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A recent report published by Infinium Global Research on color cosmetics market provides in-depth analysis of segments and sub-segments in global as well as regional color cosmetics market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional color cosmetics market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global color cosmetics market. According to the report the global color cosmetics market is projected to grow at a CAGR of 7.9% over the forecast period of 2018-2024.
Color cosmetics are personal care products that help to enhance the appearance of the human body. Color cosmetics denote to the colorants and cosmetic ingredients used for make-up, skin care, personal hygiene, hair care, fragrance, and oral care. Color cosmetics includes a large number of products such as foundations, eyeshadows, nail paints, powders, lipsticks, concealers, bronzers, and others.
Global Color Cosmetics market is showing a positive trend of development globally. There are many factors that are demonstrating a positive view of the market for the medium and long term. Factors such as self-desire to look attractive and young forever, increasing adverse effects of environmental pollution on the human body, societal effect, increasing consumer spending in color cosmetics are factors responsible for driving growth in the color cosmetics market. Furthermore, the innovation of new products, improving quality of life, technological advancement in color cosmetics is anticipated to further drive the market of color cosmetics globally.
On the basis of region, the color cosmetics market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America has the biggest market share in the color cosmetics market, followed by Europe, on account of growing the aging population, innovations in color cosmetics, high consumer disposable income and new product launches in this region. Asia region is expected to grow at the highest CAGR during the forecast period of 2018-2024, due to rising disposable income among the young generation, growing awareness about cosmetics, easily availability of beauty and cosmetics products, these factors would drive the market for the medium and long term in this region.
The report on global color cosmetics market covers segments such as target market and application. On the basis of the target market, the global color cosmetics market is categorized into prestige products and mass products. On the basis of application the global color cosmetics market is categorized into facial makeup, lip products, eye make-up, nail products, hair color products, and special effects products.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global color cosmetics market such as Unilever N.V., L’Oreal Group, Avon Products, Inc., The Estée Lauder Companies Inc., Kryolan Professional Make-up, Shiseido Co. Ltd., Chantecaille Beaute Inc., Coty Inc., Ciaté London, and Revlon Inc.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global color cosmetics market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of color cosmetics market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the color cosmetics market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the color cosmetics market to understand the present and future trends in this market and formulate their strategies accordingly.
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