01.30.23
In 2017, the personal are market was valued at $406.98 billion. According to Technavio, the personal care market size is estimated to grow by $169.7 billion from 2022 to 2027 at a CAGR of 6.4%.
Major drivers of growth include:
Key challenges include:
Major personal care vendors include:
Find the full report here.
Major drivers of growth include:
- An increasing number of male and female customers opting for personal care products
- Rising demand for personal care products with naturally derived ingredients
- Increasing product launches by conglomerate companies
Key challenges include:
- High cost of natural and organic personal care products
- Growing preference for DIY personal care products at home
- Stringent regulatory guidelines
Major personal care vendors include:
- Amway Corp.
- Beiersdorf AG
- CHANEL Ltd.
- Colgate Palmolive Co.
- Emami Ltd.
- Henkel AG and Co. KGaA
- Johnson and Johnson
- Kanebo Cosmetics Inc.
- Kao Corp.
- LOreal SA
- Mary Kay Inc.
- Natura and Co Holding SA
- Oriflame Holding AG
- Revlon Inc.
- Shiseido Co. Ltd.
Find the full report here.
