The color cosmetics market size is anticipated to reach at USD 86.9 billion by 2025 to expand at CAGR of 6.2%. High investment on advertising and marketing initiatives including promotions on social networking platforms and endorsements by celebrities have increased brand awareness and visibility among the consumers. Expansion of the digital marketing has been an important driver of this industry. Manufacturers are collaborating with the social influencers for their marketing and press strategies. This strong digital campaign has been shifting the shopping behavior of the consumers towards the e-commerce portals.
The Covid-19 pandemic has economic and societal impacts on the beauty and cosmetic care industry. With the shift in consumer needs and buying patterns, the industry has witnessed a setback in year 2020. Many companies have reported massive sales decline for business quarters in 2020. However, online sales have resulted in a huge popularity owing to contact less deliveries. For instance, the mass facial makeup and eye color cosmetics registered high sales volume through e-commerce.
Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/color-cosmetics-market
Color Cosmetics Market Report Highlights
• Facial products held the largest share of over 25.0% in 2018. Lip products are expected register the fastest CAGR of 7.0% from 2019 to 2025
•Online distribution channel is anticipated to expand at a CAGR of 9.3% from 2019 to 2025
•Asia Pacific is expected to be the fastest growing regional market. Increasing per capita income in countries such as China, India, Indonesia, and Brazil has provided consumers the space to spend more on premium personal care products.
•China makes a considerable contribution to the growth as Chinese travelers has fueled the sales of the color cosmetics significantly. They accounted for 45% of sales of the travel retails in the world.
•Europe accounted for a revenue share of 29.5% in 2018
Get Sample Copy Of This Report @ https://www.grandviewresearch.com/industry-analysis/color-cosmetics-market/request/rs1
Color Cosmetics Market Segmentation
Grand View Research has segmented the global color cosmetics market on the basis of product, distribution channel, and region:
Color Cosmetics Product Outlook (Revenue, USD Million, 2015 – 2025)
• Nail Products
• Lip Products
• Eye Products
• Facial Products
• Hair Products
Color Cosmetics Distribution Channel Outlook (Revenue, USD Million, 2015 – 2025)
Color Cosmetics Regional Outlook (Revenue, USD Million, 2015 – 2025)
• North America
• The U.S.
• Asia Pacific
• Central & South America
• Middle East & Africa
• Saudi Arabia
Speak to Analyst @ https://www.grandviewresearch.com/inquiry/3761/ibb
About Grand View Research
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
Country: United States