World Cosmetics - Market Opportunities and Forecasts, 2014 -
Cosmetics (makeup or beauty products) is a mixture of chemical compounds, which are generally used to enhance the appearance or odour of the human body. Sun care, skin care, hair care, toiletries and deodorants, makeup and colour cosmetics, and fragrances are some of the cosmetics products that are predominantly used by individuals. Retail stores and online portals are some of the sources from where customers can buy these products. Over the past decade, the market for global cosmetics, has witnessed a steady growth. There is a considerable rise in disposable incomes over the past decade. Following the global financial crisis during 2008-2010, the global cosmetics market is recovering at a steady pace. The growth in global economies largely encourages the growth of the market for global cosmetics.
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