Cosmetics Market Research Business Opportunity, Global Trend, Future Growth, Key Findings and Forecast to 2026

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The global ''cosmeticsmarket'' size is projected to reach USD 438.38 billion by the end of 2026.The increasing demand for clean-labelled products will bode well for the marketin the coming years.

Cosmetics Market Research Business Opportunity, Global Trend, Future Growth, Key Findings and Forecast to 2026

Theglobal ''cosmeticsmarket'' size is projected to reach USD 438.38 billion by the end of 2026.The increasing demand for clean-labelled products will bode well for the marketin the coming years. According to a report published by Fortune BusinessInsights, titled “CosmeticsMarket Size, Share & Industry Analysis, By Category (Hair Care, Skin Care,Makeup, and Others), By Gender (Men and Women), By Distribution Channel(Specialty Stores, Hypermarkets/Supermarkets, Online Channels, and Others), andRegional Forecast, 2019-2026,” the market was worth USD 297.61billion in 2018 and will exhibit a CAGR of 5.1% during the forecast period.

An Overview of the Impact of COVID-19 on this Market:

Theemergence of COVID-19 has brought the world to a standstill. We understand thatthis health crisis has brought an unprecedented impact on businesses acrossindustries. However, this too shall pass. Rising support from governments andseveral companies can help in the fight against this highly contagious disease.Some industries are struggling and some are thriving. Overall, almost everysector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain andgrow during COVID-19 pandemics. Based on our experience and expertise, we willoffer you an impact analysis of coronavirus outbreak across industries to helpyou prepare for the future.

Study Period: 2016-2027
Base Year: 2019
Forecast Period:2020-2027
Historical Period:2016-2018

A few of the leading companies that are currently operating in themarket include:

L’Oréal Professional
Unilever
Procter & Gamble
Estée Lauder Inc.
Beiersdorf AG
Shiseido Co., Ltd.
Coty Inc.
Natura & Co.
Kao Corporation
Johnson & Johnson Services, Inc.

Cosmeticsare products that are used to enhance the aesthetics and visual appearance ofthe body. The emphasis on the use of skin friendly products has come as awelcome opportunity to standout in the fragmented cosmetics market. The massiveglobal demand for cosmetics has shaped up the structure of the market. Thepresence of several large scale companies and the subsequently risinginvestments in the R&D of skin-friendly cosmetics will bode well for themarket in the coming years. Moreover, variations in product offerings haveplayed a huge role in the growth of the market in recent years. The adoption ofhealthy and visually appealing lifestyle will lead to a wider adoption ofcosmetics and subsequently aid the growth of the market.

Increasing Number of Company Mergers and Acquisitions Will AidGrowth

Thereport includes several factors that have made an impact on the growth of themarket in recent years. It highlights a few of the major industry developmentsof recent times and further discusses how these developments have influencedmarket growth. Among all factors, the increasing number of company mergers andacquisitions has made a huge impact. In September 2017, Unilever announced thatit plans to acquire Carver Korea. The company possesses an attractive range ofskin care products and is based in South Korea. Unilever’s acquisition ofCarver will bode well for the global market in the foreseeable future.

North America Currently Fast Growing Market; Increasing Investmentin Product R&D Will Aid Growth

Thereport analyzes the ongoing cosmetics market trends across North America, SouthAmerica, Asia Pacific, the Middle East and Africa, and Europe. Among theseregions, North America will witness the highest growth in the coming years. Themassive investments by large scale companies towards the development of organicproducts will aid the growth of the regional market. As of 2018, the market inNorth America was worth USD 82.59 billion and this value is projected toincrease further in the coming years. The market in Asia Pacific will alsowitness considerable growth in the coming years, owing to the high populationand the subsequently high demand for cosmetics and cosmetic products in severalcountries across this region.

Cosmetics Market report Focus on:

Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates

Reasons to Purchase this Report:

Comprehensive analysis of the market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.

Key Questions Answered:

Why Choose Fortune Business Insights?
What are the key demands and trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the market growth

To get the short-term and long-term impact of COVID-19 on thisMarket, Visit:

https://www.fortunebusinessinsights.com/cosmetics-market-102614

Industry Developments:

February 2020: Romer LLC announced the launch ofa new skin care brand. The company plans to offer clean and eco-friendlyproducts in the U.S.

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