Global Household & Personal Care Products Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Household & Personal Care Products Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Home &personal care products refer to a broad range of items used for cleaning, personal hygiene, and other household purposes. Among them, household care products include laundry detergent, dish soap, multi-purpose cleaners, bathroom cleaners and floor cleaners, and other items. They can also include items like air fresheners, insect repellants, and pet care products. Personal care products can include items such as soap, shampoo, conditioner, toothpaste, deodorant, body wash, skincare, makeup, hair products, and fragrance.

Market Overview:

The latest research study on the global Household & Personal Care Products market finds that the global Household & Personal Care Products market reached a value of USD 401456.0 million in 2022. It’s expected that the market will achieve USD 538107.0 million by 2028, exhibiting a CAGR of 5.0% during the forecast period.

Raw materials cannot be supplied in time during the COVID-19 epidemic

The COVID-19 pandemic has had a huge impact on the global economy, environment, and most human activities. Especially industries with highly integrated global value chains such as manufacturing and construction. Lockdowns and curfews have been imposed in countries around the world during COVID-19, the main challenges for exporters are the import and export restrictions on goods and the quarantine and lockdown measures imposed by the government. Therefore, the epidemic will have a huge impact on the household & personal care products industry chain. Upstream enterprises affect the work progress of downstream enterprises, the supply of raw materials cannot be delivered in time, the production plan is blocked, and the production capacity of enterprises is forced to reduce.

Household and personal care products have gradually become a necessary consumable in life, and the market demand is huge

Home and personal care products are consumables, and they have a specific shelf life, so they must be repurchased continuously. In addition, home and personal care products are now a necessity in people's lives, especially for millennials. Personal care products such as skin care, make-up, and hair care are becoming an integral part of their daily lives, and the market demand is huge. Along with expanding urbanization, the surge in female occupational class, changing lifestyles, and increasing awareness of hygienic and safe skin and hair care are the significant drivers for the personal care products market. Rising awareness of hygiene and personal health protection has increased the demand for personal care products globally. Upgraded lifestyles and the growing purchasing power of consumers are the factors driving the huge demand for home and personal care products.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Asia (34.93% in 2022).

Company Overview:

The Procter & Gamble Company is an American multinational consumer goods company that produces a wide range of products including cleaning agents, personal care products, and pet food. Some of its well-known brands include Tide, Pampers, and Gillette.

Segmentation Overview:

By type, Household Care Products segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Hypermarket/Supermarkets segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Household & Personal Care Products market covered in Chapter 3:

Henkel AG & Co. KGaA
Church & Dwight Co., Inc.
Avon Products Inc.
The Procter & Gamble Company
Colgate-Palmolive Company
The Clorox Company
Estée Lauder Companies Inc
Unilever
SC Johnson
Kao Corporation
L'Oréal S.A.
Oriflame Cosmetics S.A.
Reckitt Benckiser

In Chapter 4 and Chapter 14.2, on the basis of types, the Household & Personal Care Products market from 2018 to 2029 is primarily split into:

Household Care Products
Personal Care Products

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Household & Personal Care Products market from 2018 to 2029 covers:

E-Commerce
Departmental Store
Health and Beauty Store
Convenience Store
Hypermarket/Supermarkets
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)