Global Makeup & Cosmetics Market Growth 2023-2029

Global Makeup & Cosmetics Market Growth 2023-2029

Cosmetics are substances or products used to enhance or alter the appearance of the face or fragrance and texture of the body. Many cosmetics are designed for use of applying to the face, hair, and body. They are generally mixtures of chemical compounds; some being derived from natural sources (such as coconut oil), and some being synthetics or artificial. Common cosmetics include lipstick, mascara, eye shadow, foundation, skin cleansers and body lotions, shampoo and conditioner, hairstyling products (gel, hair spray, etc.), perfume and cologne.

LPI (LP Information)' newest research report, the “Makeup & Cosmetics Industry Forecast” looks at past sales and reviews total world Makeup & Cosmetics sales in 2022, providing a comprehensive analysis by region and market sector of projected Makeup & Cosmetics sales for 2023 through 2029. With Makeup & Cosmetics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Makeup & Cosmetics industry.

This Insight Report provides a comprehensive analysis of the global Makeup & Cosmetics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Makeup & Cosmetics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Makeup & Cosmetics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Makeup & Cosmetics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Makeup & Cosmetics.

The global Makeup & Cosmetics market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

With the growth of population and improved standards of living, the demand for cosmetics is expected to drive the market. growing consumer demand for several skin-care care products such as face masks, peels, creams are key factors. High demand for anti-ageing products is expected to drive cosmetics demand considerably over the forecast period. Skin care category is one of the most technically advanced, complex and diverse categories of cosmetics. Products manufactured by the companies have to undergo many dermatological tests before they are introduced for final use in the market. Rising demands for herbal cosmetics is prompting the leading manufacturers to launch new herbal cosmetic products. The eye makeup has witnessed significant change over the past decade. Face makeup is the largest revenue generator segment attributed to the increasing need of younger generation. Europe dominated the global cosmetics market and is expected to maintain its position throughout the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Makeup & Cosmetics market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Online
Offline

Segmentation by application
Skin and Sun Care Products
Hair Care Products
Deodorants
Makeup and Color Cosmetics
Fragrances

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Olay
Maybelline
L'Oréal
Lakme

Key Questions Addressed in this Report

What is the 10-year outlook for the global Makeup & Cosmetics market?

What factors are driving Makeup & Cosmetics market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Makeup & Cosmetics market opportunities vary by end market size?

How does Makeup & Cosmetics break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.