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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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.
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