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.