Global Cosmetics Manufacturing Market Size To Exceed USD 926.5 Billion By 2035 | CAGR of 6.31%
Category: Consumer GoodsGlobal Cosmetics Manufacturing Market Size To Exceed USD 926.5 Billion By 2035
According to a research report published by Spherical Insights & Consulting, The Global Cosmetics Manufacturing Market Size is Expected to grow from USD 472.5 Billion in 2024 to USD 926.5 Billion by 2035, at a CAGR of 6.31% during the forecast period 2025-2035.
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Browse key industry insights spread across 240 pages with 120 Market data tables and figures & charts from the report on the "Global Cosmetics Manufacturing Market Size, Share, and COVID-19 Impact Analysis, By Product (Skincare, Hair Care, Makeup, Fragrances, and Others), By Distribution Channel (Grocery Stores & Supermarkets, Specialty Stores, Pharmacies, Department Stores, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/cosmetics-manufacturing-market
The cosmetics manufacturing market is the industry encompassing the personal care and beauty products, including skincare, hair care, makeup, fragrances, and hygiene products. The cosmetics manufacturing process involves sourcing raw materials, formulation and mixing, packaging, testing, and quality assurance. There is a growing significance of enhancing personal appearance, with an increasing popularity of products related to skincare, color cosmetics, and hair care for daily grooming routines. The emergence of sustainable production and the use of biodegradable packaging are reducing the environmental impact of the product. Increasing innovations and efficiency in premium cosmetic products are creating new market opportunities. The growing fashion trends and changing consumer lifestyles are driving the growth of the cosmetics manufacturing market. However, the side effects associated with harmful chemicals in the product formulation are hampering its adoption, thereby challenging the market growth.
The hair care segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product, the cosmetics manufacturing market is divided into skincare, hair care, makeup, fragrances, and others. Among these, the hair care segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. Trends towards hair coloring and the adoption of long hair among men are driving the cosmetics manufacturing market.
The grocery stores & supermarkets segment accounted for the largest market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the distribution channel, the cosmetics manufacturing market is divided into grocery stores & supermarkets, specialty stores, pharmacies, department stores, and others. Among these, the grocery stores & supermarkets segment accounted for the largest market share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. Innovative fixtures and advanced merchandising tools in the grocery stores provide grocers with efficiencies, simplifying cosmetic resets, minimizing disruption to the department.
North America is expected to hold the majority share of the global cosmetics manufacturing market during the forecast period.
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North America is expected to hold the majority share of the global cosmetics manufacturing market during the forecast period. Digital transformation in retail environments and product premiumization are contributing to promoting market growth. Further, an increasing demand for natural and organic cosmetics, as consumers seek products that are sustainable and environmentally friendly, is driving the market.
Asia Pacific is anticipated to grow at the fastest pace in the global cosmetics manufacturing market during the forecast period. The growing need for sustainable and holistic beauty options is promoting the cosmetics manufacturing market. An increasing disposable income, urban expansion, and consumer awareness about personal grooming & skincare, positively influencing the market.
Major vendors in the global cosmetics manufacturing market are Estée Lauder Companies Inc., Procter & Gamble Co., Unilever PLC, Coty Inc., Shiseido Company, Limited, Revlon Inc., Johnson & Johnson, Amway Corporation, Avon Products, Inc., Mary Kay Inc., Natura & Co., Henkel AG & Co. KGaA, Kao Corporation, Beiersdorf AG, Colgate-Palmolive Company, Charlotte Tilbury Beauty Ltd., Kylie Cosmetics, Fenty Beauty by Rihanna, Glossier, Inc., and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In November 2024, Armani Beauty officially launched its first flagship store in India, located at the DLF Promenade in New Delhi. This marks a significant milestone for the brand, as the store offers the complete range of Armani Beauty make-up and skincare products, alongside its popular fragrance collection.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the cosmetics manufacturing market based on the below-mentioned segments:
Global Cosmetics Manufacturing Market, By Product
- Skincare
- Hair Care
- Makeup
- Fragrances
- Others
Global Cosmetics Manufacturing Market, By Distribution Channel
- Grocery Stores & Supermarkets
- Specialty Stores
- Pharmacies
- Department Stores
- Online Sales
- Others
Global Cosmetics Manufacturing Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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