Report ID: UCMIG30L2072
Report ID:
UCMIG30L2072 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The increased need for gender-specific goods such as conditioners, shampoos, shaving creams, & face masks and peels is predicted to propel the worldwide personal care industry. Furthermore, rising demand for products that perform multiple functions, such as toothpaste in whitening effect, moisturisers with sun protection, or shower & bath amenities with fragrance therapy to relaxation, will likely contribute to the growth of the market for personal care products over the forecast period. However, a trend in customer preference towards chemical-free goods as a result of increased awareness about their negative effects on health and skin is projected to be a major restraint for the market.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Personal Products by segment aggregation, the contribution of the Personal Products in Household & Personal Products and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG30L2072