Which are the Most Lucrative Markets for Organic Color Cosmetic Product Manufacturers?

According to recent report by Fact.MR, the global market for organic color cosmetic products will exhibit an impressive expansion during the forecast period (2017-2022). Global sales of organic color cosmetic products are estimated to exceed revenues worth US$ 30,000 Mn by 2022-end.

North America will account for Largest Market Share in 2017

In terms of revenues, North America will account for the largest shares of the global organic color cosmetics market in 2017, and is anticipated to dominate the market over the forecast period. Widespread availability of distribution channels such as specialty stores, and modern trade have fuelled sales of organic color cosmetic products in North America.

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In addition, the huge disposable income of population in the region is vital for growth of the market, as the cost of organic color cosmetic products is relatively higher than their conventional alternatives. Europe is also expected to remain a key lucrative region for expansion of the organic color cosmetic products market.

The organic color cosmetic products market in Asia-Pacific excluding Japan (APEJ) has been projected to exhibit the highest CAGR through 2022. Soaring adoption of organic color cosmetic products in APEJ’s developing countries such as India and China, on the back of new product launches, is expected to drive the market growth in the region. Middle-East and Africa (MEA) will remain the second fastest expanding market for organic color cosmetic products.

Key Market Segments Covered

By Product

• Lip Care Products
• Nail Products
• Facial Make-up Products
• Hair Color Products
• Eye Make-up Products
• Others

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By Distribution Channel

• Organic Color Cosmetic Products Sold at Specialty Stores
• Organic Color Cosmetic Products Sold through Modern Trade
• Organic Color Cosmetic Products Sold at Department Stores
• Organic Color Cosmetic Products Sold at Mono Brand Stores
• Organic Color Cosmetic Products Sold at Drug Stores
• Organic Color Cosmetic Products Sold through Online Stores
• Other Sales Channels

By Price

• Economic Organic Color Cosmetic Products Sold at
• Premium Organic Color Cosmetic Products Sold at

Premiumization has become the Real Game Changer

Nowadays the term premiumization has become the real game changer, resulting into introduction of novel organic ingredients for color cosmetic products, and changing ways of their utilization. Customers in the global organic color cosmetic products market are preferring premium priced products more than their economic counterparts, as they want to use the brand they have now adapted to, with wide range of products for selection. Premium priced organic color cosmetic products, projected to expand at a high single-digit CAGR, will bring in nearly US$ 14,000 Mn revenues by 2022-end. In addition, a steady expansion has been projected for sales of economic organic color cosmetic products through 2022.

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Key companies identified by Fact.MR’s report on the global market for organic color cosmetic products market include The Unilever Group, The Procter & Gamble Company, Shiseido Company Limited, Revlon, Inc., LVMH Moet Hennessy Louis Vuitton S.E., L’Oreal SA, Kiehl’s, The Estee Lauder Companies Inc., Chantecaille Beaute Inc., and Burt’s Bees.

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