Lip Care Products Recent Industry Developments and Growth Strategies Adopted by Players

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Lip Care Products market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Lip Care Products

The report offers actionable and valuable market insights of Lip Care Products. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Lip Care Products Market across various industries and regions.

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This newly published and insightful report sheds light on Market Insights of Lip Care Products, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Lip Care Products Market.

The report lays down figures on historical valuations and projects opportunities of various segments of the color cosmetics market over the forecast period.

The estimations are made in US$ Mn. Key aspects in the color cosmetics market dynamics are drivers and restraining factors, challenges and opportunities, regional avenues, and imminent investment pockets. The analyses of the color cosmetics market is spread across 12 chapters.

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Prominent players operating in the color cosmetics market are

• Procter & Gamble
• Chantecaille Beaute Inc.
• Revlon Inc.
• Limited
• Coty Inc.
• Shiseido Company
• the Estée Lauder Companies Inc.
• Avon Products Inc.
• Unilever N.V.
• LVMH Moët Hennessy Louis Vuitton S.E.
• L’Oréal S.A.

The Fact.MR report on global market for color cosmetics projects a moderate growth for the market in the immediate future. Increasing awareness of animal testing in production of cosmetic products, and lack of organic products is observed to curb the expansion of global color cosmetics market. In 2017, more than US$ 63 Bn worth of color cosmetics are anticipated to be sold in the world. Although, the report expects that the global color cosmetics market will incur a sluggish expansion, reflecting moderate revenue growth by the end of 2022.

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.
4. According to the report, Europe will also be viewed lucrative for sales of color cosmetics. High disposable incomes, coupled with robust retail chains, will facilitate the sales of color cosmetics among European consumers. Between 2017 and 2022, Europe’s color cosmetics market is anticipated to create incremental opportunity of an estimated US$ 3.47 Bn.
5. Supermarkets or hypermarkets are expected to remain the largest sales channel for color cosmetics. The report projects that in 2017, color cosmetics worth US$ 37 Bn will be sold across supermarkets and hypermarkets in the world.

The report also includes a comprehensive section on the competitive landscape in the global color cosmetics market, which includes profiling of companies, namely LVMH Moët Hennessy Louis Vuitton S.E., Unilever N.V., L’Oréal S.A., Avon Products, Inc., Shiseido Company, Limited, The Estée Lauder Companies Inc., Coty, Inc., Chantecaille Beaute Inc., Revlon, Inc., and Procter & Gamble.

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Key Question answered in the survey of Lip Care Products market report:

• Sales and Demand of Lip Care Products
• Growth of Lip Care Products Market
• Market Analysis of Lip Care Products
• Market Insights of Lip Care Products
• Key Drivers Impacting the Lip Care Products market
• Which are the Key drivers impacted by Lip Care Products market
• Restraints Shaping Market Growth
• Market Survey of Lip Care Products

More Valuable Insights on Lip Care Products Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Lip Care Products, Sales and Demand of Lip Care Products, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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