According to the research report titled ‘Global Cosmetics Market (2022 Edition) - Analysis By Product Category (Skincare, Haircare, Makeup, Others),, By Distribution Channel, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)’, available with MarketStudyReport, global cosmetics market was worth USD 307.69 billion in 2020 and is anticipated to register exponential growth through 2026.

Global cosmetics market is primarily driven by growing cognizance about benefits of cosmetics for skin and hair among consumers as well as rising popularity of sun care products, fresh face mists, and night skin repair creams.

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/4597186/  

Based on distribution channel, the industry is split into online, and offline. Among these, the online segment is anticipated to grow at a rapid rate during the analysis duration, owing to easy smartphone & internet availability in the world, along with accessibility to affordable prices and wide range of options.

In terms of product terrain, the market is branched into makeup, skincare, haircare, and others. Among these, the skincare category is predicted to expand at the fastest pace during the forecast period, due to extensive demand for skincare products with skin concerns among consumers such as pollution, sun protection, and job stress. Notably, nowadays, social media has increasing customer awareness about natural & healthy selfcare products, thus boosting the segmental share.

Regionally speaking, Asia Pacific cosmetics industry size is slated to grow at a rapid rate during the forecast timeline. The expansion is attributed to increasing concerns about health and hygiene, focus on enhancing personal appeal, and rising demand for natural & organic beauty products in the region.

Considering the competitive landscape, Natura & Co., Coty Inc., Beiersdorf AG, Kao Corporation, Johnson & Johnson, Shiseido Company Limited, Estée Lauder Companies Inc., Procter & Gamble Company, Unilever plc, and L'Oréal S.A. are the major companies affecting the worldwide cosmetics market outlook.