The landscape of cosmetic products is evolving as manufacturers broaden their horizons beyond catering solely to adults, now extending their focus to children. Market players are proactively launching initiatives to make their products readily available and well-known across various regions. Grooming is emerging as an integral part of children's lives, especially in urban areas of select Asia-Pacific and North American countries, including China, Japan, South Korea, and the US. Notably, in Japan, one child among every six uses cosmetic products. In a global context, over 9% of beauty and skincare sales originate from products tailored for children aged 9 or younger, while products for children aged 10 to 15 contribute to nearly 7% of sales. In regions like Europe and North America, a significant number of children enjoy the autonomy to decide how they spend their pocket money, and an increasing portion of these funds is allocated towards cosmetics for self-enhancement. Additionally, factors such as rapid urbanization, the introduction of organic and natural cosmetic offerings, and a rise in expenditure on children's grooming products contribute significantly to market growth. Consumers are increasingly willing to pay premium prices for natural and organic children's cosmetics, valuing their perceived safety and associated benefits. Impact of Social Media The awareness surrounding children's cosmetics is largely propelled by strategic advertising efforts from key industry players and influential social media platforms. Various beauty blogs on popular social networking sites such as Facebook, Instagram, Twitter, and YouTube play a pivotal role in boosting the sales of children's cosmetics. Social media has witnessed a surge in content dedicated to children's grooming styles and products, influencing the market positively. Blogs and posts advocating for children's cosmetics on social media platforms have a considerable impact on market growth. Additionally, the prevailing trend of taking selfies and creating short entertainment videos for social media platforms further propels the sales of children's cosmetics on a global scale. Startups are also leveraging social media channels to raise awareness about cosmetic products designed for children, primarily through targeted campaigns. As a result, social media emerges as a crucial catalyst in propelling the growth of the global children's cosmetics market.
Covered Aspects:Report Attribute/Metric | Details |
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Market Opportunities | Innovative product launches by the market players |
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