Global Color Cosmetics Market by Size, Analysis and Outlook 2017-2022

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Rockville, US, 2018-Mar-27 — /EPR Network/ — To understand the color cosmetics industry status worldwide, Fact.MR has included the latest Forecast report titled “Color Cosmetics Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, to its vast database. This study offers data about the prime regions operating in the cosmetic sector, along with their production, consumption, revenue and market share details. Further, the intelligent report also anticipates that the market would grow at a constructive CAGR until 2022.

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Key Projections of Global Color Cosmetics Market

1- According to the report, the global market for color cosmetics will witness a significant rise in demand for lip care products. By the end of 2022, more than US$ 32.5 Bn revenues are anticipated to come from sales of lip color cosmetics in the global market. Demand for hair care products is also expected to gain traction, citing the rising contribution of male consumers in this female-driven market. Nevertheless, only 8.5% of the global color cosmetics revenues will be accounted by sales of hair care products.

2- Rapid urbanization in the Asia-Pacific excluding Japan (APEJ) region is observed to remain lucrative for expansion of global color cosmetics market. Procurement of raw materials is relatively easy in APEJ region, compared to other parts of the world. Manufacturers of color cosmetics are setting up their production lines in the APEJ countries such as China to reap heavy profits from high resource availability and low labor wages. In addition this, dense population recorded in this region translates into vast consumer base for color cosmetics. In 2017, the APEJ region is anticipated to procure 47.3% share over the global color cosmetics revenues. While the overall revenue growth of APEJ color cosmetics market will reflect a moderate 4.8% CAGR, the region will continue to dominate the global market through 2022.

 

3- North America’s color cosmetics market, however, will reflect a steady growth at 5.1% CAGR throughout the forecast period. Sales of color cosmetics in the US and Canada are expected to gain boost from active use of social media platforms and rising inclination of consumers towards showbiz culture. In 2017, nearly US$ 11 Bn worth of color cosmetics are anticipated to be sold across the US and Canada. By the end of forecast period, North America’s color cosmetics market is poised to reach US$ 14 Bn in value.

 

Lip Care Very Popular in the Colour Cosmetics Market

Lip care comprises a revenue share of 40% by product type segment in the colour cosmetics market and it could be worth nearly US$ 33 billion in 2022. The contribution of the APEJ region to the lip care segment of the colour cosmetics market is nearly 50% i.e. approx. US$ 15.5 billion at the end of the forecast period. The nail product segment is also quite popular as it is on track to be a market worth US$ 12 billion in 2017 itself. A CAGR of 5.2% from 2017-2022 should all but ensure that key stakeholders focus their attention on nail products. Along with the APEJ region, companies could target Europe as both regions are poised to record a similarly high CAGR.

Opportunity in Facial Make-up and Hair Colour in Colour Cosmetics Market

The facial make-up segment in the colour cosmetics market is anticipated to grow from under US$ 7 billion in 2017 to almost US$ 8.7 billion in 2022 with a CAGR of 4.6%. A market opportunity of more than US$ 3 billion in 2017 makes the APEJ region particularly attractive with respect to facial make-up products in the colour cosmetics market and companies are advised to devise their strategies keeping this in mind. The hair colour segment has a similar market opportunity as the facial make-up segment in the colour cosmetics market and it is estimated to be worth a little under US$ 6.5 billion in 2022. Even though APEJ is the largest contributor to the hair colour segment of the colour cosmetics market, companies may wish to target North America as the continent has a higher CAGR of 4.1% for the period 2017-2022.

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Table of Contents:

Chapter 1. Global Color Cosmetics Market – Executive Summary. 19

Chapter 2. Global Color Cosmetics Market Overview. 21
2.1. Introduction. 21
2.1.1. Global Color Cosmetics Market Taxonomy. 21
2.1.2. Global Color Cosmetics Market Definition. 21
2.2. Global Color Cosmetics Market Size (US$ Mn) and Forecast, 2012-2022. 22
2.2.1. Global Color Cosmetics Market Y-o-Y Growth. 22
2.3. Global Color Cosmetics Market Dynamics. 22
2.3.1. Drivers. 22
2.3.2. Restraints. 22
2.3.3. Trends. 23
2.4. Supply Chain. 23
2.5. Cost Structure. 23
2.6. Pricing Analysis. 23
2.7. Raw Material Sourcing Strategy and Analysis. 23
2.8. List of Distributors. 24
2.9. Key Participants Market Presence (Intensity Map) By Region. 24

Chapter 3. Global Color Cosmetics Market Analysis and Forecast By Product Type. 25
3.1. Global Color Cosmetics Market Size and Forecast By Product Type, 2012-2022. 25
3.1.1. Lip Care Products Color Cosmetics Market Size and Forecast, 2012-2022. 25
3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 25
3.1.1.2.  Market Share Comparison, By Region. 26
3.1.1.3. Y-o-Y growth Comparison, By Region. 27
3.1.2. Nail Products Color Cosmetics Market Size and Forecast, 2012-2022. 28
3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 28
3.1.2.2. Market Share Comparison, By Region. 29
3.1.2.3. Y-o-Y growth Comparison, By Region. 30

Continued…..

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