Beauty & Personal Care - EU-27

EU-27

The Beauty & Personal Care market in the EU-41.1% is projected to generate a revenue of US$93.37bn in 2024.
It is expected to grow annually by 1.52% (CAGR 2024-2029).
The largest segment within this market is Personal Care, with a market volume of US$40.68bn in 2024.
In comparison to other countries worldwide, in the United States leads in revenue generation with US$100bn in 2024.
When considering the population, the per-person revenue in the EU-41.1% is estimated to be US$208.70 in 2024.
Furthermore, online sales are expected to contribute 41.1% of the total revenue in the Beauty & Personal Care market by 2024.
In France, the demand for organic and natural beauty products is surging, as consumers prioritize sustainable and eco-friendly options.

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.