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The global color cosmetics market reached a value of US$ 72.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 106.0 Billion by 2027, exhibiting a CAGR of 6.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Color cosmetics are makeup products, such as foundation, eye shadow, lipstick, and blush, which are used by individuals to enhance facial features and boost their self-esteem. They are manufactured using a combination of core ingredients, including water, emulsifiers, preservatives, thickeners, emollients, pigments, fragrances, and pH stabilizers. Nowadays, several manufacturers are offering hybrid color cosmetics that also provide therapeutic benefits to the skin. For instance, a foundation that reduces fine lines and wrinkles or a concealer that helps treat acne.
The growing urban population, inflating income levels, and the increasing consciousness among individuals about their physical appearances are among the key factors influencing the market positively. Moreover, the development of social commerce platforms that enable consumers to interact with brands or purchase a product or service via non-traditional channels, online forums, or social media platforms is bolstering the market growth. In addition, with the rising use of social media and advanced data analysis, brands are increasingly delivering relevant and targeted advertisements to consumers for expanding the sales of color cosmetics across the world. Besides this, the introduction of virtual try-on features in online apps, which allow consumers to try makeup products in real-time and obtain a personalized skin analysis and skincare routine, is contributing to the market growth. Apart from this, due to the growing consumer awareness of natural cosmetics, companies are focusing on replacing synthetic ingredients with natural plant-based colorants. This can also be attributed to a considerable shift towards sustainable raw materials due to increasing environmental consciousness. Furthermore, the introduction of premium color cosmetics in innovative packaging designs is anticipated to create a positive outlook for the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global color cosmetics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on target market, distribution channel and application.
Breakup by Target Market:
Breakup by Distribution Channel:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Avon Products Inc. (Natura & Co), Chantecaille Beauté (Beiersdorf AG), Ciaté London (Brand Agency London), Coty Inc., Kryolan, L'Oréal S.A., Revlon Inc., Shiseido Company Limited, The Estée Lauder Companies Inc. and Unilever plc.
|Base Year of the Analysis||2021|
|Segment Coverage||Target Market, Distribution Channel, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Avon Products Inc. (Natura & Co), Chantecaille Beauté (Beiersdorf AG), Ciaté London (Brand Agency London), Coty Inc., Kryolan, L'Oréal S.A., Revlon Inc., Shiseido Company Limited, The Estée Lauder Companies Inc. and Unilever plc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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