![]() However, with Generation Z entering the job market, there is now a a big driver of the cosmetics market especially in the United States. Unfortunately, the global financial crisis has put a damper on the market and during those years, more affordably priced merchandise and do it yourself at home products were key in the beauty market. In recent years, consumers have been spending higher levels of disposable income on cosmetics than they had in the past. The global cosmetics industry is broken down into six main categories skin care being the largest one out of them all, accounting for 41 percent of the global market in 2022. Since the early twentieth century, the production of cosmetics has been controlled by a handful of multi-national corporations. In that year, L'Oréal Paris was at the top of the list, with a brand value of about 12.1 billion U.S dollars. This statistic shows the brand value of the leading 10 cosmetic brands worldwide in 2023. However, ad-supported video-on-demand is forecast to grow the most, with revenue more than doubling between 20.īrand value of the leading 10 cosmetic brands worldwide 2023 dollars in 2022, with subscription video-on-demand revenue accounting for the majority of that figure. However, the number of Disney Plus subscribers decreased in the company's first two fiscal quarters of 2023 as Disney+ Hotstar, in particular, lost subscribers.Īccording to estimates, over-the-top TV revenue reached over 150 billion U.S. By 2026, the conversion of the preexisting platform will be rolled out to numerous other Asian countries. Two years later, the media conglomerate launched the rebranded Disney Plus Hotstar in India and Indonesia. In 2018, The Walt Disney Company acquired 21st Century Fox, which also included the TV broadcaster Star India – the owner of India’s most popular streaming platform Hotstar. Estimates from May 2023 predict that both competitors might be up for a close race for the top spot by 2028, while Disney+ has lost considerable ground to them, compared to estimates from October 2021. ![]() Amazon Prime Video ranked second in the market, with 117 million users. SVOD subscriber count worldwide 2020-2028, by serviceĪs of September 2020, the total number of Netflix subscribers amounted to about 201 million, making it by far the most popular subscription video-on-demand service worldwide.
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