PUBLISHER: The Business Research Company | PRODUCT CODE: 1713431
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713431
Other health and personal care stores are retail outlets that offer a wide range of health and personal care products, often not found in typical pharmacies or large chain stores. These stores focus on providing specialized items for health-conscious consumers or individuals seeking alternative health solutions. By catering to niche markets, they deliver unique products and offer personalized services to meet specific consumer needs.
The different types of health and personal care stores in this category include convalescent supply stores, prosthetic stores, hearing aid stores, sick room supply stores, medical equipment and supplies stores, and personal mobility scooter dealers. For instance, hearing aid stores specialize in electronic devices that amplify sound and are worn by individuals with hearing loss. These stores may offer various categories of products, including mass-market products and premium products. Additionally, the stores themselves can be categorized as licensed, branded, brand-licensed, or unbranded establishments, depending on their affiliations and certifications.
The other health and personal care stores market research report is one of a series of new reports from The Business Research Company that provides other health and personal care stores market statistics, including other health and personal care stores industry global market size, regional shares, competitors with other health and personal care stores market share, detailed other health and personal care stores market segments, market trends and opportunities, and any further data you may need to thrive in the other health and personal care stores industry. This other health and personal care stores market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The other health and personal care stores market size has grown strongly in recent years. It will grow from $74.95 billion in 2024 to $78.82 billion in 2025 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to consumer health and wellness trends, aging population, alternative medicine, specialized offerings.
The other health and personal care stores market size is expected to see steady growth in the next few years. It will grow to $93.93 billion in 2029 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to e-commerce and online retail, personalized health and wellness, cbd and cannabis products, natural and organic products, health monitoring devices. Major trends in the forecast period include e-commerce and online sales, personalization and customization, natural and organic products, holistic and alternative medicine.
Over the historical period, there has been a notable increase in the number of surgeries conducted worldwide. Unfortunately, many lives are lost due to conditions that necessitate surgical intervention. A study published by The Lancet Commissions indicates that low- and middle-income countries (LMICs) need to annually scale up their surgery rate to meet a minimum volume of 5,000 operations per 100,000 population, a target that approximately two-thirds of countries are expected to fulfill. The rising number of surgeries performed each year is anticipated to drive growth in the market, as increased surgeries create higher demand for products available in the health and personal care stores market.
The growing awareness among consumers regarding personal care products is expected to drive the growth of the other health and personal care store market. Personal care products, which include items used for hygiene, grooming, self-care, and beautification, are becoming increasingly popular. As these products become more specialized and diverse, health and personal care stores serve as essential destinations, offering convenience, expertise, and access to a wide range of products. For example, in July 2024, a report by the British Beauty Council revealed that in 2023, the personal care sector contributed £27.2 billion ($30.44 billion) to the UK's GDP, an 11% increase from 2022. This growth was driven by a 10% rise in household spending on personal care products and services. As awareness around personal care continues to rise, it is fueling the demand for health and personal care stores.
Prominent companies in the other healthcare and personal care stores market are introducing new brands available in various stores to boost their revenues. The introduction of Maude and Luna Daily at Sephora has solidified these brands' positions in the sexual wellness and intimate care market, while also providing a valuable opportunity for Sephora to diversify its offerings in this category. For example, in April 2023, Maude, a U.S.-based personal care brand, and Luna Daily, a U.S.-based body care brand, introduced intimate care products from both brands in over 260 Sephora stores. Maude became the first sexual wellness brand to be stocked in Sephora's brick-and-mortar stores, and Luna Daily was the inaugural exclusive U.K. intimate care brand to launch at Sephora.
Major companies in the other health and personal care stores market are focusing on developing advanced solutions such as e-commerce healthcare purchasing platforms to offer real-time inventory tracking, streamlined ordering processes, and competitive pricing. These digital marketplaces enable healthcare providers, hospitals, clinics, and other medical facilities to conveniently purchase medical equipment, supplies, pharmaceuticals, and related products online. For example, in June 2024, Zuellig Pharma, a Singapore-based healthcare services company, launched eZRx+. This platform allows Zuellig Pharma customers to enjoy a more intuitive and direct self-order process with real-time order tracking, live notifications, an AI-powered chatbot, and seamless management of orders, payments, and returns. eZRx+ is designed to be the quickest, easiest, and most accurate solution for pharmacists and purchasers placing orders, while also offering access to competitive deals and promotions through its enhanced user interface.
In April 2022, Lifesupply Health Supplies Inc., a Canada-based medical supplies company, acquired Smart Move Medical for an undisclosed amount. This acquisition is set to expand the distribution network of the company and provide broader access to an international network of suppliers. Smart Move Medical, based in Canada, is a supplier of medical equipment.
Major companies operating in the other health and personal care stores market include USANA Health Sciences Inc., Enzymatic Therapy Inc., Ajinomoto Health & Nutrition North America Inc., Super Supplements Inc., Herbalife Nutrition Ltd., Forever Living Products International Inc., TriVita Inc., Nature's Sunshine Products Inc., Integrated BioPharma Inc., CVS Health Corporation, Walgreens Boots Alliance Inc., Rite Aid Corporation, GNC Holdings Inc., The Vitamin Shoppe Inc., Sally Beauty Holdings Inc., Ulta Beauty Inc., Sephora USA Inc., Bath & Body Works LLC, Vitamin World Inc., PetSmart Inc., The Body Shop International Limited, Holland & Barrett Retail Limited, L'Occitane Inc., The Face Shop Co. Ltd., Kiehl's Since 1851 LLC, Lush Fresh Handmade Cosmetics Ltd., Vitamin Cottage Natural Food Markets Inc., Mother's Market & Kitchen Inc., Vitamin Shoppe Inc., Life Time Inc., Pharmaca Integrative Pharmacy Inc., Sprouts Farmers Market Inc., Planet Fitness Inc., New Seasons Market LLC, Smoothie King Franchises Inc., Juice It Up! Franchise Corporation, Massage Envy Franchising LLC, European Wax Center LLC, Equinox Holdings Inc.
Asia-Pacific was the largest region in the other health and personal care stores market in 2024. North America was the second-largest region in the other health and personal care stores market. The regions covered in the other health and personal care stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the other health and personal care stores market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The other health and personal care stores market includes revenues earned by entities by include medical equipment, diagnostics, hearing aids, personal mobility scooters, prosthetics, and sick room equipment. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Other Health and Personal Care Stores Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on other health and personal care stores market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for other health and personal care stores ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The other health and personal care stores market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.