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Color Cosmetics Market to Hit USD 9,555 Million By 2023

11-25-2022 07:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Color Cosmetics Market

Color Cosmetics Market

According to a new report published by Allied Market Research, titled, Color Cosmetics Market by Target and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global color cosmetics market was valued at $5,875 million in 2016, and is projected to reach at $9,555 million by 2023, registering a CAGR of 7.4% from 2017 to 2023.

Color cosmetics are beauty products used to enhance the external appearance of a human body. These cosmetics are made up of chemicals and natural ingredients such as secretions, pearl powder, ground bamboo, seaweed, venom, Tremella mushrooms, and starfish extract. Color cosmetic products include facial make up product, nail care product, eye make-up product, and lip care products.

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Major Key Players:

The other key market players of the value chain (not profiled in this report) include LVMH Moët Hennessy Louis Vuitton SE, Procter & Gamble Co., Natura Cosméticos S.A., AmorePacific Corporation, The Colgate-Palmolive Company, Henkel AG & Co. KGaA, Mary Kay Inc., L Brands Inc., and KOSÉ Corporation.

Key Benefits:

-> The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global color cosmetics market to elucidate the prevailing opportunities and tap the investment pockets.

-> It offers qualitative trends and quantitative analysis of the global market from 2016 to 2023 to assist stakeholders to understand the market scenario.

-> In-depth analysis of the key segments demonstrates the potential markets for growth of the color cosmetics industry.

-> Competitive intelligence of the industry highlights the business practices followed by key players across geographies and prevailing market opportunities.

-> Key market players and their strategies & developments are profiled in the report to understand the competitive outlook of the market.

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The color cosmetics industry in Brazil is estimated to be the fourth largest in the world and is estimated to attract manufacturers in the near future. However, awareness about appearance in the Middle East countries, such as Saudi Arabia, UAE, and Egypt, is estimated to grow at a faster rate than Latin American countries. The market growth in Middle East countries is due to urbanization and increased disposable income.

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Related Reports:

Middle East skin care products- https://alliedmarketresearch.com/middle-east-skin-care-products-market-A12707

Beard Trimmer Market - https://www.alliedmarketresearch.com/beard-trimmer-market-A16870

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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