Beauty and personal care in 2024: The big picture
In 2024, beauty and personal care in Hungary experienced significant double-digit growth, building on several previous years of similar growth results. This increase was fuelled by rising consumer purchasing power, a growing interest in wellness, and changing consumer preferences for high-quality and effective products.
2024 key trends
Skincare was the largest category within beauty and personal care overall in 2024, with sales recording double-digit retail value growth. The demand for anti-ageing products continued to rise, driven by an ageing population that is prioritising skincare routines for preventive health. Consumers were increasingly mixing and matching serums and creating personalised routines for skin, hair, and oral care, to target anti-ageing. Additionally, wellness became a central theme in beauty, with consumers indulging in self-care rituals that promote both physical and mental well-being. In uncertain times, a focus on wellness is seen as essential by some, enabling them to maintain a balanced lifestyle. In line with the trend of wellness and self-care, prestige bath and shower became the most dynamic category in 2024 as some consumers prioritised self-care rituals and home spa experiences. With a focus on mental and physical well-being, demand surged for premium products featuring natural ingredients, aromatherapy, and eco-friendly packaging.
Competitive landscape
L'Oréal Magyarország Kft was the leading company within beauty and personal care overall in 2024, offering a host of mass and premium brands, including Garnier, L'Oréal Paris, Giorgio Armani, Vichy, Lancôme, Yves Saint Laurent and La Roche-Posay. In 2024, leading companies, including L'Oréal, Procter & Gamble, Unilever, and Beiersdorf, maintained a strong presence by focusing on innovative product launches, strategic retail partnerships, and tailored marketing efforts. These companies leveraged their expansive portfolios while growing focus on premiumisation to capture a larger share of the expanding beauty market.
Retail developments
In 2024, health and beauty specialists was the leading distribution channel in the beauty and personal care sector, enhancing its market share and becoming the most dynamic channel of the year. This category saw strong sales, particularly in skincare and oral care products.
What next for beauty and personal care ?
Sales in the beauty and personal care sector are expected to rise during the forecast period, primarily driven by skincare products, which will continue to dominate Hungary's market. This growth will be fuelled by higher disposable incomes and consumers' increasing preference for high-quality ingredients. Additionally, sun care and anti-ageing products will see rapid growth, alongside a surge in demand for sensitive skin products and self-tanning solutions. Pharmacies are also set to expand their offerings in dermatological and sensitive skin care, providing products that address both medical and cosmetic needs.
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Overview:
Understand the latest market trends and future growth opportunities for the Beauty and Personal Care industry in Hungary 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 Hungary, 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 Hungary 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 Hungary?
- Which are the leading brands in Hungary?
- How are products distributed in Hungary?
- 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 Hungary
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 Hungary
KEY DATA FINDINGS
A growing demand for ultra-sensitive and allergy-friendly formulas
Premiumisation continues during 2024, despite consumers budget constraints
Private label offerings and health and beauty specialists strengthening their market positions
There is set to be further expansion of sensitive and clean formulations
Launches are expected to focus on premium and science-backed goods
Environmental concerns are set to inform new product development and innovation
Bath and Shower in Hungary
KEY DATA FINDINGS
A growing demand for skin-friendly and ingredient-conscious products
Wellness, self-care, and sleep-enhancing bathing experiences trend in 2024
Large formats and multi-purpose solutions gain traction
Dermo cosmetics and allergy-friendly bath products are set to expand
Duopacks and multipurpose products are expected to lead the mass market
Wellness and experience driven products are set to shape product development
Colour Cosmetics in Hungary
KEY DATA FINDINGS
Lip products drive demand as consumers invest in small indulgences
L’Oréal retains its lead, while Primor Kozmetikai gains share with its brand Essence
Health and personal care stores showcase strong growth, offering the ability to test products
Marketing claims are set to focus on filter effects and performance-boosting properties
A cross-tier strategy can bridge the gap between mass and premium beauty
Innovation in set to focus on multi-use products with sustainable formats
Deodorants in Hungary
KEY DATA FINDINGS
The growing popularity of stick deodorants as consumers appreciate sustainable alternatives
The expansion of private label goods and refillable formats
dm-Drogerie Markt supports the leading position of health and personal care stores
Strong brand loyalty and growing interest in deodorant sticks will drive price competition
Refillable and sustainable packaging is set to become more mainstream
Product innovation focuses on longer-lasting, multifunctional deodorants
Depilatories in Hungary
KEY DATA FINDINGS
A market correction following strong sales leads to a decline in value growth
Value packs and private labels gain ground as Reckitt Benckiser retains the lead
Male grooming is expanding, supporting sales for body and intimate shaving
Brand loyalty is set to remain strong, however, price sensitivity will shape purchases
Electric and salon-based hair removal will challenge growth for depilatories
Innovation is set to focus on sustainability, aligning with consumer demands
Fragrances in Hungary
KEY DATA FINDINGS
Polarising trends as both dupes and premium fragrances drive sales
Body mist brands benefit from rising interest from Generation Z
Health and beauty specialists lead distribution while retail e-commerce improves its share
Digital influencers will drive discovery and sales over the forecast period
Niche and exotic scents are expected to gain popularity across the forecast period
Sustainable packaging solutions are set to become more commonplace
Hair Care in Hungary
KEY DATA FINDINGS
Mass market players focus on a professional image to offer convenient at-home solutions
Henkel Magyarország retains its lead, while Procter & Gamble improves its share, offering mass market shampoo
Health and beauty specialists lead sales supported by the strong performance of private label lines
Growth is set to be driven by complementary and professional hair care products
Personalised hair care routines will drive sales over the forecast period
There is set to be a surge in hair care serums and treatments, inspired by facial care
Men's Grooming in Hungary
KEY DATA FINDINGS
Premiumisation drives growth, while male skin care routines expand
Procter & Gamble retains its lead while Primor Kozmetikai improves its share through its fragrances
Men’s grooming experiences a growing focus on products to prevent hair loss
Premiumisation and men’s skincare is set to support ongoing growth
Men’s grooming is expected to become more diverse and sophisticated
Innovative is set to focus on sustainability and multifunctionality to attract consumers
Oral Care in Hungary
KEY DATA FINDINGS
The expansion of oral care routines support ongoing sales in 2024
The teeth whitening market slows as profession whitening treatments rise
GlaxoSmithKline Kft retains the lead, while seeing the strongest improvement in share
Growth is expected to be supported by premiumisation and ongoing sales of electric toothbrushes
Incorporating more oral care products into routines is set to boost growth
Sustainable and herbal innovations are set to shape product innovations across the forecast period
Skin Care in Hungary
KEY DATA FINDINGS
Premium anti-ageing products support a strong uplift in retail value sales
L’Oréal Magyarország Kft retains its lead, although share is lost as Beiersdorf improves its position
Health and beauty specialists dedicate more space to facial care products
The ongoing demand for anti-ageing is set to bolster growth across the forecast period
Sustainable packaging solutions set to come to the fore due to new EU directive
Customisation and multifunctional routines are expected to support volume growth
Sun Care in Hungary
KEY DATA FINDINGS
Premiumisation, added-ingredients and self-tanning bolsters growth in 2024
Beiersdorf retains its lead while Cremax records an uplift in share with brand Uriage
Health and personal care stores lead distribution while e-commerce declines
Year-round use of sun protection will support ongoing growth across the forecast period
The expansion of baby and child specific sun care is set to bolster sales
There is set to be a focus on sustainable and dermatologically-backed sun care
Premium Beauty and Personal Care in Hungary
KEY DATA FINDINGS
The ageing population fuels demand for advanced anti-ageing and sun care
The desire for prestige and luxurious ownership drives growth for competitors
Premium retail shifts to include affordable goods, attracting higher footfall
Growing purchasing power and interest from Gen Z is set to drive growth
The expansion of dermo-cosmetic products will support the premium market
Personalisation will increasingly influence premium beauty and personal care
Mass Beauty and Personal Care in Hungary
KEY DATA FINDINGS
The facial care boom supports growth in skin and sun care during 2024
Unilever Magyarország Kft retains its lead while second placed Beiersdorf Kft improves its share
Health and beauty specialists lead sales, while retail e-commerce records gradual growth
A continued focus on facial care is set to support ongoing growth for mass beauty and personal care
Sustainability is set to come to the fore as consumers and businesses become more responsible
dm-drogerie markt will continue to be a strong player, focusing on private label goods
The following categories and subcategories are included:
Beauty and Personal Care
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- 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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- 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
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-
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- Premium BB/CC Creams
- Mass BB/CC Creams
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- Premium Blusher/Bronzer/Highlighter
- Mass Blusher/Bronzer/Highlighter
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- Premium Foundation/Concealer
- Mass Foundation/Concealer
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- Premium Powder
- Mass Powder
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- Premium Other Facial Make-Up
- Mass Other Facial Make-Up
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-
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- Premium Lip Gloss
- Mass Lip Gloss
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- Premium Lip Liner/Pencil
- Mass Lip Liner/Pencil
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- Premium Lipstick
- Mass Lipstick
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- Premium Other Lip Products
- Mass Other Lip Products
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-
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- 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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- 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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- 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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- 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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- 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
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-
- 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
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- Premium Deodorants
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- Premium Body Mists
- Premium Men's Fragrances
- Premium Women's Fragrances
- Premium Unisex Fragrances
- Premium Fragrance Sets/Kits
- Premium Hair Care
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-
- Premium Firming Body Care
- Premium General Purpose Body Care
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- 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
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- 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
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-
- Mass Firming Body Care
- Mass General Purpose Body Care
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- Mass Acne Treatments
- Mass Face Masks
- Mass Facial Cleansing Wipes
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- 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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