Comprehensive Report on the Next-Generation Personalized Beauty Market: Opportunities and Challenges

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 With a focus on usability, this report equips professionals with the latest industry insights to stay ahead in the competitive next-generation personalized beauty market.


What Is The Expected CAGR For The Next-Generation Personalized Beauty Market Through 2025?
The next-generation personalized beauty market size has grown rapidly in recent years. It will grow from $43 billion in 2024 to $48.57 billion in 2025 at a compound annual growth rate (CAGR) of 13.0%. The growth in the historic period can be attributed to advertising and promotional activities, strong economic growth in emerging markets, and rising disposable income.

The next-generation personalized beauty market size is expected to see rapid growth in the next few years. It will grow to $84.98 billion in 2029 at a compound annual growth rate (CAGR) of 15.0%. The growth in the forecast period can be attributed to rapid urbanization, rapid growth in e-commerce, and tech-savvy customers and companies. Major trends in the forecast period include advertising & promotional activities, strong economic growth in emerging markets, and rising disposable income.

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Which Key Factors Will Influence Next-Generation Personalized Beauty Market Growth Over 2025-2034?
Increasing demand from e-commerce companies for consumer goods to cater to the growing demand from end customers is expected to increase the demand for personal hygiene products and drive the demand for the next-generation personalized beauty market during the forecast period. The e-commerce sector relies heavily on logistic delivery providers, who are currently being serviced by logistic companies. In February 2024, according to Digital Commerce 36, US-based media and research organization specializing in e-commerce, U.S. e-commerce sales reached $1.119 trillion in 2023, from$1.040 trillion in 2022. With reduced 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 before the pandemic, a solid digital strategy is critical to maximizing brand discovery potential. Virtual storefronts have aided in the transformation of e-commerce from static product catalogs 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 demand for the next-generation personalized beauty market.

Comprehensive Segment-Wise Insights Into The Next-Generation Personalized Beauty Market
The next-generation personalized beautymarket covered in this report is segmented –

1) By Product: Skincare, Haircare, Make-Up, Fragrances, Other Products
2) By Application: Consultation Or Digital Questionnaires, Apps And Specialized Hardware, Home Test Kits

Subsegments:
1) By Skincare: Moisturizers, Serums, Cleansers, Exfoliants, Masks And Treatments
2) By Haircare: Shampoos, Conditioners, Hair Treatments, Styling Products
3) By Make-Up: Foundation, Lip Products, Eye Products, Blush And Highlighter
4) By Fragrances: Perfumes, Body Mists, Home Fragrances
5) By Other Products: Beauty Tools And Accessories, Sun Care Products, Men's Grooming Products, Personalized Beauty Devices

What Are The Prominent Trends In The Next-Generation Personalized Beauty Market?
Companies in the next-generation personalized beauty market are focused on developing advanced products to broaden their product portfolios and expand their next-generation personalized beauty products. For example, in June 2024, Unilever, a UK-based consumer goods company launched BeautyHub PRO. It is an AI-powered platform that utilizes computer vision technology to assess up to 30 visual data points. This innovation allows BeautyHub PRO to provide personalized product recommendations across several Unilever beauty brands, helping consumers find products that match their specific needs. This AI-driven approach not only enhances the customer experience but also drives growth for Unilever’s beauty portfolio by offering more targeted and effective product recommendations.

Analysis Of Key Players In Next-Generation Personalized Beauty Market
Major companies operating in the next-generation personalized beauty market include Estee Lauder Inc, Function of Beauty, Prose, Curology, Hims & Hers Health Inc, Skin Authority, Bite Beauty, Esalon, Codage, insitU Cosmetics Ltd, Lancome, Giorgio Armani Beauty, Kiehl's, Olay, Baccarose Perfumes & Beauty, Kanha Nature Oils, CKC Fragrances, Deon Pro Corporation, Flavaroma, Zhuhai Jiaxinkang Pharmaceutical Technology Co Ltd, Guangzhou Phero Perfume Co Ltd, Shandong Yingyang Flavors & Fragrances Co Ltd, Kao Chemicals, Takasago International Corporation, Guangzhou MT perfume Company, Zhejiang Qianliang Cosmetics Co Ltd, Guangzhou Baihua Flavors And Fragrances Company Ltd, Barry M Cosmetics, Beiersdorf UK Ltd, HC MedSpa, BEEVER Personal Care, Dendron Brands Ltd, Richards and Appleby Ltd, Skin Health Spa, Design Plus Health & Beauty Ltd, Famille Grasse Parfums, Dina Cosmetics France, Mikrocaps D.O. O, BASF SE, Firmenich SA, Solvay, Robertet Group, Symrise AG, Givaudan, Akvion JSC, Eleutere-Parfum Ltd, Atlantic Cosmetics (Atlantic Group), Tereza-Inter LLC, Verona Products Professional Sp. Z O.O, Binalex, Gabriella Salvete S.R.O, Paul's Bohemia Trading S.R.O, Hero Cosmetics, Momentive Performance Materials Inc, Ashland Inc, Stepan Company, Avon Products Inc, ROCSA, Surya Brasil, Natura & Co, Dacov Cosmeticos, Unilog Universal Logistics, Columbia Cosmetics, GlamBox ME, Huda Beauty, Glamazle, Source Beauty, Lavido, Gamila Secret, Beauty Treat, GlowByCindy, Fyzzoworld Skincare, Organic Therapy, Charlotte Rhys, Mented Cosmetics, Esse Skincare

View the full next-generation personalized beauty market report here:
https://www.thebusinessresearchcompany.com/report/next-generation-personalized-beauty-global-market-report

What Are The Key Regional Trends In The Next-Generation Personalized Beauty Market?
Asia-Pacific was the largest region in the next-generation personalized beauty market in 2024 and is also expected to be the fastest-growing region in the forecast period. The regions covered in the next-generation personalized beauty market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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