Projected Growth and Key Trends in the Cosmetics and Personal Care Stores Market

Impressive growth forecasted for the global cosmetics and personal care stores market, driven by consumer beauty trends, social media influence, retail expansion, and major industry players.

What Is The Projected Market Size Of The Global Cosmetics And Personal Care Stores Market And Its Growth Rate?
• The market size is poised to grow from $372.74 billion in 2024 to $403.74 billion in 2025, with a CAGR of 8.3%. This growth in the historic period is driven by factors such as consumer beauty trends, economic conditions, marketing and branding, social media influence, and retail expansion.
• The market is expected to continue this strong growth, reaching $531.94 billion in 2029, with a CAGR of 7.1%. Factors contributing to this forecasted growth include e-commerce growth, sustainability and clean beauty, inclusivity and diversity, innovations in formulations, and global beauty trends.

What Is Driving The Growth In The Cosmetics And Personal Care Stores Market?
The demand for a healthier lifestyle and hygienic living is expected to propel the growth of the cosmetics and personal care stores market. A healthier lifestyle consists of maintaining a balanced diet, regular exercising, proper sleep, stress management, and social engagement, whereas hygienic living involves practices that promote cleanliness and good health. Cosmetics and personal care stores provide a plethora of products that help consumers in maintaining cleanliness, health, and grooming. For instance, in March 2023, Statistics Canada reported that the consumer price index for health and personal care grew by 6.2% from February 2022 to February 2023, reflecting the rising demand for a healthier lifestyle and hygienic living.

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Who Are the Key Players Driving Cosmetics And Personal Care Stores Market Growth?
• Unilever plc
• The Estée Lauder Companies Inc.
• Shiseido Co. Ltd.
• Revlon Inc.
• Procter & Gamble Co.
• L'Oréal S.A.
• Coty Inc.
• Kao Corporation
• Sephora USA Inc.
• Ulta Beauty Inc.
• Lush Cosmetics
• Bath & Body Works LLC
• The Body Shop International Limited
• Kiehl's LLC
• MAC Cosmetics
• Origins Natural Resources Inc.
• Aveda Corporation
• Avon Products Inc.
• Mary Kay Inc.
• Amway Corporation
• Nu Skin Enterprises Inc.
• Rodan & Fields LLC
• Arbonne International LLC
• Younique LLC
• Beautycounter Inc.
• Tarte Inc.
• Glossier Inc.
• Morphe Inc.
• ColourPop Cosmetics
• Fenty Beauty

What Are The Key Trends In The Cosmetics And Personal Care Stores Market?
Key trends in the forecast period include:
• Clean beauty retail spaces
• Data-driven personalization
• Subscription services and beauty boxes
• Green and sustainable packaging
• Experiential retail and beauty services

What Are The Segments Of The Global Cosmetics And Personal Care Stores Market?
• By Product: Skin Care, Hair Care, Color Cosmetics, Fragrances, Other Products
• By Raw Materials: Organic, Inorganic
• By Distribution Channel: E - Commerce, Direct Selling, Specialty Stores, Hypermarkets And Retail Chains, Other Distribution Channels

Which Region Leads The Cosmetics And Personal Care Stores Market?
Asia-Pacific was the largest region in the cosmetics and personal care stores market in 2024. Moreover, this region is expected to continue its growth in the forecast period, alongside other regions such as Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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What Is Covered In The Cosmetics And Personal Care Stores Market Global Market Report?
- Market Size Analysis: Analyze the Cosmetics And Personal Care Stores Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Cosmetics And Personal Care Stores Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Cosmetics And Personal Care Stores Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Cosmetics And Personal Care Stores Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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