Research Offers 10-Year Forecast on Colour Cosmetics Market
Global market of colour cosmetics is sub-segmented into seven key regions- North America, Latin America, East Europe, West Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa. Presently, the colour cosmetics market is mainly concentrated in the North American and European region mainly due to innovations in colour cosmetics, high consumer disposable income and new product launches (e.g. advanced nail varnishes and BB creams) in colour cosmetic market in these regions. In terms of revenue share contribution, the United States is the biggest cosmetic market in the world. In Europe, UK dominates over the major market share mainly due to the continuous upsurge in the demand for prestige colour cosmetics.
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