Global Cosmetics Foundation Market Size By Type (Liquid Foundation, Powder Foundation), By Application (Women, Men), By Geographic Scope And Forecast

Cosmetics Foundation Market Size And Forecast

Cosmetics Foundation Market size was valued at USD 4.30 Billion in 2024 and is projected to reach USD 7.2 Billion by 2031, growing at a CAGR of 6.35% during the forecast period 2024-2031.

The growth in global economies, changing lifestyles, and rising demands for skin and sun care products due to varying climatic conditions encourages the growth of the market for cosmetics. Furthermore, increasing the GDPs of various countries is positively affecting the global Cosmetics Foundation Market. Continuous rise in GDP has improved the economies of various countries and has raised the spending capabilities of individuals. Rising disposable income levels of individuals across various regions are driving them to buy personal luxury goods, which, in turn, is positively influencing the global market growth. The Global Cosmetics Foundation Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Cosmetics Foundation Market Definition

Cosmetics are substances applied on the face or body meant to alter or enhance the look, appearance, and texture of the face and body. The composition varies with the sourcenatural and synthetic. The products range between eye shadow, foundation, blush, lipstick, mascara, bronzer, and many others. The scope of the market is quite vast. The scope of the report includes skincare products, hair care products, color cosmetics, fragrances, personal care products, and oral care products, the report excludes pure soap from the scope.

These products are approved by the FDA. Cosmetics are used by women of all group ages and have become a multibillion-dollar enterprise by the augmentation of the 21st century. Most products available are either made chemically dubious or found in a natural source such as berries, or beet wood. Consumers have now become more conscious regarding the usage of cosmetics in their daily life in an effort to step up their style quotient and overall personality. Cosmetics play an important role in enhancing one’s inherent beauty and physical features. Men are also increasingly using cosmetics in their daily routine including various types of fragrances and deodorants.

Global Cosmetics Foundation Market Overview

The growth in global economies, changing lifestyles, and rising demands for skin and sun care products due to varying climatic conditions encourages the growth of the market for cosmetics. The rising trend of the use of natural ingredients in cosmetic products is observed among various manufacturers. This trend caters to the ever-increasing demand for natural or organic cosmetic products among customers. The use of herbal cosmetic products minimizes the chances of any possible side effects of the product. This ultimately increases the usage of cosmetics among individuals.

In addition, improvement in the current lifestyles of individuals is majorly affecting the Cosmetics Foundation Market. Consumers have now become more conscious regarding the usage of cosmetics in their daily life in an effort to step up their style quotient and overall personality. Cosmetics play an important role in enhancing one’s inherent beauty and physical features. Men are also increasingly using cosmetics in their daily routine including various types of fragrances and deodorants. This growing demand for cosmetic products has in turn led to the growth of the Cosmetics Foundation Market across the world.

Furthermore, the increasing GDPs of various countries are positively affecting the global Cosmetics Foundation Market. Continuous rise in GDP has improved the economies of various countries and has raised the spending capabilities of individuals. Rising disposable income levels of individuals across various regions are driving them to buy personal luxury goods, which, in turn, is positively influencing the global market growth. However, factor such as side effects of chemically derived products is hindering the market growth and shifting the preference to naturally derived products.

Global Cosmetics Foundation MarketSegmentation Analysis

The Global Cosmetics Foundation Market is Segmented on the basis of Type, Application, And Geography.

Cosmetics Foundation Market, By Type

• Liquid Foundation
• Powder Foundation

Based on Type, the market is bifurcated into Liquid Foundation and Powder Foundation. The Powder Foundation segment is expected to inflate the market growth. Powder foundation is a dry formula that’s made up of pigments and minerals. This foundation comes as either a pressed or loose powder. Powder foundation is also an ideal choice for anyone with oily skin, as powder formulas are great at absorbing excess oil.

Cosmetics Foundation Market, By Application

• Women
• Men

Based on the Application, the market is bifurcated into Women and Men. Women are anticipated to become the fastest-growing market in the forecast duration. The wide use of such cosmetic foundations by women helps in propelling market growth. Also, women who have oily skin and need less coverage can use powder foundation all by itself on their skin. Additionally, people who have sensitive skin can also use powder foundation alone on their skin. Cosmetics Foundation Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific dominated the market for makeup base in 2018, accounting for a 30.5 % share of the total revenue. An increasing number of female working professionals, along with the rising purchasing power of consumers, have been driving the demand for the makeup base in this region.

Cosmetics Foundation Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

On the basis of Regional Analysis, the Global Cosmetics Foundation Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.

Key Players

The “Global Cosmetics Foundation Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Bobbi Brown, Fleash, FENTY BEAUTY, Becca, NARS, Bare Minerals, HUDA Beauty, Lancome, Estee Lauder, and Hourglass. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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