The beauty care products industry comprises establishments primarily engaged in manufacturing beauty products externally applied to enhance the beauty of skin, hair, nails, lips, and eyes. The industry encompasses manufacturers’ segment revenue related to beauty care products. The industry was affected by recession in 2009 but recovered in 2011 as the global economy improved.

Rising consumer incomes and changing lifestyles drive the global beauty care products industry. Revenue in the industry is forecast to reach an estimated $265 billion in 2017 with a CAGR of 3.4% over the next five years (2012-2017), highly influenced by increasing demand in Asia Pacific (APAC) and Europe due to increase in GDP and improving living standard.

As per the study, increased awareness has resulted in higher demand for luxury products, especially cosmetics. Providing quality products at a low cost is a challenge for manufacturers. Skincare, the largest segment, represents good growth prospects during the forecast period. Increased demand for multi-feature products such as moisturizing cream with sun protection and anti-aging or anti-wrinkle properties are likely to drive market growth. Hair care is the second largest segment and indicates good future growth potential. The cosmetics segment also has growth potential as demand is increasing for premium cosmetics in the expanding middle class in developing nations.

Some of the features of this market report are:

– Industry size estimates in terms of (US $) value by regions and segments

– Global beauty care products industry analysis annual trend (2006-2011) and forecast (2012-2017)

– New product launch and merger and acquisition activity in global beauty care products industry analysis

– Quarterly demand trend (Q1 2010-Q4 2011) and forecast analysis (Q1 2012-Q4 2013) for global beauty care products industry analysis

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