The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
Cosmetics Stores Market Size, Growth Rate, And Forecast
The global cosmetics stores market size is expected to grow from $107.25 billion in 2022 to $116.27 billion in 2023 at a compound annual growth rate (CAGR) of 8.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cosmetics stores market size is expected to reach $151.63 billion in 2027 at a CAGR of 6.8%.
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Cosmetics Stores Market Drivers
Increasing demand for cosmetic products is expected to propel the cosmetic store market going forward. Cosmetic products refer to any preparation that intends to be applied to the skin and other body parts to improve their appearance and make them more appealing.
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Cosmetics Stores Market Segments
• By Product: Skin Care, Hair Care, Makeup, Fragrance, Other Products
• By Price Range: Premium, Economy
• By Gender: Men, Women, Unisex
• By Distribution Channel: Offline, Online
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cosmetics Stores market.
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Cosmetics Stores Market Key Players
Major competitors in the Cosmetics Stores market include Avon Beauty Products India Private Limited, Kao Corporation, L’Oréal S.A., Oriflame Cosmetics S.A., Revlon Inc, Shiseido Company, The Estée Lauder Companies Inc, Bluemercury, M.A.C Cosmetics, Sugar, Ulta Beauty, Natura & Co, Christian Dior SE, The Cosmetics Company Store, and Sephora.
The Business Research Company’s “Global Cosmetics Stores Market Report 2023” is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market’s historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Cosmetics Stores Market Include:
1. Executive Summary
2. Cosmetics Stores Market Characteristics
3. Cosmetics Stores Market Trends And Strategies
4. Cosmetics Stores Market – Macro Economic Scenario
5. Cosmetics Stores Market Size And Growth
26. Africa Cosmetics Stores Market
27. Cosmetics Stores Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cosmetics Stores Market
29. Cosmetics Stores Market Future Outlook and Potential Analysis
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