The global color cosmetics market was valued at US$ 62.36 billion in 2016 and is expected to reach US$ 90.16 billion by 2025, witnessing a CAGR of 4.22% over the forecast period (2017 - 2025), according to Color Cosmetics Market Report, by Product Type (Nail care, Lip Care, Eye Make-up, and Face Make-up) by Distribution Channel (Hypermarkets, Supermarkets, Specialty stores, and Online Stores).
Color cosmetics are used to enhance the appearance and the aroma of the beauty products such as eye shadows, powders, foundations, lipsticks, and oral care along with others. Increase in working class personals across the globe, availability of different brands in retail stores at different prices are key factors to market growth. Furthermore, growing awareness of using natural products is also driving the demand for organic color cosmetics market. As a result, several players such as Gemdo Cosmetics, OSTIUM Cosmétiques are gaining traction, owing to shifting preference for among consumers for using natural ingredients.
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