The Business Research Company’s Toiletries Global Market Report 2021: COVID-19 Impact And Recovery To 2030
LONDON, GREATER LONDON, UK, June 30, 2021 /EINPresswire.com/ — According to the new market research report ‘Toiletries Global Market Report 2021: COVID-19 Impact And Recovery To 2030’ published by The Business Research Company, the global toiletries market is expected to grow from $190.14 billion in 2020 to $218.8 billion in 2021 at a compound annual growth rate (CAGR) of 15.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $286.86 billion in 2025 at a CAGR of 7%. The aging population is expected to be a growth driver for this market.
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The toiletries market consists of sales of toiletries by entities (organizations, sole traders or partnerships) that prepare, blend, compound, and package toilet preparations, such as perfumes, shaving preparations, hair preparations, face creams, lotions (including sunscreens), and other petroleum based cosmetic preparations.
Trends In The Global Toiletries Market
Companies are focusing on manufacturing of toiletries based on natural and organic products due to increased awareness of consumers about the hazards of the usage of synthetic materials. Toiletries are the products focused on consumer hygiene and beautification. Companies are producing products with high rate of transparency in ingredients, packaging and sustainability as the end users are opting for healthy lifestyles. Natural and Organic Products are obtained from plant extracts, vegetable and essential oils with higher levels of vitamin C and essential minerals such as calcium, magnesium, iron and chromium and are eco-friendly.
Global Toiletries Market Segments:
The global toiletries market is further segmented based on type, distribution channel, preference, gender and geography.
By Type: Lotions (Including Sunscreens), Hair Preparations, Face Creams, Perfumes, Shaving Preparations, Other Cosmetic Preparations
By Distribution Channel: Hypermarkets/Supermarkets, E-Commerce, Pharmacy Stores, Others
By Preference: Mass, Premium
By Gender: Male, Female
By Geography: The global toiletries market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global toiletries market, accounting for 39% of the market in 2020.
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Toiletries Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides toiletries global market overviews, analyzes and forecasts market size and growth for the global toiletries market, toiletries global market share, toiletries global market players, toiletries global market segments and geographies, toiletries global market’s leading competitors’ revenues, profiles and market shares. The toiletries global market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Toiletries Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Toiletries Market Organizations Covered: Reckitt Benckiser Group, Unilever, Henkel AG & Co, Beiersdorf AG.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Toiletries Global Market Report 2021:
Shaving Preparations Global Market Report 2021: COVID-19 Impact And Recovery To 2030
Face Creams Global Market Report 2021: COVID-19 Impact And Recovery To 2030
Hand Sanitizers Global Market Report 2021: COVID-19 Growth And Change To 2030
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