Color Cosmetics Market is expected to reach USD 77.7 Billion in 2020


Posted May 14, 2019 by Chemical-Research-Expert

The global color cosmetics market stood at USD 57.4 Billion in 2014 and it is expected to reach USD 77.7 Billion in 2020 with a CAGR of 5.7%.

 
The global color cosmetics market stood at USD 57.4 Billion in 2014 and it is expected to reach USD 77.7 Billion in 2020 with a CAGR of 5.7%.

Browse 63 tables and 46 figures spread through 156 Pages and in-depth TOC on "Color Cosmetics Market by Target Market (Prestige products and Mass products), by Application (Nail products, Lip products, Eye Make-up, Facial Make-up, Hair Color Products, Special Effects Products, and Others) and Geography - Regional Trends & Forecasts to 2020".

Download PDF Brochure @ http://bit.ly/2WCQsNw

The demand for color cosmetics is expected to register higher growth in the lip products, facial make-up products, nail products, and eye make-up products. The multi-benefit products are driving the color cosmetics market that provides additional characteristics such as anti-aging benefits and UV protection. This industry is highly dynamic which demands product differentiation and the manufacturers experiment with new textures and formats to survive in the competitive market.

The facial make-up market is registering fast growth and manufacturers are creating foundations that incorporate light-capturing crystals. With the rise of products for instance, anti-aging foundations, the foundations are being formulated with better skin care formulas. The lip care category is becoming more lucrative by offering products that combine shimmering, shiny textures with a long-lasting and caring formula as well as is contained in a stick form for ease of application.

The color cosmetics market is anticipated to show a high growth rate in the coming years. Applications such as lip products, facial make-up, nail products, and hair color products are predicted to show higher growth than other applications. The global color cosmetics market demand, by value is estimated to reach approximately USD 77.70 Billion by 2020.

Increasing consumer incomes, rise in awareness about personal care products, increasing consumer spending in color cosmetics, innovations of new products to cater to rising demand, rise in consciousness about appearance, growing beauty and personal care segment, and the rise in demand for color cosmetics to reduce age related imperfections is driving the market for color cosmetics.

This trend is projected to continue for the next five years. The rising financial stability of women and financial independence in the developing economies of Asia-Pacific such as China and India is projected to drive the color cosmetics market in this region.

North America and Europe are the leading regions for the consumption of color cosmetics. However, Europe and Asia-Pacific are projected to have the strongest consummation rates and dominate the color cosmetics market by 2020. The U.S. holds the largest share in the North American market while France holds the largest share in the European market. Asia-Pacific and the RoW regions are showing a significant increase in demand of color cosmetics.

Request Report Sample @ http://bit.ly/2WGOhsd

This report also includes the leading manufacturers’ profiles, such as L'Oréal Group (France), Estée Lauder Companies Inc. (U.S.), Avon Products Inc. (U.S.), Coty, Inc (France), Revlon Group (U.S.), and others.

For more Info Visit Blog: https://chemicalsresearchmarket.wordpress.com/blog/

About Us-
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets's™ flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact Us-
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Marketsandmarkets
Phone 18886006441
Business Address MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL
USA
Country United States
Categories Blogging
Tags color cosmetics , color cosmetics market , cosmetics
Last Updated May 14, 2019