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Color Cosmetics Market Global Outlook Report 2025 | Industry Key Players - L’Oreal Group, Coty Inc., Krylon, Estee Lauder Companies Inc., Avon Products, Inc., Johnson & Johnson, Revlon, and Beiersdorf.

Color Cosmetics Market

Color Cosmetics Market

Color cosmetics are a mixture of chemicals that are used to enhance the appearance or divulging an aroma to the human body. The color cosmetics market is expected to witness growth, owing to increasing nail care segment.

Europe is expected to be the second largest market for color cosmetics in terms of revenue over the forecast period. Economies such as U.K., Germany, and France are major region for market. Increasing adoption of recent trends in fashion by population in this region and advent of social media bloggers and fashion influencers educating customers about new trends and fashion are increasing demand for color cosmetics, which in turn is expected to fuel growth of the market during the forecast period.
The color cosmetics market was valued at US$ 62.36 billion in 2016 and is expected to expand at a CAGR of 4.22%, in terms of revenue, over the forecast period (2017 – 2025).

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Asia Pacific is the dominant region in the global color cosmetics market and was valued at US$ 18.40 Bn in 2016. China is leading market in this region, owing to increasing prevalence of western culture and demand for branded products. In 2016, L’Oreal led the color cosmetics market in China owing to its high brand presence and extensive distribution network. India stands to be another important market for color cosmetics owing to growing demand from tier 2 and tier 3 cities. Owing to the stiff competition and market maturity, retailers are increasing their presence to tier 2 and tier 3 cities to gain market presence. Color cosmetic products such as lip sticks and nail polish are some of the most popular products across all age groups in India. In addition to this, entry of foreign players into the market is further driving the market. For instance, LASpalash Cosmetics, an US-based company and KIKO MILANO, Italian company, entered the Indian market in 2016.

On the basis of product type, color cosmetics market is segmented into nail care, lip care, eye make-up, and face make-up. On the basis of distribution sector, the market is segmented into hypermarkets, supermarkets, specialty stores, and online stores. Face make up segment is expected to account for the highest revenue share over the forecast period, due to increasing availability of cosmetic products at low prices. According to Coherent Market Insights analysis, the face make up segment is expected to grow at a CAGR of 5.6% during the forecast period.

Increasing inclination of women towards aesthetic appeal is one of the major driver for growth of color cosmetics market. Furthermore, new product launches such as new double wear foundation in 2017, increasing retail presence such as launch of new Sephora stores in Indian market are some of the factors playing a key role in the market.

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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