AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Beauty Care Products market - Global outlook to 2027". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Beauty Care Products market to grow at a CAGR of 7.1% to aggregate USD805.61 Billion by 2027.
The Types, such as Vegan, is boosting the Beauty Care Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Distribution Channel, such as Direct Selling, is boosting the Beauty Care Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End User, such as Women, is boosting the Beauty Care Products market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Beauty Care Products market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Rising adoption and implementation of Augmented Reality in the beauty industry, Growing demand for anti-aging products, Innovative and eco-friendly packaging designs and Growing demand for men’s grooming products.
Beauty care products industry is composed of hair care, bath products, skin care, cosmetics and personal care. The sector is driven due to rising income, rapid urbanisation, and promotions with the help of celebrity. This industry accounts for the country’s fast-moving consumer goods (FMCG), which is the term for Consumer Packaged Goods. The market of the beauty care products is increasing due to the growing anti ageing treatment, moreover the grooming products for man is also increasing due to the rising beauty care habit by them
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Beauty Care Products market by Type (Skin Care/Sun Care, Hair Care, Makeup & Color Cosmetic Products, Deodorants/Fragrances and Others), by Application (Professional Salons and Household) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market