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Opportunities in the $13+ Billion Western Europe Make-Up Sector - ResearchAndMarkets.com

May 20, 2019

DUBLIN--(BUSINESS WIRE)--May 20, 2019--

The “Opportunities in the Western Europe Make-Up Sector: Analysis of opportunities offered by high-growth economies” report has been added to ResearchAndMarkets.com’s offering.

Opportunities in the Western Europe Make-Up Sector brings together multiple data sources to provide a comprehensive overview of the region’s make-up sector. It includes market overview, high growth country analysis, top brands, key distribution channels, packaging formats and case studies.

The Western European make-up sector was valued at US$11,438.6 million in 2018 and is forecast to reach US$13,475.3 million by 2023, growing at a CAGR of 3.3% during 2018-2023.

Eye make-up was the largest category in Western Europe, with total value sales of US$3,967.4 million in 2018. Meanwhile, face make-up, the second-largest category, registered total value sales of US$3,951.3 million. With a projected CAGR of 3.7% during 2018-2023, the nail make-up category is set to record the fastest growth among all make-up categories in Western Europe.

The UK, Sweden, Belgium, and Germany were identified as high-potential countries for make-up in the region. The UK is expected to grow the fastest in value terms during 2018-2023, while Belgium is forecast to lead growth in volume terms. The Western European make-up sector is fragmented, with the top five brands - Maybelline, L’Oreal Paris, Rimmel, Max Factor, and Lancme - accounting for a combined value share of 34.6% in 2018. Private label brands accounted for a 6% share of total value sales in the same year.

Health & beauty stores led sales in 2018 with a total value share of 27.3%. Hypermarkets & supermarkets and drugstores & pharmacies are the other leading distribution channels, with value shares of 19.7% and 16.1%, respectively, in the same year. Rigid plastics accounted for the largest share of pack material in the Western European make-up sector, with a volume share of 73.5% in 2018. Specialty container, screw top, and carton - folding are the leading pack type, closure type, and outer type, respectively.


Companies Mentioned

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Related Topics:Cosmetics



SOURCE: Research and Markets

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PUB: 05/20/2019 10:43 AM/DISC: 05/20/2019 10:43 AM


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