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Pharmacy benefit management market
Mascara Cream Market Report Overview
global mascara cream market size was USD 6003.6 million in 2022 and market is projected to touch USD 7813.54 million by 2032 at CAGR 2.7% during the forecast period.
Mascara is typically a cosmetic product used to enhance the appearance of eyelashes. It comes in the form of a liquid or gel-like substance that is applied to the lashes using a brush or wand. Mascara is used to darken, lengthen, and volumize eyelashes, giving the eyes a more defined and dramatic look.
The mascara cream market, like other segments of the cosmetics and beauty industry, has experienced growth over the years and is likely to continue growing in the future due to increasing beauty consciousness, innovation in formulations, celebrity endorsements and social media influence, e-commerce growth, natural and organic trends and rising disposable income.
COVID-19 Impact: Pandemic Hampered the Market Demand Due to Supply Chain Disruptions
The global COVID-19 pandemic has been unprecedented and staggering, with mascara cream market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Like many other industries, the cosmetics industry faced disruptions in its global supply chain due to lockdowns, restrictions, and disruptions in transportation. This affected the production and distribution of mascara creams, causing delays and shortages in some regions. During the pandemic, consumer behavior shifted significantly. Many people reduced their use of makeup products, including mascara, as they were staying at home more and had fewer social events to attend. This led to a temporary decline in demand for cosmetics. Consumers became more conscious of hygiene and safety in their beauty routines. Mascaras, like other makeup products, faced scrutiny regarding their safety and the potential for transmitting the virus. Companies had to adapt their packaging, marketing, and product formulations to address these concerns. The pandemic accelerated the trend towards clean and natural beauty products. Consumers became more aware of the ingredients in their cosmetics and preferred products that were perceived as safer and healthier for their skin. As lockdowns eased and vaccination efforts progressed, the cosmetics market, including mascara, began to recover.
Latest Trends
"Natural and Organic Formulations to Fuel Market Growth"
Consumers were increasingly looking for natural and organic mascara creams that are free from harmful chemicals and preservatives. Brands were responding to this demand by offering products with clean and eco-friendly ingredients. Many consumers were prioritizing vegan and cruelty-free mascara products, reflecting a broader shift towards ethical and sustainable cosmetics. Mascara wand and brush designs were evolving to offer unique features such as different brush shapes and sizes to achieve specific lash effects, like volume, lengthening, and curling. There was a continued demand for waterproof mascaras that could withstand sweat, tears, and humid conditions. Long-lasting formulas that didn't smudge or flake throughout the day were also gaining popularity. Some brands were offering customizable mascara options, allowing consumers to choose the brush type, formula, and other features to cater to their specific preferences and needs. Brands were making efforts to reduce their environmental impact by using sustainable packaging materials and promoting recycling. Refillable mascara containers were also emerging as an eco-friendly option.
Mascara Cream Market Segmentation
- By Type
According to type, the market can be segmented into Water Resistant, Regular.
- By Application
Based on application, the market can be divided into Below 17 Years Old, 17-24 Years Old, 24-44 Years Old, Above 44 Years Old.
Driving Factors
"Increasing Beauty Consciousness to Drive Market Growth"
With the rise in beauty consciousness and a growing focus on personal grooming and appearance, the demand for cosmetics, including mascara, has been on the rise. Consumers are willing to invest in makeup products to enhance their looks. Cosmetic companies constantly innovate to create mascara creams that offer better performance, such as smudge-proof, waterproof, and volumizing formulas. These innovations attract customers looking for specific features in their mascara. Celebrity endorsements and the influence of beauty bloggers and social media influencers play a significant role in driving consumer interest in mascaras. Consumers often want to replicate the looks of their favorite celebrities and influencers. The growth of e-commerce platforms has made it easier for consumers to access a wide variety of mascara products. Online shopping offers convenience and often provides consumers with access to a broader range of brands and products. There is a growing trend towards natural and organic beauty products. Many consumers are seeking mascara creams with natural ingredients, free from harmful chemicals, and cruelty-free, which has led to the development of niche markets for such products. Emerging markets have seen an increase in disposable income and a growing middle class. This has led to increased spending on cosmetics and personal care products, contributing to mascara cream market growth. Some brands offer customizable mascara products that allow customers to choose brush types, formula consistency, and even colors, catering to individual preferences.
Restraining Factors
"Safety and Allergenicity Concerns to Restrict Market Growth "
Some consumers may experience allergic reactions or sensitivity to certain ingredients commonly found in mascara creams, such as preservatives and fragrances. This can lead to product recalls, lawsuits, and damage to a brand's reputation. Changing consumer preferences can affect the demand for specific types of mascara, such as waterproof or natural/organic options. Manufacturers must adapt to these shifts to remain competitive.
Mascara Cream Market Regional Insights
"Presence of Key Players in North America Anticipated to Drive Market Expansion "
North America holds leading position in mascara cream market share. U.S. and Canada have traditionally been significant players in the cosmetics market. The region has a large consumer base with a high demand for cosmetic products, including mascaras. Many well-established cosmetic brands are headquartered in this region, contributing to its market leadership.
Key Industry Players
"Adoption Innovative Strategies by Key Players Influencing Market Growth"
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio.
The top key players in the market are L'Oreal, Procter & Gamble, Estee Lauder, Avon, PIAS, DHC, Shiseido, LVMH, The face shop, Revlon, Gurwitch, Amore Pacific. The strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players stimulates market demand.
LIST OF TOP MASCARA CREAM COMPANIES
- L'Oreal (France)
- Procter & Gamble (U.S.)
- Estee Lauder (U.S.)
- Avon (U.K.)
- PIAS (Belgium)
- DHC (Japan)
- Shiseido (Japan)
- LVMH (France)
- The face shop (South Korea)
- Revlon (U.S.)
- Gurwitch (U.S.)
- Amore Pacific (South Korea)
Report Coverage
This report examines an understanding of the mascara cream market’s size, share, and growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.
Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 6003.6 Million in 2022 |
Market Size Value By |
US$ 7813.54 Million by 2032 |
Growth Rate |
CAGR of 2.7% from 2022 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What value is the global Mascara cream market expected to touch by 2032?
The global mascara cream market is expected to touch USD 7813.54 million by 2032.
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What CAGR is the mascara cream market expected to exhibit during 2032?
The mascara cream market is expected to exhibit a CAGR of 2.7% over 2032.
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Which are the driving factors of the Mascara Cream market?
Increasing beauty consciousness, celebrity endorsements and social media influence are the driving factors of the Mascara Cream market.
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Which are the top companies operating in the Mascara Cream market?
Mascara Cream market LOreal, Procter & Gamble, Estee Lauder, Avon, PIAS, DHC, Shiseido, LVMH, The face shop, Revlon, Gurwitch, Amore Pacific