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This article discusses Procter and Gamble’s Revenue By Segment split across Healthcare, Grooming, Fabric and Home Care, Beauty, Baby, Feminine and Family Care, and Corporate from 2017-2021.
Procter and Gamble, or more commonly known as P&G, generates its revenue from the following segments:
|Segment||Q3 2020||Q3 2021||YoY Growth||Revenue Share Q3 2021|
|Baby, Feminine & Family Care||$4.59||$4.60||0.21%||25.41%|
|Fabric & Home Care||$5.83||$6.28||7.71%||34.70%|
(all figures in billions, except percentages)
Procter and Gamble’s total revenue rose from $17.21 billion in Q3 2020 to $18.10 billion in Q3 2021, marking an increase of 5.17% on a year-on-year basis. During this period, the revenue growth was driven by increased sales of high price products in the home cleaning and personal hygiene segments. The company witnessed higher demand for its products in the North American regions in Q3 2021.
Baby, Feminine & Family Care
Procter and Gamble’s revenue from this segment increased marginally from $4.59 billion in Q3 2020 to $4.60 billion in Q3 2021, a growth of 0.21% on a year-on-year basis. In Q3 2021, this segment contributed 25.41% to Procter and Gamble’s total revenue.
This segment offers products like Baby Wipes, Diapers and Pants, Towels, Tissue papers, and Toilet paper. Major brands include Pampers, Puffs, Charmin, Luvs, Always Discreet, and Bounty. P&G is a global leader in the Baby Care segment and has a 25% global market share in this segment.
P&G’s revenue from the Beauty segment rose from $3.03 billion in Q3 2020 to $3.32 billion in Q3 2021, a growth of 9.57% on a year-on-year basis. During this period, the beauty segment contributed 18.34% to the company’s total revenue.
The company’s Beauty segment offers products for hair care and personal care. P&G’s major brands of this segment are Pantene, Rejoice, Olay, Old Spice, Head & Shoulders, Vidal Sassoon, Nicky Clarke, Herbal Essences, and Safeguard. The company is a global market leader in the hair care segment and has a global market share of more than 20% mainly driven by its two brands Pantene and Head & Shoulders.
Procter and Gamble’s revenue from the Corporate segment increased from $0.11 billion in Q3 2020 to $0.12 billion in Q3 2021, an increase of 9.09% on a year-on-year basis. In Q3 2021, this segment contributed 0.66% to P&G’s total revenue.
Fabric and Home Care
Procter and Gamble’s revenue from Fabric and Home Care segment rose from $5.83 billion in Q3 2020 to $6.28 billion in Q3 2021, marking an increase of 7.71% on a year-on-year basis. During this period, this segment contributed 34.70% to Procter and Gamble’s total revenue.
This segment offers a variety of products like Detergent powders, Laundry Additives, Fabric Enhancers, Air Fresheners, and Dish Care. P&G’s top brands of this segment include Tide, Ariel, Mr. Clean, Cascade, Swiffer, Flash, Bounce, Dawn, Febreze, and Fairy. Procter and Gamble has a global market share of more than 25% in the Fabric and Home Care segment.
Procter and Gamble’s revenue from the Grooming segment increased from $1.38 billion in Q3 2020 to $1.44 billion in Q3 2021, a growth of 4.35% on a year-on-year basis. In Q3 2021, the Grooming segment contributed 7.96% to the company’s total revenue.
The Grooming segment includes Shave Care products like Blades and Razors, Shaving Creams, and After Shave creams and lotions. The company’s top brands include Gillette, Venus, and Braun. In the Grooming segment, P&G’s global market share is more than 60%, primarily driven by its brands, Gillette and Venus.
Procter and Gamble’s revenue from the Health Care segment rose from $2.26 billion in Q3 2020 to $2.35 billion in Q3 2021, marking an increase of 3.98% on a year-on-year basis. During this period, the Health Care segment contributed 12.98% to the company’s total revenue.
The Health Care segment offers Oral Care products like toothbrushes, toothpaste, and Personal Health Care products like Vitamin/Minerals supplements, Respiratory and Gastrointestinal supplements, and Pain Relief products. The company’s major brands in this segment include Oral-B, Vicks, Neurobion, Crest, Swisse, Pepto-Bismol, Fixodent, and Metamucil.
Procter and Gamble is an American conglomerate company. The company was founded by William Procter and James Gamble in 1837. P&G’s main office is located in Cincinnati, Ohio, United States. The company offers a wide range of products in segments like Personal Health and Hygiene, Beauty, Home Care, and many more. Procter and Gamble employ more than 97,000 people worldwide.
P&G sells its products in more than 180 countries through retail stores, departmental stores, e-commerce websites, medical stores, wholesalers, and beauty shops. The company’s manufacturing locations are located in Delaware, Louisiana, Pennsylvania, Georgia, North Carolina, Ohio, Wisconsin, Illinois, Missouri, California, and Arizona.
Procter and Gamble faces tough competition from Unilever, Johnson & Johnson, Reckitt Benckiser, Colgate Palmolive, Henkel, and Newell Brands.
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