Color cosmetics products such as nail paints, lipsticks, eye shadows, and more have gained immense popularity among various demographics across the globe. These products offer attributes like enhanced appearance, beautification, and confidence boosting. The wide variety of shades and textures allow users to experiment with different looks. Moreover, the introduction of innovative formulas which are long-lasting, cruelty-free and contain natural ingredients has further increased the adoption of these products.
The global Color Cosmetics Market is estimated to be valued at US$ 77.17 Billion in 2023 and is expected to exhibit a CAGR Of 23% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing demand for multifunctional and natural color cosmetics among consumers has emerged as a key trend in the market. Manufacturers are focusing on development of innovative products with added skincare benefits like anti-aging, moisturizing etc. along with the coloring attributes. For instance, products infused with vitamins, minerals, organic ingredients and botanical extracts are gaining popularity. Furthermore, the increasing adoption of social media platforms has enabled producers to directly connect with younger demographics and introduce trendy shades and looks frequently. The rising influence of digital media is thus acting as a strong driver for constant innovation and expansion of different product ranges in the color cosmetics market.
Segment Analysis
The global color cosmetics market is dominated by the Facial Makeup sub segment. The facial makeup sub segment accounts for the largest share in the market owing to the wide availability and demand for products such as foundation, concealer, compact powder, face powder etc. as people are more focused towards improving and enhancing their facial features with the application of color cosmetics.
Key Takeaways
The Global Color Cosmetics Market Demand is expected to witness high growth during the forecast period of 2023-2030. The market is estimated to reach a size of US$ 77.17 Billion by 2024, registering a CAGR of 23%.
Regional analysis
The Asia Pacific region is projected to experience the fastest growth in the color cosmetics market during the forecast period. The growth can be attributed to the rising disposable incomes, increasing modernization and adoption of western culture in countries such as India and China. Furthermore, increasing focus on beauty and personal grooming among the young population of Asia Pacific is also contributing to the rising demand for color cosmetics in the region.
Key players
Key players operating in the color cosmetics market are Desktop Metal, Formlabs, HP, 3D Hubs, WASP, GE Additive, Aleph Objects (Lulzbot), Apis Cor, 3D-Fuel (3DomFuel), Doob Group, E3D, Nano Dimension, Open Bionics, Zortrax, Nanoscribe GmbH, Monoprice, Stratasys, 3D Systems, Divergent3D, and Optomec. Desktop Metal, Formlabs and HP capture significant market share due to their diversified product portfolio and wide geographical presence.
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In this report, our team offers a comprehensive analysis of Color Cosmetics market, SWOT analysis of the most prominent players in this landscape.
Along with an industrial chain, market statistics in terms of revenue, sales, price, capacity, regional market analysis, segment-wise data, and market forecast information are offered in the full study, etc.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-color-cosmetics-market-2020-2026/request-sample This report focuses on top manufacturers in global market, Involved the assessment of Sales, price, revenue and market share for each manufacturer, covering• L'Oreal• Unilever• Estee Lauder• Shiseido• Amore Pacific• Avon• Chanel• LVMH• Coty• Clarins• Natura Cosmeticos• Revlon• Mary Kay• Kose• Kryolan• Carslan• Mariedalgar• Lansur• Maogeping On the basis of product, this report displays the Sales, revenue, price, market share and growth rate of each type, primarily split into• Facial Makeup• Lip Products• Eye Makeup• Nail Cosmetics• Others By Application, this report focuses on Sales, Market share and Growth Rate of each application, can be divided into• Offline• Online By Regions, this report splits global market into several key regions, with Sales, Revenue, Price and Gross Margin market share of top players in these regions, from 2014 to 2026 (forecast), like• China• USA• Europe• Japan• Korea• India• Southeast Asia• South America Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-color-cosmetics-market-2020-2026 Table of Contents Global Color Cosmetics Market Professional Survey Report 20191 Report Overview1.1 Definition and Specification1.2 Manufacturers and Region Overview1.2.1 Manufacturers Overview1.2.2 Regions Overview1.3 Type Overview1.3.1 Facial Makeup1.3.2 Lip Products1.3.3 Eye Makeup1.3.4 Nail Cosmetics1.3.5 Others1.4 Application Overview1.4.1 Offline1.4.2 Online1.5 Industrial Chain1.5.1 Color Cosmetics Industrial Chain1.5.2 Upstream1.5.3 Downstream 2.1 The Overall Market Performance(Volume)2.1.1 Facial Makeup2.1.2 Lip Products2.1.3 Eye Makeup2.1.4 Nail Cosmetics2.1.5 Others2.2 The Overall Market Performance(Value)2.2.1 Facial Makeup2.2.2 Lip Products2.2.3 Eye Makeup2.2.4 Nail Cosmetics2.2.5 Others 3 Global Color Cosmetics Market Assessment by Application3.1 Overall Market Performance (Volume)3.2 Offline3.3 Online Continued… Read all Reports of this category @ https://www.radiantinsights.com/catalog/consumer-goods About Radiant InsightsRadiant Insights is a platform for companies looking to meet their market research and business intelligence requirements.
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