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Global Colour Cosmetics Market: By Target Market: Mass Product, Prestige Product; By Application: Facial Make-up, Lip Product, Eye Make-up, Nail Product, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Colour Cosmetics Market Outlook
The global colour cosmetics market attained a value of about USD 8.3 billion in 2021. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 7.5% to reach nearly USD 12.8 billion by 2027.
Growing Demand for Versatile and Innovative Cosmetics Augmenting the Market for Colour Cosmetics
The market for colour cosmetics is being aided by the evolving beauty trends, which is surging the demand for versatile cosmetics. As young consumers are increasingly experimenting with their make-up looks, the demand for diverse colour cosmetics is escalating, thus fuelling the industry growth. In addition, the increasing demand for selfie-friendly make-up is surging the use of vibrant eye and lip make-up, which is propelling the market for colour cosmetics.
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Furthermore, the emerging trend of no-make-up make-up is increasing the preference for colour cosmetics that intensify natural beauty while boosting the overall wellbeing, which is significantly contributing to the growth of the market.
Increasing Preference for Clean-Labelled Colour Cosmetics Propelling the Market Growth
The growing trend of clean beauty is increasing the demand for colour cosmetics made up of skin-friendly and ethical ingredients, thus propelling the market growth. This is leading to a surge in the development of colour cosmetics with botanical-rich formulas and health-conscious ingredients. Moreover, the longevity and high-quality provided by clean colour cosmetics are increasing their demand, which is significantly contributing to the market growth. The increasing development of lightweight cosmetics made by utilising clean-labelled ingredients for everyday use is further bolstering the growth of the market. In addition, the initiation of various research and development (R&D) activities to develop effective colour cosmetics for versatile skin tones is expected to drive the industry growth in the forecast period.
Colour Cosmetics: Market Segmentation
Colour cosmetics refer to colourants and cosmetic ingredients that are used in various personal care products. They enhance the appearance or aroma of the human body, which is why they are included in nail care, lip care, eye make-up, and facial make-up products. The colourants aid in the creation of colour in a wide range of products like eyeshadows and lipsticks, among others.
The major target markets of colour cosmetics are:
- Mass Product
- Prestige Product
The market can be broadly categorised on the basis of its application segments into:
- Facial Make-up
- Lip Product
- Eye Make-up
- Nail Product
- Others
The EMR report looks into the regional markets of colour cosmetics like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Rising Demand for Colour Cosmetics Promoting Physical and Emotional Wellbeing to Drive the Market Growth
The rising demand for colour cosmetics with organic origins and saturated tones owing to evolved consumer preferences, in the wake of the COVID-19 crisis, is driving the market growth. The growing focus on bold eye-make-up is surging the demand for products, such as eyeshadows, mascaras, and kohls, among others, hence augmenting the growth of the colour cosmetics industry. In addition, the emerging trend of at-home beauty is expected to increase the demand for balancing and healing colours in cosmetics that bolsters both physical and mental wellbeing. This, in turn, is increasing the demand for colour cosmetics, which is predicted to propel the growth of the industry in the coming years.
The hybridisation of colour cosmetics with skincare ingredients to enhance their benefits is projected to positively impact the market growth. Moreover, the reduced consumption offered by such products is also leading to a surge in their demand. As make-up is increasingly used as a form of self-expression by millennial and Gen-Z consumers, the demand for bold and flashy colours is surging, which is strengthening the market for colour cosmetics. Moreover, the growing popularity of K-beauty is increasing the demand for multi-purpose products that can be used as both cosmetics and skincare products. This is surging the launch of innovative and cost-effective colour cosmetics, which is estimated to bolster the market growth in the forecast period.
Key Industry Players in the Global Colour Cosmetics Market
The report presents a detailed analysis of the following key players in the global colour cosmetics market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Unilever N.V.
- L'Oréal Group
- Avon Products, Inc.
- The Este Lauder Companies Inc.
- Shiseido Co. Ltd.
- Chantecaille Beauté
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Target Market, Application, Region |
| Breakup by Target Market | Mass Product, Prestige Product |
| Breakup by Application | Facial Make-up, Lip Product, Eye Make-up, Nail Product, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Unilever N.V., L'Oréal Group, Avon Products, Inc., The Este Lauder Companies Inc., Shiseido Co. Ltd., Chantecaille Beauté, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Colour Cosmetics Market Analysis
8.1 Key Industry Highlights
8.2 Global Colour Cosmetics Historical Market (2018-2022)
8.3 Global Colour Cosmetics Market Forecast (2023-2028)
8.4 Global Colour Cosmetics Market by Target Market
8.4.1 Mass Product
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Prestige Product
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Colour Cosmetics Market by Application
8.5.1 Facial Make-up
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Lip Product
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Eye Make-up
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Nail Product
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Colour Cosmetics Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Colour Cosmetics Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Colour Cosmetics Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Colour Cosmetics Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Colour Cosmetics Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Colour Cosmetics Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
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 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Unilever N.V.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 L'Oréal Group
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Avon Products, Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 The Este Lauder Companies Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Shiseido Co. Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Chantecaille Beauté
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Colour Cosmetics Market: Key Industry Highlights, 2018 and 2028
2. Global Colour Cosmetics Historical Market: Breakup by Target Market (USD Billion), 2018-2022
3. Global Colour Cosmetics Market Forecast: Breakup by Target Market (USD Billion), 2023-2028
4. Global Colour Cosmetics Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Colour Cosmetics Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Colour Cosmetics Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Colour Cosmetics Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Colour Cosmetics Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Colour Cosmetics Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Colour Cosmetics Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Colour Cosmetics Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Colour Cosmetics Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Colour Cosmetics Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Colour Cosmetics Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Colour Cosmetics Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Colour Cosmetics Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Colour Cosmetics Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Colour Cosmetics Market Structure
Key Questions Answered in the Report
In 2021, the global colour cosmetics market attained a value of nearly USD 8.3 billion.
The market is projected to grow at a CAGR of 7.5% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 12.8 billion by 2027.
The market is being aided by the evolving beauty trends, the increasing demand for selfie-friendly make-up, and the rising preference for clean-labelled colour cosmetics.
The industry is estimated to be fuelled by the rising demand for saturated-toned colour cosmetics, the growing focus on bold eye-make-up, and the increasing hybridisation of colour cosmetics with skincare ingredients.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major target markets of colour cosmetics in the industry are mass product and prestige product.
The significant application segments in the market are facial make-up, lip product, eye make-up, and nail product, among others.
The major players in the industry are Unilever N.V., L'Oréal Group, Avon Products, Inc., The Este Lauder Companies Inc., Shiseido Co. Ltd., and Chantecaille Beauté, among others.
Analyst Review
The global colour cosmetics market attained a value of nearly USD 8.3 billion in 2021, driven by the increasing demand for selfie-friendly make-up. Aided by the increasing hybridisation of colour cosmetics with skincare ingredients, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 7.5%. The market is projected to reach about USD 12.8 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its target markets, the colour cosmetics industry can be segmented into mass product and prestige product. On the basis of applications, the industry is divided into facial make-up, lip product, eye make-up, and nail product, among others. The major regional markets for colour cosmetics are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Unilever N.V., L'Oréal Group, Avon Products, Inc., The Este Lauder Companies Inc., Shiseido Co. Ltd., and Chantecaille Beauté, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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