Global Makeup Brushes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Makeup Brushes Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Natural brushes are typically made from the hair and fur of animals like boars, squirrels, and goats. Because they are made of real hair, they tend to be much softer than synthetic brushes. Because they are porous, they tend to absorb and spread pigment well. It's best to use a natural brush when applying loose powder, blush or bronzer, highlights and eye shadow.

Market Overview:

The latest research study on the global Makeup Brushes market finds that the global Makeup Brushes market reached a value of USD 1826.62 million in 2022. It’s expected that the market will achieve USD 2721.34 million by 2028, exhibiting a CAGR of 6.87% during the forecast period.

Makeup Brushes Market Drivers

On the one hand, makeup brushes help enhance makeup and give it a complete look. They help provide even tone and consistency to the skin. Therefore, they are widely used in the beauty and cosmetic industries. On the other hand, some new advanced makeup brushes are very convenient and can smoothly apply foundation or base cream on the skin. The combination of these makeup brushes and beauty products makes it easier to highlight makeup. In the future, the cosmetic brush market is expected to grow significantly because they provide an elegant appearance and additional convenience advantages.
Growing widespread reach of cosmetic products caused by the penetration of social media and other marketing methods is a vital factor responsible for the upliftment of the market growth. Content social e-commerce businesses, such as YouTube and China's Xiaohongshu, focus on product content and interest content recommendation, enabling consumers to notice interest and make unplanned purchases driven by social sharing, which drives the consumption of makeup brushes.
For the makeup brush industry, the increasing popularity of makeup trends and the demand for mixed makeup have led to the growth of makeup brushes. Rising disposable incomes, allowing people to spend money on their appearance and increasing awareness of what is outside, have increased the demand for makeup brushes.

At the same time, changing lifestyles and new trends have introduced smart brushes that provide elegant touches to makeup. The emergence of online makeup tutorials has led to the expansion of the makeup brush market.

Region Overview:

Asia Pacific had the highest growth rate of all regions.

Company Overview

The top three companies are Shiseido, Estee Lauder, L'Oreal with the revenue market share of 6.62%, 5.61%, 5.50% in 2021.

In 1872, Shiseido opened its doors in Ginza, Tokyo. It was originally a family business of the first Western-style pharmacy in Japan and transformed into a global beauty giant. It currently operates in approximately 120 countries and regions around the world. Shiseido's history and tradition are characterized by a series of innovations and category firsts. These innovations and category firsts have repeatedly set new standards, and their influence has spread to the entire beauty industry. Based in Japan, Shiseido's goal is to transcend national borders and boundaries, to transcend the cosmetics business, to achieve beauty innovation by creating unique products, to provide new value, and to make positive contributions to the happiness of global customers through beauty.

The Estée Lauder Companies is an American manufacturer and seller of skin care, cosmetics, perfume and hair care products. This technologically advanced and innovative company was founded in 1946 and is known worldwide for its elegance, luxury and outstanding quality. Estee Lauder's products promise to uphold the highest standards of excellence. Through extensive research and rigorous product evaluation, Estee Lauder is happy to bring gentle and efficient skin care, makeup and perfume products to customers.

Segmentation Overview:

Among different product types, Synthetic Hair Brushes segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Offline Sales segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Makeup Brushes market covered in Chapter 3:

Hakuhodo
Shiseido
Paris Presents
Avon
L'Oreal
MSQ
LVMH
Watsons
Estee Lauder
Chanel

In Chapter 4 and Chapter 14.2, on the basis of types, the Makeup Brushes market from 2018 to 2029 is primarily split into:

Natural Hair Brushes
Synthetic Hair Brushes

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Makeup Brushes market from 2018 to 2029 covers:

Offline Sales
Online Sales

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)