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Cosmetics Market size Achieved USD 295.5 billion in 2021 and is predicted to reach USD 430.0 billion in 2029 & the market is projected to grow at CAGR 4.8%.
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The US cosmetics market, valued at $93.74 billion in 2025, is projected to reach $118.27 billion by 2033, expanding at a CAGR of 2.63% from 2025 to 2033. The growing awareness of personal care and appearance, coupled with the rising disposable income of consumers, drives market growth. Additionally, the increasing demand for premium and organic cosmetics and the growing popularity of online retail channels contribute to market expansion. Key market trends shaping the US cosmetics industry include the increasing popularity of natural and organic products, personalized cosmetics, and the rise of e-commerce. Mass products dominate the market, accounting for a significant share due to their affordability and widespread distribution. However, premium products are gaining traction as consumers seek luxurious and high-quality cosmetics. Distribution channels such as specialist retail stores, supermarkets, and online platforms offer ample choices to meet diverse consumer preferences. Major players in the market include Alticor (Amway Corp.), The Estée Lauder Companies Inc., and L'Oréal S.A. Recent developments include: March 2022: Crest, a Procter & Gamble Company brand, launched Crest Densify, a premium toothpaste that actively rebuilds tooth density by remineralizing enamel. The toothpaste claims to strengthen the teeth and protect them from future decay., February 2022: Beiersdorf completed the acquisition of Chantecaille Beauté Inc., a leading prestige beauty company in the United States, to strengthen its premium skincare offering., July 2021: Unilever announced it had completed the acquisition of Paula's Choice, a digital skincare brand. The brand is known for its innovation and cruelty-free products.. Key drivers for this market are: Sustainable Fashion Trend, Strategic Expansion With Respect To E-commerce Subscription. Potential restraints include: High Cost of Rented Apparel Maintenance. Notable trends are: Growing Inclination Toward Organic, Natural, and Cruelty-Free Products.
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The South America Cosmetics Market size was valued at USD 299.77 USD million in 2023 and is projected to reach USD 376.26 USD million by 2032, exhibiting a CAGR of 3.3 % during the forecast period. South American cosmetics retail aims to cover a broad range of products based on native plants in the continent. From the South American rainforest up to the Andes, these cosmetics retailers use traditional ingredients and techniques while marketing products that address the worldwide demand for organic and sustainable cosmetics. These include facial care products such as creams and oils as well as bright colourful lip and eye products like lipsticks and eyeshadows. Their uniqueness therefore stems from the use of extracts such as acai, camu camu, and quinoa which are all antioxidants and are known to nourish the skin. The use ranges from washing to body treatment to gracious treatment such as the braiding of hair, the indication shows how culture embraced beauty in South American societies. Numerous functions are served by applying beauty enhancements; they are significant not only in enhancing the physical appearance of individuals but also for healing purposes, both physically and spiritually, owing to the natural ingredients used in the preparations. Recent developments include: October 2022: L’Oréal Brasil expanded its sun care portfolio to meet the country’s diverse skin needs. It developed 11 new shades of sunscreen formulas, increasing from 32 to 43 shades, and a new color terminology based on a numerical scale dedicated to Brazilian skins., March 2021: The Estée Lauder Companies Inc. partnered with Sephora Brazil to launch and distribute its wide range of franchises and products including Double Wear, Revitalizing Supreme+, Pure Color, Bronze Goddess, and Advanced Night Repair in-store and online., March 2021: Argentina banned cosmetic products containing microbeads due to the growing concern about pollution and its environmental impact.. Key drivers for this market are: Growing Demand for Bath Towels from End-use Industries to Propel the Market Growth. Potential restraints include: Relative Side Effects of Cosmetics to Limit Market Growth . Notable trends are: Dental Spas to Add Impetus to Industry Growth .
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The Cosmetics Market Report is Segmented by Product Type (Facial Cosmetics, Eye Cosmetics, and Lip and Nail Make-Up Products), Category (Premium Products, and Mass Products), Ingredient Type (Natural and Organic, and Conventional/Synthetic), Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).
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The global facial makeup market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 5.90% from 2025 to 2033. This expansion is fueled by several key drivers. Rising disposable incomes, particularly in emerging economies, are enabling increased spending on beauty and personal care products. Simultaneously, a growing awareness of self-care and the influence of social media trends, including beauty influencers and tutorials, are driving demand for a wide range of facial makeup products. The market's segmentation reflects this diversification, with face powder, facial foundation, and concealer remaining dominant, while categories like face bronzer and blush are experiencing notable growth due to increasing experimentation with makeup styles and techniques. The online retail channel is significantly contributing to market expansion, offering convenience and a wider selection to consumers. However, economic fluctuations and potential shifts in consumer preferences could act as restraints, requiring brands to adapt their strategies for sustained success. Competition is fierce amongst established players like L'Oreal SA, Estée Lauder, and Shiseido, driving innovation and the introduction of high-quality, diverse product offerings. The regional landscape displays a varied growth trajectory. North America and Europe currently hold significant market shares, owing to established consumer bases and high per capita spending on cosmetics. However, the Asia-Pacific region, specifically China and India, is anticipated to witness the fastest growth, driven by a burgeoning middle class and evolving beauty standards. This presents lucrative opportunities for existing and new market entrants. To maintain a competitive edge, companies are focusing on product innovation, including the development of vegan, cruelty-free, and sustainable formulations, catering to the increasing demand for ethically sourced and environmentally friendly products. Strategic partnerships, targeted marketing campaigns, and expansion into emerging markets will also play a crucial role in shaping the future of the facial makeup industry. Recent developments include: In 2021, Coty Inc. relaunched Kyle Cosmetics with new, improved formulas that are clean-label and vegan, along with attractive packaging. This innovation was done as per consumer preferences and due to the high demand for vegan and clean-label products. Consumers can now shop the brand globally through select brick-and-mortar retailers., In 2021, Coty Inc. expanded the Gucci beauty make-up line with new products for the face, lips, and eyes. The extended Gucci Poudre De Beauté Mat Naturel face powder line was launched in Asia-Pacific and European travel retail stores. Coty Inc. targeted to expand its business operation over Asia-Pacific and Europen consumers as they prefer using organic and natural products., In 2020, Shiseido Co. Ltd released a new cosmetic and skincare brand BAUM, with a total of 27 products and 45 items with tree-derived natural fragrances. The consumer demand for natural skin care products is rising, which increases the product demand and accelerates the growth of the market.. Notable trends are: Surge in Demand for Organic and Natural Ingredients.
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Africa Beauty And Personal Care Market Size 2024-2028
The Africa beauty and personal care market size is valued to increase USD 8.18 billion, at a CAGR of 8.51% from 2023 to 2028. Rising demand for anti-aging products will drive the Africa beauty and personal care market.
Major Market Trends & Insights
By Product - Skincare segment was valued at USD 4 billion in 2022
By Distribution Channel - Offline segment accounted for the largest market revenue share in 2022
Market Size & Forecast
Market Opportunities: USD 81.93 million
Market Future Opportunities: USD 8177.50 million
CAGR from 2023 to 2028 : 8.51%
Market Summary
The market is experiencing significant growth, fueled by increasing consumer awareness and disposable income. According to market research, the market value is projected to reach USD16.2 billion by 2025, expanding at a steady pace. This expansion is driven by the rising demand for anti-aging products and the emergence of beauty and personal care items with natural ingredients. Consumers are increasingly concerned about the potential adverse health effects of synthetic chemicals used in these products. As a result, companies are responding by introducing more natural alternatives, such as herbal extracts and essential oils. This shift towards natural ingredients is not only beneficial for consumers' health but also appeals to the growing eco-consciousness movement.
Despite these opportunities, the market faces challenges, including regulatory issues and supply chain complexities. Governments across Africa are implementing stricter regulations on cosmetics and personal care products, which can impact production costs and market entry. Additionally, the lack of a well-established supply chain for raw materials can hinder growth. In conclusion, the market is poised for continued expansion, driven by increasing consumer demand and the shift towards natural ingredients. However, companies must navigate regulatory challenges and complex supply chains to capitalize on this growth.
What will be the Size of the Africa Beauty And Personal Care Market during the forecast period?
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How is the Beauty And Personal Care in Africa Market Segmented and what are the key trends of market segmentation?
The beauty and personal care in Africa industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Product
Skincare
Hair care
Color cosmetics
Fragrances
Others
Distribution Channel
Offline
Online
Consumer Demographics
Mass Market Consumers
Premium Product Consumers
Men's Grooming
Baby and Child-Specific Products
Geography
Middle East and Africa
Egypt
Kenya
South Africa
By Product Insights
The skincare segment is estimated to witness significant growth during the forecast period.
Amidst the growing consciousness towards personal care and beauty in Africa, the market continues to evolve, with skincare leading the charge. House of Tara International, a Nigerian brand, exemplifies this trend, boasting a strong presence through its specialized offerings for women of color. This surge in demand is driven by the unique skincare needs of African consumers, with natural ingredients like shea butter and baobab oil gaining popularity. In 2021, House of Tara reported a 30% increase in sales, underscoring the potential of this sector. Brands are also focusing on marketing campaign effectiveness, ethical sourcing practices, and sustainable beauty practices to meet evolving consumer preferences.
Skincare ingredient sourcing, distribution channel optimization, and brand loyalty programs are crucial elements in this dynamic landscape. The cosmetics manufacturing process is undergoing digital transformation, with e-commerce platform integration, product safety assessment, and cosmetic preservative systems becoming essential components. Consumer purchase behavior and preference research guide product formulation, from color cosmetics to haircare. The industry's future lies in innovation, with anti-aging skincare technology, fragrance compound development, and ingredient traceability systems shaping the market.
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The Skincare segment was valued at USD 4 billion in 2018 and showed a gradual increase during the forecast period.
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Market Dynamics
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The African beauty and personal care market presents a significant growth opportunity for brands seeking to cater to the diverse con
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Brazil Cosmetics Market Size 2025-2029
The Brazil cosmetics market size is valued to increase USD 5.5 billion, at a CAGR of 7.2% from 2024 to 2029. Rise in sales of cosmetics through e-commerce channels will drive the Brazil cosmetics market.
Major Market Trends & Insights
By Product - Skincare products segment was valued at USD 4.20 billion in 2022
By Distribution Channel - Offline segment accounted for the largest market revenue share in 2022
CAGR from 2024 to 2029 : 7.2%
Market Summary
The market continues to evolve, driven by the rising sales of cosmetics through e-commerce channels, which accounted for over 15% of the total market share in 2021. This shift is fueled by the surging adoption of multichannel marketing strategies by cosmetics brands. However, the market faces challenges, including the availability of counterfeit brands, which undermine consumer trust and pose a threat to market growth. The Brazilian cosmetics industry is characterized by the use of core technologies such as nanotechnology and biotechnology in product development.
Applications include skincare, makeup, and fragrances, while services range from salon treatments to online consultations. Regulatory bodies like Anvisa oversee market activities, ensuring compliance with safety and quality standards. These evolving market dynamics underscore the ongoing importance of staying informed about the latest trends and developments in the Brazilian cosmetics market.
What will be the Size of the Brazil Cosmetics Market during the forecast period?
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How is the Cosmetics in Brazil Market Segmented ?
The cosmetics in Brazil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Skincare products
Haircare products
Color cosmetics
Fragrances and deodorants
Distribution Channel
Offline
Online
Category
Mass Market
Premium
Natural/Organic
Vegan
Cruelty-Free
Geography
South America
Brazil
By Product Insights
The skincare products segment is estimated to witness significant growth during the forecast period.
The market, particularly the skincare segment, continues to evolve with ongoing activities and emerging trends. Skincare products, including creams, lotions, toners, exfoliators, and serums, cater to various uses such as anti-aging, skin-whitening, and sun protection. The market's growth is driven by factors like an increasing older population and technological advancements in the cosmetics manufacturing process. Ingredient safety data and packaging material compatibility are crucial considerations in product development. Clinical trial designs focus on UV filter efficacy, and efficacy testing protocols assess skin hydration measurement, nanoparticle encapsulation, and antioxidant activity assays. Fragrance formulation, emulsion rheology, and product formulation development incorporate texture analysis techniques and sensory evaluation methods.
Regulations regarding ingredient labeling, sourcing sustainability, and ethical practices are essential. Skin permeation enhancers, quality control procedures, and supply chain traceability ensure product safety and consumer trust. Ethical sourcing practices, skin irritation testing, cosmetic ingredient stability, and packaging design innovation are all integral components of the cosmetics industry. The market's growth is further supported by advancements in technology, such as in-vitro skin models, microbiome analysis, and color stability testing. Dermal absorption studies and product claims substantiation are crucial for product development and consumer confidence. The cosmetics industry's commitment to consumer product safety, product shelf life, and sustainability certifications further solidifies its position in the market.
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The Skincare products segment was valued at USD 4.20 billion in 2019 and showed a gradual increase during the forecast period.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The Brazilian cosmetics market witnesses significant growth driven by consumer preferences for effective topical antioxidants and advanced formulations. Liposome size distribution analysis and skin permeation enhancement technology play crucial roles in enhancing the efficacy of these products. Stability of cosmetic emulsions is a key concern, necessitating rigorous quality control in cosmetic manufacturing. Sensory attributes of skin creams and assessment of skin irritation are essential factors in
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Waterless Cosmetics Market Size, Share & Analysis Report by Gender, By Category, By Distribution Channel and By Region - Global Opportunities & Forecast, 2021-2028
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The organic cosmetics market is valued at US$ 21558.3 million in 2024. It is projected to reach US$ 35452.08 million by 2034, exhibiting a CAGR of 5.10% over the forecast period.
Attributes | Key Statistics |
---|---|
Expected Base Year Value (2024) | US$ 21558.3 million |
Anticipated Forecast Value (2034) | US$ 35452.08 billion |
Estimated Growth (2024 to 2034) | 5.10% CAGR |
Category-wise Insights
Attributes | Details |
---|---|
Product | Skin Care |
Market Share | 40.00% |
Attributes | Details |
---|---|
End-user | Women |
Market Share | 32.50 |
Country-wise Insights
Countries | CAGR |
---|---|
Japan | 10.30% |
India | 8.50% |
China | 7.50% |
Singapore | 6.40% |
Canada | 4.90% |
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Global Cosmetic market size 2021 was recorded $354.993 Billion whereas by the end of 2025 it will reach $450.78 Billion. According to the author, by 2033 Cosmetic market size will become $726.869. Cosmetic market will be growing at a CAGR of 6.154% during 2025 to 2033.
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The US cosmetics market, a significant segment of the global industry, is experiencing robust growth, driven by several key factors. The market's value, estimated at $93.74 billion in 2025, is projected to expand steadily, fueled by increasing disposable incomes, a heightened focus on personal care and beauty among consumers, and the proliferation of innovative products catering to diverse needs and preferences. The rise of social media influencers and beauty bloggers further contributes to market expansion by shaping consumer trends and driving demand for new products and brands. Premium products command a substantial share, reflecting a consumer preference for high-quality, luxury items and experiences. However, the mass market segment remains vital, offering accessible and affordable options for a broad consumer base. Distribution channels are diverse, with online retail witnessing significant growth alongside traditional channels like specialist stores, supermarkets, and pharmacies. Key players like Estée Lauder, L'Oréal, and Unilever, along with emerging brands, are constantly striving to innovate, capturing market share through strategic marketing, product diversification, and effective distribution strategies. The competitive landscape is fiercely competitive, with established multinational corporations facing challenges from both smaller, agile brands and the increasing popularity of direct-to-consumer (DTC) models. Consumer preferences are dynamic, with a growing demand for natural, organic, and ethically sourced products alongside the continued popularity of traditional cosmetic items. The market's segmentation across product types (hair care, skincare, makeup, etc.) and distribution channels offers various opportunities for targeted marketing and product development. Future growth will be influenced by factors such as economic stability, evolving consumer preferences, and regulatory changes impacting the use of certain ingredients. A focus on sustainability and ethical sourcing is becoming increasingly critical, influencing brand choices and product innovation. The continued integration of technology, such as personalized beauty recommendations powered by artificial intelligence, promises to further transform the market's dynamics in the coming years. Recent developments include: March 2022: Crest, a Procter & Gamble Company brand, launched Crest Densify, a premium toothpaste that actively rebuilds tooth density by remineralizing enamel. The toothpaste claims to strengthen the teeth and protect them from future decay., February 2022: Beiersdorf completed the acquisition of Chantecaille Beauté Inc., a leading prestige beauty company in the United States, to strengthen its premium skincare offering., July 2021: Unilever announced it had completed the acquisition of Paula's Choice, a digital skincare brand. The brand is known for its innovation and cruelty-free products.. Notable trends are: Growing Inclination Toward Organic, Natural, and Cruelty-Free Products.
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Skin Care, Make Up and Cosmetics Market Size Value in Romania, 2021 Discover more data with ReportLinker!
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Recent developments include: In 2023, The Body Shop launched a new collection of cruelty-free, vegan, and high-performance makeup, featuring ingredients like hyaluronic acid, tea tree oil, and vitamin C. This new generation of makeup not only enhances self-expression but also provides skincare benefits. , In December 2023, The Body Shop became the first global beauty brand to achieve 100% vegan product formulations across all ranges, certified by The Vegan Society. This milestone aligns with their long-standing commitment to cruelty-free beauty, having campaigned against animal testing since 1989. This strategic initiative sets a new standard in the industry, promoting vegan and cruelty-free products and reducing animal exploitation in beauty products. , In March 2021, Garnier was officially certified as cruelty-free by Cruelty Free International under the Leaping Bunny programme, marking a significant ethical milestone. This certification involved an extensive 18-month investigation of Garnier's entire supply chain, encompassing up to 500 suppliers and over 3,000 ingredients. As part of this initiative, Garnier ceased sales in mainland China, where animal testing is mandatory for certain cosmetics. .
The revenue in the 'Natural Cosmetics' segment of the beauty & personal care market in Indonesia was forecast to continuously increase between 2025 and 2030 by in total 85 million U.S. dollars (+31.46 percent). After the ninth consecutive increasing year, the revenue is estimated to reach 355.23 million U.S. dollars and therefore a new peak in 2030. Notably, the revenue of the 'Natural Cosmetics' segment of the beauty & personal care market was continuously increasing over the past years.Find more information concerning the United States and France. The Statista Market Insights cover a broad range of additional markets.
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Cosmetic Products Market Size 2025-2029
The cosmetic products market size is forecast to increase by USD 126.4 billion, at a CAGR of 5.8% between 2024 and 2029. The market is driven by the rising aging population and the growing preference for organic cosmetics and cosmeceuticals. The aging population presents a significant opportunity as consumers in this demographic often prioritize skincare and personal grooming.
Major Market Trends & Insights
APAC dominated the market and contributed 35% to the growth during the forecast period.
The market is expected to grow significantly in Europe region as well over the forecast period.
Based on the Product, the Skincare products segment led the market and was valued at USD 141.80 billion of the global revenue in 2023.
Based on the Distribution Channel, the Offline segment accounted for the largest market revenue share in 2023.
Market Size & Forecast
Market Opportunities: USD 47.95 Billion
Future Opportunities: USD 126.4 Billion
CAGR (2024-2029): 5.8%
APAC: Largest market in 2023
The increasing awareness and concern for health and wellness have led to a surge in demand for organic and natural cosmetic products. However, this market landscape is not without challenges. The presence of counterfeit products poses a significant threat, as these products not only undermine brand reputation but also potentially harm consumers. Companies must invest in robust counterfeit prevention measures and maintain transparency to build consumer trust. Organic and natural cosmetics and cosmeceuticals are expected to remain key growth areas, with innovation in product development and sustainable sourcing being crucial differentiators. Companies that can effectively navigate these trends and challenges will be well-positioned to capitalize on the market's potential.
What will be the Size of the Cosmetic Products Market during the forecast period?
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The market continues to evolve, with dynamic market trends shaping various sectors. Nail care, for instance, sees the ongoing development of innovative entities like nail removers, enhancing user experience through improved efficacy and gentler formulations. In the realm of hair care, hair oils and shampoos cater to diverse hair types, while fragrance profiles, essential oils, and plant extracts infuse products with desirable scents and therapeutic benefits. Online sales channels gain traction, offering consumers convenience and accessibility. Quality control measures, such as allergy testing and dermatological testing, ensure product safety and efficacy. Price points span the mass market to luxury segments, catering to diverse consumer preferences.
Makeup sponges, brushes, and various skincare offerings, including night creams, eye creams, and day creams, address the ever-evolving consumer behavior and diverse skin types. UV protection and anti-aging properties are increasingly sought-after features in skincare products. Supply chain optimization and shelf life considerations are crucial factors in the cosmetics industry, ensuring timely delivery and maintaining product integrity. Product testing and innovation continue to drive market growth, with the introduction of new entities like body wash, body lotion, and body scrub, among others. Packaging design plays a significant role in consumer appeal, with color payoff and eau de parfum offerings catering to the sensory experience.
Consumers continue to demand effective and high-quality products across various categories, driving the ongoing unfolding of market activities and evolving patterns.
How is this Cosmetic Products Industry segmented?
The cosmetic products industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Skincare products
Haircare products
Color cosmetics
Fragrances and deodorants
Distribution Channel
Offline
Online
End-user
Men
Women
Category
Conventional
Natural/Organic
Vegan
Price Range
Mass/Economy
Mid-Range
Premium/Luxury
Geography
North America
US
Canada
Europe
France
Germany
Italy
UK
Middle East and Africa
Egypt
KSA
Oman
UAE
APAC
China
India
Japan
South America
Argentina
Brazil
Rest of World (ROW)
By Product Insights
The skincare products segment is estimated to witness significant growth during the forecast period. The segment was valued at USD 141.80 billion in 2023. It continued to the largest segment at a CAGR of 4.58%.
The cosmetics market in the US is witnessing significant growth in
The global revenue change in the 'Natural Cosmetics' segment of the beauty & personal care market was forecast to continuously decrease between 2025 and 2030 by in total 1.8 percentage points. According to this forecast, in 2030, the revenue change will have decreased for the seventh consecutive year to 5.13 percent. Find more information concerning Europe and France. The Statista Market Insights cover a broad range of additional markets.
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Market Summary of Cosmetic Packaging Market:
According to cognitive market research, in 2023, the global cosmetics packaging market was valued at USD XX billion and is expected to expand to around USD XX billion by 2032, reflecting a compound annual growth rate (CAGR) of XX% throughout the 2024-2032 forecast period.
The North America Cosmetic Packaging market size was USD XX Million in 2021, and it is expected to reach USD XX Million in 2033.
The European Cosmetic Packaging market size was USD XX Million in 2021, and it is expected to reach USD XX Million in 2033.
The Asia Pacific Cosmetic Packaging market size was USD XX Million in 2021, and it is expected to reach USD XX Million in 2033.
The South America Cosmetic Packaging market size was USD XX Million in 2021, and it is expected to reach USD XX Million in 2033.
The Middle East and Africa Cosmetic Packaging market size was USD XX Million in 2021, and it is expected to reach USD XX Million in 2033.
Market Dynamics of Cosmetic Packaging Market
Key Drivers of Cosmetic Packaging Market
An increase in the usage of Cosmetics drives the market for Cosmetic packaging.
Cosmetics are used for a variety of puposes like to improve or modify one's look, including hiding imperfections, highlighting one's natural features (like eyebrows and eyelashes), adding colour to the face, and completely changing the appearance of the face to resemble a new person. One can use products made for personal hygiene and skin care to wash the body and skin. Makeup, or cosmetics intend to improve or enhance one's appearance, can be applied to a person's face to change its appearance completely make it resemble a different person, and accentuate one's inherent characteristics. Idealized bodies and features are a standard by which many people judge themselves on social media, where digitally edited photographs, well-lit movies, and face filters are commonplace. Therefore, to look a certain way and self-consciousnesses among people, cosmetics product usage is increasing. Among the other industries, the cosmetics business has the widest range of packaging needs. Materials used include glass, paper, plastic, and other metals. These materials can be used to create containers with a variety of sizes, shapes, and dispensing methods for the making of tubes, boxes, containers, etc. For Instance, Beauty firms frequently use tubes for many kinds of goods, but particularly for hair care products. According to Bruno Lebeault, marketing director of Viva Healthcare Packaging, "Our tube business keeps growing." "There is an increasing number of hair care brands choosing tubes, and we're seeing growth in brands choosing velvet touch finishes and smaller tubes," he says.(Source:https://www.beautypackaging.com/issues/2023-06-01/view_features/love-grows-for-tubes/)There are increasing prospects for cosmetic items in emerging economies. Furthermore, The creation of new packaging styles and constant advancements in packaging technology are major factors propelling the cosmetic packaging market's expansion Improvements in disposable income, heightened awareness of personal hygiene, changing lifestyles, and the release of creative designs like sprays and sticks have made this feasible. Hence, The significance of cosmetic packaging in establishing brand identity and drawing in customers makes it a vital component of the beauty industry.
Growing awareness of personal appearance and body care is driving market growth
One of the primary drivers of growth in the global cosmetics packaging market is the increasing awareness of personal appearance and body care. Shifts in consumer demographics and purchasing behavior have fueled a rising demand for cosmetics. This trend is expected to propel the expansion of the cosmetic packaging industry. Additionally, growing consumer spending on overall well-being and physical attractiveness is likely to further boost demand for cosmetics, enhancing the customer experience. For instance, on average, women in the US allocate more than $10 daily to beauty expenses, with haircuts, makeup, and skincare being the top spending categories, amounting to $85 per month. Additionally, these trends may drive the development of customized packaging, contributing to the expansion of the cosmetic packaging industry. The rise of e-commerce and increased internet usag...
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Discover the current state and future growth of the global cosmetics market. Learn about key segments, major players, and factors driving the market's expansion, including shifting consumer trends influenced by the COVID-19 pandemic.
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Middle East Halal Cosmetics Market is anticipated to grow at a CAGR of more than 10% during the forecast period, i.e., 2021-26, says MarkNtel Advisors.
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Cosmetics Market size Achieved USD 295.5 billion in 2021 and is predicted to reach USD 430.0 billion in 2029 & the market is projected to grow at CAGR 4.8%.