Global Cosmetics Manufacturing - Industry Market Research Report

Global Cosmetics Manufacturing - Industry Market Research Report

  • August 2020 •
  • 48 pages •
  • Report ID: 4248886 •
  • Format: PDF
Abstract

Global Cosmetics Manufacturing
The Global Cosmetics Manufacturing industry has experienced strong growth over the five years to 2019 by manufacturing widely accepted necessary personal care products, such as shampoo, body washes and body lotions, in addition to high-end luxury goods, such as high-end cosmetic and hair products. Although the industry is mature in most developed markets, it exhibits a high degree of innovation, particularly within organic and prestige product lines. Revenue growth is determined by downstream demand from wholesalers and retailers, which is ultimately driven by consumer spending, consumer tastes and consumer preferences. Several trends have defined the industry over the past few years. Most notably, industry operators have introduced and reformulated many popular skincare and beauty lines to meet organic or all-natural standards as consumer demand has expanded for organic and ecofriendly beauty products amid rising environmental consciousness. IBISWorld projects that industry revenue will increase over the five years to 2024, though industry profit is expected to remain stagnant.

The Global Cosmetics Manufacturing industry prepares, blends, compounds and packages toilet preparations and personal care products, including perfumes and fragrances, hair care, makeup, oral care, personal hygiene and skincare products. Operators in this industry are large multinational organizations that operate across the globe. Industry products are predominantly sold in downstream grocery, mass merchandisers and specialty retail stores.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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