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Japan Cosmetics Market Size, Industry Share, Top Players, Growing Trends and Statistics Report 2023-2028
Japan Cosmetics Market
How Big Is the Japan Cosmetics Market?
The Japan cosmetics market is projected to exhibit a growth rate (CAGR) of 2.77% during 2023-2028. The rising geriatric population, rapid technological advancements and product innovations, growing demand for organic and natural products, and the implementation of supportive policies by the Government of Japan represent some of the key factors driving the market.
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Industry Overview of Japan Cosmetics Market
Cosmetics are substances applied to the skin, hair, and body to enhance or alter appearance. They include a wide range of products, such as mascara, cream, lotion, serum, cleansers, moisturizers, and other products. They are available in diverse textures, which include creamy foundations and powdery eyeshadows. They offer a broad spectrum of colors to suit various skin tones and preferences. They are designed to be compatible with different skin types, which ensure minimal irritation and allergic reactions. They help in accentuating features, covering imperfections, and boosting confidence. They provide a protective barrier against environmental factors, such as ultraviolet (UV) rays. Besides this, as they aid in nourishing the skin, the demand for cosmetics is increasing across Japan.
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Japan Cosmetics Market Trends and Drivers:
The increasing working women population and rising expenditure capacity represents one of the key factors positively influencing the market. The growing aging population in Japan is also catalyzing the demand for skincare products targeting wrinkles, age spots, and other age-related concerns. Additionally, the rising prevalence of dermatological problems like excessive hair fall is favoring the market growth. The shifting preference for cosmetics and personal care products infused with natural and herbal ingredients is also attracting a wider consumer base. Along with this, the growing consciousness among Japanese to enhance their physical appearance and personal grooming is propelling the market growth. Apart from this, various leading brands are continuously launching innovative products that cater to specific skin types, concerns, and desired effects, which is offering a favorable market outlook. Furthermore, the rising popularity of certain cultural styles, such as bold Western makeup and the escalating demand for Korean beauty products (K-Beauty) in Japan is encouraging domestic brands to expand their product portfolio and attract a wider consumer base. Moreover, increasing influence of social media platforms, especially beauty and fashion vlogging channels, is strengthening the growth of the market. Besides this, growing concerns associated with the adverse effects of harmful chemicals are leading to the introduction of chemical-free products formulated using natural and organic components to prevent allergies and infections. In addition, various celebrities are launching their own makeup products and endorsing certain brands, which is creating a positive market outlook. Moreover, the Japanese tradition of presenting gift sets and beautifully packaged products on special occasions and festivals is supporting the market growth. The emergence of gender-neutral beauty products is also positively influencing the market. Furthermore, the easy availability of personal care and cosmetic products across online distribution channels at discounted rates is augmenting the market growth.
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What Is Included In Market Segmentation?
The report has been segmented the market into following categories:
Product Type Insights:
• Skin and Sun Care Products
• Hair Care Products
• Deodorants and Fragrances
• Makeup and Color Cosmetics
• Others
Category Insights:
• Conventional
• Organic
Gender Insights:
• Men
• Women
• Unisex
Distribution Channel Insights:
• Supermarkets and Hypermarkets
• Specialty Stores
• Pharmacies
• Online Stores
• Others
Regional Insights:
• Kanto Region
• Kinki Region
• Central/Chubu Region
• Kyushu-Okinawa Region
• Tohoku Region
• Chugoku Region
• Hokkaido Region
• Shikoku Region
Key highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape
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