Global Color Cosmetics Market to Rake in US$ 62.5 Bn by 2023 – QY Research


Posted January 11, 2019 by QYResearchInc

The Color Cosmetics Market research study stipulates a clear overview of the current market including the past and the projected future of market size concerning volume, technological advances, and economic elements in the market industry.
 
Description
QY Research has lately come up with a fresh report on the global color cosmetics market. Bearing the title “Global Color Cosmetics Market Professional Survey Report 2018,” the report offers encyclopedic knowledge about critical market dynamics and other aspects such as market competition.

Expected to post a 7.7% CAGR during the forecast period 2017-2023, the global color cosmetics market could reach a valuation of US$ 62.5 Bn by the end of 2023. In 2017, the global color cosmetics market was valued at a US$ 40.0 Bn.

With hundreds of players operating across the world, the global color cosmetics market is not a highly concentrated one.

Global Color Cosmetics Market: Drivers and Restraints
The global color cosmetics market is envisaged to obtain support from improving living standards of people in developing economies. Increasing disposable income and economic recovery are other factors pushing the growth of the global color cosmetics market. Quick economic growth and rising population in emerging countries are also expected to create opportunities in the global color cosmetics market.

Growing awareness about fashion trends, high demand for beauty care, and increasing consciousness about appearance could provide a fillip to the global sales of color cosmetics.

However, the presence of counterfeit and fake products and side effects associated with the use of some color cosmetics are prophesied to loom over the market as a threat to its growth.

Global Color Cosmetics Market: Forecast by Application
On the basis of application, the global color cosmetics market is bifurcated into online and offline. Both these segments of the global color cosmetics market are studied in great detail in the research study.

Global Color Cosmetics Market: Forecast by Product
By type of product, the global color cosmetics market is categorized into nail cosmetics, eye makeup, lip products, facial makeup, and others including brush sets. All of these products are deeply evaluated for their growth in the global color cosmetics market.

Get PDF sample copy of this report @ https://www.qyresearch.com/sample-form/form/558323/global-color-cosmetics-market

Global Color Cosmetics Market: Forecast by Region

Developed economies are observed to see high consumption of color cosmetics. The EU and the U.S. are the two key markets that witness heavy presence of leading color cosmetics manufacturers. The consumption of color cosmetics is anticipated to gather pace in Asia Pacific, especially in China. The country could register a faster CAGR of 9.2% during the forecast period.

In terms of market share, Europe is prognosticated to rank higher in the global color cosmetics market. It collects a strong 28.0% share of the global color cosmetics market. North America closely follows Europe as it attracts a 26.0% share.

Global Color Cosmetics Market: Key Players

The characteristics of marketing channels are projected to differ from one company to another and also from region to region. Chinese players are well aware of the disadvantage of marketing channels in the country and are focusing on finding a way around. Makeup tools are generally sold on a separate counter in China as opposed to Korea, Japan, the EU, and North America where they are offered along with makeup and personal care products. As a result, China could witness lower market penetration compared to developed economies.

Major players of the global color cosmetics market are Amore Pacific, Shiseido, Estée Lauder, Unilever, and L'Oréal. Vendors may take to inter-companies cooperation and merger and acquisition for growth and development in the global color cosmetics market.

Ask for report discount @ https://www.qyresearch.com/request-discount/form/558323/global-color-cosmetics-market

Benefits of Purchasing QY Research Report
• Analyst Support: Get you query resolved from our expert analysts before and after purchasing the report
• Customer’s Satisfaction: Our expert team will assist with all your research needs and customize the report
• Inimitable Expertise: Analysts will provide deep insights about the reports
• Assured Quality: We focus on the quality and accuracy of the report

About Us:
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Rahul
Phone +1 6262 952 442
Business Address 17890 Castleton, Suite 218,
Los Angeles, CA - 91748, USA
Country India
Categories Consumer , Fashion , News
Tags color cosmetics market , color cosmetics market analysis , color cosmetics market forecast , color cosmetics market size
Last Updated January 11, 2019