Harrisburg, NC -- (SBWIRE) -- 10/21/2020 -- The Global Toiletries Market Research Report 2020-2030 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
The global toiletries market is expected to grow from $223.1 billion in 2019 to $223.4 billion in 2020 at a compound annual growth rate (CAGR) of 0.2%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of % from 2021 and reach $221.6 billion in 2023.
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Key Market Players:
Reckitt Benckiser Group; Unilever; Henkel AG & Co; Beiersdorf AG and Other
1) By Type: Lotions (Including Sunscreens); Hair Preparations; Face Creams; Perfumes; Shaving Preparations; Other Cosmetic Preparations
2) By Distribution Channel: Hypermarkets/Supermarkets; E-Commerce; Pharmacy Stores; Others
3) By Preference : Mass; Premium
4) By Gender: Male; Female
Asia Pacific was the largest region in the global toiletries market, accounting for 39% of the market in 2019. North America was the second largest region accounting for 26% of the global toiletries market. Africa was the smallest region in the global toiletries market.
The demand for products with halal certified ingredients is growing. Various chemical companies are manufacturing products which comply with international halal standard HAS 23000. For example chemical company BASF announced that 145 of its products for personal care comply with international halal standard HAS 23000.
The toiletries manufacturing market consists of the 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.
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Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Toiletries Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and
– Competitive landscape of Toiletries Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
Finally, the Toiletries Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and Market development rate and figure, and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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