Retail Cosmetics Market Report 2025 (Global Edition)

Global Retail Cosmetics Market Report 2025 Market Size Split by Type (Makeup and color cosmetics, Skin and sun care products, Hair care products, Deodorants and fragrances), by Application (General de...

Retail Cosmetics Market Report Description

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Retail Cosmetics Market Insights Video

Competitive Landscape of the Retail Cosmetics Market

The global cosmetics market is dominated by companies such as The Procter & Gamble Company, LOREAL S.A., Revlon, Inc., Skinfood Co., Ltd., Avon Products, Inc., and Unilever PLC. To stay competitive, these players are implementing a variety of organic and inorganic expansion techniques

In July 2022, Unilever PLC collaborated with the InterContinental Hotels operator to provide larger packets of personal care goods such as hand wash, body wash, shampoo, conditioner, and body lotion to guest bathrooms in its hotels and resorts, assisting the hotel operator in reducing single-use plastic waste.

In August 2023, Kao Corporation announced that its wholly owned subsidiaries, Kao Australia Pty. Limited and Kao USA Inc., will acquire the Bondi Sands brands through the acquisition of Bondi Sands Australia Pty Ltd and related Bondi Sands enterprises to offer a range of sun care and skincare products.

(Source:https://www.kao.com/global/en/newsroom/news/release/2023/20230801-001/)

Top Companies Market Share in Retail Cosmetics Industry: (In no particular order of Rank)

• The Procter & Gamble Company
• LOREAL S.A.
• Revlon Inc.
• Skinfood Co. Ltd.
• Avon Products Inc
• The Estee Lauder Companies Inc.
• Oriflame Cosmetics Global SA
• Unilever PLC
• Shiseido Company Limited
• Kao Corporation
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Retail Cosmetics Market

Which Region Dominates the Retail Cosmetics Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue. The region is a well-known hotspot for high-profile cosmetics companies. In comparison to the rest of the globe, North American countries, among other things, make extensive use of various cosmetics.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the Retail Cosmetics market, owing to its diversity and dynamic market range, as well as significant demand for a variety of items. Furthermore, cosmetics are in great demand due to the vast number of clients and key market participants in China, India, Japan, and South Korea. China had the largest proportion of the cosmetics industry due to rising demand for skincare items including face masks and anti-wrinkle creams. As a result, such variables help to drive market expansion in specific regions.

The current report Scope analyzes Retail Cosmetics Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Retail Cosmetics Market Analysis

According to Cognitive Market Research, the global Retail Cosmetics market size was estimated at USD 315485.6 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 126194.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Retail Cosmetics market with a market size of USD 99567.26 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. The Retail Cosmetics market in the US had a substantial portion controlled by major cosmetic brands and a sizable number of consumers who were interested in beauty products.
• The Canada Retail Cosmetics market had a market share of USD 15143.31 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Canada has a significant presence in the Retail Cosmetics industry, thanks to an increasing consumer demand for beauty and skincare items.
• The Mexico Retail Cosmetics market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 11483.68 million in 2024.

Europe Retail Cosmetics Market Analysis

According to Cognitive Market Research, the global Retail Cosmetics market size was estimated at USD 315485.6 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 94645.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031.

• The United Kingdom Retail Cosmetics market had a market share of USD 15900.47 million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. In the UK, Retail Cosmetics sales witness an upswing due to the growing consumer preferences for high-quality and premium cosmetic items, as well as expanding population incomes, are driving up demand for branded cosmetic items in the region.
• The France Retail Cosmetics market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 8707.40 million in 2024.
• According to Cognitive Market Research, the Germany Retail Cosmetics market size was valued at USD 18739.84 million in 2024 and is projected to grow at a CAGR of 5.2% during the forecast period. In Germany, increased number of beauty salons and rising number of millennials and generation Z in the region are expected to propel the demand for various cosmetic products.
• The Italy Retail Cosmetics market is projected to witness growth at a CAGR of 4.4% during the forecast period, with a market size of USD 8139.53 million in 2024.
• The Russia Retail Cosmetics market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 14670.08 million in 2024.
• The Spain Retail Cosmetics market is projected to witness growth at a CAGR of 4.1% during the forecast period with a market size of USD 7760.95 million in 2024
• The Luxembourg Retail Cosmetics market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 2934.02 million in 2024.
• The Portugal Retail Cosmetics market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 1987.56 million in 2024.
• The Greece Retail Cosmetics market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 1135.75 million in 2024.
• Rest of Europe's Retail Cosmetics market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 14670.08 million in 2024.

Asia Pacific Retail Cosmetics Market Analysis

According to Cognitive Market Research, the global Retail Cosmetics market size was estimated at USD 315485.6 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 72561.69 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Retail Cosmetics market size was valued at USD 32652.76 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Retail Cosmetics sales surge in China due to the rising demand for luxury beauty products, the emergence of a strong middle-class consumer base, and the growing popularity of skincare and beauty trends.
• The Japan Retail Cosmetics market is projected to witness growth at a CAGR of 7.0% during the forecast period, with a market size of USD 10013.51 million in 2024.
• The India Retail Cosmetics market had a market share of USD 8707.40 million in 2024 and is projected to grow at a CAGR of 10.3% during the forecast period. India also has a thriving Retail Cosmetics market with a diverse range of beauty products catering to varying consumer preferences.
• The South Korea Retail Cosmetics market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 7256.17 million in 2024.
• The Australia Retail Cosmetics market is projected to witness growth at a CAGR of 8.2% during the forecast period, with a market size of USD 3773.21 million in 2024.
• The South East Asia Retail Cosmetics market is projected to witness growth at a CAGR of 9.5% during the forecast period, with a market size of USD 5006.76 million in 2024.
• The Rest of Asia Pacific Retail Cosmetics market is projected to witness growth at a CAGR of 8.3% during the forecast period, with a market size of USD 5151.88 million in 2024.

South America Retail Cosmetics Market Analysis

According to Cognitive Market Research, the global Retail Cosmetics market size was estimated at USD 315485.6 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 15774.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Retail Cosmetics market size was valued at USD 6751.39 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Retail Cosmetics sales flourish in Brazil due to the country's vibrant beauty culture, diverse consumer base, and a growing economy.
• Argentina Retail Cosmetics market had a market share of USD 2650.08 million in 2024 and is projected to grow at a CAGR of 6.8% during the forecast period. The retail cosmetics market in Argentina is likewise remarkable, with a diverse selection of beauty goods accessible to fulfill the needs of Argentine customers.
• Colombia Retail Cosmetics market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 1403.91 million in 2024.
• Peru Retail Cosmetics market is projected to witness growth at a CAGR of 6.1% during the forecast period with a market size of USD 1293.49 million in 2024.
• Chile Retail Cosmetics market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 1135.75 million in 2024.
• The Rest of Latin America Retail Cosmetics market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 2539.66 million in 2024.

Middle East Retail Cosmetics Market Analysis

According to Cognitive Market Research, the global Retail Cosmetics market size was estimated at USD 315485.6 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 6309.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

• The GCC Countries Retail Cosmetics market is projected to witness growth at a CAGR of 7.0% during the forecast period with a market size of USD 2700.56 million in 2024. Retail Cosmetics sales flourish due to the introduction of a wide range of products and rapid technological advancement.
• The Egypt Retail Cosmetics market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of USD 662.52 million in 2024.
• The South Africa Retail Cosmetics market is projected to witness growth at a CAGR of 7.2% during the forecast period, with a market size of USD 996.93 million in 2024. Retail Cosmetics sales flourish in South Africa due to increased demand for skincare products such as face masks and anti-wrinkle creams.
• The Turkey Retail Cosmetics market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 542.64 million in 2024.
• The Nigeria Retail Cosmetics market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 662.52 million in 2024.
• The Rest of MEA Retail Cosmetics market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 744.55 million in 2024.

Retail Cosmetics Market Analysis

How are Segments Performing in the Global Retail Cosmetics Market?

Retail Cosmetics Market Type Segment Analysis

According to Cognitive Market Research, Skin and sun care products will account for a major market share during the projection period. Skin care is an umbrella phrase that encompasses sun care, facial care, body care, and hand care items. Women use skin care products more than men do because they are more conscious about their skin. Manufacturers are currently developing new skin care products employing cutting-edge technologies such as nanogold, nanosome technology, and nano particles. These nanoparticles help to keep the skin looking younger and provide protection against damaging UV rays.

Hair care products are projected to have the greatest CAGR. The hair care segment of cosmetics items has achieved a steady growth phase. Hair care products remain a dynamic factor due to their frequent use by both men and women. Rising customer preference for hairstyles at spas and salons drives up demand for hair care products.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Retail Cosmetics Industry. Request a Free Sample PDF!

Retail Cosmetics Market Category Application Segment Analysis

According to Cognitive Market Research, Supermarkets dominated the market in 2024, and this trend is expected to continue during the projected period. Supermarkets are gaining popularity because they offer a wide range of consumer items under one roof, abundant parking, and flexible working hours. Furthermore, urbanization, a growth in the working-class population, and competitive pricing have boosted the appeal of hypermarkets in both developed and emerging markets.

In the Retail Cosmetics Market, the general departmental store sector is seeing a rapid expansion. General departmental stores offer a diverse range of beauty products from various brands to cater to a wide range of customers. These stores offer customers a convenient one-stop shopping experience for a variety of beauty products in one place. The popularity of popular departmental stores is increasing due to their convenient locations, wide variety, and competitive prices, making them a preferred choice for customers looking for a wide range of cosmetic products in one place.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Retail Cosmetics Gender Segment Analysis

Gender Segment Analysis

According to Cognitive Market Research, women dominated the global market in 2024. Women are selecting a broader range of makeup looks, from subtle, imaginative looks to bold, dramatic looks. Brands are becoming increasingly cognizant of the importance of inclusive product ranges that highlight various skin types and tones. Furthermore, there is an increase in skincare products designed expressly for women's difficulties, such as anti-aging, hormonal fluctuations, and specific skincare regimens. Women frequently seek for sustainable and cruelty-free items that align with their ethical and environmental values. Cosmetic companies are adopting a more inclusive strategy to accommodate women's diverse interests and needs.

Men's grooming products are the fastest growing segment in the Retail Cosmetics Market. Due to changing social norms and a growing focus on personal care among men, there has been a significant increase in the demand for skincare, haircare, and grooming products specifically designed for men. Brands are expanding their product offerings to meet the needs of this evolving market stage, offering a diverse selection of items from skincare to fragrance.

• Men
• Women
• Unisex

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.

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