Asia Pacific Makeup Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 – 2019

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Transparency Market Research

Asia Pacific Makeup Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 - 2019

Published Date 2014-08-11

105 Page Report

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Asia Pacific Makeup Market is expected to reach USD 22.31 billion by 2019

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Asia Pacific Makeup Market

REPORT DESCRIPTION

Asia Pacific Makeup Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 – 2019

Demand for makeup products in Asia Pacific is expected to increase due to rise in the number of working women and changing patterns in mens grooming. Makeup has now become an integral part of personal care. Higher number of people in Asia Pacific can afford makeup products due to improvement in standard of living and growth in disposable income. Furthermore, this growth has been supported by rapid expansion in fashion and film industries across Asia Pacific. Demand for organic or herbal makeup products is expected to bring about strategic changes in the offerings of large players in this market during the forecast period due to changing trends and preferences for organic products over synthetic products.

The makeup market in Asia Pacific is likely to expand at a healthy CAGR over the next six years due to increased usage of makeup products in major markets such as India, China, Japan, Malaysia and Indonesia. China is anticipated to be the largest consumer of makeup products, followed by Japan, by 2019. Rapid growth in middle class population and changing lifestyles of consumers in China would are estimated to boost the consumption of makeup products in the country during the forecast period. India is the fastest growing market in Asia Pacific. It has become an important market for international brands due to its vast potential for...