Setting Powder & Face Powder Market to Grow with a CAGR of 5.9% Globally through to 2029

Rising disposable incomes, increasing awareness of personal grooming are factors driving the global setting powder & face powder market in the forecast period 2024-2029.

According to TechSci Research report, “Global Setting Powder & Face Powder Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Setting Powder & Face Powder Market stood at USD 12.7 billion in 2023 and is anticipated to grow with a CAGR of 5.9% in the forecast period, 2024-2029. Increasing consciousness about skin-care, beauty regimens, and personal grooming, along with various innovations and technological advancements in manufacturing of cosmetic products and social media advertisements and promotions are major factors driving market revenue growth.

The Setting Powder and Face Powder Market have emerged as dynamic segments within the broader beauty and cosmetics industry, playing a pivotal role in the makeup routines of millions worldwide. This market has witnessed substantial growth driven by shifting consumer preferences, technological advancements, and a broader societal emphasis on skincare and beauty.

Browse over 26 market data Figures spread through 185 Pages and an in-depth TOC on "Global Setting Powder& Face Powder Market”

The global Setting Powder and Face Powder Market have experienced significant expansion in recent years, fueled by a burgeoning beauty and cosmetics industry. The market encompasses a diverse array of products designed to enhance the longevity and aesthetic appeal of makeup applications. Setting powders and face powders, once considered staples in professional makeup artist kits, have now become integral components of consumers' daily beauty routines.

The market's growth can be attributed to several key factors, including the increasing influence of social media, the rise of clean and sustainable beauty trends, and a growing emphasis on inclusivity in product offerings. As consumer awareness of skincare benefits associated with makeup products rises, the Setting Powder and Face Powder Market has responded with innovative formulations that bridge the gap between cosmetics and skincare.

Consumer preferences play a pivotal role in shaping the dynamics of the Setting Powder and Face Powder Market. The ongoing trend towards natural and clean beauty has led to a surge in demand for products free from harmful chemicals, parabens, and cruelty-free. In addition, consumers are gravitating towards inclusivity, expecting a broad range of shades that cater to diverse skin tones. The rise of social media has also significantly influenced consumer choices, with beauty influencers and makeup artists showcasing the latest products and application techniques. As a result, consumers are more informed and experimental, contributing to the market's dynamism. Technological innovations have played a crucial role in the evolution of the Setting Powder and Face Powder Market. From advancements in formulation techniques to the integration of skincare ingredients, manufacturers are leveraging technology to create products that not only enhance the cosmetic appearance but also provide additional skincare benefits.

Virtual try-on tools and augmented reality applications have become prevalent, allowing consumers to virtually test products before making a purchase. This tech-driven approach enhances the online shopping experience, particularly in an era where e-commerce dominates the retail landscape.

The Global Setting Powder & Face Powder Market is segmented into type, application, distribution channel, regional distribution, and company.

Based on type, the market is segmented into loose powder, pressed powder, and translucent powder. Pressed powder is the most popular type of setting powder, accounting for 60% of the market share. This is because pressed powders are more convenient to use than loose powders and they provide a more even and polished finish.

Based on region, The market with the largest revenue share in 2023 was the North American market. The main reasons propelling market revenue development include rising disposable income, growing consumer application of makeup, and growing awareness of personal grooming and personal care.

Major companies operating in Global Setting Powder & Face Powder Market are:

• Estée Lauder Companies Inc.
• Make-Up Art Cosmetics (MAC Cosmetics)
• Bobbi Brown Professional Cosmetics, Inc.
• Shiseido Company, Limited
• Maybelline New York
• Tom Ford
• Avon Products, Inc.
• Sephora USA, Inc.
• L’Oréal
• Nars Cosmetics

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“The Setting Powder and Face Powder market has witnessed robust growth in recent years, driven by evolving beauty standards and a surge in consumer awareness regarding skincare. As cosmetic enthusiasts increasingly prioritize long-lasting makeup and flawless finishes, the demand for high-quality setting powders has surged. Key players in the industry have responded with innovative formulations catering to diverse skin tones and types. Additionally, the market has expanded its reach through e-commerce platforms, offering a convenient avenue for consumers to explore and purchase products. With a growing emphasis on natural and organic ingredients, the Setting Powder and Face Powder market is poised for sustained expansion, reflecting a dynamic intersection of beauty trends and consumer preferences.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Setting Powder & Face Powder Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Loose Powder, Pressed Powder, Translucent Powder), By Application (Setting Powder, Finishing Powder, And Mattifying Powder), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online, Others), By Region, By Competition, 2019-2029”, has evaluated the future growth potential of Global Setting Powder & Face Powder Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Setting Powder & Face Powder Market.

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