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Diversity, online sales and organic ingredients will fuel growth in makeup.
October 27, 2022
By: Melissa Meisel
Big news for makeup marketers and formulators: the global color cosmetics market is slated to expand at a CAGR of more than 6% and be valued at over US$ 140 billion by 2031, according to new research from Fact.MR, a market research and competitive intelligence provider. Online sales channels are a primary factor influencing the global market. Cosmetics sales via e-commerce websites are anticipated to witness a surge owing to increased Internet usage and rising adoption of smartphones across r...
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