Canada Cosmetics Products Market- Growth, Trends, and Forecast (2020 - 2025)

Canada Cosmetics Product Market is segmented by Product Type (Face Cosmetics, Eye Cosmetics, Lip Cosmetics, Hair styling and coloring products), By Distribution Channel (Supermarkets/Hypermarkets, Beauty Salons, Specialist Retailers, Online Retail, Other Distribution Channel).

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

CAGR:

6.45 %

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Market Overview

Canada Cosmetics Product Market is projected to register a CAGR of 6.45% during the forecast period 2020-2025.

  • This was driven by the consumer attitude, that the cosmetics products they use improve their quality of life, in terms of looks. This extended across every age group and is particularly strong among women in Brazil.
  • The growing demand for anti-aging products and innovative and eco- friendly packaging designs are attributing the market growth in the country. The online retail channels are also influencing sales of cosmetics in the country.

Scope of the report

Canada Cosmetics Product Market is segmented by product type and distribution channel. On the basis of product type, the market is segmented into Face Cosmetics, Eye Cosmetics, Lip Cosmetics, Hairstyling and coloring products. On the basis of the distribution channels, the market is segmented into Supermarkets/Hypermarkets, Beauty Salons, Specialist Retailers, Online Retail, Other Distribution channels.

By Product Type
Face Cosmetics
Eye Cosmetics
Lip Cosmetics
Hair styling and coloring products
By Category
Premium
Mass Merchandiser
By Distribution Channel
Supermarkets/Hypermarkets
Beauty Salons
Specialist Retailers
Online Retail
Other Distribution Channel

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Key Market Trends

Innovation in Packing and Design Have Contributed to the Growth of Cosmetic Products in the Region

Consumer demand for enhanced functionality and eco-friendliness in cosmetic design is resulting in exciting innovations in the packaging and design of cosmetics products. Manufacturers are offering a wide variety of innovative choices and creative technologies to serve the market. Various big companies are showing innovative changes in packaging and design. For instance, Procter & Gamble recently announced a major shift to the plant-derived packaging for some of its leading global cosmetic brands and is using sugarcane-derived plastic from Brazil’s Braskem. In addition, L’Oréal recently helped reduce the environmental impact of its packaging by introducing two new assessment tools, namely, Sustainable Packaging Scorecard (SPS) and Packaging Impact Quick Evaluation Tool (PIQET), to its package design process.

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Hair Cosmetics is Projected to Grow at a Significant Growth Rate

Several countries are thriving and predicted to become the fastest-growing regions in beauty and personal care, over the next five years. Owning to high concern for hair care, there is a rise in the demand for specialized products. Hair textures vary from person to person, and so do the hair- and scalp-related issues. Some people might have damaged or dry hair, while others have to deal with breakage and hair fall problems. Not only the younger and dynamic population of the country, but older individuals are also interested in buying products, like hair dyes, hair growth oils, and serums. Those aged over 60 years are generally more interested in quality, how long things last, and value for money, and are unlikely to be rushed into unplanned purchases. Senior consumers are also the most loyal to branded and recognized products.

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Competitive Landscape

The major emerging market players targeting leading brands are making strategic acquisitions of the market leaders, in more mature and sophisticated markets. Acquiring these brands enables diversification and gives these players access to stable cash flows and further growth opportunities. The cosmetic products market witnesses high competition, with the dominance of major global players. Various players are entering the market, to tap the untapped potential of the cosmetic products market. Some of the major players in the Canada cosmetics products market are L’Oréal Group, Beiersdorf AG, The Estée Lauder Companies Inc, Oriflame Cosmetics S.A among others.

Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Face Cosmetics

      2. 5.1.2 Eye Cosmetics

      3. 5.1.3 Lip Cosmetics

      4. 5.1.4 Hair styling and coloring products

    2. 5.2 By Category

      1. 5.2.1 Premium

      2. 5.2.2 Mass Merchandiser

    3. 5.3 By Distribution Channel

      1. 5.3.1 Supermarkets/Hypermarkets

      2. 5.3.2 Beauty Salons

      3. 5.3.3 Specialist Retailers

      4. 5.3.4 Online Retail

      5. 5.3.5 Other Distribution Channel

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Loreal Group

      2. 6.3.2 Beiersdorf AG

      3. 6.3.3 The Estee Lauder Companies Inc.

      4. 6.3.4 Avon Products, Inc.

      5. 6.3.5 Oriflame Cosmetics S.A

      6. 6.3.6 Revlon Inc.

      7. 6.3.7 Shiseido Co.,Ltd

      8. 6.3.8 Yves Rocher

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

** Subject to Availability

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