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".

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Color cosmetics have wide applications in nail products, lip products, eye make-up, facial make-up, and other. Color cosmetics refer to the colorants and cosmetics ingredients that help to enhance the appearance of the human body. The color cosmetics include products such as eye shadows, foundations, nail paints, lipsticks, powers, and others. The color cosmetics are segmented on the basis of target markets such as prestige products and mass products. The prestige products are projected to register high CAGR than mass products in the next five years as the brand loyalty amongst prestige color cosmetics users is rising especially in the developed regions.

High color cosmetics demand in developing regions, such as Asia-Pacific and RoW
In Asia-Pacific, the Indian color cosmetics market is projected to register more than 20% growth by 2020 mainly due to rising consumer awareness and changing lifestyles amongst the India’s booming population. The Indian color cosmetics industry is projected to witness a shift from traditionally dominating existing domestic market players to international market players by 2020. Another reason for the growth of color cosmetics market in India is that the people are becoming more beauty conscious due to increased access to branded goods, and the increasing number of women workers who are enjoying increasing economic power and financial independence.

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.

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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 are projected to drive the color cosmetics market in this region.

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