The Business Research Company’s Next Generation Personalized Beauty Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Next Generation Personalized Beauty Global Market Report 2023 evaluates next generation personalized beauty market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global next generation personalized beauty market is expected to grow from $51,637.7 million in 2026 at a rate of 12.0 %. The global next-generation personalized beauty market size is then expected to grow at a CAGR of 12.4% from 2026 and reach $92,530.4 million in 2031.
The increase in demand from e-commerce companies for consumer goods to cater for the growing demand from end-customers is expected to increase the demand for personal hygiene products and drive the demand for next-generation personalized beauty during the forecast period. The ecommerce sector relies heavily on logistic delivery providers who are currently being serviced by logistic companies. According to the US Department of Commerce Retail Indicator Division, e-commerce sales were $870 billion in the US in 2021, a 14.2% increase over 2020 and a 50.5% increase over 2019. With reducing delivery times and leaner supply chains, the demand for last-mile delivery in e-commerce is expected to drive the demand for consumer goods, thus generating demand for next-generation personalized beauty. With consumers 40% more eager to explore new beauty products and brands than they were prior to the pandemic, a solid digital strategy is critical to maximizing brand discovery potential. Virtual storefronts have aided in the transformation of ecommerce from static product catalogues to dynamic, changing locations that seem much more like something you may encounter in a physical store – a significant competitive advantage for online beauty firms. Hence, the growing e-commerce market is expected to drive the demand for the next-generation personalized beauty market.
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The next generation personalized beauty market segments in the report are:
1) By Product: Skincare; Haircare; Make-Up; Fragrances; Other Products
2) By Application: Consultation/Digital Questionnaires; Apps And Specialized Hardware; Home Test Kits
The table of contents in TBRC’s next generation personalized beauty market report includes:
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
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26. Competitive Landscape And Company Profiles
27. Key Mergers and Acquisitions
28. Opportunities And Strategies
29. Next-Generation Personalized Beauty Market, Conclusions And Recommendations
30. Appendix
Top Major Players:
- Estee Lauder Inc.
- Function of Beauty
- Prose
- Curology
- Hims & Hers Health, Inc
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