Asia Pacific Region is the Most Lucrative Market for Suppliers of Mass Beauty & Personal Care Products – FactMR Study
Research Reports
Nov 08, 2021
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Mass Beauty & Personal Care Products market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Mass Beauty & Personal Care Products
The report offers actionable and valuable market insights of Mass Beauty & Personal Care Products. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Mass Beauty & Personal Care Products Market across various industries and regions.
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This newly published and insightful report sheds light on Market Insights of Mass Beauty & Personal Care Products, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Mass Beauty & Personal Care Products Market.
Competitive Landscape
The global mass beauty and personal care products market marks the presence of top players such as
- Unilever
- Revlon
- L’Oréal Group
- The Estée Lauder Companies Inc.
- Kao Corporation.
Taking into account the widespread adoption of organic cosmetics, players are anticipated to upgrade their products to attract more consumers.
Personal care and beauty products for the masses are among the top consumer goods sold in the world. Manufacturers of mass beauty & personal care products are focused in keeping the traction of their offerings high while competing with high-priced premium product line. With advanced technologies in production of cosmetics, and rising use of organic materials, the global mass beauty & personal care products market is expected to witness a vigorous expansion in the years to come.
Fact.MR has published a forecast study on the global mass beauty & personal care products market, assessing the market’s growth for the decadal period, 2017-2022. In 2017, the global sales of mass beauty & personal care products are pegged to harvest over US$ 294 Bn in revenues. Through improved formulas, mass beauty & personal care products available in the market are becoming more effective, enhancing customer satisfaction.
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Key Report Highlights
Taking into account the vast consumer population concentrated in the Asia-Pacific excluding Japan (APEJ) region, the demand for mass beauty & personal care products is expected to remain high in this region.
The demand for mass beauty & personal care products in Middle East & Africa (MEA) is also expected to remain high. Manufacturers of such products will view this region lucrative, pertaining to high disposable incomes & upscale lifestyles of consumers there.
North America’s mass beauty & personal care products market is also expected to remain at the forefront of global expansion.
The report underlines the preference for skin care products in the global mass beauty & personal care products market. Manufacturers and consumer, alike, are showing greater inclination towards skin care products for masses. With an approximate 30% share, these products will procure a dominant share on the global market revenues for mass beauty & personal care products through 2022.
Supermarkets or hypermarkets from around the world will be observed as leading sales channel for mass beauty & personal care products. While these sales outlets will collectively account for more than 38% share in 2017, the global sales of mass beauty & personal care products through retail chains is slated to be relatively higher. Retail chains will be the largest sales channel for mass beauty & personal care products over the forecast period. E-commerce is also expected to boost its presence on sales of mass beauty & personal care products in the global market, and is expected to grow at a healthy CAGR.
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Key Question answered in the survey of Mass Beauty & Personal Care Products market report:
- Sales and Demand of Mass Beauty & Personal Care Products
- Growth of Mass Beauty & Personal Care Products Market
- Market Analysis of Mass Beauty & Personal Care Products
- Market Insights of Mass Beauty & Personal Care Products
- Key Drivers Impacting the Mass Beauty & Personal Care Products market
- Which are the Key drivers impacted by Mass Beauty & Personal Care Products market
- Restraints Shaping Market Growth
- Market Survey of Mass Beauty & Personal Care Products
More Valuable Insights on Mass Beauty & Personal Care Products Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Mass Beauty & Personal Care Products, Sales and Demand of Mass Beauty & Personal Care Products, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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