The global Beauty & Personal Care Products Market size was estimated at USD 513.7 billion in 2023 and is projected to reach USD 830.2 billion in 2030 at a CAGR of 6.9% during the forecast period 2024-2030.

The beauty and personal care products market has seen substantial growth, particularly among millennials who increasingly incorporate skincare, color cosmetics, and hair care into their daily grooming routines. The surge in popularity of cosmetics made with natural, non-toxic, and organic ingredients has significantly bolstered market expansion. Furthermore, the easy availability of these products through a variety of sales channels, including specialty stores, pharmacies, and beauty salons, has driven value sales growth.

The global Beauty & Personal Care Products Market size was estimated at USD 513.7 billion in 2023 and is projected to reach USD 830.2 billion in 2030 at a CAGR of 6.9% during the forecast period 2024-2030.

The beauty and personal care products market has seen substantial growth, particularly among millennials who increasingly incorporate skincare, color cosmetics, and hair care into their daily grooming routines. The surge in popularity of cosmetics made with natural, non-toxic, and organic ingredients has significantly bolstered market expansion. Furthermore, the easy availability of these products through a variety of sales channels, including specialty stores, pharmacies, and beauty salons, has driven value sales growth.

A notable trend within this market is the rising interest from male consumers in skincare and grooming products aimed at improving their physical appearance and maintaining healthier skin. This demographic shift presents promising growth opportunities. Additionally, increased investments in research and development for innovative and effective products are further propelling market growth.