Asia-Pacific Cosmetics Market Industry Growth by CAGR of 6.5%
Description
Asia-Pacific 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 and Mexico), Industry Trends and Forecast to 2029.
Market Analysis and Insights: Asia-Pacific Cosmetics Market
Asia-Pacific cosmetics market is expected to gain significant growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyzes that the market is growing with the CAGR of 6.5% in the forecast period of 2022 to 2029 and is expected to reach USD 167,702.63 million by 2029.
Cosmetics are used to enhance the beauty and physical appearance of a personage. Chiefly, these cosmetic products are manufactured from artificial sources. The purpose of cosmetic products is mainly intended for external cleaning, perfumes, changing appearances, correct body odor, protect skin, and conditioning among others. 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.
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Asia-Pacific Cosmetics Market Scope and Market Size
Asia-Pacific cosmetics market is segmented into six notable segments based on product type, nature, category, packaging type, distribution channel and application.
· On the basis of product type, the Asia-Pacific cosmetics market is segmented into skin care, hair care, fragrances, make up, and others. In 2022, skin care segment is expected to dominate the market as the urban population in the region is increasingly adopting luxury skin care items owing to the rising urban standards of living and the urge to look good in the evolving social lifestyle. Increasing pollution and rising awareness regarding skin damage is also leading the consumers toward buying more and more skin care products.
· On the basis of nature, the Asia-Pacific cosmetics market is segmented into organic and inorganic. In 2022, inorganic segment is expected to dominate the market as these products have been in the market for a longer period of time and the consumers have developed certain engagement and trust with the products. Also, the variety in the inorganic products are more in the market as compared to the organic products.
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Competitive Landscape and Cosmetics Market Share Analysis
Asia-Pacific cosmetics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, and technology lifeline curve. The above data points provided are only related to the companies’ focus related to Asia-Pacific cosmetics market.
Customization Available: Asia-Pacific Cosmetics Market
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Major TOC of the Asia-Pacific Cosmetics Market Report
• INTRODUCTION
• MARKET SEGMENTATION
• MARKET OVERVIEW
• EXECUTIVE SUMMARY
• PREMIUM INSIGHTS
• Asia-Pacific Cosmetics Market Report Market
• COMPANY PROFILE
• COMPONENT MANUFACTURER
• CONCLUSION
• QUESTIONNAIRE
• RELATED REPORTS
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