Color Cosmetics Market Is Set to Boom by 2023

Color Cosmetics Market Size is Set to Grow at a Remarkable Pace in the Coming Years.

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Portland, OR -- (SBWire) -- 07/26/2017 --Color cosmetics are personal care products used to enhance appearance of the human body. These products, such as hair color, nail polish & nail polish removers, eye liners & mascara, body lotions & creams, hair oil, shampoo, and soap, consist of cosmetic ingredients that provide skin care, hair care, fragrance, oral care, and personal hygiene.

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Due to higher disposable incomes of the people, North America and Europe contribute maximum share to the color cosmetics industry. Increase in consumer expenditure, high standards of living, and development of new products drive the market growth. However, strict government regulations and high costing associated with certain products may restrict market growth. Nonetheless, growth in population in India and China provides numerous opportunities for market development.

In March 2017, Chanel Inc. collaborated with French startup Capsum to launch the first cream consisting of micro droplets-a new product in the area of microfluidics for cosmetics. This product is based on a new type of emulsion in which droplets containing value-added fat-soluble active ingredients are protected until application of the product, providing enhanced moisturization to the skin.

This report provides comprehensive competitive analysis of major market players such as LOral S.A., Estee Lauder Companies Inc., Avon Product Inc., Coty Inc., Krylon Products Group, Revlon Inc., Procter & Gamble Co., Johnson & Johnson Pvt. Ltd., Beiersdorf AG., and Henkel AG & Company KGaA.

Color Cosmetics Market Key Segments:
By Target Population
- Prestigious Products
- Mass Products

By Application
- Lip Products
- Nail Products
- Eye Makeup
- Facial Makeup
- Hair Color Products
- Special Effects Products

By Geography
- North America
o U.S.
o Mexico
o Canada
- Europe
o UK
o France
o Germany
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o China
o India
o Japan
o Korea
o Australia
o Rest of Asia-Pacific
- LAMEA
o Brazil
o Kingdom of Saudi Arabia (KSA)
o South Africa
o Rest of LAMEA

*Other players in the value chain include:
- LVMH Mot Hennessy Louis Vuitton SE
- Unilever
- Reckitt Benckiser Group plc
- Colgate-Palmolive Company
- Shiseido Co. Ltd.

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