Latest industry research report on Cosmetics (makeup or beauty products) are mixtures of different chemical compounds generally used to enhance the appearance or odor of the human body. The cosmetics products that are predominantly available and used by individuals are sun care, skin care, hair care, deodorants, makeup & color cosmetics, and fragrances. These products are offered primarily through retail stores and online portals. The world cosmetics market is expected to grow at a CAGR of 4.3% from 2016 to 2022.
Factors that strengthen the growth of this market include change in lifestyle, rise in disposable income, need for skin care products due to varying climatic conditions, and change in packaging styles & attractive marketing strategies.
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However, factors hindering the market growth are increasing awareness of probable side effects of chemical based cosmetics and advanced beauty treatments. Moreover, rising demand for natural, herbal, and organic beauty products creates potential opportunities for manufacturers to innovate and develop new products according to consumer preferences.
The world cosmetics market is segmented based on category, mode of sales, gender and geography.
BY MODE OF SALE
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