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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.
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Amid the COVID-19 crisis, the global market for Mineral Cosmetics estimated at US$3.1 Billion in the year 2020, is projected to reach a revised size of US$4.4 Billion by 2027, growing at a CAGR of 5.1% over the analysis period 2020-2027.
Face, one of the segments analyzed in the report, is projected to record a 5% CAGR and reach US$1.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Lip segment is readjusted to a revised 5.3% CAGR for the next 7-year period.
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ResearchAndMarkets.com s offering.
Amid the COVID-19 crisis, the global market for Mineral Cosmetics estimated at US$3.1 Billion in the year 2020, is projected to reach a revised size of US$4.4 Billion by 2027, growing at a CAGR of 5.1% over the analysis period 2020-2027.
Face, one of the segments analyzed in the report, is projected to record a 5% CAGR and reach US$1.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Lip segment is readjusted to a revised 5.3% CAGR for the next 7-year period.
Mineral Cosmetics Market Key Players ,Industry Share ,Growth, And Forecast To 2025: Grand View Research Inc. comunicati.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comunicati.net Daily Mail and Mail on Sunday newspapers.