Children’s Cosmetics Market Analysis, Share, Growth Rate, Trends, Analysis, Future Scope, Forecast To 2027
Market Scope
The global Children’s
Cosmetics Market Analysis is estimated to register a CAGR of 6.79% to reach a
staggering value of USD 1,795.15 million in value by 2026. The large value can
be attributed to the large disposable income allocated for children by their
parents. Awareness of cosmetics and their subsequent use by children can bode
well for the market. Marketing campaigns by cosmetic manufacturers implying the
use of natural ingredients, variety of colors, new package designs, and
economical prices can attract consumers and bolster market demand.
Presence of social media sites and influencers on
these sites advocating its safe use and consumption of digital content by children
due to easy access to electronic devices can drive the market sales over the
forecast period. Entry of startups into the marketspace are giving the market a
level playing field and lowering prices as a result.
However, the presence of asbestos fibers in
children’s cosmetics can restrain the market.
Key
Players
Klee Naturals, Little Cosmetics, Nanjing Miss Beauty
Cosmetics Co., Ltd., Candy Color Cosmetics, Townley, Inc., L’ORÉAL S.A.,
Puttisu-USA, and Foshan Akia Cosmetics Co., Ltd. are key players of the global Children’s
Cosmetics Market Analysis.
Market Segmentation:
By product type, the market has been segmented into beauty kits, lip
products, face products, eye products, and others. The ‘others’ segment
includes body glitter, hair chalks, nail polish, and makeup removers. Face
products comprise blushes, foundations, and others. Eye products include
mascaras, eyeshadows, and eyeliners. Lip products are further segmented into
lip glosses, lipsticks, and lip balms. Among products, the beauty kits segment
dominated the global Children’s Cosmetics Market Analysis with a market share
of approximately 50.08% in 2019. The dominance of the segment is due to the
increasing demand for beauty kits.
By category, the conventional products segment dominated the Children’s
Cosmetics Market Analysis 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. This can be attributed to the products marketed at
tweens and impressionable effort of online Ads.
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Regional
Analysis
Geographically, the global Children’s
Cosmetics Market Analysis has been categorized as North America, Europe, Asia
Pacific (APAC), and Rest-of-the-World (RoW).
Europe had dominated the global market
accounting for the largest share in 2019. Germany dominated the European
market, followed by the UK and France. The large amount of pocket money given
to preschoolers and tweens can influence the penetration of the Children’s
Cosmetics Market Analysis. This can be attributed to easy access to the
Internet and online presence of children aged 10 and older.
North America held the second-largest
share in the global market in 2019, wherein the US was the largest
country-level market, which is projected to remain dominant during the forecast
period.
Asia-Pacific is projected to register the
highest CAGR of 7.15% during the forecast period. This can be attributed to the
large consumer base in the region, especially in China and India. Marketing of
products such as perfumes for generation Alpha are likely to culminate in high
returns for the global Children’s Cosmetics Market Analysis till 2026.
Establishment of beauty salons for children as exemplified by Shiseido owing to
purchase of beauty and skincare products and huge purchasing power can
positively impact the market.
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and its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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