The global cosmetic companies manufacture various beauty care products with a mixture of chemicals. These cosmetic products are widely used by consumers to enhance the appearance or odor of their bodies. The factors that were fueling the growth of the market before the COVID-19 pandemic include the improvements in the current lifestyle, rising disposable income coupled with the growth in concern related to appearance.
Impact of COVID-19 on Global Cosmetic Industry Research and Forecast 2019-2025
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Impact of COVID-19 on Global Cosmetic Industry
Research and Forecast 2019-2025
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2. The global cosmetic companies manufacture various beauty care products with a mixture of chemicals.
These cosmetic products are widely used by consumers to enhance the appearance or odor of their
bodies. The factors that were fueling the growth of the market before the COVID-19 pandemic include
the improvements in the current lifestyle, rising disposable income coupled with the growth in concern
related to appearance. Additionally, the companies are using social media platforms such as Instagram,
YouTube to promote their products and engage more customer base. With the aid of social media
influencer, the companies are showcasing their products on various platforms.
A full report of Global Impact of COVID-19 on Global Cosmetic Industry is available at:
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However, with the outbreak of Covid-19 since January 2020, the market of global cosmetic products has
shown declining results in the growth rate. Due to the lockdown situation going on across the globe
cosmetic manufacturers had to shut down their production units as a result of the labor shortage.
Additionally, numerous cosmetic stores were also shut down as the result of the COVID-19 pandemic.
The global cosmetic industry report is segmented based on product type into skincare, haircare, make-
up, toiletries & perfumes, and oral cosmetics. Almost all the segments of the cosmetic industry have
experienced a similar downfall in sales during the outbreak due to the closing of offline stores at various
locations across the globe.
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Effect of COVID-19 on the cosmetic industry can be observed globally in all the regions including North
America, Europe, Asia Pacific and Rest of the Word. In the US, the lockdown situation is going on for a
long period of time as per the government guidelines. Most of the companies also had to cut down the
workforce or had to send their employee for work from home leading to a decline in production rate.
Additionally, the same downfall of the cosmetic industry was also experienced in the European region.
Also, Italy is known as fashion capital globally had suffered most since most of the fashion shows got
cancelled due to the COVID-19 outbreak. Now, the outbreak has spread in the other parts of the region
also including Spain, Germany, France, and UK which is further expected to decrease the demand for
cosmetic products in the region.
Verticals Affected Most
Skin Care
Hair Care
Make-up
Toiletries & Perfumes
Oral Cosmetics
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Global Impact of COVID-19 on Global Cosmetic Industry– Segment by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
Company Profiles
Amorepacific Group
Avon Products, Inc.
Beiersdorf AG
Chanel S.A.
Coty Inc.
Estee Lauder Companies Inc.
Henkel AG & Co., KGaA
4. Johnson & Johnson
Kao Corp.
L Brands, Inc.
L'Oreal SA
LVMH Moet Hennessy – Louis Vuitton SE
The Procter & Gamble Co.
Shiseido Co. Ltd
Unilever PLC
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
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