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Opportunities in the Global Make-Up Sector 2024

Publisher GlobalData
Published Nov 01, 2024
Length 162 Pages
SKU # GBDT19390304

Description

Opportunities in the Global Make-Up Sector 2024


Summary

Provides an overview of current make-up scenario regarding the future outlook in terms of ingredients, product claims, labeling, distribution, and packaging. The analysis also covers regional overview across five regions - Asia-Pacific, Middle East and Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.The global make-up sector was valued at $66.5 billion in 2023 and is forecast to record a compound annual growth rate (CAGR) of 4.9% during 2023-28, to reach $84.6 billion in 2028. The Americas represented the largest region in the sector in 2023, with a value share of 40.2%, followed by Asia-Pacific with 32.9%. In 2023, face make-up was the largest category, accounting for 36.6% of overall global value sales, followed by eye make-up at 25.4%. Among all the categories, make-up sets and lip make-up set to record the fastest value CAGRs during 2023-28, at 5.5% and 5.1%, respectively.

Key Highlights
  • With growing concerns around synthetic ingredients in make-up products among consumers, there has been an increase in demand for natural and organic ingredients that are additive-free and scientifically supported ingredients.
  • Consumers are looking for toxin-free ingredients such as aloe vera, quinoa, and coconut oil. As a result, manufacturers are formulating make-up products using naturally sourced and safe ingredients. The make-up industry is highly regulated in terms of labeling, while manufacturers are expected to produce clean-label items with good-quality ingredient formulations.
  • Consumers are increasingly opting for products that provide clear information. Therefore, brands are focusing on strengthening their communication on pack labels, to increase safety in product usage.
Scope

This report brings together multiple data sources to provide a comprehensive overview of the global make-up sector, analyzing data from 108 countries. It includes analysis on the following -
  • Sector overview: Provides an overview of the current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The analysis also provides a regional overview across five regions-Asia-Pacific, Middle East and Africa (MEA), the Americas, Western Europe, and Eastern Europe-highlighting sector size, growth drivers, the latest developments, and future challenges for each region. This data includes both on-trade and off-trade data.
  • Change in consumption: Provides an overview of consumption changes in the overall cosmetics and toiletries (C&T) industry, including make-up, over 2018-28 at global and regional levels.
  • High-potential countries: Provides risk-reward analysis of the top high-potential countries in each region based on market assessment, economic development, governance indicators, sociodemographic factors, and technological infrastructure.
  • Country and regional analysis: Provides a deep-dive analysis of 10 high-potential countries covering value growth during 2023-28, key challenges, consumer demographics, and key trends. It also includes regional analysis covering the future outlook for each region.
  • Competitive environment and brand shares: Provides an overview of the leading companies and brands at global and regional levels. Market shares of brands and private labels in each region are also detailed.
  • Key distribution channels: Provides an analysis of the leading distribution channels in the global make-up sector in 2023. It covers hypermarkets & supermarkets, health & beauty stores, e-retailers, direct sellers, department stores, parapharmacies/drugstores, convenience stores, cash & carries and warehouse clubs, “dollar stores”, variety stores & general merchandise retailers, chemists/pharmacies, and others.
  • Packaging analysis*: The report provides percentage share (in 2023) and growth analysis (during 2023-28) for various pack materials, pack types, closures, and primary outer types based on volume sales of make-up.
Reasons to Buy
  • Manufacturers and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region
  • The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
  • The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
  • To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates

Table of Contents

162 Pages
  • Executive Summary
    • Global Overview
    • Americas Overview
    • Asia-Pacific Overview
    • Eastern Europe Overview
    • Middle East and Africa Overview
    • Western Europe Overview
    • Make-Up: Global Challenges
    • Change in Value Share in the Overall C&T Industry, 2023-28
    • Reasons for Shift in Consumption Patterns
    • Change in Consumption Levels: Americas, 2018-28
    • Change in Consumption Levels: Asia-Pacific, 2018-28
    • Change in Consumption Levels: Eastern Europe, 2018-28
    • Change in Consumption Levels: MEA, 2018-28
    • Change in Consumption Levels: Western Europe, 2018-28
    • Methodology - Identifying High-Potential Countries
    • Identifying High-Potential Countries by Region
    • Canada
    • United States of America
    • Hong Kong (China SAR)
    • Japan
    • Poland
    • Czech Republic
    • Israel
    • Saudi Arabia
    • Germany
    • Spain
    • Leading Make-Up Companies by Value - Global
    • Company and Brand Share Analysis - Global
    • Company and Brand Share Analysis - Americas
    • Company and Brand Share Analysis - Asia-Pacific
    • Company and Brand Share Analysis - Eastern Europe
    • Company and Brand Share Analysis - MEA
    • Company and Brand Share Analysis - Western Europe
    • Key Brands - Eye Make-Up
    • Key Brands - Face Make-Up
    • Key Brands - Lip Make-Up
    • Key Brands - Nail Make-Up
    • Key Brands - Make-Up Sets
    • Private Label's Share in Make-Up Sector - by Region
    • Private Label's Share in Make-Up Sector - by Category
    • Leading Distribution Channels by Sector
    • Growth Analysis - by Pack Material and Pack Type
    • Growth Analysis - by Closure Type and Primary Outer Type
    • Global Patent Filings
    • Global Job Analytics by Company
    • Global Job Analytics by Theme
    • Global Deals
    • Global market sales - value ($ million)
    • Global market sales - volume (million units)
    • Global make-up - sales, by region - value ($ million)
    • Global make-up - sales, by region - volume (million units)
    • Global - make-up distribution ($ million) in 2018 vs. 2023
    • Americas - make-up distribution ($ million) in 2018 vs. 2023
    • Asia-Pacific - make-up distribution ($ million) in 2018 vs. 2023
    • Eastern Europe - make-up distribution ($ million) in 2018 vs. 2023
    • MEA - make-up distribution ($ million) in 2018 vs. 2023
    • Western Europe - make-up distribution ($ million) in 2018 vs. 2023
    • Global value share, eye make-up (2023, $ million)
    • Global value share, face make-up (2023, $ million)
    • Global value share, lip make-up (2023, $ million)
    • Global value share, nail make-up (2023, $ million)
    • Global value share, make-up sets (2023, $ million)
    • Global - brands vs. private labels, value (2023, $ million)
    • Americas - brands vs. private labels, value (2023, $ million)
    • Asia-Pacific - brands vs. private labels, value (2023, $ million)
    • Eastern Europe - brands vs. private labels, value (2023, $ million)
    • MEA - brands vs. private labels, value (2023, $ million)
    • Western Europe - brands vs. private labels, value (2023, $ million)
    • Pack materials in 2023 vs. 2028 (million units)
    • Pack types in 2023 vs. 2028 (million units)
    • Closure types in 2023 vs. 2028 (million units)
    • Primary outer types in 2023 vs. 2028 (million units)
    • Definitions - Category
    • Definitions - Channel
    • GlobalData's Eight Mega-Trends
    • The Eight Mega-Trends can be Broken Down into 43 Trends
    • Definitions - Trends: Health & Wellness
    • Definitions - Trends: Sensory & Indulgence
    • Definitions - Trends: Comfort & Uncertainty
    • Definitions - Trends: Sustainability & Ethics
    • Definitions - Trends: Individualism & Expression
    • Definitions - Trends: Digitalization
    • Definitions - Trends: Easy & Affordable
    • Definitions - Trends: Demographics
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