Personal Care Products Market Size, Share, Dynamics, Growth, Supply and Demand, Strategies, Forecast 2018 - 2026
Personal Care Products Market |
Personal care products are largely used to maintain and improve an individual's personal hygiene and physical appearance. As a result, these goods are widely utilised in every family, by individuals of different ages, genders, ethnicities, and socioeconomic position. Hygiene, which is essential for human health and well-being, is also a risk factor for diseases like tuberculosis and malaria. Consumer knowledge of numerous hygiene-related disorders, as well as the benefits of personal care products in reducing the risk of disease spread, has resulted in an increase in consumer demand for personal care products in recent years.
The global Personal Care Products Market for is predicted to develop significantly in the future years as consumers' discretionary income rises, allowing them to spend on high-end personal care goods. While women's personal care products are a popular sector, the introduction of a men's grooming product line has significantly boosted the market's growth. Furthermore, in the coming years, the development of improved and new products in the women's line, such as cosmeceutical and multifunctional products, is likely to boost personal care product sales. Manufacturers have saturated the market with customised hair and skin products in order to cater to unique customer needs.
Promotional deals, advertising, and media penetration are also predicted to assist the sector. Aspects such as rising consumer buying power, an abundance of multinational brands, and increased urbanisation are projected to aid market expansion in the near future in emerging nations.
Market Segmentation:
By Product
By distribution channel
Some of the major companies operating in the global personal care products market are Estee Lauder, Yves Rocher, The Body Shop, The Hain Celestial Group, L’Oreal S.A., Colgate-Palmolive Company, Johnson & Johnson, Unilever PLC, Avon Products Inc., Procter & Gamble, and Kao Corporation.
Promotional deals, advertising, and media penetration are also predicted to assist the sector. Aspects such as rising consumer buying power, an abundance of multinational brands, and increased urbanisation are projected to aid market expansion in the near future in emerging nations.
Market Segmentation:
By Product
- Skincare Products
- Haircare Products
- Color Cosmetics
- Oral Care Products
- Others
- Hypermarkets
- Supermarkets
- Departmental Stores
- Others
Some of the major companies operating in the global personal care products market are Estee Lauder, Yves Rocher, The Body Shop, The Hain Celestial Group, L’Oreal S.A., Colgate-Palmolive Company, Johnson & Johnson, Unilever PLC, Avon Products Inc., Procter & Gamble, and Kao Corporation.
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