Global Cosmetics And Personal Care Stores Market Segments 2024, Forecast To 2033

5 Mar, 2024

The cosmetics and personal care stores market has shown strong growth, escalating from $338.18 billion in 2023 to $366.38 billion in 2024, reflecting a CAGR of 8.3%. The historical period growth is attributed to consumer beauty trends, economic conditions, and retail expansion. The 2028 forecast estimates a market size of $493.11 billion, driven by e-commerce growth, sustainability and clean beauty, and global beauty trends, maintaining a CAGR of 7.7%. Major trends include clean beauty retail spaces and data-driven personalization.

Global Cosmetics And Personal Care Stores Market Key Driver

The cosmetics and personal care stores market is poised for growth, driven by the demand for a healthier lifestyle and hygienic living practices. These stores play a crucial role in offering a diverse range of products that contribute to body cleanliness, health, and grooming. For example, in February 2023, Statistics Canada reported a 6.2% rise in the consumer price index for health and personal care, indicating a growing market. This escalating demand aligns with the broader trend of embracing balanced diets, regular exercise, and hygiene, underscoring the market's potential.

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Global Cosmetics And Personal Care Stores Market Segments

The cosmetics and personal care stores market covered in this report is segmented –
1) By Product: Skin Care, Hair Care, Color Cosmetics, Fragrances, Other Products
2) By Raw Materials: Organic, Inorganic
3) By Distribution Channel: E – Commerce, Direct Selling, Specialty Stores, Hypermarkets And Retail Chains, Other Distribution Channels
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions. Asia-Pacificwas the largest region in the cosmetics and personal care stores market in 2023. Asia-Pacific is expected to be the cosmetics and personal care stores market report fastest-growing region in the forecast period. The regions covered in the cosmetics and personal care stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Cosmetics And Personal Care Stores Industry Players

Unilever plc; The Estée Lauder Companies Inc.; Shiseido Co. Ltd.; Revlon Inc.; Procter & Gamble Co.; L'Oréal S.A.; Coty Inc.; Kao Corporation; Sephora USA Inc.; Ulta Beauty Inc.; Lush Cosmetics; Bath & Body Works LLC; The Body Shop International Limited; Kiehl's LLC; MAC Cosmetics; Origins Natural Resources Inc.; Aveda Corporation; Avon Products Inc.; Mary Kay Inc.; Amway Corporation; Nu Skin Enterprises Inc.; Rodan & Fields LLC; Arbonne International LLC; Younique LLC; Beautycounter Inc.; Tarte Inc.; Glossier Inc.; Morphe Inc.; ColourPop Cosmetics; Fenty Beauty

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AIOps Cosmetics And Personal Care Stores Market Overview

Cosmetics and personal care stores are retail establishments that sell products that are applied to areas on the exterior of the body, like the skin, nails, hair, lips, and external organs, or oral hygiene, in order to clean, protect from germs, prevent bad odor, change appearance, and keep in good condition.

Cosmetics And Personal Care Stores Global Market Report 2023 provides data on the global cosmetics and personal care stores market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The cosmetics and personal care stores market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.