Cosmetics Market Size, Development, Trends, Demand and Forecast to 2022-27-IMARC Group

According to the latest report of the IMARC group, entitled “Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027. ‘ the global cosmetics market reached a value of US$357.5 billion in 2021. Cosmetics refers to a mixture consisting of various chemical compounds extracted from multiple natural and synthetic sources. These include perfumes, shaving creams, skin moisturizers, shampoos, hair coloring products and functional consumer goods for personal care. Cosmetics help protect the wearer against ultraviolet (UV) rays, correct body odor, improve physical appearance, minimize acne, and cleanse, beautify, and improve overall skin health. Due to these properties, cosmetics are widely used by men and women across the world.

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The global cosmetics market is primarily driven by the rising prevalence of various dermatological disorders and other skin-related complications. This is further supported by the growing awareness of beauty and awareness among consumers of the mental and social benefits associated with the use of cosmetics. Additionally, the increase in personal care product purchases due to disposable income inflation, strong social media influence and the implementation of aggressive marketing strategies, such as celebrity endorsements, propels market growth. Apart from this, strategic collaborations between key players for the introduction of non-genetically modified (non-GMO) premium organisms, natural cosmetic products in innovative packaging and their easy availability on different distribution channels are helping in the growth of the market. Looking ahead, IMARC Group expects the market to reach US$508.3 billion by 2027 growing at a CAGR of 5.95% during the period 2022-2027.

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As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as consumer behaviors in the industry around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.

Key Market Segmentation:

Competitive Landscape:

  • Amway Corp.
  • Avon Products Inc.
  • Beiersdorf AG
  • Henkel AG & Co. KGaA
  • Kao Corporation
  • L’Oreal SA
  • Oriflame Cosmetics SA
  • Procter & Gamble Company
  • Revlon Inc. (MacAndrews & Forbes Incorporated)
  • Shiseido Company Limited
  • Skinfood Co. Ltd
  • The Estee Lauder Companies Inc.
  • Unilever plc.

Breakdown by product type:

  • Skin care and sun care products
  • Hair care products
  • Deodorants and perfumes
  • Make-up and color cosmetics
  • Others

Breakdown by category:

Breakdown by sex:

Breakdown by distribution channel:

  • Supermarkets and Hypermarkets
  • Specialty stores
  • Pharmacies
  • Online stores
  • Others

Breakdown by region:

  • North America (USA, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)

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To note: We update our reports, if you want the report with the latest primary and secondary data (2022-2027), including industry trends, market size and competitive landscape etc. Click request a free sample report, the published report will be delivered to you in PDF format via email within 24-48 hours.

Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market trends
  • Market drivers and success factors
  • Impact of COVID-19
  • Value chain analysis
  • Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

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About Us:

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

Our offerings include comprehensive market information in the form of research reports, production cost reports, feasibility studies and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our client base, ranging from small and medium-sized businesses to Fortune 1000 companies.

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