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Global beauty and personal care market was valued at USD422.72 billion in 2020 and is expected to reach USD558.12 billion, growing with the CAGR of 4.82% during the forecast period. The global beauty and personal care market is driven by ageing population and increasing per capita expenditure on beauty and personal care. Clcik : https://www.techsciresearch.com/report/beauty-and-personal-care-market/7421.html
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GLOBAL BEAUTY AND PERSONAL CARE MARKET
FORECAST & OPPORTUNITIES
MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
2016 – 2026
2
Scope of ReportProduct of Interest (POI): Beauty and Personal Care
Review Period
2016 – 2019
Base Year
2020
Estimated Year
2021
Forecast Period
2022 – 2026
Year Range
Beauty and personal care is an art field that addresses the looks andhealth of someone's hair, nails, and skin. This field of beauty andpersonal care encompasses a wide range of careers such as stylists,barbers, manicurists, pedicurists, makeup artists, and education.
Market Segmentation
PRODUCT TYPE
• Personal Care
• Beauty Care
REGION
• Europe
• North America
• South America
• Middle East & Africa
• Asia Pacific
DISTRIBUTION CHANNEL
• Departmental Stores/Grocery Retails
• Specialty Store
• E-Commerce
• Pharmacies
• Others
3
Table of Contents
S. No. Contents Page No.
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
4.1. Brand Awareness
4.2. Challenges Faced Post Purchasing
4.3. Factors Influencing Purchase Decisions
5. Global Beauty and Personal Care market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1.By Product Type (Personal Care (Skin Care, Hair Care), Beauty Care (Makeup and
Color Cosmetics, Beauty Tools and Accessories, Nail Care & Others)
5.2.2.By Distribution Channel (Departmental Stores/Grocery Retails, Pharmacies, E-
Commerce, Specialty Stores & Others (Institutional Stores, Experts Store, Salon)
5.2.5. By Company (2020)
5.2.6. By Region
5.3. Market Map
6. Asia-Pacific Beauty and Personal Care market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
4
S. No. Contents Page No.
6.2.1. By Product Type
6.2.2. By Distribution Channel
6.2.3. By Country
6.3. Asia Pacific: Country Analysis
6.3.1. China Beauty and Personal Care market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Product Type
6.3.1.2.2. By Distribution Channel
6.3.2. India Beauty and Personal Care market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Product Type
6.3.2.2.2. By Distribution Channel
6.3.3. Japan Beauty and Personal Care market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Product Type
Table of Contents
5
S. No. Contents Page No.
6.3.3.2.2. By Distribution Channel
6.3.4. South Korea Beauty and Personal Care market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Product Type
6.3.4.2.2. By Distribution Channel
6.3.5. Australia Beauty and Personal Care market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Product Type
6.3.5.2.2. By Distribution Channel
7. Europe Beauty and Personal Care market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Product Type
7.2.2 By Distribution Channel
7.2.3. By Country
Table of Contents
6
S. No. Contents Page No.
7.3. Europe: Country Analysis
7.3.1. France Beauty and Personal Care market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Product Type
7.3.1.2.2. By Distribution Channel
Table of Contents
7.3.2. Germany Beauty and Personal Care market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Product Type
7.3.2.2.2. By Distribution Channel
7.3.3. United Kingdom Beauty and Personal Care market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Product Type
7.3.3.2.2. By Distribution Channel7.3.4. Italy Beauty and Personal Care market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7
S. No. Contents Page No.
7.4.4.2.1. By Product Type
7.4.4.2.2. By Distribution Channel
7.3.5. Spain Beauty and Personal Care market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Product Type
7.3.5.2.2. By Distribution Channel
Table of Contents
8. North America Beauty and Personal Care market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Product Type
8.2.2 By Distribution Channel
8.2.3. By Country
8.3. North America: Country Analysis
8.3.1. United States Beauty and Personal Care market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.1.2.1. By Product Type
8.3.1.2.2. By Distribution Channel
8
S. No. Contents Page No.
8.3.2. Mexico Beauty and Personal Care market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Product Type
8.3.2.2.2. By Distribution Channel
8.3.3. Canada Beauty and Personal Care market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Product Type
8.3.3.2.2. By Distribution Channel
9. South America Beauty and Personal Care market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Product Type
9.2.2 By Distribution Channel
9.2.3. By Company
9.2.4. By Country
9.3. South America: Country Analysis
9.3.1. Brazil Beauty and Personal Care market Outlook
9.3.1.1. Market Size & Forecast
Table of Contents
9
S. No. Contents Page No.
9.3.1.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.1.2.1. By Product Type
9.3.1.2.2. By Distribution Channel
9.4.2. Argentina Beauty and Personal Care market Outlook
9.4.2.1. Market Size & Forecast
9.4.2.1.1. By Value
9.4.2.2. Market Share & Forecast
9.4.2.2.1. By Product Type
9.4.2.2.2. By Distribution Channel
9.4.3. Colombia Beauty and Personal Care market Outlook
9.4.3.1. Market Size & Forecast
9.4.3.1.1. By Value
9.4.3.2. Market Share & Forecast
9.4.3.2.1. By Product Type
9.4.3.2.2. By Distribution Channel
10. Middle East and Africa Beauty and Personal Care market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Product Type
10.2.2 By Distribution Channel
Table of Contents
10
S. No. Contents Page No.
10.2.3. By Country
10.3. MEA: Country Analysis
10.3.1. South Africa Beauty and Personal Care market Outlook
10.3.1.1.Market Size & Forecast
10.3.1.1.1. By Value
10.3.2.2.Market Share & Forecast
10.3.2.2.1. By Product Type
10.3.2.2.2. By Distribution Channel
10.3.2. Saudi Arabia Beauty and Personal Care market Outlook
10.3.2.1.Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2.Market Share & Forecast
10.3.2.2.1. By Product Type
10.3.2.2.2. By Distribution Channel
10.3.3. UAE Beauty and Personal Care market Outlook
10.3.3.1.Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2.Market Share & Forecast
10.3.3.2.1. By Product Type
10.3.3.2.2. By Distribution Channel
Table of Contents
11
S. No. Contents Page No.
10.3.4. Iran Beauty and Personal Care Market Outlook
10.3.4.1. Market Size and Forecast
10.3.4.1.1. By Value
10.3.4.2. Market Share & Forecast
10.3.4.2.1. By Product Type
10.3.4.2.2. By Distribution Channel
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Impact of COVID-19 on Global Beauty and Personal Care Market
14. Competitive Landscape
14.1. Company details
14.2. Financials (As Reported)
14.3. Product & Services
14.4. Key market focus and geographical presence
14.5. Expansion Strategies
14.6. Key Management Personnel
Table of Contents
12
S. No. Contents Page No.
15. Strategic Recommendations
16. About us & Disclaimer
Table of Contents
RESEARCH METHODOLOGY
14
Research Methodology
✓ Identifying Key Opinion
Leaders
✓ Questionnaire Design
✓ In-depth Interviews
Data Collection
Developing List of Respondents
Formulating Questionnaire
Market Profiling
Data Validation
Data Analysis
In-depth secondary research was conducted to
determine top players in the global beauty and personal care market,
overall market size and segmental market size.
In order to conduct industry experts’
interviews, TechSci formulated a detailed
discussion guide.
List of industry players and industry
specialists was developed.
TechSci conducted interviews with
industry experts and industry players for data collection and
verification.
Data obtained as a result of primary and secondary research was
validated through rigorous
triangulation.
The data was scrutinized using MS-Excel, statistical
tools and internal proprietary database to obtain qualitative and
quantitative insights about the global beauty and personal care market.
Data Collection
Data Filter& Analysis
Research &Intelligence
ActionableInsights
BusinessSolution
Primary Research Desk Research Company Analysis
✓ Recent Developments
✓ Market Changing
Aspects/Dynamics
✓ Government Policies
✓ Conclusion
✓ Market Participants
✓ Key Strengths
✓ LinkedIn✓ TechSci Internal
Database
✓ Factiva✓ Hoovers
Paid Sources
✓ Company Websites✓ Company Annual
Reports✓ White Paper Study✓ Financial Reports✓ Investor
Presentations✓ Regulatory Body✓ Associations, etc.
Secondary Research
Primary Research
15
Research Methodology
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of the global beauty and personal care market. The team
has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing uses of beauty
and personal care products. The study includes market forecasting, which would enable our clients to take better decisions while planning their
strategy to achieve sustainability in the global beauty and personal care market.
Methodology Followed for Calculation of Market Size:
• Market Size by Value & Volume : Market size, in terms of value, for the year 2020 was calculated based on information collected through
exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as beauty and personal care
manufacturers, channel partners, market influencers & end users, industry experts, and other industry participants.
• The team interviewed more than 15 – 20 beauty and personal care products manufacturers, 100 – 120 end users, and 15 – 20 industry
experts and other value chain stakeholders in the global beauty and personal care market to obtain the overall market size from 2016 to
2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive
at the market size data during 2016-2020.
16
Research Methodology
• Respondents were asked about the current and future market growth rates, market shares by product type, by distribution channel, by
company and by each region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares
generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various type
were further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
• Market shares by product type, by distribution channel, by company and by each region were calculated based on the responses received
through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from
various types of beauty and personal care products. The final shares were calculated by taking the geometric mean of the responses
gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in
SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global
beauty and personal care market, TechSci Research used various forecast techniques such as:
✓ Moving Average
✓ Time Series Analysis
✓ Regression Analysis
✓ Econometric and Judgmental Analysis
17
Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research
also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It
should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the
United States Dollar (USD), with the market size indicated in USD million.
Partial List of Companies Interviewed Key Secondary Sources
▪ L'Oréal S.A.
▪ Unilever Plc
▪ The Estée Lauder Companies Inc.
▪ The Procter and Gamble Corporation
▪ Shiseido Company Limited
▪ Kao Corporation
▪ Beiersdorf AG
▪ Coty Inc.
▪ Avon Products
▪ Groupe L'Occitane
▪ World Bank
▪ International Monetary Fund (IMF)
▪ TechSci Research Proprietary Database & Knowledge
Repository
▪ Company Annual Reports
▪ Industry Magazines
▪ Industry Reports
▪ News Dailies
▪ Credible Paid Databases
18
Industry Brief
According to TechSci Research report, “Global Beauty and Personal Care Market By Product Type (Personal Care (Skin Care, Hair Care), Beauty Care(Makeup
and Color Cosmetics, Beauty Tools and Accessories, Nail Care & Others)), By Distribution Channel (Departmental Stores/Grocery Retails, Specialty Store, E-
Commerce, Pharmacies & Others (Institutional Stores, Experts Store, Salon)), By Region, Competition, Forecast and Opportunities, 2026”, the global beauty
and personal care market has been valued at USD422.72 billion in 2020 and is forecast to reach USD558.12 billion by 2026F with the CAGR of 4.82%. The
use of beauty and personal care products has witnessed a considerable increase, worldwide, due to various social, economic, and cultural changes across the
globe. Growth in the market can be attributed to increasing disposable income, rising awareness related to hygiene, personal health, skin care, growing working
females, and changing lifestyles of consumers. Social media is also considered one of the major driving factors of beauty and personal care market as many
people have started their own youtube channels and instagram accounts to spread awareness among people related to beauty and personal care products.
Social media has not only given broader market reach to brands but has also reinvented them. In beauty and personal care market, women are more likely to
explore new products. They enjoy buying new products and new brands. Major beauty companies are acquiring smaller companies at very high values, which
draws more founders and creativity every day. The major reason behind acquisitions is big beauty brands are threatened by the young, independent brands that
consumers want now. Using data and customer input to create products for consumers, i.e., customization and personalization is the new trend in beauty and
personal care market to retain the customer.
The global beauty and personal care market is segmented based on product type, distribution channel, company, and region. In terms of product type, the
market can be segregated into personal care and beauty care. Out of these, personal care registered a market share of around 55% in 2020. Personal care
products include skin care and hair care where skin care is dominating the market due to growing desire for self-care products. Beauty care products include
makeup and color cosmetics, beauty tools and accessories, nail care others where makeup and color cosmetics hold 60% of market share because consumer
use these to reduce age related imperfection.
In terms of distribution channel, the market is segmented into departmental stores/ grocery retails, pharmacies, e-commerce, specialty stores and others.
Departmental stores are dominating the global beauty and personal care market. It is also witnessed that countries like India, China, UAE, Saudi Arabia, and
South Africa have the highest demand for departmental stores/ grocery retails and pharmacies whereas e-commerce is the emerging trends in global beauty
and personal care market. COVID-19 has changed the consumer buying pattern, as consumers have now shifted towards online channels for buying beauty and
personal care products due to the closure of retails shops and companies taking safety measures while delivering products to consumers at home. Prompt and
easy access to several online shopping sites through smartphones and the presence of popular beauty and personal care brands is boosting the target market
growth globally. Secured online payments, easy navigation, customer support, user-friendly website designs, and easy return policy are some of the key factors
of sales of beauty and personal care product through e-commerce. It is also found that there is a slight increase in the sales of beauty and personal products via
salon and experts stores.
In terms of regional analysis, the market is segmented into Asia-Pacific, Europe, North America, South America, and Middle East and Africa. Asia-Pacific is
dominating the global beauty and personal care market followed by North America due to rising disposable income, increasing urbanization, growing female
workforce, rising concern over self-care and well-being. The rural lifestyle and habits have started mirroring urban aspirations and lifestyle.
L'Oréal S.A., Unilever plc, The Estée Lauder Companies Inc., The Procter and Gamble Corporation, Shiseido Company Limited, Kao Corporation, Beiersdorf
AG, Coty Inc., Avon Products, Groupe L'Occitane are the major leading players in the global beauty and personal care market.
“Companies are constantly investing in terms of product innovation and brand development and are looking for personalized service. Like, L’Oréal introduced a
prototype of the latest innovation from the L’Oréal Technology Incubator at the 2019 Consumer Electronics Show. My Skin Track pH by La Roche-Posav is the
first wearable sensor and companion app to easily measure personal skin pH levels and create customized product regimens to better care for skin.”, said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
19
Sample Data - Snapshot
5.006.00
7.008.00
9.0010.00
11.0012.00
13.0014.00
15.00
2016 2020 2021E 2026F
By Value (USD Million)
Global Beauty and Personal Care Market Size, By Value (USD Million), 2016–2026F
CAGR By Value
XX%CAGR By Value
YY%
40%40%40%40%40%40%40%40%40%40%40%
60%60%60%60%60%60%60%60%60%60%60%
2016
2017
2018
2019
2020
2021E
2022F
2023F
2024F
2025F
2026F
Personal Care Beauty Care
Asia-Pacific Beauty and Personal Care Market Share, By Product Type, By Value, 2016–2026F
20%20%20%20%20%20%20%20%20%20%20%
20%20%20%20%20%20%20%20%20%20%20%
20%20%20%20%20%20%20%20%20%20%20%
20%20%20%20%20%20%20%20%20%20%20%
20%20%20%20%20%20%20%20%20%20%20%
2016
2017
2018
2019
2020
2021E
2022F
2023F
2024F
2025F
2026F
Departmental Stores/Grocery Retails Pharmacies E-Commerce Specialty Stores Others
India Beauty and Personal Care Market Share, By Distribution Channel, By Value, 2016–2026F
20
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Report Name: GLOBAL BEAUTY AND PERSONAL CARE MARKET
FORECAST & OPPORTUNITIES2016 – 2026
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About Us & Disclaimer
TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in
number of areas to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The
proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’
model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich
evaluation of the opportunities available in the market.
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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considersreliable and firsthand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors oromissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of thisreport. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative marketsize and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.
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