Color Cosmetics Market Size, Share & Trends Analysis Report By Product (Nail Products, Lips Products, Eye Products, Hair Products), By DC (Offline, Online), By Region (North America, Europe), And Segment Forecasts, 2024

Description

Color Cosmetics Market Growth & Trends:

The global color cosmetics market size is expected to reach USD 111.07 billion by 2030, expanding at a CAGR of 7.2% from 2024 to 2030, according to a new report by Grand View Research, Inc., Growing consciousness about physical appearance, along with rising purchasing power in the developing countries such as India, China, and Brazil, is driving the market for the products.

Furthermore, rapid adoption of the western lifestyle has increased the consumer spending on personal care products. Furthermore, rising women participation in the global workforce has boosted the demand across the world. This women workforce is expected to raise the demand for beauty products in the near future as it represents the main consumer category of the industry.

Facial products dominated the market, accounting for over 25.0% share of the total revenue in 2018. Popular facial products include facial foundation, powder, concealer, and bronzer. Growing penetration of social medial and online makeup tutorials has been propelling the demand of the facial products over the world. Over the past few years, waterproof and sweat proof makeups have gained significant popularity among the women, especially during summer.

Asia Pacific is expected to be the fastest growing regional market. Increasing per capita income in countries such as China, India, Indonesia, and Brazil has provided consumers the space to spend more on premium personal care products. Rapid urbanization in these nations has helped in expanding the consumer base of the industry. China makes a considerable contribution to the growth as Chinese travelers has fueled the sales of the color cosmetics significantly. They accounted for 45% of sales of the travel retails in the world. L'Oreal has partnered with the local start-ups of Japan, China, and India to strengthen its presence in these lucrative markets.

Some of the key players are L'Oreal S.A.; Estee Lauder Companies Inc.; Unilever; Shiseido Company, Limited; Avon Products, Inc.; Revlon Inc.; Coty Inc.; Ciate London; CHANTECAILLE BEAUTE; and Kryolan. Major companies are also considering the digital medium as an important tool for marketing. On an average, L'Oreal annually spends around 30% of marketing budget on the digital advertising. The company has started a digital campaign - Beauty Squad, through which it sells articles and videos with the help of the social influencers.

Color Cosmetics Market Report Highlights:

The facial product segment dominated the market with a revenue share of 29.2% in 2023.This dominance can be attributed to increasing consumer awareness about skin health.
The nail product segment is expected to grow at the highest CAGR of 8.5% from 2024 to 2030.
Offline distribution channels accounted for the largest revenue share in 2023. Offline distribution channels consist of a variety of retail stores, hypermarkets, and specialty stores, which are favorable for consumers as they get to judge the products physically and can get extra information and services on the stores and outlets where they have been purchasing the product.
The online distribution channel segment is projected to grow at a significant pace in the coming years. The increase in the use of smartphones and high-speed internet has improved connectivity between consumers and products.
Asia Pacific dominated the market with a revenue share of 33.4% in 2023. Robust growth characterizes the color cosmetics market in the Asia Pacific region, driven by several factors including rising disposable income, evolving beauty standards, and a burgeoning youth population.

Product Code: GVR-3-68038-335-5

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Color Cosmetics Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Billion)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Color Cosmetics Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Color Cosmetics Market: Product Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Color Cosmetics Market: Product Movement Analysis, 2024 & 2030 (USD Billion)
4.3. Nail Product
- 4.3.1. Nail Product Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.4. Lip Product
- 4.4.1. Lip Product Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.5. Eye Product
- 4.5.1. Eye Product Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.6. Hair Product
- 4.6.1. Hair Product Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.7. Facial Product
- 4.7.1. Facial Product Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
4.8. Others Product
- 4.8.1. Others Product Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)

Chapter 5. Color Cosmetics Market: Distribution Channel Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Color Cosmetics Market: Distribution Channel Movement Analysis, USD Billion, 2024 & 2030
5.3. Online DC
- 5.3.1. Online DC Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)
5.4. Offline DC
- 5.4.1. Offline DC Learning Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Billion)

Chapter 6. Color Cosmetics Market: Regional Estimates & Trend Analysis

6.1. Color Cosmetics Market Share, By Region, 2024 & 2030, USD Billion
6.2. North America
- 6.2.1. North America Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.2. U.S.
  - 6.2.2.1. U.S. Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.3. Canada
  - 6.2.3.1. Canada Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.2.4. Mexico
  - 6.2.4.1. Mexico Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.3. Europe
- 6.3.1. Europe Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.2. U.K.
  - 6.3.2.1. U.K. Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.3. Germany
  - 6.3.3.1. Germany Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.4. France
  - 6.3.4.1. France Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.5. Spain
  - 6.3.5.1. Spain Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.3.6. Italy
  - 6.3.6.1. Italy Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.4. Asia Pacific
- 6.4.1. Asia Pacific Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.2. China
  - 6.4.2.1. China Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.3. Japan
  - 6.4.3.1. Japan Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.4. India
  - 6.4.4.1. India Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.5. South Korea
  - 6.4.5.1. South Korea Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.4.6. Australia
  - 6.4.6.1. Australia Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.5. Latin America
- 6.5.1. Latin America Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 6.5.2. Brazil
  - 6.5.2.1. Brazil Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
6.6. Middle East and Africa
- 6.6.1. South Africa
  - 6.6.1.1. South Africa Color Cosmetics Market Estimates and Forecasts, 2018 - 2030 (USD Billion)

Chapter 7. Competitive Landscape

7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
- 7.4.1. L'Oreal
  - 7.4.1.1. Participant's Overview
  - 7.4.1.2. Financial Performance
  - 7.4.1.3. Product Benchmarking
  - 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Unilever
  - 7.4.2.1. Participant's Overview
  - 7.4.2.2. Financial Performance
  - 7.4.2.3. Product Benchmarking
  - 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. Estee Lauder Inc.
  - 7.4.3.1. Participant's Overview
  - 7.4.3.2. Financial Performance
  - 7.4.3.3. Product Benchmarking
  - 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. Avon
  - 7.4.4.1. Participant's Overview
  - 7.4.4.2. Financial Performance
  - 7.4.4.3. Product Benchmarking
  - 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. Shiseido Company,Limited
  - 7.4.5.1. Participant's Overview
  - 7.4.5.2. Financial Performance
  - 7.4.5.3. Product Benchmarking
  - 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. Coty Inc.
  - 7.4.6.1. Participant's Overview
  - 7.4.6.2. Financial Performance
  - 7.4.6.3. Product Benchmarking
  - 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. REVLON
  - 7.4.7.1. Participant's Overview
  - 7.4.7.2. Financial Performance
  - 7.4.7.3. Product Benchmarking
  - 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. Brand Agency London
  - 7.4.8.1. Participant's Overview
  - 7.4.8.2. Financial Performance
  - 7.4.8.3. Product Benchmarking
  - 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. Kryolan
  - 7.4.9.1. Participant's Overview
  - 7.4.9.2. Financial Performance
  - 7.4.9.3. Product Benchmarking
  - 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. CHANTECAILLE BEAUTE
  - 7.4.10.1. Participant's Overview
  - 7.4.10.2. Financial Performance
  - 7.4.10.3. Product Benchmarking
  - 7.4.10.4. Recent Developments/ Strategic Initiatives

Color Cosmetics Market Size, Share & Trends Analysis Report By Product (Nail Products, Lips Products, Eye Products, Hair Products), By DC (Offline, Online), By Region (North America, Europe), And Segment Forecasts, 2024 - 2030