APAC to Dominate Global Colour Cosmetics Market, States Euromonitor in Its In-demand Report Available at MarketPublishers.com
06 Mar 2017 • by Natalie Aster
LONDON – Supported by the rapidly increasing middle-class population in China and India, APAC is poised to become the largest colour cosmetics market by 2020, running ahead of North America. Fluctuating fortunes in Japan, though, signify it will lose its market share step by step, taking down with it an avalanche of household local names. The bright spots are likely to be brands that can convey added utility or remedial traits beyond the bounds of pure aesthetic medicine and these will be sold exponentially in more complex and specialist environment.
Basic coverage and advantaged to the health of the skin imply that facial make-up is the bottom line of make-up routines in APAC; especially CC and BB creams, which are considered to be extremely convenient and buy the consumer additional time through their hybrid advantages.
In developing economies, beauty specialists are increasingly a target, rather than a stride in the process of selection. Though emerging markets lose ground a little in this respect, the leaning is there for a more guided and competent route to purchase; apparent in the continuous desertion of conventional grocery retailers, where cosmetics products were simply ancillary shelf-stackers or cheap impulse purchases.
In-demand research report “Colour Cosmetics in Asia Pacific” drawn up by Euromonitor offers deep, deep insights into to the beauty and personal care universe. The research study estimates the market size and structure of the industry, uncovers buzz topics and pressing industry issues, emerging geographies, provides market categorization, and looks at the key trends, high-growth segments and factors propelling the market growth. The study limelights the competitive setting, pinpoints the prominent industry participants and leading brands, and reveals the factors affecting the market. It present detailed market forecasts, as well as investigates the developments in the premium as against mass segments, alongside the evolution of new beauty concepts.
More in-demand research publication by Euromonitor are available at its page.