Market Research Report
Opportunities in the Asia-Pacific Make-Up Sector: Analysis of Opportunities Offered by High growth Economies
|Published by||GlobalData||Product code||753216|
|Published||Content info||97 Pages
Delivery time: 1-2 business days
|Opportunities in the Asia-Pacific Make-Up Sector: Analysis of Opportunities Offered by High growth Economies|
|Published: November 23, 2018||Content info: 97 Pages||
The Asia-Pacific make-up sector, valued at US$14,093.4 million in 2017, is forecast to reach US$20,134.5 million by 2022, growing at a CAGR of 7.4%. The region's growing young population of 'fashion forward individuals' believe in maintaining their appearance in society, thus are more likely to experiment with make-up products. Moreover, consumers in developed nations such as Australia and Japan are using novel beauty and grooming products to enhance their looks. The per capita consumption of make-up products in the region stood at 0.3 units in 2017, while per capita expenditure stood at US$4.2 in the same year.
Face make-up held the largest value share of 50.2% in 2017, and is forecast to record a CAGR of 7.2% during 2017-2022.The lip make-up category was the second-largest in the region, with a value share of 27.9%.
In Asia-Pacific, among the high potential countries (Hong Kong, China, Indonesia, and India), China was the largest market for make-up products in 2017. Department stores was the leading distribution channel in the Asia-Pacific make-up sector, with a value share of 22%, while rigid plastics accounted for the largest share of pack material in the Asia-Pacific make-up sector, with a volume share of 75.4%.
"Opportunities in the Asia-Pacific Make-Up Sector", report brings together multiple data sources to provide a comprehensive overview of the region's make-up sector. It includes market overview, high growth country analysis, top brands, key distribution channels, packaging formats and case studies.
This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific make-up sector. It includes analysis on the following -