Facial Makeup Market: Top Impacting Factors To Growth Of The Industry By 2017 - 2022
The global facial makeup market demonstrates a highly fragmented business structure, owing to the presence of a massive pool of regional and international vendors of facial makeup, states Transparency Market Research (TMR). The competition is projected to soar further as the leading vendors are increasingly concentrating on innovation in products to meet the ever-changing fashion trends and the subsequent changes in the demands of consumers. They have also turned to fashion shows and celebrity endorsements for the marketing of their products. Going forward, vendors are expected to add significantly to this market with continual product launches, mergers, acquisitions, strategic alliances, and price wars, reports the research study. Global Facial Makeup Market to Rise at 6.10% CAGR between 2017 and 2022 As per the estimations of TMR, the global facial makeup market is expected to offer an opportunity worth US$8.60 bn by 2017. The market is anticipated to rise furt...