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Cosmetics Market Size to Reach USD 438.38 Billion by 2026; Driven by the Increasing Number of Company Collaborations and Acquisitions, says Fortune Business Insights™

Written by Customer Service on . Posted in Mergers And Acquisitions.

Pune, April 17, 2020 (GLOBE NEWSWIRE) — The global cosmetics market size is projected to reach USD 438.38 billion by the end of 2026. The increasing demand for clean-labeled products will bode well for the market in the coming years. According to a report published by Fortune Business Insights, titled “Cosmetics Market Size, Share & Industry Analysis, By Category (Hair Care, Skin Care, Makeup, and Others), By Gender (Men and Women), By Distribution Channel (Specialty Stores, Hypermarkets/Supermarkets, Online Channels, and Others), and Regional Forecast, 2019-2026,” the market was worth USD 297.61 billion in 2018 and will exhibit a CAGR of 5.1% during the forecast period.Cosmetics are products that are used to enhance the aesthetics and visual appearance of the body. The emphasis on the use of skin-friendly products has come as a welcome opportunity to stand out in the fragmented cosmetics market. The massive global demand for cosmetics has shaped up the structure of the market. The presence of several large scale companies and the subsequently rising investments in the R&D of skin-friendly cosmetics will bode well for the market in the coming years.Moreover, variations in product offerings have played a huge role in the growth of the cosmetics industry in recent years. The adoption of a healthy and visually appealing lifestyle will lead to wider adoption of cosmetics and subsequently aid the growth of the market.The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.The report includes several factors that have made an impact on the growth of the market in recent years. It highlights a few of the major industry developments of recent times and further discusses how these developments have influenced market growth. Among all factors, the increasing number of company mergers and acquisitions has made a huge impact. In September 2017, Unilever announced that it plans to acquire Carver Korea. The company possesses an attractive range of skincare products and is based in South Korea. Unilever’s acquisition of Carver will bode well for the global market in the foreseeable future.L’Oréal ProfessionalUnileverProcter & GambleEstée Lauder Inc.Beiersdorf AGShiseido Co., Ltd.Coty Inc.Natura & Co.Kao CorporationJohnson & Johnson Services, Inc.The report analyzes the ongoing cosmetics market trends across North America, South America, Asia Pacific, the Middle East and Africa, and Europe. Among these regions, North America will witness the highest growth in the coming years. The massive investments by large scale companies towards the development of organic products will aid the growth of the regional market. As of 2018, the market in North America was worth USD 82.59 billion and this value is projected to increase further in the coming years. The market in Asia Pacific will also witness considerable growth in the coming years, owing to the high population and the subsequently high demand for cosmetics and cosmetic products in several countries across this region.
Quick Buy – Cosmetics Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/102614
IntroductionResearch ScopeMarket SegmentationResearch MethodologyDefinitions and AssumptionsExecutive SummaryMarket DynamicsMarket DriversMarket RestraintsMarket OpportunitiesEmerging TrendsKey InsightsOverview of the Parent/Related MarketsIndustry SWOT AnalysisSupply Chain and Regulatory AnalysisRecent Industry Developments – Policies, Partnerships, New Product  Launches, and Mergers & AcquisitionsGlobal Cosmetics Market Analysis, Insights and Forecast, 2015-2026Key Findings / SummaryMarket Size Estimates and Forecast By Category (Value)Hair Care            Skin CareMakeupOthersBy Gender (Value)MaleFemaleBy Distribution Channel (Value)Specialty StoresSupermarkets/HypermarketsOnline/e-commerce ChannelsOthersBy Region (Value)North AmericaEuropeAsia PacificSouth AmericaMiddle East & AfricaTOC Continued…!
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Key Industry Development:February 2020: Romer LLC announced the launch of a new skincare brand. The company plans to offer clean and eco-friendly products in the U.S.Skin Care Market Size, Share & Industry Analysis, By Products (Creams, Lotions, Powders, Sprays, and Others), Packaging Type (Tube, Bottle, Jar, and Others), Gender (Men and Women), Distribution Channel (Cosmetic Stores, Supermarkets/Hypermarkets, Online Channels, and Others), and Regional Forecast, 2019 – 2026Makeup Market Size, Share & Industry Analysis, By Products (Powder, Gels, Lotions, and Others), Application Area (Lips, Eyes, Face, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Exclusive Brand Stores, Online/e-commerce Channels, and Others), and Regional Forecast, 2019-2026Hair Care Market Size, Share & Industry Analysis, By Products (Hair Colorants, Shampoo, Conditioner, Hair Oil, and Others), By Distribution Channel (Supermarket/Hypermarkets, Specialty Stores, Online Stores, and Others), and Regional Forecast, 2019 – 2026Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.  At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.Contact Us:
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