PUBLISHER: QYResearch | PRODUCT CODE: 1874284
PUBLISHER: QYResearch | PRODUCT CODE: 1874284
The global market for ERP Software for Cosmetic was estimated to be worth US$ 449 million in 2024 and is forecast to a readjusted size of US$ 793 million by 2031 with a CAGR of 8.6% during the forecast period 2025-2031.
Enterprise Resource Planning (ERP) refers to a set of software used by organizations to manage daily business activities, including accounting, procurement, project management, risk management and compliance, supply chain operations, etc. Cosmetics ERP software plays a vital role in the cosmetics industry. It can help cosmetics companies achieve information management, improve efficiency, reduce costs, and enhance competitiveness.
Global key players of ERP Software for Cosmetic include SAP, NetSuite (Oracle), Microsoft, Kingdee, Meidede, etc. The top five players hold a share about 71%. Asia-Pacific is the largest market, and has a share about 38%, followed by Europe and North America with share 29% and 26%, separately. In terms of product type, Cloud-based is the largest segment, accounting for a share of 64%. In terms of application, Manufacturer has a share about 63 percent.
Analysis of market driving factors
1. Industry demand growth
Global market expansion: With the continuous expansion of the global cosmetics market, enterprises have increased their demand for efficient management tools to cope with market changes and enhance their competitiveness.
The rise of the Chinese market: The growth rate of China's cosmetics market is higher than that of the world, and it is expected to continue to grow in the next six years, becoming an important global growth engine, driving the growth of ERP software demand.
2. Technological progress
Popularization of cloud computing: The popularization of cloud computing technology promotes the migration of ERP software to the cloud, improves the scalability and flexibility of the system, and reduces enterprise IT costs.
Big data and AI application: The application of big data and AI technology enhances the data analysis capabilities of ERP software, helps enterprises make more scientific decisions, and optimizes operational processes.
Internet of Things integration: Internet of Things technology connects production equipment and storage facilities to achieve remote monitoring and intelligent operation and maintenance, and improves production efficiency and product quality.
3. Policy support
Promotion of digital transformation: Governments of various countries promote digital transformation and intelligent manufacturing, provide policy support for the ERP software market, and encourage enterprises to adopt advanced management tools.
Localized service demand: The Chinese government encourages enterprises to go to the cloud and use ERP software to improve management efficiency and competitiveness, and promote the development of local ERP software companies.
4. Changes in consumer behavior
Diversification of demand: The diversification and personalization of consumer demand have prompted cosmetics companies to strengthen supply chain management and customer relationship management to meet the needs of different customers.
Online and offline integration: The new retail model of online and offline integration requires ERP software to support multi-channel sales and management, and to achieve unified management of information such as orders, inventory, and logistics.
5. Intensified market competition
Differentiated competition needs: The cosmetics industry is highly competitive, and companies need ERP software to optimize operating processes, reduce costs, improve competitiveness, and achieve differentiated competition.
Customized service trends: Customized ERP software has become an important means for companies to differentiate themselves, meet their personalized needs, and improve customer satisfaction.
6. Cost-effectiveness considerations
Improved operational efficiency: ERP software helps companies reduce overall operating costs by optimizing resource allocation, reducing waste, and improving production efficiency and service quality.
Cloud ERP advantages: Cloud ERP software reduces IT infrastructure investment, improves system scalability and flexibility, and reduces corporate IT maintenance costs.
This report aims to provide a comprehensive presentation of the global market for ERP Software for Cosmetic, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of ERP Software for Cosmetic by region & country, by Type, and by Application.
The ERP Software for Cosmetic market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding ERP Software for Cosmetic.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of ERP Software for Cosmetic company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of ERP Software for Cosmetic in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of ERP Software for Cosmetic in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.