Posted on 2 December, 2014
DALLAS, March 6, 2015 /PRNewswire/ --
The report "Color Cosmetics Market by Target Market (Prestige Products and Mass Products), by Application (Nail Products, Lip Products, Eye Make-up, Facial Make-up, Hair Color Products, Special Effect Products Others) and by Geography - Forecasts and Trends to 2019", published by MarketsandMarkets, The Color Cosmetics Market is projected to grow at a CAGR of 4.0% between 2014 and 2019 to reach $47 Billion by 2019, in terms of value.
Browse 130 Market Data Tables and 62 Figures spread through 170 Pages and in-depth TOC on "Color Cosmetics Market".
Early buyers will receive 10% customization on this report.
The report also identifies the driving and restraining factors for color cosmetics market with an analysis of drivers, restraints, opportunities, and strengths. The market is segmented and the value has been forecasted on the basis of important regions, such as Asia-Pacific, North America, Europe, and Rest of the World (RoW). Further, the market is segmented and the demand and value are forecasted on the basis of various key applications of color cosmetics, such as nail products, lip products, eye make-up, and other applications.
Innovations in color cosmetics and rising consumer disposable income is leading the growth of this market in North America and Europe
One of the biggest manufacturers in the color cosmetics field is Coty which is situated both in the U.S. as well as Europe. The rise in disposable incomes in these developed regions, and new product launches in the color cosmetics market has made the U.S. and the U.K. the largest markets for color cosmetics. U.K. is the largest market for color cosmetics in Europe that is projected to register over 20% growth in Western Europe between 2010 and 2015. The developing economies of Asia namely China and India are also projected to register high growth rate in the color cosmetics market in the next five years. The prestige products registered strong growth in 2013 as consumers traded prestige brands over mass products and this trend is projected to continue for the next five years.
The color cosmetics is a flourishing market as consumers continue to explore new looks and manufacturers are producing more pleasing formulas and textures to cater to the rising demand from these consumers.
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