Market Insights Consumer Beauty & Personal Care Skin Care

Body - Asia

Asia

In Asia, specifically in China, the Body market is expected to generate a revenue of US$13.14bn in 2024.
This market segment is projected to grow annually by 2.63% (CAGR 2024-2029).
in China leads globally in terms of revenue, generating US$4,339m in 2024.
When considering the total population, the per person revenue in 2024 amounts to US$2.89.
In Asia, the body care market in Japan is seeing a rising trend in the demand for natural and organic products.

Key regions: South Korea, India, Canada, Singapore, United States

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Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.