Global Cosmetics and Personal Care
Market Report
2025
The global Cosmetics & Personal Care Market size will be USD 558914.5 million in 2024. Growing demand for premium and natural cosmetics drives market growth. It is expected to boost sales to USD 957881.2343 million by 2031, with a Compound Annual Growth Rate (CAGR) of 8.00% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Cosmetics & Personal Care Market size will be USD 558914.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Cosmetics and Personal Care Market Sales Revenue | $ 558914 Million | 121212 | 121212 | 121212 | 8% |
North America Cosmetics and Personal Care Market Sales Revenue | $ 223566 Million | 121212 | 121212 | 121212 | 6.2% |
Mexico Cosmetics and Personal Care Market Sales Revenue | $ 20344.5 Million | 121212 | 121212 | 121212 | 6.7% |
Canada Cosmetics and Personal Care Market Sales Revenue | $ 26827.9 Million | 121212 | 121212 | 121212 | 7% |
United States Cosmetics and Personal Care Market Sales Revenue | $ 176393 Million | 121212 | 121212 | 121212 | 6% |
Europe Cosmetics and Personal Care Market Sales Revenue | $ 167674 Million | 121212 | 121212 | 121212 | 6.5% |
France Cosmetics and Personal Care Market Sales Revenue | $ 15426 Million | 121212 | 121212 | 121212 | 5.7% |
Spain Cosmetics and Personal Care Market Sales Revenue | $ 13749.3 Million | 121212 | 121212 | 121212 | 5.6% |
United Kingdom Cosmetics and Personal Care Market Sales Revenue | $ 28169.3 Million | 121212 | 121212 | 121212 | 7.3% |
Russia Cosmetics and Personal Care Market Sales Revenue | $ 25989.5 Million | 121212 | 121212 | 121212 | 5.5% |
Italy Cosmetics and Personal Care Market Sales Revenue | $ 14420 Million | 121212 | 121212 | 121212 | 5.9% |
Germany Cosmetics and Personal Care Market Sales Revenue | $ 33199.5 Million | 121212 | 121212 | 121212 | 6.7% |
Rest of Europe Cosmetics and Personal Care Market Sales Revenue | $ 25989.5 Million | 121212 | 121212 | 121212 | 5.2% |
Asia Pacific Cosmetics and Personal Care Market Sales Revenue | $ 128550 Million | 121212 | 121212 | 121212 | 10% |
India Cosmetics and Personal Care Market Sales Revenue | $ 15426 Million | 121212 | 121212 | 121212 | 11.8% |
Korea Cosmetics and Personal Care Market Sales Revenue | $ 12855 Million | 121212 | 121212 | 121212 | 9.1% |
Japan Cosmetics and Personal Care Market Sales Revenue | $ 17739.9 Million | 121212 | 121212 | 121212 | 8.5% |
China Cosmetics and Personal Care Market Sales Revenue | $ 57847.6 Million | 121212 | 121212 | 121212 | 9.5% |
Australia Cosmetics and Personal Care Market Sales Revenue | $ 6684.62 Million | 121212 | 121212 | 121212 | 9.7% |
Rest of APAC Cosmetics and Personal Care Market Sales Revenue | $ 9127.07 Million | 121212 | 121212 | 121212 | 9.8% |
South America Cosmetics and Personal Care Market Sales Revenue | $ 27945.7 Million | 121212 | 121212 | 121212 | 7.4% |
Brazil Cosmetics and Personal Care Market Sales Revenue | $ 11960.8 Million | 121212 | 121212 | 121212 | 8% |
Chile Cosmetics and Personal Care Market Sales Revenue | $ 2012.09 Million | 121212 | 121212 | 121212 | 7.7% |
Peru Cosmetics and Personal Care Market Sales Revenue | $ 2291.55 Million | 121212 | 121212 | 121212 | 7.6% |
Colombia Cosmetics and Personal Care Market Sales Revenue | $ 2487.17 Million | 121212 | 121212 | 121212 | 7.2% |
Argentina Cosmetics and Personal Care Market Sales Revenue | $ 4694.88 Million | 121212 | 121212 | 121212 | 8.3% |
Rest of South America Cosmetics and Personal Care Market Sales Revenue | $ 4499.26 Million | 121212 | 121212 | 121212 | 6.5% |
Middle East and Africa Cosmetics and Personal Care Market Sales Revenue | $ 11178.3 Million | 121212 | 121212 | 121212 | 7.7% |
Turkey Cosmetics and Personal Care Market Sales Revenue | $ 961.33 Million | 121212 | 121212 | 121212 | 7.2% |
Egypt Cosmetics and Personal Care Market Sales Revenue | $ 1173.72 Million | 121212 | 121212 | 121212 | 8% |
Rest of MEA Cosmetics and Personal Care Market Sales Revenue | $ 1173.72 Million | 121212 | 121212 | 121212 | 6.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Cosmetics and Personal Care Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The cosmetics and personal care market encompasses a wide range of products, including skincare, haircare, makeup, fragrances, and hygiene items, designed to enhance appearance and personal well-being. The market is driven by rising consumer awareness of self-care, beauty trends, and the increasing preference for natural and organic products. Technological advancements, such as personalized beauty solutions and innovative formulations, further boost growth. Rapid urbanization, rising disposable incomes, and expanding e-commerce platforms have increased the accessibility and consumption of these products. However, stringent regulatory standards and growing demand for sustainable, eco-friendly products are shaping market dynamics and influencing product development strategies.
In October 2024, the Estée Lauder Companies' New Incubation Ventures (NIV) and NYKAA announced the winners of BEAUTY & YOU India 2024. Launched by NIV in collaboration with NYKAA, India's premier beauty and lifestyle retailer, the initiative aims to discover, showcase, and accelerate the growth of the next generation of beauty brands tailored to the Indian market. (Source: https://www.business-standard.com/content/press-releases-ani/the-estee-lauder-companies-new-incubation-ventures-and-nykaa-announce-the-beauty-you-india-2024-winners-124102400009_1.html)
Consumers are increasingly seeking cosmetics and personal care products made with natural, organic, and sustainable ingredients. This trend is driven by rising awareness of health, wellness, and environmental concerns. Brands are responding by offering eco-friendly and clean-label products, which appeal to environmentally conscious buyers. This shift is further amplified by stringent regulatory standards and certifications for organic products, enhancing trust and driving market growth. The demand for cruelty-free and vegan products also aligns with the broader focus on ethical consumerism.
Urbanization, particularly in emerging economies, is fueling the growth of the cosmetics and personal care market. As more people migrate to urban areas, exposure to global beauty trends increases and consumers become more inclined to invest in personal grooming. Additionally, rising disposable incomes allow individuals to spend on premium beauty products, driving market expansion. This driver is particularly strong in regions like Asia Pacific and Latin America, where an expanding middle class and youthful demographics are reshaping consumption patterns.
The cosmetics and personal care market faces challenges due to complex and evolving regulatory standards across regions. These regulations often require compliance with safety, labelling, and ingredient usage restrictions, which can increase costs for manufacturers. For instance, bans on specific chemicals or requirements for extensive testing to meet safety criteria can slow down product development and innovation. Additionally, navigating differing standards in global markets can complicate operations, particularly for smaller businesses. This regulatory complexity acts as a restraint, limiting growth opportunities in the market.
The COVID-19 pandemic significantly impacted the cosmetics and personal care market, initially causing a decline in sales due to lockdowns, store closures, and reduced consumer spending on non-essential products. The market adapted with a surge in demand for hygiene-related items such as hand sanitizers, soaps, and skincare products. E-commerce emerged as a critical sales channel, with brands focusing on digital platforms to reach customers. Additionally, the shift toward self-care and wellness during prolonged periods at home led to increased demand for skincare and haircare products. The pandemic also accelerated interest in clean, sustainable, and locally sourced beauty products.
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The cosmetics and personal care market is highly competitive, with key players focusing on innovation, sustainability, and digital engagement to gain a competitive edge. Companies are leveraging e-commerce platforms and social media marketing to reach wider audiences and capitalize on emerging trends. Mergers, acquisitions, and partnerships are common strategies to expand product portfolios and market reach. Additionally, increasing investment in natural, organic, and cruelty-free product lines reflects growing consumer demand for sustainable beauty solutions.
In December 2024, Unilever revealed that it had received a binding offer from Zwanenberg Food Group to acquire the Unox and Zwan brands. These two iconic brands have been part of Unilever’s portfolio for nearly a century, with the Dutch Unox brand established in 1937 and the Belgian Zwan brand in 1928. (Source: https://www.unilever.com/news/press-and-media/press-releases/2024/unilever-to-sell-foods-brands-unox-and-zwan-to-zwanenberg-food-group/) In May 2024, Procter & Gamble, a global partner of the Olympic and Paralympic Games, revealed its plans to showcase its top-performing household and personal care brands during the Paris 2024 Olympic and Paralympic Games. This includes Olympic-themed brand marketing, in-store campaigns, partnerships with brand-sponsored athletes, and providing complimentary products and services for athletes in the Athletes' Village during the event. (Source: https://news.pg.com/news-releases/news-details/2024/PG-unveils-plans-to-prominently-feature-superior-performing-brands-during-the-Olympic-and-Paralympic-Games-Paris-2024/default.aspx) In July 2024, Beiersdorf AG officially began construction of its new state-of-the-art logistics centre in northern Leipzig, marking a significant milestone with a groundbreaking ceremony. The skincare company is investing over €200 million in the project, which is expected to be completed by 2027. Once operational, the centre will create approximately 450 new jobs. (Source: https://www.beiersdorf.com/newsroom/press-information/all-press-releases/2024/07/11-groundbreaking-construction-starts-on-leipzig-logistics-center)
Top Companies Market Share in Cosmetics and Personal Care Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America remains the dominant region in the cosmetics and personal care market, driven by high consumer demand for premium and innovative products. The presence of leading beauty brands and strong retail infrastructure further fuels market growth. The region's focus on wellness and personal care, along with increasing disposable incomes, supports continued growth. Additionally, a shift toward natural, organic, and cruelty-free products strengthens the market in North America.
Europe is the fastest-growing region in the cosmetics and personal care market, fueled by increasing consumer preference for sustainable and eco-friendly products. Stringent regulations promoting clean-label beauty and organic certifications have enhanced consumer trust. The rising demand for skincare, particularly anti-ageing products, is propelling the market's expansion. Additionally, strong e-commerce growth and digital beauty trends are driving market dynamics across European countries.
The current report Scope analyzes Cosmetics and Personal Care Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Cosmetics & Personal Care Market size was estimated at USD 558914.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 223565.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
According to Cognitive Market Research, the global Cosmetics & Personal Care Market size was estimated at USD 558914.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 167674.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.
According to Cognitive Market Research, the global Cosmetics & Personal Care Market size was estimated at USD 558914.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 128550.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
According to Cognitive Market Research, the global Cosmetics & Personal Care Market size was estimated at USD 558914.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 27945.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
According to Cognitive Market Research, the global Cosmetics & Personal Care Market size was estimated at USD 558914.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 11178.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
Global Cosmetics and Personal Care Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Cosmetics and Personal Care Industry growth. Cosmetics and Personal Care market has been segmented with the help of its Type Outlook:, Product Outlook: Distribution Channel Outlook:, and others. Cosmetics and Personal Care market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Cosmetics & Personal Care Market?
According to Cognitive Market Research, the Conventional segment is the dominant category in the cosmetics and personal care market. Conventional products are widely available, with established brands offering a variety of affordable and accessible options. These products have a broad consumer base and benefit from well-established distribution channels, including both online and brick-and-mortar stores. They continue to lead in terms of market share due to their availability, affordability, and long-standing consumer trust in familiar brands.
The Organic segment is the fastest growing, driven by the increasing consumer preference for natural, chemical-free ingredients. As consumers become more health conscious and environmentally aware, the demand for organic cosmetics and personal care products has surged, leading to a significant market shift towards organic formulations.
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According to Cognitive Market Research, the Skin Care segment is the dominant category in the cosmetics and personal care market, driven by increasing consumer focus on personal grooming and wellness. This segment includes products like moisturizers, cleansers, and anti-ageing treatments, which are highly popular due to their daily use and perceived health benefits.
Hair Care is the fastest-growing segment, particularly within subcategories like Shampoo and Conditioners. Growing consumer awareness about hair health, coupled with rising demand for organic, sulfate-free, and personalized hair care products, is propelling this segment's growth. Additionally, products like hair masks and serums are gaining popularity for their targeted benefits.
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According to Cognitive Market Research, the Hypermarkets & Supermarkets segment is the dominant category in the cosmetics and personal care market. These retail outlets offer a wide range of beauty products under one roof, making them a convenient choice for consumers. The extensive reach of hypermarkets and supermarkets, combined with attractive pricing and promotional offers, drives their market dominance, especially in developed regions.
The E-commerce segment is the fastest growing in the cosmetics and personal care market. Online shopping provides convenience, a broader product selection, and the ability to compare prices easily, leading to increasing adoption. Social media, influencers, and digital marketing further boost online sales, making e-commerce a key growth driver in the industry.
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Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
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Conclusion
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Disclaimer:
Type Outlook: | Conventional, Organic |
Product Outlook: | Skin Care, Face Skin Care, Body Skin Care, Hair Care, Shampoo, Conditioner, Oils, Serums, Others (Hair Masks, Peels, Etc.), Colour Cosmetics, Fragrances, Others |
Distribution Channel Outlook: | Hypermarkets & Supermarkets, Specialty Stores, E-commerce, Others |
List of Competitors | L'Oréal Group, The Estée Lauder Companies Inc., Unilever PLC, Procter & Gamble (P&G), Shiseido Company Limited, Beiersdorf AG, Coty Inc., Johnson & Johnson, Amorepacific Corporation, Revlon Inc |
This chapter will help you gain GLOBAL Market Analysis of Cosmetics and Personal Care. Further deep in this chapter, you will be able to review Global Cosmetics and Personal Care Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Cosmetics and Personal Care. Further deep in this chapter, you will be able to review North America Cosmetics and Personal Care Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Cosmetics and Personal Care. Further deep in this chapter, you will be able to review Europe Cosmetics and Personal Care Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Cosmetics and Personal Care. Further deep in this chapter, you will be able to review Asia Pacific Cosmetics and Personal Care Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Cosmetics and Personal Care. Further deep in this chapter, you will be able to review South America Cosmetics and Personal Care Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Cosmetics and Personal Care. Further deep in this chapter, you will be able to review Middle East and Africa Cosmetics and Personal Care Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Cosmetics and Personal Care. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Outlook: Analysis 2019 -2031, will provide market size split by Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Outlook: Analysis 2021 - 2033
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Chapter 11 Market Split by Product Outlook: Analysis 2021 - 2033
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Chapter 12 Market Split by Distribution Channel Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Cosmetics and Personal Care market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Conventional have a significant impact on Cosmetics and Personal Care market? |
What are the key factors affecting the Conventional and Organic of Cosmetics and Personal Care Market? |
What is the CAGR/Growth Rate of Skin Care during the forecast period? |
By type, which segment accounted for largest share of the global Cosmetics and Personal Care Market? |
Which region is expected to dominate the global Cosmetics and Personal Care Market within the forecast period? |
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