2020 Projections puts Sweden Cosmetics Market at $ 2.93 billion
This report provides research about Methodology, Drivers, Restraints, Opportunities, Challenges, Segmentation, Geographical Analysis, Strategic Analysis & major Leaders of Sweden Cosmetics Market.
(EMAILWIRE.COM, September 15, 2017 ) The Sweden Cosmetics Market is estimated to worth US$ 1.86 billion in 2015, and will grow at a CAGR of 9.51% over the forecast period, to US$ 2.93 billion by 2020.
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Some important players in the mass/masstige makeup/cosmetics field include market leader LOreal, ,P&G, Beiersdorf, Unilever, MAC, Revlon, Olay, Avon, Boots No 7, Maybelline, Rimmel, Bourjois, Boots 17, etc.
The cosmetics or beauty products industry in the world is one sector which remains impervious to the ups and downs markets. Overall sales are indeed affected in the event of an economic downturn, but one can count on sales of cosmetics to maintain a certain volume overall. This is because of continuing and growing usage of products by women, and increasingly, by men, across the world.
Cosmetics can be subdivided by the areas of application. Cosmetics used on the face (and other parts of the body like foundation, glitter, etc.) include products like primer, foundation, concealer, face powder, bronzer/blusher, face contour creams, highlighter, and setting spray to help makeup stay put longer. Cosmetics used on the lips include lipsticks in matte or non-matte and other varieties, lipstains, coloured lip balms, and lip glosses. Furthermore, the eye-area makeup items include kohl, eye liners, eye brow pencils (and recently, fake eye brows), fake eye lashes, mascara, and more. Another extension of cosmetics are nail colours. Aside from these products, there are ancillary industries for cosmetics supportive products like make up brushes, beauty blenders, etc. The most popular trend is the blending of multiple benefits under one beautifying product. The result of this trend, originating in South Korea, is the BB (followed by CC, DD and EE) creams, which have the colour correction properties of foundation, SPF benefits of sunscreen and a multitude of other medical and natural benefits. These products will drive the growth in Swedish market because of their range of benefits and high cost.
The market exhibits relatively high purchasing power, a high penetration of almost all global brands, a lack of new markets, and an excessively strong and stringent regulatory framework which has led to constricted market growth. While the market suffered and registered a decrease in revenues and sales during the Eurozone crisis, sales have regained value. They are driven by an increased preference for vegan, organic and natural beauty products to mitigate harmful effects of pollution, sun, dust, and harmful ingredients typically a part of cosmetic products, increased awareness about sustainability and socially responsible cosmetics available. An up and coming market in this region is that of ethnic cosmetic products matching skin tones of African and Asian and South Asian skin tones.
The predominant trends for cosmetics include lasting power and new colour palettes, increasing market share for ethnic products, and an increased preference for vegan, organic and natural beauty products to mitigate harmful effects of pollution, sun, dust, and harmful ingredients typically a part of cosmetic products.
Distribution is pervasive through exclusive stores of luxury products in malls or standalone, while ecommerce is emerging as a competitor to direct sales for all mass and premium brands. Direct sales for Avon continue to hold and grow market value. Customers are increasingly looking for value for money products which are natural and beneficial for the skin, provide benefits of high priced premium products, at a lower than premium cost. This product class has been dubbed śmasstige. Another more popular trend is that of spending on more advanced products, promising breakthrough technologies and benefits. Given the high disposable income, this has led to an increased demand for new product innovations by luxury brands like Dior, Guerlain, Clarins, Clinique, Lancome, Estee Lauder, Shiseido, etc.
Browse Full Report @ http://www.orbisresearch.com/reports/index/sweden-cosmetics-products-market-by-products-distribution-channels-and-vendors-market-trends-and-forecasts-2017-2022
Drivers of Sweden Cosmetics Market:
High disposable incomes, an inclination to spend on appearance, a large section of the Sweden’s teens growing older, younger, a large section of the country’s population being older and ageing, a union of for skin-benefiting and beautifying aspects in new makeup products through research into use of natural products, continuation of research on breakthrough technologies for premium and other products, introduction of a range of new product classes (DD and EE creams, etc.) are some of the drivers of this market.
Challenges in Sweden Cosmetics Market
Lack of un-penetrated and potential markets, insufficient research into the prevalent trend of organic products, an excessively stringent cosmetics regulations environment discouraging a number of global companies are a few of the challenges in the Swedish cosmetics market.
What the Sweden Cosmetics Market report offers
Market Definition for the specified topic along with identification of key drivers and restraints for the market
Market analysis for the Sweden Cosmetics Market, with region specific assessments and competition analysis on a Sweden and regional scale
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a Sweden and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares
Identification and analysis of the Macro and Micro factors that affect the Sweden Cosmetics Market on both Sweden and regional scale
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Report Brochure @ http://www.orbisresearch.com/contacts/request-sample/416356
Some important players in the mass/masstige makeup/cosmetics field include market leader LOreal, ,P&G, Beiersdorf, Unilever, MAC, Revlon, Olay, Avon, Boots No 7, Maybelline, Rimmel, Bourjois, Boots 17, etc.
The cosmetics or beauty products industry in the world is one sector which remains impervious to the ups and downs markets. Overall sales are indeed affected in the event of an economic downturn, but one can count on sales of cosmetics to maintain a certain volume overall. This is because of continuing and growing usage of products by women, and increasingly, by men, across the world.
Cosmetics can be subdivided by the areas of application. Cosmetics used on the face (and other parts of the body like foundation, glitter, etc.) include products like primer, foundation, concealer, face powder, bronzer/blusher, face contour creams, highlighter, and setting spray to help makeup stay put longer. Cosmetics used on the lips include lipsticks in matte or non-matte and other varieties, lipstains, coloured lip balms, and lip glosses. Furthermore, the eye-area makeup items include kohl, eye liners, eye brow pencils (and recently, fake eye brows), fake eye lashes, mascara, and more. Another extension of cosmetics are nail colours. Aside from these products, there are ancillary industries for cosmetics supportive products like make up brushes, beauty blenders, etc. The most popular trend is the blending of multiple benefits under one beautifying product. The result of this trend, originating in South Korea, is the BB (followed by CC, DD and EE) creams, which have the colour correction properties of foundation, SPF benefits of sunscreen and a multitude of other medical and natural benefits. These products will drive the growth in Swedish market because of their range of benefits and high cost.
The market exhibits relatively high purchasing power, a high penetration of almost all global brands, a lack of new markets, and an excessively strong and stringent regulatory framework which has led to constricted market growth. While the market suffered and registered a decrease in revenues and sales during the Eurozone crisis, sales have regained value. They are driven by an increased preference for vegan, organic and natural beauty products to mitigate harmful effects of pollution, sun, dust, and harmful ingredients typically a part of cosmetic products, increased awareness about sustainability and socially responsible cosmetics available. An up and coming market in this region is that of ethnic cosmetic products matching skin tones of African and Asian and South Asian skin tones.
The predominant trends for cosmetics include lasting power and new colour palettes, increasing market share for ethnic products, and an increased preference for vegan, organic and natural beauty products to mitigate harmful effects of pollution, sun, dust, and harmful ingredients typically a part of cosmetic products.
Distribution is pervasive through exclusive stores of luxury products in malls or standalone, while ecommerce is emerging as a competitor to direct sales for all mass and premium brands. Direct sales for Avon continue to hold and grow market value. Customers are increasingly looking for value for money products which are natural and beneficial for the skin, provide benefits of high priced premium products, at a lower than premium cost. This product class has been dubbed śmasstige. Another more popular trend is that of spending on more advanced products, promising breakthrough technologies and benefits. Given the high disposable income, this has led to an increased demand for new product innovations by luxury brands like Dior, Guerlain, Clarins, Clinique, Lancome, Estee Lauder, Shiseido, etc.
Browse Full Report @ http://www.orbisresearch.com/reports/index/sweden-cosmetics-products-market-by-products-distribution-channels-and-vendors-market-trends-and-forecasts-2017-2022
Drivers of Sweden Cosmetics Market:
High disposable incomes, an inclination to spend on appearance, a large section of the Sweden’s teens growing older, younger, a large section of the country’s population being older and ageing, a union of for skin-benefiting and beautifying aspects in new makeup products through research into use of natural products, continuation of research on breakthrough technologies for premium and other products, introduction of a range of new product classes (DD and EE creams, etc.) are some of the drivers of this market.
Challenges in Sweden Cosmetics Market
Lack of un-penetrated and potential markets, insufficient research into the prevalent trend of organic products, an excessively stringent cosmetics regulations environment discouraging a number of global companies are a few of the challenges in the Swedish cosmetics market.
What the Sweden Cosmetics Market report offers
Market Definition for the specified topic along with identification of key drivers and restraints for the market
Market analysis for the Sweden Cosmetics Market, with region specific assessments and competition analysis on a Sweden and regional scale
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a Sweden and regional scale
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares
Identification and analysis of the Macro and Micro factors that affect the Sweden Cosmetics Market on both Sweden and regional scale
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Information:
Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
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Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results