Global Women Cosmetics Market Overview:
Women's cosmetic market is expected to grow exponentially during the forecast period owing to the increasing working women population and improved spending capacity by them. Also, increasing demand for natural and organic cosmetics is generating lucrative opportunities and propelling players to innovate new products according to the ever-changing customer preference. The women cosmetic market is expected to witness augmenting demand for sun and skin care products owing to variable climatic conditions, and skin aging thereby contributing towards revenue growth. According to AMA, the Global Women Cosmetics market is expected to see growth rate of 3.15%
- Growing Need for Skin Care Products owing to Changing Climatic Conditions
- Increasing Demand for Organic and Natural Cosmetic Products
- Growing Adoption of Sun Care Products
- Increasing Online Sales of Cosmetic Products
- Side Effects of Chemical Based Cosmetics
- Elongated Time For New Product Launches
- Attractive Promotional and Marketing Strategies
- Product Innovation According to Customer Preferences
- Advanced Medical Beauty Treatments
- Easy Availability of Forged Products
- High Competition By Low Priced Alternatives
Women’s cosmetic market is highly fragmented owing to the number of players present in the market. Market leaders are focusing on product innovation owing to an increasing demand for natural ingredients in cosmetic products. Such niche level up gradation, is expected to maintain demand for cosmetics, thereby ensuring long-standing of the industry.
Some of the key players profiled in the report are L’Oréal International (France), Lakme Cosmetics (India), Avon LLC (United Kingdom), Maybelline LLC (United States), The Procter & Gamble Company (United States), Amway (United States), Oriflame Cosmetics AG (Sweden), Revlon Inc. (United States), The Estee Lauder Companies Inc. (United States), Unilever PLC (United Kingdom), Shiseido Company, Ltd. (Japan), Yves Rocher SA (France) and La Roche-Posay (United States). Additionally, following companies can also be profiled that are part of our coverage like Kao Corporation (Japan), Beiersdorf Inc. (United States), Logocos Naturkosmetik AG (Germany), Colorbar Cosmetics Pvt. Ltd (India) and JUICE BEAUTY (United States). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Women Cosmetics market by 2024. Considering Market by Distribution Channel, the sub-segment i.e. General departmental store will boost the Women Cosmetics market.
On Aug 1, 2018, L’Oréal International acquired Logocos Naturkosmetik AG, pioneered in natural cosmetics. This acquisition would help L’Oréal International to diversify their product portfolio in the natural cosmetic products space.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Women Cosmetics market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Women Cosmetics market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Supermarkets/Hypermarkets, Exclusive Retail Stores, Women Cosmetics manufacturers, Women Cosmetics suppliers, Research organizations and consulting companies, Organizations, associations and alliances related to Women Cosmetics manufacturing, Government bodies such as regulating authorities and policy makers., Industry associations, Market research and consulting firms and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.