DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/f2lvdg/global_cosmetics) has announced the addition of the "Global Cosmetics Market - By Product type, Ingredient, Geography, And Vendors - Market Size, Demand Forecasts, Industry Trends and Updates, Supplier Market Shares 2014- 2020" report to their offering.
The global Cosmetic market was 460 billion USD in 2014 and is estimated to reach 675 billion USD by 2020 growing at a rate of 6.4%. Of the cosmetic products, Skin care has the highest market share while Oral Cosmetics would be the fasted growing market during the forecasted period.
Growth by Region:
APAC leads the cosmetic industry with a market share of 35% in 2014, followed by Western Europe and North America. The high market share of Asia Pacific region is attributed to the fact that customers are relatively beauty conscious. Moreover, with the expected growth rate being highest among all regions, APAC is the region of focus for the cosmetics providers.
Drivers vs. Constraints:
- E-Retail / Online Shopping
- Rise in disposable income
- Travel Retail
- Product Innovation
- Consumer perception of the products causing side effects
- Unregulated market
The sale of cosmetics is seeing a shift from being traditionally purchased to buying online. Moreover, increase in spending income, especially in the developing countries is driving the market.
In addition to the above factors, other factors acting as drivers/constraints to the industry are available in the report along with a detailed description of their impact on the market.
Industry Trends and Updates:
- Product Innovations
Companies are focusing on bringing in products specific to the consumer requirement. Gender specific products are also increasing at a rapid pace.
- Organic products
Growing concerns on the long term effects due to usage of cosmetics is forcing the companies to bring in organic products as well. This market is expected to increase during the forecasted period.
- Focus on Packaging
Cosmetics Manufacturers profiling:
The report also provides supplier intelligence which includes information such as top players in the industry (Procter and Gamble, Johnson and Johnson, L'Oreal, Avon, Henkel, Estee Lauder, etc. among others). This also gives information on the supplier's market share, competitive landscape as well.
Key Topics Covered:
- Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Cosmetics Market Segmentation, Forecasts and Trends - by Volume, by Revenue
6. Global Vendor Market Share Analysis
7. Competitive Intelligence - Company Profiles
8. Investment Analysis
9. Future of Cosmetics Market
- Estee Lauder
- Hindistan Unilever
- Johnson and Johnson
- Procter and Gamble
For more information visit http://www.researchandmarkets.com/research/f2lvdg/global_cosmetics