Color Cosmetics has been the bright spot in the market for the past year or so, and now a new report confirms that the trend looks promising for the next few years, at least. The report, published by MarketsandMarkets, looks at several variables: “Color Cosmetics Market by Target Market (Prestige Products and Mass Products), by Application (Nail Products, Lip Products, Eye Make-up, Facial Make-up, Hair Color Products, Special Effect Products Others) and by Geography – Forecasts and Trends to 2019”, says the Color Cosmetics Market is projected to grow at a CAGR of 4.0% between 2014 and 2019 to reach $47 billion by 2019, in terms of value. More than 100 market data tables and 62 figures are included with the data.
 
The report also identifies the driving and restraining factors for the color cosmetics market with an analysis of drivers, restraints, opportunities, and strengths. The market is segmented and the value has been forecasted on the basis of key regions, such as Asia-Pacific, North America, Europe, and Rest of the World (RoW). Further, the market is segmented and the demand and value are forecasted on the basis of various key applications of color cosmetics, such as nail products, lip products, eye make-up, and other applications.
 
Innovations in color cosmetics and rising consumer disposable income are leading the growth of this market in North America and Europe, especially in the U.S. and UK. The developing economies of Asia, especially China and India, are also projected to register high growth rate in the color cosmetics market in the next five years.  Prestige products registered strong growth in 2013 as consumers traded prestige brands over mass products and this trend is projected to continue for the next five years.

Details here.