Color Cosmetic Market size is expected to grow USD 120.0 billion by 2027

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By Eric Martin Posted on Sep 8, 2023
In Category - Business
Market Statsville Group Market Statsville Group
Abstract
The global color cosmetic market size is expected to grow from USD 78.0 billion in 2020 to USD 120.0 billion by 2027, at a CAGR of 6.35% from 2021 to 2027. The global color cosmetic market continues to thrive, Diverse consumer demands for innovative products drive this growth. Natural and organic formulations gain traction, reflecting a shift towards clean beauty. Eye makeup, particularly eyeshadows and eyeliners, remains a dominant category, offering an array of vibrant, long-lasting options. Lip products also witness steady demand, with matte and liquid lipsticks leading the trend. Asia-Pacific leads the market, attributed to a burgeoning middle class and heightened brand awareness. E-commerce channels surge, revolutionizing distribution. With sustainability becoming a priority, eco-friendly packaging and cruelty-free formulations are gaining prominence, shaping the industry's future.
color cosmetic market

The global color cosmetic market size is expected to grow from USD 78.0 billion in 2020 to USD 120.0 billion by 2027, at a CAGR of 6.35% from 2021 to 2027. The global color cosmetic market continues to thrive, Diverse consumer demands for innovative products drive this growth. Natural and organic formulations gain traction, reflecting a shift towards clean beauty. Eye makeup, particularly eyeshadows and eyeliners, remains a dominant category, offering an array of vibrant, long-lasting options. Lip products also witness steady demand, with matte and liquid lipsticks leading the trend. Asia-Pacific leads the market, attributed to a burgeoning middle class and heightened brand awareness. E-commerce channels surge, revolutionizing distribution. With sustainability becoming a priority, eco-friendly packaging and cruelty-free formulations are gaining prominence, shaping the industry's future.

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