LONDON–(BUSINESS WIRE)–Nov 27, 2019–
Technavio has been monitoring the global online beauty and personal care products market and the market is poised to grow by USD 52.07 billion during 2018-2022 at a CAGR of more than 16% during the forecast period. Request Free Sample Pages
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Technavio has announced its latest market research report titled global online beauty and personal care products market 2018-2022 (Graphic: Business Wire)
Read the 138-page research report with TOC on “Online Beauty and Personal Care Products Market Analysis Report by Product (Skincare, Color cosmetics, Oral hygiene, Male grooming, Baby and childcare, Depilatory, Haircare, Fragrances, Bath and shower, Deodorants, and Sun care products), by Geography (Americas, APAC, and EMEA), and Segment Forecasts, 2018-2022”.
The market is driven by the increasing penetration of smart gadgets and the Internet. In addition, the hassle-free nature and assurance of one-day or two-day delivery is anticipated to further boost the growth of the online beauty and personal care products market.
The rise in the penetration of smart gadgets and the Internet is creating increased awareness about many online shopping brands and platforms, and supporting the infrastructure that is required to access online shopping platforms. This is encouraging the online retailers and other manufacturers of BPC products to sell more products on online shopping platforms and provide convenience to their customers. Achievement of optimal time management is an added advantage of online platforms which together with penetration of smart gadgets and the Internet that is expected to drive market growth during the forecast period.
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Major Five Online Beauty and Personal Care Products Market Companies:
Beiersdorf
Beiersdorf is headquartered in Germany and operates the business under various segments such as Consumer and tesa. The company sells BPC products across different segments such as male-grooming products, haircare, fragrances, skincare, baby and child care, etc.
Estée Lauder
Estée Lauder is headquartered in New York, US and offers products through the following business units: Makeup, Skin Care, Fragrance, Hair Care, and Other. The company sells BPC products across different segments such as color cosmetics, haircare, fragrances, skincare, and others.
L’ORÉAL
L’ORÉAL is headquartered in Clichy, France and operates under various business segments, namely Professional Products Division, Consumer Products Division, L’Oréal Luxe Division, and Active Cosmetics Division. The company offers products through brand names such as Maybelline New York, NYX Professional MakeUp, Garnier, Paris, Vichy, L’oréal, and others.
Procter & Gamble (P&G)
Procter & Gamble (P&G) is headquartered in Cincinnati, Ohio, US and offers products through the following business segments: Baby, feminine, and family care, Beauty, Fabric and Home Care, Health Care, and Grooming. The company offers products through the brand names, Rejoice, Crest, Pampers, SK-II, Gillette, and others.
Unilever
Unilever is headquartered in the United Kingdom and offers products through the following business segments: Personal Care, Foods, Home Care, and Refreshment. The company offers products through the brand names, Pond’s, Axe, Dove, REN Skincare, and others.
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Online Beauty and Personal Care Products: Product Outlook (Revenue, USD Million, 2018-2022)
Online Beauty and Personal Care Products: Regional Outlook (Revenue, USD Million, 2018-2022)
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report
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KEYWORD:
INDUSTRY KEYWORD: COSMETICS RETAIL ONLINE RETAIL SPECIALTY
SOURCE: Technavio Research
Copyright Business Wire 2019.
PUB: 11/27/2019 01:00 PM/DISC: 11/27/2019 01:01 PM
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