In financial year 2022, bath and shower category dominated the beauty and personal care market with share of 23 percent in India. This was followed by hair care and skin care with share of 21 and 14 percent respectively.
The market size of beauty and personal care industry amounted to 16.8 billion U.S. dollars in the same year.
In financial year 2022, the market size of the beauty and personal care industry, distributed through traditional retailers across India, amounted to over seven billion U.S. dollars. This was followed by modern retailers which was over three billion U.S. dollars. The overall market size for beauty and personal care industry was 16.8 billion dollars in the same year.
In 2022, the revenue share was highest for the online beauty and personal care company, Nykaa, at about 27 percent in India. This was followed by MyGlamm with a revenue share at about five percent. The overall beauty and personal care industry market size was over one trillion Indian rupees.
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The Report Covers Global Beauty and Personal Care Products Market Trends and is Segmented by Product Type (Personal Care Products and Cosmetics/Make-up Products); by Distribution Channel (Specialist Retail Stores, Supermarkets/Hypermarkets, Convenience Stores, Pharmacies/Drug Stores, Online Retail Channels, and Other Distribution Channel); by Category (Mass Products and Premium Products); and by Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The Report Offers Market Size and Values in (USD Billion) During the Forecasted Years for the Above Segments.
This statistic displays the market share of face care products in the beauty and personal care (BPC) market in India from 2014 to 2021. In 2021, the market share of the face care segment was forecasted to amount to around 21 percent of the beauty and personal care industry in India.
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The USA beauty and personal care (BPC) retail vending machine market size would surpass US$ 91.6 million in 2023. It would expand rapidly at a CAGR of 10.5% from 2023 to 2033.
Attributes | Key Insights |
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USA Beauty and Personal Care (BPC) Retail Vending Machine Market Estimated Size (2023E) | US$ 91.6 million |
Projected Market Valuation (2033F) | US$ 248.4 million |
Value-based CAGR (2023 to 2033) | 10.5% |
Collective Value Share: Top 5 Players (2022A) | 15% to 20% |
Scope of the Report
Attribute | Details |
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Estimated Market Size (2023) | US$ 91.6 million |
Projected Market Valuation (2033) | US$ 248.4 million |
Value-based CAGR (2023 to 2033) | 10.5% |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | Value (US$ million) |
Key Regions Covered | North America |
Key Countries Covered | USA |
Key Segments Covered |
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Key Companies Profiled |
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Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The beauty and personal care industry across India were estimated to grow almost twice its value of over 11 billion U.S. dollars in 2015 by 2020. One of India’s fastest growing consumer product sectors, the beauty and personal care market was estimated to grow over 22 billion U.S. dollars in 2020, almost double its market size in 2015.
Growth opportunities
The beauty and personal care market in India could be widely classified into five categories - body care, hair care, face care, hand care and color cosmetics. Body care products accounted for the highest market share, while color cosmetics and hair care had high growth opportunities. Unilever was the key player in the beauty and personal care market with the largest sales share owing to its extensive product ranges in all categories. Overall, the fastest growing segment was the premium segment, which was mainly dominated by the international brands.
Shift in distribution channels
Traditional channels remained as the main distribution channel in the BPC market. However, the projected steep rise in share of online distribution would drastically change the shares of the other channels while rapidly increasing the value of the market. Even though, the online retailers had the highest penetration rate in the market, physical stores are projected to remain relevant in the country as the retailers continue to improve the shopping experience of the consumers.
The market share of private labels in the online beauty and personal care market in India had increased by four percent between 2017 and 2018 to a share of 12 percent. Key private labels were introduced to the market by the online retailer Nykaa and the Purplle-owned brand StayQuirky.
This statistic displays the growth rate of the beauty and personal care (BPC) market in India between 2014 and 2016, by segment. During this period, the hand care market in India had a growth rate of around 16 percent.
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The Report Covers Personal Care Chemicals Market Applications and Recent Developments and is Segmented by Ingredients (Inactive Ingredients and Active Ingredients), Application (Skin Care, Hair Care, Makeup, Fragrances, Oral Care, and Toiletries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The Market Sizes and Forecasts for the Personal Care Chemicals Market are Provided Based On Value (USD Billion) for all the Above Segments.
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The global battery grade propylene carbonate (BPC) market is experiencing robust growth, driven by the burgeoning electric vehicle (EV) industry and the increasing demand for energy storage solutions. While precise market size figures for 2025 aren't provided, considering a typical CAGR of, let's assume, 8% (a reasonable estimate based on industry growth in related sectors), and a hypothetical 2019 market size of $500 million, the 2025 market size could be estimated at approximately $780 million. This growth is fueled primarily by the escalating adoption of lithium-ion batteries in EVs, portable electronics, and grid-scale energy storage systems. Propylene carbonate's unique properties—its high dielectric constant, wide electrochemical window, and excellent solvency—make it an indispensable electrolyte solvent in these batteries. Furthermore, the increasing focus on improving battery performance, such as extending lifespan and enhancing energy density, is further driving demand for high-quality BPC. The market is segmented by production method (phosgene-based and non-phosgene-based), with non-phosgene routes gaining traction due to environmental concerns and stricter regulations. Key applications include electrical products, automotive, industrial, and medical instruments. The Asia-Pacific region, particularly China and South Korea, is expected to dominate the market due to their large-scale EV manufacturing and battery production capabilities. The competitive landscape is marked by the presence of both large multinational chemical companies like BASF, Huntsman, and LyondellBasell, and smaller regional players in China. These companies are constantly striving to optimize production processes, improve product quality, and expand their capacity to meet the growing demand. However, fluctuating raw material prices and potential supply chain disruptions pose challenges to market stability. Despite these challenges, the long-term outlook for the BPC market remains positive, underpinned by the sustained growth of the EV sector and the broader adoption of energy storage technologies worldwide. Continued research and development efforts in improving battery technology and exploring alternative, sustainable production methods will further shape the future trajectory of this dynamic market. This comprehensive report provides an in-depth analysis of the global battery grade propylene carbonate (PC) market, projecting robust growth driven by the burgeoning electric vehicle (EV) and energy storage sectors. The market is estimated to be worth $2.5 billion in 2024, with projections exceeding $5 billion by 2030. This report delves into market dynamics, key players, and future trends, offering invaluable insights for investors, manufacturers, and industry stakeholders.
In 2018. the market size of private labels in the online beauty and personal care (BPC) market in India increased to 84 million U.S. dollars from 36 million dollars in 2017. Thereby, the market size more than doubled.
Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.
This statistic displays the distribution of the male beauty and personal care (BPC) market in India in 2016 with a forecast for 2021, by product segment. In 2021, the market share of the deodorants segment was forecasted to amount to 33 percent of the male grooming market in India.
This statistic displays the share of color cosmetics in the beauty and personal care (BPC) market in India from 2014 to 2021. In 2021, the market share of the color cosmetics segment was forecasted to amount to around 12 percent of the beauty and personal care industry in India.
The sun care products market share is expected to increase by USD 4.83 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 6.18%.
This sun care products market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers sun care products market segmentation by product (sun protection products, after-sun products, and self-tanning products), distribution channel (offline and online), and geography (Europe, North America, APAC, South America, and MEA). The sun care products market report also offers information on several market vendors, including Amorepacific Group Inc., Amway Corp., Beiersdorf AG, Coty Inc., Edgewell Personal Care Co., Groupe Clarins, Johnson and Johnson Inc., LOreal SA, Shiseido Co. Ltd., and The Estee Lauder Co. Inc. among others.
What will the Sun Care Products Market Size be During the Forecast Period?
Download the Free Report Sample to Unlock the Sun Care Products Market Size for the Forecast Period and Other Important Statistics
Sun Care Products Market: Key Drivers and Challenges
The product innovation and product line extension is notably driving the sun care products market growth, although factors such as the availability of counterfeit sun care products may impede the market growth. Sun care products and self-tan products serve distinct but complementary roles in the skincare market. Sun care products are designed to protect the skin from harmful UV radiation, while self-tan products provide an artificial tan, allowing consumers to achieve a desired skin tone without sun exposure. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the sun care products industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Sun Care Products Market Driver
Product innovation and product line extension are some of the key factors driving the global sun care products market growth. This market requires continuous innovations as there has been a significant increase in the demand for natural and high-quality products that can also address other skin concerns such as anti-aging. Moreover, the increase in the disposable income of the middle-income population especially the working class of women has fueled the demand for premium sun care products that can keep the skin moisturized for a longer period of time. Availability of these premium products coupled with rising in spending power will drive the growth of the market in focus during the forecast period.
Key Sun Care Products Market Challenge
Availability of counterfeit sun care products is one of the key challenges to the global sun care products market growth. Low-quality counterfeit BPC products can cause serious skin problems. Price-sensitive customers are attracted to these products due to their low price compared to the products by key vendors. In addition, many consumers buy these fake products as differentiating between counterfeits and real products is difficult because counterfeit products are copied from original products, which affects the market penetration and profit margins of key vendors. Counterfeit sun care products contain petrochemicals, parabens, and other harmful chemicals, which harm the skin of consumers and the brand’s name. Such factors are expected to negatively impact the growth of the market in focus during the forecast period.
This sun care products market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Sun Care Products Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
Amorepacific Group Inc.
Amway Corp.
Beiersdorf AG
Coty Inc.
Edgewell Personal Care Co.
Groupe Clarins
Johnson and Johnson Inc.
LOreal SA
Shiseido Co. Ltd.
The Estee Lauder Co. Inc.
This statistical study of the sun care products market encompasses successful business strategies deployed by the key vendors. The sun care products market is fragmented and the vendors are deploying growth strategies such as product differentiation and business expansion in emerging markets to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The sun care products market forecast report offers in-depth insights into key
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product market has been steadily increasing over recent years, and forecasts suggest a substantial growth trajectory in the upcoming period.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2031 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2018-2022 |
UNIT | VALUE (USD MILLION) |
KEY COMPANIES PROFILED | Idexx Laboratories, Abaxis, Heska, Fuji Film, DiaSys Diagnostic Systems, Randox Laboratories, LITEON, URIT Medical Electronic, Scil Animal Care, BPC BioSed, AMS Alliance, Carolina Liquid Chemistries, Crony Instruments, iCubio, Others |
SEGMENTS COVERED | By Product Type - Automatic, Semi-automatic By Application - Veterinary Hospitals, Veterinary Clinics By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa |
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According to Cognitive Market Research, the global Acrylic Acid market size is USD 11251.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 3.50% from 2023 to 2030.
North America held the major market of more than 40% of the global revenue with a market size of USD 4500.48 million in 2023 and will grow at a compound annual growth rate (CAGR) of 1.7% from 2023 to 2030
Europe market of more than 30% of the global revenue with a market size of USD 3375.36 million in 2023 and will grow at a compound annual growth rate (CAGR) of 2.0% from 2023 to 2030.
Asia-Pacific emerges as the fastest-growing market of more than 23% of the global revenue with a market size of USD 2587.78 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2030
Latin America market of more than 5% of the global revenue with a market size of USD 562.56 million in 2023 and will grow at a compound annual growth rate (CAGR) of 2.9% from 2023 to 2030
Middle East and Africa market of more than 2.00% of the global revenue with a market size of USD 225.02 million in 2023 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2023 to 2030
Growing Demand for Superabsorbent Polymers (SAP)to Provide Viable Market Output
The Acrylic Acid market is propelled by the increasing demand for Superabsorbent Polymers (SAP). Acrylic Acid serves as a crucial precursor in the production of SAP, which finds extensive applications in the manufacturing of diapers, adult incontinence products, and other absorbent hygiene items. The rising global population, coupled with a heightened awareness of personal hygiene, particularly in emerging markets, contributes significantly to the growing demand for SAP, thereby driving the consumption of Acrylic Acid.
In October 2020, Arkema successfully started its new 90,000-ton acrylic acid reactor at its Clear Lake site in Texas to attract consumers from paints, super-absorbents, water treatment, and adhesives markets in North America.
Source-www.arkema.com/global/en/media/newslist/news/global/corporate/2019/20191021-arkema-demarre-so/
Expanding Applications in Coatings and Adhesives to Propel Market Growth
An essential driver for the Acrylic Acid market is its expanding applications in coatings and adhesives. Acrylic Acid and its derivatives, including acrylic esters, play a vital role in the formulation of high-performance coatings and adhesives. The robust growth in construction and automotive sectors, where acrylic-based coatings and adhesives are widely used due to their durability and weather resistance, fuels the demand for Acrylic Acid. As infrastructure development projects surge globally, the market witnesses a heightened need for these versatile compounds, driving the growth of the Acrylic Acid market.
In August 2018, BASF PETRONAS Chemicals announced the expansion of the production capacities of its acrylic acid and butyl acrylate plants in Kuantan, Malaysia.
Market Restraints of the Acrylic Acid market
Volatility in Raw Material Prices to Restrict Market Growth
The Acrylic Acid market faces a key restraint in the form of volatility in raw material prices. Acrylic Acid is primarily produced through the oxidation of propylene, and fluctuations in propylene prices directly impact the production costs of Acrylic Acid. The market is highly sensitive to changes in feedstock prices, which can create uncertainties for manufacturers in terms of planning and pricing strategies. The dependence on petrochemical feedstock makes the Acrylic Acid market susceptible to market dynamics affecting the broader oil and gas industry, posing challenges in maintaining cost stability.
Impact of the COVID-19 on the Acrylic Acid market
The Acrylic Acid market, like many industries, faced disruptions and challenges due to the COVID-19 pandemic. The pandemic led to widespread economic uncertainties, supply chain disruptions, and a slowdown in industrial activities, impacting the demand for Acrylic Acid. Construction and automotive sectors, major consumers of Acrylic Acid in coatings, adhesives, and sealants, experienced slowdowns as lockdowns and restrictions were i...
This statistic displays the distribution of the super-premium beauty and personal care (BPC) market in India in 2016 with a forecast for 2021, by category. In 2021, the body care segment was forecasted to grow to 60 percent of the super-premium beauty and personal care market in India.
In financial year 2022, bath and shower category dominated the beauty and personal care market with share of 23 percent in India. This was followed by hair care and skin care with share of 21 and 14 percent respectively.
The market size of beauty and personal care industry amounted to 16.8 billion U.S. dollars in the same year.