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Israel Cosmetics Product Market is segmented by Product Type (Color Cosmetics and Hair Styling and Coloring Products); and By Distribution Channel (Hypermarkets/supermarkets, Specialty Stores, Pharmacy and Drug Stores, Online Retail Stores and Other Distribution Channels).
Israel Cosmetics Products Market is projected to grow at a CAGR of 4.21% during the forecast period 2020 - 2025.
Israel Cosmetics Product Market is segmented by product type, category, and distribution channel. On the basis of product type, the market is segmented into Color Cosmetics and Hair Styling and Coloring Products. On the basis of the distribution channels, the market is segmented into Hypermarkets/supermarkets, Specialty Stores, Pharmacy and Drug Stores, Online Retail Stores and Other Distribution Channels.
|By Product Type|
|Hair Styling and Coloring Products|
|By Distribution Channel|
|Pharmacy and Drug Stores|
|Online Retail Stores|
|Other Distribution Channels|
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The cruelty-free (no animal testing), vegetarian (no byproducts of animal slaughter), and vegan (no animal ingredients at all) beauty market has exploded in recent years globally and has been finding its space in the Indian market too. Moreover, with the advancement of vegan products in the country, Israeli consumers are paying extra attention to not only a particular shade of lipstick that suits them but also about how the lipstick is made. Animal-free alternatives may lead companies to produce lab-grown human skin samples for testing cosmetic products. The ability to create samples on demand not only reduces costs but also increases the accuracy of results. Advancements in techniques mean that samples can be used to replicate different skin ages and colors. The increasing demand for vegan cosmetics among the millennials and technological advancements are driving the growth of the market studied.
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Owing to high consumer demand major supermarkets are expanding the range of cosmetics representing a diversity of the products. The growth observed in the supermarket segment was led by the appeal it causes to boomers seeking for safe exploration of various cosmetic products formulated with innovative technology and packaging. The trend of bulk shopping is increasing due to the increased income and busy lifestyles of the consumers. Selling the products through supermarkets signifies the transaction building strategy of the seller as it leads to increased impulse purchases of the consumer.
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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. Key players of the market are Pharma Cosmetics Laboratories Ltd, Olea Essence, LOreal S.A., Estee Lauder Companies Inc among others.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Color Cosmetics
22.214.171.124 Facial Make-Up Products
126.96.36.199 Eye Make-Up Products
188.8.131.52 Lip and Nail Make-up Products
5.1.2 Hair Styling and Coloring Products
5.2 By Distribution Channel
5.2.2 Specialty Stores
5.2.3 Pharmacy and Drug Stores
5.2.4 Online Retail Stores
5.2.5 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
6.1 Most Active Companies
6.2 Most Adopted Strategies
6.3 Market Position Analysis
6.4 Company Profiles
6.4.1 Moraz Medical Herbs
6.4.2 Pharma Cosmetics Laboratories Ltd
6.4.4 Olea Essence
6.4.5 LOreal S.A.
6.4.6 Estee Lauder Companies Inc
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability