Beauty And Personal Care Products Market

The Beauty And Personal Care Products Market size is estimated to grow at a CAGR of 5.3% in 2022-2027 and is valued at US$ 759.6 billion in the year 2027. The demand for beauty and personal care products has seen steady growth in the past decade and will continue to do so primarily due to the overall improvement in quality of life and the shift in trend to more premium and luxury cosmetic brands. Some common examples of beauty and personal care products include facial toners, anti aging products, deodorants, hair dyes, sunscreens, and so on. In this report, we will take an in-depth look at the beauty and personal care products market industry outlook and analyze the market landscape, drivers, and challenges along with the beauty and personal care products top 10 companies within the forecast period of 2022-2027.

COVID-19 Impact

During the COVID-19 pandemic, many industries had suffered a tumultuous time, and it was no different for the beauty and personal care products market. Many governments across the globe implemented lockdown regulations and factories & production facilities in many sectors came to a halt. The supply chain was greatly disrupted as many businesses followed the lockdown protocols. The beauty and personal care products market saw a drastic decline during the pandemic. For example, according to L’Oréal, a global leader in the beauty and personal care industry, there was a decline of 8% year-on-year in the global cosmetics market in 2020. This was primarily affected during the initial stages of the pandemic, where there was a decline of 32% in cosmetic retail revenues according to BAIRD, an American multinational independent investment bank. However, the global situation has vastly improved as the majority of the world population has undergone vaccination governments are uplifting lockdown protocols. As such, the beauty and personal care products market is expected to grow significantly within the forecast period of 2022-2027.

Report Coverage

The report: “Beauty And Personal Care Products Market Report – Forecast (2022-2027)”, by IndustryARC, covers an in-depth analysis of the following segments of the beauty and personal care products industry.

By Type: Sun Care (Creams, Lotions, Gels, Others), Oral Care (Mouth Washes, Toothpastes, Flosses), Skin Care (Serums, Moisturizers, Exfoliators, Anti-aging Creams, Facial Masks, Others), Body Care (Soaps, Antiperspirants, Body Washes, Body lotions, others), Perfumery (Scented Oil, Salves, Deodorants & Perfumes, Aftershave), Decorative Cosmetics (Lipsticks, Eyeliners, Blushes, Powders, Others), Hair Care (Shampoos, Conditioners, Hair Serums, Hair Colors, Others).

By Raw Material: Organic (Amino Acids, Proteins, Phenols, Surfactants, Vitamins, Paraffin, Others), Inorganic (Acids, Alkalis, Silicones, Alcohols, Others).

By Application: Exfoliants, pH Balancers, Moisturizers, Dental Hygiene, Anti-dandruff, UV-protection, Others.

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), Rest of the World (Middle East, and Africa).

0