Tag Archives: cosmetics industry

****** Cosmetics Industry Expanding at 3.90% CAGR During 2017-2025

According to Goldstein Research, ****** cosmetics industry is anticipated to grow at 3.90% CAGR over the forecast period 2017-2025, to reach a market size of USD 430.0 Billion by 2025. The factors such as high personal disposable income, R&D of products, technology integration in the cosmetic products & penetration of online retailing tends to drive the growth of the market.

In terms of geography, ****** cosmetics market is expanding due to the hiking growth in developing regions such as Saudi Arabia cosmetics market, Middle East cosmetics market & UAE cosmetics market. Moreover, the cosmetics market is witnessing trend of luxury cosmetics in these regions. Middle East luxury cosmetics market has huge share in the ****** premium cosmetics market in 2017.

Lipstick Market to Surpass $ 17 Billion by 2023, Led by L’Oréal International: TechSci Research

According to TechSci Research report, “****** Lipstick Market Research Report By Product Type, By Distribution Channel, By Region, Competition Forecast & Opportunities, 2013 – 2023”, the ****** lipstick market is projected to surpass $ 17 billion by 2023. Lipstick is a cosmetic product containing oils, waxes, pigments and emollients that provide texture, color and protection to the lips. Expanding working women population base, rising number of product innovations, increasing disposable income and improving standard of living are few of the major factors anticipated to positively influence the lipstick market across the globe during forecast period. Moreover, easy availability of lipsticks through online sales channel, increasing consumer preference for natural and organic products, and surging demand for lipsticks in developing nations are anticipated to provide lucrative growth opportunities to companies operating in the ****** lipstick market over the course of next five years.