Cosmetic Products Market Increasing at A Phenomenal Pace to reach more than USD 112.68 Billion by 2028, at a CAGR of 5.5% (Including COVID-19 Impact Analysis): Zion Market Research
NEW YORK, March 1, 2022 /PRNewswire/ -- As per Zion Market Research study, Cosmetic Products industry garnered revenue of about US$ 383.01 billion in 2020 and is set to earn revenue of nearly US$ 473.21 billion by 2028. Moreover, Cosmetic Products market is prognosis to record CAGR of nearly 5.5% in 2021-2028.
Growth of cosmetic products market over forecast timespan can be due to growing awareness about external beauty among adult, young, and aging population. In addition to this, growing trend among working population to look beautiful, lively, and vigorous is predicted to create new growth avenues for cosmetic products market over assessment period. Necessity of light make-up for working staff & professionals to make effective client presentation at conferences and seminars as well as symposiums will elicit growth of cosmetic products market over forecasting timespan. Rise in product branding events & advertisement of cosmetic products by celebrities as well as surge in promotional activities of cosmetic products on social media, newspaper, smartphones, web, hoardings, and television will result in increment of market revenue over ensuing years. Product innovations and demand for organic or natural cosmetic products will provide impetus to growth of cosmetic products industry over forecasting timeline.
Skin Care Products Segment To Lead Product Landscape By 2028:
Growth of skin care products segment over forecast timespan can be ascribed to rise in popularity of skin care products among young, adult, and aging population. Escalating consciousness about beauty among people will drive demand for skin care products over coming years.
Supermarkets Segment To Account Majorly Towards Global Market Size Over 202-2028:
The segmental growth over projected timeline is expected to be due to easy availability of cosmetic products in supermarket stores. Rise in urbanization, increase in visit of working population to supermarkets, and new offers & discounts provided by supermarket stores on cosmetic products are likely to prove beneficial for growth of segment in coming years. Competitive pricing has also enhanced popularity of supermarkets or hypermarkets in both emerging economies as well as developed countries.
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Asia Pacific Cosmetic Products Market To Record Highest CAGR Over 2021-2028:
Marked growth of regional market can be attributed to technological breakthroughs, economic development, rise in purchasing power of consumers, and changing fashion trends in sub-continent. Increase in urban population, beauty consciousness among youth, and awareness about enhancing personal appearance is predicted to define growth of cosmetic products market in Asia Pacific zone.
Report Scope:
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The Global Cosmetic Products Market is segmented as follows:
Cosmetic Products Market: By Application Outlook (2021-2028)
- Lips
- Eyes
- Eyebrows
- Nails
- Face
Cosmetic Products Market: By Distribution Channel Outlook (2021-2028)
- Supermarkets
- Departmental Stores
- Online
- Beauty Salons
- Specialty Stores
- Direct Selling
- Pharmacy
Cosmetic Products Market: By Product Outlook (2021-2028)
- Skin Care Products
- Hair Care Products
- Color Cosmetics
- Fragrances
- Personal Care Products
- Oral Care Products
Cosmetic Products Market: By Form Outlook (2021-2028)
- Solutions
- Creams
- Lotions
- Ointments
- Suspensions
- Tablets
- Powders
- Gels
- Sticks
- Aerosols
Cosmetic Products Market: By Region Outlook (2021-2028)
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
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Our Free Sample Report Includes:
- 2021 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 183 + Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2021 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Zion Market Research methodology
List of Key Players of Cosmetic Products Market:
- The Procter & Gamble Company
- Alticor
- Revlon Inc.
- Avon Products Inc.
- Oriflame Holding AG
- Beiersdorf AG
- Yves Rocher
- Shiseido Company Limited
- Kao Corp.
- The Estee Lauder Companies Inc.
- Unilever PLC
- Mary Kay Inc.
- L'Oreal S.A.
- Others.
Key questions answered in this report:
- What are the growth rate forecast and market size for Cosmetic Products Market?
- What are the key driving factors propelling the Cosmetic Products Marketforward?
- What are the most important companies in the Cosmetic Products MarketIndustry?
- What segments does the Cosmetic Products Marketcover?
- How can I receive a free copy of the Cosmetic Products Marketsample report and company profiles?
Press Release For Cosmetic Products Market: https://www.zionmarketresearch.com/news/cosmetic-products-market
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