The beauty industry was assessed at $532 billion in 2021, with cosmetic items including eye, face, nail, and associated accessories accounting for billion in sales in the United States.
The Maximize Market Research has published a global market intelligence and research report on E-commerce cosmetic and Fragrance Market on 23th November 2022. Leading analyst at Maximize Market research has said that North America held the largest market share of 38% in 2021 and is expected to keep its dominance in forecast period. However, market opportunities for E-commerce cosmetic and Fragrance are increasing in developing economies in APAC region and India, Malaysia. Bangladesh, Vietnam are lucrative opportunities for the key players in the industry.
The report has covered the 34 countries across the world, which are supposed to be the attractive destinations for stakeholders in the industry. The key players selected for profiling and benchmarking are selected on their global presence, regional dominance, and probable investment criteria. The analyst at MMR has tried to give good representation to global, regional and local players in the competitive landscape. “Having said this, Sr. Analyst has said that, while estimating market size by different segment, they have not left any stone unturned to derive the total market size and market size by regions. All the local, regional and global players’ contribution to total market by supply side has been considered.
E-commerce cosmetic and Fragrance Market : was valued at USD 36 Bn in 2021, and it is expected to reach USD 75.61 Billion by 2029, exhibiting a CAGR of 9.72% during the forecast period (2022-2029)
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E-commerce cosmetic and Fragrance Market Overview:
Apart from market size and forecasting, the report has covered the recent developments, key trends, M&A, government regulations, purchasing pattern of the customers. Macroeconomic indicators in each economy are studied to understand the future course of action for the market.
SWOT analysis of each player, PESTLE and PORTER”S analysis benchmarking of key players on different parameters made this report exclusive and investors guide.
Market Segmentation:
Rising consumer awareness of quality ingredients and their beneficial effects on the skin is shifting customer preference away from traditional cosmetics and toward premium cosmetics. Premium cosmetics for concerns such as age spots, acne, and pigmentation are expected to drive market growth. Additionally, the need for active substances and treatments with proven efficacy is increasing product sales. Customers choose imported and branded cosmetics due to brand identity, product safety, and pricing. The availability of a wide range of products, together with rising disposable income, is likely to drive the market growth throughout the forecast period.
Key players:
• LOral International
• Avon Products, Inc.
• The Procter & Gamble Company
• Unilever PLC
• Oriflame Cosmetics S.A.
• Revlon, Inc
• Kao Corporation
• The Estee Lauder Companies Inc.
• Shiseido Company, Limited
• Skin Food
• Takasago International Corporation
• Ajmal International Trading Co. LLC
• Zohoor Alreef
• Sephora
• Amazon.com Inc.
• Awok.com
• jollychic.com
• Emaar Malls (Namshi)
• M.A.C Cosmetics
The research provides a comprehensive review of the E-commerce cosmetic and Fragrance market’s presence in various sectors and nations. The research analyst aims to discover hidden development potential that may be utilized by organizations in various parts of the world by doing a thorough geographical study of the sector. Global E-commerce cosmetic and Fragrance Market research provides exact knowledge that enables market participants to compete successfully with their greatest competitors based on growth, sales, and other crucial aspects. In the research study, significant market aspects such as market drivers and barriers are separated from essential development prospects and industry trends.
Reasons to Purchase the E-commerce cosmetic and Fragrance Market Report:
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Maximize Market Research provides B2B and B2C research on 12500 high growth emerging opportunities technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics Communications, Internet of Things, Food and Beverages,
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Nov 23, 2022
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