Canada Cosmetic Products Market

Canada Cosmetic Products Market by Products (Face Cosmetics, Eye Cosmetics, Lip Cosmetics, and Nail Cosmetics), Categories (Mass and Premium), Distribution Channels (Supermarkets/Hypermarkets, Specialist Retailers, Online Retail, and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021–2028

  • Report ID: CG-1082
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 2
  • No. Of Pages: 176
  • Format:
  • Pub. Date: Upcoming
  • Share:

The Canada cosmetic product market size is projected to expand at a CAGR of 6.45% during the forecast period, 2021-2028. The growth of the market is attributed to the growing fashion and film industry in the country.

Cosmetics are products that are commonly used to maintain or enhance the external appearance of the human body. Cosmetic products include make-up, skincare, fragrance, hair and manicure products.

Canada Cosmetic Products Market Key Takeaways

The market was negatively impacted by the COVID-19 in 2020 and is expected to decline by around 3% during the forecast period. The restriction to step out of the house for socializing declining the sales of cosmetics products. Moreover, the closure of non-essential stores had decreased the demand for cosmetic products in the country.

Market Drivers, Restraints, Trends, and Opportunities

  • Increasing demand for natural and organic and cruelty free cosmetic products and innovative and eco-friendly packaging designs are expected to drive the market during the forecast period.
  • The COVID-19 pandemic had mitigated the movement of people outside the house owing to closedown of restaurants or resorts. This, in turn, had tanked the sales of cosmetic products in the country. However, the relaxation in the restrictions is expected to boost the market growth.
  • Rising disposable income has increased the purchase of premium functional products in the country, which is projected to drive the market during the forecast period.

Scope of the Report

The report on the Canada Cosmetic Products Market includes an assessment of the market, trends, segments and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Cosmetic Products Market - Canada Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Products (Face Cosmetics, Eye Cosmetics, Lip Cosmetics, and Nail Cosmetics), Categories (Mass and Premium) and Distribution Channels (Supermarkets/Hypermarkets, Specialist Retailers, Online Retail, and Others)

Geographic Zone

Canada

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

L'Oréal S.A., The Estée Lauder Companies, Coty Inc., Groupe Marcelle Inc., and Revlon, Inc.


Canadian Cosmetic Products Market Segment Insights

Face cosmetics segment to account a major market share
Based on products, the market is classified as face cosmetics, eye cosmetics, lip cosmetics, and nail cosmetics. The face cosmetics segment is projected to account for a major market share during the forecasted period. This is owing to the rising use of a wide range of face cosmetics products in the fashion, movie, and show industries. On the other hand, the rising purchasing power is further boosting the growth of the market segment.

Canada Cosmetic Products Market By Products

Premium cosmetics segment to grow at a significant Rate
Based on category, the market is divided as mass and premium. The premium cosmetics segment is projected to grow at a significant rate during the forecast period. The per capita disposable income of the population has increased over the past five years, which in turn, has increased the consumer spending. This has led to an increased demand for premium cosmetics. This trend is attributed to rising consumer concern over the health effects due to the usage of low-quality cosmetic products, which has grown the demand for premium products.

Canada Cosmetic Products Market By Categories

Specialist Retailers segment to account a considerable market share
Based on distribution channels, the market is segregated as supermarkets/hypermarkets, specialist retailers, online retail, and others. The specialist retailers segment is projected to account for a considerable market share during the forecast period. The segment growth is attributed to the high demand for cosmetic products from brand specific specialist retailers.

The online retail segment is anticipated to exhibit a high CAGR during the forecast period. Rising e-commerce activity owing to close down of retail stores due to the government norms, easy availability of preferred brand online, and discounts offered is driving the growth of the market segment.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cosmetic Products Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cosmetic Products Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cosmetic Products Market - Supply Chain
  4.5. Global Cosmetic Products Market Forecast
     4.5.1. Cosmetic Products Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cosmetic Products Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cosmetic Products Market Absolute $ Opportunity
5. Global Cosmetic Products Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Cosmetic Products Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Cosmetic Products Demand Share Forecast, 2019-2026
6. North America Cosmetic Products Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Cosmetic Products Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Cosmetic Products Demand Share Forecast, 2019-2026
7. Latin America Cosmetic Products Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Cosmetic Products Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Cosmetic Products Demand Share Forecast, 2019-2026
8. Europe Cosmetic Products Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Cosmetic Products Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Cosmetic Products Demand Share Forecast, 2019-2026
9. Asia Pacific Cosmetic Products Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Cosmetic Products Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Cosmetic Products Demand Share Forecast, 2019-2026
10. Middle East & Africa Cosmetic Products Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Cosmetic Products Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Cosmetic Products Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Cosmetic Products Market: Market Share Analysis
  11.2. Cosmetic Products Distributors and Customers
  11.3. Cosmetic Products Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. L'Oréal S.A.
     11.4.2. The Estée Lauder Companies
     11.4.3. Coty Inc.
     11.4.4. Groupe Marcelle Inc.
     11.4.5. Revlon, Inc.
Segments Covered in the Report
The Canada cosmetic products market has been segmented on the basis of:

Products
  • Face Cosmetics
  • Eye Cosmetics
  • Lip Cosmetics
  • Nail Cosmetics
Categories
  • Mass
  • Premium
Distribution Channels
  • Supermarkets/Hypermarkets
  • Specialist Retailers
  • Online Retail
  • Others
Country
  • Canada
Key Players
  • L'Oréal S.A.
  • The Estée Lauder Companies
  • Coty Inc.
  • Groupe Marcelle Inc.
  • Revlon, Inc.

Some of the major players in the market are L'Oréal S.A., The Estée Lauder Companies, Coty Inc., Groupe Marcelle Inc., Revlon, Inc.

The major industry players are making strategic acquisitions of the emerging leaders to expand their market share. Acquiring these brands enables diversification and gives these players access to stable cash flows and further growth opportunities.

The cosmetic products market is highly competitive with major global players dominating it. Many different players are entering the market to tap the untapped potential of the cosmetic products market in the country. Thus, they’re providing bio-based cosmetic products to leverage their market position.

Canada Cosmetic Products Market By Key Players

Buy Report