Cosmetic Products Market Size, Share, Growth Report 2032

The global Cosmetic Products market Size accrued earnings worth approximately 383.01 (USD Billion) in 2020 and is predicted to gain revenue of about 473.21 (USD Billion) by 2028, is set to record  CAGR of nearly 5.5% over the period from 2021 to 2028. The report offers an assessment and analysis of the Cosmetic Products Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

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Cosmetic Products Market: Overview

Cosmetics are substances applied to the body meant to change the look, texture, and appearance of the product. Moreover, cosmetic products are available in natural form as well as synthetic form. They are available in various kinds such as eye shadow, blush, mascara, lipstick, and bronzer. These fall under various categories including hair care products, personal care items, skincare items, color cosmetics, oral care products, and fragrances. Moreover, cosmetic products are utilized by women belonging to all age groups.

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Cosmetic Products Market: Growth Drivers

Growth of cosmetic products market over anticipated timeline is due to technological breakthroughs in cosmetic product manufacturing and rise in per capita income of consumers. In addition to this, changing lifestyles and altering fashion trends is set to create new growth avenues for cosmetic products industry. Launching of new product launches and entry of new players in cosmetic products industry will prompt market expansion. Surge in web penetration across globe has provided impetus to growth of cosmetic products market. However, wide utilization of color cosmetics for lips & eyes can cause skin disorders & health hazards. Apparently, side effects caused due to cosmetic use can hinder growth of cosmetic products industry.

Cosmetic Products Market Report Scope

Regional Landscape

North America To Account Majorly Towards Regional Market Size By 2028

Surge in growth of cosmetic products industry in North America can be attributed to changing life patterns as well as improvement in living standards of people in the U.S. Apparently, presence of giant players in the sub-continent such as Avon Products, Inc., MAC Cosmetics, Maybelline Cosmetics, The Estee Lauder Companies Inc., and Clinique Laboratories, LLC will not only contribute towards product sales in region but are predicted to provide new vistas of growth for cosmetic products market in North America over forecasting period.

Competitive Landscape

Key participants profiled in study and influencing market growth are

• Alticor
• Oriflame Holding AG
• Beiersdorf AG
• Yves Rocher
• The Estee Lauder Companies Inc.
• Unilever PLC
• Mary Kay Inc.
• Revlon Inc.
• Kao Corp.
• Shiseido Company
• Limited
• Avon Products Inc.
• The Procter & Gamble Company
• L’Oreal S.A.

The global Cosmetic Products Market is segmented as follows:

By Application

• Lips
• Eyes
• Eyebrows
• Nails
• Face

By Distribution Channel

• Supermarkets
• Departmental Stores
• Online
• Beauty Salons
• Specialty Stores
• Direct Selling
• Pharmacy

By Product

• Skin Care Products
• Hair Care Products
• Color Cosmetics
• Fragrances
• Personal Care Products
• Oral Care Products

By Form

• Solutions
• Creams
• Lotions
• Ointments
• Suspensions
• Tablets
• Powders
• Gels
• Sticks
• Aerosols

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa