Asia-Pacific colour cosmetics market is expected to reach USD 28,010.32 million by 2031 from USD 15,063.55 million in 2023, growing at a CAGR of 8.1% during the forecast period of 2024 to 2031.
Market Segmentation:
- Asia-Pacific Colour Cosmetics Market, By Product (Facial Makeup, Eye Makeup, Lip Products, Nail Products, Hair Products, Others), Pigment Type (Inorganic Pigments, Organic Pigments), Target Market (Mass Products, Prestige Products), Packaging (Bottles & Jars, Tubes, Containers, Pouches, Dispenser, Sticks, Others), Form (Liquid, Powder, Spray), Distribution Channel (E-Commerce, Supermarket/Hypermarkets, Direct Sales/B2B, Specialty Stores), End-User (Parlour, Household, Modelling & Fashion Industries, Media Houses), Country (China, Japan, South Korea, India, Australia, Singapore, Malaysia, Thailand, Philippines, Indonesia, and Rest of Asia-Pacific) - Industry Trends and Forecast to 2031.
Overview of Asia-Pacific Colour Cosmetics Market Dynamics
- Driver
- Increasing popularity of online shopping and influencer marketing
- Restraint
- Increasing consciousness about environmental preservation and animal welfare
- Opportunity
- Rising awarness towards sustainable makeup brands
Market Players:
Some of the key market players operating in the Asia-Pacific colour cosmetics market are:
- L'Oreal GROUPE
- Unilever
- Henkel AG & Co. KGaA
- Shiseidio Company, Limited
- The Estee Lauder Companies Inc.
- Coty Inc.
- Mary Kay Inc.
- Revlon
- KOSE Corporation
- CHANEL
- Oriflame Cosmetics AG
- Natura & Co
- AMOREPACIFIC US, INC.
- Clarins
- LVMH
- Vestige Marketing Pvt. Ltd.
- CHANTECAILLE BEAUTE
- Kryolan
- Brand Agency London