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Showing posts with the label Cosmetics Market Demand

Global Cosmetics Market is anticipated to Witness High Growth owing to Rising Demand for Premium and Niche Products

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  Cosmetics include skincare, hair care, makeup, perfumes, and other products used to enhance one's appearance or odor. The global cosmetics industry has grown tremendously over the past few decades driven by increasing disposable incomes, growing beauty consciousness among both men and women, and the rising use of cosmetic products for general well-being and not just for enhancing looks. Various factors are contributing to the rising popularity of premium and niche cosmetic brands that focus on natural and organic ingredients, luxury formulations and sustainable packaging. The need for multi-functional, results-oriented cosmetic products is also on the rise. The Global Cosmetics Market is estimated to be valued at US$ 438.5 Bn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period of 2023 to 2030. Key Takeaways Key players operating in the  Cosmetics Market  are L’Oreal S.A, Unilever plc., The Procter & Gamble Company, The Estee Lauder Companies I...

The global cosmetics market Growth Accelerated by Increasing Demand for Natural and Organic Cosmetic Products

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  Cosmetics are personal care products used to enhance one's appearance and overall hygiene. They include products like skin creams, lotions, cleansers, fragrances, makeup, hair care products and numerous others. Cosmetic products help nourish and protect the skin from environmental damage while also giving it a healthy glow. The global cosmetics market is estimated to be valued at US$ 438.5 Bn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growth of the global cosmetics market is expected to be accelerated by the increasing demand for natural and organic cosmetic products. There is a rising consumer preference for cosmetic products containing natural ingredients over chemically derived ingredients due to growing health and environmental concerns. Many cosmetic brands are introducing natural lines containing natural extracts and oils to cater to thi...

The global cosmetics market is estimated to Expand driven by rising disposable incomes

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  Cosmetics provide skin care and enhance beauty through the use of makeup products like foundations, eye shadows, lipsticks and more. The growing cosmetic industry is driven by factors like rising disposable incomes, increasing working women population, and greater awareness about personal grooming and aesthetics. The global cosmetics market is estimated to be valued at US$ 438.5 Bn in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: The demand for cosmetics is accelerating driven by rising incomes. One of the key trends spurring market growth is the increasing preference for organic and natural cosmetic products. Consumers are shifting towards herbal, mineral and chemical-free products due to rising health concerns from chemicals used in cosmetics. They are willing to pay premium prices for natural, safe cosmetics. This has encouraged established players a...