Global Cosmetics Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at 4.49% through 2020 to 2027, reaching US$ XX Mn.
Global Cosmetics Market
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Global Cosmetics Market Overview:
Cosmetics are combinations of various chemical compounds generally used to improve the appearance of the human body. The cosmetic products which are mainly available & used by people are sun care, skin creams & Soaps, hair shampoos, deodorants, makeup & color cosmetics, & perfumes. These products are offered mainly through retail stores & online gateways.
Reasons that strengthen the development of this market contain change in lifestyle, increase in disposable income, requirement for skin care products owing to variable climatic conditions, & change in packaging styles & eye-catching marketing tactics. However, causes hindering the market growth are growing awareness of probable side effects of chemical based cosmetics & innovative beauty treatments.
Moreover, growing demand for natural & organic cosmetic products produces potential opportunities for companies to innovate & develop new products according to customer preferences. The global cosmetics market is segmented on the basis of category, distribution channel and geography. The category segment contains skin & sun care products, hair care products, deodorants, makeup & color cosmetics, and fragrances. Amongst these products, skin & sun care & hair care are majorly used products & hold a significant share in total cosmetics market.
Global Cosmetics Market1
As for distribution channels segment, while in the US, 60 percent of cosmetics sales are presently made online, retail store networks are still extensively more significant worldwide. The trend could change in some nations during the forecast period, especially in Japan, India & China. Thus, online sales are anticipated to see average annual growth of 5.39 percent during the forecast years.
The growing disposable income of customers in emerging regions has also aided the cosmetics market significantly. Due to their high disposable incomes & increasing living standards, customers in regions like Asia Pacific, Latin America, & the Middle East are becoming progressively significant for cosmetics industry companies, since nations like China, India, Indonesia, & Brazil have a large population & thus, a large potential customer pool.
Global Cosmetics Market Competitive Landscape:
Global Cosmetics Market2
The objective of the report is to present a comprehensive analysis of the Global Cosmetics Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Cosmetics Market dynamics, structure by analyzing the market segments and project the Global Cosmetics Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Cosmetics Market make the report investor’s guide.
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Scope of Global Cosmetics Market: Inquire before buying
Global Cosmetics Market, By Category
• Skin & Sun Care
• Hair Care
• Deodorants
• Makeup & Color
• Fragrances
Global Cosmetics Market, By Distribution Channel
• Retail
• Online
Global Cosmetics Market, by Region
• North America
• Europe
• Asia-Pacific
• ME & Africa
• Latin America
Global Cosmetics Market Key Players
• L’Oréal International
• Avon Product Inc.
• Proctor and Gamble Company
• Unilever PLC
• Oriflame Cosmetics S.A.
• Revlon, Inc.
• Kao Corporation
• The Estee Lauder Company Inc.
• Skin Food
• Shiseido Company, Limited
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