The global color cosmetics market is estimated to be valued at USD 82.24 Bn in 2024 and is expected to exhibit a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031. The global color cosmetics market has been witnessing steady growth in the recent years. Rising fashion consciousness along with increasing disposable incomes in emerging countries has boosted makeup adoption globally. Growing popularity of advanced makeup products catering to changing beauty standards across cultures has accelerated the market expansion. Moreover, widespread usage of social media along with influential beauty bloggers and celebrities promoting cosmetics trends has positively impacted the industry dynamics. Continuous product innovation coupled with rising demand for organic, natural and multifunctional color cosmetics will likely drive the global color cosmetics market during the forecast period.
Market Dynamics:
The key drivers fueling the global color cosmetics market growth include growing fashion consciousness among millennial population and increasing spending on personal grooming products. Wide availability of color cosmetics across various distribution channels along with advertising of new launches on social media and digital platforms has increased the product reach. Moreover, rising popularity of multi-functional and long-lasting makeup formulations are augmenting the demand. However, stringent regulations regarding ingredients and packaging together with availability of counterfeit products may hinder the market growth. On the other hand, increasing focus of key players on organic and sustainable product offerings is expected to create growth opportunities for color cosmetics market.
Key Features of the Study
- This report provides in-depth analysis of the global color cosmetics market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global color cosmetics market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Beiersdorf, Krylon, Estee Lauder Companies Inc., Amway, Avon Products Inc., CHANEL, CIATÉ, Coty Inc, Johnson & Johnson, KRYOLAN, L'Oréal S.A, Revlon, Inc., Shiseido Company Limited, Unilever, HCP Wellness, AG Organica, Koel Colours, FabLay, Natura & Co., and Gorgeous Cosmos Pvt.Ltd
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global color cosmetics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global color cosmetics market.
Detailed Segmentation-
- By Product Type:
- Nail care
- Lip Care
- Eye Make-up
- Face Make-up
- Others
- By Distribution Channel:
- Hypermarkets/Supermarkets
- Specialty stores
- Online Stores
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Beiersdorf
- Krylon
- Estee Lauder Companies Inc.
- Amway
- Avon Products Inc.
- CHANEL
- CIATÉ
- Coty Inc
- Johnson & Johnson
- KRYOLAN
- L'Oréal S.A
- Revlon, Inc.
- Shiseido Company Limited
- Unilever
- HCP Wellness
- AG Organica
- Koel Colours
- FabLay
- Natura & Co.
- Gorgeous Cosmos Pvt.Ltd