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Report
Canada Cosmetic Products Market Report and Forecast 2024-2032
Market Report I 2024-03-27 I 98 Pages I EMR Inc.
Canada Cosmetic Products Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the Canada cosmetic products market size reached a value of USD 1.30 billion in 2023. Aided by an ever-increasing consumer appetite for beauty and personal care products, the market is projected to further grow at a CAGR of 4.3% between 2024 and 2032 to reach a value of USD 1.92 billion by 2032.
Canadian cosmetic products encompass a diverse array of offerings that cater to a wide spectrum of beauty and personal care needs. This includes skincare, makeup, haircare, fragrances, and personal care products. Skincare, being the largest segment, is particularly driven by a growing awareness of skin health and the benefits of using preventive measures against skin issues. Canadian consumers are increasingly leaning towards products that offer more than just aesthetic benefits, seeking items that promise hydration, anti-ageing properties, and sun protection.
A notable factor shaping the Canada cosmetic products market growth is the shift towards natural and organic ingredients. This is largely driven by heightened consumer awareness about the potentially harmful effects of synthetic chemicals on health and the environment. Canadian consumers are demonstrating a strong preference for products formulated with sustainable, cruelty-free, and organic components, pushing brands to innovate and reformulate their product lines to include cleaner, greener options.
Another significant factor contributing to the Canada cosmetic products market expansion is the rise of digital channels as a pivotal marketplace for cosmetics. E-commerce platforms have become a critical avenue for both established brands and emerging indie labels to reach a wider audience. The convenience of online shopping, coupled with the ability to explore a vast array of products from the comfort of home, has led to a surge in online cosmetic sales in Canada. Additionally, social media platforms are playing an essential role in influencing consumer preferences and promoting brand visibility, especially among the younger demographic.
The Canada cosmetic products market is also experiencing a surge in demand for gender-neutral and inclusive beauty products. This reflects a broader societal shift towards inclusivity and the recognition of diverse beauty standards. Brands are increasingly launching products that cater to all skin tones, genders, and ages, fostering a more inclusive beauty culture.
Innovation and technological advancement in product formulation and packaging are further fuelling Canada cosmetic products market share. Canadian companies are at the forefront of adopting new technologies to enhance product efficacy, extend shelf life, and improve the consumer experience. Moreover, sustainable packaging solutions are becoming increasingly popular as brands seek to reduce their environmental footprint, resonating with the eco-conscious Canadian consumer.
Ontario, being the most populous province and home to cosmopolitan cities like Toronto, is a central hub for the cosmetic products market in Canada. As per the Canada cosmetic products market analysis, the region boasts a vibrant retail scene, with a mix of international and local brands vying for consumer attention. The demand in Ontario is marked by a strong preference for luxury and premium cosmetic products, driven by a relatively high disposable income level and a cosmopolitan consumer base that is highly influenced by global beauty trends. Moreover, Ontario's diverse population fuels a demand for a wide range of beauty products catering to different skin tones and types, emphasizing inclusivity and diversity in beauty offerings.
As per the Canada cosmetic products market outlook, Quebec's market is distinct, with a strong emphasis on French beauty brands and products that prioritise natural and organic ingredients. The province's rich cultural heritage and the predominance of the French language influence consumer preferences towards European brands, especially those from France known for their emphasis on skincare.
Market Segmentation
The market can be divided based on product, type, category, gender, distribution channel, and region.
Market Breakup by Product
- Skin Care
- Hair Care
- Makeup
- Fragrance
- Others
Market Breakup by Type
- Natural/Organic
- Conventional
Market Breakup by Category
- Mass
- Premium
Market Breakup by Gender
- Women
- Men
- Unisex
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Speciality Stores
- Convenience Stores
- Online
- Others
Market Breakup by Region
- Northern Canada
- British Columbia
- Alberta
- The Prairies
- Central Canada
- Atlantic Canada
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Canada cosmetic products market. Some of the major players explored in the report by Expert Market Research are as follows:
- L'Oreal S.A.
- Estee Lauder Companies Inc.
- Procter & Gamble Co.
- Unilever Plc
- Coty Inc.
- Revlon, Inc.
- Shiseido Company, Limited
- Beiersdorf AG
- Clarins Group
- Mary Kay Cosmetics Limited
- Nudestix Inc.
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Cosmetic Products Market Overview
8.1 Key Industry Highlights
8.2 North America Cosmetic Products Historical Market (2018-2023)
8.3 North America Cosmetic Products Market Forecast (2024-2032)
8.4 North America Cosmetic Products Market Breakup by Country
8.4.1 United States
8.4.2 Canada
9 Canada Cosmetic Products Market Overview
9.1 Key Industry Highlights
9.2 Canada Cosmetic Products Historical Market (2018-2023)
9.3 Canada Cosmetic Products Market Forecast (2024-2032)
10 Canada Cosmetic Products Market by Product
10.1 Skin Care
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Hair Care
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Makeup
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Fragrance
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Canada Cosmetic Products Market by Type
11.1 Natural/Organic
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Conventional
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Canada Cosmetic Products Market by Category
12.1 Mass
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Premium
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Canada Cosmetic Products Market by Gender
13.1 Women
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Men
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Unisex
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
14 Canada Cosmetic Products Market by Distribution Channel
14.1 Supermarkets and Hypermarkets
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Speciality Stores
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Convenience Stores
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Online
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Others
15 Canada Cosmetic Products Market by Region
15.1 Northern Canada
15.1.1 Historical Trend (2018-2023)
15.1.2 Forecast Trend (2024-2032)
15.2 British Columbia
15.2.1 Historical Trend (2018-2023)
15.2.2 Forecast Trend (2024-2032)
15.3 Alberta
15.3.1 Historical Trend (2018-2023)
15.3.2 Forecast Trend (2024-2032)
15.4 The Prairies
15.4.1 Historical Trend (2018-2023)
15.4.2 Forecast Trend (2024-2032)
15.5 Central Canada
15.5.1 Historical Trend (2018-2023)
15.5.2 Forecast Trend (2024-2032)
15.6 Atlantic Canada
15.6.1 Historical Trend (2018-2023)
15.6.2 Forecast Trend (2024-2032)
16 Market Dynamics
16.1 SWOT Analysis
16.1.1 Strengths
16.1.2 Weaknesses
16.1.3 Opportunities
16.1.4 Threats
16.2 Porter's Five Forces Analysis
16.2.1 Supplier's Power
16.2.2 Buyer's Power
16.2.3 Threat of New Entrants
16.2.4 Degree of Rivalry
16.2.5 Threat of Substitutes
16.3 Key Indicators for Demand
16.4 Key Indicators for Price
17 Value Chain Analysis
18 Trade Data Analysis (HS Code - 3304)
18.1 Major Exporting Countries
18.1.1 By Value
18.1.2 By Volume
18.2 Major Importing Countries
18.2.1 By Value
18.2.2 By Volume
19 Competitive Landscape
19.1 Market Structure
19.2 Company Profiles
19.2.1 L'Oreal S.A.
19.2.1.1 Company Overview
19.2.1.2 Product Portfolio
19.2.1.3 Demographic Reach and Achievements
19.2.1.4 Certifications
19.2.2 Estee Lauder Companies Inc.
19.2.2.1 Company Overview
19.2.2.2 Product Portfolio
19.2.2.3 Demographic Reach and Achievements
19.2.2.4 Certifications
19.2.3 Procter & Gamble Co.
19.2.3.1 Company Overview
19.2.3.2 Product Portfolio
19.2.3.3 Demographic Reach and Achievements
19.2.3.4 Certifications
19.2.4 Unilever Plc
19.2.4.1 Company Overview
19.2.4.2 Product Portfolio
19.2.4.3 Demographic Reach and Achievements
19.2.4.4 Certifications
19.2.5 Coty Inc.
19.2.5.1 Company Overview
19.2.5.2 Product Portfolio
19.2.5.3 Demographic Reach and Achievements
19.2.5.4 Certifications
19.2.6 Revlon, Inc.
19.2.6.1 Company Overview
19.2.6.2 Product Portfolio
19.2.6.3 Demographic Reach and Achievements
19.2.6.4 Certifications
19.2.7 Shiseido Company, Limited
19.2.7.1 Company Overview
19.2.7.2 Product Portfolio
19.2.7.3 Demographic Reach and Achievements
19.2.7.4 Certifications
19.2.8 Beiersdorf AG
19.2.8.1 Company Overview
19.2.8.2 Product Portfolio
19.2.8.3 Demographic Reach and Achievements
19.2.8.4 Certifications
19.2.9 Clarins Group
19.2.9.1 Company Overview
19.2.9.2 Product Portfolio
19.2.9.3 Demographic Reach and Achievements
19.2.9.4 Certifications
19.2.10 Mary Kay Cosmetics Limited
19.2.10.1 Company Overview
19.2.10.2 Product Portfolio
19.2.10.3 Demographic Reach and Achievements
19.2.10.4 Certifications
19.2.11 Nudestix Inc.
19.2.11.1 Company Overview
19.2.11.2 Product Portfolio
19.2.11.3 Demographic Reach and Achievements
19.2.11.4 Certifications
19.2.12 Others
20 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Cosmetic Products Market: Key Industry Highlights, 2018 and 2032
2. Canada Cosmetic Products Market: Key Industry Highlights, 2018 and 2032
3. Canada Cosmetic Products Historical Market: Breakup by Product (USD Billion), 2018-2023
4. Canada Cosmetic Products Market Forecast: Breakup by Product (USD Billion), 2024-2032
5. Canada Cosmetic Products Historical Market: Breakup by Type (USD Billion), 2018-2023
6. Canada Cosmetic Products Market Forecast: Breakup by Type (USD Billion), 2024-2032
7. Canada Cosmetic Products Historical Market: Breakup by Category (USD Billion), 2018-2023
8. Canada Cosmetic Products Market Forecast: Breakup by Category (USD Billion), 2024-2032
9. Canada Cosmetic Products Historical Market: Breakup by Gender (USD Billion), 2018-2023
10. Canada Cosmetic Products Market Forecast: Breakup by Gender (USD Billion), 2024-2032
11. Canada Cosmetic Products Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
12. Canada Cosmetic Products Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
13. Canada Cosmetic Products Historical Market: Breakup by Region (USD Billion), 2018-2023
14. Canada Cosmetic Products Market Forecast: Breakup by Region (USD Billion), 2024-2032
15. Major Exporting Countries by Value
16. Major Importing Countries by Value
17. Major Exporting Countries by Volume
18. Major Importing Countries by Volume
19. Canada Cosmetic Products Market Structure
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