The outlook for the Sri Lanka beauty and personal care products market indicates a modest growth of USD 115.8 million, with an expected compound annual growth rate (CAGR) of approximately 4.7% over the next five years. Sri Lanka’s beauty and personal care market is seeing gradual growth, driven by increasing urbanization and rising incomes. Consumers are becoming more interested in skincare products, particularly those targeting hydration and sun protection, in response to the tropical climate. Additionally, the influence of global beauty trends and the rise of social media have expanded the market for cosmetics and hair care products, while demand for affordable yet effective beauty solutions continues to rise.
This report presents a detailed overview of the Sri Lanka beauty and personal care products industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, price range, consumer group and distribution channel. This detailed analysis supports the identification of growth opportunities within the beauty and personal care products industry.
Market Segmentation
The Sri Lanka beauty and personal care products market is structured as follows:
Product type: bath products, color cosmetics, deodorants, depilatory products, perfumes and fragrances, hair care products, men’s grooming products, oral care, skin care products, sun care products
Price range: mass, premium
Consumer group: baby/child, adult
Distribution channel: supermarkets and hypermarkets, grocery stores, department stores, beauty and personal care stores, pharmacies, e-commerce, others
The beauty and personal care products market in Sri Lanka is segmented across product type, price range, consumer group and distribution channel. By product type, the market includes bath products, color cosmetics, deodorants, depilatory products, perfumes and fragrances, hair care products, men’s grooming products, oral care, skin care products, and sun care products. Price range categories include mass, and premium. Consumer group segments consist of baby/child, and adult. Distribution channel segmentation includes supermarkets and hypermarkets, grocery stores, department stores, beauty and personal care stores, pharmacies, e-commerce, and others.
Competitive Landscape
The Sri Lanka beauty and personal care products market exhibits significant competition. Leading companies within the market include Unilever PLC, Hemas Holdings PLC, Societe BIC S.A., Nature’s Beauty Creations Ltd, The Swadeshi Industrial Works PLC, Janet Ayurvedics (Pvt) Ltd, The Procter & Gamble Company (P&G), L’Oreal S.A., Hettigoda Industries (Pvt) Ltd, Kenvue Inc., Oriflame Cosmetics S.A., Colgate-Palmolive Company, Vivalis Limited and Revlon Inc.
The report provides a detailed assessment of prominent companies within the beauty and personal care products market, tracking their performance from 2019 to 2023. Insights reveal fluctuations in market share, highlighting both veteran leaders and emerging players.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Sri Lanka beauty and personal care products market.
Gain in-depth analysis and forecasts for the key segments of the Sri Lanka beauty and personal care products market: product type, price range, consumer group and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Sri Lanka beauty and personal care products market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Sri Lanka beauty and personal care products market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Sri Lanka Beauty and Personal Care Products Market – Product Type Analysis
Sri Lanka Beauty and Personal Care Products Market – Price Range Analysis
Sri Lanka Beauty and Personal Care Products Market – Consumer Group Analysis
Sri Lanka Beauty and Personal Care Products Market – Distribution Channel Analysis
Key Players and Market Share
– Unilever PLC
– Hemas Holdings PLC
– Societe BIC S.A.
– Nature’s Beauty Creations Ltd
– The Swadeshi Industrial Works PLC
– Janet Ayurvedics (Pvt) Ltd
– The Procter & Gamble Company (P&G)
– L’Oreal S.A.
– Hettigoda Industries (Pvt) Ltd
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Sri Lanka Beauty and Personal Care Products Market 2019-2029
Chart Sri Lanka Beauty and Personal Care Products Market, Net Growth, 2019-2029
Chart Sri Lanka Beauty and Personal Care Products Market, Growth Rates, 2019-2029
Table Sri Lanka Beauty and Personal Care Products Market by Product Type, 2019-2029
Chart Sri Lanka Beauty and Personal Care Products Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Beauty and Personal Care Products Market by Product Type, 2019-2029
Table Sri Lanka Beauty and Personal Care Products Market by Price Range, 2019-2029
Chart Sri Lanka Beauty and Personal Care Products Market by Price Range, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Beauty and Personal Care Products Market by Price Range, 2019-2029
Table Sri Lanka Beauty and Personal Care Products Market by Consumer Group, 2019-2029
Chart Sri Lanka Beauty and Personal Care Products Market by Consumer Group, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Beauty and Personal Care Products Market by Consumer Group, 2019-2029
Table Sri Lanka Beauty and Personal Care Products Market by Distribution Channel, 2019-2029
Chart Sri Lanka Beauty and Personal Care Products Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Sri Lanka Beauty and Personal Care Products Market by Distribution Channel, 2019-2029
Table Sri Lanka Beauty and Personal Care Products Market Share (%), by Companies, 2019-2023
Chart Sri Lanka Beauty and Personal Care Products Market, by Companies, 2023
Table Sri Lanka Beauty and Personal Care Products Market Share (%), by Brands, 2019-2023
Chart Sri Lanka Beauty and Personal Care Products Market, by Brands, 2023
Table Sri Lanka – Population (Millions) and Forecast
Table Sri Lanka – Consumer Price Index (CPI) and Forecast
Table Sri Lanka – Gross Domestic Product and Forecast
Table Sri Lanka Beauty and Personal Care Products Market: Spend as a Proportion of GDP (%)
Table Sri Lanka Beauty and Personal Care Products Market: Consumption per Capita (Population)
Companies Mentioned
Unilever PLC
Hemas Holdings PLC
Societe BIC S.A.
Nature’s Beauty Creations Ltd
The Swadeshi Industrial Works PLC
Janet Ayurvedics (Pvt) Ltd
The Procter & Gamble Company (P&G)
L’Oreal S.A.
Hettigoda Industries (Pvt) Ltd
Kenvue Inc.
Oriflame Cosmetics S.A.
Colgate-Palmolive Company
Vivalis Limited
Revlon, Inc.