Market Outlook 16 minutes PremiumSector Overview: Beauty Brands and Retailers — Global Companies are Innovating with Independent Brands to Expand Portfolios Coresight Research February 14, 2019 Executive SummaryEach of our Sector Overview reports provides an essential briefing on a sector or market. This report reviews beauty brands and retailers. The $133-billion global skincare market is the largest beauty category, comprising 29% of the global market in 2018. The skincare category is expected to grow at a 5% compound annual growth rate (CAGR) until 2022. We expect beauty brands and retailers to launch even more new product formulations such as dermocosmetics and products containing CBD oil. L’Oréal is the global beauty brand leader with 9.7% of the beauty and personal skincare market – the largest of any brand. Procter & Gamble holds second position with 7.9%, and Unilever is third at 7.8%. The top three companies together hold 25.4% of global market share, and the top 10 companies collectively hold 44.9% of the global market. The two beauty categories expected to see the greatest global growth are color cosmetics, expected to grow at a CAGR of 6% to 2022, and baby and child-specific products, growing at a 7% CAGR to 2022. The demand for beauty products in China remains high. Alibaba’s Tmall is teaming up with retailers and brands to bring more beauty products onto its platform. The beauty landscape continues to evolve: Large companies are looking to bolster innovation from independent brands through accelerators, incubators, acquisitions, expanded platforms and technology adoption. Independent brands are moving from online to offline. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Market Navigator: UK Retail, Including E-Commerce—Consumer Constraints To Fuel Multi-Year Discounter GrowthAnalyst Corner—AgeTech: Revolutionizing Aging in the US with Madhav PitaliyaRetail-Tech Landscape: Drones in RetailCGI and 3D Product Imagery: The Future of Visual Merchandising in E-Commerce