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The revenue generated by the North America beauty personal care products market is expected to increase from $93.81 billion in 2017 and reach $110.28 billion by 2026, growing at a 1.78% CAGR for the estimated years of 20182026.
Growing demand for men's grooming products, advances in labelling packaging, and significant demand for multifunctional products are factors that are increasing the sales of beauty and personal care products in the North American market. The US enjoys a footprint of many multinational companies, which increasingly focus on new product development and advertising campaigns. In Canada, speciality stores and salons are gaining more prominence, as the supermarkets and direct selling distribution channels are well established in the region. The penetration of ecommerce is further boosting the beauty personal care products sales in the North American region.
Few of the existing brands in this region include Sally Beauty Holdings Inc, Procter And Gamble, Coty Inc, Kao Corporation, The Este Lauder Companies Inc, L'oreal Group, Revlon, Avon,LVMH Moet Hennessy Louis Vuitton SA, L'occitane International S.A, Unilever, Mary Kay and Beiersdorf AG.NEXT ARTICLE
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