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Waterproof Makeup Market Size

  • Report ID: GMI11072
  • Published Date: Aug 2024
  • Report Format: PDF

Waterproof Makeup Market Size

Waterproof Makeup Market size was valued at USD 15.5 billion in 2023 and is anticipated to register a CAGR of 6.21% between 2024 and 2032, and it is expected to reach USD 26.6 billion by 2032. The market has grown significantly in recent years due to the rising demand for long-lasting and smudge-proof beauty solutions.

 

Consumers want makeup that can withstand humidity, rain, and sweat. The market now offers a variety of waterproof products, including foundations, mascaras, eyeliners, and lipsticks. Social media and beauty influencers have also boosted the popularity of waterproof makeup by featuring these products in tutorials and reviews, showing their effectiveness and durability.

 

Additionally, the trend towards active lifestyles and outdoor activities has increased the demand for waterproof makeup. Consumers need products that can last through workouts, swimming, or long workdays. Advances in formulation technology have allowed manufacturers to create waterproof makeup that stays in place and provides skin benefits like hydration and sun protection. According to the Personal Care Products Council, the market is expected to keep growing, with new products meeting the changing needs of beauty-conscious consumers. The Council reports that waterproof makeup sales have increased by 15% annually over the past three years.

 

One of the challenges in the market is the higher production costs. As developing waterproof makeup products requires special ingredients and advanced techniques, which increase production costs. As a result, these products are often priced higher, making them less accessible to a broader consumer base. According to the Personal Care Products Council (PCPC), the cost of specialized ingredients can raise production costs by up to 25%. Some waterproof makeup products contain ingredients that can irritate the skin or cause allergic reactions, especially with frequent use. This makes it challenging for manufacturers to create products that are both effective and gentle. The American Academy of Dermatology (AAD) reports that about 10% of consumers experience skin reactions to cosmetic products.

 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The waterproof makeup industry was estimated at USD 15.5 billion in 2023 and is likely to grow at over 6.21% CAGR through 2032, due to the rising demand for long-lasting and smudge-proof beauty solutions.

The face segment in the waterproof makeup market will exceed USD 10.1 billion by 2032 due to the increasing consumer demand for flawless, long-lasting coverage that can withstand various environmental challenges.

The U.S. market will exhibit a CAGR of 7.2% from 2024 to 2032 because of changing consumer preferences and lifestyles.

Anastasia Beverly Hills, LLC, Chanel S.A., Christian Dior SE, Huda Beauty Limited, Lancôme, and L'Oréal S.A., among others.

Waterproof Makeup Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 49
  • Countries covered: 20
  • Pages: 210
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