The Global Cosmetic Products Market Is Expected To Grow At A CAGR Of 16.32%

As per the findings of Zion Market Research study, the global Cosmetic Products market size was valued USD 314.52 billion in 2023 and is expected to rise to USD 1226.13 billion by 2032 at a CAGR of 16.32%. Furthermore, the growth of the cosmetic products market Size over the forecast timespan can be due to growing awareness about external beauty among adult, young, and aging populations. In addition to this, a growing trend among the working population to look beautiful, lively, and vigorous is predicted to create new growth avenues for the cosmetic products market over the assessment period.

The necessity of light make-up for working staff & professionals to make effective client presentations at conferences and seminars as well as symposiums will elicit growth of cosmetic products market over the forecasting timespan. Rise in product branding events & advertisement of cosmetic products by celebrities as well as surge in promotional activities of cosmetic products on social media, newspaper, smartphones, web, hoardings, and television will result in increment of market revenue over ensuing years. Product innovations and demand for organic or natural cosmetic products will provide impetus to growth of cosmetic products industry over forecasting timeline.

Skin Care Products Segment To Lead Product Landscape By 2032

Growth of the skin care products segment over the forecast timespan can be ascribed to rise in the popularity of skin care products among the young, adult, and aging populations. Escalating consciousness about beauty among people will drive demand for skin care products over the coming years.

Supermarkets Segment To Account Majorly Towards Global Market Size Over 2024-2032

The segmental growth over the projected timeline is expected to be due to the easy availability of cosmetic products in supermarket stores. The rise in urbanization, increase in visit of the working population to supermarkets, and new offers & discounts provided by supermarket stores on cosmetic products are likely to prove beneficial for growth of the segment in coming years. Competitive pricing has also enhanced the popularity of supermarkets or hypermarkets in both emerging economies as well as developed countries.

Asia Pacific Cosmetic Products Market To Record Highest CAGR Over 2024-2032

Marked growth of regional market can be attributed to technological breakthroughs, economic development, the rise in purchasing power of consumers, and changing fashion trends in the sub-continent. An increase in urban population, beauty consciousness among youth, and awareness about enhancing the personal appearance is predicted to define the growth of the cosmetic products market in the Asia Pacific zone.

Key players leveraging cosmetic products market growth and included in the report are

• The Procter & Gamble Company
• Alticor
• Revlon Inc.
• Avon Products Inc.
• Oriflame Holding AG
• Beiersdorf AG
• Yves Rocher
• Shiseido Company
• Limited
• Kao Corp.
• The Estee Lauder Companies Inc.
• Unilever PLC
• Mary Kay Inc.
• L’Oreal S.A.

Browse the full “Cosmetic Products Market - By Product (Skin Care Products, Hair Care Products, Color Cosmetics, Fragrances, Personal Care Products, And Oral Care Products), By Form (Solutions, Creams, Lotions, Ointments, Suspensions, Tablets, Powders, Gels, Sticks, And Aerosols), By Application (Lips, Eyes, Eyebrows, Nails, And Face), By Distribution Channel (Online, Beauty Salons, Specialty Stores, Direct Selling, Departmental Stores, Pharmacy, And Supermarkets), By Region (North America, Europe, Asia Pacific, Latin America, And The Middle East & Africa) - Global Industry Perspective, Comprehensive Analysis And Forecast, 2024-2032.” Report at https://www.zionmarketresearch.com/report/cosmetic-products-market

The global Cosmetic Products Market is segmented as follows:

By Application

• Lips
• Eyes
• Eyebrows
• Nails
• Face

By Distribution Channel

• Supermarkets
• Departmental Stores
• Online
• Beauty Salons
• Specialty Stores
• Direct Selling
• Pharmacy

By Product

• Skin Care Products
• Hair Care Products
• Color Cosmetics
• Fragrances
• Personal Care Products
• Oral Care Products

By Form

• Solutions
• Creams
• Lotions
• Ointments
• Suspensions
• Tablets
• Powders
• Gels
• Sticks
• Aerosols

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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