Global Online Beauty and Personal Care Products Market, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029
“Global Online Beauty and Personal Care Products Market” is an upcoming report by MarketResearch.biz. The report has been in the process of exhaustive analysis and study. Recent developments, new product launches, partnerships & mergers, and a range of factors have been investigated and analyzed to estimate and project growth of the target market. The report provides accurate details about key market players operating in the target market, along with revenue growth, latest strategies, and market footprint. The global online beauty and personal care products market has been segmented on basis of product type, and region/ country.
Online Beauty and Personal Care Products: Introduction
Beauty and personal care products are used for external applications to reduce symptoms including wrinkles, pimples, under-eye dark circles, etc. Hair conditioners, shower gels, styling gadgets, personal hygiene products, etc. are commonly purchased beauty and personal care products on several online platforms. Purchasing beauty and personal care products on online platforms has gained significant popularity and traction due to increasing number of customers preferring to buy products on e-commerce websites, especially millennial shoppers.
Global Online Beauty and Personal Care Products Market: Dynamics
Drivers: Easy access to various online shopping sites via phones and PCs, and availability of popular beauty & personal care brands is driving market growth. Easy navigation, secured online payments, user-friendly website designs, customer support, and easy return policy are some of the key factors expected to drive global market growth.
Consumers today have easy access to various online shopping platforms owing to the development of high-speed Internet infrastructure and easy availability of smart gadgets market. This rapid growth in Internet technology and access to smart devices is an important factor expected to drive market growth for the years to come. Many beauty and personal care product manufacturers nowadays are utilizing various online platforms to expand their geographical reach and consumer base in the global market.
Availability of wide variety of products by top brands and time-saving aspect are factors driving growth of the global online beauty and personal care products market. Online shopping also comes with other added benefits such as convenience, user-friendly websites, defined policies, and these are some of the factors that are expected to boost target market growth. Most importantly, these e-commerce sites offer secure payment options and user experience, and are primary factors driving market growth and development.
Global Online Beauty and Personal Care Products Market: Segment Analysis
By Product Type, insights:
Among the product type segments in the global online beauty and personal care products market, the skincare products segment is expected to dominate the other segments in the global market. Skincare products include facial products, body lotions, sunscreens, foot creams, etc., that help prevent the skin from several skin problems such as aging and skin damage. Increasing number of beauty and personal care brands and new features added to online platforms to enhance buyers’ experience is projected to drive segment growth over the forecast period.
Global Online Beauty and Personal Care Products Market: Region Analysis
Globally, the online beauty and personal care products market is segmented into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The North America market is expected to account for the highest revenue share. The development of advanced technology and the presence of market leaders in this market is the key factor driving growth in this country. After North America, Europe is the next big market for online beauty and personal care products. It is also the fashion capital and is projected to register the highest CAGR over the forecast period. Latin America is also a potential market for online beauty and personal care products and is projected to grow during the forecast period. Asia-Pacific is also emerging marketing and has a significant rise in the online beauty and personal care product market. The growth of the target market is attributed due to advancements in Internet technology, new product & brand launch, consumers willing to try a new product range.
Global Online Beauty and Personal Care Products Market Segmentation:
By Product Type:
- Oral Hygiene
- Bath and Shower
- Color Cosmetics
- Male Grooming Products
- Fragrances & Deodorants
- Sun Care Products
- Baby and Childcare Products
- Depilatory Products
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Revlon, Inc.
- Procter & Gamble Company (P&G)
- Estée Lauder
- Johnson & Johnson
- AmorePacific Corporation
- CLARINS Group
- Natura &Co
- Beiersdorf AG
- COTY Inc.
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