Skincare Products Market to grow by USD 42.41 Billion, accelerating at a CAGR of 5.6% from 2022 to 2027; Amorepacific Corp., Amway Corp. & Bare Necessities Zero Waste Solutions Pvt. Ltd to emerge as key players- Technavio

NEW YORK, Aug. 17, 2023 /PRNewswire/ — The skincare products market is estimated to grow at a CAGR of 5.6% between 2022 and 2027. The market size is forecast to increase by USD 42.41 billion, according to Technavio. APAC is estimated to contribute 49% to the growth of the global market during the forecast period. In this region, social media campaigns and celebrity endorsements for skin care products, particularly natural ones, have grown in prominence. Celebrities actively promote these products through promotional videos and ads on platforms like YouTube, Instagram, and Facebook. Such strategies have a significant impact on consumer buying behavior, particularly among millennials. Key e-commerce players in the region include eBay Inc., Amazon.com Inc., Flipkart Pvt Ltd., and Alibaba Group Holding Ltd. Hence, these factors are expected to drive market growth in the region during the forecast period. For Comprehensive details on the market size of the historical period(2017 to 2021) and forecast period (2023-2027) – View the Sample report

Company Landscape
The skincare products market is fragmented; the companies are competing with competitors and are trying to get a greater market share. The market is growing, and the chances of new entrants cannot be overlooked. The major companies have well-established economies of scale and market presence and generally rely on positioning technological advances, and the price of the products –The report provides a full list of key companies, their strategies, and the latest developments. Buy Now

Market Dynamics

Key Driver

The growing adoption of home salons and spa services is a key factor driving market growth. Numerous home salons and spa service providers operate in the market. An example is Housejoy, which offers a variety of home and personal salon services in India, including make-up and spa services. They also provide different care and luxury packages, like the Monthly Essential Package and Summer Skin Package, encouraging customers to use more skin care products such as herbal body lotions and face creams. Hence, these factors are expected to drive market growth during the forecast period.

Major Trends

The growing demand for cannabidiol (CBD) skincare products is the major trend in the market. Cannabidiol (CBD) is a non-addictive compound found in hemp or marijuana. Its numerous skin benefits have made it a sought-after ingredient in various skincare products like oils, creams, lotions, balms, and serums. Growing awareness among consumers worldwide about CBD’s skincare advantages is driving its rising demand. CBD’s soothing and skin-normalizing properties make it particularly suitable for sensitive skin, effectively addressing issues like rashes and other sensitivities. Therefore, these factors are expected to drive market growth during the forecast period.

Significant Challenges

The availability of counterfeit skincare products is a significant challenge restricting market growth. The rise of counterfeit beauty and personal care products poses potential risks to consumer health. With the rise of e-commerce, counterfeit goods have become prevalent all over the world, making it difficult for consumers to identify genuine products. The presence of counterfeit products adversely affects the sales and pricing strategies of major players in the skincare market. Therefore, these factors are expected to restrict market growth during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help clients improve their strategies to stay ahead of their competitors. – View Sample Report

Company Profiles

The skincare products market report includes information on the product launches, sustainability, and prospects of leading companies including Amorepacific Corp., Amway Corp., Bare Necessities Zero Waste Solutions Pvt. Ltd, Beiersdorf AG, Botanic Organic Products LLC, Colgate Palmolive Co., Coty Inc., Emami Ltd., Himalaya Global Holdings Ltd., Johnson and Johnson Services Inc., Kao Corp., LOreal SA, Natura and Co Holding SA, Patanjali Ayurved Ltd., Procter and Gamble, Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Companies Inc., Unilever PLC, and VLCC Health Care Ltd.

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

 Market Segmentation

The market is segmented by distribution channel (offline and online), product (face skincare products and body skincare products), product specification (moisturizers, anti-aging skincare products, skin brightening products, sun protection products, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

• The market share growth in the offline segment will be significant during the forecast period. Specialty stores, hypermarkets, supermarkets, convenience stores, and drug stores are key offline channels with significant contributions to the skincare market. Among them, specialty stores generate the highest revenue globally. The rising popularity of beauty and personal care specialty stores is a driving factor for this segment’s growth. Manufacturers heavily rely on these retailers to allocate budgets for marketing, advertising, and promotions, enhancing product and brand awareness among consumers. Thus, these factors are expected to drive segment growth during the forecast period.

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Related Reports

The organic skincare products market is estimated to grow at a CAGR of 7.98% between 2022 and 2027. The market size is forecasted to increase by USD 2,444.13 million. Furthermore, this report extensively covers market segmentation by distribution channel (offline and online), product (facial care, body care, and others), and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The benefits of organic skincare products is a key factor driving the growth of the market.

The men’s skincare products market is expected to increase by USD 5,524.27 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 6.67%. Furthermore, this report extensively covers men’s skincare products market segmentation by distribution channel (offline and online), product (face skin care products and body skincare products), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The innovation and portfolio extension leading to product premiumization is a key factor driving the growth of the market.

Table of Contents

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Market Segmentation by Product Specification
• Exhibit 08: Executive Summary – Chart on Incremental Growth
• Exhibit 09: Executive Summary – Data Table on Incremental Growth
• Exhibit 10: Executive Summary – Chart on Company Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 11: Parent market
• Exhibit 12: Market Characteristics

3 Market Sizing

• 3.1 Market Definition
• Exhibit 13: Offerings of companies included in the market definition

• 3.2 Market segment analysis 
• Exhibit 14: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 15: Chart on Global – Market size and forecast 2022-2027 (USD billion)
• Exhibit 16: Data Table on Global – Market size and forecast 2022-2027 (USD billion)
• Exhibit 17: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 18: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global skincare products market 2017 – 2021 
• Exhibit 19: Historic Market Size – Data Table on global skincare products market 2017 – 2021 (USD billion)

• 4.2 Distribution Channel Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 – 2021 (USD billion)

• 4.3 Product Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Product Segment 2017 – 2021 (USD billion)

• 4.4 Product Specification Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Product Specification Segment 2017 – 2021 (USD billion)

• 4.5 Geography Segment Analysis 2017 – 2021 
• Exhibit 23: Historic Market Size – Geography Segment 2017 – 2021 (USD billion)

• 4.6 Country Segment Analysis 2017 – 2021 
• Exhibit 24: Historic Market Size – Country Segment 2017 – 2021 (USD billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 25: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 26: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 27: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 28: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 29: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 30: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 31: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

• 6.1 Market segments
• Exhibit 32: Chart on Distribution Channel – Market share 2022-2027 (%)
• Exhibit 33: Data Table on Distribution Channel – Market share 2022-2027 (%)

• 6.2 Comparison by Distribution Channel 
• Exhibit 34: Chart on Comparison by Distribution Channel
• Exhibit 35: Data Table on Comparison by Distribution Channel

• 6.3 Offline – Market size and forecast 2022-2027 
• Exhibit 36: Chart on Offline – Market size and forecast 2022-2027 (USD billion)
• Exhibit 37: Data Table on Offline – Market size and forecast 2022-2027 (USD billion)
• Exhibit 38: Chart on Offline – Year-over-year growth 2022-2027 (%)
• Exhibit 39: Data Table on Offline – Year-over-year growth 2022-2027 (%)

• 6.4 Online – Market size and forecast 2022-2027 
• Exhibit 40: Chart on Online – Market size and forecast 2022-2027 (USD billion)
• Exhibit 41: Data Table on Online – Market size and forecast 2022-2027 (USD billion)
• Exhibit 42: Chart on Online – Year-over-year growth 2022-2027 (%)
• Exhibit 43: Data Table on Online – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Distribution Channel 
• Exhibit 44: Market opportunity by Distribution Channel (USD billion)
• Exhibit 45: Data Table on Market opportunity by Distribution Channel (USD billion)

7 Market Segmentation by Product

• 7.1 Market segments
• Exhibit 46: Chart on Product – Market share 2022-2027 (%)
• Exhibit 47: Data Table on Product – Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 48: Chart on Comparison by Product
• Exhibit 49: Data Table on Comparison by Product

• 7.3 Face skincare products – Market size and forecast 2022-2027 
• Exhibit 50: Chart on Face skincare products – Market size and forecast 2022-2027 (USD billion)
• Exhibit 51: Data Table on Face skincare products – Market size and forecast 2022-2027 (USD billion)
• Exhibit 52: Chart on Face skincare products – Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Face skincare products – Year-over-year growth 2022-2027 (%)

• 7.4 Body skincare products – Market size and forecast 2022-2027 
• Exhibit 54: Chart on Body skincare products – Market size and forecast 2022-2027 (USD billion)
• Exhibit 55: Data Table on Body skincare products – Market size and forecast 2022-2027 (USD billion)
• Exhibit 56: Chart on Body skincare products – Year-over-year growth 2022-2027 (%)
• Exhibit 57: Data Table on Body skincare products – Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Product 
• Exhibit 58: Market opportunity by Product (USD billion)
• Exhibit 59: Data Table on Market opportunity by Product (USD billion)

8 Market Segmentation by Product Specification

• 8.1 Market segments
• Exhibit 60: Chart on Product Specification – Market share 2022-2027 (%)
• Exhibit 61: Data Table on Product Specification – Market share 2022-2027 (%)

• 8.2 Comparison by Product Specification 
• Exhibit 62: Chart on Comparison by Product Specification
• Exhibit 63: Data Table on Comparison by Product Specification

• 8.3 Moisturizers – Market size and forecast 2022-2027 
• Exhibit 64: Chart on Moisturizers – Market size and forecast 2022-2027 (USD billion)
• Exhibit 65: Data Table on Moisturizers – Market size and forecast 2022-2027 (USD billion)
• Exhibit 66: Chart on Moisturizers – Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Moisturizers – Year-over-year growth 2022-2027 (%)

• 8.4 Anti-aging skincare products – Market size and forecast 2022-2027 
• Exhibit 68: Chart on Anti-aging skincare products – Market size and forecast 2022-2027 (USD billion)
• Exhibit 69: Data Table on Anti-aging skincare products – Market size and forecast 2022-2027 (USD billion)
• Exhibit 70: Chart on Anti-aging skincare products – Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Anti-aging skincare products – Year-over-year growth 2022-2027 (%)

• 8.5 Skin brightening products – Market size and forecast 2022-2027 
• Exhibit 72: Chart on Skin brightening products – Market size and forecast 2022-2027 (USD billion)
• Exhibit 73: Data Table on Skin brightening products – Market size and forecast 2022-2027 (USD billion)
• Exhibit 74: Chart on Skin brightening products – Year-over-year growth 2022-2027 (%)
• Exhibit 75: Data Table on Skin brightening products – Year-over-year growth 2022-2027 (%)

• 8.6 Sun protection products – Market size and forecast 2022-2027 
• Exhibit 76: Chart on Sun protection products – Market size and forecast 2022-2027 (USD billion)
• Exhibit 77: Data Table on Sun protection products – Market size and forecast 2022-2027 (USD billion)
• Exhibit 78: Chart on Sun protection products – Year-over-year growth 2022-2027 (%)
• Exhibit 79: Data Table on Sun protection products – Year-over-year growth 2022-2027 (%)

• 8.7 Others – Market size and forecast 2022-2027 
• Exhibit 80: Chart on Others – Market size and forecast 2022-2027 (USD billion)
• Exhibit 81: Data Table on Others – Market size and forecast 2022-2027 (USD billion)
• Exhibit 82: Chart on Others – Year-over-year growth 2022-2027 (%)
• Exhibit 83: Data Table on Others – Year-over-year growth 2022-2027 (%)

• 8.8 Market opportunity by Product Specification 
• Exhibit 84: Market opportunity by Product Specification (USD billion)
• Exhibit 85: Data Table on Market opportunity by Product Specification (USD billion)

9 Customer Landscape

• 9.1 Customer landscape overview 
• Exhibit 86: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Geographic Landscape

• 10.1 Geographic segmentation 
• Exhibit 87: Chart on Market share by geography 2022-2027 (%)
• Exhibit 88: Data Table on Market share by geography 2022-2027 (%)

• 10.2 Geographic comparison 
• Exhibit 89: Chart on Geographic comparison
• Exhibit 90: Data Table on Geographic comparison

• 10.3 APAC – Market size and forecast 2022-2027 
• Exhibit 91: Chart on APAC – Market size and forecast 2022-2027 (USD billion)
• Exhibit 92: Data Table on APAC – Market size and forecast 2022-2027 (USD billion)
• Exhibit 93: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 10.4 North America – Market size and forecast 2022-2027 
• Exhibit 95: Chart on North America – Market size and forecast 2022-2027 (USD billion)
• Exhibit 96: Data Table on North America – Market size and forecast 2022-2027 (USD billion)
• Exhibit 97: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 10.5 Europe – Market size and forecast 2022-2027 
• Exhibit 99: Chart on Europe – Market size and forecast 2022-2027 (USD billion)
• Exhibit 100: Data Table on Europe – Market size and forecast 2022-2027 (USD billion)
• Exhibit 101: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 10.6 South America – Market size and forecast 2022-2027 
• Exhibit 103: Chart on South America – Market size and forecast 2022-2027 (USD billion)
• Exhibit 104: Data Table on South America – Market size and forecast 2022-2027 (USD billion)
• Exhibit 105: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 10.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 107: Chart on Middle East and Africa – Market size and forecast 2022-2027 (USD billion)
• Exhibit 108: Data Table on Middle East and Africa – Market size and forecast 2022-2027 (USD billion)
• Exhibit 109: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 10.8 US – Market size and forecast 2022-2027 
• Exhibit 111: Chart on US – Market size and forecast 2022-2027 (USD billion)
• Exhibit 112: Data Table on US – Market size and forecast 2022-2027 (USD billion)
• Exhibit 113: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on US – Year-over-year growth 2022-2027 (%)

• 10.9 China – Market size and forecast 2022-2027 
• Exhibit 115: Chart on China – Market size and forecast 2022-2027 (USD billion)
• Exhibit 116: Data Table on China – Market size and forecast 2022-2027 (USD billion)
• Exhibit 117: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 118: Data Table on China – Year-over-year growth 2022-2027 (%)

• 10.10 Japan – Market size and forecast 2022-2027 
• Exhibit 119: Chart on Japan – Market size and forecast 2022-2027 (USD billion)
• Exhibit 120: Data Table on Japan – Market size and forecast 2022-2027 (USD billion)
• Exhibit 121: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 122: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 10.11 Germany – Market size and forecast 2022-2027 
• Exhibit 123: Chart on Germany – Market size and forecast 2022-2027 (USD billion)
• Exhibit 124: Data Table on Germany – Market size and forecast 2022-2027 (USD billion)
• Exhibit 125: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 126: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 10.12 France – Market size and forecast 2022-2027 
• Exhibit 127: Chart on France – Market size and forecast 2022-2027 (USD billion)
• Exhibit 128: Data Table on France – Market size and forecast 2022-2027 (USD billion)
• Exhibit 129: Chart on France – Year-over-year growth 2022-2027 (%)
• Exhibit 130: Data Table on France – Year-over-year growth 2022-2027 (%)

• 10.13 Market opportunity by geography 
• Exhibit 131: Market opportunity by geography (USD billion)
• Exhibit 132: Data Tables on Market opportunity by geography (USD billion)

11 Drivers, Challenges, and Trends

• 11.1 Market drivers

• 11.2 Market challenges

• 11.3 Impact of drivers and challenges 
• Exhibit 133: Impact of drivers and challenges in 2022 and 2027

• 11.4 Market trends

12 Company Landscape

• 12.1 Overview

• 12.2 Company landscape
• Exhibit 134: Overview on Criticality of inputs and Factors of differentiation

• 12.3 Landscape disruption
• Exhibit 135: Overview on factors of disruption

• 12.4 Industry risks
• Exhibit 136: Impact of key risks on business

13 Company Analysis

• 13.1 Companies covered
• Exhibit 137: Companies covered

• 13.2 Market positioning of companies 
• Exhibit 138: Matrix on company position and classification

• 13.3 Amorepacific Corp.
• Exhibit 139: Amorepacific Corp. – Overview
• Exhibit 140: Amorepacific Corp. – Business segments
• Exhibit 141: Amorepacific Corp. – Key offerings
• Exhibit 142: Amorepacific Corp. – Segment focus

• 13.4 Beiersdorf AG
• Exhibit 143: Beiersdorf AG – Overview
• Exhibit 144: Beiersdorf AG – Business segments
• Exhibit 145: Beiersdorf AG – Key news
• Exhibit 146: Beiersdorf AG – Key offerings
• Exhibit 147: Beiersdorf AG – Segment focus

• 13.5 Colgate Palmolive Co. 
• Exhibit 148: Colgate Palmolive Co. – Overview
• Exhibit 149: Colgate Palmolive Co. – Business segments
• Exhibit 150: Colgate Palmolive Co. – Key offerings
• Exhibit 151: Colgate Palmolive Co. – Segment focus

• 13.6 Coty Inc.
• Exhibit 152: Coty Inc. – Overview
• Exhibit 153: Coty Inc. – Business segments
• Exhibit 154: Coty Inc. – Key offerings
• Exhibit 155: Coty Inc. – Segment focus

• 13.7 Himalaya Global Holdings Ltd. 
• Exhibit 156: Himalaya Global Holdings Ltd. – Overview
• Exhibit 157: Himalaya Global Holdings Ltd. – Product / Service
• Exhibit 158: Himalaya Global Holdings Ltd. – Key offerings

• 13.8 Johnson and Johnson Services Inc. 
• Exhibit 159: Johnson and Johnson Services Inc. – Overview
• Exhibit 160: Johnson and Johnson Services Inc. – Business segments
• Exhibit 161: Johnson and Johnson Services Inc. – Key news
• Exhibit 162: Johnson and Johnson Services Inc. – Key offerings
• Exhibit 163: Johnson and Johnson Services Inc. – Segment focus

• 13.9 Kao Corp.
• Exhibit 164: Kao Corp. – Overview
• Exhibit 165: Kao Corp. – Business segments
• Exhibit 166: Kao Corp. – Key offerings
• Exhibit 167: Kao Corp. – Segment focus

• 13.10 LOreal SA
• Exhibit 168: LOreal SA – Overview
• Exhibit 169: LOreal SA – Business segments
• Exhibit 170: LOreal SA – Key news
• Exhibit 171: LOreal SA – Key offerings
• Exhibit 172: LOreal SA – Segment focus

• 13.11 Natura and Co Holding SA
• Exhibit 173: Natura and Co Holding SA – Overview
• Exhibit 174: Natura and Co Holding SA – Business segments
• Exhibit 175: Natura and Co Holding SA – Key offerings
• Exhibit 176: Natura and Co Holding SA – Segment focus

• 13.12 Patanjali Ayurved Ltd. 
• Exhibit 177: Patanjali Ayurved Ltd. – Overview
• Exhibit 178: Patanjali Ayurved Ltd. – Product / Service
• Exhibit 179: Patanjali Ayurved Ltd. – Key offerings

• 13.13 Procter and Gamble
• Exhibit 180: Procter and Gamble – Overview
• Exhibit 181: Procter and Gamble – Business segments
• Exhibit 182: Procter and Gamble – Key offerings
• Exhibit 183: Procter and Gamble – Segment focus

• 13.14 Revlon Inc.
• Exhibit 184: Revlon Inc. – Overview
• Exhibit 185: Revlon Inc. – Business segments
• Exhibit 186: Revlon Inc. – Key offerings
• Exhibit 187: Revlon Inc. – Segment focus

• 13.15 Shiseido Co. Ltd.
• Exhibit 188: Shiseido Co. Ltd. – Overview
• Exhibit 189: Shiseido Co. Ltd. – Business segments
• Exhibit 190: Shiseido Co. Ltd. – Key offerings
• Exhibit 191: Shiseido Co. Ltd. – Segment focus

• 13.16 The Estee Lauder Companies Inc. 
• Exhibit 192: The Estee Lauder Companies Inc. – Overview
• Exhibit 193: The Estee Lauder Companies Inc. – Product / Service
• Exhibit 194: The Estee Lauder Companies Inc. – Key offerings

• 13.17 Unilever PLC
• Exhibit 195: Unilever PLC – Overview
• Exhibit 196: Unilever PLC – Business segments
• Exhibit 197: Unilever PLC – Key news
• Exhibit 198: Unilever PLC – Key offerings
• Exhibit 199: Unilever PLC – Segment focus

14 Appendix

• 14.1 Scope of the report

• 14.2 Inclusions and exclusions checklist 
• Exhibit 200: Inclusions checklist
• Exhibit 201: Exclusions checklist

• 14.3 Currency conversion rates for USUSD 
• Exhibit 202: Currency conversion rates for USUSD

• 14.4 Research methodology
• Exhibit 203: Research methodology
• Exhibit 204: Validation techniques employed for market sizing
• Exhibit 205: Information sources

• 14.5 List of abbreviations
• Exhibit 206: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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