Makeup Market Updates, Future Growth, Business Prospects, Forthcoming Developments and
Future Investments by Forecast to 2027
The global makeup market size is likely to gain impetus from the increasing awareness programs
regarding the usage of synthetic and toxic chemicals in cosmetics and their hazardous effects on
skin. Thus, consumers are rapidly inclining towards natural products that are safer to use.
Numerous manufacturers are investing huge sums in research and development activities to
create products infused with botanical or herbal extracts. Fortune Business Insights™ provided
this information in a recently published report, titled, “Makeup Market Size, Share & Industry
Analysis, By Products (Powder, Gels, Lotions, and Others), By Application Area (Lips, Eyes,
Face, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Exclusive Brand
Stores, Online/e-commerce Channels, and Others) and Regional Forecast, 2019-2026.” The
report further mentions that the makeup market size stood at USD 43.82 billion in 2018. It is
projected to reach USD 63.73 billion by 2026, thereby exhibiting a CAGR of 4.9% during the
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this
health crisis has brought an unprecedented impact on businesses across industries. However, this
too shall pass. Rising support from governments and several companies can help in the fight
against this highly contagious disease. Some industries are struggling and some are thriving.
Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19
pandemics. Based on our experience and expertise, we will offer you an impact analysis of
coronavirus outbreak across industries to help you prepare for the future.
Key Players Adopt the Strategy of Acquisition to Strengthen their Position