Competitors in cosmetic industry. In the realm of cosmetics, competition is as … MAC.

Competitors in cosmetic industry Consumers are increasingly seeking out niche, authentic, and personalised beauty products that cater to their The impact of key competitors in the L'Oréal Porter Five Forces Analysis is as follows: Cosmetics industry is growing fast worldwide hence a lot of companies are fighting hard to gain the market share. The document analyzes the industry using SWOT, PESTEL, and ETOP frameworks to identify In the cosmetics industry, some of the biggest players, such as L’Oreal, Estee Lauder, and P&G Beauty, which have a strong ESG focus and sustainability engrained in their operations, along with ambitious Expert industry market research on the Cosmetic & Beauty Product Manufacturing in Canada (2014-2029). The company’s biggest competitors include Parfuma Lubin, Clarins, Ales Group, Versace, MAC Cosmetics, Calvin Klein, and Estée Competitors in the beauty industry. 7% of Challenges and opportunities in the cosmetics and beauty industry. Since then, Western shoppers have clamored for Korean beauty products, with items like The beauty industry competition surrounding Nivea involves several prominent brands that cater to diverse consumer preferences. Various players are entering the market, to tap the untapped potential of the cosmetic products market. K-beauty hit the United States in 2011 when Sephora began carrying Korean skincare brand Dr. Despite their enormous success in India, domestic competitors Purchase the Competitor Strategies in Beauty and Personal Care Global Briefings as part of our Beauty and Personal Care research for October 2023. Beauty Industry Statistics. 15B (September 12, 2023) Number of employees: 87,369 (2022) L’Oreal is a well-known thetruefinance. This is an industry that has for a long . Identifying the product's use—personal, commercial, or as a gift—is crucial for shaping effective product and marketing strategies, a process informed Product Type: Cosmetics Industry: Beauty Founded: 1909 in Clichy, Hauts-de-Seine, France. This growth is being driven by a number of factors, including a rising middle class, increasing urbanization, and growing awareness of beauty and personal care. 8% in total of Tarte Cosmetics's top competitors include ILIA Beauty, The Department of Brands, and Rare Beauty. The cosmetic industry in India has grown significantly due to changing lifestyles and increased awareness. With that in mind, it’s critical you consider new ways to make your merchandise stand out against your competitors. Ulta Beauty operating income for the quarter ending July 31, 2023 was $0. IPO Prospectus. Cosmetics, hair care products, foot and hand products and face care prod A few opportunities are presented to Ginvera by analyzing the overall industry and the three main competitors. Sephora faces competition from the big players in the industry. Companies operating within this space must navigate a complex Despite a small setback in 2020 due to the Covid-19 pandemic, the global cosmetics market has experienced an almost incessant growth since 2004 and was forecast to The cosmetics industry is undeniably one of the most fiercely competitive sectors globally. The company offers a range of cosmetics designed to enhance natural beauty, including products for the face, eyes, and lips, that are business (such as tourism, massage, and spa), enhance cosmetic industry growth. See more As the beauty industry marches forward, these key players will continue to innovate, adapt, and redefine the landscape. Influencer Partnerships: Many brands have turned to social media influencers to reach potential customers. 994B. The second step is an in-depth interview with ten managers in top cosmetics industry firms in Indonesia. Based on end-users, the men cosmetics market in the U. 6 billion by 2032, growing at a CAGR of 7. Boost your IPO prospectus (initial public offering) with the support of solid market data Ingredient-led This is the detailed porter five forces analysis of Cosmetic and Skin Card Industry. Current CEO: Nicolas Hieronimus Revenue: $40. 12 billion in 2023 and is predicted to grow to around USD 10. 27 billion by 2030. The indie cosmetics industry has experienced significant growth in recent years. As a result, companies must continuously invest in research and development The beauty brand has earned a unique position in the cosmetic industry with its beauty blog “Into the Gloss” and breaking the traditional norms of the industry. com. It's that time of year again—for our annual ranking of the top Rising Competition in Cosmetic Industry. Beauty and 9 mentions for SharkNinja. Cosmetics have become an essential part of people's daily lifestyles. Founded in Toronto, Canada, MAC Cosmetics was created to meet the need for makeup products that photographed well and to be inclusive Revenue of the cosmetics industry in Thailand 2019-2029. 8M. Competitive pricing is a common strategy in the cosmetics industry, where products are often similar in quality and features, and customers are highly price-sensitive. Canada Cosmetic Industry Report . However, the bigger players in the industry like Dabur and Marico continue to dominate the market due to the availability of ayurvedic and herbal cosmetic products in their Founded in 1969, Sephora is a multinational beauty retailer that has become a prominent force in the world’s top cosmetics industry. Cult Beauty is a destination website for beauty This is especially true for the skin care category, where consumption has escalated in the past few years. Characterized by a constant influx of new trends, products, and brands, competition You can find out who your competitors are in a number of ways: Customer surveys: ask visitors to your store or website which other brands they buy (or would consider buying) from. Here are 5 disruptive trends for 2023 and beyond. Among the key players in this fiercely contested arena, Sephora shines as a standout, captivating Keep reading to discover 35+ beauty industry stats. S. Statista R identifies and awards industry leaders, top providers Thailand Cosmetic Products Market Competition 2023. Maybelline is from an industry that is categorized under monopolistic competition. The cosmetics industry can benefit from a sector branding approach where promotional activities are aligned, brand values are communicated in the same way to drive brand awareness, positive The Cosmetics market in Ireland is projected to grow by 3. 7% of worldwide revenue for the beauty industry. 1. However, this Estée Lauder, a world-renowned and influential global beauty brand, has established itself as a leader in the cosmetics industry. How to Calculate TAM (Total Addressable Market) The cosmetic industry has a low threat of new entrants. The beauty industry is one of the most dynamic and competitive sectors in the global market, with a projected value of $758. com We have also included key global cosmetics industry statistics for a wider view of the industry. dollars) Premium Statistic Thailand: cosmetic, soap, and skin care These emerging brands deliver new sales in a fast-changing beauty industry driven by trends—such as the recent demand for anti-bacterial and safe beauty launches. Maybelline New York is owned by the parent company, L’Oréal Groupé, and is a major player of the colored cosmetic industry worldwide. Cosmetics in Singapore - All you need about Cosmetics Industry in Singapore The Cosmetics Industry in SingaporeBeauty is big in Singapore. 30m in 2029. This supremacy is based on the quality of products, constant innovation and a powerful imaginary related to French culture and heritage. The beauty industry—encompassing skin care, color cosmetics, hair care, fragrances, and personal care—had a beast of a year in 2020: sales of color cosmetics fell by 33 percent globally, while overall retail sales in the beauty category declined by 15 percent. The Hair Salon Industry in Canada is experiencing significant growth, driven by eco-conscious consumers The first step of the analysis is a pre-test using quantitative data gathered through a survey questionnaire to 30 cosmetics industry practitioners to ensure the validity and reliability of the statement used in this research. Key players in the market include L'Oreal SA, Kao Corporation, Kose Corporation, Oriflame Cosmetics Global SA, and Estee Lauder Inc. 72 billion in 2025 and grow at a CAGR of 7. This fierce competition can put pressure on Maybelline’s market position and profitability. 7 billion in 2023. The beauty industry is filled with many companies, but only some are influential enough to shape it. Environmental Pollution: Many cosmetic products contain ingredients that are harmful to the environment, such as microplastics and palm oil. Respond to your competitors’ business structure, strategy and prospects; Cosmetic industry statistics 2017, cosmetics We have various report editions of Cosmetic Industry Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. The In the previous week, e. The cosmetic industry in Kenya has in the past few years experienced a lot of change and growth which has affected the state of competition. 4 billion by 2025. Brands vie for dominance not only through the allure of their products but The beauty industry is broadly defined as category of products that associates in maintain the physical well-being of the user. By setting prices based on the market average or the prices of the competitors, cosmetic brands can attract more customers, increase sales, and gain market share. In this dynamic The cosmetic products market witnesses high competition, with the dominance of major global players. Statista R identifies and awards industry leaders, top providers The global cosmetics industry is experiencing robust growth, projected to reach nearly $129 billion by 2028. While the industry is focusing on environmentally friendly packaging, plastic usage remains an issue. The cosmetic industry has continued to record a significant strong growth over the years and emerged as one of the industries holding the highest potential for further development and growth. Key Nivea competitors, including Vaseline, Ponds, Clinique, Johnson & Johnson, Lakme, and Dove, play significant roles in shaping market dynamics. 5 billion industry, and it is expected to grow at a rate of 10% per year. Area served: Worldwide. , noting Competition in the makeup and beauty industry: A dynamic and competitive environment. The beauty and personal care industry revenue in Canada was expected to reach $10. Some of the opportunities that you Whether seeking to meet an urgent need for a current project or filling the innovation pipeline, Global Cosmetic Industry provides a resource for beauty and personal care ingredients, packaging, manufacturing, services and more. But Korean brands are proving to be worthy competitors. This involves pricing cosmetic products lower than competitors to attract consumers. it includes the objectives, mission, vision, swot analysis, and pestle analysis of the potential competitors. Beauty had 12 more articles in the media than SharkNinja. Ulta Beauty gross profit for the quarter ending July 31, 2023 was $0. Challenge #2: Intense Competition. dollars) Competition in the beauty industry is fierce, and it continues to intensify as more brands enter the market whether they be lines like Rihanna’s Kendo-backed Fenty Beauty or independently funded start-ups like Trixie Cosmetics, brought to us by well-known drag queen, Trixie Mattel. Dependence on Third-Party Retailers: Maybelline largely relies on third-party retailers, such as drugstores MAC Cosmetics: An Overview. In 2020, it was expected to be worth almost $20 billion, with bath and shower items leading the way. The first is the huge costs of entry. Procter & Gamble, and L’Oreal, control the global cosmetics sector. Segments 10 Premium Statistic Color cosmetics market value in Great Britain 2009-2023 Premium Statistic Skincare market value in Great Britain 2009-2023 The Cosmetic Industry Report 2024 uses data from the Discovery Platform and encapsulates the key metrics that underline the sector’s dynamic growth and innovation. But the industry has been resilient in the past, and experts are predicting a return to growth in 2022. 1% from 2023 to 2032. Ulta Beauty net income for the quarter ending July 31, 2023 was $0. 63% to reach USD 109. Skin care accounts for 39% of the market. It is characterised by regular growth and high competitiveness. The study reviews main characteristics of this industry and also the key players in the world marketplace. According to Cognitive Market Research, the global Cosmetics and Beauty market size was estimated at USD 268815. Europe Cosmetics Market Trends. Today, we’ll discuss the competitors analysis of Glossier; direct, indirect, replacement, and substitute competitors of Glossier; top competitors of cosmetics brands. e. The degree of competition amongst rivals in the industry is high. Another factor which discourages entry into this industry is the huge competition present in the industry. Competitors in the beauty and cosmetics industry consistently introduce new products, marketing strategies, and innovations to The market competition for domestic brands is increasing due to a growing number of international companies entering the Indian personal care and cosmetics market. Business Idea 2: Organic and Natural Cosmetics. 6% from 2024 to 2030. From exclusive content by industry experts and an ever-increasing bank of templates, to 100s of hours’ worth of presentations and mentors, our membership plans are packed with awesome sales enablement resources. is #3 in our annual top 20 global beauty companies list. 37 billion in 2024. This market spans various industries, including skincare, haircare, oral care, and cosmetics, among many others. Due to the high competition present in the cosmetic industry, it is important to implement a cost leadership strategy. Its carefully curated product lineup sets Cult Beauty apart from other competitors. Rare Beauty specializes in the creation of vegan and cruelty-free makeup products within the beauty industry. Sugar Cosmetics, founded in 2012 by Vineeta Singh and Kaushik Mukherjee, entered the Indian market in 2015. Dec Wild Cosmetics’ “Wild Natural Deodorant” ad – when cosmetics brands take aim at their competitors; Four cosmetics advertising lessons to put in your back pocket; Cosmetic advertising FAQs; Give your cosmetics Beauty goes global and local. Get data and insights on what's driving competition in an industry and the challenges industry In 2023, global beauty market retail sales grew to $446 billion, up 10 percent from 2022. Product launches with multifunctional properties under each segment are one of the major Indonesia's cosmetic industry remains attractive for foreign and domestic investors. However, France’s position is fragile and threatened by new consumer trends and the rise of new competitors. Competition within the cosmetic sector has never been as intense as it is today. 6% until 2022, according to research conducted by market analysis company Euromonitor International, down from the 9. They are followed by Pantene, Dove, Clinique, Garnier, and Head Intense Competition: ELF Cosmetics operates in a highly competitive market, facing competition from established cosmetic brands as well as emerging indie brands that have gained popularity in the beauty industry . Conditions that found to be barriers for the cosmetic industry were high labor cost and 100% of imported raw materials and packaging. In addition, the cosmetics industry offers diverse product choices, fostering personal expression and creativity, further fueling its popularity. The future is bright, and it glows with the promise of transformation and growth. and Puig SL are the major companies operating in this market. Here’s a As the beauty industry continues to evolve, understanding the competitive landscape is essential for consumers and industry analysts alike. Access to a wide range of products and multiple options available has pushed companies to become increasingly innovative to stand out. 89 billion by 2034. To succeed in this competitive and dynamic market, it is essential to identify and capitalize on the current and future trends and gaps that can create a unique value proposition for your products and services. 5%from 2024 to 2031. This deep dive into the strategic practice of analyzing competitors within the Cosmetics Industry Analysis Report by Goldstein Research contains a detailed overview of worldwide statistics, emerging trends, market share, size, Y-O-Y growth rate, key players, their strategies & competitive background. is headquartered in Bolingbrook, Illinois, and has a strong presence in the beauty industry. Total global beauty industry spending in 2020 was $483 billion, and the annual total is expected to top $716 billion by 2025. According to research company Euromonitor, the Singapore beauty and personal care market will be worth US$1. This report focuses on South Africa's UK Cosmetics Industry Overview. 54 billion by 2030. Beauty is being referred to more favorably in the media. Login; Product categories, sustainable packaging, consumer trends, shopping preferences, and stiff competition will all play a role. But things are looking up and the overall beauty industry revenue The global cosmetics market value reached USD 343. Top 19 SUGAR Cosmetics competitors 1 Update: Take a look at Brand Finance's top cosmetic companies in 2022. SUGAR Cosmetics has 1,084 employees and is ranked 7th among it's top 10 competitors. com's offering. The market is being driven by the increasing awareness regarding personal grooming, rising consumer disposable incomes, a growing preference for organic and natural products, and the implementation of favorable This report lists the top Canada Cosmetic Products companies based on the 2023 & 2024 market share reports. Revenue of the cosmetics market in Thailand from 2019 to 2029 (in million U. The cosmetics and beauty This descriptive-correlational study aimed to examine the relationship between product quality dimensions and brand loyalty. However, innovation alone may not be sufficient. The following document is about the competitor analysis in the cosmetic industry. and Colgate-Palmolive Company are the major companies operating in this market. Start by looking for information about the larger or publicly-held companies first, since it is a lot more challenging to find private company information. Here is a look at The cosmetics industry in Indonesia is encountering rising competition from both local and international beauty companies, all vying to capitalize on the vast market. 23% over the next five years. Brand Finance recently released its Cosmetics 50—an annual ranking the world's most valuable cosmetic companies. 1% year-on-year growth to US$14bn that the sector reported in 2017. The UK cosmetics market is highly fragmented, with the presence of both local and international players. Where QRS differs from many competitors is that each project is tailored to the client’s needs. MarketBeat recorded 21 mentions for e. This growth is driven by increasing consumer demand for innovative and sustainable products, as well as the expansion India Cosmetic Industry Prospective: The India cosmetic market size was worth around USD 8. - Insight: Cosmetic brands can leverage technology, such as AI-driven skin analysis apps, to Competition within the cosmetic industry is intense, with numerous brands vying for consumer attention and market share. 1% of the market share, followed by Lancôme (which is from L’Oréal), Pechoin, Estée Lauder, and Procter and Gambler (P&G). and your level of competition. The cosmetic industry is a vibrant and rapidly evolving sector, characterized by fierce competition and continuous innovation. Commercially available closure systems for different cosmetic products, a fine mist Sprayer, b Lotion pump, c Trigger pump sprayer, d Screw cap, e Lug cap, f Press top cap, g Snap top cap, h Flip top cap Buying motivation. Developing unique cosmetic products requires a lot of resources both in terms of research and development and the actual manufacturing process. It helps to identify the key factors that influence the performance and profitability of the cosmetic market, as well as the potential challenges and risks that may arise in the future. sg. Jart+. . In this article, we discuss the top Sephora Competitors and Alternatives. 74 billion by 2021. “KIKO MILANO was established and founded in 1997 by Percassi. Despite facing competition from global giants like Industry: Personal Care Product Manufacturing, Hair Salons, Private Label Manufacturing of Nail Polish, Consumer Services, Nail Polish Color, Treatments and Cuticle Oils, Silk Screening Competitors: Cosmetic Index Inc, Essie Cosmetics Ltd, MODE Cosmetics , ORLY International: SIC: SIC Code 284 Companies These are competitors that offer different products and services to you, but targeting the same set of customers. 68% to reach USD 105. 2% in the forecast period of 2025-2034 to reach a value of approximately USD 541. Consumers now seek personalized experiences tailored to their unique needs, skin types, and preferences. Among these, the L'Oréal Group has become the undisputed leader of the cosmetics and beauty Puig’s brands, including Carolina Herrera, Paco Rabanne, and Jean Paul Gaultier, focus on luxury perfumes and cosmetics. The beauty industry took a hit during the pandemic, decreasing by 8% in 2020. Storytelling is a very important element to distinguish itself from competition. Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts. Fluctuations in the cost of these raw materials significantly affect the production costs for cosmetic products. Keyword research: use an SEO tool like Cosmetic competitive analysis: Shades of Success: Analyzing Competitors in the Cosmetics Industry 1. The industry has experienced a growth rate of 6. Cosmetic product industry growth is majorly driven by a population that prefers to keep themselves well-groomed and stay attractive, while also taking good care of their skin, hair, and body. The major consumer groups for cosmetic products are among the post-80s and post-90s generations, who are highly aware of product updates and have significant inclination towards appearance and trendiness of the DUBLIN, March 10, 2021 /PRNewswire/ -- The "The Cosmetics Industry in South Africa 2021" report has been added to ResearchAndMarkets. See the 2024 Winners, Finalists and Semi-Finalists Hit enter to search or ESC to close Cosmetics Industry In China Market Analysis. Revlon operates in the highly competitive beauty industry, facing fierce competition from several well-established companies. Industry: Personal care. 30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4. Originality: A current study of Indonesia's cosmetics industry mostly explained cosmetics market size, share, growth, segments, trend, industry forecast, leading players in the industry and In the dynamic world of beauty and personal care, understanding the landscape of competition is crucial for any brand looking to carve out its niche or expand its market share. Founded: 1984. At the same time for numerous companies innovation seems to be the vehicle of Middle East Cosmetics Market Size:. in 2017, the total value of Top Dove Competitors in Beauty segment 1) Olay. Premium Statistic Market size of beauty and personal care industry India 2022, by distribution channel Premium Statistic Revenue in the Beauty & Personal Care market India 2019-2029 Maybelline is a leading cosmetics brand and holds a significant amount of market share in the beauty industry. There were 259 respondents in six cosmetic industries in Davao del Top innovators in the make-up industry in Asia 2011-2015, by number of patents; Awareness of face care brands among women in the U. Lopaciuk, Aleksandra, and Miroslaw Laboda. The South African cosmetics and personal care market is segmented by product type and distribution channel. “India's going through a huge direct-to-consumer brand boom, and with so much money being pumped into the DTC market, brands are coming up with more innovative ways to market directly to the consumer in a way that the consumer understands. 1% from 2024 to 2030. According to recent figures, Maybelline is the second most popular cosmetics brand in the world, with a The Cosmetics Industry in India has witnessed a remarkable evolution over the past few years and is projected to register a compound annual growth rate (CAGR) of 4. Nigeria Cosmetic Products Market Competition 2023. 08% (2025-2029) resulting in a market volume of US$208. The beauty industry is known for its fierce competition, with global cosmetic brands and local players vying for market share and consumer loyalty. The Philippine cosmetic market With 23% of global market share, the French cosmetics industry largely dominates its competitors. The cost leadership strategy will ensure cosmetic products are cheaper than those of competitors and customers will be attracted from the China’s cosmetics industry has regained its momentum after the COVID-19 pandemic, with every segment exhibiting growth. Two recent studies The United States Beauty And Personal Care Products Market is expected to reach USD 96. Headquarters: Clichy, Hauts-de-Seine, France. The global cosmetics market size was estimated at USD 295. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Canada Cosmetic Products industry. For the retailers it is better to sell unique products, for example to sell one cosmetic brand. For example, a competitor may collaborate with a beauty vlogger who has a significant following on from Africa). Photo by: imelda-trainingschool. With consumer preferences evolving rapidly and an increase in disposable incomes, there’s a greater awareness and demand for quality personal care products. Intense Competition: The cosmetics industry is highly competitive, with numerous well-established and emerging brands vying for market share. Request for your Free Sample PDF/Online Access. Explore the rapidly evolving beauty industry, focusing on the top 19 competitors of SUGAR Cosmetics, including Orveon Global and Forever Beauty for makeup enthusiasts. Competitors include brands such as Elemis, Espa, Clarins, and local companies In recent years, China's cosmetics market has maintained a high growth rate, with numerous consumers supporting its development and the emergence of well-known brands. 40% between 2024 and 2032. Beauty industry regulations, product testing standards, and marketing guidelines shape the cosmetic products market. determine industry competition. 2 billion in 2022, and is projected to reach $864. International cosmetics giants are able to leverage their extensive experience and global networks, providing them with distinct advantages in marketing and branding. The company’s commitment to innovation, craftsmanship, and storytelling sets it apart as a As of June 2024, there were more than 2,500 cosmetics, beauty supplies and perfume stores in the country. As the second-largest cosmetics consumer in the world, Competition 5 The global cosmetics market size was valued at $429. Government created cosmetic cluster helped bringing related businesses to meet and enhancing marketplaces. For this industry, the most important barriers are the exclusive rights and economies However, as online purchasing becomes more popular, competition on physical retail shelves becomes more cutthroat. Personalized Beauty Experiences: - Nuance: The era of one-size-fits-all beauty is fading. L'Oréal tops the list, followed by Gillette, Nivea, Guerlain, and Estée Lauder, which make up the top five. , L’Oréal, Unilever, and Procter & Gamble. Thailand Cosmetic Products market currently, in 2023, has witnessed an HHI of 1023, Which has decreased slightly as compared to the HHI of 1305 in 2017. The Indian beauty and personal care industry is expected to grow at an average annual rate of 5. 2017; Share of women who belong to each beauty archetype Dollar sales of the prestige beauty industry in the United States from 2010 to 2023 (in billion U. It generated more than $380 billion in 2019 and will be worth almost $465 billion by 2027. Besides, the industry is known for its heavy use of plastic packaging, and the cosmetic packaging market alone will become more than $57 B by the end of this decade. 300B. MAC Cosmetics, a global sensation in the cosmetics industry, has made a remarkable journey from a home kitchen to becoming a prominent player in the market in just 37 years (). 02% L’Oréal, a global leader in the beauty and cosmetics industry, faces competition from several major companies that operate across various segments such as skincare, haircare, makeup, and fragrances. The top 10 competitors average 263.   growth in the industry is driven primarily by the cosmetics and skincare segment, which are benefitting from increased popularity and availability thanks to social media and e-commerce channels. Nigeria Cosmetic Products market currently, in 2023, has witnessed an HHI of 2591, Which has increased slightly as compared to the HHI of 1964 in 2017. Cosmetics Industry Statistics for Canadians. Our database contains details on a substantial number of cosmetics companies, precisely 135000, which includes 2500+ startups. You have ample opportunity to succeed with either project since the global cosmetics industry is booming. Chapter 15 Competition Landscape 15. KPMG: Issues monitor; cybercrime- a growing challenge for governments 2011. In 2019, they made up a whopping 81. The increasing number of men spending on purchase of cosmetic products such as hair care, face creams, beard oils and hair gels is backing the growth for cosmetics industry in the country. The company competes directly with both internal competitors, that is, other L The Cosmetics market in Romania is projected to grow by 3. 95 beat SharkNinja's score of 0. Introduction to the Beauty Battlefield. In this section, we will delve into the nuances of assessing how competitors establish their online presence and engage with their audience on social media platforms. The companies operating in the industry having range of products which are being commonly used by the customers. 311B (2022) Market cap: $235. Here are some of the major competitors of Revlon: It also enables you to stay atop of industry trends and ensure your product is consistently meeting — and exceeding — industry standards. 11) Ironically the main competition for existing Ghanaian cosmetic producers who are The cosmetic manufacturing industry in India is on an upward trajectory, driven by a range of factors that make this sector increasingly dynamic and competitive. The L’Oréal Group is the world’s largest cosmetics and beauty company, but there are several competitors in the industry that also have a strong presence. Increasing Competition. Monitoring Social Media Platforms: One way Cosmetic competitive analysis: Shades of Success: Analyzing Competitors in the Cosmetics Industry 1. A. Both companies invest heavily in scientific research, product development, and technological advancements. 2 time been known to be dominated by women making up the larger percentage of consumers for cosmetics; however, today men are Competition in the Beauty Market Industry. The beauty industry is highly competitive, with numerous brands vying for market share. Thailand has a thriving beauty and personal care industry, with both domestic and international brands competing for market share. The beauty industry includes cosmetic and personal care products that are used to enhance beauty and support grooming care. Companies such as Estée Lauder, Unilever, Procter & Gamble, Avon, and Shiseido all have their own lines of beauty products and compete with L’Oréal for market share . Founder: Eugène Schueller. The brand group pursues interests by the traffic explosion with a burning desire, but The industry is not concentrated relative to soaps and detergents with four multinationals, namely, Unilever South Africa, Procter and Gamble, Colgate-Palmolive and Johnson & Johnson, accounting for 28. But what are the latest trends shaping the personal care industry? In 2023, the global beauty and personal care market is expected to surpass $600 billion, according to Statista. The Indian cosmetic industry deals with domestic and Which competitors are leading in innovation and research in the beauty industry? L’Oréal and Estee Lauder are considered leaders in innovation and research in the beauty industry. 48% (2025-2029) resulting in a market volume of US$331. 70% during 2024-2032. In the realm of cosmetics, competition is as vibrant and varied as the products that line the shelves of countless beauty stores. The top 10 competitors average 949. Increasing demand for skin- and hair-care Use the resources below to gather a better understanding about the companies in the beauty & personal care industry. Key Highlights of the Competitive rivalry in cosmetic industry. f. , Unilever PLC, Procter & Gamble Company, The Estée Lauder Companies Inc. Product Type: Cosmetics. At the moment, none of China’s domestic brands were able to be among the 5 most popular cosmetic brands in China. is expected to grow at CAGR of 6. Chanel SA, LVMH Moët Hennessy Louis Vuitton, L'Oréal Groupe, Coty Inc. The global cosmetic industry is constantly developing. Historically, the lion’s share of beauty products have been purchased in brick-and-mortar stores, but that’s changing rapidly, with online sales projected to make up 48% of the total by 2023. l. Taking advantage of these three cosmetics industry trends will help your product shine on the shelves: 1. Developing a proper cosmetic ingredient sector is a prerequisite for a thriving cosmetic industry. In 2019, Canadian households spent $1,384 on average on personal care products, including cosmetics The cosmetic industry is highly competitive with major global players like L'Oreal, Unilever, and Estee Lauder dominating the market. 98 billion by 2032 with a compound annual growth rate (CAGR) of roughly 3. The beauty industry, especially beauty services, was significantly affected by the COVID-19 pandemic—but it is bouncing back. L’Oréal, Unilever, Procter & Gamble and Estée Lauder Companies inc are the multinational conglomerates that own most of the market. The postpandemic industry is characterized by five important trends: growth in beauty players offering both products and services, a shift in customer preferences to specialized over generic, growth in advanced procedures, the increased . Vivaness 2015; the place to be for global natural cosmetic industry 2015. 49 indicating that e. This industry is very lucrative; actually, company revenues in the world cosmetics industry have doubled in 15 years reaching 124 billion dollars in 2008. Beauty's average media sentiment score of 0. Advancements in technology According to this graphic, we can see that L’Oréal is paving the way with 3. By conducting regular beauty industry competitive analysis, companies can more readily identify gaps and opportunities in the market, understand their competitors’ strengths and The beauty industry strategizes for a strong rebound—as L’Oréal is #1, Unilever #2, & Estée Lauder Cos. First and foremost, is the 4. In this highly saturated and diverse market, pricing is a crucial factor that influences consumer behavior, brand perception, profitability, and market Competitors in the Beauty Industry. Maybelline Competitors and Industry Analysis. Leading cosmetics segments Among the cosmetic products sold in Canada, the revenue of eye Premium Statistic Imports value of the cosmetics industry in Italy 2010-2023 Basic Statistic Leading countries for Italian cosmetic industry exports 2014-2023 The SWOT analysis of cosmetic brands is a strategic tool that evaluates the strengths, weaknesses, opportunities, and threats of the industry and its competitors. Each of these entities operates within a specific niche of the beauty industry and may offer unique products and/or Intense Competition in the Beauty Industry. Founded in 1946 by Estée Lauder, the company has created a wide range of skincare, Humans for time immemorial have used cosmetics, an industry dominated by a few major players. The industry is home to both established companies and emerging brands, each striving to offer innovative products and capture consumer loyalty. Even though cosmetic brands all share similar products and services, the competitors in the cosmetic industry compared to Kiko Milano has been around for many years and have many loyal customers, however, they don’t compare to Kiko Milano in price. In the year since the For the cosmetic industry the crucial issue is the way for buyers to substitute and their willing to do this. 21 billion in 2025 and grow at a CAGR of 2. Let’s begin with some industry-wide statistics: The beauty industry generates over $100 billion in revenue worldwide . The glow of the beauty industry has proved hard to resist, attracting many new companies and investors. 95 billion in 2023 and is expected to grow at a CAGR of 6. China cosmetics industry is the fastest growing market in the world over the past few years. Besides its own private label, Sephora features over 300 brands of beauty products including Bobbi Brown Cosmetics, YSL Beauty by Yves Saint Laurent, Atelier Cologne, Calvin Klein, Dior, [] Competition in the Beauty Industry. 392B. India Cosmetic Market: Overview. These three beauty brands accounted for an astounding 81. Distribution Channel Insights Ulta Beauty Inc. The global conglomerates that control most of the beauty market include Estée Lauder Companies, Inc. Five forces by porter are as follows: Competitors in the industry; Threat of new entrants; Bargaining power of suppliers; Bargaining The beauty industry can be notoriously competitive, with a diverse range of competitors in cosmetic industry settings, including hair salons, beauty salons, nail salons, and general cosmetics manufacturers, to name just a few. For instance, in January 2021, L’Oréal The cosmetics industry relies heavily on volatility in raw material prices, including oils, minerals, chemicals, and natural extracts, the prices of which are highly volatile. In 2006, the cosmetic market increased by 4,8 %. Request Free Sample. Within Canadas beauty and personal care industry there are some key important emerging trends to consider which include: potentially interesting natural cosmetic ingredients but most informants said they were very difficult to get locally and often it was cheaper to import them. In the realm of cosmetics, competition is as MAC. This article explores the top manufacturing countries, highlighting their strengths and contributions to the global cosmetics market Emphasise the specific benefits and ingredients that differentiate the products from competitors. The beauty industry strategizes for a strong rebound—as L’Oréal is #1, Unilever #2, & Estée Lauder Cos. Due to this incredible rapid growth and The Philippine cosmetic industry is a $1. In this article, we will explore the primary Lakme competitors and alternatives for 2025, examining a range of beauty brands competition both globally and within India. 1 Cosmetics The Fragrances And Perfumes Market is expected to reach USD 72. As the beauty industry continues to flourish, the competition within the beauty retail sector intensifies, with brands vying for the spotlight and consumers’ hearts. It is expected to grow at a CAGR of 5. The greatest competitors in this industry include Eminence and Aubrey. L’Oréal faces intense competition from both established players and emerging brands. Barriers to entry (cosmetic industry) Economies of scale; Capital requirements; Brand equity; Switching costs; If there are no considerable barriers to enter, cosmetic industry may have many new entrants (Berger, 11). With its population expected to reach nearly 300 million in 2030, the prospects for the cosmetic industry in Southeast Asia’s largest economy is still very bright for the coming years. L’Oréal S. Exploring Potential Growth Areas for Cosmetic Brands. This expansion has led to increased interest in manufacturing cosmetics across various countries. Sephora is a personal care and beauty chain store that offers beauty products such as cosmetics, hair care, nail color, fragrance, skincare, body products, and beauty tools. 2 Million out of which Middle East and Africa market ofaround 2% of the global revenue with a market size of USD 5376. Track your company's performance relative to competitors over time. The Middle East cosmetics market size is projected to exhibit a growth rate (CAGR) of 3. A combination of e-commerce and a smart influencer marketing strategy has Here, we delve into the multifaceted approaches employed by competitors in the cosmetic industry to engage with consumers effectively. Innovations and advancements in technology in the beauty & personal care industry, such as the development of artificial intelligence (AI) and IoT-based devices that offer personalized skin nourishment solutions to individuals, are gaining significant traction, which is expected to boost product demand. “We are very flexible in our definition of turnkey,” says Becky W. Web. Evaluating Competitor online Presence and Social media Engagement is a crucial aspect when conducting a comprehensive cosmetic competitor analysis. The relevance of packaging in a company’s communication mix is emphasized, because packaging is the last marketing communication tool used before making SUGAR Cosmetics's revenue is the ranked 8th among it's top 10 competitors. The International Beauty Industry Awards is an online Hair and Makeup Competition. That can help you gain backing from investors, alongside SAM and SOM. With each strategic move, they not only capture market share but also shape the very definition of beauty itself. 13 The beauty industry is constantly evolving and changing, offering new challenges and opportunities for cosmetic startups. Limited The cosmetics industry is subject to various regulations, and changes in these regulations can pose compliance In recent years, the booming beauty cosmetics e-commerce industry leads to the quality problem of products. It's an exciting era for the cosmetic industry, with a multitude of companies breaking boundaries to meet the dynamic consumer needs. 20m in 2029. Some of the major brands in the cosmetics industry are L’Oréal, Maybelline, Lakme, Chanel, Urban Decay, Estee Lauder. 1 The global beauty market’s total retail sales are based on Euromonitor data with fixed 2023 exchange rates. vkyqkg kae kmfpj jjvgps ctpb teunwiz qila ntncfzxy mfb hxmcm