Market Insights Consumer Beauty & Personal Care

Personal Care - Europe

Europe

In Europe, the revenue in the Personal Care market is projected to reach €55.79bn in 2024.
It is anticipated to experience an annual growth rate of 1.52% (CAGR 2024-2028).
When compared to other countries worldwide, in the United States leads in revenue generation, with €42bn in 2024.
On a per capita basis, the personal care industry generates €66.10 in revenue per person in Europe in 2024.
In France, the personal care market is driven by a strong demand for organic and natural products.

Key regions: Singapore, United Kingdom, United States, Indonesia, India

Mercado

Región

Comparación de regiones

Moneda

Methodology

Data coverage:

The data encompasses B2C enterprises. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations such as population, GDP per capita, and Human Development Index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, multiple forecasting techniques based on different forecasting methods, such as Autoregressive Integrated Moving Average (ARIMA) and exponential trend smoothing, can provide the most accurate forecasts.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.