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Global CC Cream Market Size, Forecast: By Type: Below 15 SPF, Between 15 to 30 SPF, Above 30 SPF; By Application: Oily Skin, Normal Skin, Dry Skin, Others; By Sales Channel: Hypermarkets and Supermarkets, Speciality Stores, Online Retail, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Global CC Cream Market Outlook
The global CC cream market size reached around USD 532.41 million in 2023. The market is assessed to grow at a CAGR of 7.1% during the forecast period of 2024-2032 to reach a value of nearly USD 992.58 million by 2032.
Key Trends in the Market
CC cream is a cosmetic product that provides the functionality of three products, namely sunscreen, foundation and moisturiser. It assists in correcting and smoothening the skin by hiding dark spots, pigmentation, and acne, among others. Made using anti-ageing ingredients, it acts as a natural shield against sunlight.
- The CC cream market growth can be attributed to the increasing focus on skincare as a form of self-care and rising investments in cosmetics and beauty products by Gen-Z and millennial populations. The light texture, foundation-like coverage, and colour-correcting qualities are boosting the appeal of CC creams as an easy-to-use and effective skincare solution.
- Key players are developing products for all skin colours in an attempt to make their brand more inclusive. This is driving the availability of CC creams for different skin types on both offline and online platforms.
- An influx of influencers with content majorly focused on skincare and cosmetics is one of the major CC cream market trends. These influencers are educating the masses regarding the importance and benefits of skincare regimes and cosmetic products, including CC creams.
Market Analysis
Based on type, the market is segmented into below 15 SPF, between 15 to 30 SPF, and above 30 SPF. On the basis of application, the CC cream market segmentation includes oily skin, dry skin, and normal skin, among others. By sales channel, the market is divided into hypermarkets and supermarkets, speciality stores, and online retail, among others. The major regional markets for CC cream are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global CC cream market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments and expansion plans.
- Chanel Inc.
- KOSÉ Corporation
- Natura Supply Co.
- L'Oreal SA
- Unilever plc
- Estee Lauder Companies Inc.
- Re'equil
- Procter & Gamble Co.
- L'Occitane Limited
- Oriflame Cosmetics Global SA
- Others
Market Share by Type
As per the CC cream market analysis, the demand for above 30 SPF CC cream is rising as awareness regarding the negative impact of UV rays on the skin increases. Such creams can also be used as a light-medium foundation layer. Moreover, these creams are increasingly preferred as a base for makeup and an alternative to traditional foundation. The development of SPF30 CC cream specialised for sensitive skin types is anticipated to further propel the market growth in the coming years.
Market Share by Region
The Asia Pacific represents a significant portion of the global CC cream market due to the growing skin consciousness and the prevalent tropical climate in the region. This, along with a large population with rising disposable incomes, is boosting sales of cosmetics and skincare products, including CC cream. Besides, the robustly growing beauty sector in Japan, China, and South Korea is expected to aid the market in the forecast period.
Competitive Landscape
L’Oreal SA is one of the largest personal care and cosmetic brands that was established in 1909. The French brand produces diverse types of cosmetic products, ranging from skincare and haircare to makeup.
KOSÉ Corporation, found in 1946, is a multinational cosmetics and beauty company. The company aims to drive inclusivity in the beauty and cosmetics sector through its wide product portfolio. Its subsidiary, Alibon, is a manufacturer of premium cosmetic products.
Natura Supply Co. is a leading personal care and cosmetic group, which owns leading brands like Natura, Avon, and The Body Shop, among others. The company aims to provide innovative beauty and cosmetics products to women across the globe.
Other CC cream market players include Chanel Inc., Unilever plc, Estee Lauder Companies Inc., Re'equil, Procter & Gamble Co., L'Occitane Limited, and Oriflame Cosmetics Global SA, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Sales Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global CC Cream Market Analysis
8.1 Key Industry Highlights
8.2 Global CC Cream Historical Market (2018-2023)
8.3 Global CC Cream Market Forecast (2024-2032)
8.4 Global CC Cream Market by Type
8.4.1 Below 15 SPF
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Between 15 to 30 SPF
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Above 30 SPF
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global CC Cream Market by Application
8.5.1 Oily Skin
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Normal Skin
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Dry Skin
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global CC Cream Market by Sales Channel
8.6.1 Hypermarkets and Supermarkets
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Speciality Stores
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Online Retail
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global CC Cream Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America CC Cream Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe CC Cream Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific CC Cream Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America CC Cream Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa CC Cream Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Chanel Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 KOSÉ Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Natura Supply Co.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 L'Oreal SA
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Unilever plc
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Estee Lauder Companies Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Re'equil
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Procter & Gamble Co.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 L'Occitane Limited
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Oriflame Cosmetics Global SA
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global CC Cream Market: Key Industry Highlights, 2018 and 2032
2. Global CC Cream Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global CC Cream Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global CC Cream Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global CC Cream Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global CC Cream Historical Market: Breakup by Sales Channel (USD Million), 2018-2023
7. Global CC Cream Market Forecast: Breakup by Sales Channel (USD Million), 2024-2032
8. Global CC Cream Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global CC Cream Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America CC Cream Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America CC Cream Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe CC Cream Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe CC Cream Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific CC Cream Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific CC Cream Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America CC Cream Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America CC Cream Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa CC Cream Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa CC Cream Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global CC Cream Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 532.41 million.
The market is projected to grow at a CAGR of 7.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach around USD 992.58 million by 2032.
The major market drivers are the rising skin-consciousness and the growing demand for CC creams as an alternative to foundations.
The rising availability of CC creams for different skin types and the growth of the beauty and cosmetics sectors are the key trends driving the market growth.
CC cream stands for 'colour corrector' or 'complexion corrector' cream, which offers light coverage to the face.
The different applications of CC are normal skin, oily skin and dry skin.
The key market players are Chanel Inc. KOSÉ Corporation, Natura Supply Co., L'Oreal SA, Unilever plc, Estee Lauder Companies Inc., Re'equil, Procter & Gamble Co., L'Occitane Limited, Oriflame Cosmetics and Global SA, among others.
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