Daedal research “Global Premium Cosmetics Sales Market, Skincare& Global Lip care Market (2016-2020)”, provides an in-depth analysis
of the global cosmetics market by value, segments, growth rates and channel,
etc. The report provides an analysis of cosmetic market by region, including
the following regions: Emerging Markets, Western Europe, North America and the
US.
The report also assesses the key opportunities in the
market and outlines the factors that are and will be driving the growth of the
industry. Growth of the overall global cosmetics market has also been
forecasted for the period 2016-2020, taking into consideration the previous
growth patterns, the growth drivers and the current and future trends.
The competition in global cosmetics market is fragmented
with the emergence of several local and regional players also. However, premium
players of the cosmetic market Chanel SAS, Estee Lauder Companies, Inc.,
L’Oreal, and LVMH, who are also profiled with their financial information and
respective business strategies.
Country Coverage
Emerging Markets
Western Europe
North America
Company Coverage
Chanel SAS
Estee Lauder Companies Inc.
L’Oreal
LVMH
Executive Summary
The cosmetics refer to the products that enhance and
beautify the external appearance of the body. The cosmetics rejuvenate, refresh
and enhance the physical traits of the individual without the change in the
body structure and functions. In the early decades the cosmetics were used for
medicinal and health reasons. The cosmetics can be classified on the basis of
product range and distribution channel. The product range includes the personal
hygiene products and other cosmetics. The distribution channel includes
departmental stores, e-commerce, drugstores and own brand stores, etc.
The cosmetics can further be classified on the basis of
prestige, on the basis of need, on the basis of products and on the basis of
application. There is also an emerging trend of digitalization in cosmetic and
make-up category, driven by selfies, e-commerce, make-up blogging and
tutorials, etc.
Global cosmetic market has increased at a significant CAGR
during the years 2009-2015 and projections are made that the market would rise
in the next four years i.e. 2016-2020 tremendously. The cosmetic market is
expected to increase due to growth in e-commerce industry, digital advertising,
upsurge of social media, urbanization, emergence of male grooming products,
etc. Yet the market faces some challenges such as, counterfeit products, ban on
animal testing, etc.
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| Daedal Research |
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