Next-Generation Personalized or customized beauty products are emerging technologies that form as an alternative to conventional “one size fits all” products. Companies involved in the manufacturing of personalized beauty products utilize genetic information and behavior of a person to design customized beauty products for consumer. Next-Generation Personalized Beauty include various tailored products such as Skincare , Haircare , Make-up , Fragrances, and Others . The Global Next-Generation Personalized Beauty market size is expected to reach US$ 72.55 billion by 2028, growing at a CAGR of 7.5% over the forecast period of 2020-2028. By region Europe dominates the global market with share of 38.96% in 2019 of global Next-Generation Personalized Beauty market. Germany and France are the key markets holding majority of market for Next-Generation Personalized Beauty in the region.

Growing trend in the beauty industry is primarily driving the market growth. Rising awareness about personalized beauty products along with growing shift towards customized products based on unique beauty requirements is also expected to fuel the market growth. The increasing consumer expenditure and rising technological innovation in product manufacturing is further projected to drive the market growth. In recent years, Rapid Development in genomic sciences to study genetics and characteristics of an individual have facilitate customized beauty product is expected to show significant market opportunities in upcoming years.

The Global Next-Generation Personalized Beauty market is segmented on the basis of product, application, and region. Based on the products, the market is divided into Skincare, Haircare, Make-up, Fragrances, and Others. On the basis of application type, the market is segmented into Consultation/digital questionnaires, Apps and specialized hardware, Home test kits, and Others. Based on region, the market is studied across North America, Asia-Pacific, Europe, and LAMEA. Among that Europe held the largest share of the market, followed by America and Asia Pacific. On the other hand, North America is expected to dominate the market during the analysis of forecast period.

The Key players of this market include IOMA Paris , BITE Beauty, Curology, Coty Inc., Estée Lauder Inc., insitU Cosmetics Ltd., FitSkin Inc., Ulta Beauty, Inc., Krigler, Kiehl’s Apothecary Preparations, SkinCeuticals Custom D.O.S.E., Function of Beauty, The Buff, DermaCare, Skin Inc., eSalon, Romy Paris, CODAGE, Duolab, Prose, Nomige, Atolla, Ave & Edam, Preemadonna Inc., Laboté, Orig3n, SKINSHIFT, Skin Authority, NU SKIN, Sephora , SKINTELLI, AN EPIGENCARE BRAND , Proven Skincare , SkinAI LLC (Our Skin) , and Other Prominent Players