{"id":174191,"date":"2019-10-25T13:18:06","date_gmt":"2019-10-25T13:18:06","guid":{"rendered":"http:\/\/www.georgianewsdesk.com\/news\/story\/174191\/makeup-base-market-to-grow-at-180-billion-by-2025-key-players-loral-sa-lvmh-mot-hennessy-louis-vuitton-se-coty-inc-este-lauder-companies-avon-products-inc-and-chanel-sa.html"},"modified":"2019-10-25T13:18:06","modified_gmt":"2019-10-25T13:18:06","slug":"makeup-base-market-to-grow-at-180-billion-by-2025-key-players-loral-sa-lvmh-mot-hennessy-louis-vuitton-se-coty-inc-este-lauder-companies-avon-products-inc-and-chanel-sa","status":"publish","type":"post","link":"http:\/\/www.honolulunewsnow.com\/news\/story\/174191\/makeup-base-market-to-grow-at-180-billion-by-2025-key-players-loral-sa-lvmh-mot-hennessy-louis-vuitton-se-coty-inc-este-lauder-companies-avon-products-inc-and-chanel-sa.html","title":{"rendered":"Makeup Base Market to Grow at $18.0 Billion by 2025 | Key Players – L’Or\u00e9al S.A.; LVMH Mo\u00ebt Hennessy \u2013 Louis Vuitton SE; Coty Inc.; Est\u00e9e Lauder Companies; Avon Products, Inc.; and Chanel S.A."},"content":{"rendered":"
\"Makeup<\/a><\/p>\n
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Grand View Research, Inc. – Market Research And Consulting.<\/div>\n<\/div>\n<\/div>\n
According to report published by Grand View Research, The global makeup base market size was valued at USD 12.2 billion in 2018. Rising participation of women in the workforce and increasing physical appearance consciousness among millennial consumers across the world are some of the key factors driving the market for makeup base<\/div>\n

The global makeup base market<\/a><\/strong> size is expected to reach USD 18.0 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.8% over the forecast period. Rising awareness about physical appearance, coupled with increasing purchasing power in developing countries such as China, Brazil, and India, is fueling demand for makeup base over the world. In addition, rising female participation in the global workforce has been impacting the market growth positively. Over the past few years, importance of digital marketing has been growing significantly in this industry owing to influence of social media on consumers. Therefore, manufacturers of makeup base are emphasizing on digital marketing by collaborating with social media platforms and social influencers.<\/p>\n

The foundation product segment dominated the global market in 2018, accounting for over 40.0% share of the total revenue. Wide range of shades available in liquid, cream, cake, and stick forms has been expanding the consumer base of the industry. Popularity of the cushion foundation has been increasing significantly over the world owing to its time saving and easy to use features. Key manufacturers including Amorepacific Corporation, L’Oréal S.A., and Christian Dior SE have included this product in their product portfolio.<\/p>\n

Request a Sample Copy of the Global Makeup Base Market Research Report @ <\/strong>www.grandviewresearch.com\/industry-analysis\/makeup-base-market\/request\/rs1<\/strong><\/a><\/p>\n

As of 2018, Asia Pacific held the largest share of 30.5%. Australia, China, Hong Kong, India, Japan, Malaysia, Singapore, and South Korea are the prominent markets of this region. Increasing number of middle-class consumers has fueled the demand for luxury beauty products including makeup base in Asia Pacific.<\/p>\n

Major competitors in the industry for makeup base include L’Oréal S.A.; Shiseido Company; LVMH Moët Hennessy – Louis Vuitton SE; Coty Inc.; Estée Lauder Companies; Avon Products, Inc.; Amorepacific Corporation; Unilever; Chanel S.A; and Mary Kay Inc. Companies have been strategically expanding their business through activities such as mergers and acquisitions. For instance, in June 2017, Unilever acquired Hourglass, a luxury color cosmetics brand, in order to expand its product portfolio.<\/p>\n

\"U.S.<\/p>\n

Further key findings from the study suggest<\/span>:<\/strong> <\/p>\n