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市場調查報告書
商品編碼
2101581

2026 年至 2035 年化妝品和美容市場的商業機會、成長要素、產業趨勢分析和預測。

Cosmetics and Beauty Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2026 - 2035
出版日期: | 出版商: Global Market Insights Inc. | 英文 220 Pages | 商品交期: 2-3個工作天內

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簡介目錄

全球化妝品和美容市場預計到 2025 年將達到 1 兆美元，年複合成長率為 4.1%，到 2035 年將達到 1.5 兆美元。

化妝品和美容市場-IMG1

隨著消費者越來越重視成分透明度、個人健康和高階自我護理產品，化妝品和美容市場持續擴張。消費者對產品成分、安全性和永續性的日益關注，促使製造商開發出既能滿足不斷變化的消費者期望，又能提升品牌信譽的配方。數位商務的快速發展，加上消費者購買行為的改變，使品牌能夠觸及更廣泛的消費群體，並透過多種分銷管道提高產品供應。同時，隨著其他人群的需求成長，市場正在突破傳統消費群體的限制，為產品多樣化和創新創造了新的機會。對行銷宣傳和產品標籤日益嚴格的審查也促使企業遵守相關法規，提高成分來源和環保措施的透明度。未能充分檢驗其產品宣傳的企業將面臨更大的聲譽和監管風險。此外，能源價格波動、地緣政治不確定性和農業產量持續影響原料供應和生產成本，對製造業造成週期性的價格壓力，進一步凸顯了化妝品和美容市場對高效供應鏈管理的需求。

市場範圍
開始年份 2025
預測期 2026-2035
上市時的市場規模 1兆美元
預測金額 1.5兆美元
複合年成長率 4.1%

預計到2025年，合成原料市佔率將達到51.8%，市場規模將達到5,288億美元，並預計在2026年至2035年間以3.8%的複合年成長率成長。合成原料憑藉其配方性能穩定、生產效率高、產品穩定性可靠以及大規模生產成本效益高等優勢，持續保持主導地位。這些特性使得合成原料成為大規模生產個人護理和美容產品的關鍵要素，使製造商能夠在確保品質標準的同時，實現全球市場的廣泛商業性供應。

預計到2025年，男性消費市場將達到22.5%的市佔率和2,297億美元的市場規模，並在2035年之前以4.4%的複合年成長率持續成長。男性對個人護理、護膚和美容的接受度不斷提高，並持續重塑全球市場的消費需求。個人護理需求的成長、產品供應的增加以及品牌對男性解決方案的日益重視，都推動了該消費群體支出的成長。此外，各公司正在提供種類繁多的、符合男性偏好的產品，這不僅支持了市場的持續擴張，也增強了在這個快速變化的客戶群中的成長機會。

預計到2025年，北美化妝品和美容市場將佔據29.3%的市場佔有率，市場規模將達到2,991億美元。美國仍然是該地區最大的國內市場，這得益於消費者在美容和個人保健產品上的高支出、成熟的零售環境以及多個產品類型的強勁需求。零售店的廣泛覆蓋、持續的產品創新以及實體店和線上購物管道的蓬勃發展，進一步鞏固了該地區在全球化妝品和美容市場的主導地位。

目錄

第1章：調查方法和範圍

第2章執行摘要

第3章 行業洞察

  • 產業生態系分析
    • 植物性原料供應商及採購
    • 原料加工商和萃取物生產商
    • 利潤率
    • 每個階段增加的價值
    • 影響價值鏈的因素
  • 影響產業的因素
    • 促進因素
      • 消費者對天然、有機、純淨美容產品的需求日益成長。
      • 韓妝的全球擴張及其文化影響
      • 護膚和護髮市場的優質化和升級
    • 產業潛在風險與挑戰
      • 「綠色清洗」的風險與消費者日益成長的懷疑態度
      • 原物料價格波動與供應鏈中斷
    • 機會
      • 市場擴張
      • 清潔美容在各地區的擴張趨勢
  • 成長潛力分析
  • 未來市場趨勢
  • 技術與創新展望
    • 冷壓和蒸汽蒸餾技術
    • 天然活性成分的發酵與生物技術
    • 利用奈米技術和封裝技術提高藥物遞送效率
    • 綠色化學和永續配方開發方法
  • 價格趨勢
    • 對過去價格趨勢的分析
    • 依球員類型分類的定價策略（高級球員、超值球員、成本加成球員）
    • 天然/有機產品與傳統產品比較：按地區和分銷管道分類的價格溢價分析
    • 定價模式－直接面對消費者 (DTC)、批發、量販店
  • 監理情勢
    • 歐盟化妝品法規（EC No. 1223/2009）
    • 北美洲
      • 美國－FDA化妝品法規和2022年化妝品合規法案（MoCRA）要求
      • 加拿大—加拿大衛生署關於化妝品和天然保健品的監管框架
    • 歐洲化妝品法規（EC 1223/2009）和環境聲明指令
    • 亞太地區
      • 中國國家藥品監督管理局關於化妝品進口登記和跨境電子商務的規定
      • 東南亞（SEA）－各國監管趨勢概述（越南、印尼、泰國、菲律賓）
    • 拉丁美洲－中美洲的監理要求
    • 有機和天然認證標準
    • 新的監管趨勢
  • 市場進入分析
  • 供應鏈分析
    • 世界原料來源圖
    • 中美洲作為植物植物來源原料的來源地
    • 區域製造和加工基地
    • 分銷網路結構與物流基礎設施
    • 供應鏈風險和依賴性
  • 貿易統計
    • 按產品類別分類的進出口量和進口額趨勢
    • 主要貿易路線及關稅的影響
    • 美國貿易路線
    • 中國與東南亞跨境貿易流動及其對關稅的影響
  • 人工智慧和生成式人工智慧對市場的影響
    • 利用人工智慧改造現有經營模式
    • 按產品細分市場分類的生成式人工智慧用例和實施藍圖
    • 人工智慧在美容產業的風險、限制和監管考量
  • 目前分銷基礎設施和通路滲透情況
    • 按地區與業態（現代零售與傳統零售）分類的通路覆蓋率
    • 最後一公里基礎設施的差異以及新通路（社群電商、快閃店）的轉變
    • 新參與企業進入大型零售通路的途徑
  • 波特的分析
  • PESTLE分析
  • 消費行為分析
    • 購買模式
    • 偏好分析
    • 不同地區的消費行為差異
    • 電子商務對購買決策的影響

第4章 競爭情勢

  • 介紹
  • 企業市佔率分析
    • 按地區
  • 企業矩陣分析
  • 主要市場公司的競爭分析
  • 競爭定位矩陣
  • 主要進展
    • 併購
    • 夥伴關係和聯盟
    • 新產品發布
    • 業務拓展計劃

第5章 市場估算與預測：依產品類型分類，2022-2035年

  • 護膚
    • 臉部保養
      • 保濕霜
      • 血清
      • 洗面乳
      • 化妝水
      • 治療面膜
    • 眼部護理
      • 眼霜
      • 眼部護理產品
    • 抗衰老皮膚護理產品
  • 護髮
    • 洗髮精和護髮素
    • 頭髮護理和髮膜
    • 造型和定型產品
  • 彩妝
    • 臉部化妝品
    • 眼妝
    • 唇部化妝品
    • 美甲化妝品
  • 身體保養/個人護理
    • 身體乳液、乳霜、保濕霜
    • 浴室和淋浴設備用品
      • 凝膠
      • 肥皂
      • 擦洗
    • 除臭劑和止汗劑
    • 女性用衛生用品
  • 香水及香氛
    • 高級/尊貴香水
    • 大眾市場的香水、身體噴霧和香氛噴霧。
  • 防曬油
    • 臉部防曬油
      • 含防曬係數的保濕霜
      • 臉部防曬油
    • 身體防曬油
  • 口腔護理
    • 牙膏和牙齒美白產品
    • 漱口水和其他口腔衛生用品
  • 男士理容
    • 剃鬚及剃須前、剃須後產品
    • 男士護膚
    • 男士頭髮護理與造型
  • 嬰兒和兒童的個人護理
    • 嬰兒護膚和身體保養
    • 嬰兒頭髮護理和沐浴產品
  • 專業美容服務
    • 水療和健康服務
    • 美髮沙龍
    • 美甲沙龍
    • 美容診所及美容治療
    • 化妝和造型服務

第6章 市場估計與預測：依成分類型分類，2022-2035年

  • 自然的
  • 準自然
  • 合成

第7章 市場估計與預測：依價格區間分類，2022-2035年

  • 低的
  • 中等的
  • 高的
  • 奢華

第8章 市場估算與預測：依消費群組分類，2022-2035年

  • 男性
  • 女士
  • 孩子們

第9章 市場估價與預測：依通路分類，2022-2035年

  • 線上
    • 電子商務
    • 社群電商
    • 公司網站
  • 離線
    • 專賣店
    • 大型零售商店
    • 藥局/藥局
    • 專業和沙龍頻道
    • 其他（便利商店、旅遊零售、直營）

第10章 市場估價與預測：依地區分類，2022-2035年

  • 北美洲
    • 美國
    • 加拿大
  • 歐洲
    • 德國
    • 英國
    • 法國
    • 義大利
    • 西班牙
  • 亞太地區
    • 中國
    • 日本
    • 印度
    • 澳洲
    • 韓國
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 阿根廷
  • 中東和非洲
    • 南非
    • 沙烏地阿拉伯
    • UAE

第11章：公司簡介

  • 世界公司
    • L'Oreal SA
    • Unilever plc
    • Procter & Gamble
    • 雅詩蘭黛公司
    • Beiersdorf AG
    • Shiseido Company
    • LVMH（Perfumes & Cosmetics）
    • Coty Inc.
    • Puig Brands SA
    • Kenvue Inc.
  • 當地公司
    • Amorepacific Corporation
    • Kao Corporation
    • Natura Cosmeticos SA
    • Grupo Boticario（O Boticario）
    • Shanghai Jahwa United
    • Mandom Corporation
    • Clarins Group
    • elf Beauty, Inc.
  • 新興企業
    • Yatsen Global（Perfect Diary）
    • Proya Cosmetics Co.
    • Kiko Milano SpA
簡介目錄
Product Code: 16193

The Global Cosmetics and Beauty Market was valued at USD 1 trillion in 2025 and is estimated to grow at a CAGR of 4.1% to reach USD 1.5 trillion by 2035.

Cosmetics and Beauty Market - IMG1

The cosmetics and beauty market continues to expand as consumers place greater emphasis on ingredient transparency, personal wellness, and premium self-care products. Growing awareness of product composition, safety, and sustainability is encouraging manufacturers to develop formulations that align with evolving consumer expectations while strengthening brand credibility. The rapid expansion of digital commerce, combined with changing purchasing behavior, is enabling brands to reach broader consumer groups and improve product accessibility across multiple distribution channels. At the same time, the market is expanding beyond its traditional consumer base as demand rises across additional demographic segments, creating new opportunities for product diversification and innovation. Increasing scrutiny of marketing claims and product labeling is also encouraging companies to strengthen regulatory compliance and improve transparency regarding ingredient sourcing and environmental positioning. Businesses that fail to support product claims with appropriate verification face growing reputational and regulatory risks. Meanwhile, fluctuations in energy prices, geopolitical uncertainties, and variations in agricultural output continue to influence raw material availability and production costs, creating periodic pricing pressure across manufacturing operations while reinforcing the need for efficient supply chain management throughout the cosmetics and beauty market.

Market Scope
Start Year2025
Forecast Year2026-2035
Start Value$1 Trillion
Forecast Value$1.5 Trillion
CAGR4.1%

The synthetic segment accounted for 51.8% share in 2025, representing USD 528.8 billion, and is expected to grow at a CAGR of 3.8% during 2026-2035. The segment continues to maintain its leading position because synthetic ingredients offer consistent formulation performance, manufacturing efficiency, reliable product stability, and cost-effective large-scale production. These characteristics make synthetic materials an essential component in the development of high-volume personal care and beauty products, enabling manufacturers to maintain quality standards while supporting broad commercial availability across global markets.

The male consumers segment 22.5% share in 2025, accounting for USD 229.7 billion, and is projected to grow at a CAGR of 4.4% through 2035. Increasing acceptance of men's grooming, skincare, and beauty routines continues to reshape consumer demand across global markets. Growing interest in personal care, expanding product availability, and greater brand focus on male-oriented solutions are encouraging higher spending within this consumer segment. Companies are also introducing a wider range of products tailored to men's preferences, supporting continued market expansion and strengthening growth opportunities across this rapidly evolving customer base.

North America Cosmetics and Beauty Market accounted for 29.3% share in 2025, generating USD 299.1 billion. The United States remains the largest national market in the region, supported by high consumer spending on beauty and personal care products, a mature retail environment, and strong demand across multiple product categories. Broad retail availability, continued product innovation, and the widespread adoption of both physical and digital shopping channels continue to reinforce the region's leading position within the global cosmetics and beauty market.

Major companies operating in the global cosmetics and beauty market include The Estee Lauder Companies (ELC), L'Oreal S.A., Beiersdorf AG, Unilever PLC, and P&G Beauty. Companies operating in the cosmetics and beauty market are strengthening their competitive position by investing in product innovation, expanding clean and premium product portfolios, and developing formulations that address evolving consumer preferences for safety, transparency, and sustainability. Manufacturers continue to allocate significant resources to research and development to improve product performance and introduce differentiated offerings across multiple consumer segments. Businesses are also expanding digital commerce capabilities, strengthening omnichannel distribution networks, and enhancing direct-to-consumer engagement to improve customer reach. Strategic partnerships, portfolio diversification, sustainable sourcing initiatives, advanced manufacturing technologies, and efficient supply chain management remain central to long-term growth strategies.

Table of Contents

Chapter 1 Methodology and Scope

  • 1.1 Market scope and definition
  • 1.2 Research design
    • 1.2.1 Research approach
    • 1.2.2 Data collection methods
  • 1.3 Data mining sources
    • 1.3.1 Global
    • 1.3.2 Regional/Country
  • 1.4 Base estimates and calculations
    • 1.4.1 Base year calculation
    • 1.4.2 Key trends for market estimation
  • 1.5 Primary research and validation
    • 1.5.1 Primary sources
  • 1.6 Forecast model
  • 1.7 Research assumptions and limitations

Chapter 2 Executive Summary

  • 2.1 Industry 360° synopsis
  • 2.2 Key market trends
    • 2.2.1 Regional
    • 2.2.2 Product type
    • 2.2.3 Ingredient type
    • 2.2.4 Price range
    • 2.2.5 Consumer group
    • 2.2.6 Distribution channel

Chapter 3 Industry Insights

  • 3.1 Industry ecosystem analysis
    • 3.1.1 Raw material suppliers & botanical sourcing
    • 3.1.2 Ingredient processors & extract manufacturers
    • 3.1.3 Profit margin
    • 3.1.4 Value addition at each stage
    • 3.1.5 Factor affecting the value chain
  • 3.2 Industry impact forces
    • 3.2.1 Growth drivers
      • 3.2.1.1 Rising demand for natural, organic & clean beauty products
      • 3.2.1.2 K-Beauty global expansion & cultural influence
      • 3.2.1.3 Premiumization & trading-up in skincare & hair care
    • 3.2.2 Industry pitfalls & challenges
      • 3.2.2.1 Greenwashing risks & growing consumer skepticism
      • 3.2.2.2 Raw material price volatility & supply chain disruptions
    • 3.2.3 Opportunities
      • 3.2.3.1 Market expansion
      • 3.2.3.2 Increasing trends of clean beauty in regions
  • 3.3 Growth potential analysis
  • 3.4 Future market trends
  • 3.5 Technology and innovation landscape
    • 3.5.1 Cold pressing & steam distillation technologies
    • 3.5.2 Fermentation & biotechnology in natural actives
    • 3.5.3 Nanotechnology & encapsulation for enhanced delivery
    • 3.5.4 Green chemistry & sustainable formulation methods
  • 3.6 Price trends (driven by primary research)
    • 3.6.1 Historical price trend analysis
    • 3.6.2 Pricing strategy by player type (premium / value / cost-plus)
    • 3.6.3 Natural & Organic vs. Conventional - Price Premium Analysis by Geography & Channel
    • 3.6.4 Pricing Models - DTC vs. Wholesale vs. Mass Retail
  • 3.7 Regulatory landscape
    • 3.7.1 EU Cosmetic Regulation (EC No 1223/2009)
    • 3.7.2 North America
      • 3.7.2.1 United States - FDA Cosmetics Regulations & MoCRA 2022 Requirements
      • 3.7.2.2 Canada - Health Canada Cosmetics Regulations & Natural Health Products Framework
    • 3.7.3 Europe - EU Cosmetics Regulation (EC 1223/2009) & Green Claims Directive
    • 3.7.4 Asia Pacific
      • 3.7.4.1 China - NMPA Cosmetics Import Registration & Cross-Border E-Commerce Rules
      • 3.7.4.2 SEA - Country-Level Regulatory Snapshot (Vietnam, Indonesia, Thailand, Philippines)
    • 3.7.5 Latin America - Central America Regulatory Requirements
    • 3.7.6 Organic & Natural Certification Standards
    • 3.7.7 Emerging Regulatory Trends
  • 3.8 Market entry analysis
  • 3.9 Supply chain analysis
    • 3.9.1 Global raw material origin map
    • 3.9.2 Central America as a botanical ingredient sourcing hub
    • 3.9.3 Manufacturing & processing hubs by region
    • 3.9.4 Distribution network structure & logistics infrastructure
    • 3.9.5 Supply chain risks & dependencies
  • 3.10 Trade statistics (driven by paid database) (HS code - 3304)
    • 3.10.1 Import/Export volume & value trends by product category
    • 3.10.2 Key trade corridors & tariff impact
    • 3.10.3 U.S. trade corridors
    • 3.10.4 China & SEA cross-border trade flows & tariff implications
  • 3.11 Impact of AI & generative AI on the Market
    • 3.11.1 AI-driven disruption of existing business models
    • 3.11.2 GenAI use cases & adoption roadmap by product segment
    • 3.11.3 Risks, limitations & regulatory considerations for AI in beauty
  • 3.12 Distribution infrastructure & channel penetration landscape (driven by primary research)
    • 3.12.1 Channel coverage by region & format (modern vs. traditional trade)
    • 3.12.2 Last-mile infrastructure gaps & emerging channel shifts (social commerce, quick commerce)
    • 3.12.3 Mass retail channel accessibility for new entrants
  • 3.13 Porter's analysis
  • 3.14 PESTEL analysis
  • 3.15 Consumer behavior analysis
    • 3.15.1 Purchasing patterns
    • 3.15.2 Preference analysis
    • 3.15.3 Regional variations in consumer behavior
    • 3.15.4 Impact of e-commerce on buying decisions

Chapter 4 Competitive Landscape, 2025

  • 4.1 Introduction
  • 4.2 Company market share analysis
    • 4.2.1 By region
      • 4.2.1.1 North America
      • 4.2.1.2 Europe
      • 4.2.1.3 Asia Pacific
      • 4.2.1.4 Latin America
      • 4.2.1.5 Middle East and Africa
  • 4.3 Company matrix analysis
  • 4.4 Competitive analysis of major market players
  • 4.5 Competitive positioning matrix
  • 4.6 Key developments
    • 4.6.1 Mergers & acquisitions
    • 4.6.2 Partnerships & collaborations
    • 4.6.3 New product launches
    • 4.6.4 Expansion plans

Chapter 5 Market Estimates and Forecast, By Product Type, 2022 - 2035 (USD Billion) (Million Units)

  • 5.1 Key trends
  • 5.2 Skincare
    • 5.2.1 Face care
      • 5.2.1.1 Moisturizers
      • 5.2.1.2 Serums
      • 5.2.1.3 Cleansers
      • 5.2.1.4 Toners
      • 5.2.1.5 Treatment masks
    • 5.2.2 Eye care
      • 5.2.2.1 Eye creams
      • 5.2.2.2 Under-eye treatments
    • 5.2.3 Anti-aging & dermocosmetics
  • 5.3 Hair care
    • 5.3.1 Shampoo & conditioners
    • 5.3.2 Hair treatments & masks
    • 5.3.3 Styling & finishing products
  • 5.4 Color cosmetics & makeup
    • 5.4.1 Facial cosmetics
    • 5.4.2 Eye cosmetics
    • 5.4.3 Lip cosmetics
    • 5.4.4 Nail cosmetics
  • 5.5 Body care & personal hygiene
    • 5.5.1 Body lotions, creams & moisturizers
    • 5.5.2 Bath & shower products
      • 5.5.2.1 Gels
      • 5.5.2.2 Soaps
      • 5.5.2.3 Scrubs
    • 5.5.3 Deodorants & antiperspirants
    • 5.5.4 Feminine hygiene products
  • 5.6 Fragrances & perfumes
    • 5.6.1 Premium / prestige fragrances
    • 5.6.2 Mass fragrances, body mists & splashes
  • 5.7 Sun care
    • 5.7.1 Face sun care
      • 5.7.1.1 SPF moisturizers
      • 5.7.1.2 Facial sunscreens
    • 5.7.2 Body sun care
  • 5.8 Oral care
    • 5.8.1 Toothpaste & teeth whitening products
    • 5.8.2 Mouthwash & other oral hygiene
  • 5.9 Men's grooming
    • 5.9.1 Shaving & pre/post-shave products
    • 5.9.2 Men's skincare
    • 5.9.3 Men's hair care & styling
  • 5.10 Baby & kids personal care
    • 5.10.1 Baby skincare & body care
    • 5.10.2 Baby hair care & bath products
  • 5.11 Professional beauty services
    • 5.11.1 Spa & wellness services
    • 5.11.2 Hair salons
    • 5.11.3 Nail salons
    • 5.11.4 Beauty clinics & aesthetic treatments
    • 5.11.5 Makeup & styling services

Chapter 6 Market Estimates and Forecast, By Ingredient Type, 2022 - 2035 (USD Billion) (Million Units)

  • 6.1 Key trends
  • 6.2 Natural
  • 6.3 Semi-natural
  • 6.4 Synthetic

Chapter 7 Market Estimates and Forecast, By Price Range, 2022 - 2035 (USD Billion) (Million Units)

  • 7.1 Key trends
  • 7.2 Low
  • 7.3 Medium
  • 7.4 High
  • 7.5 Luxury

Chapter 8 Market Estimates and Forecast, By Consumer Group, 2022 - 2035 (USD Billion) (Million Units)

  • 8.1 Key trends
  • 8.2 Male
  • 8.3 Female
  • 8.4 Kids

Chapter 9 Market Estimates and Forecast, By Distribution Channel, 2022 - 2035 (USD Billion) (Million Units)

  • 9.1 Key trends
  • 9.2 Online
    • 9.2.1 E-commerce
    • 9.2.2 Social commerce
    • 9.2.3 Company websites
  • 9.3 Offline
    • 9.3.1 Specialty stores
    • 9.3.2 Mega retail stores
    • 9.3.3 Pharmacies & drugstores
    • 9.3.4 Professional & salon channels
    • 9.3.5 Others (convenience stores, travel retail, direct sales)

Chapter 10 Market Estimates and Forecast, By Region, 2022 - 2035 (USD Billion) (Million Units)

  • 10.1 Key trends
  • 10.2 North America
    • 10.2.1 U.S.
    • 10.2.2 Canada
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 France
    • 10.3.4 Italy
    • 10.3.5 Spain
  • 10.4 Asia Pacific
    • 10.4.1 China
    • 10.4.2 Japan
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 South Korea
  • 10.5 Latin America
    • 10.5.1 Brazil
    • 10.5.2 Mexico
    • 10.5.3 Argentina
  • 10.6 Middle East and Africa
    • 10.6.1 South Africa
    • 10.6.2 Saudi Arabia
    • 10.6.3 UAE

Chapter 11 Company Profiles

  • 11.1 Global players
    • 11.1.1 L'Oreal S.A.
    • 11.1.2 Unilever plc
    • 11.1.3 Procter & Gamble
    • 11.1.4 Estee Lauder Companies
    • 11.1.5 Beiersdorf AG
    • 11.1.6 Shiseido Company
    • 11.1.7 LVMH (Perfumes & Cosmetics)
    • 11.1.8 Coty Inc.
    • 11.1.9 Puig Brands S.A.
    • 11.1.10 Kenvue Inc.
  • 11.2 Regional Players
    • 11.2.1 Amorepacific Corporation
    • 11.2.2 Kao Corporation
    • 11.2.3 Natura Cosmeticos S.A.
    • 11.2.4 Grupo Boticario (O Boticario)
    • 11.2.5 Shanghai Jahwa United
    • 11.2.6 Mandom Corporation
    • 11.2.7 Clarins Group
    • 11.2.8 e.l.f. Beauty, Inc.
  • 11.3 Emerging brands
    • 11.3.1 Yatsen Global (Perfect Diary)
    • 11.3.2 Proya Cosmetics Co.
    • 11.3.3 Kiko Milano S.p.A.