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Cosmetics Market Size, Share, Price, Demand, Forecast 2021-2030: Precedence Research

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The cosmetics market was exceeded US$ 341.1 billion in 2020 and is projected to reach US$ 480.4 billion by 2030, expanding at an annual CAGR of 5.1 percent, according to a 2021 study by Precedence Research, the Canada-based market Insight Company. The report contains 150+ pages with detailed analysis.

The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2030. The dairy products market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit).

Any substance that can be utilized in enhancing the physical appearance of the user is referred to as cosmetics. It includes lipsticks, nail polishes, hair colors, skin moisturizers, concealers, perfumes, shampoos and many others. It also helps in providing wonderful fragrance to the body of the consumer that amplifies their physical appeal. In recent years, the cosmetics products have become essential goods in the day to day life. Furthermore, the continuous innovation in the cosmetics product carried out by the multinational corporations in order to meet the specific requirements of the customers has amplified the cosmetics market across the globe.

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Market Report Scope

Report Highlights Details
Market Size USD 480.4 Billion by 2030
Growth Rate CAGR of 5.1% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Categort, Gender, Distribution Channel

Competition Landscape

In the final section of the research report, Precedence Research provided the global cosmetics market structure and a detailed competition landscape to provide a dashboard view of key players operating in the cosmetics market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.

Some of the major players in the cosmetics market include:

Avon Products Inc., Kao Corporation, L’Oreal S.A., Oriflame Cosmetics S.A., Revlon, Inc., Shiseido Company Limited, Skin Food Co., Ltd., The Estee Lauder Companies Inc., The Procter & Gamble Company and Unilever Plc.

Crucial factors accountable for market growth are:

  • The surge in demand for organic cosmetics products.
  • Promotion on the ecommerce platforms by the major market players.
  • The rapid growth in consumers disposable income.
  • Increasing demand for maintaining a presentable appeal.
  • Rapid innovation of the cosmetics products by the multinational companies.
  • Extensive marketing of the cosmetics products.

Report Highlights

  • The skin care segment, of the cosmetic market holds the largest market share and generates huge revenues. The awareness among the customers regarding a pleasant appeal has boosted the growth in demand for the skin care products.
  • On the basis on gender, the women segment in terms of market share and is projected to grow with a significant CAGR during the forecast period.
  • The rise in urbanization and surge in customers disposable income has facilitated the growth of cosmetics products.
  • By Geography, Europe leads the cosmetics market by revenues share because of rise in use of anti-aging cosmetic products in this region.

Market Dynamics

Driver

The rising consumer demand for various skin care products such as creams, lotions, peels and many others have significantly contributed towards the growth of the cosmetics market. Additionally, the surge in demand for anti-aging products, natural and organic beauty products is expected to drivethe growth of the cosmetics market.Furthermore, the rising consumer awareness and surge in customer disposable income is anticipated to fuel the growth of the cosmetics market.

Restraint

In the recent years, there has been a shift towards the organics and herbal products across the globe owing to the side effects from the use of the cosmetic products and this is expected to act as a major restraining factor that will hamper the growth of the cosmetics market. Moreover, with the evolution of technologies advanced beauty care treatments have been developed and this attribute has the potential to retrain the growth of the cosmetics market.

Opportunity

In the past decade, there have been a significant development of the ecommerce industry and the majority of sale of the cosmetics products takes place through these ecommerce platforms. Hence, the major players in the cosmetics market can utilize these ecommerce platforms to run an impressive marketing campaign in order to amplify their sales.

Challenges

A large number of customers have become cautious towards the side effects of extensively using the cosmetics products and therefore, desire to shift towards organic and herbal products. The major challenge among the players would be to rebuildthe trust among the customers regarding the safety of their cosmetic products in the long run by eradicating the side effects that may be caused by the extensive use of the cosmetic products.

Recent Developments

  • In 17th September, 2021 Shiseido Company, Limited completed the construction of its Osaka Ibaraki Factory and West Japan Distribution Center in Ibaraki City, Osaka. This will help in building the supply chain base for the production and distribution of prestige skincare products.
  • In 2nd August, 2021 London – Unilever announced today that, it has completed the acquisition of Paula’s Choice, the digital-led skin care brand. This will help in developing Unilever’s portfolio in the high growth premium skin care segment.
  • In 23rd June, 2021 L’Oréal announces the creation of a new Europe Zone to be led by Vianney Derville. This organizational change has been designed to put in place the optimum conditions that will help in driving future growth.

Market Segmentation

By Category

  • Skin & sun care products
  • Hair care products
  • Deodorants & fragrances
  • Makeup & color cosmetics

By Gender

  • Men
  • Women
  • Unisex

By Distribution Channel

  • Hypermarkets/Supermarkets
  • Specialty Stores
  • Pharmacies
  • Online sales channels
  • Other

Regional Segmentation

– North America (U.S. and Canada)

 – Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and

Questionnaire based research etc.

  • In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Most Asked Questions –

  • What was the market size value of the cosmetics in 2020?
  • What is the expected market size by 2030?
  • What is the cosmetics market growth?
  • What are the key factors that positively influence market growth?
  • Who are the prominent players in the cosmetics market?

Why should you invest in this report?

If you are aiming to enter the global cosmetics market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for cosmetics are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Purchase Full Research Report (Single User License US$ 4500) @ https://www.precedenceresearch.com/checkout/1291

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics

5.1.1. Market Drivers

5.1.2. Market Restraints

5.1.3. Market Opportunities

5.2. Porter’s Five Forces Analysis

5.2.1. Bargaining power of suppliers

5.2.2. Bargaining power of buyers

5.2.3. Threat of substitute

5.2.4. Threat of new entrants

5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis

6.1.2. Key Strategies Adopted by Players

6.1.3. Vendor Landscape

6.1.3.1. List of Suppliers

6.1.3.2. List of Buyers

Chapter 7. Global Cosmetics Market, By Category

7.1. Cosmetics Market, by Category Type, 2021-2030

7.1.1. Skin & sun care products

7.1.1.1. Market Revenue and Forecast (2017-2030)

7.1.2. Hair care products

7.1.2.1. Market Revenue and Forecast (2017-2030)

7.1.3. Deodorants & fragrances

7.1.3.1. Market Revenue and Forecast (2017-2030)

7.1.4. Makeup & color cosmetics

7.1.4.1. Market Revenue and Forecast (2017-2030)

Chapter 8. Global Cosmetics Market, By Gender

8.1. Cosmetics Market, by Gender, 2021-2030

8.1.1. Men

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Women

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Unisex

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Cosmetics Market, By Distribution Channel 

9.1. Cosmetics Market, by Distribution Channel, 2021-2030

9.1.1. Hypermarkets/Supermarkets

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Specialty Stores

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Pharmacies

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Online sales channels

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Others

9.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Cosmetics Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Category (2017-2030)

10.1.2. Market Revenue and Forecast, by Gender (2017-2030)

10.1.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.1.4. U.S.

10.1.4.1. Market Revenue and Forecast, by Category (2017-2030)

10.1.4.2. Market Revenue and Forecast, by Gender (2017-2030)

10.1.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.1.5. Rest of North America

10.1.5.1. Market Revenue and Forecast, by Category (2017-2030)

10.1.5.2. Market Revenue and Forecast, by Gender (2017-2030)

10.1.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2. Europe

10.2.1. Market Revenue and Forecast, by Category (2017-2030)

10.2.2. Market Revenue and Forecast, by Gender (2017-2030)

10.2.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2.4. UK

10.2.4.1. Market Revenue and Forecast, by Category (2017-2030)

10.2.4.2. Market Revenue and Forecast, by Gender (2017-2030)

10.2.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2.5. Germany

10.2.5.1. Market Revenue and Forecast, by Category (2017-2030)

10.2.5.2. Market Revenue and Forecast, by Gender (2017-2030)

10.2.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2.6. France

10.2.6.1. Market Revenue and Forecast, by Category (2017-2030)

10.2.6.2. Market Revenue and Forecast, by Gender (2017-2030)

10.2.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.2.7. Rest of Europe

10.2.7.1. Market Revenue and Forecast, by Category (2017-2030)

10.2.7.2. Market Revenue and Forecast, by Gender (2017-2030)

10.2.7.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3. APAC

10.3.1. Market Revenue and Forecast, by Category (2017-2030)

10.3.2. Market Revenue and Forecast, by Gender (2017-2030)

10.3.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3.4. India

10.3.4.1. Market Revenue and Forecast, by Category (2017-2030)

10.3.4.2. Market Revenue and Forecast, by Gender (2017-2030)

10.3.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3.5. China

10.3.5.1. Market Revenue and Forecast, by Category (2017-2030)

10.3.5.2. Market Revenue and Forecast, by Gender (2017-2030)

10.3.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3.6. Japan

10.3.6.1. Market Revenue and Forecast, by Category (2017-2030)

10.3.6.2. Market Revenue and Forecast, by Gender (2017-2030)

10.3.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.3.7. Rest of APAC

10.3.7.1. Market Revenue and Forecast, by Category (2017-2030)

10.3.7.2. Market Revenue and Forecast, by Gender (2017-2030)

10.3.7.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4. MEA

10.4.1. Market Revenue and Forecast, by Category (2017-2030)

10.4.2. Market Revenue and Forecast, by Gender (2017-2030)

10.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4.4. GCC

10.4.4.1. Market Revenue and Forecast, by Category (2017-2030)

10.4.4.2. Market Revenue and Forecast, by Gender (2017-2030)

10.4.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4.5. North Africa

10.4.5.1. Market Revenue and Forecast, by Category (2017-2030)

10.4.5.2. Market Revenue and Forecast, by Gender (2017-2030)

10.4.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4.6. South Africa

10.4.6.1. Market Revenue and Forecast, by Category (2017-2030)

10.4.6.2. Market Revenue and Forecast, by Gender (2017-2030)

10.4.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.4.7. Rest of MEA

10.4.7.1. Market Revenue and Forecast, by Category (2017-2030)

10.4.7.2. Market Revenue and Forecast, by Gender (2017-2030)

10.4.7.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Category (2017-2030)

10.5.2. Market Revenue and Forecast, by Gender (2017-2030)

10.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.5.4. Brazil

10.5.4.1. Market Revenue and Forecast, by Category (2017-2030)

10.5.4.2. Market Revenue and Forecast, by Gender (2017-2030)

10.5.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

10.5.5. Rest of LATAM

10.5.5.1. Market Revenue and Forecast, by Category (2017-2030)

10.5.5.2. Market Revenue and Forecast, by Gender (2017-2030)

10.5.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)

Chapter 11. Company Profiles

11.1. Avon Products Inc.

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. Kao Corporation

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. L’Oreal S.A.

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Oriflame Cosmetics S.A.

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Revlon, Inc.

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Shiseido Company Limited

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. Skin Food Co., Ltd.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. The Estee Lauder Companies Inc.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. The Procter & Gamble Company

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Unilever Plc.

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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