Beauty & Personal Care - Eastern Asia

Eastern Asia

In 2024, the revenue in the Beauty & Personal Care market in Eastern Asia amounts to US$139.10bn.
It is projected to grow annually by 3.44% (CAGR 2024-2029).
The largest segment in this market is Skin Care, with a market volume of US$55.69bn in 2024.
When compared globally, in the United States generates the highest revenue, with US$100bn in 2024.
In terms of per person revenues, in Eastern Asia generates US$85.11 in 2024.
Additionally, it is estimated that 43.1% of the total revenue in the Beauty & Personal Care market will come from online sales by 2024.
In South Korea, the use of innovative skincare products and the pursuit of flawless skin are driving the growth of the beauty and personal care market.

Key regions: United States, Worldwide, India, Indonesia, Canada

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Analyst Opinion

The Beauty & Personal Care market is thriving and one of the fastest growing consumer markets, driven in particular by the Cosmetics and Skin Care segments. The main reason for this strong growth is the generational shift with young consumers entering the market. At the same time, this change is reinforced by social media, internationality, and eCommerce, which have a lasting effect on buying behavior when it comes to beauty products. Trends from all over the world are spreading and changing the daily beauty and care routine.