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Online Cosmetics Market Report, Size, Share, Growth, Trends, Forecast, Outlook To 2033
Online Cosmetics Market Report
As per the report, the online cosmetics market size has grown strongly in recent years. It will grow from $12.27 billion in 2023 to $13.36 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The online cosmetics market size is expected to see strong growth in the next few years. It will grow to $18.99 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%.
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What Is Driving The Growth Of The Global Online Cosmetics Market?
The Rising Internet Penetration Fueling Growth Of The Online Cosmetics Market.
The rising internet penetration is expected to propel the growth of the online cosmetics market going forward. Internet penetration refers to the extent to which internet access is available to a population within a particular geographic area, typically expressed as a percentage. The internet penetration is due to expanded broadband and mobile networks, government initiatives, affordability of services and devices, technological advancements, public-private partnerships, digital literacy programs, relevant content and services, and overall economic development. The increasing use of the internet revolutionized the cosmetics industry by making it more accessible, informative, and convenient for consumers worldwide.
What Is The Key Trend In The Global Online Cosmetics Market?
Kao Corporation's UNLICS Redefines Men's Beauty Standards For Gen Z
Major companies operating in the online cosmetics market are focusing on developing innovative products, such as cosmetics for Gen Z men, to cater to evolving consumer preferences and demographic trends. Cosmetics for Gen Z men are beauty and grooming products specifically designed to meet the skincare, grooming, and self-expression needs of younger male consumers born between 1997 and 2012.
How Is The Global Online Cosmetics Market Segmented?
The online cosmetics market covered in this report is segmented -
1) By Type: Skin Care, Fragrance, Makeup, Hair Care, Sun Care, Bath And Shower
2) By Category: Mass, Premium
3) By Distribution Channel: Company Website, Retail Website
4) By Application: Men, Women
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How Is The Competitive Landscape Of The Global Online Cosmetics Market?
Major companies operating in the online cosmetics market are LVMH Moët Hennessy Louis Vuitton SE, Johnson & Johnson, Parfums Christian Dior, L'Oréal S.A., Chanel S.A., Hermès International S.A., Kao Corporation, Shiseido Company Limited, Avon Products Inc., Clinique Laboratories LLC, Amorepacific Corporation, Clarins Group, Kosé Corporation, MAC Cosmetics, L'Occitane Groupe S.A., Elizabeth Arden Inc., Fenty Beauty by Rihanna, e.l.f. Cosmetics, Anastasia Beverly Hills LLC, Kiehl's LLC, Charlotte Tilbury Beauty Ltd., Bobbi Brown Professional Cosmetics Inc., NARS Cosmetics, SK-II, Kylie Cosmetics LLC
Contents Of The Global Online Cosmetics Market
1. Executive Summary
2. Online Cosmetics Market Report Structure
3. Online Cosmetics Market Trends And Strategies
4. Online Cosmetics Market - Macro Economic Scenario
5. Online Cosmetics Market Size And Growth
…..
27. Online Cosmetics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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