The global health & beauty market grew at a slower rate in 2024, as the market remained subdued due to high inflation worldwide, resulting in weakened consumer confidence and decreased spending on non-essential categories. The global online health & beauty market growth was driven by the greater integration of technologies such as artificial intelligence (AI) and augmented reality (AR) into the online shopping experience. Omnichannel strategies are transforming the global health & beauty market by enhancing online visibility and enabling retailers to engage with a broader audience.
Key Highlights
- Between 2024 and 2029, the global health & beauty market will grow at a CAGR of 4.1%, driven by the increasing demand for wellness and functional beauty products
- The online health & beauty market will grow at a CAGR of 5.7% in the forecast period, driven by retailers’ continued investment in cutting-edge technologies
- The maturity of the US health & beauty market solidifies the Americas’ dominance in the global market
Scope
- The Global Sector Series - Health & Beauty 2024-2029 report offers comprehensive insight and analysis of the health & beauty market, the major players, and key trends. It provides detailed analysis of the key trends shaping the market, market sizes and forecasts, and the performance of key retailers.
Reasons to Buy
- Gain a comprehensive view of the global health & beauty market and forecasts to 2029
- Investigate current and forecast trends in the health & beauty market to identify the opportunities offering the most potential
- Understand who the main competitors are in the global health & beauty market and their price positioning
Table of Contents
- Executive Summary
- Key Trends
- Global Health & Beauty Market Drivers and Inhibitors
- Key Trend: AI is extending its influence beyond personalization
- Key Trend: Retailers must focus on its ESG strategy to attract eco-conscious consumers
- Key Trend: Omnichannel strategies boost brand visibility and reach more customers
- Strategies for Success
- MARKET SIZE AND FORECASTS
- Global Health & Beauty Market Value 2019-2029
- Global Health & Beauty Online Market 2019-2029
- Global Health & Beauty Market by Channel Share, 2019-2029
- REGIONAL PERFORMANCE AND FORECASTS
- Global Health & Beauty Market by Region, 2019-2029
- Top 10 Global Health & Beauty Markets, 2024 - 2029
- Top 10 Health & Beauty Markets by Online Sales, 2024-2029
- Top 10 Health & Beauty Markets by Forecast CAGR, 2024-2029
- CATEGORY PERFORMANCE AND FORECASTS
- Global Health & Beauty Category Performance, 2019-2029
- MARKET SHARES AND BRAND PROFILES
- Top 20 Retailers: Market Shares 2023 & 2024
- Retailers in Focus: Drogerie Markt
- Retailers in Focus: Sephora
- Retailers in Focus: Olive Young
- Retailers to Watch
- Methodology
- Contact the Publisher
- Global Health & Beauty Market Value ($ bn) 2019-2029, and Annual Growth (%)
- Global Health & Beauty Online Market ($ bn) and Online Penetration (%), 2019-2029
- Channel Shares (%) within the Global Health & Beauty Market, 2019, 2024(f) & 2029(f)
- Share of Global Health & Beauty Market by Region (%) 2019, 2024(f) & 2029(f)
- Top 10 Global Health & Beauty Markets by Value ($ bn), 2024(f), 2025(f) & 2029(f)
- Top 10 Global Health & Beauty Markets by Online Sales ($ bn), 2024(f), 2025(f) & 2029(f)
- Top 10 Global Health & Beauty Markets by CAGR (%) 2024-2029
- Global Health & Beauty Category Performance, 2019, 2024(f), 2029(f)
- Top 20 Retailers by Market Share (%), 2023 & 2024 with Change in Share 2023-2024 (ppts)
- Drogerie Markt 2019-2024 Global Health & Beauty Sales ($ bn), Annual Growth and Market Share (%)
- Sephora 2019-2024 Global Health & Beauty Sales ($ bn), Annual Growth and Market Share (%)
- Olive Young 2019-2024 Global Health & Beauty Sales ($ bn), Annual Growth and Market Share (%)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aldi
- Amazon
- Avon
- Boots
- Chanel
- Cosmos Pharmaceutical Corp
- CVS Pharmacy
- Drogerie Markt
- Edgewell Personal Care
- Florasis
- Hourglass Cosmetics
- Kao
- Kroger
- L'Oréal
- LVMH
- Natura & Co
- Olive Young
- PureSeoul
- Rite Aid
- Ritual
- Rossmann
- Sephora
- Shoppers Drug Mart
- Target
- TSURUHA
- Ulta
- Walgreens
- Walmart
- Watsons
- Welcia
