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Global Makeup Market Poised to Reach USD 75.23 Bn by 2030 with a CAGR of 5.62 Percentage

Makeup Market

Makeup Market

๐Œ๐š๐ค๐ž๐ฎ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ 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.

๐Œ๐š๐ค๐ž๐ฎ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

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.

๐†๐ž๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/110212/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ค๐ž๐ฎ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

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.

๐Œ๐š๐ค๐ž๐ฎ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

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.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/110212/

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ค๐ž๐ฎ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: ๐Œ๐š๐ค๐ž๐ฎ๐ฉ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

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:
โ€ข Key Merger: ABC Cosmetics recently acquired XYZ Beauty, aiming to expand its market share in Southeast Asia.
โ€ข Recent Trend: Local brands are integrating natural and organic ingredients to cater to eco-conscious consumers.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: ๐๐ž๐š๐ฎ๐ญ๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

Thailand's makeup industry is benefiting from its position as a regional beauty hub. Significant highlights include:
โ€ข Consolidation: DEF Beauty Group partnered with GHI Skincare to launch a new range of premium makeup products.
โ€ข Trend: Increased adoption of vegan and cruelty-free makeup products, aligning with global sustainability goals.

๐‰๐š๐ฉ๐š๐ง: ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐„๐ฑ๐ฉ๐š๐ง๐ฌ๐ข๐จ๐ง

Japan remains a global leader in innovative beauty solutions. Key updates include:
โ€ข Technology-Driven Growth: Japanese brands like Shiseido and Kanebo are leveraging AI to create personalized makeup experiences.
โ€ข Acquisition: LMN Corporation acquired a 20% stake in OPQ Beauty, aiming to strengthen its position in Asia.

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: ๐Š-๐๐ž๐š๐ฎ๐ญ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐’๐ก๐š๐ฉ๐ข๐ง๐  ๐†๐ฅ๐จ๐›๐š๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ๐ฌ

South Korea continues to influence global beauty trends with its innovative products and effective marketing strategies:
โ€ข Opportunity: Increased demand for cushion foundations and multi-functional makeup products.
โ€ข Mergers: RST Cosmetics joined forces with UVW International to expand its product range in Europe and the US.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: ๐€ ๐‡๐ฎ๐› ๐Ÿ๐จ๐ซ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐Œ๐š๐ค๐ž๐ฎ๐ฉ ๐๐ซ๐š๐ง๐๐ฌ

Singapore's makeup market thrives as a hub for luxury beauty brands and innovative startups:
โ€ข Trend: High demand for high-end makeup products among millennials and Gen Z.
โ€ข Merger: XYZ Luxury Beauty partnered with 123 Naturals to launch an eco-luxe makeup line.

๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ: ๐‹๐ž๐š๐๐ข๐ง๐  ๐ญ๐ก๐ž ๐Œ๐š๐ค๐ž๐ฎ๐ฉ ๐‘๐ž๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง

The US makeup industry continues to lead in innovation and product diversity:
โ€ข Market Growth: Driven by increasing demand for gender-neutral makeup lines and advanced skincare-infused cosmetics.
โ€ข Notable Acquisition: ABC Enterprises acquired PQR Beauty, marking a significant shift in the premium beauty segment.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž: ๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ฅ๐ž ๐Œ๐š๐ค๐ž๐ฎ๐ฉ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐‚๐จ๐ฅ๐ฅ๐š๐›๐จ๐ซ๐š๐ญ๐ข๐จ๐ง๐ฌ

Europe is at the forefront of the sustainable beauty movement. Key developments include:
โ€ข Trend: A surge in the adoption of refillable and zero-waste packaging.
โ€ข Consolidation: XYZ European Beauty merged with DEF Naturals, aiming to cater to eco-conscious consumers across the region.

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ? ๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/110212/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Œ๐š๐ค๐ž๐ฎ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ

Foundation
Concealer
Powder
Primer

๐›๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ

Online
Offline

๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Area
Lips
Eyes
Face
Nails

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐Œ๐š๐ค๐ž๐ฎ๐ฉ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

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.

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-makeup-market/110212/

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Asia Pacific Digital Banking Platform Market https://www.maximizemarketresearch.com/market-report/asia-pacific-digital-banking-platform-market/44572/

โ™ฆGlobal Base Layer Market https://www.maximizemarketresearch.com/market-report/base-layer-market/122316/

โ™ฆGlobal Enterprise Firewall Market https://www.maximizemarketresearch.com/market-report/global-enterprise-firewall-market/24107/

โ™ฆTow Truck Market https://www.maximizemarketresearch.com/market-report/tow-truck-market/189225/

โ™ฆCloud IDS/IPS Market https://www.maximizemarketresearch.com/market-report/global-cloud-intrusion-detection-system/1374/

โ™ฆGas Cutting Machine Market https://www.maximizemarketresearch.com/market-report/gas-cutting-machine-market/77015/

โ™ฆWater Transport Market https://www.maximizemarketresearch.com/market-report/water-transport-market/164097/

MAXIMIZE MARKET RESEARCH PVT. LTD.

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