Womens Cosmetics Market Scope
Women cosmetics, commonly known as make up, are applied on face to increase aesthetic appeal. Various cosmetics are lipstick, mascara, foundation and others. Changing climatic conditions and fashion statements have kept cosmetic companies at toes as they are relying on products innovations.
According to AMA, the Global Womens Cosmetics market is expected to see growth rate of 3.8%
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Womens Cosmetics market throughout the predicted period.
Z Bigatti Labs [United States], L'Oreal [France], LVMH [France], Shiseido [Japan], P & G [United States], LG Household & Health Care [South Korea], Versace [Italy], Estee Lauder [United States] and BENETTON [Italy] are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Unilever PLC [United Kingdom], Oriflame Cosmetics S.A [Switzerland], Revlon, Inc. [United States], Kao Corporation [Japan], Skin Food [South Korea] and cosnova GmbH [Germany].
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Womens Cosmetics market by Type (Skin Care, Color Women Cosmetics, Hair Care, Nail Care, Oral Care, Perfumery & Deodorants and Aesthetics & Dermatology Machines), by Application (Personal Care and Professional Beauty) and Region with country level break-up.
On the basis of geography, the market of Womens Cosmetics has been segmented into 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).
Cosmetics products are subjected to stringent regulatory guidelines as it affects the human health. . EU Regulation (EC) No 1223/2009 on cosmetic products makes it an offence to supply a cosmetic product that may cause damage to human health or that contains specific restricted or prohibited substances.
Market Trend
- Inclination Towards Organic Products
- Products Innovations to Meet Changing Fashion Statement
Market Drivers
- Increasing Grooming Industry
- Need for Skin Care Products Owing to Changing Climatic Conditions
Opportunities
- Growing E-commerce Industries
- Rising Disposable Income in Emerging Countries
Restraints
- Availability of Counterfeited Products
- Harmful Health Effect of Cosmetics
Challenges
- High Competition Among Vendors
- Sustainable Packaging
- Transparency and Tractability in Ingredient Supply Chains
Key Target Audience
Cosmetics Companies, Potential Investors, Research Institute and Government Agencies