Size of the Global Colour Cosmetics Market
1 min read
1 min read
Looking good is good business. This assertion is also confirmed by the statistics.
More and more people all over the world want to look good and choose different cosmetic products. As a result, the cosmetics market is booming and sales are rising rapidly.
The global colour cosmetics market is segmented based on the target market (prestige product, mass product), application (facial makeup, lip product, eye makeup, nail product), and geography (North America, Europe, Asia-Pacific and LAMEA region)
The global colour cosmetics market is driven by different factors such as a rise in the disposable income in emerging economies such as India, Brazil, UAE, Saudi Arabia, Africa, and Egypt, financial independence of working women influences the market to a large extent and increases awareness about external appearance.
The statistic by Statista 2019 depicts the estimated size of the global makeup market from 2012 to 2024. In 2024, the global makeup market is estimated to be worth about 85 billion U.S. dollars.