A CAGR of 5.7%, the size of the color cosmetics market will reach $ 112.90 billion in 2028, says Brandessence Market Research

LONDON, March 28, 2022 / PRNewswire / – Color cosmetics market value is expected to post a valuation of 112.90 billion dollars by 2028, registration to accelerate to a CAGR of 5.7%, according to the most recent study by Brandessence Market Research & Consulting Pvt ltd.

The size of the global color cosmetics market was assessed at 76.59 billion dollars in 2021.

Global color cosmetics market: global dimensions, trends, competitive, historical and forecast analysis until 2022-2028, The increase in the number of product offerings, the increased awareness of skin diseases and the increase in people’s disposable income are some of the main factors that should accelerate growth. of the global market of colored cosmetics.

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Global Cosmetics Market Dynamics:

The increase in the number of product offerings and the growing awareness of these products among consumers are some of the main factors driving the growth of the market. Colored cosmetic preparations can help improve mental well-being, empower consumers and increase self-confidence. Cosmetic color is cleaning, beautifying, adding attractiveness, altering the appearance or maintaining or promoting skin or hair in good condition. These products enhance appearance, define facial features and hide blemishes and marks while providing a refreshing and healthy look. Recently, in February 2022; Boohoo Beauty has launched a collection with a wide range of cosmetics, including lip glosses, lipstick, highlighter sticks, blushes, setting sprays and cosmetic palettes.

The entire range is accessible individually and in variable bundles. Boohoo’s lipstick collection features matte and classic finishes in seven shades including nude beige, red, pink, dark pink, pink, pale nude and warm nude. The products are intended to provide hydration, improve the shape of the lips and add different colors. As well as on July 24th, 2021; Bloomers has launched Colors Cosmetics, a new brand of pharmacy cosmetics India. The growing awareness of skin diseases is also complementing the growth of the global color cosmetics market. For example; according to the Colorado Springs Institute of Dermatology in 2020; the most common skin condition is acne, which affects around 40-50 million people a year.

Manufacturers of colored cosmetics

  • Unilever NV
  • L’Oreal Group
  • Bloomers
  • Avon, Inc. products
  • La Estée Lauder Companies Inc.
  • Kryolan professional makeup
  • Ciato London
  • Shiseido Co. Ltd.
  • Coty Inc.
  • Chantecaille Beaute Inc.
  • Revlon Inc.
  • others.

Global Cosmetics Market Segmentation:

By type:

  • Chemist
  • Natural and organic

By distribution channel:

  • Hypermarket / Supermarket
  • Convenience store
  • Specialized shop
  • Direct sales
  • E-Commerce

By product category:

  • Nail products
  • Face makeup
  • Eye makeup
  • Lip products
  • Hair coloring products
  • Special effects products

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Recent development:

L’Oreal presented the latest beauty tech innovations ahead of CES 2022:

On January 3rd, 2022; L’Oreal unveiled the latest beauty tech innovations ahead of CES 2022: Reinventing Hair Coloring with Two Groundbreaking User Design Innovations Dedicated to Transforming the Experience Both at Home for Consumers and in Hair Salons for Coloright Professionals and color sonic.

Bloomers has launched Colors Cosmetics, a new pharmacy make-up brand India:

On July 24th, 2021; Bloomers has launched Colors Cosmetics, a new brand of pharmacy cosmetics India. A wide range of products such as foundation and lipsticks are offered which are also available in local stores and pharmacies.

Amyris Acquisitions Color Cosmetics Brand EcoFabulous:

On April 19th, 2021; Leading biotech company, Amyris, has announced the acquisition of Beauty Labs International, adding the 7th clean color cosmetics brand to its portfolio.

Revlon taps in Clean Beauty Trend with Vegan Hair Care Total Color launched:

On January 30th, 2020; Revlon has announced the launch of a new vegan hair care range called Total Color, with chef and author Katie Lee named the brand’s Global Ambassador.

Reginal Analysis:

North America it is expected to account for the largest share of the global tinted cosmetics market due to the high disposable income, the high awareness regarding the benefits of using these products and the presence of key players and premium brands such as; Estee Lauder, L’Oréal, Louis Vuitton Moët Hennessy (LVMH), Dior and others in this region. According to an article, there are 104,839 beauty, cosmetics, and perfume stores in the United States in 2022, up 0.9% from 2021.

Asia Pacific it is expected to witness the fastest growth in the global color cosmetics market due to the growing awareness of these products among consumers, the increasing availability of these products and the growing e-commerce industry in this region. The growing adoption of online shopping apps like Nykaa, Amazon, and others has boosted sales of color cosmetics India. According to Nykaa, it was the main driver of the increase in online penetration in the India with a market share of 40%.

On Special Requirements The Tinted Cosmetics Market Report is also available for the following regions:

North America

Europe

  • GermanyFrance, United Kingdom, Italy, Spain, SwedenHolland, Turkey, Swiss, BelgiumRest of Europe

Asia-Pacific

  • South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, IndonesiaRest of the APAC

Latin America

  • Mexico, Colombia, Brazil, Argentina, PeruRest of Latin America

Middle East and Africa

  • · Saudi ArabiaUnited Arab Emirates, Egypt, South AfricaRest of MEA

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