The global make-up sector was valued at US$51.1 billion in 2020 and is forecast to record a CAGR of 4.60% during 2020-2025 to reach US$64 billion by 2025. Asia-Pacific represented the largest region for the global make-up sector, with a value share of 34.7% in 2020, followed by the Americas with 34.5%. Among all the regions, Asia-Pacific is forecast to record the highest value CAGR during 2020-2025, at 6.53%. An improving economy and rising numbers of women in the workforce, thus increasing the purchasing power, will remain the major macroeconomic factors driving the sector globally. However, counterfeit make-up products remain a major challenge for manufacturers, as they impact the brand image and hinder sales for the original brands.
The overall share of private label products in the global make-up sector increased marginally from 2.3% in 2015 to 2.4% in 2020, to reach US$1.2 billion. Western Europe held the highest value share for private label make-up products, accounting for 5.6% of total sales in 2020, followed by the Americas with a value share of 2.1%. Growth in private label penetration in the global make-up sector is attributed to private label products improving their quality and redesigning their products in line with modern trends, which gives direct competition to regular and premium brands of make-up products.
This report brings together multiple data sources to provide a comprehensive overview of the global make-up sector. It includes analysis on the following -
- Sector Overview: Provides an overview of current sector scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging. The analysis also covers regional overview across five regions- Asia Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe- highlighting sector size, growth drivers, latest developments, and future inhibitors for the region
- High-Potential Countries: Provides risk-reward analysis of the top four high-potential countries in each region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure
- Country and Regional Analysis: Provides deep-dive analysis of 10 high-potential countries covering value growth over 2020-2025, key challenges, consumer demographics, and key trends. It also includes regional analysis covering the future outlook for the region
- Competitive Landscape: Provides an overview of leading brands at a global and regional level, besides analyzing the product profile, country level presence, market share, and growth of private labels in each region
- Key Distribution Channels: Provides analysis on the leading distribution channels in the global make-up sector in 2020. It covers: Hypermarkets & Supermarkets, Food & drinks specialists, Department Stores, Convenience Stores, “Dollar Stores”, Variety Stores & General Merchandise Retailers, Cash & Carries & Warehouse Clubs, Drug stores & Pharmacies, eRetailers, Vending machines, and Others
- Preferred Packaging Formats*: The report provides percentage share (in 2020) and growth analysis (during 2015-2025) for various packaging materials, containers, closures, and outer types based on the volume sales (by pack units) of make-up products
Scope
- Provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging.
- The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.
Reasons to Buy
- To have a thorough fact based analysis with information about the global make-up industry across the five regions in value terms and the underlying factors that are driving the sales.
- To gain confidence to make the correct business decisions based on a detailed analysis of the industry and to identify high-potential countries over the next 5 years.
- The analysts have placed a significant emphasis on the mega trends that drive consumer choice and will provide a clear picture about the future opportunities that can be explored across the regions, resulting in revenue expansion.
- To gain competitive intelligence about leading brands in the industry at global and regional level with information about their sector share, business descriptions and product profiles
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- L'Oréal S.A.
- The Estee Lauder Companies Inc.
- Shiseido Company, Limited
- Coty, Inc.
- Natura & Co.
Table Information
Report Attribute | Details |
---|---|
Published | June 2021 |
Forecast Period | 2020 - 2025 |
Estimated Market Value ( USD | $ 51.1 Billion |
Forecasted Market Value ( USD | $ 64 Billion |
Compound Annual Growth Rate | 4.6% |
Regions Covered | Global |