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  4. > Color Cosmetics Market by Target Market, by Application and Geography - Regional Trends & Forecasts to 2020

The color cosmetics market is projected to register approximately USD 77.7 billion by 2020, with the high market share held by North America and Europe together due to high consumer disposable income, innovations in color cosmetics, and new product launches in the color cosmetics market. The global color cosmetics market by value is projected to grow at a CAGR of around 5.70% from 2015 to 2020. The high growth is forecasted to be in the Asia-Pacific countries due rising inclination of people to spend, rising preference for prestige products, and higher disposable incomes.

The color cosmetics market is flourishing across the developed as well as developing regions as the consumers are willing to explore new advanced products and the manufacturers are producing more pleasing formulas and beauty products. The continuous rise in loyalty to color cosmetics, continuous innovations, rise in demand for organic color cosmetics, and rise in demand for color cosmetics to reduce age related skin imperfections are driving the demand for color cosmetics market across the world. Nail products, lip products, facial make-up, and hair color products are the other significant applications. Special effects and special purpose products are also projected to witness significant growth by 2020.

Prestige products and mass products are the major target market for color cosmetics market. The mass products are projected to register a higher CAGR in RoW by 2015 than prestige products. However, the demand for prestige products is also expected to witness growth due to rising customer loyalty.

The color cosmetics market is anticipated to show a high growth rate in the coming years. The market is driven by rising customer loyalty, innovations in color cosmetic products, and rising demand for organic cosmetic products which is expected to provide new opportunities for color cosmetics market. There are large numbers of various sized players in the market but it is dominated by few big companies.

Currently, the color cosmetics market is mainly concentrated in the North American and European region while Asia-Pacific and RoW region, especially China and India are expected to show high growth rate in future years. The increasing number of brands and products and rise in online retailing is projected to grow the color cosmetics market in next five years.

L'Oréal Group (France), Estée Lauder Companies Inc. (U.S.), and Avon Products Inc. (U.S.) are the important active players in the color cosmetics market. These companies showed the highest strategy adoptions amongst other players in the color cosmetics market from 2011 to 2015.

From 2011 to 2015, new product launches was observed as the most important growth strategy adopted by the major color cosmetics manufacturers, accounting for a majority of market share of the total strategies adopted by the players. The other companies Coty Inc. (France), Revlon (U.S.), and Kroylan (Berlin) also contributed to the market activities in the global color cosmetics market during the above mentioned period.

Available customizations:
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Table Of Contents

Color Cosmetics Market by Target Market, by Application and Geography - Regional Trends and Forecasts to 2020
TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 STUDY SCOPE 15
1.4 YEARS CONSIDERED FOR THIS REPORT 15
1.5 CURRENCY 15
1.6 LIMITATIONS 16
1.7 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 RESEARCH DATA 17
2.1.1 SECONDARY DATA 18
2.1.1.1 Key data from secondary sources 18
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 19
2.1.2.2 Breakdown of primary interviews 20
2.2 MARKET SIZE ESTIMATION 20
2.2.1 BOTTOM-UP APPROACH 21
2.2.2 TOP-DOWN APPROACH 21
2.3 MARKET BREAKDOWN and DATA TRIANGULATION 23
2.4 RESEARCH ASSUMPTIONS 24
2.4.1 ASSUMPTIONS 24
3 EXECUTIVE SUMMARY 25
4 PREMIUM INSIGHTS 27
4.1 COLOR COSMETICS MARKET TO REGISTER HIGH DEMAND BY 2020 27
4.2 FACIAL MAKE-UP TO REGISTER THE FASTEST-GROWTH RATE (2015-2020) 28
4.3 COLOR COSMETICS MARKET TO REGISTER HIGH GROWTH IN CHINA FOLLOWED BY THE U.S. (2015) 29
4.4 ASIA-PACIFIC COUNTRIES EXPECTED TO DRIVE THE MARKET OF COLOR COSMETICS (2015-2020) 30
4.5 LIFECYCLE ANALYSIS: BY REGION (2015-2020) 31

5 MARKET OVERVIEW 32
5.1 INTRODUCTION 33
5.2 MARKET SEGMENTATION 33
5.2.1 BY TARGET MARKET 33
5.2.2 BY APPLICATION 34
5.2.3 BY REGION 34
5.3 MARKET DYNAMICS 35
5.3.1 DRIVERS 36
5.3.1.1 Increasing preferences for color cosmetics in the cosmetics and personal care industry 36
5.3.1.2 Technological advancement and innovation in color cosmetics products 36
5.3.1.3 Increasing financial independence of women and disposable income 36
5.3.2 RESTRAINTS 36
5.3.2.1 Stringent government regulations 36
5.3.3 OPPORTUNITIES 37
5.3.3.1 Increasing demand for organic color cosmetics 37
5.3.3.2 Urbanization — key driving force in emerging markets 37
5.3.4 CHALLENGES 37
5.3.4.1 Maintaining the quality of mass market products 37
6 INDUSTRY TRENDS 38
6.1 INTRODUCTION 38
6.2 VALUE-CHAIN ANALYSIS 38
6.3 PORTER'S FIVE FORCES ANALYSIS 39
6.3.1 BARGAINING POWER OF SUPPLIERS 40
6.3.2 BARGAINING POWER OF BUYERS 40
6.3.3 THREAT OF SUBSTITUTES 40
6.3.4 THREAT OF NEW ENTRANTS 41
6.3.5 INTENSITY OF RIVALRY 41
7 COLOR COSMETICS MARKET, BY TARGET MARKET 42
7.1 INTRODUCTION 43
7.2 PRESTIGE PRODUCTS MARKET 44
7.3 MASS PRODUCTS MARKET 45
8 COLOR COSMETICS MARKET, BY APPLICATION 47
8.1 INTRODUCTION 48
8.2 NAIL PRODUCTS 49
8.3 LIP PRODUCTS 50
8.4 EYE MAKE-UP 52
8.5 FACIAL MAKE-UP 53
8.6 HAIR COLOR PRODUCTS 55
8.7 SPECIAL EFFECT and SPECIAL PURPOSE PRODUCTS 56
8.8 OTHERS 58
9 REGIONAL ANALYSIS 59
9.1 INTRODUCTION 60
9.2 NORTH AMERICA 61
9.2.1 U.S. 64
9.2.2 CANADA 65
9.2.3 MEXICO 67
9.3 EUROPE 68
9.3.1 GERMANY 72
9.3.2 FRANCE 73
9.3.3 U.K. 75
9.3.4 ITALY 76
9.3.5 SPAIN 77
9.3.6 OTHERS 78
9.4 ASIA-PACIFIC 79
9.4.1 CHINA 82
9.4.2 JAPAN 84
9.4.3 INDIA 85
9.4.4 INDONESIA 86
9.4.5 AUSTRALIA 87
9.4.6 OTHERS 88
9.5 ROW 90
9.5.1 BRAZIL 91
9.5.2 CHILE 92
9.5.3 ARGENTINA 93
9.5.4 SOUTH AFRICA 94
9.5.5 OTHERS 95
10 COMPETITIVE LANDSCAPE 97
10.1 OVERVIEW 97
10.2 MARKET DEVELOPMENT ANALYSIS 98
10.3 COMPETITIVE SITUATION AND TRENDS 99
10.3.1 NEW PRODUCT LAUNCHES 100
10.3.2 AGREEMENTS and COLLABORATIONS 101
10.3.3 EXPANSIONS 101
10.3.4 MERGERS and ACQUISITIONS 101

11 COMPANY PROFILES 102
(Overview, Financial*, Products and Services, Strategy, and Developments)
11.1 INTRODUCTION 102
11.2 UNILEVER N.V. 103
11.3 L'ORÉAL GROUP 110
11.4 AVON PRODUCTS, INC. 114
11.5 THE ESTÉE LAUDER COMPANIES INC. 119
11.6 SHISEIDO CO. LTD. 123
11.7 COTY INC. 125
11.8 REVLON INC. 134
11.9 CIATÉ LONDON 138
11.10 CHANTECAILLE BEAUTE INC. 141
11.11 KRYOLAN PROFESSIONAL MAKE-UP 144
*Details might not be captured in case of unlisted companies
12 APPENDIX 147
12.1 INDUSTRY EXPERTS 147
12.2 RECENT DEVELOPMENTS 148
12.3 DISCUSSION GUIDE 150
12.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 154
12.5 AVAILABLE CUSTOMIZATIONS 155
12.6 RELATED REPORTS 156


LIST OF TABLES

TABLE 1 COLOR COSMETICS MARKET SIZE , BY TARGET MARKET,
2013-2020 (USD BILLION) 43
TABLE 2 PRESTIGE PRODUCTS MARKET SIZE , BY REGION, 2013-2020 (USD BILLION) 44
TABLE 3 MASS PRODUCTS MARKET SIZE, BY REGION, 2013-2020 (USD BILLION) 46
TABLE 4 COLOR COSMETICS MARKET SIZE, BY APPLICATION, 2013-2020 (USD BILLION) 48
TABLE 5 COLOR COSMETICS MARKET SIZE IN NAIL PRODUCTS , BY REGION,
2013-2020 (USD BILLION) 49
TABLE 6 COLOR COSMETICS MARKET SIZE IN LIP PRODUCTS, BY REGION,
2013-2020 (USD BILLION) 51
TABLE 7 COLOR COSMETICS MARKET SIZE IN EYE MAKE-UP, BY REGION,
2013-2020 (USD BILLION) 52
TABLE 8 COLOR COSMETICS MARKET SIZE IN FACIAL MAKE-UP, BY REGION,
2013-2020 (USD BILLION) 53
TABLE 9 COLOR COSMETICS MARKET SIZE IN HAIR COLOR PRODUCTS , BY REGION,
2013-2020 (USD MILLION) 55
TABLE 10 COLOR COSMETICS MARKET SIZE IN SPECIAL EFFECT and SPECIAL PURPOSE PRODUCTS MARKET, BY REGION, 2013-2020 (USD MILLION) 56
TABLE 11 COLOR COSMETICS MARKET SIZE IN OTHERS, BY REGION,
2013-2020 (USD MILLION) 58
TABLE 12 COLOR COSMETICS MARKET SIZE, BY REGION, 2013-2020 (USD BILLION) 60
TABLE 13 NORTH AMERICA: COLOR COSMETICS MARKET SIZE, BY COUNTRY,
2013-2020 (USD BILLION) 63
TABLE 14 NORTH AMERICA: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD BILLION) 63
TABLE 15 NORTH AMERICA: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 64
TABLE 16 U.S.: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD BILLION) 64
TABLE 17 U.S.: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 65
TABLE 18 CANADA: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD BILLION) 66
TABLE 19 CANADA: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 66
TABLE 20 MEXICO: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD BILLION) 67
TABLE 21 MEXICO: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 68
TABLE 22 EUROPE: COLOR COSMETICS MARKET SIZE, BY COUNTRY,
2013-2020 (USD BILLION) 69
TABLE 23 EUROPE: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD BILLION) 69
TABLE 24 EUROPE: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 70
TABLE 25 GERMANY: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD BILLION) 72
TABLE 26 GERMANY: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 72
TABLE 27 FRANCE: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD BILLION) 73
TABLE 28 FRANCE: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 74
TABLE 29 U.K.: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD MILLION) 75
TABLE 30 U.K.: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 75
TABLE 31 ITALY: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD MILLION) 76
TABLE 32 ITALY: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 76
TABLE 33 SPAIN: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD MILLION) 77
TABLE 34 SPAIN: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 77
TABLE 35 OTHERS: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD BILLION) 78
TABLE 36 OTHERS: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 78
TABLE 37 ASIA-PACIFIC: COLOR COSMETICS MARKET SIZE, BY COUNTRY,
2013-2020 (USD BILLION) 81
TABLE 38 ASIA-PACIFIC: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD BILLION) 81
TABLE 39 ASIA-PACIFIC: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 82
TABLE 40 CHINA: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD BILLION) 83
TABLE 41 CHINA: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 83
TABLE 42 JAPAN: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD BILLION) 84
TABLE 43 JAPAN: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 84
TABLE 44 INDIA: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD MILLION) 85
TABLE 45 INDIA: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 86
TABLE 46 INDONESIA: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD MILLION) 86
TABLE 47 INDONESIA: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 87
TABLE 48 AUSTRALIA: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD MILLION) 87
TABLE 49 AUSTRALIA: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 88
TABLE 50 OTHERS: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD MILLION) 89
TABLE 51 OTHERS:COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 89
TABLE 52 ROW: COLOR COSMETICS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION) 90
TABLE 53 ROW: COLOR COSMETICS MARKET SIZE, BY TARGET MARKET,
2013-2020 (USD BILLION) 90
TABLE 54 ROW: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 91
TABLE 55 BRAZIL: COLOR COSMETICS MARKET SIZE, BY TAREGT MARKET,
2013-2020 (USD BILLION) 91
TABLE 56 BRAZIL: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 92
TABLE 57 CHILE: COLOR COSMETICS MARKET SIZE, BY TAREGT MARKET,
2013-2020 (USD MILLION) 92
TABLE 58 CHILE: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 93
TABLE 59 ARGENTINA: COLOR COSMETICS MARKET SIZE, BY TAREGT MARKET,
2013-2020 (USD MILLION) 93
TABLE 60 ARGENTINA: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 94
TABLE 61 SOUTH AFRICA: COLOR COSMETICS MARKET SIZE, BY TAREGT MARKET,
2013-2020 (USD MILLION) 94
TABLE 62 SOUTH AFRICA: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 95
TABLE 63 OTHERS: COLOR COSMETICS MARKET SIZE, BY TAREGT MARKET,
2013-2020 (USD BILLION) 95
TABLE 64 OTHERS: COLOR COSMETICS MARKET SIZE, BY APPLICATION,
2013-2020 (USD MILLION) 96


LIST OF FIGURES

FIGURE 1 COLOR COSMETICS MARKET: RESEARCH DESIGN 17
FIGURE 2 BOTTOM-UP APPROACH 21
FIGURE 3 TOP-DOWN APPROACH 22
FIGURE 4 COLOR COSMETICS MARKET: DATA TRIANGULATION 23
FIGURE 5 ASSUMPTIONS OF THE RESEARCH STUDY 24
FIGURE 6 FACIAL MAKE-UP TO REGISTER THE HIGHEST CAGR ACROSS COLOR COSMETICS APPLICATIONS, 2015—2020 (USD BILLION) 25
FIGURE 7 ASIA-PACIFIC TO REGISTER A SIGNIFICANT GROWTH IN THE COLOR COSMETICS MARKET (2015-2020) 26
FIGURE 8 COLOR COSMETICS MARKET SIZE (USD MILLION) 27
FIGURE 9 FACIAL MAKE-UP APPLICATION TO REGISTER THE HIGHEST GROWTH, 2015-2020 28
FIGURE 10 CHINA ESTIMATED TO BE THE LARGEST MARKET FOR FACIAL MAKE-UP ACROSS ALL APPLICATIONS (2015) 29
FIGURE 11 COLOR COSMETICS IS ESTIMATED TO ACCOUNT FOR THE HIGHEST MARKET SHARE IN CHINA, 2015 30
FIGURE 12 ASIA-PACIFIC COUNTRIES ARE AT THE GROWTH STAGE OF THE LIFE CYCLE ANALYSIS 31
FIGURE 13 MARKET SEGMENTATION OF COLOR COSMETICS, BY TARGET MARKET 33
FIGURE 14 MARKET SEGMENTATION OF COLOR COSMETICS, BY APPLICATION 34
FIGURE 15 MARKET SEGMENTATION OF COLOR COSMETICS, BY REGION 34
FIGURE 16 INCREASING PREFERENCES FOR COLOR COSMETICS IN THE COSMETICS AND PERSONAL CARE INDUSTRY ARE DRIVING THE COLOR COSMETICS MARKET 35
FIGURE 17 VALUE-CHAIN ANALYSIS: COLOR COSMETICS MANUFACTURERS ADD
MAXIMUM VALUE 38
FIGURE 18 PORTER'S FIVE FORCES ANALYSIS 39
FIGURE 19 COLOR COSMETICS MARKET, BY TARGET MARKET 43
FIGURE 20 MASS PRODUCTS ARE THE FASTEST-GROWING TARGET MARKET OF THE COLOR COSMETICS MARKET (2015-2020) 44
FIGURE 21 ASIA-PACIFIC IS THE FASTEST-GROWING REGION FOR PRESTIGE PRODUCTS, (2015-2020) 45
FIGURE 22 MASS PRODUCTS TO REGISTER HIGH GROWTH IN ROW (2015-2020) 46
FIGURE 23 ASIA-PACIFIC IS THE LARGEST MARKET FOR NAIL PRODUCTS (2015-2020) 50
FIGURE 24 ASIA-PACIFIC IS THE DOMINATING REGION IN LIP PRODUCTS MARKET
(2015-2020) 51
FIGURE 25 ASIA-PACIFIC IS THE LARGEST MARKET FOR EYE MAKE-UP PRODUCTS,
(2015-2020) 53
FIGURE 26 ASIA-PACIFIC TO GROW WITH THE HIGHEST CAGR FOR FACIAL MAKE-UP APPLICATIONS (2015-2020) 54
FIGURE 27 NORTH AMERICA DOMINATED THE HAIR COLOR PRODUCTS MARKET,
(2015-2020) 56
FIGURE 28 SPECIAL EFFECT and SPECIAL PURPOSE PRODUCTS MARKET TO BE DOMINATED BY NORTH AMERICA, (2015-2020) 57
FIGURE 29 ASIA-PACIFIC IS THE FASTEST-GROWING REGION FOR OTHER COLOR COSMETICS APPLICATIONS, (2015-2020) 58
FIGURE 30 ASIA-PACIFIC IS THE FASTEST-GROWING REGION, 2015-2020 61
FIGURE 31 PRESTIGE PRODUCTS TO BE THE LARGEST MARKET FOR COLOR
COSMETICS, 2014 62
FIGURE 32 FACIAL MAKE-UP DOMINATES EUROPEAN COLOR COSMETICS MARKET IN 2015 71
FIGURE 33 PRESTIGE PRODUCTS DOMINATE COLOR COSMETICS MARKET IN FRANCE,
2015-2020 74
FIGURE 34 CHINA, JAPAN, AND INDIA ARE THE MOST LUCRATIVE MARKETS IN 2014 80
FIGURE 35 GROWTH STRATEGIES ADOPTED BY LEADING COMPANIES 97
FIGURE 36 NEW PRODUCT LAUNCHES AND EXPANSIONS ARE THE KEY STRATEGIES ADOPTED BY COMPANIES 98
FIGURE 37 NEW PRODUCT LAUNCH HAS FUELLED GROWTH and INNOVATION BETWEEN 2011 AND 2015 99
FIGURE 38 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCH WAS THE KEY STRATEGY 100
FIGURE 39 REGIONAL REVENUE MIX OF LEADING MARKET PLAYERS 102
FIGURE 40 UNILEVER N.V.: COMPANY SNAPSHOT 103
FIGURE 41 L'ORÉAL GROUP : COMPANY SNAPSHOT 110
FIGURE 42 AVON PRODUCTS INC.: COMPANY SNAPSHOT 114
FIGURE 43 ESTEE LAUDER: COMPANY SNAPSHOT 119
FIGURE 44 SHISEIDO: COMPANY SNAPSHOT 123
FIGURE 45 COTY: COMPANY SNAPSHOT 125
FIGURE 46 REVLON INC.: COMPANY SNAPSHOT 134

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