Europe Beauty & Personal Care Market Forecast 2023-2032
KEY FINDINGSThe Europe beauty & personal care market is set to grow with a CAGR of 2.54% during the projection period of 2023-2032. Some of the leading factors influencing the market growth of the region include the awareness campaigns and programs initiated by government agencies as well as international organizations, the increasing demand for organic and natural beauty & personal care products, and the growing consumer cognizance of personal cleanliness and grooming.
MARKET INSIGHTSThe Europe beauty & personal care market growth study covers a detailed analysis of France, Italy, Spain, Poland, Germany, the United Kingdom, the Netherlands, and Rest of Europe. In France, brands considerably rely on natural, allergen-free, aluminum-free, and paraben-free formulae to satisfy customers’ need for safer products. Moreover, the penetration of small-scale brands in the country, predominantly within the natural and organic segment, illustrates innovative products’ advancement. These developments include novel care characteristics such as shower gels for atopic skin.
On the other hand, established beauty care groups dominate the French beauty and personal care avenues. For instance, L’Oréal leads the market owing to its significant brand portfolio. Similarly, the mass market comprises distinguished players like Beiersdorf, and Yves Rocher, whereas premium competitors include the renowned dermo-cosmetics expert Pierre Fabre and the luxurious LVMH. Hence, as mentioned above, these factors are projected to propel the beauty & personal care market growth in Europe during the forecast period.
COMPETITIVE INSIGHTSEminent players operating in the market are The Estee Lauder Companies Inc, Beiersdorf AG, Oriflame Cosmetics Global SA, etc.
Our report offerings include:• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments