Face make-up market to grow by USD 13.85 billion: Product innovations will drive growth – Technavio

Date:

NEW YORK, Feb. 15, 2023 /PRNewswire/ —

Face make-up Market Insights –

  • Vendors: 15+, Including Amway Corp. | CHANEL Ltd. | Coty Inc. | Dr. Babor GmbH and Co. KG | Faces Canada | Groupe Clarins | Grupo Boticario | Kao Corp. | LOreal SA | Lotus Herbals Pvt. Ltd. | Mary Kay Inc. | Natura and Co Holding SA | Nature Republic Co. Ltd. | Oriflame Holding AG | Revlon Consumer Product Corp. | Shiseido Co. Ltd. | The Estee Lauder Co. Inc. | The Procter and Gamble Co. | Unilever PLC | LVMH Moet Hennessy Louis Vuitton SE, among others
  • Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
  • Segments: Distribution Channel (Offline and Online), Product (Foundation, Face powder, Concealer, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

To understand more about the face make-up market, request a sample report

In 2017, the face make-up market was valued at USD 46.78 billion. From a regional perspective, North America held the largest market share, valued at USD 17.95 billion. The face make-up market size is estimated to grow by USD 13.85 billion from 2022 to 2027 at a CAGR of 4.84% according to Technavio.

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Face make-up market – Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –

  • Key purchase criteria
  • Adoption rates
  • Adoption lifecycle
  • Drivers of price sensitivity
  • For highlights on customer landscape analysis, download a sample!

Global face make-up market – Vendor Insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors including –

  • Amway Corp.: The company offers face make-up such as Artistry Exact Fit Powder Foundation, Artistry Exact Fit Longwearing Foundation, and Artistry Exact Fit Powder Foundation.
  • CHANEL Ltd.: The company offers face make-up such as Chanel Les Beiges Highlighting Fluid, and Chanel CC Cream.
  • Coty Inc.: The company offers face make-up under the brand, Bourjois.
  • Dr. Babor GmbH and Co. KG: The company offers face make-up such as Face Make-up Hydra Liquid Foundation, Face Make-up 3D Firming Serum Foundation, and Face Make-up Tinted Hydra Moisturizer.

Global face make-up market – Market Dynamics

Major Drivers – 

  • Demand for BB and CC creams
  • Product innovation
  • Social media and celebrity endorsement

Key Challenges – 

  • Risk of exposure to toxic chemicals
  • Threat from counterfeit products
  • Side effects of make-up adversely affect the adoption of face make-up products

Drivers and challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The face make-up market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

What are the key data covered in this face make-up market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the Face Make-up Market between 2023 and 2027
  • Precise estimation of the size of the Face Make-up Market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the Face Make-up Market industry across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of Face Make-up Market vendors

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Face Make-up Market Scope

Report Coverage

Details

Page number

166

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.84%

Market growth 2023-2027

USD 13.85 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.6

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 33%

Key countries

US, Japan, China, South Korea, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Amway Corp., CHANEL Ltd., Coty Inc., Dr. Babor GmbH and Co. KG, Faces Canada, Groupe Clarins, Grupo Boticario, Kao Corp., LOreal SA, Lotus Herbals Pvt. Ltd., Mary Kay Inc., Natura and Co Holding SA, Nature Republic Co. Ltd., Oriflame Holding AG, Revlon Consumer Product Corp., Shiseido Co. Ltd., The Estee Lauder Co. Inc., The Procter and Gamble Co., Unilever PLC, and LVMH Moet Hennessy Louis Vuitton SE

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global face make-up market 2017 – 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global face make-up market 2017 – 2021 ($ billion)
  • 4.2 Distribution Channel Segment Analysis 2017 – 2021 
    • Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 – 2021 ($ billion)
  • 4.3 Product Segment Analysis 2017 – 2021 
    • Exhibit 20: Historic Market Size – Product Segment 2017 – 2021 ($ billion)
  • 4.4 Geography Segment Analysis 2017 – 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ billion)
  • 4.5 Country Segment Analysis 2017 – 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ billion)

5 Five Forces Analysis

  • 5.1 Five forces summary
    • Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition
    • Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

  • 6.1 Market segments
    • Exhibit 30: Chart on Distribution Channel – Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Distribution Channel – Market share 2022-2027 (%)
  • 6.2 Comparison by Distribution Channel 
    • Exhibit 32: Chart on Comparison by Distribution Channel
    • Exhibit 33: Data Table on Comparison by Distribution Channel
  • 6.3 Offline – Market size and forecast 2022-2027 
    • Exhibit 34: Chart on Offline – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 35: Data Table on Offline – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 36: Chart on Offline – Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Offline – Year-over-year growth 2022-2027 (%)
  • 6.4 Online – Market size and forecast 2022-2027 
    • Exhibit 38: Chart on Online – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 39: Data Table on Online – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 40: Chart on Online – Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Online – Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by Distribution Channel 
    • Exhibit 42: Market opportunity by Distribution Channel ($ billion)

7 Market Segmentation by Product

  • 7.1 Market segments
    • Exhibit 43: Chart on Product – Market share 2022-2027 (%)
    • Exhibit 44: Data Table on Product – Market share 2022-2027 (%)
  • 7.2 Comparison by Product 
    • Exhibit 45: Chart on Comparison by Product
    • Exhibit 46: Data Table on Comparison by Product
  • 7.3 Foundation – Market size and forecast 2022-2027 
    • Exhibit 47: Chart on Foundation – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 48: Data Table on Foundation – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 49: Chart on Foundation – Year-over-year growth 2022-2027 (%)
    • Exhibit 50: Data Table on Foundation – Year-over-year growth 2022-2027 (%)
  • 7.4 Face powder – Market size and forecast 2022-2027 
    • Exhibit 51: Chart on Face powder – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 52: Data Table on Face powder – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 53: Chart on Face powder – Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Face powder – Year-over-year growth 2022-2027 (%)
  • 7.5 Concealer – Market size and forecast 2022-2027 
    • Exhibit 55: Chart on Concealer – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 56: Data Table on Concealer – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 57: Chart on Concealer – Year-over-year growth 2022-2027 (%)
    • Exhibit 58: Data Table on Concealer – Year-over-year growth 2022-2027 (%)
  • 7.6 Others – Market size and forecast 2022-2027 
    • Exhibit 59: Chart on Others – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 60: Data Table on Others – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 61: Chart on Others – Year-over-year growth 2022-2027 (%)
    • Exhibit 62: Data Table on Others – Year-over-year growth 2022-2027 (%)
  • 7.7 Market opportunity by Product 
    • Exhibit 63: Market opportunity by Product ($ billion)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 67: Chart on Geographic comparison
    • Exhibit 68: Data Table on Geographic comparison
  • 9.3 APAC – Market size and forecast 2022-2027 
    • Exhibit 69: Chart on APAC – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 70: Data Table on APAC – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 71: Chart on APAC – Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on APAC – Year-over-year growth 2022-2027 (%)
  • 9.4 North America – Market size and forecast 2022-2027 
    • Exhibit 73: Chart on North America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 74: Data Table on North America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 75: Chart on North America – Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on North America – Year-over-year growth 2022-2027 (%)
  • 9.5 Europe – Market size and forecast 2022-2027 
    • Exhibit 77: Chart on Europe – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 78: Data Table on Europe – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 79: Chart on Europe – Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Europe – Year-over-year growth 2022-2027 (%)
  • 9.6 South America – Market size and forecast 2022-2027 
    • Exhibit 81: Chart on South America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 82: Data Table on South America – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 83: Chart on South America – Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on South America – Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa – Market size and forecast 2022-2027 
    • Exhibit 85: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 86: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 87: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
  • 9.8 US – Market size and forecast 2022-2027 
    • Exhibit 89: Chart on US – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 90: Data Table on US – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 91: Chart on US – Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on US – Year-over-year growth 2022-2027 (%)
  • 9.9 Japan – Market size and forecast 2022-2027 
    • Exhibit 93: Chart on Japan – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 94: Data Table on Japan – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 95: Chart on Japan – Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on Japan – Year-over-year growth 2022-2027 (%)
  • 9.10 China – Market size and forecast 2022-2027 
    • Exhibit 97: Chart on China – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 98: Data Table on China – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 99: Chart on China – Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on China – Year-over-year growth 2022-2027 (%)
  • 9.11 UK – Market size and forecast 2022-2027 
    • Exhibit 101: Chart on UK – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 102: Data Table on UK – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 103: Chart on UK – Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on UK – Year-over-year growth 2022-2027 (%)
  • 9.12 South Korea – Market size and forecast 2022-2027 
    • Exhibit 105: Chart on South Korea – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 106: Data Table on South Korea – Market size and forecast 2022-2027 ($ billion)
    • Exhibit 107: Chart on South Korea – Year-over-year growth 2022-2027 (%)
    • Exhibit 108: Data Table on South Korea – Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 109: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 110: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
    • Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption
    • Exhibit 112: Overview on factors of disruption
  • 11.4 Industry risks
    • Exhibit 113: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered
    • Exhibit 114: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 115: Matrix on vendor position and classification
  • 12.3 Amway Corp.
    • Exhibit 116: Amway Corp. – Overview
    • Exhibit 117: Amway Corp. – Product / Service
    • Exhibit 118: Amway Corp. – Key news
    • Exhibit 119: Amway Corp. – Key offerings
  • 12.4 CHANEL Ltd.
    • Exhibit 120: CHANEL Ltd. – Overview
    • Exhibit 121: CHANEL Ltd. – Business segments
    • Exhibit 122: CHANEL Ltd. – Key offerings
    • Exhibit 123: CHANEL Ltd. – Segment focus
  • 12.5 Coty Inc.
    • Exhibit 124: Coty Inc. – Overview
    • Exhibit 125: Coty Inc. – Business segments
    • Exhibit 126: Coty Inc. – Key offerings
    • Exhibit 127: Coty Inc. – Segment focus
  • 12.6 Dr. Babor GmbH and Co. KG 
    • Exhibit 128: Dr. Babor GmbH and Co. KG – Overview
    • Exhibit 129: Dr. Babor GmbH and Co. KG – Product / Service
    • Exhibit 130: Dr. Babor GmbH and Co. KG – Key offerings
  • 12.7 Groupe Clarins
    • Exhibit 131: Groupe Clarins – Overview
    • Exhibit 132: Groupe Clarins – Product / Service
    • Exhibit 133: Groupe Clarins – Key offerings
  • 12.8 Grupo Boticario
    • Exhibit 134: Grupo Boticario – Overview
    • Exhibit 135: Grupo Boticario – Product / Service
    • Exhibit 136: Grupo Boticario – Key offerings
  • 12.9 Kao Corp.
    • Exhibit 137: Kao Corp. – Overview
    • Exhibit 138: Kao Corp. – Business segments
    • Exhibit 139: Kao Corp. – Key offerings
    • Exhibit 140: Kao Corp. – Segment focus
  • 12.10 LOreal SA
    • Exhibit 141: LOreal SA – Overview
    • Exhibit 142: LOreal SA – Business segments
    • Exhibit 143: LOreal SA – Key news
    • Exhibit 144: LOreal SA – Key offerings
    • Exhibit 145: LOreal SA – Segment focus
  • 12.11 Lotus Herbals Pvt. Ltd. 
    • Exhibit 146: Lotus Herbals Pvt. Ltd. – Overview
    • Exhibit 147: Lotus Herbals Pvt. Ltd. – Product / Service
    • Exhibit 148: Lotus Herbals Pvt. Ltd. – Key offerings
  • 12.12 LVMH Moet Hennessy Louis Vuitton SE 
    • Exhibit 149: LVMH Moet Hennessy Louis Vuitton SE – Overview
    • Exhibit 150: LVMH Moet Hennessy Louis Vuitton SE – Business segments
    • Exhibit 151: LVMH Moet Hennessy Louis Vuitton SE – Key news
    • Exhibit 152: LVMH Moet Hennessy Louis Vuitton SE – Key offerings
    • Exhibit 153: LVMH Moet Hennessy Louis Vuitton SE – Segment focus
  • 12.13 Mary Kay Inc.
    • Exhibit 154: Mary Kay Inc. – Overview
    • Exhibit 155: Mary Kay Inc. – Product / Service
    • Exhibit 156: Mary Kay Inc. – Key offerings
  • 12.14 Natura and Co Holding SA 
    • Exhibit 157: Natura and Co Holding SA – Overview
    • Exhibit 158: Natura and Co Holding SA – Business segments
    • Exhibit 159: Natura and Co Holding SA – Key offerings
    • Exhibit 160: Natura and Co Holding SA – Segment focus
  • 12.15 Nature Republic Co. Ltd. 
    • Exhibit 161: Nature Republic Co. Ltd. – Overview
    • Exhibit 162: Nature Republic Co. Ltd. – Product / Service
    • Exhibit 163: Nature Republic Co. Ltd. – Key offerings
  • 12.16 Shiseido Co. Ltd.
    • Exhibit 164: Shiseido Co. Ltd. – Overview
    • Exhibit 165: Shiseido Co. Ltd. – Product / Service
    • Exhibit 166: Shiseido Co. Ltd. – Key offerings
  • 12.17 The Estee Lauder Co. Inc. 
    • Exhibit 167: The Estee Lauder Co. Inc. – Overview
    • Exhibit 168: The Estee Lauder Co. Inc. – Product / Service
    • Exhibit 169: The Estee Lauder Co. Inc. – Key offerings

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 170: Inclusions checklist
    • Exhibit 171: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 172: Currency conversion rates for US$
  • 13.4 Research methodology
    • Exhibit 173: Research methodology
    • Exhibit 174: Validation techniques employed for market sizing
    • Exhibit 175: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 176: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio

Face make-up market to grow by USD 13.85 billion: Product innovations will drive growth – Technavio

Originally published at https://www.prnewswire.com/news-releases/face-make-up-market-to-grow-by-usd-13-85-billion-product-innovations-will-drive-growth—technavio-301746121.html
Images courtesy of https://pixabay.com

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