Type (Conventional, Organic)
The conventional beauty and personal care products market held a robust share of 86% in 2023 and are expected to continue its dominance between 2024 and 2036. Cost-effectiveness and easy availability are the main factors influencing the sales of conventional beauty and personal care solutions. Compared to organic beauty and personal care products conventional ones are affordable and available with pricing flexibility.
Product (Skin Care, Body Skin Care, Hair Care, Color Cosmetics, Fragrances, Others)
The skin care products segment held 34.5% of the global beauty and personal care products market share in 2023 and is anticipated to rise at a significant CAGR during the forecast period. The increasing consciousness of physical appearance and the craze to look good is driving the sales of skin care products such as lotions, soaps, face creams & moisturizers, face wash, scrubs, and masks.
Manufacturers are aligning with modern beauty trends and are innovating and introducing advanced and effective skin care products such as essential oils, retinoids, and hyaluronic acid. Furthermore, the personalization trend is increasing demand for skin care products for specific skin types and tones.
Our in-depth analysis of the beauty and personal care products market includes the following segments:
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Author Credits: Parul Atri
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