The cosmeceutical market - current and future outlook in-cosmetics asia: oct 2013 cosmetics market source: rncos share of cosmeceuticals market in cosmetics market (%), 2017 13% 87% cosmeceuticals cosmetics 16% 84% cosmeceuticals cosmetics high counterfeit products. The global cosmetic market was 460 billion usd in 2014 and is estimated to reach 675 billion usd by 2020 growing at a rate of 64% of the cosmetic products, skin care has the highest market share. Cosmetics market styling products, conditioners and colorants are also growing quickly these products need to help asia consumers deal with regional conditions, such as the ability for easy washing due to hard water and stylants. Therefore, the cosmetics market is a huge market in korea it is the third largest market in the asia pacific, while the market ranks at the 10th in the world korea exports cosmetics to china, with nearly 40% of sales. Industry outlook the global vegan cosmetics market size was estimated at usd 129 billion in 2017 surging demand for personal care products, coupled with rising awareness regarding cruelty free beauty, is expected to be one of the key trends escalating market growth.
The global cosmetics market is segmented based on category of cosmetics, mode of sale, gender and geography the category segment includes skin & sun care products, hair care products, deodorants, makeup & color cosmetics and fragrances. The european cosmetics market returned to a more dynamic growth in 2015, despite trying economic circumstances, revealed cosmetics europe decorative cosmetics (make-up) was the most dynamic category, before skin care and fragrances. Color cosmetics make up about 20% of the cosmetic market this group includes products that remain on the skin and change the color and appearance it includes products for the face like foundations, lip sticks, blushes, eye shadow, eye liner, and mascara.
This section provides a breakdown of the industry estimates of the market share of each of these categories, and their sub-categories, in relation to the entire uk cosmetic market and gives the country shares of the top markets in the european union how are cosmetics regulated. The cosmetic products market is expected to reach a market value of usd 80561 billion by 2023, at a cagr of 714% download market research report on cosmetics products market now. Cosmetics industry 2018 view trends, analysis and statistics reportlinkercom offers immediate download access to top market reports on the cosmetics industry.
In 2005, the market volume of the cosmetics industry in the us, europe, and japan was about eur 70 billion/a year in germany, the cosmetic industry generated €126 billion of retail sales in 2008,  which makes the german cosmetic industry the third largest in the world, after japan and the united states. The cosmetic market is a one-stop-shop for all of your beauty needs in addition to beauty products and accessories, we also offer highly sought after aesthetic services by fully licensed professionals, including facials, peels, waxing and spray tanning. On average, large industry companies have a product portfolio of around 10,000 different cosmetic products and reformulate around 25% to 30% of their products every year out of these reformulations, about 10% depend on ingredients that are new to the market or to the cosmetics industry. The cosmetics or beauty products industry in the world is one sector which remains impervious to the ups and downs markets overall sales are indeed affected in the event of an economic downturn, but one can count on sales of cosmetics to maintain a certain volume overall. ♦ section i of this report is a broad market study of the cosmetics industry in the eu, us, japan, and china, and provides an overview and sizing of the cosmetics industry in the countries under consideration.
The law does not require cosmetic products and ingredients, other than color additives, to have fda approval before they go on the market, but there are laws and regulations that apply to. The italian cosmetics industry relies on exports while the production of cosmetics has progressed by 08% to 9,355 million euros in 2014 in italy, compared to 9,281 millions euros in 2013, according to cosmetica italia , the italian home market continued to decrease by -14% in 2014 after -12% in 2013. Skincare is the largest category in the cosmetics industry, accounting for nearly 353% of the global market in 2014 the products in the global skincare segment create a $121 billion industry.
Information on selected cosmetics products, ingredients, and potential contaminants science & research information on research related to cosmetic products, ingredients, and testing. The global cosmetics market poised for growth on account of growing consumer demand for several skin-care care products such as face masks, peels, creams, etc high demand for anti-ageing products is expected to drive cosmetics demand considerably over the forecast period. Cosmetics industry statistics the united states cosmetic industry is the largest in the world estimating a total revenue of $5489 billion employing over 53,000 people, the leading company is procter & gamble. The dermocosmetics market represents 44% of the global beauty market and is valued at about 76 billion euros results in 2013 for the industry were particularly dynamic: whereas the global beauty market increased by 38%, the dermocosmetics sector experienced a 48% growth rate.