Hungary Cosmetics Market Research Report by Product Type [Face Cosmetics (Foundation, Face Powder, Contouring Products, Others), Eye Cosmetics (Eye Shadow, Mascara, Eyeliner, Others), Lip Cosmetics (Lipsticks, Lip Balms, Others), Skin Care, Fragrance, Oth
Description
The Hungary cosmetics market is anticipated to expand at a CAGR of 3.53% between 2024 and 2032, reaching USD 735.83 million by the end of 2032. Cosmetics are beauty and personal care products used to cleanse, protect, and enhance physical appearance. From skincare creams to makeup and perfumes, they play a key role in daily grooming and self-expression.
The Hungarian cosmetics market is recording a significant positive trend as a direct consequence of consumer demand for eco-friendly and organic products. Informed consumers about the need for chemical-free products, among others, have brought to a higher attention sustainability practices and more brands receiving cruelty-free certificates. Besides that, influencer marketing, zero-waste retail formats, and sustainability policies set by the government positively affect the market by allowing brands to be creative in their green formulations and eco-conscious packaging.
Key Company Development
Helia-D presented a line of vegan skincare products made more effective with the use of Tokaj aszú extract for skin renewal in January 2024. This move complies with the brand's objectives and is a step closer towards it both at home in Hungary and in the global market.
Major Competitors
Major players in the Hungary cosmetics market are Unilever Plc, L'Oréal S.A., The Estée Lauder Companies Inc., The Procter & Gamble Company, Beiersdorf AG, Kao Corporation, Avon Products Inc., Henkel AG & Co. KgaA, Coty Inc., and Helia-D Ltd.
Report Attribute Details
• Market Size 2023: USD 539.75 Million
• Market Size 2032: USD 735.83 Million
• CAGR (2024-2032): 3.53%
• Base Year: 2023
• Market Forecast Period: 2024-2032
Market Segmentation Insights
• By Product Type: Face Cosmetics – 3.92%, Eye Cosmetics – 4.52%.
• By Gender: Men – 4.63%, Women – 2.70%.
• By Category: Regular – 3.9%, Organic – 2.30%.
• By Price Range: Economy /Mass – 3.16%, Premium – 4.30%.
• By End User: Residential/Retail – 3.80%, Commercial/ Professional – 2.64%.
• By Distribution Channel: Supermarket/ Hypermarket – 3.16%, Specialty Stores – 3.34%.
The Hungarian cosmetics market is recording a significant positive trend as a direct consequence of consumer demand for eco-friendly and organic products. Informed consumers about the need for chemical-free products, among others, have brought to a higher attention sustainability practices and more brands receiving cruelty-free certificates. Besides that, influencer marketing, zero-waste retail formats, and sustainability policies set by the government positively affect the market by allowing brands to be creative in their green formulations and eco-conscious packaging.
Key Company Development
Helia-D presented a line of vegan skincare products made more effective with the use of Tokaj aszú extract for skin renewal in January 2024. This move complies with the brand's objectives and is a step closer towards it both at home in Hungary and in the global market.
Major Competitors
Major players in the Hungary cosmetics market are Unilever Plc, L'Oréal S.A., The Estée Lauder Companies Inc., The Procter & Gamble Company, Beiersdorf AG, Kao Corporation, Avon Products Inc., Henkel AG & Co. KgaA, Coty Inc., and Helia-D Ltd.
Report Attribute Details
• Market Size 2023: USD 539.75 Million
• Market Size 2032: USD 735.83 Million
• CAGR (2024-2032): 3.53%
• Base Year: 2023
• Market Forecast Period: 2024-2032
Market Segmentation Insights
• By Product Type: Face Cosmetics – 3.92%, Eye Cosmetics – 4.52%.
• By Gender: Men – 4.63%, Women – 2.70%.
• By Category: Regular – 3.9%, Organic – 2.30%.
• By Price Range: Economy /Mass – 3.16%, Premium – 4.30%.
• By End User: Residential/Retail – 3.80%, Commercial/ Professional – 2.64%.
• By Distribution Channel: Supermarket/ Hypermarket – 3.16%, Specialty Stores – 3.34%.
Table of Contents
134 Pages
- 1 Executive Summary
- 1.1 Market Attractiveness Analysis
- 1.1.1 Hungary Cosmetics Market, By Product Type
- 1.1.2 Hungary Cosmetics Market, By Gender
- 1.1.3 Hungary Cosmetics Market, By Category
- 1.1.4 Hungary Cosmetics Market, By Price Range
- 1.1.5 Hungary Cosmetics Market, By End-user
- 1.1.6 Hungary Cosmetics Market, By Distribution Channel
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Research Objective
- 2.4 Market Structure
- 2.5 Key Buying Criteria
- 3 Research Methodology
- 3.1 Overview
- 3.2 Data Flow
- 3.2.1 Data Mining Process
- 3.3 Purchased Database:
- 3.4 Secondary Sources:
- 3.4.1 Secondary Research Data Flow:
- 3.5 Primary Research:
- 3.5.1 Primary Research Data Flow:
- 3.6 Approaches For Market Size Estimation:
- 3.6.1 Consumption & Net Trade Approach
- 3.6.2 Revenue Analysis Approach
- 3.7 Data Forecasting 39
- 3.7.1 Data Forecasting Technique
- 3.8 Data Modeling
- 3.8.1 Microeconomic Factor Analysis:
- 3.8.2 Data Modeling:
- 3.9 Teams And Analyst Contribution
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 Increasing Focus On Skincare Addressing Hydration And Anti-aging
- 4.2.2 Rising Demand For Eco-friendly, Natural Beauty Products In Hungary
- 4.3 Restraints
- 4.3.1 Price Sensitivity Among Consumers Affecting Premium Product Sales
- 4.3.2 Strict Regulatory Compliance Requirements For Product Safety And Labeling
- 4.4 Opportunity
- 4.4.1 Growing Popularity Of E-commerce And Social Media In Beauty Trends
- 4.4.2 Focus On Locally Sourced Ingredients And Traditional Herbal Remedies
- 4.5 Strategic Insights
- 4.5.1 Personalization And Ai Integration
- 4.5.2 E-commerce And Virtual Try-ons
- 4.5.3 Sustainable Beauty Innovations
- 4.5.4 Advanced Formulation Technologies
- 4.5.5 3d Printing In Cosmetics Manufacturing
- 4.5.6 Blockchain For Transparency
- 4.5.7 Smart Beauty Devices
- 4.5.8 Advanced Manufacturing Processes
- 4.6 Regulatory Update
- 4.7 Market Trends
- 4.8 Impact Analysis Of Covid - 19
- 4.8.1 Impact On Overall Consumer Goods
- 4.8.2 Impact On Hungary Cosmetics Market
- 4.8.3 Impact On Supply Chain Of Cosmetics Market
- 4.8.4 Impact On Market Demand Of Cosmetics Market
- 4.8.5 Impact On Pricing Of Cosmetics Market
- 4.9 Consumer Behavior Analysis
- 5 Market Factor Analysis
- 5.1 Value Chain Analysis
- 5.1.1 Raw Materials
- 5.1.2 Manufacturing / Production/ Processing
- 5.1.3 Packing
- 5.2 Supply Chain Analysis
- 5.2.1 Participants (At Different Nodes)
- 5.2.1.1 Raw Material Suppliers
- 5.2.1.2 Manufacturers
- 5.2.1.3 Distribution Channel
- 5.2.1.4 End User
- 5.2.2 Integration Levels
- 5.2.3 Key Issues Addressed (Key Success Factors)
- 5.3 Porter’s Five Forces Model
- 5.3.1 Threat Of New Entrants
- 5.3.2 Bargaining Power Of Suppliers
- 5.3.3 Threat Of Substitutes
- 5.3.4 Bargaining Power Of Buyers
- 5.3.5 Intensity Of Rivalry
- 5.4 Analysis On Migration Patterns
- 6 Hungary Cosmetics Market, By Product Type
- 6.1 Introduction
- 6.2 Face Cosmetics
- 6.2.1 Face Cosmetics 71
- 6.2.2 Face Powder
- 6.2.3 Contourng Products
- 6.2.4 Others
- 6.3 Eye Cosmetics
- 6.3.1 Eye Shadow
- 6.3.2 Mascara
- 6.3.3 Eyeliners
- 6.3.4 Others
- 6.4 Lip Cosmetics
- 6.4.1 Lipsticks
- 6.4.2 Lip Balm
- 6.4.3 Others
- 6.5 Skin Care
- 6.6 Fragrance
- 6.7 Others
- 7 Hungary Cosmetics Market, By Gender
- 7.1 Introduction
- 7.2 Men
- 7.3 Women
- 7.4 Unisex
- 8 Hungary Cosmetics Market, By Category
- 8.1 Introduction
- 8.2 Regular
- 8.3 Organic
- 9 Hungary Cosmetics Market, By Price Range
- 9.1 Introduction
- 9.2 Economy/Mass
- 9.3 Premium
- 10 Hungary Cosmetics Market, By End User
- 10.1 Introduction
- 10.2 Residential/Retail
- 10.3 Commercial/Professional
- 11 Hungary Cosmetics Market, By Distribution Channel
- 11.1 Introduction
- 11.2 Supermarket/Hypermarket
- 11.3 Specialty Stores
- 11.4 Pharmacy
- 11.5 Drugstore
- 11.6 Online
- 11.7 Others
- 12 Competitive Landscape
- 12.1 Competitive Overviews
- 12.2 Major Players In The Hungary Cosmetics Market
- 12.3 Major Players In Terms Of Market Disruptors & Innovators
- 12.4 Competitive Benchmarking
- 12.5 Strategies Of Market Leaders In The Hungary Cosmetics Market
- 12.5.1 Unilever Plc
- 12.5.2 L'oréal S.A.
- 12.5.3 The Estée Lauder Companies Inc.
- 12.5.4 The Procter & Gamble Company
- 12.5.5 Beiersdorf Ag
- 12.6 Leading Players In Terms Of The Number Of Developments In Hungary Cosmetics
- Market
- 12.7 Key Developments & Growth Strategies
- 12.7.1 Product Launch/Product Development
- 12.7.2 Expansion/Acquisition/Partnership
- 13 Company Profiles
- 13.1 Unilever Plc
- 13.1.1 Company Overview
- 13.1.2 Financial Overview
- 13.1.3 Products/Services Offered
- 13.1.4 Key Developments
- 13.1.5 Swot Analysis
- 13.1.6 Key Strategies
- 13.2 L’oréal S.A.
- 13.2.1 Company Overview
- 13.2.2 Financial Overview
- 13.2.3 Products Offered
- 13.2.4 Key Developments
- 13.2.5 Swot Analysis
- 13.2.6 Key Strategies
- 13.3 The Procter & Gamble Company
- 13.3.1 Company Overview
- 13.3.2 Financial Overview
- 13.3.3 Products Offered
- 13.3.4 Key Developments
- 13.3.5 Swot Analysis
- 13.3.6 Key Strategies
- 13.4 The Estée Lauder Companies Inc.
- 13.4.1 Company Overview
- 13.4.2 Financial Overview
- 13.4.3 Products Offered
- 13.4.4 Key Developments
- 13.4.5 Swot Analysis
- 13.4.6 Key Strategies
- 13.5 Beiersdorf Ag
- 13.5.1 Company Overview
- 13.5.2 Financial Overview
- 13.5.3 Products Offered
- 13.5.4 Key Developments
- 13.5.5 Swot Analysis
- 13.5.6 Key Strategies
- 13.6 Kao Corporation
- 13.6.1 Company Overview
- 13.6.2 Financial Overview
- 13.6.3 Products Offered
- 13.6.4 Key Developments
- 13.6.5 Swot Analysis
- 13.6.6 Key Strategies
- 13.7 Henkel Ag & Co. Kgaa
- 13.7.1 Company Overview
- 13.7.2 Financial Overview
- 13.7.3 Products/Services Offered
- 13.7.4 Key Developments
- 13.7.5 Swot Analysis
- 13.7.6 Key Strategies
- 13.8 Coty Inc.
- 13.8.1 Company Overview
- 13.8.2 Financial Overview
- 13.8.3 Products Offered
- 13.8.4 Key Developments
- 13.8.5 Swot Analysis
- 13.8.6 Key Strategies
- 13.9 Avon Products Inc.
- 13.9.1 Company Overview
- 13.9.2 Financial Overview
- 13.9.3 Products Offered
- 13.9.4 Key Developments
- 13.9.5 Swot Analysis
- 13.9.6 Key Strategies
- 13.10 Helia-d Ltd
- 13.10.1 Company Overview
- 13.10.2 Financial Overview
- 13.10.3 Products Offered
- 13.10.4 Key Developments
- 13.10.5 Swot Analysis
- 13.10.6 Key Strategies
- List Of Tables
- Table 1 Qfd Modeling For Market Share Assessment 41
- Table 2 Hungary Cosmetics Market, By Product Type, 2018-2032 (Usd Million) 70
- Table 3 Hungary Cosmetics Market, By Gender, 2018-2032 (Usd Million) 81
- Table 4 Hungary Cosmetics Market, By Category, 2018-2032 (Usd Million) 83
- Table 5 Hungary Cosmetics Market, By Price Range, 2018-2032 (Usd Million) 87
- Table 6 Hungary Cosmetics Market, By End User, 2018-2032 (Usd Million) 90
- Table 7 Hungary Cosmetics Market, By Distribution Channel, 2018-2032 (Usd Million) 93
- Table 8 Major Players In Terms Of Market Disruptors & Innovators 99
- Table 9 The Most Active Players In The Hungary Cosmetics Market
- Table 10 Product Launch/Product Development
- Table 11 Expansion/Acquisition/ Partnership
- Table 12 Unilever Plc: Products/Services Offered
- Table 13 Unilever Plc: Key Developments
- Table 14 L’oréal S.A.: Products Offered
- Table 15 The Procter & Gamble Company: Products Offered
- Table 16 The Estée Lauder Companies Inc.: Products Offered
- Table 17 Beiersdorf Ag: Products Offered
- Table 18 Kao Corporation: Products Offered
- Table 19 Henkel Ag & Co. Kgaa: Products/Services Offered
- Table 20 Coty Inc.: Products Offered
- Table 21 Coty Inc.: Key Developments
- Table 22 Avon Products Inc.: Products Offered
- Table 23 Helia-d Ltd: Products Offered
- Table 24 Helia-d Ltd: Key Developments 132
- List Of Figures
- Figure 1 Hungary Cosmetics Market Analysis, By Product Type, 2023 19
- Figure 2 Hungary Cosmetics Market Analysis, By Gender, 2023 20
- Figure 3 Hungary Cosmetics Market Analysis, By Category, 2023 21
- Figure 4 Hungary Cosmetics Market Analysis, By Price Range, 2023 22
- Figure 5 Hungary Cosmetics Market Analysis, By End-user, 2023 23
- Figure 6 Hungary Cosmetics Market Analysis, By Distribution Channel, 2023 24
- Figure 7 Hungary Cosmetics Market: Structure 27
- Figure 8 Key Buying Criteria For Cosmetics 28
- Figure 9 Hungary Cosmetics Market: Market Dynamics 45
- Figure 10 Driver Impact Analysis (2023-2032) 48
- Figure 11 Restraint Impact Analysis (2022-2032) 50
- Figure 12 Supply Chain Analysis: Europe Eyewear Market 59
- Figure 13 Porter’s Five Forces Model: Hungary Cosmetics Market 63
- Figure 14 Hungary Cosmetics Market, By Product Type, Segment Attractiveness Analysis 69
- Figure 15 Hungary Cosmetics Market, By Product Type, 2023 (% Share) 71
- Figure 16 Hungary Cosmetics Market, By Gender, Segment Attractiveness Analysis 80
- Figure 17 Hungary Cosmetics Market, By Gender, 2023 (% Share) 81
- Figure 18 Hungary Cosmetics Market, By Category, Segment Attractiveness Analysis 83
- Figure 19 Hungary Cosmetics Market, By Category, 2023 (% Share) 84
- Figure 20 Hungary Cosmetics Market, By Price Range, Segment Attractiveness Analysis 86
- Figure 21 Hungary Cosmetics Market, By Price Range, 2023 (% Share) 87
- Figure 22 Hungary Cosmetics Market, By End User, Segment Attractiveness Analysis 89
- Figure 23 Hungary Cosmetics Market, By End User, 2023 (% Share) 90
- Figure 24 Hungary Cosmetics Market, By Distribution Channel, Segment Attractiveness Analysis 92
- Figure 25 Hungary Cosmetics Market, By Distribution Channel, 2023 (% Share) 93
- Figure 26 Hungary Market: Swot Analysis 97
- Figure 27 Major Players In The Hungary Cosmetics Market: Market Share 2023 98
- Figure 28 Benchmarking Of Major Competitors 99
- Figure 29 Unilever Plc: Financial Overview Snapshot
- Figure 30 Unilever Plc: Swot Analysis
- Figure 31 L’oréal S.A.: Financial Overview Snapshot
- Figure 32 L’oréal S.A.: Swot Analysis
- Figure 33 The Procter & Gamble Company: Financial Overview Snapshot
- Figure 34 The Procter & Gamble Company: Swot Analysis
- Figure 35 The Estée Lauder Companies Inc.: Financial Overview Snapshot
- Figure 36 The Estée Lauder Companies Inc.: Swot Analysis
- Figure 37 Beiersdorf Ag: Financial Overview Snapshot
- Figure 38 Beiersdorf Ag: Swot Analysis
- Figure 39 Kao Corporation: Financial Overview Snapshot
- Figure 40 Kao Corporation: Swot Analysis
- Figure 41 Henkel Ag & Co. Kgaa: Financial Overview Snapshot
- Figure 42 Henkel Ag & Co. Kgaa: Swot Analysis
- Figure 43 Coty Inc.: Financial Overview Snapshot
- Figure 44 Coty Inc.: Swot Analysis
- Figure 45 Avon Products Inc.: Swot Analysis
- Figure 46 Helia-d Ltd: Swot Analysis
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