Press release
Beauty and Personal Care Products Industry Sector to hit US$ 624.2 billion by 2030: Top Companies are Revlon oriflame Cosmetics S.A., Procter & Gamble, L'Oréal S.A., Avon Products, Inc. and Coty Inc.
WILMINGTON, DE, UNITED STATES:The U.S. beauty & personal care market was valued at US$ 97B in 2024, expected to rise to US$ 145B by 2032 at a CAGR of 5.1%.
Japan's beauty & personal care market stood at US$ 41B in 2024, projected to reach US$ 57B by 2032, growing at a CAGR of 4.2%.
Global Beauty and Personal Care Products Market reached US$ 487.5 billion in 2022 and is expected to reach US$ 624.2 billion by 2030, growing with a CAGR of 5.1% during the forecast period 2024-2031.
According to DataM Intelligence has published a new research report on "Beauty and Personal Care Products Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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Latest M & A
Major players like L'Oréal, Unilever, Estée Lauder, and Beiersdorf have continued strategic acquisitions to expand their portfolios, particularly in organic, clean-label, and direct-to-consumer brands.
Notable deals include Unilever's acquisition of a herbal-focused skin care startup, and L'Oréal's strategic investments in K-beauty and indie brands to enhance digital and omnichannel presence.
Top Industry Players:
Unilever, The Estée Lauder Companies Inc., Kao Corporation, Shiseido Co., Ltd., Revlon oriflame Cosmetics S.A., Procter & Gamble, L'Oréal S.A., Avon Products, Inc. and Coty Inc.
Key Industry Sector Development:
Major brands are adopting AI-driven skin analysis tools to personalize product recommendations.
Clean beauty and vegan formulations continue to surge as consumers demand safer, eco-friendly products.
Companies are expanding through mergers and acquisitions, especially in premium skincare and dermocosmetics.
E-commerce and D2C channels are growing rapidly, driven by social commerce and influencer-led marketing.
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Key Segments:
By Service
✅ Digital Currencies - 32%
✅ Banking & Capital Markets - 28%
✅ Payments - 27%
✅ Value-Added Services - 13%
By Type
✅ Conventional - 72%
✅ Organic - 28%
By Product
✅ Hair Care - 24%
✅ Skin Care - 32%
✅ Color Cosmetics - 18%
✅ Fragrances - 14%
✅ Others - 12%
By Distribution Channel
✅ Hypermarkets & Supermarkets - 34%
✅ Specialty Stores - 29%
✅ E-commerce - 27%
✅ Others - 10%
Regional Analysis for Market:
✅ North America - 27% share
✅ Europe - 31% share
✅ Asia-Pacific - 38% share (largest & fastest growing)
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Product Launches
Recent launches include L'Oréal's new range of probiotic-based skincare, Estée Lauder's augmented reality-enabled foundation matching app, and Beiersdorf's natural sunscreen lines.
Hydrating, anti-pollution, and multifunctional products such as tinted moisturizers and SPF-infusion serums are trending.
Sustainable packaging innovations, including biodegradable tubes, refillable jars, and refill pouches, are adopted by brands like The Body Shop and Aveeno.
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Latest Industry News
Consumer demand for sustainability and wellness continues to reshape product development, with brands emphasizing eco-friendly packaging, cruelty-free testing, and ethically sourced ingredients.
Digital transformation remains central, with increased investments in e-commerce platforms, AR/VR beauty try-on tools, and personalized skincare/beauty solutions driven by AI.
The global market is projected to grow at a CAGR of approximately 5.5-6% through 2030, with skincare products leading growth due to the rising importance of anti-aging, brightening, and barrier repair formulations.
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