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Spain Color Cosmetics Market research report, 2028

Spain Color Cosmetics Market research report, 2028

Actual Market Research 30-04-2023 78 Pages Figures : 6 Tables : 38 Region : Europe Country : Italy Category : Consumer Goods & Services Beauty & Personal Care

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The Future of Color cosmetics market in Spain looks promising. The major drivers for this market are rise in consciousness about good looks, increase in disposable income of people and improved living standard. The beauty and personal care industry is the significant contributor of color cosmetics products in Spain. Within this industry, several product categories contribute to the sales of color cosmetics, including makeup, skincare, hair care, and fragrances. Spanish culture values traditional beauty and this is reflected in the use of classic makeup products such as red lipstick and black eyeliner. These timeless products are often used to create a sophisticated and elegant look, which is highly prized in Spanish culture. Furthermore, Spanish women are known for their expressive and captivating eyes, which are often highlighted through the use of eye makeup. Eye makeup products such as mascara, eyeliner, and eyeshadow are popular among Spanish women, who use them to enhance their natural beauty. Another cultural trend in Spain is the desire for a natural and sun-kissed look. This trend is reflected in the use of products such as bronzer and tinted moisturizers, which help to create a natural-looking glow and enhance the skin's appearance. According to the research report "Spain Color Cosmetic Market research report, 2028," published by Actual Market Research, the Spain Color Cosmetic Market is anticipated to add more than USD 0.55 Billion from 2023 to 2028. The fashion sector in Spain contributes significantly to the growth of the colour cosmetics business. Colour and style of makeup products are frequently influenced by fashion trends, and collaborations between fashion and beauty firms assist in encouraging the usage of colour cosmetics among consumers. Furthermore, the entertainment industry, which includes film, television, and music, contributes to the growth of the Spanish colour cosmetics market. Colour cosmetics are frequently used and promoted by celebrities and influencers, which can help improve their appeal among consumers. Furthermore, the hospitality industry, which includes hotels, resorts, and spas, contributes to the expansion of the colour cosmetics market in Spain. Many hotels and restaurants provide colour cosmetics as part of their amenities, which can raise consumer awareness and usage of these products. The market is segmented by eye product into eye liners/pencils, eye shadow, mascara, and other eye makeup products (false eyelashes, eye primer). The market is dominated by eyeliner and pencils. Eyeliner is a versatile product that can be used to achieve a variety of styles, ranging from delicate definition to bold and dramatic lines. It is a staple in many women's makeup regimes, making it a popular consumer option. Even for those who are new to makeup, eyeliner is a rather simple product to use. Because pencil eyeliners are user-friendly and simple to apply, they are a popular choice among consumers. The Spanish government, as a member state of the European Union, follows the regulations set by the EU for color cosmetics products. These regulations aim to ensure the safety, quality, and efficacy of cosmetic products, protect consumers from harm, and prevent misleading claims. All color cosmetics products sold in Spain must be registered with the European Union's Cosmetic Product Notification Portal (CPNP) before they can be placed on the market. Furthermore, The Spanish government regulates the use of cosmetic ingredients, including colorants, to ensure their safety. Manufacturers must provide safety data to demonstrate that their products are safe for use. All color cosmetics products sold in Spain must be labeled in accordance with EU regulations, which include mandatory labeling requirements for the product's ingredients, batch number, and manufacturer's contact details. Based on product type, the market is segmented into facial colour products, nail colour goods, hair colour products, lip products, and eye makeup products. Most of the market share is held by facial colour products. Furthermore, there are different sub-categories of facial colour products, such as loose foundation, face powder, concealers, blush, and other facial products (primer). The foundation category has the most market share in the country. Many ladies consider foundation to be a must-have item, and it is used to achieve a smooth and even complexion. SPF, which protects the skin from damaging UV radiation, is found in several foundations in Spain. This is particularly significant in a place where the sun shines for the majority of the year. In Spain, foundations come in a variety of compositions, including liquid, powder, cream, and mousse, as well as various hues and textures. This enables users to select a product that is appropriate for their skin type, tone, and preferences. Based on Eye product, the market is divided into Eye Liners/Pencils, Eye Shadow, Mascara, Other Eye Makeup Products (False Eyelashes, Eye Primer). Among them the Eye Liner/ Pencils dominates the market. During the anticipated period the mascara segment is expected to grow with highest CAGR in the market. Mascara is an essential part of any eye makeup routine as it helps to enhance the appearance of eyelashes and make the eyes look more attractive and expressive. Mascara is a relatively affordable product, and consumers can find high-quality mascara at a reasonable price. In addition Eye makeup has gained significant popularity in Spain over the past few years, and mascara is a crucial component of any eye makeup look. Based on the Lip product, the market is segmented into Lip Sticks, Lip gloss, Lip Liners/Pencils and Other Lip Products (lip primer, lip plumber). Among the Lip sticks holds the highest market share of the market in 2022. The Lip Liner is expected to grow with highest CAGR during the anticipated period. Lip liner helps to define the lips and create a precise outline, which helps to prevent the lipstick from bleeding or feathering outside the lip line. Furthermore, bold lip looks have gained popularity in Spain, and lip liner is an essential component of achieving this look. In addition, Lip liner is a long-lasting product that helps to extend the wear time of lipstick, and it can be used alone or in combination with lipstick to create a more intense and long-lasting color. Based on distribution channel, the market is segmented into speciality stores, brand outlets, online channel and convenience stores. Among them the majority of the market share is hold by speciality stores and during the anticipated period the online channel is expected to grow with highest CAGR. The COVID-19 pandemic has accelerated the growth of online shopping in Spain, as many consumers have turned to online channels due to store closures and social distancing measures. Spain has a high level of smartphone and internet penetration, and the use of technology is increasing, making it easier for consumers to shop online. Furthermore, online shopping offers convenience to consumers as they can shop from the comfort of their homes without having to travel to physical stores. Considered in this report • Geography: Spain • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Spain Color Cosmetics market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type • Facial Color Product • Nails Products • Hair Color Products • Lip Products • Eye Makeup Products • By Shampoo By Facial Color Products • Foundation • Loose Face Powder • Concealers • Blush • Other Facial Products (primer) By Nail Products • Nail Polish • Nail Removers • Nail Treatment/ Strengtheners • Other Nail Products (Base coat, Top coat, Nail art stickers) By Hair Color • Permanent • Temporary By Lip Product • Lip Sticks • Lip gloss • Lip Liners/Pencils • Other Lip Products (lip primer, lip plumber) By Eye Product • Eye Liners/Pencils • Eye Shadow • Mascara • Other Eye Makeup Products (False Eyelashes, Eye Primer) By Price Range • Mass • Premium By End User • Women • Men By Distribution Channel • Specialty Stores • Brand Outlets • Online Channel • Convenience Stores • Other Stores (salon) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Color Cosmetics industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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