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Cosmetics Market Size, Share & Trends Analysis Report By Product (Skin Care, Hair Care, Makeup, Fragrance), By End-use, By Distribution Channel, By Region, And Segment Forecasts, 2022 - 2028

May 2022 | 82 pages | ID: C4BA7773272DEN
Grand View Research, Inc.

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Cosmetics Market Growth & Trends

The global cosmetics market size was estimated to reach USD 363.80 Billion by 2028 and is expected to expand at a CAGR of 5.3% from 2022 to 2028, according to a new report by Grand View Research, Inc. The key growth factors in the market include the rising expenditure on beauty products such as skin cream, lotions, hair color, and others owing to the aging population across the globe. Additionally, the significant product innovation by the major players is further projected to provide significant opportunities to the market. For instance, L’Or?al SA is one major player in the cosmetics industry that launched various cosmetic products, such as skin creams, lotions, and hair colors that are long-lasting and available with natural ingredients in the market.

Governments around the world have imposed restrictions and lockdowns in response to the COVID-19 pandemic. Many public events, fashion shows, and unnecessary travel were revoked. This also impacted the sales of cosmetics products through the offline channel as most retail stores were shut down during the lockdown. Moreover, the major players in the market experienced a decline in the sales revenue of Cosmetics products during the COVID-19 pandemic, which further impacted the market. However, the global cosmetics market is projected to recover in the future and witness significant growth due to resumed activities, offline retail, sales, and the opening of retail stores across the globe.

Based on the product, the haircare segment is forecast to expand with the highest CAGR of 6.2% from 2022 to 2028. The market is growing due to the growing adoption of hair care products owing to the rising hair fall and hair scalp problems among men and women across the globe. Moreover, the rising trend toward organic haircare products such as organic hair colors and shampoo further contributes to the growth of the market during the forecast period. Moreover, the availability of safer, advanced, and more effective hair care products has led to the increase in the adoption of hair care products across the globe.

The women segment is estimated to contribute over 60% to the global cosmetics market in 2021 and is forecast to grow with a significant CAGR of 5.0% from 2022 to 2028. The significant demand for personal beauty products such as skincare and hair care cosmetics among the women population across the globe is one of the major factors that contributed to the growth of the market. In addition, the high expenditure of women on personal and beauty products as compared to men further supports the market during the forecast period.

The online distribution channel is forecast to register a faster growth of a CAGR of 6.1% from 2022 to 2028. The rising partnerships between cosmetic product manufacturers and e-commerce companies are one of the major factors that contribute to the growth of the market. Moreover, the rising trend of using online portals for personal care product shopping among the young population across the globe further drives market growth. Increasing preference from the consumers due to the ease, convenience, fast, and price comparison are credited for the segment growth. Furthermore, the COVID-19 pandemic has led to many vendors and manufacturers adopting an online sales model that is expected to drive the growth of this sector over the next few years.

North America is estimated to contribute around 25% in 2021 to the global cosmetics market revenue. The U.S. is significantly backing the growth of market revenue. The presence of well-established brands such as Coty Inc, Est?e Lauder Companies Inc., Revlon, Inc., Avon Products Inc, and other manufacturers is one of the driving factors for market growth. Additionally, the presence of various celebrities and the growing trend toward celebrity endorsement for cosmetics products is another factor that driving the market in the region. Moreover, the significant trend of personalizing skincare and hair care products further contributes to the market growth.

Cosmetics Market Report Highlights
  • North America is estimated to contribute around 25% in 2021 to the global cosmetics market revenue. The presence of well-established and premium cosmetic product manufacturers is one of the supportive factors for the significant market share
  • The haircare segment is forecast to expand with the highest CAGR of 6.2% from 2022 to 2028. The growing demand for hair care solutions owing to the hair fall and hair scalp problems across the globe contributes to the segmental growth
  • The online distribution channel is forecast to register a faster expansion of a 6.1% CAGR from 2022 to 2028. The growing preference for online shopping portals for purchasing beauty care products among the young population across the globe is the key factor that propels the market growth

CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Product Outlook
2.3. End-Use Outlook
2.4. Distribution Channel Outlook
2.5. Regional Outlook

CHAPTER 3. COSMETICS MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
  3.3.1. Sales/Retail Channel Analysis
  3.3.2. Profit Margin Analysis
3.4. Market Dynamics
  3.4.1. Market Driver Analysis
  3.4.2. Market Restraint Analysis
  3.4.3. Industry Challenges
  3.4.4. Industry Opportunities
3.5. Business Environment Analysis
  3.5.1. Industry Analysis - Porter’s
    3.5.1.1. Supplier Power
    3.5.1.2. Buyer Power
    3.5.1.3. Substitution Threat
    3.5.1.4. Threat from New Entrant
    3.5.1.5. Competitive Rivalry
3.6. Roadmap of Cosmetics Market
3.7. Market Entry Strategies
3.8. Impact of COVID-19

CHAPTER 4. CONSUMER BEHAVIOR ANALYSIS

4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations

CHAPTER 5. COSMETICS MARKET: PRODUCT ESTIMATES & TREND ANALYSIS

5.1. Product Movement Analysis & Market Share, 2021 - 2028
5.2. Skin Care
  5.2.1. Market estimates and forecast, 2017 - 2028, (USD Million)
5.3. Hair Care
  5.3.1. Market estimates and forecast, 2017 - 2028, (USD Million)
5.4. Makeup
  5.4.1. Market estimates and forecast, 2017 - 2028, (USD Million)
5.5. Fragrance
  5.5.1. Market estimates and forecast, 2017 - 2028, (USD Million)
5.6. Others
  5.6.1. Market estimates and forecast, 2017 - 2028, (USD Million)

CHAPTER 6. COSMETICS MARKET: END-USE ESTIMATES & TREND ANALYSIS

6.1. End-Use Movement Analysis & Market Share, 2021 - 2028
6.2. Men
  6.2.1. Market estimates and forecast, 2017 - 2028, (USD Million)
6.3. Women
  6.3.1. Market estimates and forecast, 2017 - 2028, (USD Million)

CHAPTER 7. COSMETICS MARKET: DISTRIBUTION CHANNEL ESTIMATES & TREND ANALYSIS

7.1. Distribution channel Movement Analysis & Market Share, 2021 - 2028
7.2. Offline
  7.2.1. Market estimates and forecast, 2017 - 2028, (USD Million)
7.3. Online
  7.3.1. Market estimates and forecast, 2017 - 2028, (USD Million)

CHAPTER 8. COSMETICS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

8.1. Regional Movement Analysis & Market Share, 2021 & 2028
8.2. North America
  8.2.1. Market estimates and forecast, 2017 - 2028, (USD Million)
  8.2.2. Market estimates and forecast, by Product, 2017 - 2028, (USD Million)
  8.2.3. Market estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
  8.2.4. Market estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
  8.2.5. U.S.
    8.2.5.1. Market estimates and forecast, 2017 - 2028, (USD Million)
    8.2.5.2. Market estimates and forecast, by Product, 2017 - 2028, (USD Million)
    8.2.5.3. Market estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
    8.2.5.4. Market estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
8.3. Europe
  8.3.1. Market estimates and forecast, 2017 - 2028, (USD Million)
  8.3.2. Market estimates and forecast, by Product, 2017 - 2028, (USD Million)
  8.3.3. Market estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
  8.3.4. Market estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
  8.3.5. Germany
    8.3.5.1. Market estimates and forecast, 2017 - 2028, (USD Million)
    8.3.5.2. Market estimates and forecast, by Product, 2017 - 2028, (USD Million)
    8.3.5.3. Market estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
    8.3.5.4. Market estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
  8.3.6. France
    8.3.6.1. Market estimates and forecast, 2017 - 2028, (USD Million)
    8.3.6.2. Market estimates and forecast, by Product, 2017 - 2028, (USD Million)
    8.3.6.3. Market estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
    8.3.6.4. Market estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
  8.3.7. U.K.
    8.3.7.1. Market estimates and forecast, 2017 - 2028, (USD Million)
    8.3.7.2. Market estimates and forecast, by Product, 2017 - 2028, (USD Million)
    8.3.7.3. Market estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
    8.3.7.4. Market estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
8.4. Asia Pacific
  8.4.1. Market estimates and forecast, 2017 - 2028, (USD Million)
  8.4.2. Market estimates and forecast, by Product, 2017 - 2028, (USD Million)
  8.4.3. Market estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
  8.4.4. Market estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
  8.4.5. China
    8.4.5.1. Market estimates and forecast, 2017 - 2028, (USD Million)
    8.4.5.2. Market estimates and forecast, by Product, 2017 - 2028, (USD Million)
    8.4.5.3. Market estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
    8.4.5.4. Market estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
  8.4.6. India
    8.4.6.1. Market estimates and forecast, 2017 - 2028, (USD Million)
    8.4.6.2. Market estimates and forecast, by Product, 2017 - 2028, (USD Million)
    8.4.6.3. Market estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
    8.4.6.4. Market estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
8.5. Central & South America
  8.5.1. Market estimates and forecast, 2017 - 2028, (USD Million)
  8.5.2. Market estimates and forecast, by Product, 2017 - 2028, (USD Million)
  8.5.3. Market estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
  8.5.4. Market estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
  8.5.5. Brazil
    8.5.5.1. Market estimates and forecast, 2017 - 2028, (USD Million)
    8.5.5.2. Market estimates and forecast, by Product, 2017 - 2028, (USD Million)
    8.5.5.3. Market estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
    8.5.5.4. Market estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
8.6. Middle East & Africa
  8.6.1. Market estimates and forecast, 2017 - 2028, (USD Million)
  8.6.2. Market estimates and forecast, by Product, 2017 - 2028, (USD Million)
  8.6.3. Market estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
  8.6.4. Market estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
  8.6.5. South Africa
    8.6.5.1. Market estimates and forecast, 2017 - 2028, (USD Million)
    8.6.5.2. Market estimates and forecast, by Product, 2017 - 2028, (USD Million)
    8.6.5.3. Market estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
    8.6.5.4. Market estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)

CHAPTER 9. COMPETITIVE ANALYSIS

9.1. Key global players, recent developments & their impact on the industry
9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
9.3. Vendor Landscape
  9.3.1. Key company market share analysis, 2020

CHAPTER 10. COMPANY PROFILES

10.1. Coty Inc.
  10.1.1. Company Overview
  10.1.2. Financial Performance
  10.1.3. Product Benchmarking
  10.1.4. Strategic Initiatives
10.2. L'Or?al S.A.
  10.2.1. Company Overview
  10.2.2. Financial Performance
  10.2.3. Product Benchmarking
  10.2.4. Strategic Initiatives
10.3. Est?e Lauder Companies Inc
  10.3.1. Company Overview
  10.3.2. Financial Performance
  10.3.3. Product Benchmarking
  10.3.4. Strategic Initiatives
10.4. Revlon, Inc.
  10.4.1. Company Overview
  10.4.2. Financial Performance
  10.4.3. Product Benchmarking
  10.4.4. Strategic Initiatives
10.5. Avon Products Inc.
  10.5.1. Company Overview
  10.5.2. Financial Performance
  10.5.3. Product Benchmarking
  10.5.4. Strategic Initiatives
10.6. Unilever PLC
  10.6.1. Company Overview
  10.6.2. Financial Performance
  10.6.3. Product Benchmarking
  10.6.4. Strategic Initiatives
10.7. Shiseido Company, Limited
  10.7.1. Company Overview
  10.7.2. Financial Performance
  10.7.3. Product Benchmarking
  10.7.4. Strategic Initiatives
10.8. Godrej
  10.8.1. Company Overview
  10.8.2. Financial Performance
  10.8.3. Product Benchmarking
  10.8.4. Strategic Initiatives
10.9. Procter & Gamble
  10.9.1. Company Overview
  10.9.2. Financial Performance
  10.9.3. Product Benchmarking
  10.9.4. Strategic Initiatives
10.10. Beiersdorf AG.
  10.10.1. Company Overview
  10.10.2. Financial Performance
  10.10.3. Product Benchmarking
  10.10.4. Strategic Initiatives
10.11. Henkel AG & Co. KGaA
  10.11.1. Company Overview
  10.11.2. Financial Performance
  10.11.3. Product Benchmarking
  10.11.4. Strategic Initiatives
10.12. Kao Corp
  10.12.1. Company Overview
  10.12.2. Financial Performance
  10.12.3. Product Benchmarking
  10.12.4. Strategic Initiatives
10.13. Hoyu Co., Ltd.
  10.13.1. Company Overview
  10.13.2. Financial Performance
  10.13.3. Product Benchmarking
  10.13.4. Strategic Initiatives

LIST OF TABLES

1. Cosmetics market - Key market driver analysis
2. Cosmetics market - Key market restraint analysis
3. Global cosmetics market revenue estimates and forecast by product, from 2017 - 2028, (USD Million)
4. Global cosmetics market revenue estimates and forecast by skincare, from 2017 - 2028, (USD Million)
5. Global cosmetics market revenue estimates and forecast by hair care, from 2017 - 2028, (USD Million)
6. Global cosmetics market revenue estimates and forecast by makeup, from 2017 - 2028, (USD Million)
7. Global cosmetics market revenue estimates and forecast by fragrance, from 2017 - 2028, (USD Million)
8. Global cosmetics market revenue estimates and forecast by others, from 2017 - 2028, (USD Million)
9. Global cosmetics market revenue estimates and forecast by End - Use, from 2017 - 2028, (USD Million)
10. Global cosmetics market revenue estimates and forecast by men, from 2017 - 2028, (USD Million)
11. Global cosmetics market revenue estimates and forecast by women, from 2017 - 2028, (USD Million)
12. Global cosmetics market revenue estimates and forecast by distribution channel, from 2017 - 2028, (USD Million)
13. Global cosmetics market revenue estimates and forecast by offline, from 2017 - 2028, (USD Million)
14. Global cosmetics market revenue estimates and forecast by online, from 2017 - 2028, (USD Million)
15. Global cosmetics market estimates and forecast, by region 2017 - 2028, (USD Million)
16. North America Cosmetics market estimates and forecast, 2017 - 2028, (USD Million)
17. North America cosmetics market revenue estimates and forecast, by product, 2017 - 2028, (USD Million)
18. North America Cosmetics market revenue estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
19. North America Cosmetics market revenue estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
20. U.S. Cosmetics market estimates and forecast, 2017 - 2028, (USD Million)
21. U.S. Cosmetics market revenue estimates and forecast by Product, 2017 - 2028, (USD Million)
22. U.S. Cosmetics market revenue estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
23. U.S. Cosmetics market revenue estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
24. Europe Cosmetics market estimates and forecast, 2017 - 2028, (USD Million)
25. Europe Cosmetics market revenue estimates and forecast by Product, 2017 - 2028, (USD Million)
26. Europe Cosmetics market revenue estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
27. Europe Cosmetics market revenue estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
28. Germany Cosmetics market estimates and forecast, 2017 - 2028, (USD Million)
29. Germany Cosmetics market revenue estimates and forecast by Product, 2017 - 2028, (USD Million)
30. Germany Cosmetics market revenue estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
31. Germany Cosmetics market revenue estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
32. France Cosmetics market estimates and forecast, 2017 - 2028, (USD Million)
33. France Cosmetics market revenue estimates and forecast by Product, 2017 - 2028, (USD Million)
34. France Cosmetics market revenue estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
35. France Cosmetics market revenue estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
36. U.K. Cosmetics market estimates and forecast, 2017 - 2028, (USD Million)
37. U.K. Cosmetics market revenue estimates and forecast by Product, 2017 - 2028, (USD Million)
38. U.K. Cosmetics market revenue estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
39. U.K. Cosmetics market revenue estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
40. Asia Pacific Cosmetics market estimates and forecast, 2017 - 2028, (USD Million)
41. Asia Pacific Cosmetics market revenue estimates and forecast by Product, 2017 - 2028, (USD Million)
42. Asia Pacific Cosmetics market revenue estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
43. Asia Pacific Cosmetics market revenue estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
44. China Cosmetics market estimates and forecast, 2017 - 2028, (USD Million)
45. China Cosmetics market revenue estimates and forecast by Product, 2017 - 2028, (USD Million)
46. China Cosmetics market revenue estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
47. China Cosmetics market revenue estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
48. India Cosmetics market estimates and forecast, 2017 - 2028, (USD Million)
49. India Cosmetics market revenue estimates and forecast by Product, 2017 - 2028, (USD Million)
50. India Cosmetics market revenue estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
51. India Cosmetics market revenue estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
52. Central & South America Cosmetics market estimates and forecast, 2017 - 2028, (USD Million)
53. Central & South America Cosmetics market revenue estimates and forecast by Product, 2017 - 2028, (USD Million)
54. Central & South America Cosmetics market revenue estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
55. Central & South America Cosmetics market revenue estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
56. Brazil Cosmetics market estimates and forecast, 2017 - 2028, (USD Million)
57. Brazil Cosmetics market revenue estimates and forecast by Product, 2017 - 2028, (USD Million)
58. Brazil Cosmetics market revenue estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
59. Brazil Cosmetics market revenue estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
60. Middle East & Africa Cosmetics market estimates and forecast, 2017 - 2028, (USD Million)
61. Middle East & Africa Cosmetics market revenue estimates and forecast by Product, 2017 - 2028, (USD Million)
62. Middle East & Africa Cosmetics market revenue estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
63. Middle East & Africa Cosmetics market revenue estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
64. South Africa Cosmetics market estimates and forecast, 2017 - 2028, (USD Million)
65. South Africa Cosmetics market revenue estimates and forecast by Product, 2017 - 2028, (USD Million)
66. South Africa Cosmetics market revenue estimates and forecast, by End-Use, 2017 - 2028, (USD Million)
67. South Africa Cosmetics market revenue estimates and forecast, by Distribution Channel, 2017 - 2028, (USD Million)
68. Vendor landscape

LIST OF FIGURES

1. Cosmetics market snapshot
2. Cosmetics market segmentation & scope
3. Cosmetics market penetration & growth prospect mapping
4. Cosmetics market value chain analysis
5. Cosmetics market dynamics
6. Cosmetics market Porter's analysis
7. Cosmetics market: Product movement analysis
8. Cosmetics market: Regional movement analysis


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