Face Compact Market By Skin Type (Combination Skin, Dry Skin, Oily Skin, Sensitive Skin, Others), By End User (Men, Women), By Distribution Channel (Direct Sales, Indirect Sales): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global face compact market size was valued at $1,287.2 million in 2021 and is projected to reach $2,223.8 million by 2031, registering a CAGR of 5.7%. Compact powder is one of the most important cosmetics to keep on hand for the ultimate touch-up while traveling. It assists in removing excess oil and perspiration from the face while stabilizing the complexion. It is the most widely used product for adding buildable coverage to the skin and setting makeup for several hours. In addition, compact powder minimizes imperfections while enhancing the inherent shine of the skin.
The use of cosmetics has evolved into a crucial social control strategy. Customers might conceal concerns, faults, or facial features with cosmetics if they don't want others to notice them. People use makeup as a transient mask to change or enhance their appearance. It is employed in motion pictures, live performances, and online forums. According to scientific studies, cosmetics encourage sexual dimorphic features, giving women a more appealing appearance. The difference in luminance and color of different face features, such as the eyes, lips, nose, and eyebrows. The depth of the cheekbones and other surface areas are molded and deepened to achieve this with cosmetic treatments like face compact. Globally, there is a growth in demand for face compact powder as a result of expanding social media usage and societal standards. As a result, the face compacts market is anticipated to grow quickly.
It has been highlighted that the cosmetics sector initially only attracted a small number of companies and men globally. In addition, companies concentrated mostly on goods targeted at women consumers due to the enormous demand. But throughout time, most male consumers globally tended to choose cosmetics, including various makeup products like facial compacts, in order to seem attractive. Moreover, it is anticipated that the demand for face compacts would rise due to the desire to seem appealing in the fashion and entertainment industries. Furthermore, opinions of men toward cosmetics have changed through time, and they now more than ever acknowledge that wearing cosmetics may make them look better. Before ever making the switch to providing care for men, some businesses gain from their stellar reputations while already serving the needs of women, which gives them credibility, an aura of expertise, and the required financial resources. As a result, these businesses are expected to gain from client loyalty and trust, and they also tend to maximize profits from the goods they sell to the male market.
However, face compact powder may both produce a light, natural appearance and absorb extra skin oils. Face compact powder is also anticipated to stay in place than any liquid makeup because of its sweat resistance property. Some women prefer face compact powder over foundation. It may be fairly harmless when used moderately. However, there are drawbacks to using this cosmetic product regularly. It might absorb too much natural oil from the face, which might be bad for the skin and increase the likelihood of breakouts and clogged pores. Frequent use of face powders has the significant drawback of increasing the danger of face powder poisoning, a deadly disorder. According to Drugwatch, accidentally breathing in makeup products like facial compact powder may be very harmful. Inhalation exposure may cause breathing problems, throat burning, coughing, and eye pain, among other symptoms. It is therefore expected that the adverse effects of regular use is anticipated to limit market growth.
The face compact market is segmented on the basis of skin type, end user, distribution channel, and region. On the basis of skin type, the market is categorized into combination skin, oily skin, dry skin, sensitive skin, and others. On the basis of end users, the face compact market is bifurcated into men and women. On the basis of distribution channel, the market is bifurcated into direct and indirect sales. The distribution channel is further classified. On the basis of indirect sales, the market is categorized into hypermarkets/supermarkets, E-commerce, specialty stores, and others. On the basis of region, the market is studied across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, Switzerland, and the Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and the Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, UAE, Argentina and the Rest of LAMEA).
The major players operating in the global winter footwear are M.A.C, Colorbar Cosmetics, L'Oréal l, Fenty Beauty, Laura Mercier, Kosas, NARS Cosmetics, NYX Cosmetics, IT Cosmetics, Huda Beauty, Lakmé, SUGAR Cosmetics, Revlon, Rimmel London, Chanel, Chambor, Bourjois and Faces Canada.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the face compact market analysis from 2021 to 2031 to identify the prevailing face compact market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the face compact market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global face compact market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy Skin TypeCombination Skin
Dry Skin
Oily Skin
Sensitive Skin
Others
By End UserMen
Women
By Distribution ChannelDirect Sales
Indirect Sales
Subtype
Hypermarket/Supermarket
Specialty Stores
E-commerce
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Switzerland
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
UAE
Argentina
Rest of LAMEA
Key Market Players
Coty Inc.
Chanel
Revlon, Inc.
Kendo Holdings, Inc.
ColorBar Cosmetics Pvt. Ltd.
Vellvette Lifestye Private Limited
LOREAL S. A.
The Estee Lauder Companies Inc.
NARS Cosmetics
Kosas Cosmetics, LLC
Hindustan Unilever Limited
HB USA Holdings, Inc.
Baccarose
Laura Mercier Cosmetics
The Procter & Gamble Company
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