A recent report published by Infinium Global Research on cosmetic products market provides in-depth analysis of segments and sub-segments in the global as well as regional cosmetic products market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional cosmetic products market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global cosmetic products market. According to the report, the global cosmetic products market is projected to grow at a CAGR of 6.2% over the forecast period of 2019-2025.
The cosmetic products specially used by humans on various body parts including skin, eyes, lips, eyebrow, hair, etc. Cosmetic are generally applied by spraying, introduced, rubbing on or in the human body for cleansing and beautifying the skin. It is mostly utilized for grooming by a human, largely used in the film industry and fashion. Cosmetic products industry is one of those industries that remained growing and unaffected after the economic recession in various major economies.
The global cosmetic products market is primarily driven by the development of innovative and new products as per the changing needs of customers. Moreover, the rising demand for the cosmetic product worldwide for cleaning and beautifying skin and hair is expected to fuel the market growth in the near future. However, cases of side effects and adverse reactions and certain products despite many of the beauty products are safe for use is expected to hinder the demand for global cosmetic products market. Nonetheless, a variety of cosmetic products are available on e-commerce websites for online buy is anticipated to create a new opportunity for the global cosmetic products market.
On the basis of region, the global cosmetic products market is bifurcated into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Europe held the largest revenue share for global cosmetic products market in 2018 owing to large scale expenditure on personal care and beauty product in the region and the large scale use of luxuries beauty products in the region. The Asia Pacific is estimated to be the fastest-growing region within the projected years owing to the influence towards the cosmetic products made by foreign company and tendency of youth towards use, such product has made a change in developing countries including China, India, etc.
The report on global cosmetic products market covers segments such as product, form, and application. On the basis of product, the sub-markets include color cosmetics, skin care products, personal care products, hair care products, fragrances, and oral care products. On the basis of form, the sub-markets include solutions, lotions, tablets, ointments, creams, suspensions, sticks, powders, aerosols, and gels. On the basis of application, the sub-markets include eyebrows, hair, face, lips, eyes, and nails.
The report provides profiles of the companies in the market such as Alticor, Avon Products Inc., Shiseido, Oriflame Cosmetics Global SA, The Estee Lauder Companies Inc., Beiersdorf AG, Mary Kay Inc., Procter & Gamble, Revlon Inc., and Yves Rocher.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of cosmetic products market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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