Europe Beauty And Personal Care Products Market Size & Outlook
Europe beauty and personal care products market, 2016-2030 (US$M)
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Europe beauty and personal care products market highlights
- The Europe beauty and personal care products market generated a revenue of USD 123.8 million in 2022.
- The market is expected to grow at a CAGR of 6% from 2023 to 2030.
- In terms of segment, skin care was the largest revenue generating product in 2022.
- Color cometics is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 123.8 million |
| Market revenue in 2030 | USD 197.6 million |
| Growth rate | 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 |
| Key market players worldwide | Unilever PLC, The Estee Lauder Companies Inc Class A, Shiseido Co Ltd, Revlon, Procter & Gamble Co, L'Oreal SA, Coty Inc Class A, Kao Corp, Avon Protection PLC, Oriflame Cosmetics |
Other key industry trends
- In terms of revenue, Europe region accounted for 23.8% of the global beauty and personal care products market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 396.3 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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Europe 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 33.2% in 2022. Horizon Databook has segmented the Europe 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.
The beauty and personal care products in Europe adhere to EU regulations that are more stringent than those in the U.S., bolstering consumer confidence in product quality. These regulations are overseen by the EU Commission, with Regulation (EC) No. 1223/2009 serving as the primary legislation for finished cosmetics in the EU.
Advancements in technology, such as augmented reality (AR) for virtual makeup try-ons and skincare analysis apps, have enhanced the consumer shopping experience and driven demand for innovative products. In July 2022, Proven Skincare, a U.S. based manufacturer, revealed its global expansion into the European Union and the U.K.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe 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 continent-level data and insights on the Europe beauty and personal care products market , including forecasts for subscribers. This continent databook contains high-level insights into Europe beauty and personal care products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Europe beauty and personal care products market size, by country, 2016-2030 (US$M)
Europe Beauty And Personal Care Products Market Outlook Share, 2022 & 2030 (US$M)
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