Personal Care Market Size, Trends, Analysis And Forecast Report To 2020: Grand View Research, Inc.
Global personal care market is expected to witness high growth on account of increasing demand for sun protection and anti-ageing products used in order to maintain healthy and youthful skin appearance. Multinational companies such as P&G, Unilever and L'Oréal are focusing on developing personal care market in emerging economies including BRICS offering better quality products to consumers with increased income levels and high spending power. Rising consumer awareness regarding product ingredients and their effectiveness is a major opportunity for the multinational companies to help set a strong foothold in developing countries.
Full research report on Global Personal Care Market with detailed figures and charts available at:
Changing trends in terms of product availability through online portals, infomercials, home shopping, vending machines and supermarkets is expected to have a positive impact on the personal care market growth. U.S being the largest cosmetics market contributes a major chunk to the North American personal care industry and is followed by Japan, France, Germany, UK and Italy.
Get more information on Global Personal Care Market or request for TOC of this research report at:
Growing organized retail market coupled with increasing consumer awareness are key factors responsible for high luxury product demand in Asia Pacific and Latin America which is expected to augment personal care market growth. Companies present in the personal care market face a major challenge of supplying high quality products at lower prices which is expected to restrict market growth. Furthermore, increasing packaging and raw materials cost is expected to act as market restraint over the forecast period. Unilever recently acquired REN Skincare in order to further strengthen its position in the personal care market. In the past few months, Unilever purchased Camay and Zest soap brands from P&G adding to its existing extensive skincare product portfolio.
View more reports of this category by Grand View Research at:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more information, visit: www.grandviewresearch.com/
Company Name: Grand View Research, Inc. Contact Person: Sherry James Email: firstname.lastname@example.org Phone: 1-415-349-00581-415-349-0058 Address:28 2nd Street, Suite 3036 City: San Francisco State: California Country: United States Website: www.grandviewresearch.com/industry-analysis/personal-care-market