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Setting Spray Market Size

  • Report ID: GMI6287
  • Published Date: Jul 2023
  • Report Format: PDF

Setting Spray Market Size

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.

 

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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Setting spray market size was USD 873.5 million in 2022 and is estimated to record USD 1676.5 million by the end of 2032 due to the rising need to enhance the longevity of makeup looks, especially in hot and humid climates.

Matte setting spray industry size recorded USD 173.5 million in 2022 owing to its higher popularity among consumers with oily or combination skin.

Setting spray industry size from the professional application segment is anticipated to witness 5.2% CAGR from 2023-2032 due to increasing usage to provide exceptional makeup longevity in events, performances.

U.S. market for setting spray reached USD 142.7 million in 2022 and will expand at a significant pace from 2023-2032 driven by the growing beauty consciousness and makeup usage among consumers in the region.

Setting Spray Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 249
  • Countries covered: 21
  • Pages: 180
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