Cosmetics products market size in Russia to grow by USD 1,008.27 million between 2022 and 2027; Skincare products segment to account for maximum market growth - Technavio

NEW YORK, April 10, 2023 /PRNewswire/ -- The "Russia Cosmetics Products Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2023-2027" report has been added to Technavio's offerings. The size of the cosmetics products market in Russia is estimated to grow by USD 1,008.27 million between 2022 and 2027, accelerating at a CAGR of 5.95% during the forecast period. The market is segmented by product (skincare products, haircare products, color cosmetics, and fragrances and deodorants), distribution channel (offline and online), and end-user (women and men). The market growth will be significant in the skincare products segment. The segment is driven by rising disposable income and increased awareness and consciousness about skincare among consumers. Other factors contributing to the segment's growth include product innovations and new product launches. For comprehensive details on the market size of the historic period (2017 to 2021) and forecast period (2023-2027) - View the sample report

Vendor Landscape
The cosmetics products market in Russia is fragmented due to the presence of numerous players providing cosmetic products. The market has a strong presence of premium and drugstore cosmetics products. Hence, the competitive intensity in the market is expected to remain steady during the forecast period. However, the strong trend of entering into alliances among vendors may lead the market toward higher consolidation during the forecast period. Some of the key vendors covered in the report include:

• Galderma SA - The company offers cosmetic products, such as face serum, skin oil, face cream, and gel, under their brand named TriLuma.
• Giorgio Armani S.p.A. - The company offers cosmetic products such as makeup products, namely foundation, eyeliner, and lipstick, as well as skincare products such as face serum, gel, and eye and lip care.
• Intermira - The company offers cosmetics products such as hair serum, body shower gel, cream, hand and foot cream, oral care products, makeup products, and fragrances.
• International Flavors and Fragrances Inc. - The company offers cosmetic products such as skin serums, skin lotions, nail care products, hair masks, and wrinkle creams.

The report provides a full list of key vendors, their strategies, and the latest developments. Buy Now

Market Dynamics

Major Drivers – The market is driven by factors such as the growing purchasing power of people aged 30-50 years. The per capita income levels of people of this age group have grown considerably worldwide. This has increased their spending power, which is increasing the demand for cosmetic skincare products. Middle-aged people experience aging-related anxiety because of extrinsic and intrinsic aging factors. External factors such as climatic conditions, pollution, stress, and an unhealthy diet have an adverse impact on the collagen and elastic fibers of the skin. In addition, intrinsic factors increase the appearance of fine lines and wrinkles as well as hyperpigmentation. These factors have increased the demand for cosmetic products such as anti-aging creams and skincare lotions among consumers, which is driving the growth of the market.

Key Trends – The increase in demand from the millennial population is identified as the key trend in the market. The spending on premium cosmetic brands among Millennials is increasing in Russia. In addition, the population segment is tech-savvy and is more likely to purchase specific grooming items, such as perfumes online, based on brand loyalty. Thus, many brands operating in the country are introducing innovative products to attract Millennials. The high spending power of Millennials has further encouraged vendors to focus on various strategies to increase sales. This trend is positively influencing the growth of the market.

Major Challenge – Growing price wars among market vendors will challenge the growth of the market. The market has several vendors that offer a wide range of cosmetic products for both skin and hair. The high growth potential in the market has attracted many new players to launch innovative products at discounted prices. This is compelling established players to reduce the prices of their premium offerings to compete with new players. As a result, the profit margins of established players are reduced, which is negatively affecting market growth.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

Company Profiles

The report includes information on product launches, sustainability, and prospects of leading vendors, including Ecocraft Cosmetics, Galderma SA, Giorgio Armani S.p.A., Intermira, International Flavors and Fragrances Inc., LOreal SA, Ltd. Liability Co. Arvitex, Malibu Health Products Ltd., Martiderm SL, Miranda Kerr Pty Ltd., Natura Dream Ltd., Planeta Organica, Soap Co. Spivak, Splat LLC, Uriage USA, VALENTINO Spa, and Kering SA.

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Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

Related Reports:

• The cosmetics market size is expected to increase by USD 78.89 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.36%. The market is segmented by type (skincare, hair care, makeup, fragrance, and others), end-user (women and men), distribution channel (offline and online), and geography (APAC, North America, Europe, South America, and the Middle East and Africa).
• The cosmetics products market in France is expected to grow by USD 2.48 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.27%. The market is segmented by distribution channel (offline and online) and product type (skincare products, haircare products, color cosmetics, and fragrances and deodorants).

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Table of contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Country Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 08: Parent market
• Exhibit 09: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 10: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 11: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 12: Chart on Russia - Market size and forecast 2022-2027 ($ million)
• Exhibit 13: Data Table on Russia - Market size and forecast 2022-2027 ($ million)
• Exhibit 14: Chart on Russia: Year-over-year growth 2022-2027 (%)
• Exhibit 15: Data Table on Russia: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Cosmetics products market in Russia 2017 - 2021 
• Exhibit 16: Historic Market Size – Data Table on Cosmetics products market in Russia 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 17: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Distribution channel Segment Analysis 2017 - 2021 
• Exhibit 18: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)

• 4.4 End-user Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 20: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 21: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 22: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 23: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 24: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 25: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 26: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments
• Exhibit 27: Chart on Product - Market share 2022-2027 (%)
• Exhibit 28: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 29: Chart on Comparison by Product
• Exhibit 30: Data Table on Comparison by Product

• 6.3 Skincare products - Market size and forecast 2022-2027 
• Exhibit 31: Chart on Skincare products - Market size and forecast 2022-2027 ($ million)
• Exhibit 32: Data Table on Skincare products - Market size and forecast 2022-2027 ($ million)
• Exhibit 33: Chart on Skincare products - Year-over-year growth 2022-2027 (%)
• Exhibit 34: Data Table on Skincare products - Year-over-year growth 2022-2027 (%)

• 6.4 Haircare products - Market size and forecast 2022-2027 
• Exhibit 35: Chart on Haircare products - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Data Table on Haircare products - Market size and forecast 2022-2027 ($ million)
• Exhibit 37: Chart on Haircare products - Year-over-year growth 2022-2027 (%)
• Exhibit 38: Data Table on Haircare products - Year-over-year growth 2022-2027 (%)

• 6.5 Color cosmetics - Market size and forecast 2022-2027 
• Exhibit 39: Chart on Color cosmetics - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Data Table on Color cosmetics - Market size and forecast 2022-2027 ($ million)
• Exhibit 41: Chart on Color cosmetics - Year-over-year growth 2022-2027 (%)
• Exhibit 42: Data Table on Color cosmetics - Year-over-year growth 2022-2027 (%)

• 6.6 Fragrances and deodorants - Market size and forecast 2022-2027 
• Exhibit 43: Chart on Fragrances and deodorants - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Data Table on Fragrances and deodorants - Market size and forecast 2022-2027 ($ million)
• Exhibit 45: Chart on Fragrances and deodorants - Year-over-year growth 2022-2027 (%)
• Exhibit 46: Data Table on Fragrances and deodorants - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Product 
• Exhibit 47: Market opportunity by Product ($ million)
• Exhibit 48: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments
• Exhibit 49: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 50: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 51: Chart on Comparison by Distribution Channel
• Exhibit 52: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027 
• Exhibit 53: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 55: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 56: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027 
• Exhibit 57: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 59: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 60: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel 
• Exhibit 61: Market opportunity by Distribution Channel ($ million)
• Exhibit 62: Data Table on Market opportunity by Distribution Channel ($ million)

8 Market Segmentation by End-user

• 8.1 Market segments
• Exhibit 63: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 64: Data Table on End-user - Market share 2022-2027 (%)

• 8.2 Comparison by End-user 
• Exhibit 65: Chart on Comparison by End-user
• Exhibit 66: Data Table on Comparison by End-user

• 8.3 Women - Market size and forecast 2022-2027 
• Exhibit 67: Chart on Women - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Women - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Women - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Women - Year-over-year growth 2022-2027 (%)

• 8.4 Men - Market size and forecast 2022-2027 
• Exhibit 71: Chart on Men - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Men - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Men - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Men - Year-over-year growth 2022-2027 (%)

• 8.5 Market opportunity by End-user 
• Exhibit 75: Market opportunity by End-user ($ million)
• Exhibit 76: Data Table on Market opportunity by End-user ($ million)

9 Customer Landscape

• 9.1 Customer landscape overview 
• Exhibit 77: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 78: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 79: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 80: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 81: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 82: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 83: Matrix on vendor position and classification

• 12.3 Ecocraft Cosmetics
• Exhibit 84: Ecocraft Cosmetics - Overview
• Exhibit 85: Ecocraft Cosmetics - Product / Service
• Exhibit 86: Ecocraft Cosmetics - Key offerings

• 12.4 Galderma SA
• Exhibit 87: Galderma SA - Overview
• Exhibit 88: Galderma SA - Product / Service
• Exhibit 89: Galderma SA - Key news
• Exhibit 90: Galderma SA - Key offerings

• 12.5 Giorgio Armani S.p.A. 
• Exhibit 91: Giorgio Armani S.p.A. - Overview
• Exhibit 92: Giorgio Armani S.p.A. - Product / Service
• Exhibit 93: Giorgio Armani S.p.A. - Key offerings

• 12.6 Intermira
• Exhibit 94: Intermira - Overview
• Exhibit 95: Intermira - Product / Service
• Exhibit 96: Intermira - Key offerings

• 12.7 International Flavors and Fragrances Inc. 
• Exhibit 97: International Flavors and Fragrances Inc. - Overview
• Exhibit 98: International Flavors and Fragrances Inc. - Business segments
• Exhibit 99: International Flavors and Fragrances Inc. - Key news
• Exhibit 100: International Flavors and Fragrances Inc. - Key offerings
• Exhibit 101: International Flavors and Fragrances Inc. - Segment focus

• 12.8 Kering SA
• Exhibit 102: Kering SA - Overview
• Exhibit 103: Kering SA - Business segments
• Exhibit 104: Kering SA - Key offerings
• Exhibit 105: Kering SA - Segment focus

• 12.9 LOreal SA
• Exhibit 106: LOreal SA - Overview
• Exhibit 107: LOreal SA - Business segments
• Exhibit 108: LOreal SA - Key news
• Exhibit 109: LOreal SA - Key offerings
• Exhibit 110: LOreal SA - Segment focus

• 12.10 Ltd. Liability Co. Arvitex 
• Exhibit 111: Ltd. Liability Co. Arvitex - Overview
• Exhibit 112: Ltd. Liability Co. Arvitex - Product / Service
• Exhibit 113: Ltd. Liability Co. Arvitex - Key offerings

• 12.11 Martiderm SL
• Exhibit 114: Martiderm SL - Overview
• Exhibit 115: Martiderm SL - Product / Service
• Exhibit 116: Martiderm SL - Key offerings

• 12.12 Miranda Kerr Pty Ltd. 
• Exhibit 117: Miranda Kerr Pty Ltd. - Overview
• Exhibit 118: Miranda Kerr Pty Ltd. - Product / Service
• Exhibit 119: Miranda Kerr Pty Ltd. - Key offerings

• 12.13 Natura Dream Ltd.
• Exhibit 120: Natura Dream Ltd. - Overview
• Exhibit 121: Natura Dream Ltd. - Product / Service
• Exhibit 122: Natura Dream Ltd. - Key offerings

• 12.14 Planeta Organica
• Exhibit 123: Planeta Organica - Overview
• Exhibit 124: Planeta Organica - Product / Service
• Exhibit 125: Planeta Organica - Key offerings

• 12.15 Soap Co. Spivak
• Exhibit 126: Soap Co. Spivak - Overview
• Exhibit 127: Soap Co. Spivak - Product / Service
• Exhibit 128: Soap Co. Spivak - Key offerings

• 12.16 Uriage USA
• Exhibit 129: Uriage USA - Overview
• Exhibit 130: Uriage USA - Product / Service
• Exhibit 131: Uriage USA - Key offerings

• 12.17 VALENTINO Spa
• Exhibit 132: VALENTINO Spa - Overview
• Exhibit 133: VALENTINO Spa - Product / Service
• Exhibit 134: VALENTINO Spa - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 135: Inclusions checklist
• Exhibit 136: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 137: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 138: Research methodology
• Exhibit 139: Validation techniques employed for market sizing
• Exhibit 140: Information sources

• 13.5 List of abbreviations 
• Exhibit 141: List of abbreviations

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