The "Global Cosmetics Market - by Product type, Ingredient, Region - Market Size, Demand Forecasts, Industry Trends and Updates (2018-2025)" report has been added to ResearchAndMarkets.com's offering.
The global Cosmetic market is 507.75 billion USD in 2018 and is estimated to reach 758.45 billion USD by 2025 growing at a rate of 5.9%.
Of the cosmetic products, Skin care has the highest market share while Oral Cosmetics would be the fastest growing market during the forecasted period.
Drivers vs. Constraints
- E-Retail / Online Shopping
- Rise in disposable income
- Travel Retail
- Product Innovation
- Consumer perception of the products causing side effects
- Unregulated market
The sale of cosmetics is seeing a shift from being traditionally purchased to buying online. Moreover, increase in spending income, especially in the developing countries is driving the market.
In addition to the above factors, other factors acting as drivers/constraints to the industry are available in the report along with a detailed description of their impact on the market.
APAC leads the cosmetic industry with a market share of 35% in 2018, followed by Western Europe and North America. The high market share of Asia Pacific region is attributed to the fact that customers are relatively beauty conscious. Moreover, with the expected growth rate being highest among all regions, APAC is the region of focus for the cosmetics providers.
Industry Trends and Updates
Companies are focusing on bringing in products specific to the consumer requirement. Gender specific products are also increasing at a rapid pace.
Growing concerns on the long term effects due to usage of cosmetics is forcing the companies to bring in organic products as well. This market is expected to increase during the forecast period.
Focus on Packaging
Packaging is viewed as a differentiator mainly for the FMCG products since the brand image the company projects are viewed at the retail shelf by the consumer. Thus, it is very critical for every company to provide unique packaging solutions
Customers are buying the products that are appealing to them both in terms of core use as well as its aesthetic appeal. Big retail stores like Wal-Mart is choosing the products that are to be kept on their shelf based on these factors.
Apart from these, the report contains many more trends on the market. In addition to these, the report talks about latest happenings in the report in terms of mergers and acquisitions, expansions - adding new plants / increasing capacity in existing plants, renovations, etc. in detail.
- Procter & Gamble
- Johnson & Johnson
- Hindistan Unilever
- Estee Lauder
Key Topics Covered
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Cosmetics Market Segmentation, Forecasts And Trends - by Product Type
6. Global Cosmetics Market Segmentation, Forecasts And Trends - by Ingredient
7. Global Cosmetics Market Segmentation, Forecasts And Trends - by Region
8. Global Vendor Market Share Analysis
9. Competitive Intelligence - Company Profiles
10. Investment Analysis
11. Future of the Cosmetics Market
For more information about this report visit https://www.researchandmarkets.com/research/cdfxmx/global_cosmetics?w=4