

โ€ข Skin Care
โ€ข Hair Care
โ€ข Color Cosmetics
โ€ข Fragrances
โ€ข Others

๐’๐ค๐ข๐ง ๐œ๐š๐ซ๐ž holds the largest share of the industry.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐๐ซ๐ข๐œ๐ข๐ง๐ :

โ€ข Mass Products
โ€ข Premium Products

๐Œ๐š๐ฌ๐ฌ ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ represent the leading market segment.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ:

โ€ข Supermarkets and Hypermarkets
โ€ข Specialty Stores
โ€ข E-commerce
โ€ข Others

๐’๐ฎ๐ฉ๐ž๐ซ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ ๐š๐ง๐ ๐ก๐ฒ๐ฉ๐ž๐ซ๐ฆ๐š๐ซ๐ค๐ž๐ญ๐ฌ exhibit a clear dominance in the market.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ:

โ€ข Male
โ€ข Female

๐…๐ž๐ฆ๐š๐ฅ๐ž dominates the market.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

โ€ข North America (USA, Canada)
โ€ข Europe (Germany, France, UK, Italy, Spain, Russia, others)
โ€ข Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
โ€ข Middle East/Africa
โ€ข Latin America (Brazil, Mexico, others)

๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ leads the market, accounting for the largest beauty and personal care products market share.

๐“๐จ๐ฉ ๐๐ž๐š๐ฎ๐ญ๐ฒ ๐š๐ง๐ ๐๐ž๐ซ๐ฌ๐จ๐ง๐š๐ฅ ๐‚๐š๐ซ๐ž ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ:

โ€ข Avon Products (Natura & Co)
โ€ข Beiersdorf AG
โ€ข Colgate-Palmolive Company
โ€ข Johnson & Johnson
โ€ข Kao Corporation
โ€ข L'Orรฉal S.A.
โ€ข Mary Kay Inc.
โ€ข Procter & Gamble Company
โ€ข Revlon, Inc. (MacAndrews & Forbes)
โ€ข Shiseido Company Limited
โ€ข The Estรฉe Lauder Companies Inc.
โ€ข Unilever plc

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐’:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
๐„๐ฆ๐š๐ข๐ฅ: sales@imarcgroup.com
๐“๐ž๐ฅ ๐๐จ:(๐ƒ) +91 120 433 0800
๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐’:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.

IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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Global Color Cosmetics market research report provides company profile for L'Oreal Group (France), Estee Lauder Companies Inc. (U.S.), Avon Products Inc. (U.S.), Coty, Inc (France), Revlon Group (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018โ€ฆ