In 2022, skin care segment is expected to dominate the market as the consumers are becoming more concerned for their healthy skin. On the basis of product type, the global cosmetics market is segmented into skin care, hair care, fragrances, make up, and others.The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets. Global cosmetics market is segmented on the basis of product type, nature, category, packaging type, distribution channel and application. Global Cosmetics Market Scope and Market Size To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal. This global cosmetics market report provides details of market share, new developments, and product pipeline analysis, impact of domestic, and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. Increasing movement across consumers for transparency and traceability of ingredients used in products are acting as a major challenge for the growth of the market. However, growing awareness regarding side effects of synthetic chemicals is acting as a major restraint for the market growth. Increasing developments in sustainable cosmetics are creating opportunities for the growth of the market. Major factors driving the growth of the global cosmetics market are rising awareness regarding skin care routine, innovative product branding and advertising strategies. Ranging from antiperspirants, fragrances, make-up, and shampoos, to soaps, sunscreens, and toothpastes, cosmetics and personal care products play an essential role in in all stages of a consumer’s life. The purpose of cosmetic products is mainly intended for external cleaning, perfumes, changing appearances, correct body odor, protect skin, and conditioning among others. Chiefly, these cosmetic products are manufactured from artificial sources.
Data Bridge Market Research analyzes that the market is growing with the CAGR of 5.8% in the forecast period of 2022 to 2029 and is expected to reach USD 377,243.22 million by 2029.Ĭosmetics are used to enhance the beauty and physical appearance of a personage. Global cosmetics market is expected to gain significant growth in the forecast period of 2022 to 2029. Market Analysis and Insights : Global Cosmetics Market Global Cosmetics Market, By Product Type ( Skin Care, Hair Care, Make Up, Fragrances, and Others), Nature (Inorganic, Organic), Category (Mass Product, Premium Product, and Professional Product), Packaging Type (Bottles and Jars, Tubes, Containers, Pumps & Dispensers, Sticks, Aerosol Cans, Pouches, Blisters, and Strip Packs), Distribution Channel (Offline, Online), Application (Women, Men), Country (U.S., Canada, Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey, Rest of Europe, China, Japan, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America) Industry Trends and Forecast to 2029. Through incorporating the Web's immediacy with the power of streaming audio and video, Data Bridge Market Research Webinars are one-hour, topic-specific seminars filled with the knowledge and perspectives needed to tackle business needs in the real world.
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