Global Beauty And Personal Care Products Market Size & Outlook
Global beauty and personal care products market, 2016-2030 (US$M)
Related Markets
Global beauty and personal care products market highlights
- The global beauty and personal care products market generated a revenue of USD 520.3 million in 2022 and is expected to reach USD 937.1 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 7.6% by 2030.
- In terms of segment, skin care accounted for a revenue of USD 175.1 million in 2022.
- Color cometics is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 520.3 million |
| Market revenue in 2030 | USD 937.1 million |
| Growth rate | 7.6% (CAGR from 2022 to 2030) |
| Largest segment | Skin care |
| Fastest growing segment | Color cometics |
| Historical data covered | 2016 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Skin care, Hair care, Color cometics, Fragrances |
Other key industry trends
- In terms of revenue, the North America accounted for 20.2% of the global beauty and personal care products market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 17.6 million by 2030.
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Beauty And Personal Care Products Market Scope
Beauty And Personal Care Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global beauty and personal care products market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to beauty and personal care products market will help companies and investors design strategic landscapes.
Skin care was the largest segment with a revenue share of 33.65% in 2024. Horizon Databook has segmented the Global beauty and personal care products market based on skin care, hair care, color cometics, fragrances covering the revenue growth of each sub-segment from 2016 to 2030.
Market Dynamics
Skin is the most essential part of the body and covers 70% of our body as well as is exposed to various types of contaminants like germs, bacteria, viruses, dirt, harsh chemical substances, and sunlight. This makes proper skin care vital for one's overall health.
The increase in the number of consumers who have been expanding their skincare regimes coupled with their willingness to trade mass skin care products has been a prominent factor driving the skin care products market as well as dermo cosmetics skin care products segment.
Furthermore, beauty and personal care products industry manufacturers are focusing on continuous innovation or modification in their products as a growth driver and are also introducing new products in the market.
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Target buyers of Global beauty and personal care products market databook
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Our clientele includes a mix of beauty and personal care products market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global beauty and personal care products market , including forecasts for subscribers. This global databook contains high-level insights into Global beauty and personal care products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Global beauty and personal care products market size, by regions, 2016-2030 (US$M)
Top 10 countries: Beauty and personal care products market size, 2024 (US$M)
Global beauty and personal care products market share, by product, 2024 & 2030 (%, US$M)
Beauty and personal care products market: Opportunity assessment by country
Global beauty and personal care products market, by region, 2024 (US$M)
| Product | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 76.1 | 82.2 | 88.9 | 95.2 | 88.4 | 98.1 | 105.2 | 113.0 | 121.4 | 130.5 | 140.3 | 151.0 | 162.6 | 175.2 | 188.8 | 7.6% |
| Europe | 94.8 | 101.2 | 108.1 | 114.5 | 105.0 | 115.2 | 123.8 | 129.5 | 137.4 | 145.9 | 154.9 | 164.5 | 174.8 | 185.8 | 197.6 | 6.2% |
| Asia Pacific | 138.5 | 151.2 | 165.1 | 178.8 | 167.7 | 188.1 | 203.9 | 221.2 | 240.1 | 260.6 | 283.1 | 307.7 | 334.6 | 364.1 | 396.3 | 8.7% |
| Latin America | 24.3 | 25.8 | 27.5 | 29.0 | 26.5 | 28.9 | 30.5 | 32.2 | 34.0 | 35.9 | 38.0 | 40.1 | 42.4 | 44.8 | 47.4 | 5.7% |
| MEA | 39.6 | 43.0 | 46.8 | 50.4 | 47.1 | 52.6 | 56.8 | 61.3 | 66.3 | 71.7 | 77.6 | 84.0 | 91.0 | 98.6 | 106.9 | 8.3% |
| Overall | 373.2 | 403.4 | 436.4 | 467.8 | 434.6 | 482.9 | 520.3 | 557.2 | 599.2 | 644.6 | 693.9 | 747.4 | 805.4 | 868.5 | 937.1 | 7.7% |
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