The report ”Cosmetic Products Market by Type (Skin, Hair, Sun, Oral, Fragrance, Color, Soap, Bath, Shower, Personal Hygiene), Distribution Channel (Supermarket, Pharmacy, Departmental, Specialty, Direct, Internet, Salon) & Geography – Global Trends & Forecasts to 2019” defines and segments the cosmetic products market with analysis and forecasting of value and volume for cosmetic products. It also identifies driving and restraining factors for the market with analysis of trends, opportunities, burning issues, winning imperatives, and challenges.
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The cosmetic products market is projected to grow with changing trends in using beauty products and increasing consciousness about appearance. The types of cosmetic products include fragrances, color cosmetics, bathing shower gels, along with skin care, hair care, personal hygiene oral care, and feminine hygiene products.
The increasing demand for advanced and sophisticated cosmetic products is an important driving factor in the market. The distribution channels such as supermarkets, department stores, pharmacy & drug stores, specialty stores, beauty salons, Internet retailing, and shopping complexes play an essential role in meeting the demand cosmetic products.
The leading players in the cosmetic products market include L’Oreal Group (France), Avon Products, Inc. (U.S.), The Estée Lauder Companies, Inc. (U.S.), and Oriflame Cosmetics (Luxembourg). These key players continuously invest in R&D to introduce new products as per the market demand. Considering the demand in the market, these companies are also expanding their facilities to increase their production capacity and strengthen their global network.
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The cosmetic products market is projected to grow at a CAGR of 6.3% with its increasing demand from emerging markets such as Brazil, India, etc. The increasing disposable income, changing fashion trends, and improvement in the living standards of the consumers drive the cosmetic products market.
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