Beauty & Personal Care - Asia

Asia

The revenue in the Beauty & Personal Care market in Asia is projected to reach €235.70bn by 2024.
It is expected to grow at an annual rate of 3.47% (CAGR 2024-2029).
The largest segment in this market is Personal Care, with a market volume of €96.90bn in 2024.
In comparison to other countries, in the United States generates the highest revenue, amounting to €93bn in 2024.
When considering the population, the per person revenue in Asia is estimated to be €51.86 in 2024.
Additionally, online sales are predicted to contribute 33.5% of the total revenue in the Beauty & Personal Care market by 2024.
Japan's beauty market is driven by a strong demand for skincare products and a focus on natural and traditional ingredients.

Key regions: United States, Worldwide, India, Indonesia, Canada

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Comparaison de régions

Monnaie

Analyst Opinion

The Beauty & Personal Care market is thriving and one of the fastest growing consumer markets, driven in particular by the Cosmetics and Skin Care segments. The main reason for this strong growth is the generational shift with young consumers entering the market. At the same time, this change is reinforced by social media, internationality, and eCommerce, which have a lasting effect on buying behavior when it comes to beauty products. Trends from all over the world are spreading and changing the daily beauty and care routine.