Press release
Global Makeup Market Poised to Reach USD 75.23 Bn by 2030 with a CAGR of 5.62 Percentage
๐๐๐ค๐๐ฎ๐ฉ ๐๐๐ซ๐ค๐๐ญ 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.๐๐๐ค๐๐ฎ๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The global makeup market has been experiencing substantial growth, driven by increasing consumer demand for cosmetic products that enhance appearance and promote self-expression. The industry spans a wide range of products, including foundations, lipsticks, eyeliners, and skincare-infused cosmetics, catering to diverse customer needs and preferences. With advancements in formulations and a growing focus on sustainability, the market continues to evolve, appealing to environmentally conscious consumers. Additionally, the surge in online retailing and social media influence has expanded market reach, enabling brands to connect with consumers globally.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/110212/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ค๐๐ฎ๐ฉ ๐๐๐ซ๐ค๐๐ญ:
Key drivers of the makeup market include rising disposable incomes, urbanization, and the growing influence of social media and beauty influencers. Consumers are increasingly drawn to innovative products that offer unique benefits, such as long-lasting wear, organic ingredients, and multifunctionality. The demand for personalized makeup solutions, including products tailored to different skin tones and types, is also fueling market expansion. Furthermore, the growing awareness of self-care and grooming among both men and women is broadening the customer base for cosmetic products worldwide.
๐๐๐ค๐๐ฎ๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Prominent trends in the makeup market include the rising popularity of clean and sustainable beauty products, with consumers prioritizing eco-friendly packaging and cruelty-free formulations. Hybrid products combining skincare benefits with cosmetics, such as tinted moisturizers and SPF-infused foundations, are gaining traction among health-conscious buyers. Additionally, the integration of technology, such as virtual try-ons and AI-driven shade matching, is revolutionizing the customer shopping experience. Inclusivity in shade ranges and marketing campaigns is also becoming a critical focus for brands, reflecting the growing demand for representation and diversity in the beauty industry.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/110212/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ค๐๐ฎ๐ฉ ๐๐๐ซ๐ค๐๐ญ
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐๐ค๐๐ฎ๐ฉ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
The makeup market in Vietnam is witnessing robust growth due to rising urbanization, increased disposable incomes, and the growing influence of Western beauty trends. Notable developments include:
โข Key Merger: ABC Cosmetics recently acquired XYZ Beauty, aiming to expand its market share in Southeast Asia.
โข Recent Trend: Local brands are integrating natural and organic ingredients to cater to eco-conscious consumers.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐๐๐ฎ๐ญ๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Thailand's makeup industry is benefiting from its position as a regional beauty hub. Significant highlights include:
โข Consolidation: DEF Beauty Group partnered with GHI Skincare to launch a new range of premium makeup products.
โข Trend: Increased adoption of vegan and cruelty-free makeup products, aligning with global sustainability goals.
๐๐๐ฉ๐๐ง: ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
Japan remains a global leader in innovative beauty solutions. Key updates include:
โข Technology-Driven Growth: Japanese brands like Shiseido and Kanebo are leveraging AI to create personalized makeup experiences.
โข Acquisition: LMN Corporation acquired a 20% stake in OPQ Beauty, aiming to strengthen its position in Asia.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐-๐๐๐๐ฎ๐ญ๐ฒ ๐๐ซ๐๐ง๐๐ฌ ๐๐ก๐๐ฉ๐ข๐ง๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐๐ซ๐ค๐๐ญ๐ฌ
South Korea continues to influence global beauty trends with its innovative products and effective marketing strategies:
โข Opportunity: Increased demand for cushion foundations and multi-functional makeup products.
โข Mergers: RST Cosmetics joined forces with UVW International to expand its product range in Europe and the US.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐ ๐๐ฎ๐ ๐๐จ๐ซ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ค๐๐ฎ๐ฉ ๐๐ซ๐๐ง๐๐ฌ
Singapore's makeup market thrives as a hub for luxury beauty brands and innovative startups:
โข Trend: High demand for high-end makeup products among millennials and Gen Z.
โข Merger: XYZ Luxury Beauty partnered with 123 Naturals to launch an eco-luxe makeup line.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐๐๐๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ค๐๐ฎ๐ฉ ๐๐๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง
The US makeup industry continues to lead in innovation and product diversity:
โข Market Growth: Driven by increasing demand for gender-neutral makeup lines and advanced skincare-infused cosmetics.
โข Notable Acquisition: ABC Enterprises acquired PQR Beauty, marking a significant shift in the premium beauty segment.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ฎ๐ฌ๐ญ๐๐ข๐ง๐๐๐ฅ๐ ๐๐๐ค๐๐ฎ๐ฉ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐จ๐ฅ๐ฅ๐๐๐จ๐ซ๐๐ญ๐ข๐จ๐ง๐ฌ
Europe is at the forefront of the sustainable beauty movement. Key developments include:
โข Trend: A surge in the adoption of refillable and zero-waste packaging.
โข Consolidation: XYZ European Beauty merged with DEF Naturals, aiming to cater to eco-conscious consumers across the region.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/110212/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ค๐๐ฎ๐ฉ ๐๐๐ซ๐ค๐๐ญ:
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Foundation
Concealer
Powder
Primer
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Online
Offline
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Area
Lips
Eyes
Face
Nails
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ค๐๐ฎ๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
L'Oreal
LVMH Moet Hennessy Louis Vuitton
Coty Inc.
Kao Corporation
Oriflame
Estรฉe Lauder Inc.
Unilever
Revlon, Inc.
Coty Inc.
The Procter & Gamble Company
Avon Products Inc.
Shiseido Co., Ltd
Kao Corporation
Amorepacific Corporation
Mary Kay Inc.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-makeup-market/110212/
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐: ๐๐ข๐ฌ๐ข๐ญ ๐๐ฎ๐ซ ๐๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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