GLOBAL BEAUTY AND PERSONAL CARE MARKET 2026
GLOBAL BEAUTY AND PERSONAL CARE MARKET Size, Share, Growth, Trend & Analysis 2026
2016 –2026 GLOBAL BEAUTY AND PERSONAL CARE MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING
Scope of Report Productof Interest (POI): Beauty and Personal Care Beauty and personal care is an art field that addresses the looks and health of someone's hair, nails, and skin. This field of beauty and personal care encompasses a wide range of careers such as stylists, barbers, manicurists, pedicurists, makeup artists, and education. Market Segmentation PRODUCT TYPE REGION Year Range • Personal Care • Europe • Beauty Care • North America Review Period • South America • Middle East & Africa 2016 – 2019 • Asia Pacific Base Year DISTRIBUTION CHANNEL 2020 • Departmental Stores/Grocery Retails Estimated Year • Specialty Store • E-Commerce 2021 • Pharmacies Forecast Period • Others 2022 – 2026 2
Table of Contents S. No. Contents Page No. 1. Product Overview 2. Research Methodology 3. Executive Summary 4. Voice of Customer 4.1. Brand Awareness 4.2. Challenges Faced Post Purchasing 4.3. Factors Influencing Purchase Decisions 5. Global Beauty and Personal Care market Outlook 5.1. Market Size & Forecast 5.1.1. By Value 5.2. Market Share & Forecast 5.2.1. By Product Type (Personal Care (Skin Care, Hair Care), Beauty Care (Makeup and Color Cosmetics, Beauty Tools and Accessories, Nail Care & Others) 5.2.2. By Distribution Channel (Departmental Stores/Grocery Retails, Pharmacies, E- Commerce, Specialty Stores & Others (Institutional Stores, Experts Store, Salon) 5.2.5. By Company (2020) 5.2.6. By Region 5.3. Market Map 6. Asia-Pacific Beauty and Personal Care market Outlook 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast 3
Table of Contents S. No. Contents Page No. 6.2.1. By Product Type 6.2.2. By Distribution Channel 6.2.3. By Country 6.3. Asia Pacific: Country Analysis 6.3.1. China Beauty and Personal Care market Outlook 6.3.1.1. Market Size & Forecast 6.3.1.1.1. By Value 6.3.1.2. Market Share & Forecast 6.3.1.2.1. By Product Type 6.3.1.2.2. By Distribution Channel 6.3.2. India Beauty and Personal Care market Outlook 6.3.2.1. Market Size & Forecast 6.3.2.1.1. By Value 6.3.2.2. Market Share & Forecast 6.3.2.2.1. By Product Type 6.3.2.2.2. By Distribution Channel 6.3.3. Japan Beauty and Personal Care market Outlook 6.3.3.1. Market Size & Forecast 6.3.3.1.1. By Value 6.3.3.2. Market Share & Forecast 6.3.3.2.1. By Product Type 4
Table of Contents S. No. Contents Page No. 6.3.3.2.2. By Distribution Channel 6.3.4. South Korea Beauty and Personal Care market Outlook 6.3.4.1. Market Size & Forecast 6.3.4.1.1. By Value 6.3.4.2. Market Share & Forecast 6.3.4.2.1. By Product Type 6.3.4.2.2. By Distribution Channel 6.3.5. Australia Beauty and Personal Care market Outlook 6.3.5.1. Market Size & Forecast 6.3.5.1.1. By Value 6.3.5.2. Market Share & Forecast 6.3.5.2.1. By Product Type 6.3.5.2.2. By Distribution Channel 7. Europe Beauty and Personal Care market Outlook 7.1. Market Size & Forecast 7.1.1. By Value 7.2. Market Share & Forecast 7.2.1. By Product Type 7.2.2 By Distribution Channel 7.2.3. By Country 5
Table of Contents S. No. Contents Page No. 7.3. Europe: Country Analysis 7.3.1. France Beauty and Personal Care market Outlook 7.3.1.1. Market Size & Forecast 7.3.1.1.1. By Value 7.3.1.2. Market Share & Forecast 7.3.1.2.1. By Product Type 7.3.1.2.2. By Distribution Channel 7.3.2. Germany Beauty and Personal Care market Outlook 7.3.2.1. Market Size & Forecast 7.3.2.1.1. By Value 7.3.2.2. Market Share & Forecast 7.3.2.2.1. By Product Type 7.3.2.2.2. By Distribution Channel 7.3.3. United Kingdom Beauty and Personal Care market Outlook 7.3.3.1. Market Size & Forecast 7.3.3.1.1. By Value 7.3.3.2. Market Share & Forecast 7.3.3.2.1. By Product Type 7.3.3.2.2. By Distribution Channel 7.3.4. Italy Beauty and Personal Care market Outlook 7.3.4.1. Market Size & Forecast 7.3.4.1.1. By Value 7.3.4.2. Market Share & Forecast 6
Table of Contents S. No. Contents Page No. 7.4.4.2.1. By Product Type 7.4.4.2.2. By Distribution Channel 7.3.5. Spain Beauty and Personal Care market Outlook 7.3.5.1. Market Size & Forecast 7.3.5.1.1. By Value 7.3.5.2. Market Share & Forecast 7.3.5.2.1. By Product Type 7.3.5.2.2. By Distribution Channel 8. North America Beauty and Personal Care market Outlook 8.1. Market Size & Forecast 8.1.1. By Value 8.2. Market Share & Forecast 8.2.1. By Product Type 8.2.2 By Distribution Channel 8.2.3. By Country 8.3. North America: Country Analysis 8.3.1. United States Beauty and Personal Care market Outlook 8.3.1.1. Market Size & Forecast 8.3.1.1.1. By Value 8.3.2.2. Market Share & Forecast 8.3.1.2.1. By Product Type 8.3.1.2.2. By Distribution Channel 7
Table of Contents S. No. Contents Page No. 8.3.2. Mexico Beauty and Personal Care market Outlook 8.3.2.1. Market Size & Forecast 8.3.2.1.1. By Value 8.3.2.2. Market Share & Forecast 8.3.2.2.1. By Product Type 8.3.2.2.2. By Distribution Channel 8.3.3. Canada Beauty and Personal Care market Outlook 8.3.3.1. Market Size & Forecast 8.3.3.1.1. By Value 8.3.3.2. Market Share & Forecast 8.3.3.2.1. By Product Type 8.3.3.2.2. By Distribution Channel 9. South America Beauty and Personal Care market Outlook 9.1. Market Size & Forecast 9.1.1. By Value 9.2. Market Share & Forecast 9.2.1. By Product Type 9.2.2 By Distribution Channel 9.2.3. By Company 9.2.4. By Country 9.3. South America: Country Analysis 9.3.1. Brazil Beauty and Personal Care market Outlook 9.3.1.1. Market Size & Forecast 8
Table of Contents S. No. Contents Page No. 9.3.1.1.1. By Value 9.3.2.2. Market Share & Forecast 9.3.1.2.1. By Product Type 9.3.1.2.2. By Distribution Channel 9.4.2. Argentina Beauty and Personal Care market Outlook 9.4.2.1. Market Size & Forecast 9.4.2.1.1. By Value 9.4.2.2. Market Share & Forecast 9.4.2.2.1. By Product Type 9.4.2.2.2. By Distribution Channel 9.4.3. Colombia Beauty and Personal Care market Outlook 9.4.3.1. Market Size & Forecast 9.4.3.1.1. By Value 9.4.3.2. Market Share & Forecast 9.4.3.2.1. By Product Type 9.4.3.2.2. By Distribution Channel 10. Middle East and Africa Beauty and Personal Care market Outlook 10.1. Market Size & Forecast 10.1.1. By Value 10.2. Market Share & Forecast 10.2.1. By Product Type 10.2.2 By Distribution Channel 9
Table of Contents S. No. Contents Page No. 10.2.3. By Country 10.3. MEA: Country Analysis 10.3.1. South Africa Beauty and Personal Care market Outlook 10.3.1.1. Market Size & Forecast 10.3.1.1.1. By Value 10.3.2.2. Market Share & Forecast 10.3.2.2.1. By Product Type 10.3.2.2.2. By Distribution Channel 10.3.2. Saudi Arabia Beauty and Personal Care market Outlook 10.3.2.1. Market Size & Forecast 10.3.2.1.1. By Value 10.3.2.2. Market Share & Forecast 10.3.2.2.1. By Product Type 10.3.2.2.2. By Distribution Channel 10.3.3. UAE Beauty and Personal Care market Outlook 10.3.3.1. Market Size & Forecast 10.3.3.1.1. By Value 10.3.3.2. Market Share & Forecast 10.3.3.2.1. By Product Type 10.3.3.2.2. By Distribution Channel 10
Table of Contents S. No. Contents Page No. 10.3.4. Iran Beauty and Personal Care Market Outlook 10.3.4.1. Market Size and Forecast 10.3.4.1.1. By Value 10.3.4.2. Market Share & Forecast 10.3.4.2.1. By Product Type 10.3.4.2.2. By Distribution Channel 11. Market Dynamics 11.1. Drivers 11.2. Challenges 12. Market Trends & Developments 13. Impact of COVID-19 on Global Beauty and Personal Care Market 14. Competitive Landscape 14.1. Company details 14.2. Financials (As Reported) 14.3. Product & Services 14.4. Key market focus and geographical presence 14.5. Expansion Strategies 14.6. Key Management Personnel 11
Table of Contents S. No. Contents Page No. 15. Strategic Recommendations 16. About us & Disclaimer 12
RESEARCH METHODOLOGY
Research Methodology Market Formulating Developing List Data Data Data Profiling Questionnaire of Respondents Collection Validation Analysis In-depth secondary In order to conduct List of industry TechSci conducted Data obtained as a The data was scrutinized research was conducted to industry experts’ players and industry interviews with result of primary using MS-Excel, statistical determine top players in interviews, TechSci specialists was industry experts and and secondary tools and internal the global beauty and formulated a detailed developed. industry players for research was proprietary database to personal care market, discussion guide. data collection and validated through obtain qualitative and overall market size and verification. rigorous quantitative insights about segmental market size. triangulation. the global beauty and personal care market. Primary Research Desk Research Company Analysis ✓ Identifying Key Opinion ✓ Recent Developments ✓ Market Participants Data Data Filter Research & Actionable Business ✓ Market Changing ✓ Key Strengths Collection & Analysis Intelligence Insights Solution Leaders Aspects/Dynamics ✓ Questionnaire Design ✓ Government Policies ✓ In-depth Interviews ✓ Conclusion Primary Research Secondary Paid Sources Research ✓ LinkedIn ✓ Company Websites ✓ Factiva ✓ TechSci Internal ✓ Company Annual ✓ Hoovers Database Reports ✓ White Paper Study ✓ Financial Reports ✓ Investor Presentations ✓ Regulatory Body ✓ Associations, etc. 14
Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the global beauty and personal care market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing uses of beauty andpersonalcare products. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in the global beauty and personal care market. Methodology Followed forCalculation of Market Size: • Market Size by Value & Volume : Market size, in terms of value, for the year 2020 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as beauty and personal care manufacturers, channel partners, market influencers & end users, industry experts, and other industry participants. • The team interviewed more than 15 – 20 beauty and personal care products manufacturers, 100 – 120 end users, and 15 – 20 industry experts and other value chain stakeholders in the global beauty and personal care market to obtain the overall market size from 2016 to 2020, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2016-2020. 15
Research Methodology • Respondents were asked about the current and future market growth rates, market shares by product type, by distribution channel, by company and by each region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various type werefurther triangulated from other stakeholders. Methodology Followed forCalculation of Market Shares: • Market shares by product type, by distribution channel, by company and by each region were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various types of beauty and personal care products. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed forForecasting: • TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/TableauSoftware. • Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global beautyandpersonalcaremarket,TechSciResearchusedvariousforecasttechniquessuchas: ✓ Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis 16
Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million. Partial List of Companies Interviewed Key Secondary Sources ▪ L'Oréal S.A. ▪ World Bank ▪ Unilever Plc ▪ International Monetary Fund (IMF) ▪ The Estée Lauder Companies Inc. ▪ TechSci Research Proprietary Database & Knowledge ▪ The Procter and Gamble Corporation Repository ▪ Shiseido Company Limited ▪ Company Annual Reports ▪ Kao Corporation ▪ Industry Magazines ▪ Beiersdorf AG ▪ Industry Reports ▪ Coty Inc. ▪ News Dailies ▪ Avon Products ▪ Credible Paid Databases ▪ Groupe L'Occitane 17
Industry Brief According to TechSci Research report, “Global Beauty and Personal Care Market By Product Type (Personal Care (Skin Care, Hair Care), Beauty Care(Makeup and Color Cosmetics, Beauty Tools and Accessories, Nail Care & Others)), By Distribution Channel (Departmental Stores/Grocery Retails, Specialty Store, E- Commerce, Pharmacies & Others (Institutional Stores, Experts Store, Salon)), By Region, Competition, Forecast and Opportunities, 2026”, the global beauty and personal care market has been valued at USD422.72 billion in 2020 and is forecast to reach USD558.12 billion by 2026F with the CAGR of 4.82%. The use of beauty and personal care products has witnessed a considerable increase, worldwide, due to various social, economic, and cultural changes across the globe. Growth in the market can be attributed to increasing disposable income, rising awareness related to hygiene, personal health, skin care, growing working females, and changing lifestyles of consumers. Social media is also considered one of the major driving factors of beauty and personal care market as many people have started their own youtube channels and instagram accounts to spread awareness among people related to beauty and personal care products. Social media has not only given broader market reach to brands but has also reinvented them. In beauty and personal care market, women are more likely to explore new products. They enjoy buying new products and new brands. Major beauty companies are acquiring smaller companies at very high values, which draws more founders and creativity every day. The major reason behind acquisitions is big beauty brands are threatened by the young, independent brands that consumers want now. Using data and customer input to create products for consumers, i.e., customization and personalization is the new trend in beauty and personal care market to retain the customer. The global beauty and personal care market is segmented based on product type, distribution channel, company, and region. In terms of product type, the market can be segregated into personal care and beauty care. Out of these, personal care registered a market share of around 55% in 2020. Personal care products include skin care and hair care where skin care is dominating the market due to growing desire for self-care products. Beauty care products include makeup and color cosmetics, beauty tools and accessories, nail care others where makeup and color cosmetics hold 60% of market share because consumer usetheseto reduce age related imperfection. In terms of distribution channel, the market is segmented into departmental stores/ grocery retails, pharmacies, e-commerce, specialty stores and others. Departmental stores are dominating the global beauty and personal care market. It is also witnessed that countries like India, China, UAE, Saudi Arabia, and South Africa have the highest demand for departmental stores/ grocery retails and pharmacies whereas e-commerce is the emerging trends in global beauty and personal care market. COVID-19 has changed the consumer buying pattern, as consumers have now shifted towards online channels for buying beauty and personal care products due to the closure of retails shops and companies taking safety measures while delivering products to consumers at home. Prompt and easy access to several online shopping sites through smartphones and the presence of popular beauty and personal care brands is boosting the target market growth globally. Secured online payments, easy navigation, customer support, user-friendly website designs, and easy return policy are some of the key factors of sales of beauty and personal care product through e-commerce. It is also found that there is a slight increase in the sales of beauty and personal products via salon and experts stores. In terms of regional analysis, the market is segmented into Asia-Pacific, Europe, North America, South America, and Middle East and Africa. Asia-Pacific is dominating the global beauty and personal care market followed by North America due to rising disposable income, increasing urbanization, growing female workforce, rising concern over self-care and well-being. The rural lifestyle and habits have started mirroring urban aspirations and lifestyle. L'Oréal S.A., Unilever plc, The Estée Lauder Companies Inc., The Procter and Gamble Corporation, Shiseido Company Limited, Kao Corporation, Beiersdorf AG,CotyInc., Avon Products, Groupe L'Occitane are the major leading players in the global beauty and personal care market. “Companies are constantly investing in terms of product innovation and brand development and are looking for personalized service. Like, L’Oréal introduced a prototype of the latest innovation from the L’Oréal Technology Incubator at the 2019 Consumer Electronics Show. My Skin Track pH by La Roche-Posav is the first wearable sensor and companion app to easily measure personal skin pH levels and create customized product regimens to better care for skin.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm. 18
Sample Data - Snapshot Global Beauty and Personal Care Market Size, By Value (USD Million), 2016–2026F 14.00 15.00 11.00 12.00 13.00 8.00 9.00 10.00 5.00 6.00 7.00 2016 CAGR By Value 2020 2021E CAGR By Value 2026F XX% By Value (USD Million) YY% Asia-Pacific Beauty and Personal Care Market Share, By Product Type, By Value, 2016–2026F Personal Care Beauty Care 2026F 40% 60% 2025F 40% 60% 2024F 40% 60% 2023F 40% 60% 2022F 40% 60% 2021E 40% 60% 2020 40% 60% 2019 40% 60% 2018 40% 60% 2017 40% 60% 2016 40% 60% India Beauty and Personal Care Market Share, By Distribution Channel, By Value, 2016–2026F Departmental Stores/Grocery Retails Pharmacies E-Commerce Specialty Stores Others 2026F 20% 20% 20% 20% 20% 2025F 20% 20% 20% 20% 20% 2024F 20% 20% 20% 20% 20% 2023F 20% 20% 20% 20% 20% 2022F 20% 20% 20% 20% 20% 2021E 20% 20% 20% 20% 20% 2020 20% 20% 20% 20% 20% 2019 20% 20% 20% 20% 20% 2018 20% 20% 20% 20% 20% 2017 20% 20% 20% 20% 20% 2016 20% 20% 20% 20% 20% 19
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