Global Cosmetic Market Growth 2023-2029

Global Cosmetic Market Growth 2023-2029

Product Code:455459

Published Date: Feb 08,2023

Pages: 112

Region: Global

Category: Consumer Goods

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Cosmetics (also known as makeup or make-up) are care substances used to enhance the appearance or odor of the human body. They are generally mixtures of chemical compounds, some being derived from natural sources (such as coconut oil) and many being synthetics.

LPI (LP Information)' newest research report, the “Cosmetic Industry Forecast” looks at past sales and reviews total world Cosmetic sales in 2022, providing a comprehensive analysis by region and market sector of projected Cosmetic sales for 2023 through 2029. With Cosmetic sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cosmetic industry.

This Insight Report provides a comprehensive analysis of the global Cosmetic landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cosmetic portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cosmetic market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cosmetic and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cosmetic.

The global Cosmetic market size is projected to grow from US$ 336830 million in 2022 to US$ 447730 million in 2029; it is expected to grow at a CAGR of 447730 from 2023 to 2029.

Global Cosmetic key players include Loréal Paris, Estée Lauder, P&G, LVMH, SHISEIDO, etc. Global top five manufacturers hold a share over 20%.

Europe is the largest market, with a share over 30%, followed by United States and China, both have a share about 25 percent. 
In terms of product, Skin Care is the largest segment, with a share about 35%. And in terms of application, the largest application is 45-54 Age, followed by 35-44 Age.

This report presents a comprehensive overview, market shares, and growth opportunities of Cosmetic market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Hair Care
    Skin Care
    Make-up
    Fragrance
    Oral Hygiene Products

Segmentation by application
    <24 Age
    25-34 Age
    35-44 Age
    45-54 Age
    55-64 Age
    >65 Age

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Loréal
    P&G
    Unilever
    Estée Lauder
    Shiseido
    Avon
    LV
    Channel
    Amorepacific
    Jahwa
    Beiersdorf
    Johnson & Johnson
    Jiala
    INOHERB
    Sisley
    Revlon
    Jane iredale
    Henkel
    Coty

Key Questions Addressed in this Report
What is the 10-year outlook for the global Cosmetic market?
What factors are driving Cosmetic market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cosmetic market opportunities vary by end market size?
How does Cosmetic break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?