Press release
Cosmetics Market Size and Share 2027: Top Companies Analysis, In-Depth Insight, Business Opportunities And Forecast
According to the latest report by IMARC Group, titled "Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.' 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 are products applied to the body by rubbing, pouring, sprinkling, or spraying to cleanse, beautify, promote attractiveness, or alter the physical appearance. It consists of a mixture of several chemical synthetics and natural compounds. Decorative, skincare, perfumes, make-up, and hair care are some of the commonly available product variants. Currently, cosmetic products are witnessing a massive surge in demand as they help conceal blemishes, change the appearance of the face, and enhance natural features.
Request for a PDF Sample of this Report: https://www.imarcgroup.com/cosmetics-market/requestsample
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Cosmetics Market Trends:
The increasing consumer consciousness regarding skin care and the surging per capita income are some of the key factors primarily boosting the market growth. This is further supported by the rising use of cosmetics among men and the launch of genderless beauty products by leading manufacturers. In line with this, evolving consumer lifestyles, the rising influence of social media, and the increasing working populace are other factors significantly contributing to the market growth. Apart from this, the surging demand for organic cosmetics has compelled key players to introduce product variants with natural and vegan ingredients in appealing packaging, which, in turn, is providing an impetus to the market growth. Other factors, such as easy product availability in hypermarkets, online retail stores, and supermarkets, shifting focus on maintaining a youthful appearance, and growing demand for customized cosmetic products, are creating a positive outlook for the market.
Cosmetics Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the cosmetics market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
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.
Key Market Segmentation
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)
Ask Analyst for Customization and Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=4418&flag=C
We are updating our reports, If you want the report with the latest primary and secondary data (2023-2028) 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.
Contact Us:
IMARC Group
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Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800
About Us:
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.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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