Beauty & Personal Care - Northern Europe

Northern Europe

In 2024, the Beauty & Personal Care market in Northern Europe is projected to generate a revenue of US$8.33bn.
It is expected to experience an annual growth rate of US$3.60bn (CAGR 2024-2029).
The largest segment in this market is Personal Care, which is estimated to have a market volume of US$3.60bn in 2024.
When compared globally, in the United States leads in revenue generation, with US$100bn in 2024.
In terms of per person revenues, in Northern Europe generates US$245.80 in 2024.
Furthermore, it is projected that online sales will contribute 36.5% of the total revenue in the Beauty & Personal Care market by 2024.
In Northern Europe, the beauty and personal care market is booming, with a strong emphasis on natural and sustainable products.

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.