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World - Cosmetics - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

World - Cosmetics - Market Analysis, Forecast, Size, Trends And Insights

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Oct 24, 2023

Top Import Markets for Cosmetics

Cosmetics are a multi-billion dollar industry, and their popularity continues to grow around the world. With an increasing focus on personal care and grooming, the demand for cosmetics has skyrocketed, leading to a flourishing import market. In this article, we will explore the top import markets for cosmetics, backed by data from the IndexBox market intelligence platform.

1. China

China tops the list as the world's largest import market for cosmetics, with an import value of $18.0 billion in 2022. The huge population and rising disposable income levels have propelled the demand for cosmetics in China. Additionally, the growing awareness about beauty and personal care products has fueled the import market even further.

2. Hong Kong SAR

Hong Kong SAR follows closely behind, with an import value of $6.2 billion in 2022. The region has established itself as a key global trading hub, attracting international players in the cosmetics industry. Its strategic geographical location and business-friendly policies make it an ideal market for cosmetics imports.

3. United States

The United States is not only a major consumer of cosmetics but also a significant importer, with an import value of $6.1 billion in 2022. The country is home to several renowned beauty brands, but it also relies on imports to satisfy the diverse needs and preferences of its consumers. The import market in the United States offers immense opportunities for cosmetics manufacturers worldwide.

4. Singapore

Singapore emerges as another significant import market for cosmetics, with an import value of $3.1 billion in 2022. The country's cosmopolitan culture and strong focus on personal grooming make it a lucrative market for cosmetics imports. Singapore's well-developed retail sector and affluent consumer base contribute to the growth of the import market.

5. Germany

Germany holds a prominent position in the import market for cosmetics, with an import value of $2.6 billion in 2022. The country's strong economy and high purchasing power have boosted the demand for cosmetics. Germany is known for its strict quality standards, making it an attractive market for premium beauty and skincare products.

6. Macao SAR

Macao SAR, a special administrative region of China, has an import value of $2.4 billion in 2022. The region's vibrant tourism industry and luxury retail scene drive the demand for cosmetics imports. Macao SAR's proximity to mainland China also serves as an advantage, allowing easy access to the vast Chinese consumer market.

7. United Kingdom

The United Kingdom is a key player in the cosmetics import market, with an import value of $2.3 billion in 2022. Despite being a relatively small country, the UK has a strong influence on global beauty trends. The import market in the UK caters to the diverse preferences of its cosmopolitan population.

8. France

France, renowned for its luxury cosmetics and skincare brands, has an import value of $2.0 billion in 2022. The country's rich beauty heritage and emphasis on quality make it a preferred destination for cosmetics imports. France's market offers opportunities for both established and emerging beauty brands.

9. Netherlands

The Netherlands has emerged as a significant import market for cosmetics, with an import value of $2.0 billion in 2022. The country's strategic location and well-developed logistics infrastructure contribute to its prominence as a cosmetics hub. The Netherlands serves as a gateway to European markets, attracting global cosmetics manufacturers.

10. Canada

Canada concludes the list of the world's top import markets for cosmetics, with an import value of $1.8 billion in 2022. The country's multicultural population and evolving beauty trends create a lucrative market for cosmetics imports. Canadian consumers show a growing preference for natural and organic beauty products.

Conclusion

The import market for cosmetics continues to expand as beauty and personal care gain prominence worldwide. The top import markets discussed in this article offer immense opportunities for cosmetics manufacturers and exporters. Whether it's the vast consumer base in China, the strategic location of Hong Kong SAR, or the diversity of preferences in the United States, each market presents its own advantages and challenges. The data from the IndexBox market intelligence platform highlights the significance of these markets and showcases their potential for growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global cosmetics market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20421250 - Lip make-up preparations
  • Prodcom 20421270 - Eye make-up preparations
  • Prodcom 20421300 - Manicure or pedicure preparations
  • Prodcom 20421400 - Powders, whether or not compressed, for cosmetic use (including talcum powder)
  • Prodcom 20421500 - Beauty, make-up and skin care preparations including suntan (excluding medicaments, lip and eye make-up, manicure and pedicure preparations, powders for cosmetic use and talcum powder)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

L'Oréal, Unilever, Procter and Gamble, Shiseido, Estée Lauder Cos., Coty, Beiersdorf, Johnson & Johnson, AmorePacific, Kao, LVMH, L Brands, Avon, Henkel, Mary Kay, Colgate-Palmolive, Chanel, Natura, Revlon, Kose

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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