DUBLIN--(BUSINESS WIRE)--The "Cosmetic Products Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The Chinese cosmetic products market is projected to register a CAGR of 13.76% during the forecast period (2021 - 2026).
Companies Mentioned
- L'Oréal SA
- Shiseido Co. Ltd
- Estee Lauder Companies Inc.
- Amorepacific Group
- Christian Dior SE
- Oriflame Holding AG
- Yves Rocher International
- Avon Products Inc.
- Henkel AG & Co. KGaA
- Yatsen Group
Key Market Trends
Hair Styling and Coloring Products Hold a Significant Share in the Market
In China, more women are joining the workforce, thus driving the instinct of looking good at the workplace. Interestingly, the cosmetics industry has also witnessed a surge in demand among men, owing to factors, such as awareness, the importance of grooming, and the presence of a greater number of women at the workplace.
Within the cosmetics category, hair is considered as the foremost element that establishes the individual style and spells a fashion statement. Thus, the industry has witnessed the demand for styling products and hair colors increasingly. Products with natural ingredients, especially fruit- and plant-based products, are in high demand. For example, L'Oreal launched Garnier Olia Coloration Permanente with 60% natural flower oils in a non-drip cream.
Supermarkets and Hypermarkets Remain the Largest Distribution Channel
The supermarkets/hypermarkets segment of the market studied holds the largest share, indicating consumer preference toward this segment. Owing to high consumer demand, major supermarkets are expanding the range of cosmetics, representing a diversity in the products. The growth observed in the supermarkets segment was led by the appeal it creates among boomers seeking for safe exploration of various cosmetic products formulated with innovative technology and packaging.
The trend of bulk shopping is increasing due to the increased income and busy lifestyles of consumers. Selling the products through supermarkets signifies the transaction building strategy of the seller as it leads to increased impulse purchases of consumers.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Color Cosmetics
5.1.1.1 Facial Make-up Products
5.1.1.2 Eye Make-up Products
5.1.1.3 Lip and Nail Make-up Products
5.1.2 Hair Styling and Coloring Products
5.1.2.1 Hair Colors
5.1.2.2 Hair Styling Products
5.2 By Category
5.2.1 Mass
5.2.2 Premium
5.3 By Distribution Channel
5.3.1 Hypermarkets/Supermarkets
5.3.2 Specialty Stores
5.3.3 Pharmacy and Drug Stores
5.3.4 Online Retail Stores
5.3.5 Other Distribution Channels
6 COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Share Analysis
6.4 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
8 IMPACT OF COVID-19 ON THE MARKET
For more information about this report visit https://www.researchandmarkets.com/r/howd15
