Nina Jobst
Research expert covering South Korea
M&A in the beauty & personal care sector - statistics & facts
From innumerable trends to increasingly growing revenues, the beauty and personal care industry has been thriving in the last few years. With global revenues reaching nearly 650 billion U.S. dollars in 2024, this market is one of the most profitable, and forecasts predict its growth will not reach an end anytime soon. Like many others, this highly competitive sector has also seen a surge in mergers and acquisitions in the past years. Portfolio expansions through more or less niche brands, the demand for sustainability and innovations, as well as new markets to tap into are some of the driving forces behind the beauty industry’s mergers and acquisitions (M&A) activity.
