Press release
Global Cosmetics Market Influencing Factors by Top Companies like L'Oréal, Avon, ORIFLAME COSMETIC, Clarins Group, Maybelline Cosmetics, Nykaa and others
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Global cosmetics market is expected to rise from its initial estimated value of USD 435.47 billion in 2018 to an estimated value of USD 648.31 million by 2026, registering a CAGR of 5.10% during the forecast period of 2019-2026. This rise in market value can be attributed to the changing lifestyles and rising disposable income of several countries.
Key Questions Answered in the Global Cosmetic Market Report:
• What will the market growth rate, Overview and Analysis by Type of Global Cosmetic Market in 2024?
• What are the key factors driving, Analysis by Applications and Countries Global Cosmetic Market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Cosmetic Market?
• Who are Opportunities, Risk and Driving Force of Global Cosmetic Market?
• Who are the opportunities and threats faced by the vendors in the Global Cosmetic Market? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Global Cosmetic Market opportunities, market risk and market overview of the Market?
Key Market Competitors: Global Cosmetics Market
Few of the major competitors currently working in the cosmetics market are LOreal International, Avon Products, Inc., Procter & Gamble, Unilever, Oriflame Cosmetics AG, REVLON, Kao Corporation, The Estée Lauder Companies Inc., Skin Food, Johnson & Johnson Services, Inc., Bayer AG, Henkel AG & Co. KGaA, Clarins, Alticor Inc., Mary Kay Inc., Beiersdorf AG, Yves Rocher, Shiseido Co.,Ltd, Maybelline New York and Nykaa E-Retail Pvt. Ltd.
Key Developments in the Market:
In January 2019, LOreal International is recognized as the global leader in the world for the third time in a row with triple “A” score. This would help in the development of the company and also helps to enhance the customer base.
In December 2018, Avon Products, Inc. launched new K-beauty collection products with a wide range of new and innovative products from Korea. This strategy helped the company to expand their product portfolio.
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Segmentation
Category
• Skin and Sun Care Products
• Hair Care Products
• Deodorants
• Fragrances
• Makeup & Color Cosmetics
Gender
• Men
• Women
Geography
• North America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
Major Market Drivers & Restraints:
Rising demand of natural ingredients in various cosmetic products is expected to drive the market growth, Attractive marketing strategies and changing packaging styles are also expected to stimulate the market growth, Advanced beauty treatments is expected to restrain the market growth, Growing awareness related to the possible side-effects of cosmetics is also expected to hamper the market growth
Key Insights in the report:
•Competitive analysis of key competitors involved in the market
•Complete analysis of Market Segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
•Market Drivers and Restraints analysis along with the analysis of the market structure
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