Global Travel Size Toiletries Market Size By Type (Deodorants Hair, Care Products), By Application (Men, Women), By Geographic Scope And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Travel Size Toiletries Market Size By Type (Deodorants Hair, Care Products), By Application (Men, Women), By Geographic Scope And Forecast
Travel Size Toiletries Market Size and Forecast
Travel Size Toiletries Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e., from 2023 to 2030.
As more people travel for both business and leisure, the demand for travel size toiletries has increased. Travel size toiletries are convenient and easy to carry, making them a popular choice for travelers. Consumers are increasingly looking for products that are convenient, easy to use, and environmentally friendly. Travel size toiletries meet these requirements, as they are compact, lightweight, and often made from sustainable materials. The rise of e-commerce has made it easier for consumers to purchase travel size toiletries online, with many retailers offering a wide range of options at competitive prices. This has contributed to the growth of the travel size toiletries market.
Global Travel Size Toiletries Market Definition
Travel size toiletries refer to small-sized personal care products that are designed to be carried while traveling. These products are typically packaged in small containers or sachets and are designed to be compact, lightweight, and convenient to use. Travel size toiletries include a wide range of personal care products, such as shampoo, conditioner, body wash, lotion, hand sanitizer, sunscreen, toothpaste, and deodorant, among others. They are available in various sizes, ranging from small sachets to mini bottles or tubes.
Travel size toiletries are popular among travelers as they allow them to bring their favorite personal care products without having to carry large, bulky containers. They are also convenient for short trips or weekend getaways, where travelers may not need to carry a large amount of personal care products. Travel size toiletries are widely available in many retail stores, pharmacies, and online retailers. They are often sold in kits or as individual products, and are typically priced lower than their full-sized counterparts, making them an affordable option for consumers.
Global Travel Size Toiletries Market Overview
As disposable incomes rise, more people are traveling for leisure and business. This has driven demand for travel size toiletries as people want to maintain their daily personal care routine while on the go. The COVID-19 pandemic has highlighted the importance of personal hygiene, especially while traveling. As a result, the demand for travel size toiletries such as hand sanitizers, disinfectant wipes, and face masks has increased.
Adventure travel, which involves exploring remote or exotic destinations, has become increasingly popular. Travel size toiletries are ideal for adventure travelers who need to pack light and may not have access to full-sized personal care products. Manufacturers of travel size toiletries have been promoting their products through targeted marketing campaigns and offering discounts and promotions to encourage sales. This has contributed to the growth of the market.
Moreover, Consumers are becoming more environmentally conscious and are looking for eco-friendly and sustainable products. This has led to the development of travel size toiletries made from biodegradable and recyclable materials, which are expected to drive demand in the future. The trend towards wellness and self-care is expected to continue to drive demand for travel size toiletries that offer relaxation and rejuvenation benefits. Manufacturers can develop products that promote self-care and wellness, such as aromatherapy-based toiletries, organic and natural products, and products with calming scents.
Global Travel Size Toiletries Market Segmentation Analysis
The Global Travel Size Toiletries Market is Segmented on the basis of Type, Application, and Geography.
Travel Size Toiletries Market, By Type
- Deodorants
- Hair Care Products
- Skin Care Products
- Shower Products
- Others
Based on type, the market is segmented into deodorants, hair care products, skin care products, shower products, and others. The Travel Size Toiletries market is a diverse and competitive market that encompasses a wide range of products. However, among the products mentioned, I would say that deodorants are likely leading the Travel Size Toiletries market. Deodorants are a staple item in personal care routines and are used by people of all ages and genders. They are also small and compact, making them ideal for travel and on-the-go use. Additionally, deodorants are often considered a necessity for many people, meaning they are more likely to purchase a travel-size version of their preferred brand.
Travel Size Toiletries Market, By Application
- Men
- Women
Based on application, the market is segmented into Men And Women. Both men and women are important consumers of Travel Size Toiletries, and it’s difficult to say which gender is leading the market. Both men and women travel frequently for business and leisure purposes and require personal care products on the go. However, certain product categories may be more popular among one gender than the other. For example, men may be more likely to purchase travel-size shaving cream and aftershave products, while women may be more likely to purchase travel-size makeup and skincare products. However, this does not necessarily mean that one gender is leading the market.
Travel Size Toiletries Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Based on geographical analysis, the global travel size toiletries market is classified into North America, Europe, Asia Pacific, Latin America, and MEA. North America and Europe are considered to be the largest markets for travel size toiletries. This is due to several factors, including the high level of consumer disposable income, the popularity of travel and tourism, and the presence of a large number of premium personal care brands.
Asia Pacific is also a significant market for travel size toiletries due to its large and growing population, increasing middle class, and rising disposable income levels. In addition, the travel and tourism industry in the region is expanding rapidly, which is driving demand for travel-sized personal care products. However, Latin America and the Middle East and Africa (MEA) are also important regions for the Travel Size Toiletries market, but they have a smaller market share compared to North America, Europe, and Asia Pacific. However, as the middle class in these regions grows, and travel and tourism increase, demand for Travel Size Toiletries is also expected to increase.
Key Players
The “Global Travel Size Toiletries Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Avon, Colgate-Palmolive, Unilever, Estee Lauder, L’Oreal, Johnson & Johnson, Procter & Gamble, Beiersdorf, Kao, Shiseido and others.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Key Developments
- In April 2021, Since Scotts & Co., a retail company, acquired The Garden Fragrance Company, a new sales channel for cosmetics, toiletries, and perfume companies has been established. The purchase will significantly increase The Garden Fragrance Company’s own mail order catalogue’s consumer base, providing cosmetics, toiletries, and perfume (CTP) suppliers with a chance to connect with at-home consumers. The transformation will also materialize in monthly personalised mailings to Scotts & Co.’s client database of more than five million consumers, which will include samplings of new fragrance and other CTP goods.
- In October 2022, Follain is acquired by Credo Beauty. As part of the deal, Credo will take over Follain’s online shop and Beacon Hill location, which will become the retailer’s second location in the Boston area. The Follain skin care line will be added to Credo’s collection of owned brands.
Ace Matrix Analysis
The ace matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global travel size toiletries market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the global travel size toiletries market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2019-2030 |
BASE YEAR | 2022 |
FORECAST PERIOD | 2023-2030 |
HISTORICAL PERIOD | 2019-2021 |
KEY COMPANIES PROFILED | Avon, Colgate-Palmolive, Unilever, Estee Lauder, L’Oreal, Johnson & Johnson, Procter & Gamble, Beiersdorf, Kao, Shiseido |
SEGMENTS COVERED | By Type, By Application, and By Geography |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of bo