Press release
Facial Makeup Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast - 2022 to 2028
The global facial makeup market is anticipated to grow at a CAGR of 5.5% during the forecast period (2022- 2028).Facial makeup is used to enhance the physical appearance of the face of individuals. Facial makeup products are used to color and highlight facial features. It can be applied over foundation and makes the skin color even and provides the impression of smoother skin. They are also used in concealing apparent imperfections such as pores, blemishes, dark spots, and wrinkles. Facial makeup products further provide moisturizing, antiseptic, anti-bacterial, and anti-inflammatory properties. Facial makeup plays an important role in improving facial features and overall beauty. The increase in income of the people and the influence of social media and constant product innovations by manufacturers with innovative promotions are some factors that are driving the growth of the global facial makeup market.A full report of Facial Makeup Market is available at:https://orionmarketreports.com/facial-makeup-market/29824/
Additionally, an increase in demand for natural and organic cosmetic products with natural plant-based ingredients and clean labelingare further accelerating the growth of the market. However, concerns regarding allergic reactions due to the presence of chemicals and strict regulations imposed on the usage of cosmetics ingredients by government agencies such as the Food Drug Administrative (FDA), and the European Union are some factors restraining the growth of the global facial makeup market.
Some major players in the market include L'Oreal S.A., The Estée Lauder Companies, and Revlon, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market.
Recent Strategic Initiatives
In June 2021, Coty Inc. relaunched Kylie Cosmetics with a new improved formula which is a clean label and vegan formula along with attractive packaging. This innovation has been done as per consumer preference and high demand for vegan and clean label products.
In March 2021, Coty Inc. expanded the Gucci beauty makeup line with new products for the face, lips, and eyes.
In March 2020, Shiseido Co. released a new cosmetic and skincare brand BAUM with a total of 27 products and 45 items with tree-derived natural fragrances.
Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Type
By Distribution Channel
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- L'Oreal S.A., the Estée Lauder Companies, and Revlon, Inc., among others.
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Facial Makeup Market Report by Segment
By Type
Face Powder
Facial Foundation
Facial Concealer
Face Bronzer
Blush
Others
By Distribution Channel
Supermarket/ hypermarket
Convenience Stores
Specialty Stores
Online Retail Stores
Others
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavor to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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