Beauty & Personal Care - BRICS
BRICS- The revenue generated in the Beauty & Personal Care market in BRICS is projected to reach a substantial amount of US$149.60bn by 2024.
- This market is expected to experience an annual growth rate of 3.87% (CAGR 2024-2029), indicating a positive outlook for the industry in the coming years.
- Among the various segments within the Beauty & Personal Care market, the Personal Care segment stands as the largest with a market volume of US$66.99bn in 2024.
- This signifies the significant demand for personal care products within the BRICS countries.
- When compared on a global scale, United States emerges as the leading revenue generator in the Beauty & Personal Care market, with a substantial revenue of US$100bn in 2024.
- This highlights the dominance of the US market in the beauty and personal care industry.
- In terms of per capita revenue, the BRICS countries generate approximately US$45.36 per person in 2024.
- This metric provides insight into the average individual spending on beauty and personal care products within the BRICS countries.
- Furthermore, it is expected that online sales will contribute to 32.3% of the total revenue in the Beauty & Personal Care market by 2024.
- This indicates the growing importance of e-commerce in the distribution and sales of beauty and personal care products within the BRICS countries.
- In Brazil, the beauty market is booming with a surge in demand for natural and organic products.
- Key regions:
- United States,
- Worldwide,
- India,
- Indonesia,
- Canada
Definition:
The Beauty & Personal Care market refers to consumer goods for cosmetics and body care. This market includes various categories such as cosmetics, skin care, personal care, fragrances and beauty tech. Excluded categories are beauty services, such as hairdressers, and professional products. Products that primarily serve medical purposes are also excluded here but are shown as part of the OTC Pharmaceuticals market. All shown sales values refer to the retail value and include sales taxes.
Structure:
The market consists of 5 different segments:
- The Cosmetics cover face cosmetics, lip cosmetics, eye cosmetics, nails, and natural cosmetics.
- The Skin Care covers face skin care, body care, sun protecting products, baby & child and natural skin care.
- The Hair Care covers shower & bath, oral care, deodorants, shaving, natural and personal care.
- The Fragrances cover the consumer market for perfume and Eau de Toilette and any fragrances that cover normal body odor.
- The Beauty tech covers the development and application of digital tools and devices that aim to enhance beauty-related experiences, improve skincare routines, and provide personalized beauty solutions.
Additional Information:
The market comprises revenue, average revenue per capita, sales channel. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). For more information on the displayed data, click the info button on the right side of each box.
In-Scope
- Decorative cosmetics
- Skin care
- Personal care
- Hair care and styling products
- Perfume and eaux de toilette
Out-Of-Scope
- Professional products & services
- Electronic personal care products (hair dryers, shavers)
