About Cosmetics Products
Cosmetics are the products that are usually used to enhance the outer beauty or else is used to change the appearance of the face, fragrance as well as the texture of the body. Various cosmetics are designed for use of applying to the face and body, in order to nourish the outer beauty. Moreover, they are generally mixtures of chemical compounds that are derived from natural sources namely coconut oil, as well as other substances. Furthermore, these cosmetics are also known as makeup which includes items such as; lipstick, mascara, eye shadow, foundation, blush, highlighter, bronzer, and several other products epically for women. These cosmetics are bifurcated in several different genres such as products that can be applied to the face skin-care creams, lipsticks, eye, and facial makeup and many more, to the body deodorants, lotions, powders, perfumes, baby products, bath oils and many more.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The cosmetic products market is highly fragmented owing to the number of players present in the market. Market leaders are focusing on product innovation owing to the increasing demand for natural ingredients in cosmetic products. Such niche level up-gradation is expected to maintain demand for cosmetics, thereby ensuring long-standing of the industry. Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global Cosmetics Products market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
L'Oreal (France), LVMH (France), Shiseido (Japan), Amway (United States), Revlon, Inc. (United States), Lakme Cosmetics (India), P & G (United States), Oriflame Cosmetics S.A (Switzerland), Unilever PLC (United Kingdom), LG Household & Health Care (South Korea), Versace (Italy), Maybelline LLC (United States), Colorbar Cosmetics Pvt. Ltd (India), 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 coverage are Kao Corporation (Japan), cosnova GmbH (Germany), Logocos Naturkosmetik AG (Germany), JUICE BEAUTY (United States) and Yves Rocher SA (France).
Segmentation Overview
AMA Research has segmented the market of Global Cosmetics Products market by Type (Skin Care, Color Cosmetics, Hair Care, Nail Care, Oral Care, Perfumery & Deodorants and Others), Application (Personal Use and Commercial Use) and Region.
On the basis of geography, the market of Cosmetics Products 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). If we see Market by Nature of Product, the sub-segment i.e. Natural and Organic will boost the Cosmetics Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. General Departmental Stores will boost the Cosmetics Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Primary Packaging will boost the Cosmetics Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Trend of the Use of Natural Ingredients in Cosmetic Products, Growing In a Trend of Demand for Skin and Sun Care Products Due To Varying Climatic Conditions and Increasing Trends of Online Sales of Cosmetic Products
Market Growth Drivers:
Improvement in the Current Lifestyles of the Individuals Is Majorly Affecting the Cosmetics Market and Growing Conscious Regarding the Usage of Cosmetics in Day To Day Life to Step Up the Style Quotient and Overall Personality
Challenges:
Availability of Counterfeit Products, Advanced Medical Beauty Treatments, Easy Availability of Forged Products and High Competition Among the Players
Restraints:
Increasing Awareness about the Probable Side Effects of Cosmetics and Elongated Time for New Product Launches
Opportunities:
The Global Rise in GDP and Economies across Various Regions, Changing Packaging Styles and Attractive Marketing Strategies Create Opportunities for the Cosmetic Products Market and Rising Product Innovation According To Customer Preferences Hence Allowing Customization of Cosmetic Products
Cosmetics products are subjected to stringent regulatory guidelines as it affects human health. EU Regulation (EC) No 1223/2009 on cosmetic products makes it an offense to supply a cosmetic product that may cause damage to human health or that contains specific restricted or prohibited substances.
Key Target Audience
Cosmetics Companies, Potential Investors, Research Institute, Government Agencies, Market Research Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.