Market Snapshot:
Travel Size Toiletries are consumer products used in personal hygiene and for beautification during traveling. The travel size Toiletries market is thriving these days owing to the increased online retail channels across the globe. These products are used for maintaining the hygiene of individuals.
Market Drivers
- Growing Consciousness about Grooming among People
- Celebrity Endorsements Fueling the Growth of the Market
Market Trend
- Higher Spending on Holistic Bridal Solutions such as Year-Long Skin Care Regimes
- Growing Online Sales
Restraints
- The Threat of Health Hazard
- Relatively High Cost Of Organic Toiletries
- Lack of Product Knowledge among People
Opportunities
Rising Women Workforce, Emergence of Organic Alternative Products and The Emerging Demand from Asia Pacific Region
Vendors Covered in the Study are:
Unilever (United Kingdom), Procter & Gamble (United States), Beiersdorf (Germany), L'Oréal S.A. (France), Johnson & Johnson (United States), Baxter of California (United States), Reckitt Benckiser Group (United Kingdom), Kimberly-Clark (United States) and Henkel AG (Germany)
The Global Travel Size Toiletries market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Industry Insights:
In May 2019, Beiersdorf and Bayer has announced that Beiersdorf has entered into a definitive agreement to buy the Coppertone™ business from Bayer for a purchase price of 550 million U.S. dollars.
What can be explored with Travel Size Toiletries study:
• Where Travel Size Toiletries industry stands in scaling its end use implementations
• What concrete benefits would result from scaled initiatives by Vendors
• Where Vendors should focus their investments cycle
• Key success factors and recommendations for upscaling future growth.
• Target Market / Country and Key Business Segments