Published on September 21, 2015
Global cosmetic and personal cosmetic market is growing with a very rapid velocity. The color cosmetic market is anticipated to go positive in the coming five years. It is likely to reach around USD 77.7 billion till the end of 2020.
As per the report near term demand outlook for cosmetic products will be very positive in India. Demand for face make-up and nail products will improve the market in upcoming time.
As per the source in Asia pacific the color cosmetic market is anticipated to up by more than 20% till the end of 2020 owing to increasing awareness and changing lifestyle. The cosmetic industry is a very lucrative, innovative, and fast paced industry where product innovation is the key to success.
Organic personal care products have been expensive for manufacturers to produce, which gets passed to consumers in the form of high price tags. Recently market players are working with enhanced technologies for organic personal care products which will win the customers attention and heighten the market intensification.
