Global Toiletries Market Report 2022 – Market Forecast, Trends And Strategies

The global toiletries market size is expected to grow from $275.69 billion in 2021 to $305.91 billion in 2022 at a compound annual growth rate (CAGR) of 11.0%. The global toiletries market size is expected to grow to $457.59 billion in 2026 at a CAGR of 10.6%.

What is the Global Toiletries Market?

The toiletries market consists of sales of toiletries by entities (organizations, sole traders, or partnerships) that prepare, blend, compound, and package toilet preparations.

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What drives the Global Toiletries Market?

The aging population is expected to be a growth driver for this market. Sales of products such as anti-aging creams and peels, wrinkle-reducing moisturizers, and other anti-aging topical treatments are expected to increase. Apart from this, older women usually have more disposable income than younger women. This will make it easier for them to spend more on cosmetics. According to the World Population Ageing 2019 report, there were 703 million people over the age of 65 in 2019 and this is expected to increase to 1.5 billion in 2050. This is expected to increase the demand for various cosmetic products, especially cosmetics with pharmaceutical capabilities, thus driving the toiletries market going forward.

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Global Toiletries Market Segments
The global toiletries market is segmented:
By Type: Lotions (Including Sunscreens), Hair Preparations, Face Creams, Perfumes, Shaving Preparations, Other Cosmetic Preparations
By Preference: Mass, Premium
By Gender: Male, Female
By Distribution Channel: Hypermarkets/Supermarkets, E-Commerce, Pharmacy Stores, Other Distribution Channels
By Geography: The regions covered in the toiletries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Toiletries Global Market Report 2022provides market size and growth forecasts for the global toiletries market, global toiletries market share, toiletries market segments and geographies, toiletries market competitive landscape including 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.

Global Toiletries Industry Playersinclude L'Oreal SA, Unilever plc, The Estée Lauder Companies Inc, Procter & Gamble, Shiseido Company Limited, Beiersdorf AG, Kao Corporation, Johnson & Johnson, Colgate-Palmolive co, and Coty Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.