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A Deep Dive into Other Health and Personal Care Stores Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
What Are the Market Size and Growth Forecast for the Other Health and Personal Care Stores Market?Recent years have seen a significant increase in the market size of other health and personal care stores. Projections show a growth from $74.95 billion in 2024 to $78.82 billion in 2025. This corresponds to a compound annual growth rate (CAGR) of 5.2%. The historic growth period can be ascribed to factors such as consumer health and wellness trends, an aging population, the rise of alternative medicine, and specialized offerings.
Steady expansion is predicted in the other health and personal care stores market over the coming years, reaching a value of $93.93 billion by 2029. This represents a compound annual growth rate (CAGR) of 4.5%. The predicted increase can be linked to factors such as e-commerce and online retailing, individualized health and wellness, CB*D and cannabis* products, and natural and organic items, as well as health monitoring gadgets. Key trends in the forecasted period encompass e-commerce and internet-based sales, personalization and bespoke services, natural and unprocessed items, and holistic and non-traditional medicinal practices.
What Is Contributing to the Growth of the Other Health and Personal Care Stores Market?
The rise in the number of surgical procedures carried out globally across the historical timeline reflects an intensified emphasis on growth. A significant number of people succumb to conditions needing surgical intervention. As per a study by The Lancet Commissions, around two-thirds of nations are projected to achieve a minimum volume of 5000 operations for every 100,000 individuals if the Low and Middle-Income Countries (LMICs) consistently amplify the surgical rate annually. The predicted escalation in annual surgical procedures is expected to broaden the market's reach considering the subsequent surge in demand for the growth of other health and personal care stores market supply.
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Which Key Market Leaders Are Driving Other Health and Personal Care Stores Industry Growth?
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.
What Are the Emerging Trends in the Other Health and Personal Care Stores Industry?
Key players in the market for other healthcare and personal care stores are launching new product lines in different outlets to increase market revenue. The introduction of Maude and Luna Daily at Sephora strengthened these brands' standing in the sexual wellness and intimate care sector while presenting Sephora with a significant opportunity to broaden its product range in this category. For example, in April 2023, Maude, a personal care brand based in the U.S., and Luna Daily, a body care brand also from the U.S., launched their intimate care products in over 260 Sephora outlets. Maude became the first sexual wellness brand to be sold in Sephora's physical stores, while Luna Daily was the premier exclusive U.K. intimate care brand to make its debut at Sephora.
What Are the Main Segments in the Other Health and Personal Care Stores Market?
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
Subsegments:
1) By Convalescent Supply Stores: Home Care Products, Rehabilitation Aids
2) By Prosthetic Stores: Limb Prosthetics, Prosthetic Accessories
3) By Hearing Aid Stores: Hearing Aids, Hearing Aid Accessories
4) By Sick Room Supply Stores: Hospital Beds, Medical Furniture, Oxygen Equipment
5) By Medical Equipment and Supplies Stores: Diagnostic Equipment, Surgical Instruments, Wound Care Products, Mobility Aids
6) By Personal Mobility Scooter Dealers: Electric Scooters, Mobility Accessories
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Which Geographic Area Leads the Other Health and Personal Care Stores 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
What Is Covered In The Other Health and Personal Care Stores Global Market Report?
- Market Size Analysis: Analyze the Other Health and Personal Care Stores Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Other Health 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 Other Health 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 Other Health 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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