The new report by Expert Market Research titled, ‘Global Colour Cosmetics Market Size, Report and Forecast 2023-2028’, gives an in-depth analysis of the global colour cosmetics market, assessing the market based on its segments like target markets, applications, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Colour Cosmetics Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/colour-cosmetics-market/requestsample
The key highlights of the report include:
Market Overview (2018-2028)
• Historical Market Size (2021): USD 8.3 Billion
• Forecast CAGR (2023-2028): 7.5%
• Forecast Market Size (2027): USD 12.8 Billion
The rising demand for personal care and cosmetic product owing to the rising living standards, increasing inclination towards beauty and hygiene, and rapid urbanisation is driving the market. The market is anticipated to be bolstered by the growing popularity of cosmetic brands among the female population. The increasing concerns about the sink damage caused by the rising air pollution and increasing global temperature are also likely to catapult the demand for facial care product in the forecast period.
In terms of region, the Asia Pacific region accounts for significant share in the market owing to the presence of high population base in countries like India and China. The market growth in the region will further be propelled by the robust development of manufacturing plants of the major beauty and personal care brands.
Colour Cosmetics Industry Definition and Major Segments
Colour cosmetics are the colourants which are added to various beauty and maintenance products which have been designed to provide fresh and healthy appearance to the body. Colour cosmetics contain various chemicals which impart aroma to the body and bolster the health of the skin. Colour cosmetics, apart from beautifying the physical appearance, also provide skin radiance, hydration, and protection from UV rays.
On the basis of target market, colour cosmetics can be bifurcated into:
• Mass Product
• Prestige Product
Based on application, the market has been segmented into:
• Facial Make-up
• Lip Product
• Eye Make-up
• Nail Product
The regional markets for colour cosmetics include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Colour Cosmetics Market Trends
The key trends in the ketone market include the increasing sales of colour cosmetic products via online platforms, coupled with the rapid investments in the digital marketing of high-quality skin and hair care products by the major market players. The growing R&D activities and investments by the popular beauty brands to design products specifically are also adding to the market growth.
Moreover, the rapid development of beauty stores owing to the rising consumer base is anticipated to be another key trend in the market. The market growth will further be aided by the rising demand for organic personal care products owing to the rising concerns pertaining to animal welfare. Hence, these developments are likely to offer lucrative opportunities to the market in the coming years.
Key Market Players
The major players in the market are:
- Unilever N.V
- L’Oréal Group
- Avon Products, Inc
- The Este Lauder Companies Inc
- Shiseido Co. Ltd
- Chantecaille Beauté
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person: Sophia Grace, Corporate Sales Specialist – U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA