Color Cosmetics Market Global Demand, & Recent Trends 2020

1. Color Cosmetics Market Color Cosmetics Market is expected to reach USD 77.7 Billion in 2020 View Full Report @ https://bit.ly/2Vu3o7F

2. Introduction • The Global Color Cosmetics Market stood at USD 57.4 Billion in 2014 and it is expected to reach USD 77.7 Billion in 2020 with a CAGR of 5.7%. Color cosmetics have wide applications in nail products, lip products, eye make-up, facial make-up, and other. • Color cosmetics refer to the colorants and cosmetics ingredients that help to enhance the appearance of the human body. View Full Report @ https://bit.ly/2Vu3o7F

3. Drivers • The cosmetic products market is estimated to grow with the increasing demand for skin care products, color cosmetics, hair care products, and other such cosmetics. • The changing fashion trends, rising standards of living, and globalization of the cosmetic industry are driving the cosmetic products market. • The leading companies in the market are involved in technological advancements and innovations to develop new products. View Full Report @ https://bit.ly/2Vu3o7F

4. Industry Insights • The demand for color cosmetics is expected to register higher growth in the lip products, facial make-up products, nail products, and eye make-up products. • The multi-benefit products are driving the color cosmetics market that provides additional characteristics such as anti-aging benefits and UV protection. • This industry is highly dynamic which demands product differentiation and the manufacturers experiment with new textures and formats to survive in the competitive market. • The facial make-up market is registering fast growth and manufacturers are creating foundations that incorporate light-capturing crystals. • With the rise of products for instance, anti-aging foundations, the foundations are being formulated with better skin care formulas. • The lip care category is becoming more lucrative by offering products that combine shimmering, shiny textures with a long-lasting and caring formula as well as is contained in a stick form for ease of application. View Full Report @ https://bit.ly/2Vu3o7F

5. Regional Insights • The market segmentation and value forecast is made on the basis of key regions, which are North America, Europe, Asia-Pacific, and Rest of the World (RoW). Further, the market is segmented and the demand and value are forecasted on the basis of important applications of the color cosmetics. • The U.S. color cosmetics products are growing due to continuous technological innovations, developing fashion trends, and immature markets for some products. • Nail polish and BB creams registered the highest growth in the U.S. between 2012 and 2014 due to advances in technology with major developments in highlights including gel nail polishes which have gained immense popularity. • The convenience and ease of use provided by the BB creams has driven their demand in the color cosmetics market of the U.S. • In the U.K., the prestige products play a significant role in driving the demand for color cosmetics. The U.K. is projected to register around 30% of all growth in the region’s prestige color cosmetics market sales between 2010 and 2015. View Full Report @ https://bit.ly/2Vu3o7F

6. Key Players • The cosmetic products market is highly fragmented with huge multinational companies engaged in the manufacturing, distribution, and retailing of cosmetic products. • The leading players in this market include Procter & Gamble Co. (U.S.), the L’Oreal Group (France), The Estée Lauder Companies, Inc. (U.S.), and Unilever PLC. (U.K.). It also includes players such as Shiseido Company Ltd. (Japan), Avon Products Inc. (U.S.), and others. • The leading players accounted for one-third of the market share in 2013. The market is competitive, with players offering a wide range of products on the basis of their application. • The companies continuously invest in R&D to introduce innovative products with multiple functions and advanced formulations to cater to their customer demands. • They also invest in expansion of their production facilities in countries that have market potential, to enhance their global reach. View Full Report @ https://bit.ly/2Vu3o7F

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