The digitalization of the Beauty Market size is projected to reach USD160 Billion units by 2026, growing at a CAGR of 5.4% globally.
Food safety testing refers to the
inspection of food products for disease-causing organisms, chemicals, and other
hazardous materials. It is generally targeted at three primary food
contaminants namely, pathogens, chemicals, and genetically modified organisms (GMOs).
Food fraud is committed when food is deliberately altered for financial gains
with the intention of deceiving consumers. The food standards agency (FSA)
specifies two main types of food fraud namely, sale of food that is unfit and
potentially harmful and deliberate misdescription of food.
Digitalization of Beauty Market report covers a detailed analysis of current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players..
The Major Players In The
Digitalization of Beauty Market Include:
Unilever, Procter & Gamble,
Adimo, Amorepacific Corporation, CFEB Sisley SAS, Elizabeth Arden Inc, Johnson
& Johnson, Lancer Skincare, L’Oreal S.A, Shiseido
Digitalization
has changed consumer behavior. Digitalization in the beauty industry simplifies
the selling process of beauty products. Digital technology in the beauty
industry enables consumers to experience brands through a totally new approach.
The primary objective of the digitalization of the beauty industry is to
provide its products across the globe Beauty industry is the fastest-growing
category under consumer goods, due to digital transformation.
Digitalization has revolutionized the way brands can connect with their customers
through social media and e-commerce. Digitalization creates long-lasting
relationships between brands and their consumers
Market has segmented the global
Digitalization of Beauty market on the basis of type, application, and region:
The Digitalization of Beauty market
is segmented by type and application. Growth between segments over the period
2022-2028 provides accurate calculations and forecasts of revenue by type and
application in terms of volume and value. This analysis can help you expand
your business by targeting eligible niches.
By Type:
Software, Service
By Application:
Beauty Companies, Retail,
E-commerce
By Regional Outlook
(Revenue, USD Billion, 2017 – 2028)
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain,
Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest
of APAC)
- Middle East & Africa (GCC Countries, South Africa,
Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
IMR offers a comprehensive overview
of the market through the analysis of key parameters such as revenue, price,
competition, and promotions, as well as the study, synthesis, and summarization
of data from different sources. It analyzes the leading industry drivers and
shows numerous market components. The information offered is thorough,
dependable, and the result of a comprehensive primary and secondary study. IMR
market research reports offer a comprehensive global market as well as an
in-depth strategic sourcing methodology and analysis based on qualitative and
quantitative research to anticipate market growth.
Covid-19 Impact and Recovery
Analysis on Industry:
The COVID-19 pandemic has had
devastating effects on several industry verticals globally. To constrain the
number of cases and slow the coronavirus spread, various public health
guidelines were implemented in different countries across the globe. COVID-19
protocols ranging from declaring national emergency states, enforcing
stay-at-home orders, closing nonessential business operations and schools,
banning public gatherings, imposing curfews, distributing digital passes, and
allowing police to restrict citizen movements within a country, as well as
closing international borders. With the growing vaccination rate, governments
are uplifting the protocols to give a boost to the stagnant economy. Like other
industries, Digitalization of Beauty Market have experienced slowdown the
growth, however market is expected bounce back as restrictions are being lifted
up by governments across the globe.
Report covered the major key points:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers,
Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 7years, along with 5
years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of
key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned
regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor
Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of
the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
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