PUBLISHER: MarketLine | PRODUCT CODE: 1554043
PUBLISHER: MarketLine | PRODUCT CODE: 1554043
Global Make-up industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
The make-up market consists of eye make-up, face make-up, lip make-up and nail make-up. The eye make-up segment consists of eyeliner, eye shadow, mascara and other eye make-up products. The face make-up segment consists of blusher, foundation, face powder and other face make-up products. The lip make-up segment consists of lip liner, lipstick, lip gloss and other lip make-up products. The nail make-up consists of nail polish. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2023 exchange rates.
The global Make-Up market had total revenues of $66,383.2 million in 2023, representing a compound annual growth rate (CAGR) of 2.4% between 2018 and 2023.
Market consumption volumes declined with a negative CAGR of 1.5% between 2018 and 2023, to reach a total of 6,355 million units in 2023.
The performance of the market is forecast to accelerate, with an anticipated CAGR of 17.5% for the five-year period 2023-28, which is expected to drive the market to a value of $148,828.7 million by the end of 2028.