The global Cosmetic Products market 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 a CAGR of nearly 5.5% over the period from 2021 to 2028.
The global Cosmetic Products market 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 a CAGR of nearly 5.5% over the period from 2021 to 2028. The report offers 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).
Cosmetic Products Market: Overview
Cosmetics are substances applied on body meant to change 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, skin care items, color cosmetics, oral care products, and fragrances. Moreover, cosmetic products are utilized by women belonging to all age groups.
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.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
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, and L’Oreal S.A.
The global Cosmetic Products Market is segmented as follows:
By Application
By Distribution Channel
By Product
By Form
By Region
List of Figures
1. Market research Type
2. Market research methodology
3. Global Cosmetic Products Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Cosmetic Products Market attractiveness, By Application
6. Global Cosmetic Products Market attractiveness, By Distribution Channel
7. Global Cosmetic Products Market attractiveness, By Form
8. Global Cosmetic Products Market attractiveness, By Product
9. Global Cosmetic Products Market share by Application ,2020 and 2028 (USD Billion)
10. Global Cosmetic Products Market by Lips, 2018–2028(USD Billion)
11. Global Cosmetic Products Market by Eyes, 2018–2028(USD Billion)
12. Global Cosmetic Products Market by Eyebrows, 2018–2028(USD Billion)
13. Global Cosmetic Products Market by Nails, 2018–2028(USD Billion)
14. Global Cosmetic Products Market by Face, 2018–2028(USD Billion)
15. Global Cosmetic Products Market share by Distribution Channel ,2020 and 2028 (USD Billion)
16. Global Cosmetic Products Market by Supermarkets, 2018–2028(USD Billion)
17. Global Cosmetic Products Market by Specialty Stores, 2018–2028(USD Billion)
18. Global Cosmetic Products Market by Online, 2018–2028(USD Billion)
19. Global Cosmetic Products Market by Beauty Salons, 2018–2028(USD Billion)
20. Global Cosmetic Products Market by Direct Selling, 2018–2028(USD Billion)
21. Global Cosmetic Products Market by Departmental Stores, 2018–2028(USD Billion)
22. Global Cosmetic Products Market by Pharmacy, 2018–2028(USD Billion)
23. Global Cosmetic Products Market share by Form ,2020 and 2028 (USD Billion)
24. Global Cosmetic Products Market by Solutions, 2018–2028(USD Billion)
25. Global Cosmetic Products Market by Creams, 2018–2028(USD Billion)
26. Global Cosmetic Products Market by Lotions, 2018–2028(USD Billion)
27. Global Cosmetic Products Market by Ointments, 2018–2028(USD Billion)
28. Global Cosmetic Products Market by Suspensions, 2018–2028(USD Billion)
29. Global Cosmetic Products Market by Tablets, 2018–2028(USD Billion)
30. Global Cosmetic Products Market by Powders, 2018–2028(USD Billion)
31. Global Cosmetic Products Market by Aerosols, 2018–2028(USD Billion)
32. Global Cosmetic Products Market by Gels, 2018–2028(USD Billion)
33. Global Cosmetic Products Market by Sticks, 2018–2028(USD Billion)
34. Global Cosmetic Products Market share by Product ,2020 and 2028 (USD Billion)
35. Global Cosmetic Products Market by Skin Care Products, 2018–2028(USD Billion)
36. Global Cosmetic Products Market by Hair Care Products, 2018–2028(USD Billion)
37. Global Cosmetic Products Market by Color Cosmetics, 2018–2028(USD Billion)
38. Global Cosmetic Products Market by Fragrances, 2018–2028(USD Billion)
39. Global Cosmetic Products Market by Personal Care Products, 2018–2028(USD Billion)
40. Global Cosmetic Products Market by Oral Care Products, 2018–2028(USD Billion)
41. Global Cosmetic Products Market share, by Region, 2020 and 2028
42. North America Cosmetic Products Market, 2018–2028(USD Billion)
43. Europe Cosmetic Products Market, 2018–2028(USD Billion)
44. Asia Pacific Cosmetic Products Market, 2018–2028(USD Billion)
45. Latin America Cosmetic Products Market, 2018–2028(USD Billion)
46. The Middle East and Africa Cosmetic Products Market, 2018–2028(USD Billion)
List of Tables
1. Global Cosmetic Products Market: snapshot
2. Drivers of the Cosmetic Products Market: impact analysis
3. North America Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
4. North America Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
5. North America Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
6. North America Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
7. The U.S. Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
8. The U.S. Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
9. The U.S. Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
10. The U.S. Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
11. Rest of North America Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
12. Rest of North America Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
13. Rest of North America Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
14. Rest of North America Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
15. Europe Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
16. Europe Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
17. Europe Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
18. Europe Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
19. UK Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
20. UK Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
21. UK Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
22. UK Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
23. France Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
24. France Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
25. France Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
26. France Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
27. Germany Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
28. Germany Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
29. Germany Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
30. Germany Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
31. Rest of Europe Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
32. Rest of Europe Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
33. Rest of Europe Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
34. Rest of Europe Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
35. Asia Pacific Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
36. Asia Pacific Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
37. Asia Pacific Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
38. Asia Pacific Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
39. China Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
40. China Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
41. China Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
42. China Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
43. Japan Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
44. Japan Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
45. Japan Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
46. Japan Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
47. India Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
48. India Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
49. India Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
50. India Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
51. Rest of Asia Pacific Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
52. Rest of Asia Pacific Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
53. Rest of Asia Pacific Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
54. Rest of Asia Pacific Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
55. Latin America Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
56. Latin America Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
57. Latin America Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
58. Latin America Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
59. Brazil Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
60. Brazil Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
61. Brazil Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
62. Brazil Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
63. Rest of Latin America Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
64. Rest of Latin America Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
65. Rest of Latin America Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
66. Rest of Latin America Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
67. The Middle East and Africa Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
68. The Middle East and Africa Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
69. The Middle East and Africa Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
70. The Middle East and Africa Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
71. Saudi Arabia Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
72. Saudi Arabia Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
73. Saudi Arabia Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
74. Saudi Arabia Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
75. South Africa Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
76. South Africa Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
77. South Africa Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
78. South Africa Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
79. Rest of the Middle East & Africa Cosmetic Products Market revenue, By Application ,2018–2028(USD Billion)
80. Rest of the Middle East & Africa Cosmetic Products Market revenue, By Distribution Channel ,2018–2028(USD Billion)
81. Rest of the Middle East & Africa Cosmetic Products Market revenue, By Form ,2018–2028(USD Billion)
82. Rest of the Middle East & Africa Cosmetic Products Market revenue, By Product ,2018–2028(USD Billion)
Cosmetic products are any preparations or substances that are placed in contact with various external parts of the human body such as external genital organs, eyes, lips, nails, and hair system or epidermis. It can even be in contact with mucous membranes and teeth in the oral cavity mostly to keep them in proper condition or protecting them, correcting body odors, changing their appearance, perfuming them, and cleaning them.
In past two decades, global cosmetic products market has witnessed 4.5% CAGR, with an annual growth rate ranging between 3 and 5.5%. The industry is even recognized as personal care and toiletries products market and has the ability to maintain continuous and stable growth in economic downturns. Through the diversity of cosmetic product segments, they are capable of satisfying overall customers’ expectations and needs with regards to cosmetics. Beauty products are categorized into mass production and premium segments as per their distribution channels, price, and brand prestige. Global premium cosmetics sales are concentrated in the developed markets such as France, Japan, and the U.S.
There has been a substantial rise in disposable income among the global population in the past decade that has primarily boosted global cosmetic products market. Changing lifestyles, growth in global economy, rising demand for sun care and skin care products owing to inconsistent climatic conditions have encouraged the growth of cosmetic products market. Inclination towards organic and natural beauty products, especially in European countries and the U.S. is fostering the demand of the industry. Escalating demand for organic, herbal, and natural beauty products has generated opportunities for producers to develop and innovate new products as per consumer preferences.
Improvement in the lifestyle of individuals is majorly influencing cosmetics industry. Consumers are becoming conscious about the usage of cosmetics in their everyday life to enhance their overall personality and style quotient. These products play a vital role in enhancing an individual’s physical features and inherent beauty. Products such as deodorants and fragrances are increasingly being used by men in their daily routine. The increasing demand for the trendy products has led to the growth of the industry worldwide.
Global cosmetic products market is categorized on the basis of the product as skin care, hair care, color cosmetics, fragrances, personal care, and oral care. Based on form, global cosmetic products market is classified into solutions, creams, lotions, ointments, suspensions, tablets, powders, gels, sticks, and aerosols. Various applications pertaining to cosmetics include lips, eyes, eyebrows, nails, and face. Cosmetics are distributed in the market via distribution channels including online, beauty salons, specialty stores, direct selling, departmental stores, pharmacy, and supermarkets.
The Asia Pacific is accounting for a substantial share in the global cosmetic products market over the forecast period. Major factors driving the industry in China, Japan, and India are their rising disposable income and working women population in these countries. Further, the introduction of new and innovative products pertaining to personal and skin care is anticipated to give a positive outlook to the regional market.
Major players in the global cosmetic products market are Alticor, Oriflame Cosmetics Global SA, Yves Rocher, Mary Kay Inc., Revlon Inc., Kao Corp., Shiseido, The Estee Lauder Companies Inc., Avon Products Inc., Beiersdorf AG, Procter & Gamble, Unilever and L’oreal Group. Manufacturers are investing heavily in research and development activities to launch new products as per the consumer's demand.
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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.
According to Zion market research report, the global Cosmetic Products market 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 a CAGR of nearly 5.5% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject 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.
The key market participants include 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, and L’Oreal S.A.
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