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    Cosmetics Market Size, Growth Insight, Share, Trends, Industry Key Players, Regional Forec

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    The global cosmetic market size is projected to reach USD 438.38 billion by the end of 2026. The increasing demand for clean-labelled products will bode well for the market in the coming years. According to a report published by Fortune Business Insights, titled “Cosmetics Market Size, Share & Industry Analysis, By Category (Hair Care, Skin Care, Makeup, and Others), By Gender (Men and Women), By Distribution Channel (Specialty Stores, Hypermarkets/Supermarkets, Online Channels, and Others), and Regional Forecast, 2019-2026,” the market was worth USD 297.61 billion in 2018 and will exhibit a CAGR of 5.1% during the forecast period.

    An Overview of the Impact of COVID-19 on this Market:
    The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
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    A few of the leading companies that are currently operating in the market include:
    • L’Oréal Professional
    • Unilever
    • Procter & Gamble
    • Estée Lauder Inc.
    • Beiersdorf AG
    • Shiseido Co., Ltd.
    • Coty Inc.
    • Natura & Co.
    • Kao Corporation
    • Johnson & Johnson Services, Inc.
    Cosmetics are products that are used to enhance the aesthetics and visual appearance of the body. The emphasis on the use of skin friendly products has come as a welcome opportunity to standout in the fragmented cosmetics market. The massive global demand for cosmetics has shaped up the structure of the market. The presence of several large scale companies and the subsequently rising investments in the R&D of skin-friendly cosmetics will bode well for the market in the coming years. Moreover, variations in product offerings have played a huge role in the growth of the market in recent years. The adoption of healthy and visually appealing lifestyle will l