DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Cosmetics Market with Focus on Premium Cosmetics Market (2016-2020)" report to their offering.
The cosmetics refer to the products that enhance and beautify the external appearance of the body. The cosmetics rejuvenate, refresh and enhance the physical traits of the individual without the change in the body structure and functions. In the early decades the cosmetics were used for medicinal and health reasons. The cosmetics can be classified on the basis of product range and distribution channel. The product range includes the personal hygiene products and other cosmetics. The distribution channel includes departmental stores, e-commerce, drugstores and own brand stores, etc.
The cosmetics can further be classified on the basis of prestige, on the basis of need, on the basis of products and on the basis of application. There is also an emerging trend of digitalization in cosmetic and make-up category, driven by selfies, e-commerce, make-up blogging and tutorials, etc.
Global cosmetic market has increased at a significant CAGR during the years 2009-2015 and projections are made that the market would rise in the next four years i.e. 2016-2020 tremendously. The cosmetic market is expected to increase due to growth in e-commerce industry, digital advertising, upsurge of social media, urbanization, emergence of male grooming products, etc. Yet the market faces some challenges such as, counterfeit products, ban on animal testing, etc.
- Chanel SAS
- Estee Lauder Companies Inc.
Key Topics Covered:
1. Executive Summary
3. Global Market Analysis
4. Regional Market Analysis
5. Market Dynamics
6. Competitive Landscape
7. Company Profile
For more information about this report visit http://www.researchandmarkets.com/research/nkwcps/global_cosmetics