Cosmetic - Market Values and its Importance Among Human Race

Abstract

Recent globalization has made each and every field to enter the globalization along with the cosmetic industry. Use of cosmetic product has evolved at a very higher rate and is continuing to show the rapid growth. The cosmetics are heading towards more of the vegan, cruelty-free etc. products as awareness of the ingredients and the way the products are made has evolved among the customers. Due to increasing environmental pollution and its effects on human beings, the disturbance is affecting our human skin also. The environmental disturbance is leading to different types of skin issues like dryness, rashes, white spots etc. Regarding this issue, research in many fields of the cosmetic is being conducted. The cosmetics produces are now vegan free, cruelty free contains organic ingredients and are helping people having healthy, anti-aging and smooth skin with the use of these organic products and is aiming towards the sustainable usage organic ingredients are being used and is leading towards many research opportunities many factors are keeping in mind to produce organic based skincare and makeup products All these factors are contributing towards the change in market size, trends and shares. This paper focus mainly on the cosmetic and its market value and it’s effect on trends and shares among the companies and market at a national and global level.