Global Next-Generation Personalized Beauty Market Worth $84.98 Billion by 2029, Growing at 15% CAGR

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Next-Generation Personalized Beauty Market Outlook: What Size And CAGR Are Anticipated By 2025?
In the last few years, the size of the next-generation personalized beauty market has seen rapid expansion. From $43 billion in 2024, it's projected to climb to $48.57 billion in 2025, indicating a compound annual growth rate (CAGR) of 13.0%. The past period of growth in the market is credited to advertising and promotional initiatives, solid economic advancement in budding markets, and increases in disposable income.

What Is the Expected CAGR for the Next-Generation Personalized Beauty Market Growth Through 2029?
The market size for next-generation personalized beauty products is projected to undergo swift expansion in the upcoming years, swelling to $84.98 billion by 2029 with a compound annual growth rate (CAGR) of 15.0%. The anticipated growth over the forecast period can be linked to factors such as swift urbanization, the boom in e-commerce, and tech-savvy consumers and businesses. Key trends predicted for the forecast period involve marketing and promotional endeavors, robust financial growth in emerging markets, and an increase in disposable income.

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What Are the Primary Drivers Behind Next-Generation Personalized Beauty Market Growth?
Anticipated growth in the demand for personal hygiene items due to an increase in the need from e-commerce firms to deliver consumer goods to end-users, is predicted to propel the next-generation personalized beauty market. E-commerce industries heavily depend on logistic delivery providers, who are primarily managed by logistic corporations. According to Digital Commerce 36, a US-based media and research company that specializes in e-commerce, there was an increase in U.S. e-commerce sales from $1.040 trillion in 2022 to $1.119 trillion in 2023. Thanks to improved supply chains and fewer delivery times, the emphasis on last-mile delivery will likely escalate the demand for consumer goods, which in turn could see a rise in demand for next-generation personalized beauty. Consumers are now 40% more inclined to try new beauty products and brands compared to pre-pandemic times, making a robust digital strategy essential for increasing brand awareness. Virtual storefronts have played a role in swiftly transforming e-commerce from standard product lists to vibrant, evolving spaces that mimic physical stores-providing a significant edge to online beauty companies. Therefore, the burgeoning e-commerce market is projected to boost the demand for the next-generation personalized beauty market.

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What Are the Key Segments Driving Next-Generation Personalized Beauty Market Growth?
The next-generation personalized beauty market covered in this report is segmented -

1) By Product: Skincare, Haircare, Make-Up, Fragrances, Other Products
2) By Application: Consultation Or Digital Questionnaires, Apps And Specialized Hardware, Home Test Kits

Subsegments:
1) By Skincare: Moisturizers, Serums, Cleansers, Exfoliants, Masks And Treatments
2) By Haircare: Shampoos, Conditioners, Hair Treatments, Styling Products
3) By Make-Up: Foundation, Lip Products, Eye Products, Blush And Highlighter
4) By Fragrances: Perfumes, Body Mists, Home Fragrances
5) By Other Products: Beauty Tools And Accessories, Sun Care Products, Men's Grooming Products, Personalized Beauty Devices

What Are the Technological Trends Impacting the Next-Generation Personalized Beauty Market?
Firms operating in the futuristic personalized beauty sector are concentrating their efforts on creating sophisticated products to expand their product range and broaden their presence in the next-gen custom beauty industry. For instance, Unilever, a consumer goods firm based in the UK, introduced BeautyHub PRO in June 2024. This platform, which is powered by AI, leverages computer vision technology to evaluate up to 30 visual data points. This inventive measure allows BeautyHub PRO to deliver personalized product suggestions across a variety of Unilever's beauty brands, assisting customers in discovering products that fulfill their specific requirements. This AI-led strategy not only improves customer satisfaction but also propels Unilever's beauty range forward by providing more accurate and efficient product suggestions.

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Who Are the Major Competitors in the Global Next-Generation Personalized Beauty Market?
Major companies operating in the next-generation personalized beauty market include Estee Lauder Inc, Function of Beauty, Prose, Curology, Hims & Hers Health Inc, Skin Authority, Bite Beauty, Esalon, Codage, insitU Cosmetics Ltd, Lancome, Giorgio Armani Beauty, Kiehl's, Olay, Baccarose Perfumes & Beauty, Kanha Nature Oils, CKC Fragrances, Deon Pro Corporation, Flavaroma, Zhuhai Jiaxinkang Pharmaceutical Technology Co Ltd, Guangzhou Phero Perfume Co Ltd, Shandong Yingyang Flavors & Fragrances Co Ltd, Kao Chemicals, Takasago International Corporation, Guangzhou MT perfume Company, Zhejiang Qianliang Cosmetics Co Ltd, Guangzhou Baihua Flavors And Fragrances Company Ltd, Barry M Cosmetics, Beiersdorf UK Ltd, HC MedSpa, BEEVER Personal Care, Dendron Brands Ltd, Richards and Appleby Ltd, Skin Health Spa, Design Plus Health & Beauty Ltd, Famille Grasse Parfums, Dina Cosmetics France, Mikrocaps D.O. O, BASF SE, Firmenich SA, Solvay, Robertet Group, Symrise AG, Givaudan, Akvion JSC, Eleutere-Parfum Ltd, Atlantic Cosmetics (Atlantic Group), Tereza-Inter LLC, Verona Products Professional Sp. Z O.O, Binalex, Gabriella Salvete S.R.O, Paul's Bohemia Trading S.R.O, Hero Cosmetics, Momentive Performance Materials Inc, Ashland Inc, Stepan Company, Avon Products Inc, ROCSA, Surya Brasil, Natura & Co, Dacov Cosmeticos, Unilog Universal Logistics, Columbia Cosmetics, GlamBox ME, Huda Beauty, Glamazle, Source Beauty, Lavido, Gamila Secret, Beauty Treat, GlowByCindy, Fyzzoworld Skincare, Organic Therapy, Charlotte Rhys, Mented Cosmetics, Esse Skincare

Which Region Dominates the Next-Generation Personalized Beauty Market Share in 2025?
Asia-Pacific was the largest region in the next-generation personalized beauty market in 2024 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the next-generation personalized beauty market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Asia +44 7882 955267 & +91 8897263534,
Europe +44 7882 955267,
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
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