- Hair Care
- Makeup & Color Cosmetic Products
The United States market is poised to grow with a CAGR of 5.4% over 2022-2028. owing to increasing consciousness among consumers, focus on launching new and innovative products,Â increase in the demand for organic and natural skincare, consumer spending towards cosmetics & other personal care products and growing awareness about advantages of using anti â€“ aging products. However, high manufacturing, marketing costs, appearance of harmful chemical ingredients in products and easy availability of counterfeit products are hindering the market growth. The report studies United States market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, United States market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed United States market to better equip clients with possible investment opportunities across the country (Country Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the United States market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in United States beauty and personal care products products.
E-Commerce accounted for larger revenue share in United States market with a significant CAGR and is expected to grow over the forecast years Consumers have limitless access to online shopping platforms owing to the strong access of Internet and smart gadgets. The growing access of smart gadgets and the Internet across the world is rising consumer reliance on technology. The rising penetration of the Internet and smart gadgets is one of the main factors driving market growth. Retailers and other BPC product manufacturers use online platforms to improve their geographical reach and consumer base. Benefits such as the convenience of shopping, the existence of a broad product base, and optimal time management with enhanced security features are boosting e-commerce growth.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Key playerâ€™s profiles in the United States beauty and personal care products market include: