Global Children’s Cosmetics Market is Expected to Be Valued at USD 1,795.15 Million by 2026, registering a CAGR of 6.79% During the Forecast Period.
The increasing demand for cosmetics from children, coupled with their increasing awareness among children through social media websites, are the key drivers boosting the growth of the global children’s cosmetics market. However, the increasing awareness regarding toxic ingredients in cosmetics is anticipated to hamper the growth of the children’s cosmetics market during the forecast period. The proliferation of organized retail stores in emerging economies is expected to propel the children’s cosmetics market in the coming years. Europe held the largest share of the global market in 2019, owing to the rising acceptance for children’s cosmetics among consumers in the region. Additionally, continuous product development is a significant factor leading to the high demand for children’s cosmetics in Europe. The dominance of beauty products is another key factor responsible for the growth of the children’s cosmetics market in Europe. North America was the second-largest market for children’s cosmetics across the globe.
Market Research Future recognizes L’ORÉAL S.A. (France), Little Cosmetics (US), Klee Naturals (US), Townley, Inc. (US), Puttisu-USA (US), Nanjing Miss Beauty Cosmetics Co., Ltd. (China), Candy Color Cosmetics (China), and Foshan Akia Cosmetics Co., Ltd. (China) as the Key Players in the Global Children’s Cosmetics Market.
Global Children’s Cosmetics Market has been segmented based on Product Type, Category, Distribution Channel, and Region. By product type, the market has been divided into face products, eye products, lip products, beauty kits, and others. The others segment includes products such as nail polish, body glitter, hair chalks, and makeup removers. Face products include foundations, blushes, and others. Eye products include eyeshadows, eyeliners, and mascaras. Lip products include lipsticks, lip balms, and lip glosses. According to the report, the beauty kits segment dominated the global children’s cosmetics market with a share of approximately 50.08% in 2019. The growth of the segment can be attributed to the rising demand for beauty kits. By category, the conventional products segment dominated the children’s cosmetics market with a market share of 66.77% in 2019. However, the organic and natural products segment is expected to record a CAGR of 7.45% during the forecast period. By distribution channel, the global market is segmented into store-based and non-store-based. The store-based segment is further segregated into supermarkets & hypermarkets, specialty stores, and others. The store-based channels segment dominates the sales of children’s cosmetics worldwide. The availability of various retail outlets for the sale of children’s cosmetics through supermarkets & hypermarkets and specialty stores has resulted in the dominance of store-based channels, which are anticipated to remain dominant during the review period.
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Geographically, the global children’s cosmetics market has been categorized as North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, Europe dominated the market, accounting for the largest share in 2019. North America held the second-largest market share in 2019. However, Asia-Pacific is projected to register the highest CAGR of 7.15% during the forecast period.
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