Global Color Cosmetics Market To Worth USD 84.5 Billion By 2022

Date: 2018-03-08

Color Cosmetics are substances or products used to enhance or alter the appearance or fragrance of the body. Many cosmetics are designed for use of applying to the face and hair. They are generally mixtures of chemical compounds; some being derived from natural sources (such as coconut oil), and some being synthetics.

The increasing per capita income among developing counties and rising demand for prestige cosmetics, and rise in demand for color cosmetics to reduce age related skin imperfections are the major drivers propelling the Color Cosmetics market, according to research, the global Color Cosmetics market is projected to worth USD 84.5 billion by 2022 with a CAGR of 5.3% through 2018-2022.

Base on application, Color Cosmetics can be segmented into nail products, lip products, eye make up, facial make up, hair color products, and others, the facial make up segment dominated the global market accounting for 31% of market share, followed by lip products and nail products. 

Geographically, Asia Pacific is expected to grow at the highest CAGR for the forecast period, also the Asia Pacific is expected to maintain its dominant position in the global market during the forecast period due to their rising consumer awareness and changing lifestyles amongst the  booming population and positive economy, region followed by Europe, which is expected to grow at a CAGR of 5.1 for the forecast period.

Global top manufacturers operating in Color Cosmetics market are Unilever N.V., L’Oreal Group, Avon Products, Inc., The Estée Lauder Companies Inc., Kryolan Professional Make-Up, Shiseido Co. Ltd., Chantecaille Beaute Inc., Coty Inc., Ciaté London, and Revlon Inc among others.

Global Color Cosmetics market share by geography as following:

Read Full Report: http://www.gosreports.com/global-color-cosmetics-market-report-and-forecast-to-2021/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 510-400-8520
Web: www.gosreports.com
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