Market Share of Beauty and Personal Care Products Industry
The global beauty and personal care market is highly competitive, with a strong presence of regional and international players in the market like Procter & Gamble, Unilever, L'Oréal SA, Colgate-Palmolive Company, and Estée Lauder Inc. Demand is mainly driven by more adaptation toward skincare routines and consumer awareness about brand know-how. The companies improved the quality and product innovation regarding ingredients, functionality, and packaging. The key players are embarking on mergers, acquisitions, and product innovation as their key strategies to achieve consolidation and optimize offerings. Moreover, these players merge with local players to gain dominance in the local market.
Beauty and Personal Care Products Market Leaders
The Procter & Gamble Company
L'Oreal SA
Unilever PLC
Colgate-Palmolive Company
The Estee Lauder Companies
*Disclaimer: Major Players sorted in no particular order
