Home Beauty Products Global Beauty and Personal Care Product Market is Expected to Reach USD 756.63 Billion by 2026 : Fior Markets – Yahoo Finance

Global Beauty and Personal Care Product Market is Expected to Reach USD 756.63 Billion by 2026 : Fior Markets – Yahoo Finance

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Beauty and Personal Care Products Market by Product (Skin Care/Sun Care, Hair Care, Makeup &amp; Color Cosmetic Products, Deodorants/Fragrances, Others), Type, Distribution channel, Regions, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2019 to 2026” data-reactid=”11″>Beauty and Personal Care Products Market by Product (Skin Care/Sun Care, Hair Care, Makeup & Color Cosmetic Products, Deodorants/Fragrances, Others), Type, Distribution channel, Regions, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2019 to 2026

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Newark, NJ, Jan. 24, 2020 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the&nbsp;global beauty and personal care products market is expected to grow from USD 493.34 billion in 2018 to USD 756.63 billion by 2026, at a CAGR of 5.81% during the forecast period 2019-2026.” data-reactid=”12″>Newark, NJ, Jan. 24, 2020 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global beauty and personal care products market is expected to grow from USD 493.34 billion in 2018 to USD 756.63 billion by 2026, at a CAGR of 5.81% during the forecast period 2019-2026.

Beauty and personal care products are used to enhance the appearance of the face or fragrance and texture of the body. Many beauty products are designed for applying to the face and body. They are generally mixtures of chemical compounds derived from natural sources or maybe synthetic or artificial. Nowadays, many companies are producing natural and organic beauty and personal care products, with the increasing consumer concern over chemical usage in beauty products. In addition to this, an increasing trend of personalization and customization of beauty and personal care products is expected to offer considerable opportunities in the market. Moreover, innovation in packaging of beauty products is further boosting the growth of the market, during the forecast period 2019–2026.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Global Beauty and Personal Care Product Market Key Findings:” data-reactid=”15″>Global Beauty and Personal Care Product Market Key Findings:

  • Factors such as the rising preference for organic beauty and personal care products, increasing ageing population, rising concern over appearance are driving the global beauty and personal care product market.
  • The volatility in the raw material prices and erratic supply of raw materials is expected to hinder the market growth.
  • The product segment is divided into skincare/sun care, hair care, makeup & color cosmetic products, deodorants/fragrances, others. The skincare segment emerged as the leader in the global beauty and personal care product market with a revenue of USD 134.47 billion in 2018.  Increasing aging population across the globe are rising concern over skin health are the major factors driving the growth of the market.
  • The type segment includes vegan, organic, and inorganic. The vegan segment is anticipated to grow at the highest CAGR of 6% over the forecast period. With rising awareness about the negative impacts of animal-derived products, the demand for vegan beauty and personal care product is rising.
  • The distribution channel is fragmented into online and offline. The offline segment holds more than 85% market share of the global beauty and personal care product market. Many consumers prefer to buy beauty products through offline retail stores such as supermarket, malls, and hypermarket across the globe. However, factors such as increasing internet penetration, technological advancements, rising adoption of smartphones, and growth of social media have boosted the growth prospects of online distribution channel in the global beauty and personal care product market.
  • The regions analyzed for the global beauty and personal care product market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. The Asia Pacific region emerged as the largest market for the beauty and personal care product and held a market value of USD 160.32 billion in the year 2018.
  • Factors such as growing population, rising internet and smartphone penetration, and increasing demand for organic and natural beauty products led the Asia Pacific region to  dominate the global beauty and personal care product market in 2018.
  • North America held a significant market share in the global beauty and personal care product market, owing to the presence of several key market players in this region.
  • Major players in the global Beauty and personal care product market are Beiersdorf AG, Coty Inc., Kao Corporation, L’occitane International S.A., L’Oréal Group, and Procter & Gamble among others. Many companies have adopted to key strategies such as merger and acquisition, geographical expansion, new product development, and innovation in product offering to gain the competitive advantage in the global beauty and personal care product market.
  • In the year 2019, L’Occitane International SA announced the acquisition of British beauty and skincare brand Elemis to tap millennials and Generation X consumers. With this acquisition, L’Occitane International SA is intended to strengthen its global growth as it expands its market, particularly in Asia where high-end skincare is a rapidly growing area of interest and spend for consumers.
  • In the year 2019, Coty Inc. and Kylie Jenner announced that they have entered into a long-term strategic partnership in order to jointly build and further develop Kylie’s existing beauty business into a global powerhouse brand. Together, Coty and Kylie will set and lead the strategic direction of the partnership, focusing on global expansion and entry into new beauty categories.
  • In November 2019, Kao Corporation announced the development of small, high-performance diffuser which embodies Fine Fiber Technology to create a layered, ultra-thin skincare product. Kao launched this technology under the Kao brand est and the Kanebo brand SENSAI, which offer a new night time skincare routine that combines ultra-thin membrane formed by the diffuser with essence.
  • Ikkai, a premium organic skincare brand was launched in India in October 2018. Ikkai offers an innovative range of skincare products that are made with naturally sourced ingredients and enzymes.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Browse full report with TOC at&nbsp;https://www.fiormarkets.com/report/beauty-and-personal-care-products-market-by-product-407144.html” data-reactid=”30″>Browse full report with TOC at https://www.fiormarkets.com/report/beauty-and-personal-care-products-market-by-product-407144.html

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="About the report: ” data-reactid=”31″>About the report:

The global beauty and personal care product market is analysed on the basis of value (USD Billion). All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, supply, demand analysis, competitor position grid analysis, distribution and marketing channels analysis.

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<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="About Fior Markets” data-reactid=”35″>About Fior Markets

Fior Markets is a futuristic market intelligence company, helping customers flourish their business strategies and make better decisions using actionable intelligence. With transparent information pool, we meet clients’ objectives, commitments on high standard and targeting possible prospects for SWOT analysis and market research reports. Fior Markets deploys a wide range of regional and global market intelligence research reports including industries like technology, pharmaceutical, consumer goods, food and beverages, chemicals, media, materials and many others. Our Strategic Intelligence capabilities are purposely planned to boost your business extension and elucidate the vigor of diverse industry. We hold distinguished units of highly expert analysts and consultants according to their respective domains. The global market research reports we provide involve both qualitative and quantitative analysis of current market scenario as per the geographical regions segregated and comprehensive performance in different regions with global approach. In addition, our syndicated research reports offer a packaged guide to keep companies abreast of the upcoming major restyle in their domains. Fior Markets facilitates clients with research analysis that are customized to their exact requirements, specifications and challenges, whether it is comprehensive desk research, survey work, composition of multiple methods, in-detailed interviewing or competitive intelligence. Our research experts are experienced in matching the exact personnel and methodology to your business need.

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vertical-align: bottom !important; text-align: left !important; .gnw_label_uline font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; .gnw_label_uline_i10 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 10.0px; .gnw_label_uline_i15 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 15.0px; .gnw_label_uline_i20 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 20.0px; .gnw_label_uline_i25 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 25.0px; .gnw_label_uline_i30 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 30.0px; .gnw_label_dline_i10 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 10.0px; .gnw_label_dline_i15 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 15.0px; .gnw_label_dline_i20 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 20.0px; .gnw_label_dline_i25 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 25.0px; .gnw_label_dline_i30 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 30.0px; .gnw_label_ulinetop font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-top: solid black 1.0pt; .gnw_label_dline font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; .gnw_label_i10 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 10.0px; .gnw_label_i15 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 15.0px; .gnw_label_i20 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 20.0px; .gnw_label_i25 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 25.0px; .gnw_label_i30 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 30.0px; .gnw_num font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; .gnw_num_uline font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-bottom: solid black 1.0pt; .gnw_num_ulinetop font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-top: solid black 1.0pt; .gnw_num_dline font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-bottom: double black 2.5pt; .gnw_num_dlinetop font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-top: double black 2.5pt; .gnw_data font: 12px Arial; vertical-align: bottom !important; text-align: left !important; white-space: nowrap !important; .gnw_data_uline font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; .gnw_data_dline font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; .gnw_news_media_box margin-top: 15px !important; margin-left: 6px !important; margin-bottom: 6px !important; margin-right: 6px !important; border-width: 1px !important; border-color: #A9A9A9 !important; border-style: solid !important; .gnw_media_caption font-size: 8pt !important; font-family: Verdana, Arial, Helvetica, Geneva, Swiss, SunSans-Regular !important; .gnw_media_bgcolor background-color: transparent !important; .gnw_table border-collapse: separate !important; border-spacing: 6px !important; .gnw_videotitle font: bold 12px Arial !important; color: #1d5296 !important; td.gnw_heading font: 16px Arial; text-align: center !important; td.gnw_subhead font: 12px Arial; text-align: center !important; td.gnw_colhead font: 12px Arial; text-align: center !important; td.gnw_colhead_uline font: 12px Arial; text-align: center !important; border-bottom: solid black 1.0pt; td.gnw_colhead_dline font: 12px Arial; text-align: center !important; border-bottom: double black 2.5pt; td.gnw_label font: 12px Arial; vertical-align: bottom !important; text-align: left !important; td.gnw_label_uline font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; td.gnw_label_uline_i10 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 10.0px; td.gnw_label_uline_i15 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 15.0px; td.gnw_label_uline_i20 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 20.0px; td.gnw_label_uline_i25 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 25.0px; td.gnw_label_uline_i30 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; padding-left: 30.0px; td.gnw_label_dline_i10 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 10.0px; td.gnw_label_dline_i15 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 15.0px; td.gnw_label_dline_i20 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 20.0px; td.gnw_label_dline_i25 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 25.0px; td.gnw_label_dline_i30 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; padding-left: 30.0px; td.gnw_label_ulinetop font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-top: solid black 1.0pt; td.gnw_label_dline font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; td.gnw_label_i10 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 10.0px; td.gnw_label_i15 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 15.0px; td.gnw_label_i20 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 20.0px; td.gnw_label_i25 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 25.0px; td.gnw_label_i30 font: 12px Arial; vertical-align: bottom !important; text-align: left !important; padding-left: 30.0px; td.gnw_num font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; td.gnw_num_uline font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-bottom: solid black 1.0pt; td.gnw_num_ulinetop font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-top: solid black 1.0pt; td.gnw_num_dline font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-bottom: double black 2.5pt; td.gnw_num_dlinetop font: 12px Arial; vertical-align: bottom !important; text-align: right !important; white-space: nowrap !important; border-top: double black 2.5pt; td.gnw_data font: 12px Arial; vertical-align: bottom !important; text-align: left !important; white-space: nowrap !important; td.gnw_data_uline font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: solid black 1.0pt; td.gnw_data_dline font: 12px Arial; vertical-align: bottom !important; text-align: left !important; border-bottom: double black 2.5pt; td.gnw_media_caption font-size: 8pt !important; font-family: Verdana, Arial, Helvetica, Geneva, Swiss, SunSans-Regular !important; td.gnw_videotitle font: bold 12px Arial !important; color: #1d5296 !important; ;}

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