Relevant and resilient colour cosmetics: Euromonitor market update

By Lucy Whitehouse contact

- Last updated on GMT

Relevant and resilient colour cosmetics: Euromonitor market update
With the category showing reactive performances across the world, we check in with the market research firm on the latest growth, trends and challenges in the colour cosmetics market.

Here, we get the latest market insights from Euromonitor​ for the wider global market, and shine a particular spotlight onto Europe.

Global market: relevant, resilient and reactive colour cosmetics

Global colour cosmetics grew by 7% in 2015, which equated to a USD3.4 billion rise in value, proving to be the most dynamic and most valuable year of growth for the category over the review period.

While the beauty and personal care industry struggled to make significant headway in 2015, colour cosmetics demonstrated its relevance, resilience and ability to react quickly to a rapidly evolving consumer and retail landscape.

The market accounted for 18% of overall industry growth in 2015, compared with 14% of value growth in 2014, as colour cosmetics steadily becomes more established in emerging markets

European spotlight

Western Europe is home to four of the top 10 largest colour cosmetics markets globally.

The region continued to grow over the review period, despite market maturity and economic uncertainty.

The UK continues to underpin a substantial amount of growth, as the largest market in the region, alone contributing over a third of the value added to the category between 2010 and 2015.

Future predictions

Moving forward, the UK is plagued by the prospect of Brexit in 2017 and beyond. Rumblings of price rises from the likes of Unilever have reminded consumers that exiting the EU might come at a cost.

Colour cosmetics products manufactured on the continent are already becoming more expensive than before the drop in the value of the pound – something that is expected to intensify once Britain leaves the EU, with the costs being absorbed by consumers.

Related news

Show more

Related products

show more

CameleonCaps™ win Silver @ In-Cos MakeUp Bar!

CameleonCaps™ win Silver @ In-Cos MakeUp Bar!

Tagra Biotechnologies | 18-Mar-2019 | Product Brochure

CameleonCaps™ are cellulose-based encapsulated pigments that are durable during formulation and scale-up, yet break easily beneath fingertips upon application....

Related suppliers

Follow us

Products

View more

Webinars