North America Liquid Makeup Market Size, Share & Industry Trends Analysis Report By Distribution Channel (Online and Offline), By Product (Foundation, Eye Products, Lip Products, Concealer), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Liquid Makeup Market would witness market growth of 5.1% CAGR during the forecast period (2022-2028).
Cosmetics are currently a necessary component of the daily lifestyle of people. In addition, development in awareness about external beauty as well as individuals’ internal intellect is becoming one of the primary driving causes for the utilization of cosmetics in the industry. Currently, males are using cosmetics more frequently in their everyday lives than women are, which supports the expansion of the demand for cosmetics on the liquid makeup market. As a result of these altering lifestyles, the worldwide cosmetics market has expanded.
The rising level of consumer disposable income is driving the growth of liquid cosmetic products. Particularly among youngsters aging 18 to 34, a group that is acutely aware of environmental & social concerns, the foundation category dominates the liquid makeup market. Due to its advantages and simplicity of integration with serums and toners, the foundation enjoys significant customer popularity. Customers all across the world may now purchase liquid makeup because of the development of e-commerce channels.
Due to rising internet usage and customer demand for shopping apps, leading industry players are constructing e-commerce websites quickly in a variety of enticing locations. Online retailers give members of their online community benefits in addition to discounts & special offers. In addition to women, men around the world are exhibiting interest in beauty & cosmetics. Companies are engaging in initiatives to enhance inclusivity for this demographic while recognizing this trend. This is their first attempt into the market for goods for men's grooming.
Due to the existence of several organic certification programs for the beauty and cosmetics industry in the region, the population of the North America region has a strong preference for cosmetics & skincare products. Organic makeup products have also become increasingly popular. NSF International certifies organic ingredients used in personal care products and provides ingredient transparency, including ingredient levels of 95 percent, 70 percent, and 100 percent organic.
The US market dominated the North America Liquid Makeup Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,165.1 Million by 2028. The Canada market is poised to grow at a CAGR of 7.5% during (2022 - 2028). Additionally, The Mexico market would showcase a CAGR of 6.5% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Online and Offline. Based on Product, the market is segmented into Foundation, Eye Products, Lip Products, Concealer and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Liquid Makeup Market is Estimated to reach $10.9 Billion by 2028, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include LVMH SE, Shiseido Company, Limited, Estee Lauder Companies, Inc., L'Oreal Group, Natura & Co Holding SA, KIKO USA, Inc., e.l.f. Beauty, Inc., and Pacifica Beauty LLC.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Eye Products
- Lip Products
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- LVMH SE
- Shiseido Company, Limited
- Estee Lauder Companies, Inc.
- L'Oreal Group
- Natura & Co Holding SA
- KIKO USA, Inc.
- e.l.f. Beauty, Inc.
- Pacifica Beauty LLC
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