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According to the analysis, color cosmetics have become trendier to complement the high-end lifestyle and personal grooming. With the rising prominence of personal hygiene, skincare, fragrances, hair care, and makeup, industry players are likely to inject funds into cosmetic products. Fortune Business Insights™ provides this information in its research report, titled “Color Cosmetics Market Size and Industry Report, 2025-2032”.
Get a Free Sample Research PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/colour-cosmetics-market-104305
Report Scope:
♦ Market Size Value in 2024: $ 82.16 Bn
♦ Market Size Value in 2032: $ 128.11 Bn
♦ Growth Rate: CAGR of 5.7% (2024-2032)
♦ Base Year: 2023
♦ Historical Data: 2019-2022
♦ Years Considered for the Study: 2019-2032
♦ No. of Report Pages: 243
♦ 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀 𝗖𝗼𝘃𝗲𝗿𝗲𝗱: By Target Market (Prestige Products and Mass Products), By Distribution (Offline and Online), By Application (Nail Products, Hair Products, Lip Products, Face Products, and Others).
Segmentation Analysis:
• Prestige Products Segment to Record Notable Surge Owing to Rising Luxurious Goods Demand
On the basis of target market, the market for color cosmetics is segmented into mass products and prestige products. The prestige products segment accounted for a dominating share in the market and is expected to depict substantial growth throughout the forecast period. The expansion is due to the rising awareness among consumers regarding the usage of quality products on the face and body.
• Offline Segment to Gain Traction Impelled by Soaring E-Commerce Sector
By distribution, the market is segregated into online and offline. The offline segment is estimated to surge at a considerable pace over the estimated period. The rise is driven by the growing consumer preference for purchase through the demo of the product.
• Face Products Segment to Depict Appreciable Upsurge Impelled by Surging Consumer Awareness Regarding Beauty Trends
Based on application, the market is fragmented into hair products, nail products, lip products, face products, and others. The face products segment is expected to register considerable expansion throughout the forecast period. The surge is due to the growing trend for face beautification.
Based on geography, the market for color cosmetics has been analyzed across Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Report Coverage:
The report gives a coverage of the major factors boosting the global industry landscape over the estimated period. It further provides an in-depth analysis of the key trends propelling industry expansion over the coming years. The report also includes an overview of the vital steps undertaken by leading industry players for strengthening their market positions.
𝐁𝐫𝐨𝐰𝐬𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐒𝐮𝐦𝐦𝐚𝐫𝐲 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂:
https://www.fortunebusinessinsights.com/colour-cosmetics-market-104305
List of Key Players Mentioned in the Report:
• L'Oréal S.A (France)
• Unilever (U.K.)
• Avon Products Inc. (U.K.)
• Estée Lauder Inc (U.S.)
• Shiseido Company, Limited (Japan)
• Revlon, Inc. (U.S.)
• Coty Inc. (U.S.)
• Amway (U.S.)
• KRYOLAN (Germany)
• CIATÉ (U.K.)
• CHANEL (France)
Drivers and Restraints:
Industry Share to Surge Due to Rising Inclination Toward Organic Cosmetic Products
One of the key factors propelling the color cosmetics market growth is the rising consumer inclination toward the purchase of organic cosmetic products. Additional factor favoring industry expansion is the soaring importance of using chemical-free cosmetic products and surging disposable income in emerging and developing markets.
However, the industry expansion could be restrained by the growing awareness regarding the protection and preservation of the environment.
Regional Insights:
Asia Pacific to Lead Impelled by Growing Skin Care Products Demand
The Asia Pacific color cosmetics market share is expected to register substantial growth over the estimated period. The expansion is driven by the escalating demand for skin care products from countries such as India, Japan, and China.
The North America market is poised to depict appreciable growth throughout the study period. The escalation is driven by the high disposable income and rapid technological advancement.
Competitive Landscape:
Leading Companies Enter into Collaborations to Expand Product Reach
Major players are focused on the adoption of a range of strategic initiatives for strengthening their industry positions. Some of these steps include acquisitions, collaborations, and merger agreements. Additional initiatives comprise an increase in R&D activities and the rollout of new products.
Get a Quote: https://www.fortunebusinessinsights.com/enquiry/get-a-quote/colour-cosmetics-market-104305
Key Industry Development:
• April 2023: The French Company L'Oréal acquired the Australian luxury brand Aesop from Natura & Co. The acquisition would help expand its presence in high-end cosmetics with a view to international expansion, including in China.
• June 2023: In India, the French beauty company L'Oréal relaunched its luxury beauty brand Lancôme. The company would distribute skincare, makeup, and fragrances under the Lancôme brand in India.
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Ashwin Arora
Fortune Business Insights™ Pvt. Ltd.
+1 833-909-2966
email us here
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