Home > Consumer Goods & Services > Personal Care > Fragrances and Perfumes > Setting Spray Market
Setting Spray Market size was valued at around USD 873.5 million in 2022 and is anticipated to grow at a CAGR of 6.7% between 2023 and 2032. Setting sprays are designed to prolong the wear of makeup and help it stay in place for an extended period. Consumers seek setting sprays to enhance the longevity of their makeup looks, especially in hot and humid climates. Makeup trends and influencer-driven content on social media platforms have fueled the demand for setting sprays. Consumers often follow the latest makeup trends, and setting sprays play a vital role in achieving the desired look.
Setting sprays offer a convenient and easy application process. Consumers appreciate the simplicity of using a setting spray to lock in their makeup without the need for additional touch-ups.
Report Attribute | Details |
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Base Year: | 2022 |
Setting Spray Market Size in 2022: | USD 873.5 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 6.7% |
2032 Value Projection: | USD 1.67 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 180 |
Tables, Charts & Figures: | 249 |
Segments covered: | Type, Skin Type, Application, Distribution Channel, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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The setting spray market has become increasingly saturated with a wide range of products available from various brands. Intense competition can make it challenging for new entrants to gain market share and for existing brands to maintain their positions. Consumers may be price-sensitive when it comes to setting sprays, especially when there are numerous affordable options available. Balancing product quality and pricing can be a challenge for manufacturers. Some consumers may have sensitive skin or allergies to certain ingredients commonly used in setting sprays. Addressing skin sensitivity concerns and offering hypoallergenic options can be important for brands. Thus, the risks associated with setting spray may drive down the acceptance rate, further hampering the business growth.
The global pandemic led to lockdowns, social distancing measures, and reduced social gatherings, which resulted in a decline in the use of makeup products, including setting sprays. Many consumers shifted to remote work and limited their use of makeup for daily activities, leading to lower demand for setting sprays. The closure of non-essential retail outlets, including beauty stores and cosmetic counters, during lockdowns and restrictions, limited consumers' access to setting sprays. This resulted in a decrease in impulse purchases and affected overall sales. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is anticipated to drive the setting spray industry growth in the upcoming years.
The trend of long-lasting makeup looks has driven the popularity of setting sprays. Consumers are seeking products that can keep their makeup in place for extended periods, even in challenging conditions like heat and humidity. Setting sprays that offer multiple benefits, such as hydration, oil control, and sun protection (SPF), have gained popularity. Multi-functional setting sprays appeal to consumers looking for efficient and time-saving beauty products. Consumers are increasingly seeking ethical and sustainable beauty products. Setting spray brands that offer vegan and cruelty-free formulations have seen increased demand from conscious consumers. Thus, the growing prevalence of chronic and blood-related disorders is expected to expedite the setting spray industry share.
Based on product, the setting spray market is segmented as matte setting spray, dewy setting spray, oil-control setting spray, hydrating setting spray, long-lasting setting spray, illuminating setting spray, others. Matte held a majority market value of USD 173.5 million in 2022. Matte setting sprays are popular among consumers with oily or combination skin, as they help control excess oil and shine throughout the day. Matte setting sprays enhance makeup longevity by preventing the appearance of a shiny or greasy complexion. Moreover, an increasing usage will further accelerate the segmental growth.
Based on skin type, the setting spray market is segmented as normal skin, oily skin, dry skin, combination skin. Normal skin held a dominant market share of around 40% in 2022 and is expected to grow at a lucrative pace by 2032. Consumers with normal skin may have the flexibility to use various types of setting sprays, depending on their preferences and the occasion. Setting sprays that offer a balanced effect on the skin are appreciated by individuals with normal skin, maintaining their skin's natural equilibrium.
Based on application, the setting spray market is segmented as personal and professional. Professional use held a dominant market share in 2022 and is anticipated to grow at 5.2% CAGR through 2032. Setting sprays that provide exceptional makeup longevity are crucial for professional use, especially in events, performances, and long-lasting makeup looks. Makeup artists aim to deliver makeup that lasts for hours without the need for frequent touch-ups, ensuring client satisfaction. Thus, the high-quality services and growing number of Setting spray are anticipated to expedite the business expansion.
Based on distribution channel, the setting spray market is segmented as online retailing, specialty beauty stores, drugstores and pharmacies, departmental stores, others. Online retail held the dominant market in 2022 and is anticipated to grow through the years. Online retail and e-commerce platforms enable setting spray brands to reach a vast and diverse consumer base worldwide, expanding market access. Consumers can easily browse and purchase setting sprays online, with doorstep delivery options available, providing a hassle-free shopping experience.
U.S. dominated the North American region with majority market share and a revenue of USD 142.7 million in 2022 and is anticipated to expand at a significant pace from 2023-2032. The growing beauty consciousness and makeup usage among consumers in North America have driven the demand for setting sprays. Consumers are more focused on achieving long-lasting makeup looks, contributing to the popularity of setting sprays. The continuous growth of the beauty industry in North America has contributed to the increased demand for makeup products, including setting sprays. The expanding makeup market provides opportunities for setting spray manufacturers.
Some of the major players operating in the setting spray market are
These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Mac and Allure have launched it setting spray in 2022 which is one of the best products from the company’s portfolio.
Setting spray market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:
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By Type
By Skin type
By Application
By Distribution Channel
The above information is provided for the following regions and countries: