The global cosmetics market growth will exhibit a CAGR of 5.1% and reach USD 438.38 billion by 2026. The forecast period is set from 2020 to 2026, and the market value as per 2018 was USD 297.61 billion.
Fortune Business Insights™ published a premium research report 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, offers a detailed analysis of the market and throws light on major industry developments.

The Cosmetics Market Drivers and Restraints :
The increasing trend of using sun protection products, night skin repair creams and the use of refreshing fragrances and hair colors, among others, is also expected to boost the product demand. According to the report,’ Organic Beauty and Wellbeing market ‘ Published by the soil Association certification report, in 2018,in the U.K , Organic personal care market witnessed a growth rate of 7% in 2018. The rising awareness Regarding side Effects of Cosmetic products and Increasing Access to Cosmetic Surgical options is Expected to Hamper Cosmetics market growth.
List of Significant Manufacturers in Cosmetics Market are:

• L’Oréal Professional
• Unilever
• Procter & Gamble
• Estée Lauder Inc.
• Beiersdorf AG
• Shiseido Co., Ltd.
• Coty Inc.
• Natura & Co.
• Kao Corporation
• Johnson & Johnson Services, Inc.

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Some of the key industry developments in the Cosmetics Market Include:

February 2020: Romer LLC announced the launch of a new skin care brand. The company plans to offer clean and eco-friendly products in the U.S.