Face Primer Market is Expected to Register CAGR of 5.4% by 2030

Market Size – USD 1.99 Billion in 2021, Market Growth – at a CAGR of 8.1%, Market Trends –Rising trends of colour cosmetics

- The Face Primer Market size was USD 1.99 Billion in 2021 and is expected to register a revenue CAGR of 8.1% over the forecast period, according to the latest report by Reports and Data. Beauty Vlogging and fashion blogging content is gaining popularity as a trend and generating a number of opportunities for face primer manufacturers. A large number of the Gen Z population is influenced by beauty vloggers and major social media applications such as YouTube, Instagram, and Facebook is playing a strategic role in generating demand for face primer products. Market demand for face primers is increasing with the female population. According to the World Bank, in 2021, out of the total population, the female population in the world is 49.6%.

These instances are making opportunities for the global face primer market as well as several direct-to-consumer (DTC) brands are raising funds to promote their products through e-commerce platforms, which is expected to drive demand for face primes over the forecast period. Moreover, Color cosmetics are becoming a popular consumer trend, and market leaders of beauty and cosmeceuticals industry players such as L’Oréal, MAC Cosmetics, Maybelline, Revlon, and others.

 

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Global Face Primer Market Synopsis:

Revenue of the global consumer goods industry is expected to grow at a significant rate over the forecast period owing to various factors. Surge in global population, fast-paced globalization, rising demand for consumer goods, and increasing adoption of advanced technologies such as the IoT (Internet of Things), robotics, and 3D printing by manufacturers are among the key factors prompting industry revenue growth. Significantly changing consumer tastes and preferences, introduction of eco-friendly and sustainable product packaging solutions, growing demand for organic food products and ingredients, and increasing investments in FMCG logistics infrastructure development are other major factors accounting for the revenue growth of the consumer goods industry. 

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

Top Companies Profiled in the Report:

 

  • Make-up Art Cosmetics (MAC),
  • Chanel,
  • L’Oréal Groupe,
  • Estée Lauder Inc,
  • Maybelline New York,
  • Revlon, Inc.,
  • Sephora USA, Inc.,
  • Almay,
  • Elizabeth Arden,
  • Lancôme,
  • Clarins

 

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Frequently Asked Questions (FAQs) Answered in the Report:

 

  • What is the projected revenue growth rate of the global Face Primer market?
  • What are the major factors driving the growth of the global Face Primer market?
  • What are the imminent risks and challenges expected to restrain market growth in the coming years?
  • What are the latest trends observed in the global Face Primer market?
  • What are the outcomes of the SWOT Analysis and Porter’s Five Forces Analysis conducted in the Face Primer market report?

 

Market Segmentation:

 

By Product Type Outlook

 

  • Foundation primer
  • Mascara primer
  • Eyelid primer
  • Lip primer
  • Others

By Base Type Outlook

 

  • Water based
  • Silicone based

By Distribution Channel Outlook

 

  • Retail and supermarkets
  • Online
  • Others

 

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