
Global Color Cosmetics Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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May 2023
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MarketResearch.biz delivers in-depth insights on the global color cosmetics market in its upcoming report titled, “Global Color Cosmetics Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global color cosmetics market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global color cosmetics market report has been segmented on the basis of target market, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Color cosmetics is a type of personal care product used to alter or enhance the appearance of an individual. Color cosmetics are applied to hair, nails, body and face in form of hair colors, nail paints, foundation, etc. In addition, color cosmetics are also used for personal hygiene. Color cosmetics are made using artificial ingredients and natural ingredients such as starfish extracts, pearl powder, snail secretions, etc. Availability of various types of color cosmetics in the market is making consumer more inclined towards its usage.
Increasing demand for color cosmetics among consumers such as hair colors, nail paints, foundation, etc. as personal care products, is a major factor anticipated to drive the growth of the global market. Growing awareness regarding appearance among women and men also resulted in the increasing preference for color cosmetics products and drives the growth of the market over the forecast period. Rising demand for natural and organic color cosmetic products is another factor, expected to fuel the growth of the global color cosmetics market. Furthermore, increasing working women population coupled with rising disposable income also expected to boost the growth of the target market in the near future.
However, use of artificial ingredients in color cosmetics may result in adverse effects such as acne, pimples, damage of internal organs, which hamper the demand of the color cosmetics. Nonetheless, development of cost effective organic color cosmetics and introduction of new color cosmetics range that are suitable for various skin types can create higher revenue opportunities for players in the target market.
North America and Europe accounts for the major market share in terms of revenue, due to increasing use of color cosmetics as a personal care product and awareness about organic cosmetic products among consumers. In addition, the presence of large key manufacturers in these regions is another a factor anticipated to boost the growth of the color cosmetics market. The Asia Pacific market is expected to witness a fastest growth in terms of revenue, owing to changing lifestyle and increasing spending on cosmetic products especially in emerging economies. Furthermore, increasing adoption of new fashion trend among individuals and growing cosmetics industry especially in South Korea and China is expected to drive the growth of the market over the forecast period.
Global Color Cosmetics Market Segmentation:
By target market:
- Mass Products
- Prestige Products
By applications:
- Facial Makeup
- Eye Makeup
- Lip care products
- Nail care products
- Hair colors
- Special Effect Products
By region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn - L'Oréal S.A.
- The Estée Lauder Companies Inc.
- Avon Products, Inc.
- Coty, Inc.
- Revlon Group Limited
- The Procter & Gamble Company
- Johnson & Johnson Inc.
- Beiersdorf AG
- Unilever N.V.
- Kryolan GmbH
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