Global Color Cosmetics Market Size, Share & Growth Forecast 2032
- Pallavi Garudkar
- 5 hours ago
- 3 min read
The Global Colour Cosmetics Market has recently been analyzed and explored by Fortune Business Insights™ in their latest market research report. The team of dedicated analysts and researchers has gone to great lengths to provide a comprehensive overview of both current and future scenarios pertaining to the Colour Cosmetics Market. As a result, this report is packed with valuable insights that will be highly advantageous for industry players looking to maintain a competitive edge.
The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry's potential and provide information that will help companies to make informed decisions. The Colour Cosmetics Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.
Get a Free Sample PDF Brochure:
Forecast Growth Projected:
The global color cosmetics market size was valued at USD 77.73 billion in 2023 and is projected to grow from USD 82.16 billion in 2024 to USD 128.11 billion by 2032, exhibiting a CAGR of 5.7% during the forecast period.
List of the Key Players in the Colour Cosmetics Market:
L'Oréal S.A (France)
Unilever (U.K.)
Avon Products Inc. (U.K.)
Estée Lauder Inc (U.S.)
Shiseido Company, Limited (Japan)
Revlon, Inc. (U.S.)
Coty Inc. (U.S.)
Amway (U.S.)
KRYOLAN (Germany)
CIATÉ (U.K.)
CHANEL (France)
Segments:
Prestige Products Segment to Witness Significant Growth with Rising Demand for Luxury GoodsBy target market, the color cosmetics industry is divided into mass products and prestige products. The prestige products segment held a dominant market share and is projected to record notable growth over the forecast period. This expansion is primarily driven by growing consumer awareness regarding the benefits of premium-quality products for facial and body care.
Offline Distribution Channel to Maintain Strong Position Despite E-Commerce GrowthBased on distribution, the market is segmented into online and offline channels. The offline segment is expected to expand steadily throughout the study period, supported by consumer preference for physical product demonstrations before purchase, which enhances buying confidence.
Face Products Segment to Register Robust Expansion with Rising Beauty AwarenessOn the basis of application, the market is categorized into hair products, nail products, lip products, face products, and others. Among these, the face products segment is anticipated to grow significantly during the forecast timeline. The surge is attributed to rising consumer awareness of beauty trends and the increasing adoption of facial beautification products.
Geographical CoverageThe color cosmetics market has been analyzed across Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Report Coverage:
The report provides an extensive analysis of the major factors driving industry growth, key trends shaping the market outlook, and the initiatives undertaken by leading players to strengthen their global presence.
Drivers and Restraints:
Market Growth Supported by Shift Toward Organic Cosmetic ProductsThe rising inclination of consumers toward organic and chemical-free cosmetics is a major factor fueling the market growth. Increasing disposable income in emerging economies further supports industry expansion.
Environmental Concerns May Hinder GrowthHowever, growing awareness regarding environmental preservation and sustainability could restrain the market’s pace of expansion.
Regional Insights:
Asia Pacific to Dominate with Rising Demand for Skin Care ProductsThe Asia Pacific market is set to lead the global landscape, primarily driven by the soaring demand for skincare products in countries such as India, Japan, and China.
North America to Exhibit Strong Growth Backed by High Spending PowerThe North America market is expected to register appreciable growth throughout the forecast period, supported by high disposable income levels and advancements in cosmetic technology.
Competitive Landscape:
Key Players Focus on Collaborations and Product InnovationLeading companies are pursuing strategies such as acquisitions, collaborations, mergers, and partnerships to expand their market reach. Additionally, firms are increasing investments in R&D activities and launching innovative products to strengthen their competitive edge.
Key Industry Development:
March 2021 – Shiseido Company introduced BAUM, a new skincare brand featuring 45 items across 27 products. This launch reflects the company’s commitment to building a sustainable society by addressing social challenges and reducing environmental impact.
Get Your Customization Research Report:
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Contact Us:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower,
Baner - Mahalunge Road, Baner,
Pune-411045, Maharashtra, India.
Phone:
US: +18339092966
UK: +448085020280
APAC: +91 744 740 1245Email: sales@fortunebusinessinsights.com
Comments