Cosmetic products are a preparation applied on any body parts to enhance the overall appearance of individual and help achieve a positive impact on personality. Cosmetic products includes skin cosmetic, hair cosmetics, nail and eye cosmetics. Cosmetics Industry is segmented into natural and origin products or conventional products.
Market Dynamics:
Social media provides potential opportunity for product launches and branding as it bridges the gap between marketers and consumers. The high adoption of smartphones and easy access to the internet have further increased spending on personal care products through web portals Moreover, the growing working women population has led to an increased per capita disposable income of the consumers, which has changed consumer spending behavior. Moreover, consumers are increasingly opting for cosmetics owing to the rising awareness about appearance and the standard of living. Owing to the rising population of working women, the sales of cosmetics products have been increasing at a high pace across the globe.
On the other side there are harmful ingredients or chemicals present in professional and over-the-counter products. These ingredients or chemicals can cause serious problems. Hence, the demand for natural and organic cosmetics is rising with the growing awareness of the health hazards and dangers of toxic chemicals in non-organic products among people.
Key features of the study:
- This report provides in-depth analysis of the global cosmetic market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global cosmetics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include L’Oreal S.A, Unilever plc., The Procter & Gamble Company, The Estee Lauder Companies Inc., Shiseido Company, Limited, LVMH Moët Hennessy, Kao Corporation., Oriflame Holding AG, Avon Products Inc., Revlon, Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global cosmetics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cosmetics market
Detailed Segmentation:
- Global Cosmetics Market, By Product Type
- Skin Cosmetics
- Hair Cosmetics
- Nail Cosmetics
- Eye Cosmetics
- Others
- Global Cosmetics Market, By Category
- Organic & Natural
- Conventional
- Global Cosmetics Market, By Distribution Channel
- Store-Based
- Non-Store-Based
- Global Cosmetics Market, By Region
- North America
- Europe
- Asia Pacific
- Rest Of The World
- Company Profiles
- L'Oréal S.A
- Unilever plc
- The Procter & Gamble Company
- The Estee Lauder Companies Inc.
- Shiseido Company, Limited.
- LVMH Moët Hennessy
- Kao Corporation.
- Oriflame Holding AG
- Avon Products, Inc.
- Revlon, Inc