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Face Color Cosmetics Market Set to Witness an Uptick during 2015 -2021
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The global face color cosmetics market is expected to grow substantially with a considerable single digit CAGR from 2015 to 2021. There is a significant increase in the usage of face color cosmetics products by all age-group and segments. Earlier it was believed to be used by influential people and premium segment; however it has become largely main stream in today’s world with mass production and affordable prices.
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The key drivers of this market include women in workforce, growing fashion and film industry growth in retail segment and changing lifestyle worldwide. Good looks are associated with confidence and popularity and thus these factors serve as underlying motives of higher usage of make-up by women. Some of the restraining factors could be the stringent government regulations on the ingredients being used in the products and the labeling of products.
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The face color cosmetic market can be segmented into four major types as blusher, foundation, face powder and concealers. A detailed description of different product lines and its demand under the above four categories has been given in this report. The market can also be segmented on the basis of geographies as Europe, Asia Pacific, Rest of the World (MENA and Latin America) and North America.
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