Beauty & Personal Care - Denmark

Denmark

Denmark's Beauty & Personal Care market is projected to generate revenue of US$1,766.00m in 2024.
With an expected annual growth rate of 2.41% (CAGR 2024-2029), the market is anticipated to expand steadily.
The largest segment in this market is Personal Care, which is estimated to have a market volume of US$719.80m in 2024.
When compared globally, in the United States leads in revenue generation, with an estimated amount of US$100bn in 2024.
In terms of per capita revenue, in Denmark is expected to generate US$297.30 per person in 2024.
Furthermore, the Beauty & Personal Care market in Denmark is predicted to see a significant portion, 31.8%, of its total revenue come from online sales by 2024.
Despite its small size, Denmark has a thriving market for natural and organic beauty products, reflecting the country's strong emphasis on sustainability and ecological awareness.

Key regions: United States, Worldwide, India, Indonesia, Canada

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Analyst Opinion

The Beauty & Personal Care market is thriving and one of the fastest growing consumer markets, driven in particular by the Cosmetics and Skin Care segments. The main reason for this strong growth is the generational shift with young consumers entering the market. At the same time, this change is reinforced by social media, internationality, and eCommerce, which have a lasting effect on buying behavior when it comes to beauty products. Trends from all over the world are spreading and changing the daily beauty and care routine.