Market revenue in 2024 | USD 36.3 million |
Market revenue in 2030 | USD 54.0 million |
Growth rate | 6.8% (CAGR from 2024 to 2030) |
Largest segment | <30% |
Fastest growing segment | 30%-50% |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | <30%, 30%-50%, 50%-80%, >80% |
Key market players worldwide | Evonik Industries AG, Taekwang, Arkema SA, Grupa Azoty, Solvay SA, Akzo Nobel NV, gujarat alkalies and chemical ltd, National Peroxide Ltd., OCI Chemical, Airedale Chemical |
<30% was the largest segment with a revenue share of 36.09% in 2024. Horizon Databook has segmented the Japan hydrogen peroxide market based on <30%, 30%-50%, 50%-80%, >80% covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is a key market for cosmetics and personal care products across Asia Pacific. Japan is the second-largest producer of cosmetic and personal care products after the U.S. Since the last few years, the Japanese cosmetics and personal care industry has witnessed a drastic increase in value from approximately USD 5.86 billion in 2012 to 8.15 billion in 2019.
The increasing popularity of skin fix makeup and rising consciousness about branded products are the key drivers of cosmetics industry. Personal care industry in Japan comprises pharmaceutical, medical, cleaning, cosmetics, and some other body care products.
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