Makeup Market size was valued at US$ 393.13 Bn. in 2021 and the total revenue is expected to grow at CAGR 5.51% through 2022 to 2029, reaching nearly US$ 603.78 Bn.Makeup Market Overview:
The term make-up is also known as color cosmetics and refers to cosmetic preparations, such as powder or creams, which are used to enhance the appearance of the body parts, especially the face, eyes, fingernails, and toenails by application. Makeup refers to a wide range of products, such as Lipsticks, concealers, foundations, bronzers, mascaras, eyeliners, and others. Working women and college students are the major end-users of these products as they use cosmetics extensively in their everyday lives to seem respectable and elegant. In 2019, Makeup was the world's 51st most traded product and Makeup trade represented 0.24% of total world production.To know about the Research Methodology :- Request Free Sample Report
Makeup Market Dynamics:
The increased enrolment of women in the workforce and the growing physical appearance sensitivity among millennial customers across the globe are driving the market growth for the product. Consumer interest in face makeup products has increased as a result of the influence of social media and the rising selfie trend, particularly among the young population. Also, constant product developments from manufacturers, along with aggressive marketing, have aided the market's growth. The market is mainly driven by the increasing per capita disposable income of the consumers and increasing interest in personal hygiene and consciousness about physical appearance. The growing popularity of makeup among male consumers is likely to grow the makeup market growth during the forecast period. For instance, TOM FORD Company has targeted male customers by creating specialized products for the male gender. The Makeup product consists of several synthetic chemicals such as preservatives, pigments, and other additives, which cause serious side effects on the body such as allergic reaction, acne, black marks, and others. Rising customer awareness about the adverse effect of makeup products is expected to restrain the makeup market growth during the forecast period.Makeup Market Segment Analysis:
Based on the Product type, the market is segmented into Foundation, Concealer, Powder, and Primer. The Foundation segment captured the largest market share, accounting for 42.96 % in 2021. This segment is expected to grow at a CAGR of 5.27% during the forecast period. Foundation comes in a variety of forms, including liquid, cream, cake, and stick, and gives the skin a uniform hue. It also serves as a skin moisturizer and sunblock. The natural skin tone of the customer is sometimes altered by the foundation. Thanks to its various applications, the foundation segment has become more popular across the globe. The powder segment is expected to grow at a CAGR of 5.91% during the forecast period. The increased use of cosmetics, such as eye shadow pallets, blush, and base, which are available in powder form, is expected to increase the growth of the segment. Powder-type makeup provides a clean and natural appearance, resulting in changing the preference of consumers over other types. The concealer segment is expected to increase at rapid growth with a CAGR of 5.71% during the forecast period. As it hides dark areas, age spots, tiny blemishes, and other skin imperfections during the highlighting facial characteristics, driving the product demand across the globe. This cosmetics foundation product has grown in prominence in the male grooming market over the last few years. In response to the trend, manufacturers in this industry have been extending their concealer product lines.Based on Distribution Channel, the market is segmented into Offline and Online. The Offline segment held the largest market share, accounting for 75.99 % in 2021. Supermarkets, hypermarkets, and specialty stores are prominent retail venues in this distribution channel. Many people choose to purchase new cosmetic items such as brick maker and mortar shops because they allow consumers to test out the product before buying. The Online segment is expected to witness significant growth with the highest CAGR of 11.43% during the forecast period. E-commerce enables people to purchase in any place and any time along with a large variety of items. Ecommerce penetration has increased with slow magnitude in recent years, but the online share is expected to surge to 48% in the United States during the forecast period.
Asia Pacific region held the largest market share accounting for 30.5% by the US $ 141.33 Bn. in 2021. The makeup market growth in this region has been driven by a growing number of female working professionals along with increasing urbanization and standard of living. Demand for quick-to-apply and time-saving cosmetics, such as makeup foundations, has risen in this region over the last few years. Furthermore, a rising number of middle-class customers in this region, particularly in China and India, has fueled the demand for luxury cosmetics. According to the Economic Survey of Japan, in 2018 the quantity of cosmetics produced has increased and reached 455 thousand tons of units in Japan. The North America region is expected to witness the highest CAGR of 6.14% during the forecast period and account for 26.2% of total revenue in 2021. Increasing expenditure of the populace, along with increased demand for a premium product drives the regional growth of the product. Consumption of herbal products, especially skin care and hair care, increases in the United States, resulting in a positive impact on the makeup market. The objective of the report is to present a comprehensive analysis of the Trampoline Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Trampoline Market dynamic, structure by analyzing the market segments and projecting the Trampoline Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Trampoline Market make the report investor’s guide.
Makeup Market Regional Insights:
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Global Makeup Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 393.13 Bn. Forecast Period 2022 to 2029 CAGR: 5.51% Market Size in 2029: US $ 603.78 Bn. Segments Covered: by Product • Foundation • Concealer • Powder • Primer by Distribution Channel • Online • Offline Makeup Market by Region
• North America • Europe • Asia Pacific • South America • The Middle East and AfricaMakeup Market Key Players
• 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.Frequently Asked Questions:
1] What segments are covered in the Makeup Market report? Ans. The segments covered in the Makeup Market report are based on Product Type and Distribution Channel. 2] Which region is expected to hold the highest share in the Makeup Market? Ans. Asia Pacific region is expected to hold the highest share in the Makeup Market. 3] What is the market size of the Makeup Market by 2029? Ans. The market size of the Makeup Market by 2029 is US$ 603.78 Bn. 4] Who are the top key players in the Makeup Market? Ans. 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, and Mary Kay Inc. 5] What was the market size of the Makeup Market in 2021? Ans. The market size of the Makeup Market in 2021 was US $ 393.13 Bn.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Makeup Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Makeup Market 3.4. Geographical Snapshot of the Makeup Market, By Manufacturer share 4. Global Makeup Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Makeup Market 5. Supply Side and Demand Side Indicators 6. Global Makeup Market Analysis and Forecast, 2021-2029 6.1. Global Makeup Market Size & Y-o-Y Growth Analysis. 7. Global Makeup Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Product, 2021-2029 7.1.1. Foundation 7.1.2. Concealer 7.1.3. Powder 7.1.4. Primer 7.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 7.2.1. Online 7.2.2. Offline 8. Global Makeup Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Makeup Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 9.1.1. Foundation 9.1.2. Concealer 9.1.3. Powder 9.1.4. Primer 9.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 9.2.1. Online 9.2.2. Offline 10. North America Makeup Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Makeup Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 12. Canada Makeup Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 13. Mexico Makeup Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 14. Europe Makeup Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 15. Europe Makeup Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Makeup Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 17. France Makeup Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 18. Germany Makeup Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 19. Italy Makeup Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 20. Spain Makeup Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 21. Sweden Makeup Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 22. CIS Countries Makeup Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 23. Rest of Europe Makeup Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 24. Asia Pacific Makeup Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 25. Asia Pacific Makeup Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Makeup Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 27. India Makeup Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 28. Japan Makeup Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 29. South Korea Makeup Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 30. Australia Makeup Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 31. ASEAN Makeup Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 32. Rest of Asia Pacific Makeup Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 33. Middle East Africa Makeup Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 34. Middle East Africa Makeup Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Makeup Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 36. GCC Countries Makeup Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 37. Egypt Makeup Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 38. Nigeria Makeup Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 39. Rest of ME&A Makeup Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 40. South America Makeup Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 41. South America Makeup Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Makeup Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 43. Argentina Makeup Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 44. Rest of South America Makeup Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Product , 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Makeup Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile : Key Players 45.3.1. Coty Inc 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.4. L'Oreal 45.5. LVMH Moet Hennessy Louis Vuitton 45.6. Coty Inc 45.7. Kao Corporation 45.8. Oriflame 45.9. Estée Lauder Inc 45.10. Unilever 45.11. Revlon, Inc 45.12. Coty Inc 45.13. The Procter & Gamble Company 45.14. Avon Products Inc 45.15. Shiseido Co., Ltd 45.16. Kao Corporation 45.17. Amorepacific Corporation 45.18. Mary Kay Inc 46.Primary Key Insights