Precedence Research recently published a report on “Cosmetics Market (By Category: Skin & sun care products, Hair care products, Deodorants & fragrances, Makeup & color cosmetics; By Gender: Men, Women, Unisex; By Distribution Channel: Hypermarkets/Supermarkets, Specialty Stores, Pharmacies, Online sales channels, Other) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021 – 2030”, The global cosmetics market size is projected to reach USD 480.4 billion by 2030 from an estimated USD 341.1 billion in 2020, at a CAGR of 5.1% from 2021 – 2030.
The market revenue/volume with the help of widespread quantitative and qualitative insights, and forecasts of the market. This report presents breakdown of market into forthcoming and niche segments. Additionally, this research study gauges market revenue growth and its drift at global, regional, and country from 2017 to 2030. This research report evaluates cosmetics market on a global and regional level. It offers thorough analysis of market status, growth and forecast of the global cosmetics market for the period from 2017 to 2030.
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Any substance that can be utilized in enhancing the physical appearance of the user is referred to as cosmetics. It includes lipsticks, nail polishes, hair colors, skin moisturizers, concealers, perfumes, shampoos and many others. It also helps in providing wonderful fragrance to the body of the consumer that amplifies their physical appeal. In recent years, the cosmetics products have become essential goods in the day to day life. Furthermore, the continuous innovation in the cosmetics product carried out by the multinational corporations in order to meet the specific requirements of the customers has amplified the cosmetics market across the globe.
Crucial factors accountable for market growth are:
Scope of the Cosmetics Market
Report Coverage | Details |
Market Size in 2030 | USD 480.4 Billion |
Growth Rate from 2021 to 2030 | CAGR of 5.1% |
Base Year | 2021 |
Forecast Period | 2021 to 2030 |
Segments Covered | Category Type, Gender Type, Distribution Channel |
Regional Scope | North America, APAC, Europe, Latin America, MEAN, Rest of the World |
Companies Profiled | Avon Products Inc., Unilever Plc., The Procter & Gamble Company, L’Oreal S.A., Revlon, Inc., Kao Corporation, Oriflame Cosmetics S.A., Shiseido Company Limited, Skin Food Co., Ltd., The Estee Lauder Companies Inc. |
Regional Snapshots
Europe leads the cosmetics market in 2021 and is projected to grow at a CAGR of 2.8% in the upcoming years. In Europe, the demand for cosmetics products is very high as the consumers firmly believe that it is essential to maintain a healthy and hygienic life. Moreover, the customer demand for a quality life makes Europe an efficient market for innovations in the cosmetics products.
The Asia-Pacific cosmetic market was valued at USD 164 billion in 2020 is estimated to grow at a CAGR of 6% in the coming years. The prime factors that is responsible for the growth of the cosmetics market in the Asia Pacific region includes the desire for an attractable personal appeal, growing concern over health and hygiene, demand for natural and organic beauty products and many others.
Report Highlights
Market Dynamics
Driver
The rising consumer demand for various skin care products such as creams, lotions, peels and many others have significantly contributed towards the growth of the cosmetics market. Additionally, the surge in demand for anti-aging products, natural and organic beauty products is expected to drivethe growth of the cosmetics market.Furthermore, the rising consumer awareness and surge in customer disposable income is anticipated to fuel the growth of the cosmetics market.
Restraint
In the recent years, there has been a shift towards the organics and herbal products across the globe owing to the side effects from the use of the cosmetic products and this is expected to act as a major restraining factor that will hamper the growth of the cosmetics market. Moreover, with the evolution of technologies advanced beauty care treatments have been developed and this attribute has the potential to retrain the growth of the cosmetics market.
Opportunity
In the past decade, there have been a significant development of the ecommerce industry and the majority of sale of the cosmetics products takes place through these ecommerce platforms. Hence, the major players in the cosmetics market can utilize these ecommerce platforms to run an impressive marketing campaign in order to amplify their sales.
Challenges
A large number of customers have become cautious towards the side effects of extensively using the cosmetics products and therefore, desire to shift towards organic and herbal products. The major challenge among the players would be to rebuildthe trust among the customers regarding the safety of their cosmetic products in the long run by eradicating the side effects that may be caused by the extensive use of the cosmetic products.
Recent Developments
Scope of the Study
This cosmetics market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
Key Players:
This report also provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the cosmetics market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the prominent players in the cosmetics market include:
Avon Products Inc., Kao Corporation, L’Oreal S.A., Oriflame Cosmetics S.A., Revlon, Inc., Shiseido Company Limited, Skin Food Co., Ltd., The Estee Lauder Companies Inc., The Procter & Gamble Company and Unilever Plc.
Segments Covered in the Report
By Category
By Gender
By Distribution Channel
By Geography
Key Points Covered in cosmetics market Study:
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Cosmetics Market, By Category
7.1. Cosmetics Market, by Category Type, 2021-2030
7.1.1. Skin & sun care products
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Hair care products
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Deodorants & fragrances
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Makeup & color cosmetics
7.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Cosmetics Market, By Gender
8.1. Cosmetics Market, by Gender, 2021-2030
8.1.1. Men
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Women
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Unisex
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Cosmetics Market, By Distribution Channel
9.1. Cosmetics Market, by Distribution Channel, 2021-2030
9.1.1. Hypermarkets/Supermarkets
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Specialty Stores
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Pharmacies
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Online sales channels
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Cosmetics Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Category (2017-2030)
10.1.2. Market Revenue and Forecast, by Gender (2017-2030)
10.1.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Category (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Gender (2017-2030)
10.1.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Category (2017-2030)
10.1.5.2. Market Revenue and Forecast, by Gender (2017-2030)
10.1.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Category (2017-2030)
10.2.2. Market Revenue and Forecast, by Gender (2017-2030)
10.2.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Category (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Gender (2017-2030)
10.2.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Category (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Gender (2017-2030)
10.2.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Category (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Gender (2017-2030)
10.2.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Category (2017-2030)
10.2.7.2. Market Revenue and Forecast, by Gender (2017-2030)
10.2.7.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Category (2017-2030)
10.3.2. Market Revenue and Forecast, by Gender (2017-2030)
10.3.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Category (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Gender (2017-2030)
10.3.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Category (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Gender (2017-2030)
10.3.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Category (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Gender (2017-2030)
10.3.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Category (2017-2030)
10.3.7.2. Market Revenue and Forecast, by Gender (2017-2030)
10.3.7.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Category (2017-2030)
10.4.2. Market Revenue and Forecast, by Gender (2017-2030)
10.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Category (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Gender (2017-2030)
10.4.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Category (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Gender (2017-2030)
10.4.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Category (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Gender (2017-2030)
10.4.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Category (2017-2030)
10.4.7.2. Market Revenue and Forecast, by Gender (2017-2030)
10.4.7.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Category (2017-2030)
10.5.2. Market Revenue and Forecast, by Gender (2017-2030)
10.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Category (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Gender (2017-2030)
10.5.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Category (2017-2030)
10.5.5.2. Market Revenue and Forecast, by Gender (2017-2030)
10.5.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
Chapter 11. Company Profiles
11.1. Avon Products Inc.
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Kao Corporation
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. L’Oreal S.A.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Oriflame Cosmetics S.A.
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Revlon, Inc.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Shiseido Company Limited
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Skin Food Co., Ltd.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. The Estee Lauder Companies Inc.
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. The Procter & Gamble Company
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Unilever Plc.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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