The Italy beauty & personal care market size reached US$ 11.64 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 13.23 Billion by 2032, exhibiting a growth rate (CAGR) of 1.39% during 2024-2032. The market is significantly driven by the demand for natural and organic products, a growing interest in men's grooming, and the rapid adoption of e-commerce and digital innovations enhancing consumer engagement and purchasing experiences.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Size in 2023 | US$ 11.64 Billion |
Market Forecast in 2032 | US$ 13.23 Billion |
Market Growth Rate (2024-2032) | 1.39% |
Rise of Natural and Organic Products
The Italian beauty and personal care market has seen a significant shift toward natural and organic products. According to Cosmeticaitalia, 42% of cosmetics are produced with a natural, sustainable connotation placed on the market in Italy in 2021. Moreover, as per the World Economic Forum, across the generational divide, consumers are prepared to spend more on sustainable products now than two years ago, comparisons with data from an earlier survey show. Consumers are increasingly conscious of the ingredients in their beauty products, favoring those that are free from harmful chemicals, synthetic fragrances, and artificial colors. This trend is driven by growing awareness of health and environmental issues, with consumers seeking products that are effective, sustainable, and ethical. Brands are responding by reformulating their products to include natural ingredients and obtaining certifications from reputable organic and eco-friendly organizations.
Growth of Men’s Grooming Products
The men’s grooming segment in Italy is experiencing robust growth, reflecting changing attitudes toward male beauty and personal care. Across seven core markets – France, Germany, Italy, the UK, and US – GWI’s report showed the number of men interested in beauty and cosmetic products had risen 3% between 2018 and Q2 2021 versus a 5% decline in interest amongst female consumers. Traditionally, grooming products for men were limited to necessities like shaving creams and deodorants. However, modern Italian men are increasingly investing in a broader range of personal care products, including skincare, haircare, and fragrances. This shift is partly influenced by the rise of social media and the growing visibility of male grooming trends and influencers. Brands are capitalizing on this opportunity by launching product lines specifically tailored to men, featuring packaging and marketing that appeal to male consumers. Additionally, there is a growing interest in premium and luxury grooming products among men, driven by a desire for self-care and an improved personal image.
Digital Transformation and E-commerce
Digital transformation is profoundly impacting the beauty and personal care market in Italy, with e-commerce playing a pivotal role. The coronavirus (COVID-19) pandemic accelerated the shift toward online shopping, as consumers sought convenient and safe ways to purchase their favorite beauty products. As per Mintel Limited Group, the online grocery retailing market in Italy experienced dramatic growth in 2020 due to the coronavirus (COVID-19) pandemic. Demand quickly overwhelmed the leading grocers’ online operations, leading consumers to turn to alternative providers, including online-only grocers, online-only generalists, such as Amazon, and express delivery service providers. E-commerce platforms and direct-to-consumer (DTC) brands have gained significant traction, offering a wide range of products, personalized recommendations, and seamless shopping experiences. Social media platforms, particularly Instagram and TikTok, have become influential channels for beauty marketing, allowing brands to engage with consumers through interactive and visually appealing content. Influencers and beauty bloggers are crucial in stimulating consumer preferences and driving online sales. Additionally, advancements in technology such as augmented reality (AR) and artificial intelligence (AI) are enhancing the online shopping experience.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on type, product, pricing, distribution channel, and end user.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes conventional and organic.
Product Insights:
A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes skin care, hair care, color cosmetics, fragrances, and others.
Pricing Insights:
The report has provided a detailed breakup and analysis of the market based on the pricing. This includes mass products and premium products.
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes supermarkets and hypermarkets, specialty stores, e-commerce, and others.
End User Insights:
The report has provided a detailed breakup and analysis of the market based on the end user. This includes male and female.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northwest, Northeast, Central, South and Others.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Types Covered | Conventional, Organic |
Products Covered | Skin Care, Hair Care, Color Cosmetics, Fragrances, Others |
Pricings Covered | Mass Products, Premium Products |
Distribution Channels Covered | Supermarkets And Hypermarkets, Specialty Stores, E-Commerce, Others |
End Users Covered | Male, Female |
Regions Covered | Northwest, Northeast, Central, South, Others |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |