Cosmetics Market Share, Trends, Growth, COVID-19 Impact and Forecast Analysis

The latest report by IMARC Group, titled "Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.' Offers a comprehensive analysis of the industry, which comprises insights on Cosmetics Market Share.

Cosmetics Market Overview:

The global cosmetics market reached a value of US$ 357.5 Billion in 2021. 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. Cosmetics represent beauty, and personal grooming products produced using organic and chemical compounds. They can be categorized into skin and sun care products, hair care items, deodorants and fragrances, makeup commodities, etc. Cosmetics offer numerous advantages, such as enhancing physical appearance, maintaining skin health, and boosting overall self-esteem. Consequently, they are in high demand among both male and female consumers across the globe.

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Global Cosmetics Market Trends:

The expanding e-commerce industry and the increasing availability of luxury and premium skincare and makeup items online are among the key factors driving the cosmetics market. In line with this, the introduction of several additional benefits by prominent e-retailers, including same-day or one-day delivery services, easy-to-navigate dashboards, and enhanced security features for online payments, is also positively influencing the market growth. Furthermore, the development of new products with natural ingredients that prevent any adverse effects on the skin is acting as another significant growth-inducing factor. Besides this, the shifting preferences for handy and easy-to-use product variants among the working women population are further augmenting the global market. Additionally, the launch of attractive packaging solutions by key market players and the inflating investments in promotional activities to generate brand awareness and expand the existing customer base are expected to propel the cosmetics market in the coming years.

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Category, Gender, Distribution Channel, Region

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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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Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

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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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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