Surging Focus on Mineral Cosmetic Products and Escalating Disposable Income of the Individuals Are the Substantial Driving Factors of the Mineral Cosmetics Market
Mineral Cosmetics Market Segment Analysis – By Distribution Channel
On the basis of distribution channel, offline segment accounted for the largest segmental revenue of the mineral cosmetics market in 2020 owing to the fact that the majority of consumers still prefer to buy cosmetics from pharmacy chains and health and beauty retailers as these stores allow consumers to verify the quality of products before buying them. Furthermore, an increasing number of supermarkets and hypermarkets in the emerging economies including China, India, Bangladesh, and Brazil have boosted the offline distribution of products over the years. Moreover, manufacturers have been teaming up with regional and local retail chains in order to expand their market reach in each region.