Beauty and personal care products market size to grow by USD 57.45 billion from 2022 to 2027: Growth is driven by the growing popularity of anti-pollution skincare products - Technavio

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Jan 12, 2023, 08:00 ET

NEW YORK, Jan. 12, 2023 /PRNewswire/ -- The beauty and personal care products market is forecasted to grow by USD 57.45 billion from 2022 to 2027. However, the growth momentum will accelerate at a CAGR of 5.06% during the forecast period, according to Technavio. AMOREPACIFIC Group Inc., Avon Products, Beiersdorf AG, Edgewell Personal Care Co., Helios Lifestyle Pvt Ltd., LVMH Moet Hennessy Louis Vuitton SE, Oriflame Holding AG, Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Co. Inc., VI-JOHN GROUP, CHANEL Ltd., Coty Inc., Johnson and Johnson, Kao Corp., LOreal SA, Natura, and Co Holding SA, The Procter and Gamble Co., and Unilever PLC. are some of the major market participants. To know about the vendor offerings, request a sample report.

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Beauty and personal care products market 2023-2027: Scope

The Beauty and personal care products market report also covers the following areas:

Beauty and personal care products market 2023-2027: Drivers and challenges

The growing popularity of anti-pollution skincare products is notably driving market growth. As air pollution increases worldwide, the demand for anti-pollution skin care products increases because they can combat the effects of air pollution on the skin or prevent pollution from damaging skin health. Anti-aging products treat wrinkles, lines, and age spots and improve skin tone, protect against ultraviolet (UV) rays, increase collagen production and help hydrate the skin. These anti-pollution products even help improve skin oxidation and protect skin from dangerous air pollution. Thus, such factors are expected to drive the growth of the global market during the forecast period.

However, adverse health effects of chemical/synthetic ingredients are major challenges impeding the market growth. Global awareness of the beauty problems caused by harmful chemicals in synthetic beauty and personal care products has grown. Such side effects have become a major challenge for care products globally. Chemical ingredients in synthetic beauty and personal care products cause many problems related to skin and hair. Moreover, the growing awareness of the side effects of synthetic products has encouraged consumers to turn to homemade or natural treatments, such as homemade skin care products, that are safe and effective. This is likely to restrain the growth of the global market during the forecast period.

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Beauty and personal care products market 2023-2027: Segmentation analysis

Product Outlook (USD Billion, 2017 - 2027)

Skincare products
Haircare products
Color cosmetics
Fragrances
Others

Channel Outlook (USD Billion, 2017 - 2027)

Offline
Online

Region Outlook (USD Billion, 2017 - 2027)

North America

The U.S.
Canada

Europe

U.K.
Germany
France
Rest of Europe

APAC

China
India

Middle East & Africa

Saudi Arabia
South Africa
Rest of the Middle East & Africa

South America

Chile
Brazil
Argentina

Beauty and personal care products market 2023-2027: Segmentation highlights

The beauty and personal care products market share growth by the skin care products segment will be significant. Customers have begun to opt for skincare products that are free of synthetic chemicals. Moreover, skin care products with additional features and multiple functions, such as specialized anti-aging skin care products and skin cleansing products, are gaining popularity among customers. Such factors will have a positive impact on the segment during the forecast period.
APAC is estimated to account for 54% of the growth of the global market during the forecast period. This prominent growth is mainly attributed to the growing awareness of the benefits of using beauty and personal care products among customers and the rising introduction and consumption of premium beauty and personal care products. In addition, the rising disposable income of people, increasing urbanization, and the growing e-commerce market will drive the demand for beauty and personal care products in APAC during the forecast period.

Beauty and personal care products market 2023-2027: Key Highlights

What are the key data covered in this Beauty and personal care products market report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the beauty and personal care products equipment market between 2023 and 2027
Precise estimation of the size of the beauty and personal care products equipment market size and its contribution to the market in focus on the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the beauty and personal care products equipment market industry across APAC, North America, Europe, Middle East and Africa, and South America
A thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of beauty and personal care products equipment market vendors

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The beauty and personal care market size is expected to increase by USD 5.28 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.5%. This report extensively covers market segmentations by Africa by product (skincare, hair care, color cosmetics, fragrances, and others), distribution channel (offline and online), and geography (South Africa, Kenya, Egypt (Arab Republic of Egypt), Nigeria, and Rest of Africa).
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Beauty and personal care products Market Scope

Report Coverage	Details
Page number	165
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 5.06%
Market growth 2023-2027	USD 57.45 billion
Market structure	Fragmented
YoY growth 2022-2023(%)	4.11
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 54%
Key countries	US, China, India, Japan, and UK
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	AMOREPACIFIC Group Inc., Avon Products, Beiersdorf AG, Edgewell Personal Care Co., Helios Lifestyle Pvt Ltd., LVMH Moet Hennessy Louis Vuitton SE, Oriflame Holding AG, Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Co. Inc., VI JOHN GROUP, CHANEL Ltd., Coty Inc., Johnson and Johnson, Kao Corp., LOreal SA, Natura and Co Holding SA, The Procter and Gamble Co., and Unilever PLC
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio's consumer staples reports

Table of Contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Market Segmentation by Channel
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global beauty and personal care products market 2017 - 2021

Exhibit 18: Historic Market Size – Data Table on Global beauty and personal care products market 2017 - 2021 ($ billion)

4.2 Product Segment Analysis 2017 - 2021

Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)

4.3 Channel Segment Analysis 2017 - 2021

Exhibit 20: Historic Market Size – Channel Segment 2017 - 2021 ($ billion)

4.4 Geography Segment Analysis 2017 - 2021

Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

4.5 Country Segment Analysis 2017 - 2021

Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments

Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

6.2 Comparison by Product

Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product

6.3 Skincare products - Market size and forecast 2022-2027

Exhibit 34: Chart on Skincare products - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Skincare products - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Skincare products - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Skincare products - Year-over-year growth 2022-2027 (%)

6.4 Haircare products - Market size and forecast 2022-2027

Exhibit 38: Chart on Haircare products - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Haircare products - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Haircare products - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Haircare products - Year-over-year growth 2022-2027 (%)

6.5 Color cosmetics - Market size and forecast 2022-2027

Exhibit 42: Chart on Color cosmetics - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Color cosmetics - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Color cosmetics - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Color cosmetics - Year-over-year growth 2022-2027 (%)

6.6 Fragrances - Market size and forecast 2022-2027

Exhibit 46: Chart on Fragrances - Market size and forecast 2022-2027 ($ billion)
Exhibit 47: Data Table on Fragrances - Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Chart on Fragrances - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Fragrances - Year-over-year growth 2022-2027 (%)

6.7 Others - Market size and forecast 2022-2027

Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

6.8 Market opportunity by Product

Exhibit 54: Market opportunity by Product ($ billion)

7 Market Segmentation by Channel

7.1 Market segments

Exhibit 55: Chart on Channel - Market share 2022-2027 (%)
Exhibit 56: Data Table on Channel - Market share 2022-2027 (%)

7.2 Comparison by Channel

Exhibit 57: Chart on Comparison by Channel
Exhibit 58: Data Table on Comparison by Channel

7.3 Offline - Market size and forecast 2022-2027

Exhibit 59: Chart on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Offline - Year-over-year growth 2022-2027 (%)

7.4 Online - Market size and forecast 2022-2027

Exhibit 63: Chart on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 64: Data Table on Online - Market size and forecast 2022-2027 ($ billion)
Exhibit 65: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Online - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Channel

Exhibit 67: Market opportunity by Channel ($ billion)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 69: Chart on Market share by geography 2022-2027 (%)
Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison

Exhibit 71: Chart on Geographic comparison
Exhibit 72: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2022-2027

Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.4 North America - Market size and forecast 2022-2027

Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.5 Europe - Market size and forecast 2022-2027

Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027

Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027

Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027

Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 China - Market size and forecast 2022-2027

Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

9.10 UK - Market size and forecast 2022-2027

Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.11 India - Market size and forecast 2022-2027

Exhibit 105: Chart on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 106: Data Table on India - Market size and forecast 2022-2027 ($ billion)
Exhibit 107: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on India - Year-over-year growth 2022-2027 (%)

9.12 Japan - Market size and forecast 2022-2027

Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography

Exhibit 113: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

Exhibit 114: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 116: Overview on factors of disruption

11.4 Industry risks

Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 118: Vendors covered

12.2 Market positioning of vendors

Exhibit 119: Matrix on vendor position and classification

12.3 Avon Products

Exhibit 120: Avon Products - Overview
Exhibit 121: Avon Products - Product / Service
Exhibit 122: Avon Products - Key offerings

12.4 Beiersdorf AG

Exhibit 123: Beiersdorf AG - Overview
Exhibit 124: Beiersdorf AG - Business segments
Exhibit 125: Beiersdorf AG - Key news
Exhibit 126: Beiersdorf AG - Key offerings
Exhibit 127: Beiersdorf AG - Segment focus

12.5 Coty Inc.

Exhibit 128: Coty Inc. - Overview
Exhibit 129: Coty Inc. - Business segments
Exhibit 130: Coty Inc. - Key offerings
Exhibit 131: Coty Inc. - Segment focus

12.6 Edgewell Personal Care Co.

Exhibit 132: Edgewell Personal Care Co. - Overview
Exhibit 133: Edgewell Personal Care Co. - Business segments
Exhibit 134: Edgewell Personal Care Co. - Key news
Exhibit 135: Edgewell Personal Care Co. - Key offerings
Exhibit 136: Edgewell Personal Care Co. - Segment focus

12.7 Johnson and Johnson

Exhibit 137: Johnson and Johnson - Overview
Exhibit 138: Johnson and Johnson - Business segments
Exhibit 139: Johnson and Johnson - Key news
Exhibit 140: Johnson and Johnson - Key offerings
Exhibit 141: Johnson and Johnson - Segment focus

12.8 Kao Corp.

Exhibit 142: Kao Corp. - Overview
Exhibit 143: Kao Corp. - Business segments
Exhibit 144: Kao Corp. - Key offerings
Exhibit 145: Kao Corp. - Segment focus

12.9 LOreal SA

Exhibit 146: LOreal SA - Overview
Exhibit 147: LOreal SA - Business segments
Exhibit 148: LOreal SA - Key news
Exhibit 149: LOreal SA - Key offerings
Exhibit 150: LOreal SA - Segment focus

12.10 LVMH Moet Hennessy Louis Vuitton SE

Exhibit 151: LVMH Moet Hennessy Louis Vuitton SE - Overview
Exhibit 152: LVMH Moet Hennessy Louis Vuitton SE - Business segments
Exhibit 153: LVMH Moet Hennessy Louis Vuitton SE - Key news
Exhibit 154: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
Exhibit 155: LVMH Moet Hennessy Louis Vuitton SE - Segment focus

12.11 Natura and Co Holding SA

Exhibit 156: Natura and Co Holding SA - Overview
Exhibit 157: Natura and Co Holding SA - Business segments
Exhibit 158: Natura and Co Holding SA - Key offerings
Exhibit 159: Natura and Co Holding SA - Segment focus

12.12 Oriflame Holding AG

Exhibit 160: Oriflame Holding AG - Overview
Exhibit 161: Oriflame Holding AG - Business segments
Exhibit 162: Oriflame Holding AG - Key offerings
Exhibit 163: Oriflame Holding AG - Segment focus

12.13 Revlon Inc.

Exhibit 164: Revlon Inc. - Overview
Exhibit 165: Revlon Inc. - Business segments
Exhibit 166: Revlon Inc. - Key offerings
Exhibit 167: Revlon Inc. - Segment focus

12.14 Shiseido Co. Ltd.

Exhibit 168: Shiseido Co. Ltd. - Overview
Exhibit 169: Shiseido Co. Ltd. - Business segments
Exhibit 170: Shiseido Co. Ltd. - Key offerings
Exhibit 171: Shiseido Co. Ltd. - Segment focus

12.15 The Estee Lauder Co. Inc.

Exhibit 172: The Estee Lauder Co. Inc. - Overview
Exhibit 173: The Estee Lauder Co. Inc. - Product / Service
Exhibit 174: The Estee Lauder Co. Inc. - Key offerings

12.16 The Procter and Gamble Co.

Exhibit 175: The Procter and Gamble Co. - Overview
Exhibit 176: The Procter and Gamble Co. - Business segments
Exhibit 177: The Procter and Gamble Co. - Key news
Exhibit 178: The Procter and Gamble Co. - Key offerings
Exhibit 179: The Procter and Gamble Co. - Segment focus

12.17 Unilever PLC

Exhibit 180: Unilever PLC - Overview
Exhibit 181: Unilever PLC - Business segments
Exhibit 182: Unilever PLC - Key news
Exhibit 183: Unilever PLC - Key offerings
Exhibit 184: Unilever PLC - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 185: Inclusions checklist
Exhibit 186: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 187: Currency conversion rates for US$

13.4 Research methodology

Exhibit 188: Research methodology
Exhibit 189: Validation techniques employed for market sizing
Exhibit 190: Information sources

13.5 List of abbreviations

Exhibit 191: List of abbreviations

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