Colour cosmetics are poised to achieve moderate growth over the forecast period, with value leading volume expansion. The anticipated decrease in inflation rates to historical norms is expected to bolster higher growth in premium cosmetics compared to mass cosmetics.
Consumer interest in holistic wellbeing, encompassing emotional and mental health, presents opportunities for beauty and personal care brands to extend their presence into non-traditional spaces. For instance, Lush Cosmetics plans to expand its footprint in Canada, incorporating spa locations and services into its offerings.
Colour cosmetics sets/kits emerged as a driver of strong growth, fuelled by consumer spending during the holiday season for both gifting and self-indulgence purposes. Consumers gravitated towards Sets/Kits for their perceived value and as themed products for beauty regimes.
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Understand the latest market trends and future growth opportunities for the Colour Cosmetics industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Colour Cosmetics industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Colour Cosmetics
This is the aggregation of facial make-up, eye make-up, lip products, nail products and colour cosmetics sets/kits.
See All of Our DefinitionsThis report originates from Passport, our Colour Cosmetics research and analysis database.
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