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Collaboration of Leading Cosmetic Players With Cosmetic Healthcare Sector


The Cosmetic Products Market is estimated to grow with the increasing demand for skin care products, color cosmetics, hair care products, and other such cosmetics.
The changing fashion trends, rising standards of living, and globalization of the cosmetic industry are driving the cosmetic products market. The leading companies in the market are involved in technological advancements and innovations to develop new products.
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The cosmetic products market is segmented on the basis of type, distribution channel, and geography. On the basis of type, it includes skin care products, hair care products, fragrances & deodorants, color cosmetics, personal hygiene products, oral hygiene products, bath & shower products, soaps, sun care products, and others. The market segmentation on the basis of distribution channel includes supermarkets, department stores, specialty stores, beauty salons, pharmacy & drug stores, Internet retailing, and others. The geographic segmentation of the market includes North America, Asia-Pacific, Europe, and Rest of the World (ROW).
The cosmetic products market is projected to grow at a CAGR of 6.3% with Europe as the largest market. It is expected to grow at a higher pace with increase in the disposable income of consumers in emerging markets. The Asia-Pacific region is projected to be the fastest growing market due to the increasing demand for color cosmetics, skin care, and hair care products here.
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The leading players in this market include Procter & Gamble Co. (U.S.), the L’Oreal Group (France), The Estée Lauder Companies, Inc. (U.S.), and Unilever PLC. (U.K.). It also includes players such as Shiseido Company Ltd. (Japan), Avon Products Inc. (U.S.), and others.
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