Makeup Market Size and Growth Prospects Estimated to Reach USD 75.23 Billion by 2030

The 𝐌𝐚𝐤𝐞𝐮𝐩 𝐌𝐚𝐫𝐤𝐞𝐭 size was valued at USD 51.31 Bn. in 2023 and the total revenue is expected to grow at CAGR 5.62% through 2024 to 2030, reaching nearly USD 75.23 Bn.

𝐌𝐚𝐤𝐞𝐮𝐩 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The makeup, also referred to as color cosmetics, encompasses a wide range of products designed to enhance the appearance of body parts, particularly the face, eyes, and nails. Makeup items include foundations, lipsticks, concealers, bronzers, mascaras, and eyeliners, among others. With the growing participation of women in the workforce and an increasing trend of physical appearance consciousness, particularly among millennials, the makeup industry has gained significant traction. Social media's influence and the rising popularity of selfies, especially among younger consumers, have further fueled this growth. Despite its popularity, the makeup market faces challenges from consumer awareness regarding the adverse effects of synthetic chemicals found in makeup products.

𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐈𝐬 𝐉𝐮𝐬𝐭 𝐚 𝐂𝐥𝐢𝐜𝐤 𝐀𝐰𝐚𝐲! https://www.maximizemarketresearch.com/request-sample/110212/

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐚𝐤𝐞𝐮𝐩 𝐌𝐚𝐫𝐤𝐞𝐭:

The growth of the makeup market is primarily driven by rising disposable incomes and the increasing emphasis on personal grooming and physical appearance. Women's expanding presence in the workforce and the growing acceptance of makeup among male consumers, as seen with brands like TOM FORD, which has developed products tailored for men, are key factors. Additionally, innovations in product formulations and aggressive marketing strategies by leading brands have bolstered consumer interest, particularly in developing regions.

𝐌𝐚𝐤𝐞𝐮𝐩 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

One of the major trends in the makeup market is the rise of digital marketing and e-commerce platforms, which have significantly altered consumer purchasing habits. More customers are now opting for online shopping, where they can access a wide variety of products and make informed purchasing decisions. Brands are focusing on offering sustainable and cruelty-free products, which have become important factors for eco-conscious consumers. The popularity of organic and vegan makeup products is also surging, especially among younger audiences who are more conscious of the environmental impact of their purchases.

𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 + 𝐆𝐫𝐚𝐩𝐡𝐬 𝐇𝐞𝐫𝐞: https://www.maximizemarketresearch.com/inquiry-before-buying/110212/

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐚𝐤𝐞𝐮𝐩 𝐌𝐚𝐫𝐤𝐞𝐭

𝐕𝐢𝐞𝐭𝐧𝐚𝐦 𝐚𝐧𝐝 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝
In Southeast Asia, mergers and acquisitions are accelerating as companies strive to tap into the growing demand for makeup products. Notable acquisitions include 𝐕𝐢𝐞𝐭𝐧𝐚𝐦'𝐬 𝐓𝐡𝐢𝐞𝐧 𝐋𝐨𝐧𝐠 𝐆𝐫𝐨𝐮𝐩 merging with local beauty startups to enhance its makeup portfolio. Similarly, 𝐓𝐡𝐚𝐢 𝐛𝐞𝐚𝐮𝐭𝐲 𝐛𝐫𝐚𝐧𝐝 𝐒𝐜𝐞𝐧𝐭𝐢𝐨 has partnered with regional distributors to expand its reach.

𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞
Singapore's 𝐎𝐒𝐈𝐌 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 has acquired several small-scale beauty tech startups to enhance its product offerings, particularly in makeup technology. The move is expected to propel OSIM's presence in the global beauty sector, focusing on high-tech beauty devices.

𝐉𝐚𝐩𝐚𝐧 𝐚𝐧𝐝 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚
In East Asia, 𝐒𝐡𝐢𝐬𝐞𝐢𝐝𝐨 continues to strengthen its dominance with acquisitions of innovative skincare and makeup brands, ensuring its position in the market. 𝐀𝐦𝐨𝐫𝐞𝐩𝐚𝐜𝐢𝐟𝐢𝐜 of South Korea, another industry leader, has recently acquired 𝐇𝐞𝐫𝐛𝐢𝐯𝐨𝐫𝐞 𝐁𝐨𝐭𝐚𝐧𝐢𝐜𝐚𝐥𝐬, a move that enhances its makeup and skincare line synergy.

𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬
In Europe, 𝐋'𝐎𝐫é𝐚𝐥 has made several high-profile acquisitions, including the purchase of 𝐍𝐘𝐗 𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜𝐬 and 𝐌𝐨𝐝𝐢𝐅𝐚𝐜𝐞, a leading augmented reality company. These strategic moves position L'Oréal as a key player in the digital makeup space. Similarly, 𝐂𝐨𝐭𝐲 𝐈𝐧𝐜., a prominent European cosmetics firm, has merged with 𝐊𝐲𝐥𝐢𝐞 𝐉𝐞𝐧𝐧𝐞𝐫'𝐬 𝐛𝐞𝐚𝐮𝐭𝐲 𝐥𝐢𝐧𝐞, expanding its portfolio significantly.

𝐔𝐒𝐀
In the United States, 𝐄𝐬𝐭é𝐞 𝐋𝐚𝐮𝐝𝐞𝐫 has entered into a significant merger with 𝐓𝐨𝐨 𝐅𝐚𝐜𝐞𝐝 𝐂𝐨𝐬𝐦𝐞𝐭𝐢𝐜𝐬, further solidifying its global makeup market position. Meanwhile, 𝐑𝐞𝐯𝐥𝐨𝐧 continues to focus on expanding its reach through regional acquisitions in Asia and the Americas.

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐭𝐨 𝐩𝐞𝐞𝐤 𝐢𝐧𝐬𝐢𝐝𝐞? 𝐆𝐫𝐚𝐛 𝐲𝐨𝐮𝐫 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐧𝐨𝐰: https://www.maximizemarketresearch.com/request-sample/110212/

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐚𝐤𝐞𝐮𝐩 𝐌𝐚𝐫𝐤𝐞𝐭

𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭

Foundation
Concealer
Powder
Primer

𝐛𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥

Online
Offline

𝐛𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧

Area
Lips
Eyes
Face
Nails

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐌𝐚𝐤𝐞𝐮𝐩 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

L'Oreal
LVMH Moet Hennessy Louis Vuitton
Coty Inc.
Kao Corporation
Oriflame
Estée Lauder Inc.
Unilever
Revlon, Inc.
Coty Inc.
The Procter & Gamble Company
Avon Products Inc.
Shiseido Co., Ltd
Kao Corporation
Amorepacific Corporation
Mary Kay Inc.

𝐆𝐞𝐭 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐎𝐧 𝐓𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐎𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.maximizemarketresearch.com/market-report/global-makeup-market/110212/

𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

Past Makeup Market Size and Competitive Landscape
Makeup Market Size, Share, Size & Forecast by different segment
Makeup Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Makeup Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Makeup 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

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐨𝐮𝐫 𝐭𝐨𝐩-𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐢𝐧𝐠 𝐫𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐚𝐭𝐞𝐬𝐭 𝐭𝐫𝐞𝐧𝐝𝐬:

♦ Global Stationary Battery Storage Market https://www.maximizemarketresearch.com/market-report/global-stationary-battery-storage-market/33154/

♦ Global Wind Turbine Blade Market https://www.maximizemarketresearch.com/market-report/global-wind-turbine-blade-market/33123/

♦ Solid Electrolyte Market https://www.maximizemarketresearch.com/market-report/solid-electrolyte-market/147478/

♦ Global Film Capacitor Market https://www.maximizemarketresearch.com/market-report/global-film-capacitor-market/58111/

♦ Low Voltage Disconnect Switches Market https://www.maximizemarketresearch.com/market-report/low-voltage-disconnect-switches-market/189107/

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