Toiletries Global Market To Reach Value Of About $286.86 Billion In 2025
27 Jan, 2021
The toiletries market consists of sales of toiletries by entities (organizations, sole traders or partnerships) that prepare, blend, compound, and package toilet preparations, such as perfumes, shaving preparations, hair preparations, face creams, lotions (including sunscreens), and other petroleum based cosmetic preparations.
Global Toiletries Market Size And Drivers:
The global toiletries market is expected to grow from $190.14 billion in 2020 to $218.8 billion in 2021 at a compound annual growth rate (CAGR) of 15.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $286.86 billion in 2025 at a CAGR of 7%. The aging population is expected to be a growth driver for this market.
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Trends In The Global Toiletries Market
Companies are focusing on manufacturing of toiletries based on natural and organic products due to increased awareness of consumers about the hazards due to the usage of synthetic materials. Toiletries are the products focused on consumer hygiene and beatification. Companies are producing products with high rate of transparency in ingredients, packaging and sustainability as the end users are opting healthy lifestyle. Natural and organic products are obtained from plant extracts, vegetables and essential oils with higher levels of vitamin C, and essential minerals such as calcium, magnesium, iron and chromium and are eco-friendly.
Global Toiletries Market Segments:
The global toiletries market is further segmented based on type, distribution channel, preference, gender and geography.
By Type: Lotions (Including Sunscreens), Hair Preparations, Face Creams, Perfumes, Shaving Preparations, Other Cosmetic Preparations.
By Distribution Channel: Hypermarkets/Supermarkets, E-Commerce, Pharmacy Stores, Others.
By Preference: Mass, Premium.
By Gender: Male, Female.
By Geography: The global toiletries market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global toiletries market, accounting for 39% of the total market.
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Toiletries Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides toiletries market overviews, analyzes and forecasts market size and growth for the global toiletries market, toiletries market share, toiletries market players, toiletries market segments and geographies, toiletries market’s leading competitors’ revenues, profiles and market shares. The toiletries market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.