Makeup Market Trends, Industry Share, Growth Drivers, Business Opportunities and Demand Forecast to 2028
The global makeup market size was USD 34.38 billion in 2020. The market is projected to grow from USD 35.22 billion in 2021 to USD 50.28 billion in 2028 at a CAGR of 5.2 % in the 2021-2028 period. This information is published by Fortune Business Insights™ , in its report, titled, “ Makeup Market Size, Share & COVID-19 Impact Analysis, By Product (Powder, Gels, Lotions, and Others), Application Area (Lips, Eyes, Face, and Others), Distribution Channel (Supermarkets/Hypermarkets, Exclusive Brand Stores, Online/e-commerce Channels, and Others), and Regional Forecast, 2021-2028.” According to our researchers, the fact that needless face inadequacies can be made unseen or camouflaged by applying certain makeup products, whereas on the contrary, color cosmetics can also improve or accentuate the beautiful features, which augments the complete presence and persona of the individual. This, in turn, has amplified the admiration of these products across the world. COVID-19 Impact Li