Leading Beauty And Personal Care Products Condition Markets Databank
The Beauty And Personal Care Products market was valued at $455,200.0 Million in 2020, and is projected to reach $558,207.7 Million by 2029 growing at a CAGR of 2.33% from 2021 to 2029. Skin Care/Sun Care segment is expected to be the highest contributor to this market, with $184,610.3 Million in 2020, and is anticipated to reach $227,063.4 Million by 2029, registering a CAGR of 2.37%. Deodorants/Fragrances segment is anticipated to reach $36,093.1 Million by 2029 with the highest CAGR of 2.50%. Skin Care/Sun Care and Hair Care segments collectively expected to account for about 61.8% share of the Beauty And Personal Care Products market in 2020, with the former constituting around 40.6% share. Deodorants/Fragrances and Makeup & Color Cosmetic Products segments are expected to witness significant growth rates at a CAGR of 2.50% and 2.42% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 24.7% in the overall Beauty And Personal Care Products market in 2020, and is anticipated to reach 24.9% by 2029.
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