Global Beauty and Personal Care Products Market 2018-2025 - Increasing Adoption of Augmented Reality in the Beauty Industry
DUBLIN, Nov. 14, 2018 /PRNewswire/ --
The "Beauty and Personal Care Products Market Analysis Report By Product (Makeup & Cosmetics, Skin Care, Hair Care), By Distribution Channel, By Type (Vegan, Organic, Inorganic), And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global beauty and personal care products market size is anticipated to reach USD 716.6 billion by 2025, registering a CAGR of 5.9% during the forecast period.
Growing preference for natural and organic personal care (NOPC) products, increasing adoption of Augmented Reality (AR) in the beauty industry, growing demand for anti - aging products, and increasing popularity of men's grooming products are some of the key factors that are expected to drive the market over the forecast period.
AR uses face and skin - mapping technology to show how products would look on individual consumers before they purchase them. Thus, they need not visit a physical store nor try the products on, thus saving time and making purchase process more convenient.
Growing awareness about health, wellness, and personal grooming and appearance among men is projected to account for a rise in the demand for men's grooming products. This, in turn, is expected to boost the growth of the market over the forecast period. A variety of men's toiletries are now available in the market, such as deodorants, hair care, and skin care products, and bath and shower products. Furthermore, the skin care/sun care product segment expanded at a moderate CAGR from 2014 to 2017 owing to increasing aging population and growing awareness about advantages of using anti-aging products.
The Asia Pacific market accounted for the largest share of the market in 2017. It is expected to witness a significant gain in revenue share over the forecast period on account of its large population and the popularity of the e - commerce distribution channel across various industries in this region. Additionally, Japan, China, and India are expected to be the key contributors to the growth of the organic products segment in the region over the forecast period.
Further key findings from the report suggest:
- The demand for the beauty and personal care products market is expected to increase owing to rising aging population and growing consciousness to maintain youthful skin and a good appearance. The skin care/sun care segment is expected to register the highest CAGR of 6.2% over the forecast period
- The U.S., China, Japan, India, and Mexico are expected to witness considerable growth over the forecast period owing to robust industrial development and extensive urbanization
- The key players in this market include Avon Products, Inc.; Beiersdorf AG; Coty Inc.; Kao Corporation; L'Occitane International S.A.; L'Oreal Group; Procter & Gamble; Mary Kay Inc.; Shiseido Company, Limited; Unilever Revlon, Inc.; and The Estee Lauder Companies Inc.
Key Topics Covered:
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Beauty & Personal Care Products - Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.2 Industry Trends
2.2.1 Product
2.2.2 Distribution Channel
2.2.3 Type
2.2.4 Region
Chapter 3 Industry Outlook
3.1 Market Definition
3.1.1 Market segmentation & scope
3.2 Beauty & Personal Care Products Market Growth Prospects
3.3 Beauty & Personal Care Products Market Dynamics
3.3.1 Market driver analysis
3.3.1.1 Growing preference for natural and organic personal care (NOPC) products
3.3.1.2 Increasing adoption of Augmented Reality (AR) in the beauty industry
3.3.1.3 Growing demand for anti-aging products
3.3.1.4 Increasing popularity of men's grooming products
3.3.2 Market restraint analysis
3.3.2.1 Safety issues associated with personal care products
3.3.3 Market Opportunities analysis
3.3.3.1 Innovation in Core Formulation Technology
3.3.4 Market Challenges analysis
3.3.4.1 Exhibition of harmful chemical ingredients in products
3.4 Industry Analysis - Porter's
3.5 Beauty & Personal Care Products - PEST analysis
Chapter 4 Beauty & Personal Care Products Market: Product Estimates & Trend Analysis
4.1 Skin care/Sun care
4.2 Hair Care
4.3 Makeup & Color Cosmetic Products
4.4 Deodorants/Fragrances
4.5 Others
Chapter 5 Beauty & Personal Care Products Market: Distribution channel Estimates & Trend Analysis
5.1 Direct Selling
5.2 Hypermarkets & Retail Chain
5.3 E-Commerce
5.4 Specialty stores
5.5 Others
Chapter 6 Beauty & Personal Care Products Market: Type Estimates & Trend Analysis
6.1 Vegan
6.2 Organic
6.3 Inorganic
Chapter 7 Beauty & Personal Care Products Market: Regional Estimates & Trend Analysis
Chapter 8 Competitive Landscape
- Avon Products, Inc.
- Beiersdorf AG
- Coty Inc.
- Kao Corporation
- L'occitane International S.A.
- L'Oreal Group
- Procter & Gamble
- Mary Kay Inc.
- Shiseido Company, Limited
- Unilever
- Revlon, Inc.
- The Estee Lauder Companies Inc.
For more information about this report visit https://www.researchandmarkets.com/research/x4d7bg/global_beauty_and?w=5
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