Global Market for Color Cosmetics is Anticipated to grow at a Significant Pace i.e., USD 87.9 Billion during the Forecast Period 2025 - 2030

Published Date: Mar, 2024

The report "Color Cosmetics Market by Category (Prestige Products, Mass Products), by Application (Nail Products, Lip Products, Eye Make-up, Facial Make-up, Hair Color Products, Special Effect Products) - Global Forecast to 2030", The global color cosmetics market is expected to grow at a significant pace i.e., at a CAGR of 6.8% during the forecast period. Color cosmetics are the colorants and cosmetic elements that are used for personal hygiene, skincare, make-up, fragrance, hair care, and oral care. The increased consumer awareness about color cosmetics products, the need to have an aesthetic appearance by the female population, the increased influence of social media fashion bloggers, and education to the masses are the factors driving the market growth of the global color cosmetics industry. Moreover, the increased adoption of e-commerce platforms, extensive use to reduce age-related skin issues, improve life quality, and rising market demand for organic color cosmetics will propel the market development of the color cosmetics industry.  Also, it offers benefits like anti-tan, anti-aging, anti-pigmentation, etc, thereby bolstering market expansion of the global color cosmetics industry. As a result, the market for color cosmetics is being aided by changing beauty trends, which are increasing the demand for versatile cosmetics. Nonetheless, the demand for color cosmetics is rapidly increasing due to potential advantages like cleansing, beautifying or altering appearance, and improving attractive features.

In December 2022, Avon formed a partnership with Perfect Corp to launch a virtual try-on (VTO) online shopping experience in nine initial markets, including the United Kingdom, Poland, Russia, South Africa, Turkey, the Philippines, Italy, Romania, and the Czech Republic. Avon customers can instantly try on products via their mobile camera or webcam on a desktop, viewing products come to life with hyper-realistic results via Perfect Corp.'s AI and AR virtual try-on technology.

Browse 53 market data Tables and 35 Figures spread through 210 Pages and in-depth TOC on " Color Cosmetics Market by Category (Prestige Products, Mass Products), by Application (Nail Products, Lip Products, Eye Make-up, Facial Make-up, Hair Color Products, Special Effect Products), and Region - Global Forecast to 2030

By Application, the Lip Products segment will witness the fastest market growth during the forecast period.

Based on Application, the Global Color Cosmetics Market is categorized into Nail Products, Lip Products, Eye Make-Up, Facial Make-Up, Hair Color Products, and Special Effect Products.  The Lip Products is expected to have the fastest growth during the forecast period and the latest development of unusual color ranges and finishes has taken the global market by storm. End users are considering choosing unusual colors like blue, black, and neon hues as well as various finishes like liquid matte, metallic, glitter, opaque gloss, sheer gloss, etc. Moreover, because lipsticks are applied directly to the mouth, people are becoming more and more aware of the ingredients used in them. The production of organic cosmetics is increasing as toxic ingredients like lead, phthalates, and parabens are less frequently used in products, which is expected to increase the market size for color cosmetics.

Global Color Cosmetics Market Segmentation and Key Players

Segment / Key Players

Categorization

Category

 Prestige Products and Mass Products

Application

Nail Products, Lip Products, Eye Make-up, Facial Make-up, Hair Color Products, Special Effect Products

Key Players

Unilever N.V., L'oréal Group, Avon Products, Inc., The Estée Lauder Companies Inc., Shiseido Co. Ltd., Coty Inc., Revlon Inc., Ciaté London, Chantecaille Beaute Inc. and Kryolan Professional Make-Up.

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“North America contributes the largest share in the global Color Cosmetics Market.”

North America dominates the color cosmetic market owing to increased awareness about the adoption of organic skincare and color makeup products. The increased prominence of social media, the use of smartphones, the presence of premium and Indie brands, and the advent of AI-powered applications will proliferate the growth of the color cosmetics industry in the region.

Some of the major players in the global Color Cosmetics industry include Unilever N.V., L'oréal Group, Avon Products, Inc., The Estée Lauder Companies Inc., Shiseido Co. Ltd., Coty Inc., Revlon Inc., Ciaté London, Chantecaille Beaute Inc., and Kryolan Professional Make-Up.

Global Color Cosmetics Market Coverage

Category Insight and Forecast 2025-2030

  • Prestige Products
  • Mass Products

Application Insight and Forecast 2025-2030

  • Nail Products
  • Lip Products
  • Eye Make-Up
  • Facial Make-Up
  • Hair Color Products
  • Special Effect Products

Geographical Segmentation

Color Cosmetics Market by Region

North America

  • By Category
  • By Application
  • By Country – U.S., Canada, and Mexico

Europe

  • By Category
  • By Application
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Category
  • By Application
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Category
  • By Application
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries