Beauty and personal care in 2024: The big picture
Beauty and personal care product sales remained positive in Finland in 2024 although rose at a slower rate than was seen in the previous year, when inflation had stronger impact on pricing. A lot of the extra value in 2024 stemmed from Finns looking for higher quality products; at the same time, some immature categories boosted overall growth through rising volume sales. The industry's resilience amid economic uncertainties underscores its importance in local consumers' lives and reflects shifting consumer preferences towards self-care and wellness.
2024 key trends
Mass beauty and personal care products performed slightly better than their premium counterparts during the year as Finns remained affected by economic turbulence. 2024 also saw more new product development and new brands entering the mass category and helping to lift the sales. The upper price bands of mass products enjoyed several interesting launches, while added-value private label launches became more prevalent.
Competitive landscape
L’Oreal Finland’s continued lead stems from its strong presence across most of beauty and personal care. In addition, the player boasts a huge selection of brands in both the premium and mass categories. Hair care generates the most revenue for L’Oreal in Finland, with skin care and colour cosmetics also contributing substantially.
Retail developments
Grocery retailing led distribution in 2024, thanks to the high share of personal hygiene products sold through grocery retail outlets. Hypermarkets and supermarkets are home to a wide variety of such products, and Finns find it convenient to buy deodorants, hair care and bath and shower products from grocery stores. Mass brands lead these products, making them especially suitable for sales through grocery outlets.
What next for beauty and personal care?
The forecast period should see an improved performance in terms of value sales for beauty and personal care, thanks to Finns’ willingness to spend more on superior products and high-quality ingredients as well as easy-to-use convenient options. Premium sales will start to pick up towards the end of the review period, further supporting rising value sales.
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Overview:
Understand the latest market trends and future growth opportunities for the Beauty and Personal Care industry in Finland with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Baby and Child-Specific Products
- Bath and Shower
- Colour Cosmetics
- Deodorants
- Depilatories
- Fragrances
- Hair Care
- Men's Grooming
- Oral Care
- Skin Care
- Sun Care
- Premium Beauty and Personal Care
- Mass Beauty and Personal Care
If you're in the Beauty and Personal Care industry in Finland, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Beauty and Personal Care in Finland report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Beauty and Personal Care in Finland?
- Which are the leading brands in Finland?
- How are products distributed in Finland?
- To what extent is e-commerce changing the retail environment and consumer demand?
- How are sales of mass versus premium beauty products evolving?
- Which products are seeing rising demand in the wake of COVID-19?
- Why are changing lifestyles and consumer behaviour patterns stimulating growth of some categories but not others?
- How is the macroeconomic environment shaping demand?
- Where is future growth expected to be most dynamic?
Beauty and Personal Care in Finland
Beauty and personal care in 2024: The big picture
2024 key trends
Competitive landscape
Retail developments
What next for beauty and personal care?
DISCLAIMER
Baby and Child-Specific Products in Finland
KEY DATA FINDINGS
Falling birth rates mean stagnant sales in 2024
Kesko leads overall, while parents seek products for sensitive skin
Grocery retail holds highest distribution share, as demand rises for natural and organic options
Private label set to expand during forecast period
Shift to natural and organic offerings will support value sales
New ingredients and increased interest in sun protection
Bath and Shower in Finland
KEY DATA FINDINGS
Continued growth despite maturity for much of bath and shower
Unilever holds on to number one spot in 2024
Grocery retailers lose share but maintain channel leadership in bath and shower
Value sales set to see further rises throughout forecast period
Private label will continue to benefit
Focus on natural, organic and sustainable offerings
Colour Cosmetics in Finland
KEY DATA FINDINGS
Positive though slowed growth seen for colour cosmetics in 2024
L'Oreal leads while Topbrands Europe rises fastest
Beauty specialists benefits from broad selection
Steady growth forecast for colour cosmetics in Finland
Mass brands target younger consumers
Rising demand for lower-cost, multi-purpose products
Deodorants in Finland
KEY DATA FINDINGS
Value sales rise despite maturity in 2024
Unilever as overall leader, while natural and aluminium-free options gain ground
E-commerce leads growth, with niche players holding potential
Healthy growth anticipated for deodorants during forecast period
Key Flag Symbol to become more prevalent
Improved formulas and expanded fragrance line extensions
Depilatories in Finland
KEY DATA FINDINGS
Value sales on the rise for depilatories in Finland in 2024
Procter & Gamble leads, as demand rising for long-lasting results and sustainable offerings
Grocery retailers remain ahead, while private label expands further
Hair removers/bleach to lead growth in forecast period
Opportunities for growth in women’s pre-shave
Innovation to focus on nourishing ingredients, with private label expect to continue to expand
Fragrances in Finland
KEY DATA FINDINGS
Solid growth seen in fragrances in Finland in 2024
L’Oreal leads overall fragrances thanks to broad portfolio of well-known brands
Variety stores and hypermarkets record fastest rises among distribution channels
Body mists likely to record highest growth rates for forecast period
Limited-edition lines and new launches to boost value sales
Premium unisex fragrances to see continued growth, while innovation will focus on smaller sizes and natural trend
Hair Care in Finland
KEY DATA FINDINGS
Hair care enjoys heightened activity in 2024
L'Oreal maintains leadership while local player Taerosol sees fastest growth
Grocery retailers remain strong in hair care, as natural trend gains ground in conditioners and treatments
Growth set to continue for hair care in Finland
Sustainability and natural ingredients will remain key drivers
Increased investment in innovation driven by fiercely competitive landscape
Men's Grooming in Finland
KEY DATA FINDINGS
Sales rise for men’s grooming in 2024
Procter & Gamble leads, as interest in natural skin care rises
E-commerce records fastest growth
Brighter future forecast for premium men’s grooming
Optimistic outlook for mass men’s skin care
More specific targeting expected, and increased focus on sustainability
Oral Care in Finland
KEY DATA FINDINGS
Consumer interest in oral hygiene supports sales growth for oral care in 2024
Oral-B brand enjoys strong trust and loyalty
Grocery retailers lead distribution channels despite losing some share
Continued focus on oral hygiene guarantees future growth in oral care
Electric toothbrushes as key growth driver
Professional products to remain highly popular
Skin Care in Finland
KEY DATA FINDINGS
Skin care does well in Finland in 2024
L’Oreal leads, as consumers shift towards hydrating products
E-commerce as key channel for distribution of skin care products
Finns to remain keen to spend on skin care
Ingredients set to come under greater scrutiny
Multipurpose products and skinimalism trend
Sun Care in Finland
KEY DATA FINDINGS
Soaring sales for sun care in 2024
L'Oreal in the lead, with Bondi Sands gaining share
Grocery retailers benefit from consumer focus on convenience, while natural and dermocosmetics brands attract rising interest
Sun safety to support future growth
Premium products to fare well, with eco-friendly options on the rise
Safety and nourishment as key concerns, while social media will play growing role in product promotion
Premium Beauty and Personal Care in Finland
KEY DATA FINDINGS
Slowed growth seen in 2024
L’Oreal leads while NBI Nordic Beauty races on
Persistent demand for premium skin care and sun care
Further growth projected for premium beauty and personal care
Premium fragrances will enjoy robust rises, as domestic players expand
Increased investment in innovation necessary in light of intensified competition from mass players
Mass Beauty and Personal Care in Finland
KEY DATA FINDINGS
Mass products prove resilient against uncertain economic background
L’Oreal maintains overall leadership in 2024
Higher-priced mass brands remain popular
Mass fragrances set to benefit from rising interest in variety
Sun protection and skin care face bright future in Finland
Rising demand for top-quality ingredients
The following categories and subcategories are included:
Beauty and Personal Care
-
- Baby and Child-specific Hair Care
- Baby and Child-specific Skin Care
- Baby and Child-specific Sun Care
- Baby and Child-specific Toiletries
- Baby Wipes
- Medicated Baby and Child-specific Products
- Nappy (Diaper) Rash Treatments
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- Bar Soap
- Bath Additives
- Body Powder
- Body Wash/Shower Gel
- Hand Sanitisers
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- Intimate Washes
- Intimate Wipes
- Liquid Soap
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-
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- Premium Eye Liner/Pencil
- Mass Eye Liner/Pencil
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- Premium Eye Shadow
- Mass Eye Shadow
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- Premium Mascara
- Mass Mascara
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- Premium Other Lash and Brow Make-Up
- Mass Other Lash and Brow Make-Up
-
-
-
- Premium BB/CC Creams
- Mass BB/CC Creams
-
- Premium Blusher/Bronzer/Highlighter
- Mass Blusher/Bronzer/Highlighter
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- Premium Foundation/Concealer
- Mass Foundation/Concealer
-
- Premium Powder
- Mass Powder
-
- Premium Other Facial Make-Up
- Mass Other Facial Make-Up
-
-
-
- Premium Lip Gloss
- Mass Lip Gloss
-
- Premium Lip Liner/Pencil
- Mass Lip Liner/Pencil
-
- Premium Lipstick
- Mass Lipstick
-
- Premium Other Lip Products
- Mass Other Lip Products
-
-
-
- Premium Nail Polish
- Mass Nail Polish
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- Premium Nail Treatments/Strengthener
- Mass Nail Treatments/Strengthener
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- Premium Polish Remover
- Mass Polish Remover
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- Premium Other Nail Products
- Mass Other Nail Products
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-
- Premium Colour Cosmetics Sets/Kits
- Mass Colour Cosmetics Sets/Kits
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-
- Deodorant Creams
- Deodorant Pumps
- Deodorant Roll-Ons
- Deodorant Sprays
- Deodorant Sticks
- Deodorant Wipes
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- Hair Removers/Bleaches
- Women's Pre-Shave
- Women's Razors and Blades
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-
- Premium Body Mists
- Premium Men's Fragrances
- Premium Women's Fragrances
- Premium Unisex Fragrances
- Premium Fragrance Sets/Kits
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- Mass Body Mists
- Mass Men's Fragrances
- Mass Women's Fragrances
- Mass Unisex Fragrances
- Mass Fragrance Sets/Kits
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- 2-in-1 Products
- Colourants
- Conditioners and Treatments
- Hair Loss Treatments
- Perms and Relaxants
- Salon Professional Hair Care
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- Medicated Shampoos
- Standard Shampoos
- Styling Agents
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-
- Men's Post-Shave
- Men's Pre-Shave
- Men's Razors and Blades
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-
- Premium Men's Bath and Shower
- Mass Men's Bath and Shower
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- Premium Men's Deodorants
- Mass Men's Deodorants
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- Premium Men's Hair Care
- Mass Men's Hair Care
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- Premium Men's Skin Care
- Mass Men's Skin Care
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-
- Premium Men's Fragrances
- Mass Men's Fragrances
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- Dental Floss
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- Denture Cleansers
- Denture Fixatives
- Mouth Fresheners
- Mouthwashes/Dental Rinses
- Tooth Whiteners
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- Manual Toothbrushes
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- Battery Toothbrush Replacement Heads
- Battery Toothbrush Units
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- Electric Toothbrush Replacement Heads
- Electric Toothbrush Units
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- Toothpaste
- Oral Care Excl Power Toothbrushes
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-
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- Premium Firming Body Care
- Mass Firming Body Care
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- Premium General Purpose Body Care
- Mass General Purpose Body Care
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-
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- Premium Acne Treatments
- Mass Acne Treatments
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- Premium Face Masks
- Mass Face Masks
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-
- Premium Liquid/Cream/Gel/Bar Cleansers
- Mass Liquid/Cream/Gel/Bar Cleansers
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- Premium Facial Cleansing Wipes
- Mass Facial Cleansing Wipes
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-
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- Premium Basic Moisturisers
- Mass Basic Moisturisers
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- Premium Anti-Agers
- Mass Anti-Agers
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-
- Premium Lip Care
- Mass Lip Care
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- Premium Toners
- Mass Toners
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-
- Premium Hand Care
- Mass Hand Care
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- Premium Skin Care Sets/Kits
- Mass Skin Care Sets/Kits
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-
-
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- Premium Aftersun
- Mass Aftersun
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- Premium Self-Tanning
- Mass Self-Tanning
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- Premium Sun Protection
- Mass Sun Protection
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- Baby and Child-specific Sun Care
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-
- Premium Baby and Child-specific Products
- Premium Bath and Shower
-
-
- Premium Eye Liner/Pencil
- Premium Eye Shadow
- Premium Mascara
- Premium Other Lash and Brow Make-Up
-
- Premium BB/CC Creams
- Premium Blusher/Bronzer/Highlighter
- Premium Foundation/Concealer
- Premium Powder
- Premium Other Facial Make-Up
-
- Premium Lip Gloss
- Premium Lip Liner/Pencil
- Premium Lipstick
- Premium Other Lip Products
-
- Premium Nail Polish
- Premium Nail Treatments/Strengthener
- Premium Polish Remover
- Premium Other Nail Products
- Premium Colour Cosmetics Sets/Kits
-
- Premium Deodorants
-
- Premium Body Mists
- Premium Men's Fragrances
- Premium Women's Fragrances
- Premium Unisex Fragrances
- Premium Fragrance Sets/Kits
- Premium Hair Care
-
-
- Premium Firming Body Care
- Premium General Purpose Body Care
-
- Premium Acne Treatments
- Premium Face Masks
- Premium Facial Cleansing Wipes
-
- Premium Basic Moisturisers
- Premium Anti-Agers
- Premium Lip Care
- Premium Liquid/Cream/Gel/Bar Cleansers
- Premium Toners
- Premium Hand Care
- Premium Skin Care Sets/Kits
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-
- Premium Aftersun
- Premium Self-Tanning
- Premium Sun Protection
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- Prestige Baby and Child-specific Products
- Prestige Bath and Shower
- Prestige Colour Cosmetics
- Prestige Deodorants
- Prestige Fragrances
- Prestige Hair Care
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- Prestige Body Care
- Prestige Facial Care
- Prestige Hand Care
- Prestige Skin Care Sets/Kits
- Prestige Adult Sun Care
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- Mass Baby and Child-specific Products
- Mass Bath and Shower
-
-
- Mass Eye Liner/Pencil
- Mass Eye Shadow
- Mass Mascara
- Mass Other Lash and Brow Make-Up
-
- Mass BB/CC Creams
- Mass Blusher/Bronzer/Highlighter
- Mass Foundation/Concealer
- Mass Powder
- Mass Other Facial Make-Up
-
- Mass Lip Gloss
- Mass Lip Liner/Pencil
- Mass Lipstick
- Mass Other Lip Products
-
- Mass Nail Polish
- Mass Nail Treatments/Strengthener
- Mass Polish Remover
- Mass Other Nail Products
- Mass Colour Cosmetics Sets/Kits
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- Mass Deodorants
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- Mass Body Mists
- Mass Men's Fragrances
- Mass Women's Fragrances
- Mass Unisex Fragrances
- Mass Fragrance Sets/Kits
- Mass Hair Care
-
-
- Mass Firming Body Care
- Mass General Purpose Body Care
-
- Mass Acne Treatments
- Mass Face Masks
- Mass Facial Cleansing Wipes
-
- Mass Basic Moisturisers
- Mass Anti-Agers
- Mass Lip Care
- Mass Liquid/Cream/Gel/Bar Cleansers
- Mass Toners
- Mass Hand Care
- Mass Skin Care Sets/Kits
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- Mass Aftersun
- Mass Self-Tanning
- Mass Sun Protection
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- Dermocosmetics Baby and Child-specific Products
- Dermocosmetics Bath and Shower
- Dermocosmetics Colour Cosmetics
- Dermocosmetics Deodorants
- Dermocosmetics Fragrances
- Dermocosmetics Hair Care
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- Dermocosmetics Body Care
- Dermocosmetics Facial Care
- Dermocosmetics Hand Care
- Dermocosmetics Skin Care Sets/Kits
- Dermocosmetics Adult Sun Care
Beauty and Personal Care
This is the aggregation of baby and child-specific products, bath & shower, colour cosmetics, deodorants, depilatories, fragrances, hair care, men's grooming, oral care, skin care and sun care. Black market sales and travel retail are excluded.
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This report originates from Passport, our Beauty and Personal Care research and analysis database.
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