Global Beauty and Personal Care Products Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Conventional and OrganicBy Personal Care Products;
Hair Care Products, Skin Care Products, Bath & Shower, Oral Care, Men's Grooming Products, and Deodorants & AntiperspirantsBy Cosmetics/Make-up Products;
Facial Cosmetics, Eye Cosmetic Products, Lip & Nail Make-up Products, Hair Styling, and Coloring ProductsBy Distribution Channel;
Specialist Retail Stores, Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Channels, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Beauty and Personal Care Products Market Overview
Beauty and Personal Care Products Market (USD Million)
Beauty and Personal Care Products Market was valued at USD 601,547.24 million in the year 2024. The size of this market is expected to increase to USD 1,004,513.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.
Global Beauty and Personal Care Products Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 7.6 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 7.6 % |
Market Size (2024) | USD 601,547.24 Million |
Market Size (2031) | USD 1,004,513.17 Million |
Market Concentration | Medium |
Report Pages | 316 |
Major Players
- The Procter & Gamble Company
- Revlon, Inc
- Oriflame Holding AG
- Avon Products Inc.
- The Estee Lauder Companies Inc
- Shiseido Company, Limited
- TLC Hygienic Cosmetic Pty Limited
- Unilever
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Beauty and Personal Care Products Market
Fragmented - Highly competitive market without dominant players
The Beauty and Personal Care Products Market is expanding as more consumers prioritize ingredient transparency and holistic wellness. Interest in clean, organic, and non-toxic formulations has grown by over 20%, leading to a significant shift in brand development and marketing strategies focused on sustainability and skin safety.
Demand for Tailored Solutions
The demand for personalized personal care solutions is accelerating. AI-backed skincare diagnostics and custom-blended products are growing in popularity, pushing the market to deliver 18% more innovation-focused solutions. Personalization is becoming a key strategy to enhance brand differentiation and user satisfaction.
Shift Towards Luxury and Experience
Consumers are increasingly drawn to premium product experiences, with luxury segments noting a 22% upsurge in demand. Advanced formulations, elegant packaging, and a superior brand narrative are contributing to enhanced brand perceptions and customer retention across all age demographics.
Sustainable Product Development
Sustainability is playing a pivotal role in purchase decisions, with 35% of consumers now opting for eco-friendly packaging. Brands are actively transitioning to biodegradable, refillable, and recyclable solutions, aligning their values with environmentally aware buyers and reinforcing their long-term relevance.
Beauty and Personal Care Products Market Recent Developments
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In September 2023, L’Oréal Groupe announced a minority investment in Shinehigh Innovation, a China-based biotech firm, to co-develop sustainable beauty solutions powered by advanced green science technologies.
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In April 2023, Pacifica introduced the Wake Up Beautiful body care line, featuring retinoid and mushroom-infused products like serums and lotions crafted with eco-friendly, skin-hydrating ingredients.
Beauty and Personal Care Products MarketSegment Analysis
In this report, the Beauty and Personal Care Products Market has been segmented by Type, Personal Care Products, Cosmetics/Make-Up Products, Distribution Channel, and Geography.
Beauty and Personal Care Products Market, Segmentation by Type
The Beauty and Personal Care Products Market has been segmented by Type into Conventional and Organic.
Conventional
The conventional beauty and personal care products segment continues to dominate the market, accounting for approximately 70% of the global share. These products are widely preferred due to their affordability, longer shelf life, and well-established brand recognition. However, rising awareness of harmful chemicals is gradually affecting consumer trust in this segment. Despite that, conventional items still appeal to a large consumer base seeking instant results and cost-effective solutions.
Organic
The organic segment is experiencing rapid growth, currently contributing around 30% of the market share. Consumers are increasingly drawn to clean-label ingredients, eco-friendly formulations, and cruelty-free production practices. Rising health consciousness and a shift toward sustainable lifestyles have boosted demand for organic options. Brands in this space are emphasizing transparency and natural sourcing to strengthen consumer loyalty and online visibility.
Beauty and Personal Care Products Market, Segmentation by Personal Care Products
The Beauty and Personal Care Products Market has been segmented by Personal Care Products into Hair Care Products, Skin Care Products, Bath and Shower, Oral Care, Men's Grooming Products and Deodorants and Antiperspirants.
Hair Care Products
The hair care segment forms a significant part of the market, contributing nearly 25% of the total share. Driven by rising concerns around hair damage, scalp health, and the growing trend of styling products, this category is expanding steadily. Consumers are leaning toward nourishing shampoos, chemical-free conditioners, and repairing serums for targeted care solutions.
Skin Care Products
Skin care holds the largest market share at around 30%, propelled by a growing focus on self-care routines and anti-aging solutions. Products like moisturizers, serums, sunscreens, and facial masks are in high demand, especially among millennials and Gen Z. The surge in online beauty influencers is further fueling product awareness and adoption.
Bath and Shower
Accounting for approximately 15% of the market, bath and shower products continue to thrive on consumer demand for daily hygiene essentials. Items such as body washes, soaps, and exfoliating scrubs are being enhanced with aromatic ingredients and moisturizing agents to offer a luxurious cleansing experience.
Oral Care
The oral care segment represents nearly 10% of the market, fueled by growing awareness of dental hygiene and preventive care. Consumers increasingly prefer fluoride-free toothpastes, mouthwashes, and whitening products that promote long-term oral health.
Men's Grooming Products
Men’s grooming is gaining traction with a market share of about 12%, driven by changing societal norms and increased attention to personal appearance. This segment includes beard care kits, face cleansers, and skin care products tailored to men's needs. Rising disposable income is also contributing to this shift in grooming preferences.
Deodorants and Antiperspirants
Making up roughly 8% of the market, deodorants and antiperspirants are essential products in daily routines. Consumers seek long-lasting freshness, natural deodorizing agents, and aluminum-free options, with product innovation and scent variety playing key roles in brand differentiation.
Beauty and Personal Care Products Market, Segmentation by Cosmetics/Make-up Products
The Beauty and Personal Care Products Market has been segmented by Cosmetics/Make-up Products into Facial Cosmetics, Eye Cosmetic Products, Lip & Nail Make-Up Products, Hair Styling, and Coloring Products.
Facial Cosmetics
Facial cosmetics dominate the cosmetics segment, comprising nearly 35% of the category. Products like foundations, primers, concealers, and BB creams are in high demand due to the rise in virtual appearances and social media-driven beauty standards. The focus on flawless skin and long-wear formulations is driving innovation in this segment.
Eye Cosmetic Products
Eye cosmetics account for about 20% of the market, fueled by the growing popularity of expressive eye makeup trends. Products such as eyeliners, mascaras, eyeshadows, and brow definers are essential in everyday makeup routines, especially post-pandemic, when mask-wearing shifted focus to the eyes.
Lip & Nail Make-Up Products
Contributing approximately 18% to the segment, lip and nail makeup products are experiencing steady growth. Consumers are opting for smudge-proof lipsticks, hydrating glosses, and long-lasting nail polishes with vibrant and trending shades. This category thrives on seasonal fashion trends and influencer marketing.
Hair Styling and Coloring Products
Hair styling and coloring products hold around 27% of the cosmetics market share. With rising interest in DIY hair transformations and salon-quality results at home, demand for hair gels, sprays, mousses, and ammonia-free colorants is surging. This growth is also linked to consumers embracing individuality and creative expression through hairstyles.
Beauty and Personal Care Products Market, Segmentation by Distribution Channel
The Beauty and Personal Care Products Market has been segmented by Distribution Channel into Specialist Retail Stores, Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Channels and Others.
Specialist Retail Stores
Specialist retail stores contribute around 28% of the market, offering a focused shopping experience with a wide range of exclusive beauty brands and expert consultations. These outlets attract consumers looking for personalized product recommendations and in-store sampling, driving strong brand loyalty and premium product sales.
Supermarkets/Hypermarkets
Accounting for nearly 26% of the distribution share, supermarkets and hypermarkets appeal to consumers seeking convenience and bulk purchasing options. These large-format retailers offer competitive pricing and extensive product visibility, making them a popular choice for everyday beauty and personal care needs.
Convenience Stores
Convenience stores make up about 10% of the market, serving as accessible points for on-the-go purchases of essential personal care items. Their presence in urban areas and transport hubs makes them ideal for quick product restocking, though they typically offer limited brand variety.
Pharmacies/Drug Stores
With a share of approximately 14%, pharmacies and drug stores are trusted for dermatologically tested and medicated beauty products. These outlets attract health-conscious consumers who prioritize clinical efficacy and skin-safe formulations in their beauty routines.
Online Retail Channels
Online retail is one of the fastest-growing channels, now comprising around 18% of the market. E-commerce platforms offer ease of comparison, discounts, home delivery, and access to global brands. Influencer collaborations and digital product reviews also play a crucial role in driving online beauty purchases.
Others
The remaining 4% of sales are distributed through other channels such as direct selling, salons, and department stores. These outlets cater to niche audiences seeking professional advice, in-store services, or premium offerings outside of conventional retail formats.
Beauty and Personal Care Products Market, Segmentation by Geography
In this report, the Beauty and Personal Care Products Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Beauty and Personal Care Products Market Share (%), by Geographical Region
North America
North America holds a significant share of the market, accounting for approximately 24%. This growth is fueled by high consumer spending on premium beauty brands, a strong presence of established players, and growing awareness of organic and sustainable products. The region also benefits from advanced retail infrastructure and digital marketing strategies.
Europe
Europe captures nearly 22% of the market, driven by a strong tradition of skincare innovation and cosmetic regulations that ensure high product standards. Consumers in this region prefer clean-label and ethically sourced products, with rising demand for vegan and cruelty-free beauty options.
Asia Pacific
The Asia Pacific region leads the market with a share of around 34%, thanks to a large population base, rising disposable incomes, and a rapidly growing middle-class segment. Countries like China, Japan, and South Korea are key contributors, driven by their influence on global beauty trends and high demand for skincare and whitening products.
Middle East and Africa
Middle East and Africa account for approximately 10% of the market. The region is witnessing increased demand for luxury beauty products and halal-certified formulations. Urbanization, social media influence, and a growing youth population are shaping beauty consumption in this area.
Latin America
Latin America represents about 10% of the share, with Brazil and Mexico being major markets. Cultural emphasis on personal grooming and aesthetic care supports market growth. Rising consumer interest in natural ingredients and affordable beauty solutions is driving product innovation in the region.
Beauty and Personal Care Products Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Beauty and Personal Care Products Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Rising demand for clean beauty solutions
- Increased digital marketing and influencer impact
- Growing male grooming and self-care trends
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Personalized product development gaining traction - In the evolving landscape of the beauty and personal care industry, personalized product development is becoming a transformative force. Consumers are no longer satisfied with one-size-fits-all solutions. They are seeking customized experiences that align with their skin types, hair conditions, lifestyle preferences, and even DNA-based diagnostics. This demand is fueling innovation in formulation science, data analytics, and AI-powered recommendation engines.
Advanced technologies such as AI, machine learning, and facial scanning are enabling brands to create unique product profiles for each user. These tools help analyze skin tone, hydration levels, and sensitivity, resulting in highly tailored skin and hair care products. Startups and established companies alike are investing in platforms that offer interactive quizzes, apps, or AI bots to capture user data and recommend suitable solutions.
The growing inclination toward personalization is also enhancing consumer loyalty and engagement. By offering a more involved and immersive journey, brands can deepen relationships and increase customer retention. Additionally, social media influencers often promote these bespoke products, further driving awareness and encouraging word-of-mouth growth.
With consumers showing a willingness to pay a premium for tailored results, personalization is shifting from a luxury to an expectation. As a result, it presents a strong revenue opportunity for manufacturers and formulators who are willing to invest in R&D and digital innovation infrastructure.
Restraints
- Strict regulations on chemical ingredients
- High competition limiting brand differentiation
- Short product lifecycle and consumer fickleness
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Supply chain disruptions affecting global operations - One of the major hindrances in the beauty and personal care products market is supply chain disruptions which impact the availability of raw materials, packaging, and finished goods. Factors such as geopolitical tensions, global pandemics, and transportation delays have exposed vulnerabilities in traditional supply chain models, especially for brands relying on cross-border suppliers.
Companies face challenges in procuring essential oils, emollients, active ingredients, and other base materials that are often sourced from diverse global regions. Delays and increased costs in procurement not only inflate product prices but also reduce profit margins and affect brand competitiveness. These inconsistencies can result in stockouts, inconsistent product quality, and brand loyalty issues.
Packaging, which plays a crucial role in aesthetics and sustainability, is also impacted due to raw material shortages and transportation inefficiencies. Especially for brands focused on eco-conscious packaging, the scarcity of sustainable options like biodegradable containers or recycled plastics has become a serious issue. Moreover, shifts in consumer buying patterns toward e-commerce put additional pressure on inventory planning.
To counteract these risks, companies are investing in localized supply chains and exploring vertical integration. However, these efforts require time, capital, and regulatory clearance, making supply chain disruption a persistent and complex restraint.
Opportunities
- Expansion in emerging and underserved markets
- Sustainable packaging and eco-friendly formulation
- AI integration for customized skincare routines
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E-commerce growth enhancing direct-to-consumer sales - The exponential growth of e-commerce platforms has opened new revenue streams for the beauty and personal care products market. With increasing digital penetration, consumers now have easier access to a wider array of products across regions, enabling smaller and emerging brands to compete alongside global players. Online channels offer 24/7 availability, convenience, and personalized marketing strategies that enhance user experience.
Social commerce, influencer marketing, and virtual try-on tools are transforming the way consumers discover and engage with beauty brands. Through AI-powered product suggestions and real-time virtual consultations, companies can simulate in-store experiences online. These tools significantly drive conversions and boost customer satisfaction. In particular, younger demographics are increasingly relying on these technologies to make informed purchasing decisions.
E-commerce facilitates the gathering of consumer data, allowing brands to fine-tune their offerings, pricing, and delivery models. By leveraging these insights, companies can tailor promotions and offer loyalty programs that increase repeat purchases and average basket value. Subscription-based models and direct-to-consumer strategies are becoming highly lucrative approaches to capturing long-term value.
As internet penetration continues to rise globally and mobile-first shopping becomes more dominant, the online distribution ecosystem is positioned to become the primary sales channel for many beauty and personal care products. This shift presents an exceptional opportunity for brands to innovate in both product delivery and customer experience.
Beauty and Personal Care Products Market Competitive Landscape Analysis
Key players in Beauty and Personal Care Products Market include:
- L’Oréal
- Estée Lauder
- Unilever
- Procter & Gamble
- Shiseido
- Johnson & Johnson
- Coty
- Beiersdorf
- Natura & Co.
- e.l.f. Beauty
- The Honest Company
- Drunk Elephant (Shiseido)
- KORA Organics
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Personal Care Products
- Market Snapshot, By Cosmetics/Make-up Products
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Beauty and Personal Care Products Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising demand for clean beauty solutions
- Increased digital marketing and influencer impact
- Growing male grooming and self-care trends
- Personalized product development gaining traction
- Restraints
- Strict regulations on chemical ingredients
- High competition limiting brand differentiation
- Short product lifecycle and consumer fickleness
- Supply chain disruptions affecting global operations
- Opportunities
- Expansion in emerging and underserved markets
- Sustainable packaging and eco-friendly formulation
- AI integration for customized skincare routines
- E-commerce growth enhancing direct-to-consumer sales
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
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Beauty and Personal Care Products Market, By Type, 2021 - 2031 (USD Million)
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Conventional
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Organic
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- Beauty and Personal Care Products Market, By Personal Care Products, 2021 - 2031 (USD Million)
- Hair Care Products
- Shampoo
- Conditioners
- Hair Oil
- Others
- Skin Care Products
- Facial Care Products
- Body Care Products
- Lip Care Products
- Bath and Shower
- Shower Gels
- Soaps
- Bath Salts
- Bathing Accessories
- Others
- Oral Care
- Toothbrushes and Replacements
- Toothpaste
- Mouthwashes and Rinses
- Others
- Men's Grooming Products
- Deodorants & Antiperspirants
- Hair Care Products
- Beauty and Personal Care Products Market, By Cosmetics/Make-up Products, 2021 - 2031 (USD Million)
- Facial Cosmetics
- Eye Cosmetic Products
- Lip and Nail Make-up Products
- Hair Styling
- Coloring products
- Beauty and Personal Care Products Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Specialist Retail Stores
- Supermarkets/Hypermarkets
- Convenience Stores
- Pharmacies/Drug Stores
- Online Retail Channels
- Others
- Beauty and Personal Care Products Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
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- Competitive Landscape
- Company Profiles
- L’Oréal
- Estée Lauder
- Unilever
- Procter & Gamble
- Shiseido
- Johnson & Johnson
- Coty
- Beiersdorf
- Natura & Co.
- e.l.f. Beauty
- The Honest Company
- Drunk Elephant (Shiseido)
- KORA Organics
- Company Profiles
- Analyst Views
- Future Outlook of the Market