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Press Release

Worldwide Cosmetic Market to Touch $471 Billion by 2025: Study

The global beauty market is usually divided into five main business segments: skincare, haircare, color (make-up), fragrances and toiletries.This report offers an analysis of the drivers and restraints impacting the cosmetics market growth. The market is growing by leaps and bounds with several factors playing a role in it.

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Portland, OR -- (SBWIRE) -- 12/08/2017 -- The global Cosmetics Market was valued at $315,383.70 million in 2014 and is likely to garner $471549.7 million in 2025, growing at a CAGR of 4.16% during the forecast period according to Progressive Markets report, Cosmetics Market Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025.

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The report provides a thorough analysis of the cosmetics market for the period 2014-2025. It includes the market size and shares analysis, market drivers and restraints, Porters analysis, market forecast, market trends, and company profiles. The information provided in the report is useful to market players and investors as it helps them in strategic market planning to grow and expand their reach further. The report includes information procured through an intensive primary and secondary research along with inputs from industry leaders.

The research offers an executive summary, which presents the key findings in the cosmetics market research along with an analysis of any research and development associated with the field. Key findings outlined in the report helps market players comprehend the key winning strategies and identify the prolific investment pockets. Porters Five Forces model provided in the report helps market players determine the degree of competition in the industry and plan wisely to gain a competitive edge. Bargaining power of suppliers, bargaining power of buyers, the threat of new entrants, the threat from substitutes, and industrial rivalry are the parameters used to analyze the model.

The report offers an analysis of the drivers and restraints affecting the growth of the cosmetics market. This data helps a prospective investor understand the conditions related to the rise and fall of the industry, thereby helping him evaluate the threats related to this specific domain. The drivers which encourage the industry growth include a change in lifestyles of consumers, increase in their disposable incomes, the growth in global economies, the growing demand for skin and sun care products due to varying climatic conditions, the attractive packaging styles for cosmetics, and consumers shift of preference towards natural and organic beauty products. Restraints which cause to diminish the market growth include the advanced beauty treatments and the increasing awareness of probable side effects of cosmetics.

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The report provides information regarding cosmetics market segmentation based on category, mode of sale, gender, and geography. Based on category, the cosmetics market is divided into skin and sun care products, hair care products, deodorants, makeup and color cosmetics, and fragrances. The skin and sun care products segment garnered $107955.8 million in 2014 and is expected to reach $204665.4 million in 2025, growing at a CAGR of 6.43% during the forecast period, 2018-2025. The deodorants segment is likely to grow at a CAGR of 4.91% during the forecast period. By mode of sale, the cosmetics industry is bifurcated into retail sale and online sale. The online sale sector is expected to grow at a CAGR of 8.32% during the forecast period. Based on gender, the market is classified into men and women. Based on geography, the market is analyzed across the regions such as North America, Europe, Asia-Pacific, and LAMEA. The report provides necessary data in the form of country wise historical market size from 2014-2017 as well as a market forecast for the period from 2018-2022.

The report gives a detailed analysis of key market players providing solutions in the cosmetics market. Besides the overview of each company, information regarding their financial and business segments as well as any recent developments are included in the market research report. This information helps investors and market players recognize future competitors and develop strategies to further their own business. The report provides a list of major companies that have played a role in the market's growth. They include Loral International, Avon Products, Inc., The Procter & Gamble Company, Unilever PLC, Oriflame Cosmetics S.A., Revlon, Inc., Kao Corporation, The Estee Lauder Companies Inc., Shiseido Company Limited, and Skin Food.

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