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Cosmetics Market Size, Growth | Global Industry Analysis, 2027 | IMARC Group
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Global Cosmetics Market Trends:
The rising prevalence of various skin-related complications is primarily driving the cosmetics market. Additionally, the inflating per capita income levels of individuals and the growing influence of social media are propelling the demand for new, unique, and premium items, which is further catalyzing the market growth. Besides this, the increasing consumer consciousness towards maintaining personal hygiene and a youthful appearance is acting as another significant growth-inducing factor. Moreover, the widespread adoption of vegan cosmetics that are manufactured by using plant-based extracts and environmental-friendly derivatives, along with the expanding e-commerce sector, is also positively influencing the global market. Apart from this, the introduction of organic product variants, owing to the numerous adverse effects of synthetic ingredients, is anticipated to fuel the cosmetics market over the forecasted period. Looking forward, IMARC Group expects the Cosmetics Market to reach US$ 508.3 Billion by 2027, exhibiting at a CAGR of 5.95% during 2022-2027.
Key Market Segmentation:
Competitive Landscape:
Amway Corp
Avon Products Inc.
Beiersdorf AG
Henkel AG & Co. KGaA
Kao Corporation
L'Oréal S.A.
Oriflame Cosmetics AG
Procter & Gamble Company
Revlon Inc. (MacAndrews & Forbes Incorporated)
Shiseido Company Limited
Skinfood Co. Ltd
The Estée Lauder Companies Inc
Unilever plc.
Breakup by Product Type:
Skin and Sun Care Products
Hair Care Products
Deodorants and Fragrances
Makeup and Color Cosmetics
Others
Breakup by Category:
Conventional
Organic
Breakup by Gender:
Men
Women
Unisex
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Specialty Stores
Pharmacies
Online Stores
Others
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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