{"id":95,"date":"2022-09-23T08:03:54","date_gmt":"2022-09-23T08:03:54","guid":{"rendered":"https:\/\/imfashion.org\/?p=95"},"modified":"2022-09-23T08:03:54","modified_gmt":"2022-09-23T08:03:54","slug":"makeup-market-share-covid-19-impact-analysis-2021-2028-global-makeup-industry-expected-to-hit-usd-50-28-billion-at-5-2-cagr-during-forecast-period-says-fortune-business-insights","status":"publish","type":"post","link":"https:\/\/imfashion.org\/makeup-market-share-covid-19-impact-analysis-2021-2028-global-makeup-industry-expected-to-hit-usd-50-28-billion-at-5-2-cagr-during-forecast-period-says-fortune-business-insights\/","title":{"rendered":"Makeup Market Share, COVID-19 Impact Analysis [2021-2028] | Global Makeup Industry Expected to Hit USD 50.28 billion at 5.2 % CAGR during Forecast Period, Says Fortune Business Insights™"},"content":{"rendered":"

The global makeup market<\/a> size was\u00a0USD 34.38 billion\u00a0in 2020. The market is projected to grow from\u00a0USD 35.22 billion\u00a0in 2021 to\u00a0USD 50.28 billion\u00a0in 2028 at a CAGR of\u00a05.2 %\u00a0in the 2021-2028 period.<\/p>\n

This information is published by\u00a0Fortune Business Insights™,<\/strong>\u00a0in its report, titled,\u00a0\u201cMakeup Market Size, Share & COVID-19 Impact Analysis, By Product (Powder, Gels, Lotions, and Others), Application Area (Lips, Eyes, Face, and Others), Distribution Channel (Supermarkets\/Hypermarkets, Exclusive Brand Stores, Online\/e-commerce Channels, and Others), and Regional Forecast, 2021-2028.\u201d<\/strong><\/p>\n

According to our researchers, the fact that needless face inadequacies can be made unseen or camouflaged by applying certain makeup products, whereas on the contrary, color cosmetics can also improve or accentuate the beautiful features, which augments the complete presence and persona of the individual. This, in turn, has amplified the admiration of these products across the world.<\/p>\n

COVID-19 Impact<\/strong><\/h3>\n

Limitations by Governments amid COVID-19 to Diminish Demand for Beauty Products<\/strong><\/p>\n

The outburst of the pandemic has led to the execution of several guidelines and constraints concerning lockdown, social distancing, and other norms. This has thereby dramatically declined the application of makeup on a regular basis, particularly among the female population, and therefore has limited the market growth. As per the facts issued in the 2020 L\u2019Oreal Annual Report, discusses that the global beauty market confronted a deterioration rate of -8% in 2020.<\/p>\n

List of Key Players Covered in the Report<\/strong><\/p>\n