Asia Pacific Beauty And Personal Care Products Market Size & Outlook
The beauty and personal care products market in Asia Pacific is expected to reach a projected revenue of US$ 396.3 million by 2030. A compound annual growth rate of 8.7% is expected of Asia Pacific beauty and personal care products market from 2023 to 2030.
Asia Pacific beauty and personal care products market highlights
The Asia Pacific beauty and personal care products market generated a revenue of USD 203.9 million in 2022.
The market is expected to grow at a CAGR of 8.7% from 2023 to 2030.
In terms of segment, skin care was the largest revenue generating product in 2022.
Color cometics is the most lucrative product segment registering the fastest growth during the forecast period.
Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
Market revenue in 2022
USD 203.9 million
Market revenue in 2030
USD 396.3 million
Growth rate
8.7% (CAGR from 2022 to 2030)
Largest segment
Skin care
Fastest growing segment
Color cometics
Historical data covered
2016 - 2021
Base year for estimation
2022
Forecast period covered
2023 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Skin care, Hair care, Color cometics, Fragrances
Key market players worldwide
Unilever PLC, The Estee Lauder Companies Inc Class A, Shiseido Co Ltd, Revlon, Procter & Gamble Co, L'Oreal SA, Coty Inc Class A, Kao Corp, Avon Protection PLC, Oriflame Cosmetics
Other key industry trends
In terms of revenue, Asia Pacific region accounted for 39.2% of the global beauty and personal care products market in 2022.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 396.3 million by 2030.
With growing global environmental consciousness, many consumers in Asia seek sustainable and ecofriendly alternatives. As a result, beauty brands across the region are incorporating a wide range of natural ingredients in beauty and personal care products, like green tea, ginseng, rice, aloe vera, and various botanical extracts, to cater to the demand for more sustainable and holistic beauty options.
Unilever’s Indian headquarters is involved in formulating beauty products that consist of natural ingredients. Also, L’Oréal’s Innovation Runway offers beauty industry start-ups a platform to create sustainable and environmentally friendly products. The region has a notable desire for scents in personal care products.
Asia Pacific Beauty And Personal Care Products Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Beauty And Personal Care Products Market Outlook will help companies and investors design strategic landscapes.
Skin Care was the largest segment with a revenue share of 33.2% in 2022.
Horizon Databook has segmented the Asia Pacific beauty and personal care products market based on skin care, hair care, color cometics, fragrances covering the revenue growth of each sub-segment from 2016 to 2030.
Asia Pacific Beauty And Personal Care Products Market Products Outlook (Revenue, USD Million , 2016-2030)
Skin care
Hair care
Color cometics
Fragrances
Others
Asia Pacific Beauty And Personal Care Products Market Distrbution Channel Outlook (Revenue, USD Million , 2016-2030)
Hypermarkets and Supermarkets
Specialty Stores
E-Commerce
Others
Asia Pacific Beauty And Personal Care Products Market Type Outlook (Revenue, USD Million , 2016-2030)
Conventional
Organic
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Beauty And Personal Care Products Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Beauty And Personal Care Products Market Outlook from 2016 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Beauty And Personal Care Products Market, 2016-2030 (US$M)