According to Data Bridge Market Research new Market report, global cosmetics market will account to an estimated USD 435.47 billion in 2018 growing at a CAGR of 5.1% during the forecast period of 2019 to 2026.
This Global Cosmetics Market report generally comprises of absolute and distinct analysis of the market drivers and restraints, major market players involved in this industry, analysis of the market segmentation, and competitive analysis of the key players. The report also endows with evaluations based on the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The moves or actions of major market players and brands are analysed in the Global Cosmetics Market report that range from product developments, products launches, acquisitions, mergers, joint ventures, and future products to technologies.
The global Global Cosmetics Market market report consists of all the company profiles of the major players and brands in the market place. In addition, the Global Cosmetics Market report also brings into focus the new highs that will be made by the ABC industry in the forecast period 2018 – 2015. With the market insights provided in the report it becomes easy to gain a more precise understanding of the market landscape, issues that may takes place for the ABC industry in the future, and how to position specific brands in the best possible manner. XYZ is a promising, client-centric, and reliable market research report which accomplishes client’s business needs.
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Major Players profiled in this report:
Few of the major competitors currently working in the cosmetics market are LOreal International, Avon Products, Inc., Procter & Gamble, Unilever, Oriflame Cosmetics AG, REVLON, Kao Corporation, The Estée Lauder Companies Inc., Skin Food, Johnson & Johnson Services, Inc., Bayer AG, Henkel AG & Co. KGaA, Clarins, Alticor Inc., Mary Kay Inc., Beiersdorf AG, Yves Rocher, Shiseido Co.,Ltd, Maybelline New York and Nykaa E-Retail Pvt. Ltd.
Global Cosmetics Market:
Cosmetics are chemically produced substances or commodity that is used in the alteration of human characteristics & features. These products are usually applied on the face, hair or body of the individuals. Most of these products are produced through chemical processing with the ingredients acquired from natural sources.
Segmentation: Global Cosmetics Market
Global cosmetics market is segmented on the basis of category, distribution channel, gender and geography.
By Category (Skin & Sun Care Products, Hair Care Products, Deodorants, Fragrances, Makeup & Color Cosmetics), Distribution Channel (Retail Sale, Online Sale), Gender (Men, Women) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
FACTORS DRIVING GROWTH IN COSMETICS MARKET:
According to Organization for Economic Co-Operation and Development (OECD), there has been a steady rise in the levels of disposable income in the European Union for top five countries with the highest level of disposable income per capita. This has seen the per capita income of Luxembourg rise from USD 42.21 in 2016 to USD 44.45 in 2017; Germany’s has risen from USD 37.48 in 2016 to USD 39 in 2017; Austria’s has risen from USD 35.65 in 2016 to USD 36.17 in 2017; France’s has risen from USD 33.03 in 2016 to USD 34.04 in 2017; Belgium’s has risen from USD 32.97 in 2016 to USD 33.95 in 2017.
This growth of the per capita disposable income is expected to positively drive the growth of the cosmetics market.
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