PUBLISHER: Lucintel | PRODUCT CODE: 1417736
PUBLISHER: Lucintel | PRODUCT CODE: 1417736
Color Cosmetic Trends and Forecast
The future of the global color cosmetic market looks promising with opportunities in the nail product, hair product, lip product, and face product markets. The global color cosmetic market is expected to reach an estimated $101.2 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are growing consumer awareness and inclination towards the use of color cosmetics, rising preferences for color cosmetics in the cosmetics and personal care industry, as well as, technological advancement and innovation in color cosmetics.
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Color Cosmetic by Segment
The study includes a forecast for the global color cosmetic by target market, application, and region.
List of Color Cosmetic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies color cosmetic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the color cosmetic companies profiled in this report include-
Color Cosmetic Market Insights
Lucintel forecasts that prestige product will remain the larger segment over the forecast period due to benefits of acquiring luxury products include boosting consumer spending and cultivating brand loyalty.
APAC will remain the largest region over the forecast period due to rising demand for skin care products from nations such as China, Japan, and India.
Features of the Global Color Cosmetic Market
Market Size Estimates: Color cosmetic market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Color cosmetic market size by target market, application, and region in terms of value ($B).
Regional Analysis: Color cosmetic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different target market, application, and regions for the color cosmetic market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the color cosmetic market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the color cosmetic market size?
Answer: The global color cosmetic market is expected to reach an estimated $101.2 billion by 2030.
Q1. What is the growth forecast for color cosmetic market?
Answer: The global color cosmetic market is expected to grow with a CAGR of 6.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the color cosmetic market?
Answer: The major drivers for this market are growing consumer awareness and inclination towards the use of color cosmetics, rising preferences for color cosmetics in the cosmetics and personal care industry, as well as, technological advancement and innovation in color cosmetics.
Q3. What are the major segments for color cosmetic market?
Answer: The future of the global color cosmetic market looks promising with opportunities in the nail product, hair product, lip product, and face product markets.
Q4. Who are the key color cosmetic market companies?
Answer: Some of the key color cosmetic companies are as follows.
Q5. Which color cosmetic market segment will be the largest in future?
Answer: Lucintel forecasts that prestige product will remain the larger segment over the forecast period due to benefits of acquiring luxury products include boosting consumer spending and cultivating brand loyalty.
Q6. In color cosmetic market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rising demand for skin care products from nations such as China, Japan, and India.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.