What is Color Cosmetics Market Scope?
Over the past few decades, makeup products are used to enhance beauty. The advances in the beauty products are colour cosmetics which encompasses an array of products for different categories including, skin, eyes, cheeks, and others. Colour cosmetics are widely used in the cosmetic industry to add lustre, sparkle, impart colour, and provide coverage. It uses synthetic or organic colours to meet the requirement of the consumers for making lipsticks, foundations, nail polish and so on. The demand for the colour cosmetics has converted into major sales as it is influencing and celebrities sporting the fuller, affordable look hence these products are booming in the markets. Moreover, the increased awareness related to style and external appearance in the teenage is also accelerating the colour cosmetics market worldwide.
Influencing Trend:
Increasing Demand for Natural Color and Vegan Based Products in Cosmetics
Market Growth Drivers:
Increasing Demand for Personal Grooming Among the Populace, Growing Demand for Fast Beauty Solutions Products, Booming Beauty Industry and The Improved Lifestyle and Increasing Focus on Trendy Look
Challenges:
High Risk of Low-Quality Substitutes of Color Cosmetics and Services and Increasing Incidence of Serious Allergy Reactions
Restraints:
Stringent Government Regulations for Colour Cosmetics
Opportunities:
Increasing Research & Development Activities to Invent Advanced Cosmetic Formulations
The Color Cosmetics market study is being classified by Type (Nail Makeup, Facial Makeup, Eye Makeup, Lip Products, Hair Color Products and Other), by Application and major geographies with country level break-up.
Color Cosmetics market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance, along with try to incorporate latest technology. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Color Cosmetics market throughout the predicted period.
L'Oreal (France), Unilever (United Kingdom), Avon Products (United Kingdom), Lancome (France), P&G (United States), Dior (France), LVMH (France), Coty (United States), Chanel (France) and Estée Lauder Companies (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Shiseido (Japan), L'Occitane en Provence (Switzerland) and Henkel (Germany).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Color Cosmetics market by Type, Application and Region.
On the basis of geography, the market of Color Cosmetics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In February 2020, AptarGroup, Inc. The United States Based Company Has Acquired the Makeup Packaging Company Fusion PKG. This Acquisition Will Accelerate Speed To Market Solutions For Aptar’s Color Cosmetics Consumers And Also Targeting To Expand The Company’s Indie Beauty Brand Services. Moreover, Aptar Was Ranked 48 On Baron’s 2020 List of The Most Sustainable Companies in America.
In April 2022, L’Oreal Paris expanded its topselling Glow Paradise Lip Balm collection with more glossy lip colors to enhance a variety of lip tones for 2022. This new Glow Paradise Lip Balm is infused with hyaluronic acid to lock in hydration. Along with this company introduced the new Glow Paradise lipstick. This helped company to expand its presence in color cosmetics market
Key Target Audience
Color Cosmetics Product Manufacturers, Color Cosmetics Product Distributors, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others
Color Cosmetics Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Color Cosmetics Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Color Cosmetics industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.