Global Cosmetics Market to Keep On Rising through 2020, Forecasts Daedal Research in Its New Report Recently Uploaded at MarketPublishers.com
29 Nov 2016 • by Natalie Aster
LONDON – Today, cosmetics have become an essential part of life of modern women. Cosmetic products enhance and beautify the external appearance of a human body; they rejuvenate, refresh and enhance physical traits of an individual without changing the body structure and functions. The product range of cosmetics is very broad from personal hygiene products to make-up products.
The world’s cosmetics market has witnessed a remarkable CAGR between 2009 and 2016. Furthermore, this market is predicted to keep on rising in the next four years, registering an exponential CAGR. Robust growth in the global cosmetics market will likely be propelled by considerable increase in e-commerce sector, rising popularity of digital advertising, expanding urbanization, upsurge of social media, introduction of male grooming products, amid others.
Nowadays, a trends of digitalization gains traction in cosmetic and make-up category, spurred by e-commerce, selfies, make-up tutorials and blogging, etc.
New research study “Global Cosmetics Market with Focus on Premium Cosmetics Market (2016-2020)” created by Daedal Research offers an insightful analysis of the worldwide cosmetics market and gives data on the market value, growth rates, segmentation, distribution channels, etc. It investigates the landscape of the major geographical markets, touches upon the competitive pressures, reviews the top players, discusses the emerging trends and opportunities, describes the major challenges and also contains a comprehensive future outlook for the world cosmetics market through 2020.
Companies covered in report include SAS, Estee Lauder Companies, L’Oreal, LVMH, etc.
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