The global color cosmetics market is expected to grow at a CAGR of 7.0% during the forecast period (2022-2028). The market is segmented based on product and distribution channel. Based on product, the market is segmented into foundation, eye shadow, nailpaint, powder, lipstick and concealer. Based on distribution channel, the market is segmented into online and offline. Concealer is used in same way as a foundation. It is thick in layer and is used to hide dark circles, age spots. It hides pigments and blends necessary imperfections of the skin. Concealer is applied on top of the foundation. Fine lines on the skin is natural and comes with age. Concealer formulae is used in order to hide the fine lines. Shade is choosen which is darker than the natural skin color. A creamy concealer is choosen for this type. Cheek bones are highlighted by using concealer.
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Artists are paving way for more products in the market under their personal brands. For instance, in March 2022, Music artist Ashley has personal brand which deals with color cosmetics and launched a color focused collection. Three products are there in this range. It can applied solo or can be mixed with other products to create a make up layer. Shadow mix is a new eye shadow primer. Some major players in the market include L’Oreal S.A, Unilever plc, and The Estée Lauder Companies Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in July 2021, Coty Inc. announced the relaunch of Kylie cosmetics. It will offer new products which are vegan in nature. Packaging of the products is completely changed. Users will be able to shop the products of the brands through brick and mortar retailers. Online availability will also be made. Brand offer products in color cosmetics.
Competitive Landscape-
L’Oreal S.A, Unilever plc, and The Estée Lauder Inc., among others.
By Product
Foundation
Eye Shadow
Nailpaint
Powder
Lipstick
Concealer
By Distribution Channel
Online
Offline
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Scope of the Report
The research study analyzes the Global Color Cosmetics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Color Cosmetics Market Report
1. What was the Global Color Cosmetics Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Color Cosmetics Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Color Cosmetics Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Color Cosmetics market.
- The market share of the Global Color Cosmetics market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Color Cosmetics market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Color Cosmetics market.
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