Market Research

Cosmetics Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

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from $4,850 125 Pages Fortune Business Insights Pvt. Ltd. April, 2024 FOB18789443
Best Price Guarantee
Price from $4,850
Length 125 Pages
Publisher Fortune Business Insights Pvt. Ltd.
Published Date April, 2024
SKU FOB18789443

Cosmetics Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Cosmetics Market

The cosmetics market size was valued at USD 374.18 billion in 2023, and the market is now projected to grow from USD 393.75 billion in 2024to USD 758.05 billion by 2032, exhibiting a CAGR of 9.8% during the forecast period of 2023-2030.

The COVID-19 pandemic created significant opportunities on the cosmetics market growth as curbing coronavirus outbreak was prioritized. The Coronavirus pandemic essentially reshaped the cosmetics market, provoking a change in purchaser conduct and inclinations. With social limitations and remote work turning into the standard, interest for cosmetics wound down, especially for items like lipsticks and establishment, while interest flooded in skincare and taking care of oneself things as people zeroed in additional on home schedules. Online business arose as an indispensable channel as physical stores confronted terminations and limitations. Brands adjusted by underscoring cleanliness, health, and manageability in their contributions to meet developing purchaser needs, denoting a significant snapshot of change in the business.

The title cosmetics share globally has been contributed due to the Rising Mindfulness. The trend of taking care of oneself and preparing has soar across the world as of late, with ladies being at the focal point of the cosmetics market. Concerns with respect to body and prosperity are expanding every day because of a bustling timetable, changes in daily practice, dietary patterns, and variances in the rest cycle. Excellence items can upgrade the quality, purge, and enhance outside body parts and accordingly can assist people with looking better and more alluring. Consequently, these are a portion of the elements that have brought about high item interest from more youthful and matured populaces. The rising pattern of utilizing sun care items, night skin fix creams, invigorating scents, hair tones, and others, is additionally expected to support the item interest.

Furthermore, there’s been a notable trend of Appearance of AI/AR-based Beauty Applications. Key market players including L'Oréal S.A., Shiseido Co. Ltd., Beiersdorf AG, and others are sending off AI/AR innovation based versatile applications to teach clients about their skin and magnificence care profiles. For example, in January 2024, Shiseido Co. Ltd., a Japanese corrective producer, created 'Magnificence AR Route,' a computerized application to instruct shoppers about their facial skin wellbeing profiles. It gives corrective item suggestions to the clients, which empowers them to embrace a legitimate skincare schedule. Approach of such AI/AR-based skincare-related versatile applications will probably incline toward market development.

Comprehensive Cosmetics Market

Key market players including L'Oréal S.A., Shiseido Co. Ltd., Beiersdorf AG, and others are sending off AI/AR innovation based versatile applications to teach clients about their skin and magnificence care profiles. For example, in January 2024, Shiseido Co. Ltd., a Japanese corrective producer, created 'Magnificence AR Route,' a computerized application to instruct shoppers about their facial skin wellbeing profiles. It gives corrective item suggestions to the clients, which empowers them to embrace a legitimate skincare schedule. Approach of such AI/AR-based skincare-related versatile applications will probably incline toward market development.

Asia Pacific ruled the worldwide market share and was esteemed at USD 147.92 billion of every 2023 inferable from an enormous pool of maturing population in nations, like China and Japan. This has flooded the interest for hostile to maturing, against flaw, and dim spot treatment items. As per information delivered by the Ministry of Economy, Trade, and Industry of Japan in 2019, the creation of cosmetic items expanded from 434,000 tons in 2017 to 455,000 tons in 2018.

The top players in the market play a crucial role in the cosmetics market assuring industrial prospectus growth and setting market standards. These players include, L’Oréal S.A. (France), Unilever plc. (U.K.), Procter & Gamble Co. (U.S.), The Estée Lauder Companies Inc. (U.S.) and Beiersdorf AG (Germany) these market players provide a level-playing competitive landscape.

April 2023: L'Oréal S.A. gained Aēsop, a Natura and Co.- claimed extravagance items brand, to extend its arrangement of extravagance items in Australia.

Segmentation Table

cosmetics Market Scope

Study Period 2019-2032

Base Year 2023

Forecast Period 2024-2032

Growth Rate CAGR of xx% from 2024-2032

Historical Period 2019-2022

Unit Value (USD Billion)

Segmentation By Type, End-User, and Region

By Type Men

Women

By End-User

Specialty Stores

Hypermarket/Supermarkets

Online Channels

Others (Drug Stores, Brand Outlets)

By Region North America (By Type, End-User, and Country)

- U.S. (By Type and End-User)

- Canada (By Type and End-User)

Europe (By Type, End-User, and Country/Sub-region)

- U.K. (By Type and End-User)

- Germany (By Type and End-User)

- France (By Type and End-User)

- Italy (By Type and End-User)

- Spain (By Type and End-User)

- Rest of Europe (By Type and End-User)

Asia Pacific (By Type, End-User, and Country/Sub-region)

- China (By Type and End-User)

- Japan (By Type and End-User)

- India (By Type and End-User)

- Australia (By Type and End-User)

- Rest of Asia Pacific (By Type and End-User)

Latin America (By Type, End-User, and Country/Sub-region)

- Brazil (By Type and End-User)

- Mexico (By Type and End-User)

- Rest of Latin America (By Type and End-User)

Middle East & Africa (By Type, End-User, and Country/ Sub-region)

- GCC (By Type and End-User)

- South Africa (By Type and End-User)

- Rest of Middle East & Africa (By Type and End-User)


1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Emerging Trends
4. Key Insights
4.1. Overview of the Parent/Related Markets
4.2. Industry SWOT Analysis
4.3. Supply Chain and Regulatory Analysis
4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
4.5. Qualitative Analysis (in relation to COVID-19)
5. Global Cosmetics Market Analysis, Insights and Forecast, 2019-2032
5.1. Key Findings / Summary
5.2. Market Size Estimates and Forecast
5.2.1. By Category (Value)
5.2.1.1. Hair Care
5.2.1.2. Skin Care
5.2.1.3. Makeup
5.2.1.4. Others
5.2.2. By Gender (Value)
5.2.2.1. Men
5.2.2.2. Women
5.2.3. By Distribution Channel (Value)
5.2.3.1. Specialty Stores
5.2.3.2. Supermarkets/Hypermarkets
5.2.3.3. Online/e-commerce Channels
5.2.3.4. Others
5.2.4. By Region (Value)
5.2.4.1. North America
5.2.4.2. Europe
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa
6. North America Cosmetics Market Analysis, Insights and Forecast, 2019-2032
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Category (Value)
6.2.1.1. Hair Care
6.2.1.2. Skin Care
6.2.1.3. Makeup
6.2.1.4. Others
6.2.2. By Gender (Value)
6.2.2.1. Men
6.2.2.2. Women
6.2.3. By Distribution Channel (Value)
6.2.3.1. Specialty Stores
6.2.3.2. Supermarkets/Hypermarkets
6.2.3.3. Online/e-commerce Channels
6.2.3.4. Others
6.2.4. By Country (Value)
6.2.4.1. U.S
6.2.4.1.1. By Category (Value)
6.2.4.1.1.1. Hair Care
6.2.4.1.1.2. Skin Care
6.2.4.1.1.3. Makeup
6.2.4.1.1.4. Others
6.2.4.2. Canada
6.2.4.2.1. By Category (Value)
6.2.4.2.1.1. Hair Care
6.2.4.2.1.2. Skin Care
6.2.4.2.1.3. Makeup
6.2.4.2.1.4. Others
6.2.4.3. Mexico
6.2.4.3.1. By Category (Value)
6.2.4.3.1.1. Hair Care
6.2.4.3.1.2. Skin Care
6.2.4.3.1.3. Makeup
6.2.4.3.1.4. Others
7. Europe Cosmetics Market Analysis, Insights and Forecast, 2019-2032
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Category (Value)
7.2.1.1. Hair Care
7.2.1.2. Skin Care
7.2.1.3. Makeup
7.2.1.4. Others
7.2.2. By Gender (Value)
7.2.2.1. Men
7.2.2.2. Women
7.2.3. By Distribution Channel (Value)
7.2.3.1. Specialty Stores
7.2.3.2. Supermarkets/Hypermarkets
7.2.3.3. Online/e-commerce Channels
7.2.3.4. Others
7.2.4. By Country (Value)
7.2.4.1. Germany
7.2.4.1.1. By Category (Value)
7.2.4.1.1.1. Hair Care
7.2.4.1.1.2. Skin Care
7.2.4.1.1.3. Makeup
7.2.4.1.1.4. Others
7.2.4.2. France
7.2.4.2.1. By Category (Value)
7.2.4.2.1.1. Hair Care
7.2.4.2.1.2. Skin Care
7.2.4.2.1.3. Makeup
7.2.4.2.1.4. Others
7.2.4.3. Italy
7.2.4.3.1. By Category (Value)
7.2.4.3.1.1. Hair Care
7.2.4.3.1.2. Skin Care
7.2.4.3.1.3. Makeup
7.2.4.3.1.4. Others
7.2.4.4. U.K.
7.2.4.4.1. By Category (Value)
7.2.4.4.1.1. Hair Care
7.2.4.4.1.2. Skin Care
7.2.4.4.1.3. Makeup
7.2.4.4.1.4. Others
7.2.4.5. Spain
7.2.4.5.1. By Category (Value)
7.2.4.5.1.1. Hair Care
7.2.4.5.1.2. Skin Care
7.2.4.5.1.3. Makeup
7.2.4.5.1.4. Others
7.2.4.6. Rest of Europe
7.2.4.6.1. By Category (Value)
7.2.4.6.1.1. Hair Care
7.2.4.6.1.2. Skin Care
7.2.4.6.1.3. Makeup
7.2.4.6.1.4. Others
8. Asia Pacific Cosmetics Market Analysis, Insights and Forecast, 2019-2032
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Category (Value)
8.2.1.1. Hair Care
8.2.1.2. Skin Care
8.2.1.3. Makeup
8.2.1.4. Others
8.2.2. By Gender (Value)
8.2.2.1. Men
8.2.2.2. Women
8.2.3. By Distribution Channel (Value)
8.2.3.1. Specialty Stores
8.2.3.2. Supermarkets/Hypermarkets
8.2.3.3. Online/e-commerce Channels
8.2.3.4. Others
8.2.4. By Country (Value)
8.2.4.1. China
8.2.4.1.1. By Category (Value)
8.2.4.1.1.1. Hair Care
8.2.4.1.1.2. Skin Care
8.2.4.1.1.3. Makeup
8.2.4.1.1.4. Others
8.2.4.2. India
8.2.4.2.1. By Category (Value)
8.2.4.2.1.1. Hair Care
8.2.4.2.1.2. Skin Care
8.2.4.2.1.3. Makeup
8.2.4.2.1.4. Others
8.2.4.3. Japan
8.2.4.3.1. By Category (Value)
8.2.4.3.1.1. Hair Care
8.2.4.3.1.2. Skin Care
8.2.4.3.1.3. Makeup
8.2.4.3.1.4. Others
8.2.4.4. Australia
8.2.4.4.1. By Category (Value)
8.2.4.4.1.1. Hair Care
8.2.4.4.1.2. Skin Care
8.2.4.4.1.3. Makeup
8.2.4.4.1.4. Others
8.2.4.5. Rest of Asia Pacific
8.2.4.5.1. By Category (Value)
8.2.4.5.1.1. Hair Care
8.2.4.5.1.2. Skin Care
8.2.4.5.1.3. Makeup
8.2.4.5.1.4. Others
9. South America Cosmetics Market Analysis, Insights and Forecast, 2019-2032
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Category (Value)
9.2.1.1. Hair Care
9.2.1.2. Skin Care
9.2.1.3. Makeup
9.2.1.4. Others
9.2.2. By Gender (Value)
9.2.2.1. Men
9.2.2.2. Women
9.2.3. By Distribution Channel (Value)
9.2.3.1. Specialty Stores
9.2.3.2. Supermarkets/Hypermarkets
9.2.3.3. Online/e-commerce Channels
9.2.3.4. Others
9.2.4. By Country (Value)
9.2.4.1. Brazil
9.2.4.1.1. By Category (Value)
9.2.4.1.1.1. Hair Care
9.2.4.1.1.2. Skin Care
9.2.4.1.1.3. Makeup
9.2.4.1.1.4. Others
9.2.4.2. Argentina
9.2.4.2.1. By Category (Value)
9.2.4.2.1.1. Hair Care
9.2.4.2.1.2. Skin Care
9.2.4.2.1.3. Makeup
9.2.4.2.1.4. Others
9.2.4.3. Rest of South America
9.2.4.3.1. By Category (Value)
9.2.4.3.1.1. Hair Care
9.2.4.3.1.2. Skin Care
9.2.4.3.1.3. Makeup
9.2.4.3.1.4. Others
10. Middle East & Africa Cosmetics Market Analysis, Insights and Forecast, 2019-2032
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Category (Value)
10.2.1.1. Hair Care
10.2.1.2. Skin Care
10.2.1.3. Makeup
10.2.1.4. Others
10.2.2. By Gender (Value)
10.2.2.1. Men
10.2.2.2. Women
10.2.3. By Distribution Channel (Value)
10.2.3.1. Specialty Stores
10.2.3.2. Supermarkets/Hypermarkets
10.2.3.3. Online/e-commerce Channels
10.2.3.4. Others
10.2.4. By Country (Value)
10.2.4.1. South Africa
10.2.4.1.1. By Category (Value)
10.2.4.1.1.1. Hair Care
10.2.4.1.1.2. Skin Care
10.2.4.1.1.3. Makeup
10.2.4.1.1.4. Others
10.2.4.2. UAE
10.2.4.2.1. By Category (Value)
10.2.4.2.1.1. Hair Care
10.2.4.2.1.2. Skin Care
10.2.4.2.1.3. Makeup
10.2.4.2.1.4. Others
10.2.4.3. Saudi Arabia
10.2.4.3.1. By Category (Value)
10.2.4.3.1.1. Hair Care
10.2.4.3.1.2. Skin Care
10.2.4.3.1.3. Makeup
10.2.4.3.1.4. Others
10.2.4.4. Rest of Middle East & Africa
10.2.4.4.1. By Category (Value)
10.2.4.4.1.1. Hair Care
10.2.4.4.1.2. Skin Care
10.2.4.4.1.3. Makeup
10.2.4.4.1.4. Others
11. Competitive Matrix
11.1. Business Strategies Adopted by Leading Players
11.2. Global Cosmetics Market Revenue Share/Ranking Analysis, By Key Manufacturer, 2023
12. Company Profiles
12.1. L’Oréal Professional
12.1.1. Overview
12.1.2. Description
12.1.3. Product Portfolio
12.1.4. Financials (Data as available in public domain and/or on paid databases)
12.1.5. Recent Developments
12.2. Unilever
12.2.1. Overview
12.2.2. Description
12.2.3. Product Portfolio
12.2.4. Financials (Data as available in public domain and/or on paid databases)
12.2.5. Recent Developments
12.3. Procter & Gamble
12.3.1. Overview
12.3.2. Description
12.3.3. Product Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent Developments
12.4. Estée Lauder Inc.
12.4.1. Overview
12.4.2. Description
12.4.3. Product Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent Developments
12.5. Beiersdorf AG
12.5.1. Overview
12.5.2. Description
12.5.3. Product Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent Developments
12.6. Shiseido Co., Ltd.
12.6.1. Overview
12.6.2. Description
12.6.3. Product Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent Developments
12.7. Coty Inc.
12.7.1. Overview
12.7.2. Description
12.7.3. Product Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent Developments
12.8. Natura & Co.
12.8.1. Overview
12.8.2. Description
12.8.3. Product Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent Developments
12.9. Kao Corporation
12.9.1. Overview
12.9.2. Description
12.9.3. Product Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent Developments
12.10. Johnson & Johnson Services, Inc.
12.10.1. Overview
12.10.2. Description
12.10.3. Product Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent Developments
13. Strategic Recommendations

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