Global Facial Makeup Market 2024-2028
The facial makeup market is forecasted to grow by USD 31.4 bn during 2023-2028, accelerating at a CAGR of 6.79% during the forecast period. The report on the facial makeup market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for bb and cc creams, growing innovation in facial makeup products, and social media and celebrity endorsement.
Technavio's facial makeup market is segmented as below:
- By Product Type
- Foundation
- Face powder
- Concealer
- Others
- By Distribution Channel
- Offline
- Online
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing preference for online shopping as one of the prime reasons driving the facial makeup market growth during the next few years. Also, increase in facial makeup product launches and growing mergers and acquisitions of vendors in market in focus will lead to sizable demand in the market.
The report on the facial makeup market covers the following areas:
- Facial makeup market sizing
- Facial makeup market forecast
- Facial makeup market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading facial makeup market vendors that include Amway Corp., Chanel Ltd., Coty Inc., Dr. Babor GmbH and Co. KG, Groupe Clarins, Grupo Boticario, Kao Corp., Kose Corp., LOreal SA, Lotus Herbals Pvt. Ltd., LVMH Group., Mary Kay Inc., Natura and Co Holding SA, Nature Republic OC, Nutriglow Cosmetics Pvt. Ltd., Oriflame Cosmetics S.A., Revlon Inc., Shiseido Co. Ltd., The Estee Lauder Companies Inc., and The Procter and Gamble Co.. Also, the facial makeup market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.