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Singapore Cosmetics Market Report and Forecast 2025-2034

Publisher Expert Market Research
Published May 30, 2025
Length 108 Pages
SKU # EMAR20079209

Description

The Singapore cosmetics market is projected to grow at a CAGR of 3.40% between 2025 and 2034.

Singapore Cosmetics Market Growth

The Singapore cosmetics market growth is boosted by products in different price ranges, such as premium products that appeal to a more affluent audience.

Products in the cosmetics industry are split into two main groups: mass and premium. Mass-market cosmetics are common and cheap, they can be found in drugstores, supermarkets, or discount stores. These brands provide basic skincare, makeup, and haircare solutions at affordable prices with simpler formulas to cater to a wider range of consumers.

The cosmetics industry in the domestic market is due to see growth owing to increasing opulence among Singapore's population coupled with the rising popularity of sustainable and ethically sourced products. In April 2024 Loreal in Singapore partnered with Singapore universities to innovate and develop green sciences in a bid to become more sustainable.

Premium cosmetics have a higher price tag associated with luxury and quality. They’re sold in speciality stores, department stores or high-end beauty retailers. Premium cosmetic brands also offer sleek packages which look exclusive enough for people to want to associate with the brand. Premium cosmetic brands focus on exclusivity. Premium brands invest in targeted marketing campaigns to cultivate a prestigious brand image which helps them differentiate from mass-market brands.

Singapore Cosmetics Market Segmentation

Singapore Cosmetics Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product:

Hair Care
Skin and Sun Care
Makeup and Colour Cosmetics
Fragrances and Deodorants
Others

Market Breakup by Gender:

Men
Women
Unisex

Market Breakup by Price Range:

Mass
Premium

Market Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Speciality Stores
Online
Others

Singapore Cosmetics Market Share

Hair care products lead growth in the cosmetics market in the country owing to the wide range of products available ranging from shampoos, conditioners, masques, serums, hair colours and mousses among others. These products address concerns from dryness in the scalp to issues such as split ends, breakage, and dullness.

Leading Companies in the Singapore Cosmetics Market

Major market players in the industry are expanding their outreach through investments in natural, organic and ethically sourced products. Brands also use technology to offer personalized products and experiences to individuals.
L’oreal S.A.
The Estée Lauder Companies Inc.
Shiseido Co. Ltd.
Beiersdorf AG
Groupe Clarins
Unilever Plc
Kao Corp.
LVMH Moet Hennessy Louis Vuitton SE
Coty Inc.
Note Cosmetics
Others

Table of Contents

108 Pages
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Asia Pacific Cosmetics Market Overview
5.1 Key Industry Highlights
5.2 Asia Pacific Cosmetics Historical Market (2018-2024)
5.3 Asia Pacific Cosmetics Market Forecast (2025-2034)
6 Singapore Cosmetics Market Overview
6.1 Key Industry Highlights
6.2 Singapore Cosmetics Historical Market (2018-2024)
6.3 Singapore Cosmetics Market Forecast (2025-2034)
7 Singapore Cosmetics Market by Product
7.1 Hair Care
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Skin and Sun Care
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 Makeup and Colour Cosmetics
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Fragrances and Deodorants
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Singapore Cosmetics Market by Gender
8.1 Men
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Women
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 Unisex
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
9 Singapore Cosmetics Market by Price Range
9.1 Mass
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Premium
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
10 Singapore Cosmetics Market by Distribution Channel
10.1 Supermarkets and Hypermarkets
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 Convenience Stores
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Specialty Store
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 Online
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis (HS Code – 334)
13.1 Major Exporting Countries
13.1.1 By Value
13.1.2 By Volume
13.2 Major Importing Countries
13.2.1 By Value
13.2.2 By Volume
14 Price Analysis
15 Competitive Landscape
15.1 Supplier Selection
15.2 Key Global Players
15.3 Key Regional Players
15.4 Key Player Strategies
15.5 Company Profiles
15.5.1 L’oreal S.A.
15.5.1.1 Company Overview
15.5.1.2 Product Portfolio
15.5.1.3 Demographic Reach and Achievements
15.5.1.4 Certifications
15.5.2 The Estée Lauder Companies Inc.
15.5.2.1 Company Overview
15.5.2.2 Product Portfolio
15.5.2.3 Demographic Reach and Achievements
15.5.2.4 Certifications
15.5.3 Shiseido Co. Ltd.
15.5.3.1 Company Overview
15.5.3.2 Product Portfolio
15.5.3.3 Demographic Reach and Achievements
15.5.3.4 Certifications
15.5.4 Beiersdorf AG
15.5.4.1 Company Overview
15.5.4.2 Product Portfolio
15.5.4.3 Demographic Reach and Achievements
15.5.4.4 Certifications
15.5.5 Groupe Clarins
15.5.5.1 Company Overview
15.5.5.2 Product Portfolio
15.5.5.3 Demographic Reach and Achievements
15.5.5.4 Certifications
15.5.6 Unilever Plc
15.5.6.1 Company Overview
15.5.6.2 Product Portfolio
15.5.6.3 Demographic Reach and Achievements
15.5.6.4 Certifications
15.5.7 Kao Corp.
15.5.7.1 Company Overview
15.5.7.2 Product Portfolio
15.5.7.3 Demographic Reach and Achievements
15.5.7.4 Certifications
15.5.8 LVMH Moet Hennessy Louis Vuitton SE
15.5.8.1 Company Overview
15.5.8.2 Product Portfolio
15.5.8.3 Demographic Reach and Achievements
15.5.8.4 Certifications
15.5.9 Coty Inc.
15.5.9.1 Company Overview
15.5.9.2 Product Portfolio
15.5.9.3 Demographic Reach and Achievements
15.5.9.4 Certifications
15.5.10 Note Cosmetics
15.5.10.1 Company Overview
15.5.10.2 Product Portfolio
15.5.10.3 Demographic Reach and Achievements
15.5.10.4 Certifications
15.5.11 Others

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