The U.S. personal care products market is expected to
reach USD 134.2 billion by 2025, according to a new report by Grand View
Research, Inc. According to the United States Census Bureau, residents aged 60
and above have been grown up from 35.0 million in 2000 to 49.2 million in 2016
accounting for 15.2% of the total population in 2016.
The U.S.’s millennial group is aging, the younger
generations have a huge impact on the country’s personal care and beauty care
industry. The young generation tends to spend a high amount on the skincare,
color cosmetics, and other personal care products for ensuring their appearance
matching with their social media presence. Nowadays, many new products are
launched featuring botanical and natural ingredients across all cosmetics and
personal care categories. For instance, Estee lauder have Aveda, it’s a
botanical skin and hair care brand that offers products such as oils and
shampoos with the natural and botanical ingredients.Few companies engaged in
manufacturing of the personal care products are Johnson and Johnson, L’Oreal
SA, Procter and Gamble, Unilever, Helen of Troy Limited, Colgate-Palmolive
Company, Avon Products, Inc and Estee Lauder Companies Inc.
Full
Research Report On U.S. Personal Care Products Market By Grand View
Research:
www.grandviewresearch.com/industry-analysis/us-personal-care-products-market
www.grandviewresearch.com/industry-analysis/us-personal-care-products-market
Further
key findings from the report suggest:
- Increasing purchasing power of the millennials
is primarily driving the growth of this market.
- Significant players undertaking acquisitions
and divestments to remain competitive and focus on natural ingredients
products is boosting the market.
- Skincare is the largest and the fastest growing
segment owing to the factors such as increasing demand for the anti-aging
products and increased consciousness among people.
- Key players in the market include Johnson and
Johnson, L’Oreal SA, Procter and Gamble, Unilever, Helen of Troy Limited,
Colgate-Palmolive Company, Avon Products, Inc and Estee Lauder Companies
Inc.
Browse
More Reports Of This Category By Grand View Research:
www.grandviewresearch.com/industry/consumer-goods
www.grandviewresearch.com/industry/consumer-goods
Grand View Research has segmented the U.S. personal care products market
on the basis of product:
U.S.
Personal Care Products Product Type Outlook (Revenue, USD Billion; 2014 -
2025)
- Skincare
- Haircare
- Personal
Hygiene
- Make-up
- Fragrance
- Oral
Hygiene
- Others
Access
Press Release Of This Research Report By Grand View Research:
www.grandviewresearch.com/press-release/us-personal-care-products-market-analysis
www.grandviewresearch.com/press-release/us-personal-care-products-market-analysis
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.
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