Silicone Makeup Sponge Market- Global Industry Analysis and Forecast (2023-2029)

Silicone Makeup Sponge Market was valued at US$ 0.68 Bn. in 2022. Global Silicone Makeup Sponge Market size is expected to grow at a CAGR of 8.53 % through the forecast period.
Silicone Makeup Sponge Market Overview:
A silicone makeup sponge is also called a jelly makeup sponge. It is reusable and made up of silicone. A silicone makeup sponge is used to apply foundation, concealer, and face powder. As compared to plastic, a silicone makeup sponge is durable and friendlier. It holds up better to the element (and varying temperatures) than plastic does. It is mainly used for liquid makeup applications. Silicone makeup sponge is available in a variety of shapes from teardrop to oval, round and more. Some advantages of silicone makeup sponge are that the cleaning of the sponge required much less time than makeup brushes and blenders, and no drying time is required. This sponge would not absorb the product. And it is budget-friendly. Because of these advantages the sales of silicone makeup sponge has increased.To know about the Research Methodology :- Request Free Sample Report
Silicone Makeup Sponge Market Dynamics:
Market Drivers:

1) Unique functionality: Other cosmetics blenders are porous in nature and they soak up some makeup, hence they do not apply all foundations and creams to the skin. But silicone makeup sponge is do not so soak up the makeup and because of this unique functionality the sales of silicone makeup Sponge are raising and this unique feature driving the market growth.

2) Changes in consumer’s lifestyle: Because of increase in urbanisation the consumer lifestyle has changed which is driving demand for the silicone makeup sponges. The increased awareness among the youth about the skin care has increased the market in developing countries significantly. Indian market is showing the growth of 19% in face care segment. 11.9% of CAGR of makeup market in India is expected through forecasted period.

3) Increased in number of working women: The increasing number of working women is pushing the demand of silicone makeup sponges and care products. In addition sales of silicone makeup sponges are increasing due to increase in disposable income and the improvement of women's purchasing power. The percentage of working women has increased to 47%. Number of working women in US in 2021 was 71.75 million.

4) Antibacterial property of sponge: Consumers are concerned about their hygiene and the amount of cosmetics they consume. The advantages of silicone make-up sponges are that they do not absorb foundations, powders and creams, are less wasteful and have antibacterial properties. Around 93% sponges not having ever been cleaned and 64% being dropped on the floor during use which can cause the bacterial infection. So the antibacterial property of silicone makeup sponge plays a major role in hygiene.

5) It is pocket friendly: Another major driver of the silicone cosmetic sponge market is a pocket-friendly, easy-to-carry package for women in their handbags. Silicone cosmetic sponges are available to consumers at low cost, so sales of silicone cosmetic sponges are increasing.

Market Challenges:

Competing with other makeup application tools that limit market growth: Silicone Makeup Sponge market from other makeup tools such as brushes and airbrush machines that act as restraints and are expected to hinder market growth. It is expected to face major challenges. Makeup Brushes Market size is 1580.5 billion which is expected to grow with CAGR of 8.3 % through forecasted period.
Silicone Makeup Sponge Market Segment Analysis:
Based on Type, the Silicone Makeup Sponge Market is segmented into Oval Shaped, Tear Drop Shape, Round Shape, Others. Oval shape Silicone Makeup Sponge dominated the market with 35% share in 2022. Oval shape silicone makeup sponge is reliable and it is used by makeup artist and makeup enthusiasts. Large end is used to apply foundation and tapered point perfect for blending concealer over the face. Round shape is convenient to use and it is user-friendly.Based on the Sales Channel, the Silicone Makeup Sponge Market is segmented into Direct and Indirect And Indirect is further classified into, Supermarkets and Hypermarkets, Convenience Stores, Independent Retailers, Online Sales, Other.

Supermarkets/Hypermarkets dominated in market with 60% share. Supermarkets/hypermarkets dominated the market. The offline store allows consumer to physically inspect their product. In addition supermarkets/ hypermarkets offer great discount and gift cards for attracting the consumer. Convenience stores give market share around 20% while online sales gives 15% market share.

E-Commerce segment is expected to witness strong growth during the forecast period. This growth is due to the increasing popularly of the internet in both urban and ruler areas with the increasing tendency of consumers to buy cosmetic online and the east and convenience of online shopping, the sales of cosmetic through online channel has increased significantly.
Silicone Makeup Sponge Market Regional Insights:
Asia pacific region shows highest growth for makeup sponge market. Both South Asia and East Asia show high market growth for the silicone makeup sponge market. This is because of the expedition of population and adaptation of innovative products amongst youth. Asia pacific region have 60% of youth population. The growing market of China and India are all like food to reinforce the increase of the silicone makeup sponge market. The Silicone makeup sponge market is expected to grow highly through the forecast period.

The profitable growth of the beauty products business good significantly increases the demand for silicone makeup sponges in developing countries. The Silicone makeup sponge market is expected to grow rapidly in North America due to high per capita income and heavy customer spending on beauty and personal care products. Mexican Cosmetic Market size is 9.75 billion which is expected to grow with CAGR of 7.6 % through forecasted period.

The Middle East and Africa is expected to grow steadily due to the increasing availability of major brands and increase per capita spending in the silicone makeup sponge market.

The objective of the report is to present a comprehensive analysis of the global Silicone Makeup Sponge 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 has 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 Silicone Makeup Sponge Market dynamic, structure by analyzing the market segments and projecting the Silicone Makeup Sponge Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Silicone Makeup Sponge Market make the report investor’s guide.
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Global Silicone Makeup Sponge Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 0.68 Bn.


Forecast Period 2023 to 2029 CAGR:
8.53%
Market Size in 2029:
US $ 1.21 Bn.


 Segments Covered:
by Type
• Oval-shaped
• Round Shape
• Tear Drop Shape
• Other


by Sales Channel
• Direct
• Indirect
o Supermarkets and Hypermarkets
o Convenience Stores
o Independent Retailers
o Online Sales
o Other


by Price Range
• Premium
• Economy
• Low



Silicone Makeup Sponge Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Silicone Makeup Sponge Market, Key Players are:
• Sano Naturals
• The Original Beauty Blender
• Nylea
• MAC
• Fenty Beauty
• Real Techniques
• Sephora
• Milk Makeup
• Color Me
• Avon
• Makeup Forever
• Alcone
• RMS Beauty
• Unilever
• Revlon

Frequently Asked Questions:

1] What segments are covered in the Global Silicone Makeup Sponge Market report?
Ans. The segments covered in the Silicone Makeup Sponge Market report are based on Product Type, Sales Channel, Price Range, and Region

2] Which region is expected to hold the highest share in the Global Silicone Makeup Sponge Market?
Ans. The Asia Pacific region is expected to hold the highest share in the Silicone Makeup Sponge Market.

3] What is the market size of the Global Silicone Makeup Sponge Market by 2029?
Ans. The market size of the Silicone Makeup Sponge Market by 2029 is expected to reach US$ 1.21 Bn.

4] What is the forecast period for the Global Silicone Makeup Sponge Market?
Ans. The forecast period for the Silicone Makeup Sponge Market is 2023-2029.

5] What was the market size of the Global Silicone Makeup Sponge Market in 2022?
Ans. The market size of the Silicone Makeup Sponge Market in 2022 was valued at US$ 0.68 Bn.