Research Offers 10-Year Forecast on Colour Cosmetics Market

Colour cosmetics are the personal care products used for enhancing the appearance of the human body. Colour cosmetics refer to the Colorants and cosmetic ingredients used for make-up, skin care, fragrance, oral care, hair care and personal hygiene. The Colour cosmetics market is anticipated to show gradual upsurge in the near future mainly due to the factors such as growing customer loyalty, innovations in colour cosmetic products, and rising demand for organic cosmetic products. The colour cosmetics market is booming across the developed and developing regions owing mainly to the increasing interest of consumers in exploring new advanced products and the introduction of more pleasing formulas and beauty products by manufacturers.

Global Colour Cosmetics Market Segmentation:

On the basis of application, colour cosmetics market can be segmented into:

• Eye Make-Up - Eye Liner/Pencil, Eye Shadow, Mascara and Other Eye Make-Up

• Facial Make-Up - Blusher/Bronzer/Highlighter, Foundation/Concealer, Powder

• Lip Products - Lip Gloss, Lip Liner/Pencil, Lipstick and Other Lip Products

• Nail Products - Nail Polish, Nail Treatments/Strengthener, Polish Remover and Other Nail Products

Special effects and special purpose products like advanced nail varnishes and blemish balm (BB) creams, are also expected to witness a healthy growth during the forecast period.

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Global market of colour cosmetics is sub-segmented into seven key regions- North America, Latin America, East Europe, West Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa. Presently, the colour cosmetics market is mainly concentrated in the North American and European region mainly due to innovations in colour cosmetics, high consumer disposable income and new product launches (e.g. advanced nail varnishes and BB creams) in colour cosmetic market in these regions. In terms of revenue share...