What is Foundation Cream Market?
Foundation cream is a multi-colored facial makeup product applied to create an even, uniform color complexion. Foundation cream market has high growth prospects owing to increasing demand from the working women population. Further, growing online distribution channel, changing lifestyle standard, growing disposable income in the developing economies driving the demand for foundation cream. In addition, increasing demand for the different shaded in the foundation cream expected to drive the demand for foundation cream over the forecasted period.
The market study is being classified by Type (Concealer Foundation Cream, Moisturizing Foundation Cream and Other) and major geographies with country level break-up.
L’Oréal International (France), Lakme Cosmetics (India), Avon LLC (United Kingdom), Maybelline LLC (United States), Amway (United States), Oriflame Cosmetics AG (Sweden), Revlon Inc. (United States), Sephora (France) and Colorbar Cosmetics Pvt. Ltd (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Kao Corporation (Japan), Shiseido Company, Ltd. (Japan) and Estée Lauder (United States).
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Foundation Cream market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Foundation Cream market by Type, Application and Region.
On the basis of geography, the market of Foundation Cream 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Changing Lifestyle Standard Fueled By Rise in Disposable Income
- Growing Inclination towards Organic Cosmetic Products
Market Trend
- Increasing Demand for the Different Shades in the Foundation Creams
- Emphasizing On the Marketing and Promotional Activities
Restraints
- Stringent Government Regulations for the Content in the Cosmetic
- Harmful Health Effect of Cosmetics on the Skin
Opportunities
- Growing Online Distribution Channel for the Foundation Creams
- Increasing Demand from the Developing Economies
Challenges
- Increasing Number of Local Manufacturers
“FDA regulates cosmetics under the authority of the two most important laws pertaining to cosmetics marketed in the United States, Federal Food, Drug, and Cosmetic Act (FD&C Act) and the Fair Packaging and Labeling Act (FPLA). The FD&C Act prohibits the marketing of adulterated or misbranded cosmetics in interstate commerce. In addition, under the authority of the FPLA, FDA requires a list of ingredients for cosmetics marketed on a retail basis to consumers.”
Key Target Audience
Foundation Cream Manufacturers, Foundation Cream Distributors, Potential Investors, Government Agencies, Market Research Firms, Government Associations and Others