Press release
Setting Spray Market Valued at USD 920.8 Million in 2022, Anticipated to Reach USD 1459.37 Million by 2029
Setting Spray Market
The report offers comprehensive insights into the Setting Spray Market, including market values, growth drivers, restraints, and regional trends. The research methodology involves a meticulous bottom-up approach, estimating market size, and identifying key players through both secondary and primary research. Industry experts, logistics providers, and key opinion leaders were interviewed for primary research, providing accurate and reliable data.
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What are Setting Spray Market Dynamics?
Market Drivers:
The increasing demand for long-lasting makeup products among consumers is a major growth driver for the setting spray market. Consumers seeking convenience and makeup that stays put throughout the day, especially in challenging conditions, prefer long-lasting and waterproof products. Long-lasting makeup offers cost-effectiveness and eliminates the need for frequent touch-ups, making it popular for special occasions and busy lifestyles. The rising popularity of makeup among younger generations, the demand for vegan and cruelty-free cosmetics, and the trend of natural and organic beauty products also contribute to the market growth.
Market Restraints:
Certain ingredients in setting sprays may have negative health effects, which could limit market growth. Consumers are increasingly concerned about the potential risks associated with certain preservatives and chemicals, leading them to avoid products containing such ingredients. Additionally, economic downturns and availability of alternative products in the market may impact consumer spending on non-essential items like makeup products, potentially restraining the demand for setting sprays.
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What is Setting Spray Market Segmentation?
In terms of volume and value, the after makeup application had the biggest market share in the worldwide setting spray market in 2022. By 2029, the market is anticipated to expand at a CAGR of 6.5% while retaining its leadership. Setting sprays are typically applied after makeup has been applied to keep it in place and lengthen its wear duration. The setting spray is typically misted over the face after applying cosmetic items including foundation, concealer, powder, blush, and eyeshadow, and is then let to dry. Through the course of the day, this protective layer keeps makeup in place and keeps it from smearing or fading.
According to End Users, the residential sector held the largest revenue share in the worldwide setting spray market in 2022. The segment is anticipated to expand at a CAGR of 6.9% over the course of the projection period. Residential end-users, such as individual buyers who buy them for individualised usage at home or on the go, are the main users of setting sprays. This is because most people who use makeup want it to last as long as possible without the need for touch-ups, and setting sprays are typically used as a finishing touch to set makeup and lengthen its wear life. Because they want to keep their makeup intact throughout the day, residential end-users have a larger need for setting sprays, which helps the market grow
Setting Spray Market by Application
1. Before Makeup
2. After Makeup
Setting Spray Market by End User
1. Commercial
2. Residential
Setting Spray Market by Distribution channel
1. Offline
1. Hypermarket & Supermarket
2. Retail Stores & Specialty Stores
3. Others
2. Online
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Who are Setting Spray Market Key Players?
1. L'Oreal
2. Estee Lauder Companies
3. Shiseido
4. Coty
5. Procter & Gamble
6. Unilever
7. LVMH
8. Revlon
9. Avon Products
10. Johnson & Johnson
11. Beiersdorf
12. Amorepacific
13. Kao Corporation
14. Chanel
15. Henkel AG & Co. KGaA
16. Puig
17. Colgate-Palmolive
18. Mary Kay
19. Oriflame Cosmetics
20. Natura & Co
21. Yves Rocher
22. Elizabeth Arden
23. Clarins
24. The Body Shop
25. Sephora
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Table of content for the Setting Spray Market includes:
Global Setting Spray Market : Research Methodology
Global Setting Spray Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Setting Spray Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Setting Spray Market Segmentation
Global Market, by Application(2021-2029)
Global Market, by End User(2021-2029)
Global Market, by Distribution channel(2021-2029)
Regional Setting Spray Market (2021-2029)
Global Market, by Application(2021-2029)
Global Market, by End User(2021-2029)
Global Market, by Distribution channel(2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Regional Insights:
North America is the largest market for setting sprays, accounting for over 35% of the market share in 2022. The region is anticipated to continue its growth at a CAGR of 7.2% during the forecast period. The increasing popularity of makeup among younger generations, the demand for natural and organic beauty products, and the influence of social media influencers promoting beauty products contribute to the market's growth in North America. Europe is another significant market for setting sprays, driven by the demand for vegan and cruelty-free cosmetics, continuous product innovation, and the growth of the e-commerce industry.
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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