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:
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.
Notes: The growth rates shown are based on 2022. The growth rates of the drivers in the market driver chart are calculated using USD values. Using a different currency will not affect their growth rates; however, the data might change due to conversion rates.
Most recent update: Mar 2024
Source: Statista Market Insights
Clean beauty refers to cosmetics, skincare, and personal care products devoid of harmful chemicals like propylparaben and butylparaben. The Covid period boosted this trend as a significant drop in social contacts shifted consumption from cosmetics to skincare and personal care products. Another consideration regarding clean beauty has been the concept of ethics as it relates to animal testing. Over time, the concept of clean beauty has also expanded to include sustainability throughout the entire production process.
One of the biggest challenges facing clean beauty brands has been the higher prices associated with its products as mass produced products tend to be significantly cheaper. However, we are now seeing improved performance across the entire spectrum of clean beauty product lines suggesting that this may no longer be a significant obstacle. For example, premium skincare brand, Aesop, showed an average growth rate of 40 percent between 2020 and 2021 despite the economic downturn due to Covid.
The unwritten rule of any consumer market is to ensure a positive customer experience. We should also keep in mind that the definition of positive experience can change over time. The growing interest in non-toxic or cruelty-free products suggest that consumers will look for brands that produce more products that align with their individual values. Therefore, in line with these consumer behaviors, clean beauty products are expected to be a main driver across the Beauty & Personal Care industry.
Most recent update: Mar 2024
Source: Statista Market Insights
Notes: The chart reflects the percentage of revenue generated from the sale of Beauty & Personal Care products through specific retail sales channels. The data is based on the following countries: Austria, Brazil, Canada, France, Germany, India, Japan, Mexico, Netherlands, Russia, Singapore, South Korea, United Kingdom, and the United States.
Most recent update: Sep 2024
Sources: Statista Market Insights, Statista Consumer Insights Global
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights