Color Cosmetics Market – Global Industry Insights, Trends and Growth Opportunity Analysis to 2021

The Global Color Cosmetics Consumption Market is classified on the basis of product type, application, distribution channel and geography. Color cosmetics are personal care products that help to enrich or modify the appearance of a person. Color cosmetics are nothing but a blend of chemical compounds which may be obtained from natural source or may be man-made. A wide range of color cosmetics are available such as nail paints, lipsticks, eye shadows, foundation, etc.

The factors that propel the growth of the Color Cosmetics Consumption Market include increasing demand and wide range of applications. There is a considerable rise in disposable income, changing standard of living, and increasing personal care sector fuels the market growth. In addition, easy availability of products through various distribution channels is also driving the growth of the market.

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Moreover, factors such as innovations in color cosmetic products along with technological development positively influences the market growth. In addition, product efficacy such as long lasting effect, water proof effect, etc. also uplift the growth. Furthermore, growing awareness among people by means of televisions, magazines, etc. also significantly impels the growth of the market.

On the other hand, there are also factors that may hamper the growth of the market such as some people have an allergic skin tone. In addition, factors such as stringent government regulations and high price of quality chemicals may hinder the growth of the market.

Color Cosmetics Consumption Market is classified on the basis of product type as eye makeup, facial makeup, lip makeup and nail makeup. Eye makeup consists of eyebrow pencils, eye shadows, eyeliners, mascara, mineral powders and others. Facial makeup consists of blushers, creams and powders, foundation, face bronzing lotions, illuminators, loose and pressed powders, mineral powders and others. Lip makeup consist of lipstick, lip glosses, lip pencils, lip plumper, and others. Nail makeup consist of hardeners and strengtheners, nail varnishes and polishes, base and top coat.

Color Cosmetics Consumption Market is classified on the basis of application as men and women.

Color Cosmetics Consumption Market is classified on the basis of distribution channel as specialty store, supermarkets & hypermarkets, retail stores, online stores and others. Based on geography, the global market spans North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.

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The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and Africa region consists of GCC, South Africa and North Africa.

In case of geographical region, North America followed by Europe is projected to hold a major share of the Color Cosmetics Consumption Industry. The key factors that attribute to the growth of these region is owed to high disposable income, new product launches and advances in color cosmetics.

On the other hand, Asia Pacific is expected to show significant growth rate in the Color Cosmetics Consumption Industry Market. Factors contributing to the growth of Asia Pacific Market is due to the rising awareness among people and rise in disposable income.

Some of the key players that fuel the growth of the Color Cosmetics Consumption Industry include Amway, Clarins, Coty, Chanel, Estee Lauder, L’Oreal, LVMH, Kao, P&G, Shiseido, Unilever, and others.

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