According to a new report, published by KBV research, The Global Setting Spray Market size is expected to reach $1.2 billion by 2028, rising at a market growth of 6.4% CAGR during the forecast period.
The Before Makeup segment is showcasing a CAGR of 7% during (2022 - 2028). Ingredients like hyaluronic acid and glycerin in some setting sprays can moisturize the skin. Before applying makeup, spritzing the skin with a setting spray can assist in keeping the skin hydrated and stopping it from getting flaky or dry. Setting sprays can also aid in smoothing the skin by covering pores and fine wrinkles, which prepares the surface for applying makeup.
The Offline segment acquired maximum revenue share in the Global Setting Spray Market by Distribution Channel in 2021 thereby, achieving a market value of $789.7 Million by 2028. The cost of products in offline stores varies based on the brand, giving customers the choice of various brands to fit their budget. Consumer demand for beauty items has surged, expanding product lines in supermarkets & hypermarkets, and retail stores, thus fueling the expansion of the segment. The demand for setting spray is also increasing as a result of the vast range of goods that are offered in offline cosmetic stores.
The Commercial segment has shown the growth rate of 7.3% during (2022 - 2028). Fashion, entertainment, and ads are just a few industries that employ setting spray commercially, and thus propel the growth of the segment. People involved in these industries use setting sprays extensively as they have to continuously watch or shoot a film or ad for long hours. Then, depending on the type of appearance that needs to be created using these products, setting sprays offering a particular finish look are applied.
The North America market dominated the Global Setting Spray Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $402.5 Million by 2028. The Europe market is exhibiting a CAGR of 6% during (2022 - 2028). Additionally, The Asia Pacific market would display a CAGR of 7.3% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/setting-spray-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of L'Oreal Group, The Estée Lauder Companies, Inc., Insight Cosmetics (Reliance Retails Venture Limited), Groupe Clarins, e.l.f. Beauty, Inc., Beauty Icons AB, Vellvette Lifestyle Private Limited (SUGAR Cosmetics), AS Beauty LLC, Hindustan Unilever Limited (Lakme Cosmetics) (Unilever PLC) and SWISS BEAUTY Cosmetics.
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