The analysts forecast global online beauty and personal care products market to grow at a CAGR of 16.13% during the period 2018-2022. One trend in the market is hassle-free and one-day or two-day delivery.
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Online retailers keep experimenting with different new product delivery models to meet the evolving customer expectations.
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Due to hectic schedules and rise in demand for convenience, while shopping online, e-retailers are working on hassle-free and one-day delivery models, which are charged extra. In developed markets such as Western Europe and the US, many customers use same-day delivery services, which indicates that they are willing to pay for swift services that pay attention to their emergency needs and convenience.
Moreover, same-day delivery services save time for customers and e-commerce players.
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Major key players in the global online beauty and personal care products market: Beiersdorf, Estee Lauder, L’OREAL, Procter & Gamble (P&G), Unilever, Amway, Avon Products, Natura Cosmeticos, Oriflame Cosmetics Global, Clarins, Mary Kay, and Shiseido.
According to the online beauty and personal care products market report, one driver in the market is rise in penetration of Internet and smart gadgets. The rising penetration of the Internet and smart gadgets support the infrastructure required to access online shopping platforms in developing markets and increase the exposure to online shopping.
Smart gadgets such as smartphones and tablets and their penetration in developed and developing countries are growing as the adoption of these gadgets has made customers technology-driven and led to a rise in the use of the Internet.
Furthermore, online purchasing decisions have also evolved with advances in technology. Per the World Bank Group, in 2016, the percentage-to-population of Internet users worldwide was 45.91%.
In addition, rise in percentage-to-population of Internet users worldwide was 14.63% in 2016 from 2011.
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Major Points from Table of Contents:
PART 1: Executive Summary
PART 2: Scope of The Report
PART 3: Research Methodology
PART 4: Introduction
PART 5: Market Landscape
PART 6: Market Sizing
PART 7: Five Forces Analysis
PART 8: Market Segmentation by Product
PART 9: Customer Landscape
PART 10: Regional Landscape
PART 11: Decision Framework
PART 12: Drivers and Challenges
PART 13: Market Trends
PART 14: Vendor Landscape
PART 15: Vendor Analysis
PART 16: Appendix