A recent report published by Infinium Global Research on salon cosmetics market provides in-depth analysis of segments and sub-segments in the global as well as regional salon cosmetics market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional salon cosmetics market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global salon cosmetics market. According to the report, the global salon cosmetics market is projected to grow at a Robust CAGR of the forecast period of 2019-2025.
Salon cosmetics market include beauty products used in a salon to provide services related to skin, hair, nails, facial aesthetic and innumerable other services. Several beauty professionals use these products to enrich the appearance of the clients. Salons use low low-key to high-end cosmetic products. The salon cosmetics includes products such as cleansers, facial kits, waxing creams, hair care products, essential oils, fragrances, nail care products, and several makeup products.
The rise in the number of beauty salons, nail salons and hair and beauty salons over the last decade primarily drives the growth of the salon cosmetics market. The changing beauty landscape among the consumers is fueling the growth of the beauty salon industry. The beauty salon industry has been growing rapidly owing to the rising beauty consciousness among the millennial population, increasing spending on personal grooming and heightened purchasing power among women. In addition, the growing urban population, favorable demographics, and easy availability of branded cosmetics are anticipated to increase the consumption of salon cosmetics, thus driving the growth of the salon cosmetics market.
The changes in consumption patterns and lifestyles have caused premature aging of the skin. The rising demand for maintaining a youthful appearance from all genres is resulting in the growth of the anti-aging treatment in salons, hence contributing to the growth of the salon cosmetics market. However, the ever-changing demands of the customer owing to the changing beauty trends act as a challenge for the growth of the salon cosmetics market. Moreover, emergence for functional and organic salon cosmetics that address the needs of the next generation of beauty consumers creates favorable growth opportunities for the emerging salon cosmetics manufacturers.
The Asia Pacific dominates the salon cosmetics market. In the Asia Pacific region, the number of older people in the Asia-Pacific region is rising at an unprecedented rate. The growing demand for anti-aging beauty therapies from countries such as China, Japan, Korea, and India are expected to boost the Asia Pacific salon cosmetics market. The growth of woman in the workforce also contributes to the growth of the Asia Pacific salon cosmetics market. North America holds the second largest share in the salon cosmetics market. The increased disposable income, high spending on grooming and growth of male grooming services favors the salon cosmetics market.
The report on global salon cosmetics market covers segments such as distribution channel, and product. On the basis of the distribution channel, the sub-markets include retail sales and online sales. On the basis of product, the sub-markets include skin care, hair care, makeup & color cosmetics, fragrances, personal care, nail care products, and others.
The report provides profiles of the companies in the market such as L'Oreal, Unilever, Estée Lauder Inc., Procter & Gamble, Avon Products, Inc., Johnson & Johnson, Shiseido Company, Limited, Beiersdorf AG, Kao Corporation, and LVMH.
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 salon cosmetics 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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