Monday, October 1, 2012

How much is worldwide cosmetics market worth of?

By Keith Henderson


How much attention we do pay on our looks; firms also concentrate on their money from cosmetics products. Do not giggle mate, it's correct. And that is the reason some companies have dominated the cosmetics market from years. A few years have been passed, but some firms have not slipped even an in. from their places.

In today's article, we will take a look on the global beauty products industry, but this time not from the point or view of a general buyer. This time we will see from the eyes of a financial advisor. Umm, you don't like finance? Me as well. But these numbers are truly so dazzling that you'll love this hypothesis of finance. After all , beauty matters!

Given below are the key segments of this compelling money report:

Worldwide cosmetics market is worth $35 billion, according to a 2010 report. It expanded from a rate of growth of 4% since 2006-2010, and continues to grow. It means that by 2015, it may be worth $42 bill. Face make-up is the swiftest growing segment in this category with a valuation of $12 bln.

According to same study, hair care market was worth $49 bn. in 2010. It was regarded as having a rate of growth of 3.5% between 2006 and 2010. The fastest growing segment was shampoo which was worth $19 billion. According to analysts, by 2015 it may go up to $58 bln.

The worldwide bath and shower market was worth $11 bill in 2010. The speediest growing segment was shower products which had covered about 70% with a value of $7.5 bn.. It was enjoying a growth rate of 3.5% since 2006-2010, implying that this it may go up to $13 bill till 2015.

Now look on the condition of regional markets:

US: The market went a little bit down during the slaughtering times of recession, but quickly picked in 2010 with a rate of growth of 3% and a valuation of $36 bn.. The most valuable and cash generating segments are hair care and skin protection.

Chinese: According to a study report provided by RNCOS, China's cosmetics and toiletries market will get a record growth of 12% until 2014. Major firms like L'Oreal may continue to lead. The most revenue giving portion of the will be skin treatment.

Indian: India's make-up market had a valuation of $9.5 bill during 2010. Online retailing and purchaser awareness has given a quick growth to it.




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