Research Offers 10-Year Forecast on Colour Cosmetics Market
Global market of colour cosmetics is sub-segmented into seven key regions- North America, Latin America, East Europe, West Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa. Presently, the colour cosmetics market is mainly concentrated in the North American and European region mainly due to innovations in colour cosmetics, high consumer disposable income and new product launches (e.g. advanced nail varnishes and BB creams) in colour cosmetic market in these regions. In terms of revenue share contribution, the United States is the biggest cosmetic market in the world. In Europe, UK dominates over the major market share mainly due to the continuous upsurge in the demand for prestige colour cosmetics.
Global market of colour cosmetics is sub-segmented into seven key regions- North America, Latin America, East Europe, West Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa. Presently, the colour cosmetics market is mainly concentrated in the North American and European region mainly due to innovations in colour cosmetics, high consumer disposable income and new product launches (e.g. advanced nail varnishes and BB creams) in colour cosmetic market in these regions. In terms of revenue share contribution, the United States is the biggest cosmetic market in the world. In Europe, UK dominates over the major market share mainly due to the continuous upsurge in the demand for prestige colour cosmetics.
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Global <strong>Colour</strong><br />
<strong>Cosmetics</strong> <strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, <str<strong>on</strong>g>Research</str<strong>on</strong>g>, Report,<br />
Opportunities,<br />
Segmentati<strong>on</strong> and <str<strong>on</strong>g>Forecast</str<strong>on</strong>g>,<br />
2015 – 2025<br />
Future <strong>Market</strong> Insights<br />
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Report Descripti<strong>on</strong><br />
<strong>Colour</strong> cosmetics are the pers<strong>on</strong>al care products used for enhancing the appearance of the<br />
human body. <strong>Colour</strong> cosmetics refer to the Colorants and cosmetic ingredients used for makeup,<br />
skin care, fragrance, oral care, hair care and pers<strong>on</strong>al hygiene. The <strong>Colour</strong> cosmetics market<br />
is anticipated to show gradual upsurge in the near future mainly due to the factors such as<br />
growing customer loyalty, innovati<strong>on</strong>s in colour cosmetic products, and rising demand for<br />
organic cosmetic products. The colour cosmetics market is booming across the developed and<br />
developing regi<strong>on</strong>s owing mainly to the increasing interest of c<strong>on</strong>sumers in exploring new<br />
advanced products and the introducti<strong>on</strong> of more pleasing formulas and beauty products by<br />
manufacturers.<br />
Global <strong>Colour</strong> <strong>Cosmetics</strong> <strong>Market</strong> Segmentati<strong>on</strong>:<br />
On the basis of applicati<strong>on</strong>, colour cosmetics market can be segmented into:<br />
• Eye Make-Up - Eye Liner/Pencil, Eye Shadow, Mascara and Other Eye Make-Up<br />
• Facial Make-Up - Blusher/Br<strong>on</strong>zer/Highlighter, Foundati<strong>on</strong>/C<strong>on</strong>cealer, Powder<br />
• Lip Products - Lip Gloss, Lip Liner/Pencil, Lipstick and Other Lip Products<br />
• Nail Products - Nail Polish, Nail Treatments/Strengthener, Polish Remover and Other Nail<br />
Products<br />
Special effects and special purpose products like advanced nail varnishes and blemish balm (BB)<br />
creams, are also expected to witness a healthy growth during the forecast period.
Report Descripti<strong>on</strong><br />
Global market of colour cosmetics is sub-segmented into seven key regi<strong>on</strong>s- North America,<br />
Latin America, East Europe, West Europe, Asia Pacific excluding Japan, Japan and Middle East &<br />
Africa. Presently, the colour cosmetics market is mainly c<strong>on</strong>centrated in the North American and<br />
European regi<strong>on</strong> mainly due to innovati<strong>on</strong>s in colour cosmetics, high c<strong>on</strong>sumer disposable<br />
income and new product launches (e.g. advanced nail varnishes and BB creams) in colour<br />
cosmetic market in these regi<strong>on</strong>s. In terms of revenue share c<strong>on</strong>tributi<strong>on</strong>, the United States is<br />
the biggest cosmetic market in the world. In Europe, UK dominates over the major market share<br />
mainly due to the c<strong>on</strong>tinuous upsurge in the demand for prestige colour cosmetics.<br />
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<str<strong>on</strong>g>10</str<strong>on</strong>g>19<br />
Asia Pacific regi<strong>on</strong>, especially China and India, is expected to show highest growth rate in this<br />
segment in the coming years due to the increasing disposable incomes and rising awareness<br />
about pers<strong>on</strong>al care products in the regi<strong>on</strong>. In turn the regi<strong>on</strong> is also expected to experience a<br />
shift from traditi<strong>on</strong>al products towards products with vast varieties offered by internati<strong>on</strong>al<br />
players.<br />
The increasing c<strong>on</strong>sciousness towards colour cosmetics, especially in India, can be owed to the<br />
effective advertising and marketing of these products chasing the increased spending power<br />
from the growing number of women in the working class of the country.
Report Descripti<strong>on</strong><br />
<strong>Colour</strong> <strong>Cosmetics</strong> <strong>Market</strong> Dynamics:<br />
The global colour cosmetics market is expected to grow at a healthy CAGR during the forecast<br />
period due the factors such as c<strong>on</strong>tinuous rise in c<strong>on</strong>sumer c<strong>on</strong>stancy for colour cosmetics, rise<br />
in demand for colour cosmetics to c<strong>on</strong>trol age-related skin imperfecti<strong>on</strong>s, innovati<strong>on</strong>s in product<br />
formulati<strong>on</strong>s and increasing demand for organic products in this segment.<br />
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Additi<strong>on</strong>ally, attractive packaging and growing fashi<strong>on</strong> trends al<strong>on</strong>g with the increasing<br />
c<strong>on</strong>sumer health awareness about the pers<strong>on</strong>al care are expected to drive the global market for<br />
colour cosmetics. The growth of the market is hampered to a certain extent by the factors like<br />
ec<strong>on</strong>omic downturns, high cost of quality chemicals, strict government regulati<strong>on</strong>s and high<br />
price related to packaging etc. Prestige products and mass products are the prime opportunity<br />
market for colour cosmetics market. Although the mass products are expected to witness a<br />
higher CAGR than prestige products during the forecast period but the demand for prestige<br />
products is also expected to experience steady upsurge due to rising customer loyalty.
Report Descripti<strong>on</strong><br />
<strong>Colour</strong> <strong>Cosmetics</strong> <strong>Market</strong>: Key Players<br />
Major players in the global colour cosmetics market are The L'Oréal Group, Av<strong>on</strong> Products Inc.,<br />
Procter and Gamble Co., Estée Lauder Inc., Clarins Group, Alliance Boots GmbH Inc., Benefit<br />
<strong>Cosmetics</strong> LLC, Chanel S.A, Chantecaille, Ciaté, Revl<strong>on</strong> Group, Coty SAS, Lvmh (Louis Vuitt<strong>on</strong><br />
Moet Hennessy), Johns<strong>on</strong> & Johns<strong>on</strong> Private Limited, Lush <strong>Cosmetics</strong>, Maesa Group, Unilever<br />
Inc. and Nails Inc.<br />
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