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2020-09-01
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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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The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Japan Cosmetics Market " along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.
Our Japan Cosmetics market report comprises of the following companies as the key players:
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Key questions answered in this Japan Cosmetics Market Report
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