Table of Contents
The toiletries industry includes companies involved in preparing, blending, compounding, and packaging toiletries. The products that are classified as toiletries include perfumes, shaving preparations, hair preparations, face creams, lotions, sunscreens and other cosmetics. These products are used for cleansing, beautifying, and improving attractiveness and appearance of the human body. For instance, face creams and lotions are used for protection from dust and sunlight, cosmetics are used for beautification, and perfumes and deodorants are used to prevent bad odours.
The toiletries or toilet preparation market was the ninth largest in the chemicals market in 2015 at $XX billionn or $XX billion.
Europe was the largest geographic market in the toiletries market in 2015, accounting for $XX billion or XX% of the global market. Europe is the largest market because of increasing income levels, high advertising spend and high awareness about toiletries and new products development carried out by the major brand manufacturers. Asia was the second largest geographic market, accounting for $XX billion or XX% of the global market. The Americas was the third largest geographic market, accounting for $XX billion or XX% of the global market.
Global per capita toiletries consumption grew from $XX in 2011 to $XX in 2015 at a CAGR of XX% and is expected to grow to $XX in 2019 at a CAGR of XX%. Per capita consumption is increasing because of an increasing consumer base, rising frequency of purchase, new product development and emerging market growth.
The demand for products with halal certified ingredients is growing. Various chemical companies are manufacturing products which comply with international halal standard HAS 23000. For example chemical company BASF announced that 145 of its products for personal care comply with international halal standard HAS 23000.
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