Published on December 28, 2015

The cosmetic market is projected to grow with changing trends in using beauty products and increasing consciousness about appearance.

Presently the increasing demand for advanced and sophisticated cosmetic products is an important driving factor in the market.  The distribution channels such as supermarkets, department stores, pharmacy & drug stores and shopping complexes play an indispensable role in meeting the demand cosmetic products.

The cosmetic products market is anticipated to grow at a CAGR of 6.3% with its escalating demand from promising markets such as Brazil, India, etc.

Currently the increasing disposable income, changing fashion trends of the consumers compels the cosmetic products market. Market players are also developing low cost effective products which will enhance demand for cosmetics items from middle and low income sectors too.