AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Personal Care Products market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Personal Care Products market to grow at a CAGR of 4.78% to aggregate USD643.54 Billion by 2026.
The End User, such as Men, is boosting the Personal Care Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Personal Care Products market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Consumer Awareness about Health and Hygiene Coupled With Celebrity Endorsement Garnered Huge Appeal and Expansion of Distribution Channels and Rising Influence Of E-Commerce Sale Of Personal Care Products.
Personal care product (PCP)) refers to those items which support personal hygiene and toileting. PCPs include products ranges from cleansing, saving, hair styling, moisturizing, cosmetics and others. Humans, ever obsessed with beauty, have also realized the importance of hygiene thus, adopting such products at mass scale and creating a huge opportunity for manufacturers to grow rapidly. Amid availability of key players, the bargaining power of consumer which is an all-time high puts the on manufacturers to innovate through their products to stay competitive in the cut-throat market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Personal Care Products market by Type (Hair care, Shaving, Oral care, Personal cleanliness, Skin Care and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market