The global cosmetics market is anticipated to witness significant growth in the coming years owing to growing need for anti-ageing products among men and women. Cosmetics are products or substances used by humans to enhance their appearance. Cosmetics are used for different purposes, such as cleaning and conditioning. Manufacturers are expected to introduce cosmetic products for both men and women as per their needs and skin types.
The global hand sanitizer market is likely to witness substantial growth in forthcoming years. Hand sanitizer is a personal care product used to inhibit spread of harmful bacteria on hands. It helps in killing microorganisms, which are immune to water and soap. Consumers can apply few drops of it and rub them to get rid of harmful germs. The product can help prevent infections transmitted through dirty hands and maintain good health.
China makeup/cosmetics market size was estimated to account for a market value of USD 3.90 billion in 2017 and is expected to grow at a significant rate over the forecast period. China makeup industry is fragmented with numerous players in the market. L’Oreal China remains the market leader as it caters to diverse consumer needs. L’Oreal offers both mass and premium products in China. The offline channel is the dominant segment and is expected to remain same over the forecast period owing to the presence of large and small retailers.
India personal hygiene market size was estimated to account for a market value of USD 3.0 billion in 2017 and is expected to grow over the forecast period.
Brazil Hair care Market is expected to grow considerably over the forecast period in the light of prevailing inclination of local consumers towards personal care at large. Consumers also prefer home-made remedies for hair care, however, over the years, consumers have transitioned to using modern day products and have taken to social medic platforms for sharing their reviews and suggestions.
Europe Hair Care Market is expected to portray moderate growth over the forecast period. Moderate growth in the market is expected in light of the prevailing state of the European hair care market, which is marked by the presence of many established brands with considerable product offerings at varying price points, and the prevailing penetration of hair care products.
South Africa hair care Market is estimated to over the next couple of years owing to burgeoning applications and expansion of scope. Hair care remains one of the key product category which has interest from both men and women in the country. Consumers in South Africa are relatively more conscious about their demeanor and therefore have an inclination towards hair care products at large. The choice of hair care service by South African consumers tends to differ depending on their discretionary spending.
Asia Pacific hair care Market is expected to grow considerably over the forecast period in light of economic development at large in the region. Some of the key consumer growth markets in the region include countries such as India and China, which have showcased significant growth potential. While the consumer market in the regions is on a growth trajectory, the market has also witnessed the launch of new products and expansion initiatives by multiple companies.
Global Hair Care Market is expected to grow in the upcoming years as the product categories, such as shampoos and conditioners continue to gain grounds in light of product availability, increasing discretionary spending, and product awareness among the consumers.
India hair care market is anticipated to grow over the upcoming period owing to factors such as rising urbanization and increase in disposable income. Additionally, consumer need to appear presentable and professional in daily lives is also adding to the growth of hair care market in India. The rise in R&D investments for haircare products is also contributing to the growth of India haircare market.
Hair brush market is expected to witness considerable growth over the forecast period on account of rising health and hygiene awareness worldwide.
The global baby oral hygiene market is expected to witness substantial growth over the forecast period on account of the constant product innovation in the oral healthcare and hygiene industry.
The global surfactants market is expected to witness steady growth over the coming years. Surfactants are popularly employed in the manufacturing of personal care products, which include laundry detergents, soaps, facial cleansers, and shower gels. Rise in living standards and increasing consumer awareness have spurred the personal care industry. They are also used in the production of fabric detergents as well as those used for dishwashing.
The global personal care products market size was USD 381.57 billion in 2016 and is anticipated to grow on account of increasing awareness regarding individual health and strong campaigning & advertising strategies implemented by established players.
The global organic personal care product market is expected to reach USD 27.08 billion by 2024. Increasing buyer awareness about personal health care is expected to support the market progress over the estimated period. This contributed to the increasing consumption of personal care organic products.
Mascara is one of the most commonly used cosmetics for eyes. In modern mascara formulations the purpose of mascara is to darken, lengthen and thicken the eyelashes. For decades’ formulators have been working on achieving these attributes while trying to eliminate some of the problems associated with mascara such as smudging, difficult removal, clumping etc.
The Global and Chinese wigs and hairpiece industry are anticipated to grow significantly over the forecast period. Rapidly increasing consumer spending on wigs and hairpieces rebounds and rising innovation in this segment is expected to propel the demand for the hair wigs industry.
Global aerosol propellant market is expected to witness a steady growth over the forecast period on account of its high increasing usage in aerosol sprays. The overall market size in 2015 was approximately 10 million tons and the industry is expected to grow at a CAGR of around 4% from 2016 to 2024.
U.S hair brush market size is projected to exceed USD 1.3 billion by 2022, growing at a CAGR of 0.02% from 2012 to 2022. Growing population along with escalating disposable income is likely to facilitate people to increase expenditure capacity on hair care and hairbrushes. Hike in per capita disposable income as well as customer capacity can be attributed to declining unemployment rates over the forecast period.
The global personal care packaging market was estimated at USD 23.17 billion in 2014. The market is expected to witness substantial growth over the forecast period on account of rising demand for skin care products from countries such as Mexico, Vietnam, Brazil, UAE, Saudi Arabia, China, India, Indonesia and the U.S.