Cosmetic Market Size| Industry Status and Growth opportunities for Leading Players|Loréal, P&G

 

Cosmetics (also known as makeup or make-up) are care substances used to enhance the appearance or odor of the human body. They are generally mixtures of chemical compounds, some being derived from natural sources (such as coconut oil) and many being synthetics.
Highlights
Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global Cosmetic market is projected to reach US$ 454580 million by 2028 from an estimated US$ 359260 million in 2022, at a CAGR of 4.0% during 2023 and 2028.
Global Cosmetic key players include Loréal Paris, Estée Lauder, P&G, LVMH, SHISEIDO, etc. Global top five manufacturers hold a share over 20%.
Europe is the largest market, with a share over 30%, followed by United States and China, both have a share about 25 percent

In terms of product, Skin Care is the largest segment, with a share about 35%. And in terms of application, the largest application is 45-54 Age, followed by 35-44 Age.

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Complete study of the global Cosmetic market is carried out by the analysts in this report, taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of the present as well as future scenario of the global Cosmetic industry. Research techniques like PESTLE and Porter's Five Forces analysis have been deployed by the researchers. They have also provided accurate data on Cosmetic production, capacity, price, cost, margin, and revenue to help the players gain a clear understanding of the overall existing and future market situation.

 
Segmental Analysis

The report has classified the global Cosmetic industry into segments including product type and application. Every segment is evaluated based on growth rate and share. Besides, the analysts have studied the potential regions that may prove rewarding for the Cosmetic manufacturers in the coming years. The regional analysis includes reliable predictions on value and volume, thereby helping market players to gain deep insights into the overall Cosmetic industry.

Global Cosmetic Market Segment By Type:

Hair Care
Skin Care
Make-up
Fragrance
Oral Hygiene Products

Global Cosmetic Market Segment By Application:

25-34 Age
35-44 Age
45-54 Age
55-64 Age
>65 Age

Competitive Landscape

It is important for every market participant to be familiar with the competitive scenario in the global Cosmetic industry. In order to fulfill the requirements, the industry analysts have evaluated the strategic activities of the competitors to help the key players strengthen their foothold in the market and increase their competitiveness.

Key companies operating in the global Cosmetic market include: Loréal, P&G, Unilever, Estée Lauder, Shiseido, Avon, LV, Channel, Amorepacific, Jahwa, Beiersdorf, Johnson & Johnson, Jiala, INOHERB, Sisley, Revlon, Jane iredale, Henkel, Coty
 
Key questions answered in the report:

What is the growth potential of the Cosmetic market?
Which product segment will grab a lion's share?
Which regional market will emerge as a frontrunner in the coming years?
Which application segment will grow at a robust rate?
What are the growth opportunities that may emerge in the Cosmetic industry in the years to come?
What are the key challenges that the global Cosmetic market may face in the future?
Which are the leading companies in the global Cosmetic market?
Which are the key trends positively impacting the market growth?
Which are the growth strategies considered by the players to sustain their hold in the global Cosmetic market?
 
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