Press release

Toiletries Market Share & Size Analysis, Growth, Trends, Report, 2024-2032

Toiletries Market Share & Size Analysis, Growth, Trends, Report, 2024-2032

 

 
The global toiletries market size was valued at USD 165.50 billion in 2023. The market is expected to expand from USD 173.33 billion in 2024 to USD 263.31 billion by 2032, exhibiting a CAGR of 5.37% over the study period.

Toiletries are inclusive of products such as toothpaste, conditioner, deodorant, soap, and other items deployed for taking care of or cleaning the body. The surging consumers' inclination toward personal hygiene and grooming has bolstered the demand for toilet products, specifically among urban populations, fueling the market expansion.

The COVID-19 pandemic asserted both favorable and favorable influences on the market. Amid the initial phase, lockdowns and restrictions hindered manufacturing processes, resulting in a dearth of certain products. However, the market witnessed a considerable rise in demand for disinfectants, soaps, and hand sanitizers amid the pandemic as hygiene emerged as a top priority for consumers.

Fortune Business Insights™ provides this information in its research report, titled "Toiletries Market, 2024-2032".

𝐆𝐞𝐭 𝐀 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/toiletries-market-110070

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐌𝐞𝐧𝐭𝐢𝐨𝐧𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐓𝐨𝐢𝐥𝐞𝐭𝐫𝐢𝐞𝐬 𝗠𝗮𝗿𝗸𝗲𝘁 𝐑𝐞𝐩𝐨𝐫𝐭:
‣ Reckitt Benckiser Group (U.K.)
‣ Unilever PLC (U.K.)
‣ The Procter & Gamble Company (U.S.)
‣ Kimberly-Clark Corporation (U.S.)
‣ Beiersdorf AG (Germany)
‣ L'Oréal S.A. (France)
‣ Johnson & Johnson (U.S.)
‣ Estee Lauder Companies, Inc. (U.S.)
‣ HCP Wellness (India)
‣ Shiseido Co. Ltd. (Japan)
‣ LVMH Moët Hennessy (France)
‣ The Somerset Toiletry Company (U.K.)
‣ Kao Corporation (Japan)
‣ Hunter Amenities (Canada)
‣ Colgate-Palmolive (U.S.)

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: 𝐓𝐨𝐢𝐥𝐞𝐭𝐫𝐢𝐞𝐬 𝗠𝗮𝗿𝗸𝗲𝘁
Presence of Various Formats of Bath & Toilet Products to Foster the Segment Growth

In terms of type, the market is segregated into hair care products, skincare products, bath & toilet products, and others. The bath & toilet products segment is slated to occupy the largest share during the forecast period on account of the availability of different formats of these products, such as liquids, foams, gels, and bars in this segment, which serve various consumer preferences.

Female Segment to Hold Leading Position Impelled by Utilization of Various Toiletries by Many Women

By end-user, the market is segmented into female and male. The female segment is expected to witness the largest toiletries market share during the forecast period, driven by the deployment of various toiletries by several women in their daily routines. This results in heightened and constant consumption rates for the products.

Testers Frequently Provided by Cosmetic Retail Outlets to Expedite the Offline Segment Expansion

In terms of distribution channel, the market is bifurcated into online and offline. The offline segment is anticipated to depict the largest market share during the forecast period, propelled by samples and product testers frequently offered by cosmetic retail outlets, which allow customers to experiment with new products while making well-informed choices.

On the basis of region, the market is divided into the Middle East & Africa, Asia Pacific, South America, North America, and Europe.

𝐀𝐬𝐤 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/toiletries-market-110070

𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:
The report includes:
‣ Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
‣ Comprehensive insights into regional developments.
‣ List of major industry players.
‣ Key strategies adopted by the market players.
‣ Recent industry developments include product launches, partnerships, mergers, and acquisitions.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬:
Fast-pace Urbanization and Consumers' Lifestyle Changes to Propel Product Demand, Augmenting Market Expansion

The lifestyles of the urban population are often fast-paced, which results in a greater demand for time-saving and useful personal care products, such as cleansing wipes, multi-purpose toiletries, and shampoos. Quick urbanization is often related to a surge in economic opportunities and higher disposable incomes, which enable consumers to spend more on hygiene products and cosmetics.

Despite such opportunities for toiletries market growth, the tightening regulations coupled with compliance needs for ingredients and product formulations may hamper its expansion.

𝗕𝗿𝗼𝘄𝘀𝗲 𝗗𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 𝗦𝘂𝗺𝗺𝗮𝗿𝘆:
https://www.fortunebusinessinsights.com/toiletries-market-110070

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
Asia Pacific Led Owing to Growing Significance of Personal Hygiene

The Asia Pacific market captured the largest share of the market in 2023, which can be credited to the rising significance of personal hygiene and grooming among youth in the Asia Pacific, specifically in countries including Indonesia and India. This factor boosts the demand for toilet products.

South America market growth can be ascribed to expanding e-commerce platforms, which provide suitable access to a broad range of toiletry products to consumers. The surging penetration of the internet coupled with smartphone use aids online shopping for products, especially among urban consumers, impelling the market growth.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
Key Players Emphasize Collaborations to Enhance their Retail Presence

The market is witnessing the incorporation of a wide array of competitive strategies by companies to outshine the competition. Acquisitions, joint ventures, and capacity expansions are some of them. Collaboration strategies are also being deployed by leading companies to boost their presence.

𝐑𝐞𝐚𝐝 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
Cosmetics Market
https://www.fortunebusinessinsights.com/cosmetics-market-102614

Wipes Market
https://www.fortunebusinessinsights.com/wipes-market-103288

Tissue Paper Market
https://www.fortunebusinessinsights.com/tissue-paper-market-102847

𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭:
• May 2024 - P&G's Pampers brand introduced its latest innovation, Swaddlers 360 diapers, designed to revolutionize and simplify diaper changes. Swaddlers 360 diapers ensure hassle-free changes with a stretchy, pull-on waistband and easy-tear sides.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀:
Fortune Business Insights™ Pvt. Ltd.
9th Floor, Icon Tower,
Baner, Pune-411045,
Maharashtra, India.
Phone:
U.S.: US +1 833 909 2966 (Toll Free)
UK +44 808 502 0280 (Toll Free)
APAC +91 744 740 1245
Email: sales@fortunebusinessinsights.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.


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