Global Cosmetics Manufacturing
The Global Cosmetics Manufacturing industry has experienced strong growth over the past five years by manufacturing widely accepted necessary personal care products, such as shampoo and lotions, in addition to high-end luxury goods. 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 demand from wholesalers and retailers, which is ultimately driven by consumer spending, tastes and preferences. In recent years, rising levels of disposable income have encouraged consumers to increasingly purchase the industry's high-end luxury products. Over the five years to 2023, strong increases in global per capita disposable income will enable consumers to purchase expensive cosmetics around the globe, particularly in developed markets.
This 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. Players in this industry are large multinational organizations that operate around 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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