The global facial makeup market is expected to display momentous growth in forthcoming years. The facial makeup industry is expected to rise unwittingly because of a conscious effort to bolster their looks on part of consumers and well-groomed look has a lot to do with it. Thus, there is a growing demand for facial makeup products and these products play a decisive role in enhancing facial lines and beauty. Hence these factors play up to market strength in boosting facial makeup industry significantly.
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The market is expected to gain significantly from Blemish Base (BB) and Color Correcting Creams (CC). The facial makeup market is expected to witness significant traction in Asia Pacific. Countries such as India and China excluding Japan are expected to emerge as the leading regional market for facial make up industry in the forthcoming years at a rising CAGR due to higher purchasing power of buyers Asia Pacific over the past years that has come to be and will remain furthermore ensuring the dominance of facial make up industry in this region.
Supermarkets and hypermarkets have come up as the most prominent sales channel to carve a niche for facial products worldwide. It is predicted that supermarkets and hypermarkets will maintain supremacy throughout forecast period. But since inception of e-commerce, the sales are expected to pick up growth in the coming period. Segmentation of this industry by product type includes face powder, foundation, concealer, blush, bronzer, contouring and highlighting, primer and palette.
Segmentation of facial makeup industry by sales channel includes supermarket, hypermarket, pharmacies, health and beauty retailer and E-commerce. Segmentation of this market by price includes economic and premium. By source, segmentation of the industry by source includes chemical, natural, organic, and halal. By geography, segmentation of facial makeup market includes North America, Europe, Asia Pacific, MEA, and Latin America.
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A fetish for a well-groomed personality and polished looks gives great significance to growth of facial makeup industry. The consumers’ shift in preference towards organic beauty products well trenched in Europe and U.S fosters growth of facial makeup industry. The key industry players in facial makeup market include Coty, Loreal, LVMH and Shishiedo, Amway, Aveda, Avon Products, Chanel, Clarins, Oriflame, and Revlon.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Face Powder
• Contouring and Highlighting
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Supermarkets and Hypermarkets
• Cosmetics and Skin Care Products Stores
• Online Retailers