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Japan
The Japan cosmetics industry is much older & sophisticated, but it has remained stagnant over the past few years. Recently in 2017 cosmetics market in Japan is witnessed to recover and give competition to rest of the world. Japan is called as sleeping giant of cosmetics industry which has now awaken. The cosmetic market of Japan has maintained an image of authentic, sustainable & eternal due to its rich culture, beauty rituals and their obsession for beauty. Across Japan the consumers are estimated to have highest per capita expenditure on cosmetics & skin care products.
Competition with Korean Cosmetics Industry likely to positively impact cosmetics industry in Japan
Further, Japan cosmetics & beauty market is in direct competition with South Korean cosmetics & beauty industry. The J-Beauty (Japan Beauty) and K-Beauty (Korean Beauty) have high competition on the basis of adoption of new trends, new technologies, manufacturing speed & process, and pricing of the cosmetic products. It is anticipated that over the forecast period the high growth of Japan cosmetics industry & its competition with South Korean cosmetics industry will continue and positively impact the growth of overall cosmetics industry.
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Our Japan Cosmetics market report comprises of the following companies as the key players: SHISEIDO, KOSÉ Corporation, Muji, Kao Corporation, POLA Orbis Holdings Inc., FANCL Corporation, Coach, LVMH, Puig, the Estée Lauder Companies Inc., Ralph Lauren Corporation, L’Oréal, Coty, Revlon, Avon Products, Inc., Hermès, Oriflame, The Procter & Gamble Company, Unilever PLC, GIVI Holding S.p.A., Christian Louboutin S.A., Bottega Veneta, Balmain, Azzaro, Carolina Herrera, Groupe Clarins SA, etc.
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Key questions answered in this Japan Cosmetics Market Report
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