Global Cosmetics Stores Market Segments 2024, Forecast To 2033

5 Mar, 2024

The cosmetics stores market has exhibited strong growth, increasing from $115.03 billion in 2023 to $123.92 billion in 2024, with a CAGR of 7.7%. The historical growth is linked to changing beauty trends, social and cultural influences, and e-commerce growth. The 2028 forecast predicts a market size of $163.32 billion, driven by sustainability and ethical consumerism, digital marketing, and innovations in beauty products, maintaining a CAGR of 7.1%. Major trends include inclusive beauty and wellness and beauty integration.

Global Cosmetics Stores Market Key Driver

The cosmetic store market is set to witness substantial growth due to an increasing demand for cosmetic products. Rising awareness of personal hygiene, skin health, affordability of cosmetic products, and higher disposable incomes are fueling this demand. In 2021, L'Oréal S.A reported a global cosmetic market valuation of approximately $248.61 million, reflecting an 8% growth. Cosmetic stores offer personalized products, superior in-store experiences, and convenience, making them preferred choices for consumers. This escalating demand positions the cosmetic store market for significant expansion in the foreseeable future.

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Global Cosmetics Stores Market Segments

The cosmetics stores market covered in this report is segmented –
1) By Product: Skin Care, Hair Care, Makeup, Fragrance, Other Products
2) By Price Range: Premium, Economy
3) By Gender: Men, Women, Unisex
4) By Distribution Channel: Offline, Online
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions. North America was the largest region in the cosmetics stores market in 2023. Asia-Pacific is expected to be the fastest-growing region in the cosmetic stores market report during the forecast period. The regions covered in the cosmetics stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Cosmetics Stores Industry Players

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 Inc.; Estée Lauder Companies Inc.; Sugar; Ulta Beauty Inc.; Natura & Co.; Christian Dior SE; The Cosmetics Company Store; Sephora USA Inc.; The Procter & Gamble Company; Coty Inc.; Beiersdorf AG; Chanel Limited; Unilever plc; Johnson & Johnson Services Inc.; Henkel AG & Co. KGaA; Amorepacific Corporation; LVMH Moët Hennessy Louis Vuitton SE; Colgate-Palmolive Company; Mary Kay Inc.; Yves Rocher Spol. S R.O.; Clarins Group; Elizabeth Arden Inc.; Kose Corporation; Shu Uemura Cosmetics Inc.; Kanebo Cosmetics Inc.; SK-II; OPI Products Inc.;

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AIOps Cosmetics Stores Market Overview

Cosmetic stores also known as beauty stores or beauty supply stores refer to specialty retail stores that are involved in the selling and displaying of cosmetics products. Cosmetics products are any preparation that intends to apply to skin and other body parts to improve their appearance and make them more appealing it includes skincare, haircare, oral care, sun care, decorative cosmetics, body care, and perfumes.

Cosmetics Stores Global Market Report 2023 provides data on the global cosmetics stores market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The cosmetics stores market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.