Acknowledging the kind of traction gained by this market, industrydataanalytics recently published a study report that asserts the global Color Cosmetics Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.9% during the review period (2022 to 2027).
Color Cosmetics Market Overview:
Color cosmetics are pigments that give color beauty and personal care products that include make-up, personal hygiene, hair care, fragrances, and skincare. These products enhance the look, define facial features, and conceal spots and marks while providing a fresh and healthy appearance.
Moreover, the rise in demand for cosmetic products among the female population has increased which, in turn, is propelling the market. Additionally, the increasing trend for personal grooming and high-end lifestyle has improved the consumption of products supported by the availability rise in purchasing power within the consumers.
Recent Development:
Regenerative agriculture transition to be accelerated through new impact fund
Paris/London - Today, worldwide insurance and asset management company AXA, global consumer goods company Unilever, and global alternative asset management group Tikehau Capital, have announced they have signed a Memorandum of Understanding outlining their ambition to create an impact fund dedicated to accelerating and scaling the regenerative agriculture transition.
What are the major Applications, Types, and Regions of the Color Cosmetics Market?
By Type, it is segmented into
Facial Makeup
Lip Products
Eye Makeup
Nail Cosmetics
Other (brush sets etc.)
By Applications, it is segmented into
Offline
Online
Others
Color Cosmetics Market Regional Analysis
Asia Pacific region is slated to dominate the worldwide color cosmetics market share through 2029. In 2021, the regional market was valued at USD 30.02 billion in 2021, led by the increased demand for skin care products from countries, such as China, Japan, and India. Robust economic growth in these countries has caused major lifestyle changes, creating higher demand for cosmetic products for the face, body, lip, and eyes.
North America is estimated to have a significant share in the global market, which can be attributed to the rapid technological advancement and high disposable income in the region. The increased demand for organic products has been leading the manufacturers towards the innovation of new products. This demand, along with the feasible economic status of countries within the region, is driving market growth. The presence of social influencers and techniques for digital marketing through various portals is supporting the market within the region. Furthermore, big companies such as Morphe, Glossier, and Kylie cosmetics have generated major revenue through promotional activities on social media.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Color Cosmetics market has been studied across North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. The Asia Pacific is expected to dominate the most significant market owing to rising demand for natural gas mainly across the countries like India, China, and Japan among others. China has the fastest-growing investment in LNG stations, as its focus on cleaner energy for industrial and commercial transportation is anticipated to drive the market across the region. Following Asia-Pacific, Europe, and North America and have implemented stringent laws to reduce emissions & are more focused on renewable energy projects and energy-efficient sectors the rise in commercial and industrial transportation has led to the expansion of LNG stations across the region, and are the second-largest region in the global Color Cosmetics market. In Latin America government has reduced the importation tariffs for LNG-powered vehicles, enhancing the market landscape of Color Cosmetics positively.
Color Cosmetics Market Report Scope:
Reports Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 7.9% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Color Cosmetics Report
Evaluate Color Cosmetics market potential by analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and by different industries verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.
Get in-depth insights on your competitor's performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
All our reports are custom-made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Questions
What is the study period of this market?
The Color Cosmetics Market is studied from 2017 - 2027.
Who are the key players in Color Cosmetics Market?
What are the significant types of Color Cosmetics Market?
Facial Makeup, Lip Products, Eye Makeup, Nail Cosmetics, Other (brush sets etc.), Others.
What are the major end-use applications of the Color Cosmetics Market?
Offline, Online, Others.
What segments are covered in the Color Cosmetics Market report?
The Global Color Cosmetics Market is segmented on the basis of Product, Application, and Geography.
How can I get a sample report/company profile for the Color Cosmetics Market?
The sample report for the Color Cosmetics Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.