NEW YORK, April 11, 2023 /PRNewswire/ — The mass beauty care market size is expected to grow by USD 153.55 billion from 2021 to 2026, progressing at a CAGR of 5.92% as per the latest Technavio market research report. APAC is going to have lucrative growth during the forecast period. The region will account for 58% of the market growth during the forecast period. The growth of the regional market is driven by the high presence of middle and low-income populations. In addition, the rising concern for personal hygiene and wellness and the demand for green products will fuel the growth of the mass beauty market in APAC. For more insights on the market share of various regions – Download a sample report

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Mass Beauty Care Market Driver: Modern-day lifestyle changes and growing facial skin-related issues to drive growth

The number of patients with skin-related issues is on the rise globally. This can be attributed to modern lifestyle changes such as physical inactivity, stress, lack of sleep, excess fast food consumption, and limited water intake. Physically inactive people tend to develop insulin resistance more than active individuals. Excessive generation of insulin increases the levels of androgen in the body. This leads to increased production of sebum in the face, resulting in acne development. This could also lead to other health issues such as diabetes, thyroid problems, polycystic ovary syndrome (PCOS), digestive imbalances, and metabolism complications. This further increases the development and early appearance of wrinkles. All these factors are increasing the demand for facial care products with anti-wrinkle, anti-aging, and face-whitening properties, which is driving the growth of the market.

Mass Beauty Care Market Trend: Introduction of multifunctional products 

Consumers are exhibiting increased demand for facial care products that also meet ancillary needs such as hydration and anti-oxidation. To capitalize on this consumer demand, vendors are launching new products that offer multiple benefits. For instance, Dermalogica offers facial care products that provide multiple benefits such as restoring skin luminosity and improving skin tone. The products offered by the company also help reduce the appearance of brown spots. The introduction of such products and their increased demand among consumers will fuel the growth of the market during the forecast period.

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Some of the Key Mass Beauty Care Market Players:

The global mass beauty care products market is fragmented and highly competitive. The market comprises several vendors competing based on product differentiation, product portfolio, quality, and pricing. Many vendors are expanding their businesses to emerging markets such as South America and APAC. They are adopting innovative approaches such as promotional campaigns on social media to expand their customer base.

• Beiersdorf AG – The company offers a wide range of beauty care products such as Nivea Body shop and Nivea face care, among others.

• Coty Inc. – The company offers a wide range of beauty care products such as Palmolive and Protex, among others, which eliminate bacteria naturally and strengthen the skin’s own defense using flaxseed oil.

• Kao Corp. – The company offers Clean and Clear and Neutrogena brands.

• Kose Corp. – The company offers a wide range of beauty care products such as Sthletia and Kanebo, among others, which help in cleansing, coloring, conditioning, and protecting the skin to give smoothening effect.

• Amorepacific Group Inc.

• Emami Ltd.

• Henkel AG and Co. KGaA

• Himalaya Global Holdings Ltd.

• Johnson and Johnson Inc.

• Loccitane International SA

• LOreal SA

• Natura and Co. Holding S.A.

• Shiseido Co. Ltd.

• SUGAR Cosmetics

• The Estee Lauder Co. Inc.

• The Procter and Gamble Co.

• Unilever PLC

• Colgate-Palmolive Co.

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Mass Beauty Care Market: Segmentation Analysis

This market research report segments the mass beauty care market by distribution channel (offline and online) and geography (APAC, Europe, North America, South America, and Middle East and Africa).

The market will witness significant growth in the offline distribution channel during the forecast period. The segment is driven by the rising popularity of beauty and personal care specialty retail stores. In addition, factors such as business expansions and a rise in the number of hypermarkets, supermarkets, convenience stores, and warehouse clubs of major retailers will drive the growth of the segment.

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Some of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Related Reports:

• The beauty and personal care products market is estimated to grow at a CAGR of 5.06% between 2022 and 2027. The size of the market is forecasted to increase by USD 57.45 billion. The market is segmented by product (skincare products, hair care products, color cosmetics, fragrances, and others), channel (offline and online), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

• The online beauty and personal care products market size is expected to increase by USD 51.79 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 14.93%. The market is segmented by product (skincare products, hair care products, color cosmetics, fragrances, and others) and geography (APAC, North America, Europe, South America, and Middle East and Africa).

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Table of contents:

1 Executive Summary

• 1.1 Market overview

2 Market Landscape

• 2.1 Market ecosystem

3 Market Sizing

• 3.1 Market definition

• 3.3 Market size 2021

4 Five Forces Analysis

• 4.1 Five forces summary

• 4.6 Threat of rivalry

• 4.7 Market condition

5 Market Segmentation by Distribution Channel

• 5.1 Market segments

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape

• 9.3 Landscape disruption

• 9.4 Industry risks

10 Vendor Analysis

• 10.1 Vendors covered

• 10.3 Beiersdorf AG

• 10.6 Kao Corp.

• 10.7 LOreal SA

• 10.9 Shiseido Co. Ltd.

• 10.12 Unilever PLC

11 Appendix

• 11.1 Scope of the report

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