The global BB cushions market is expected to garner a market value of USD 3.61 Billion in 2022 and is forecast to flourish at a staggering 17% CAGR from 2022 to 2032. Eventually, the industry is projected to reach USD 17.35 Billion. Growth of the market can be credited to the increasing disposable income and the growing awareness about skin beauty among the expanding population.
Report Attribute | Details |
---|---|
Estimated Base Year Value (2021) | USD 3.16 Billion |
Expected Market Value (2022) | USD 3.61 Billion |
Anticipated Forecast Value (2032) | USD 17.35 Billion |
Projected Growth Rate (2022 to 2032) | 17% CAGR |
BB Cushions is a liquid make-up kept in a sponge housed in a compact with an applicator. It eases the application of BB Creams without getting the makeup smudged on hands. With the passage of time, there have been various innovations in BB Cushions, offering opportunities for expansion to the product. From air cushion to metal cushion, from tension pact to mocha cushions, there have been numerous innovations.
The BB Cushion comes with an easy-to-carry compact case that is portable and can easily fit in a small purse. The product has been gaining prominence among women due to the “no make-up look”. The BB cushion offers a seamless finish. The cushion applicator assists in the perfect touch-up sessions for your skin. It is also a preferred makeup product for makeup beginners.
The product offers customizable coverage and comes with a sponge applicator, therefore, one does not have to worry about the amount of makeup to be put on the face. The increasing desire to look good among the population and the changing lifestyle is projected to be significant causes driving the market in the coming time.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The increasing consciousness among the youth regarding their skin is anticipated to be a significant factor boosting the market during the forecast period. Further, the rising demand for organic and natural skin products is likely to present significant opportunities to the market in the forecast period. Moreover, the growing popularity of beauty products among men is anticipated to act as a significant factor augmenting the industry.
Rising disposable income of the middle-class has increased the market size significantly. It has also magnified the competition in the market. The rapid expansion of e-commerce, especially in developing countries such as India and China has provided a considerable boost to the market rise. Moreover, the increasing exposure to the internet, marketing through Instagram are other salient factors bolstering the industry in the coming period.
Lack of awareness among the rural population is expected to slow down the growth of the market during the forecast period. Further, the availability of the product can hamper the market expansion in the forecast period. For instance, the market faced a significant downfall during the COVID-19 lockdown. Globally imposed lockdown impacted the manufacturing and supply chain. However, the market is likely to regain its momentum during the forecast period.
Furthermore, people with sensitive skin avoid using makeup products that can hamper the market expansion in the forecast period. In some cases, they may even produce pimples, and bring a negative impact on the skin, thereby, reducing its demand. Further, it is not a guarantee that the product would be animal cruelty-free, which filters the vegan consumers, thereby, impeding the market expansion.
The analysis reveals that the growing aware population in the region is projected to play a significant role in expanding the market in APAC. The rapid expansion of e-commerce, penetration of the internet in developing nations of the region are predicted to be salient causes strengthening the industry in APAC. Further, the growing disposable income and the rising popularity of Korean products are likely to escalate the market in the coming time.
The presence of developing countries such as India, China, Thailand, and Bangladesh are the most significant participants of the market. The skincare market is on a constant expansion in the region owing to the growing consumer awareness and the increasing disposable income in developing countries.
The growing demand for anti-aging creams and the increasing desire to look young are the two major causes driving the market in Europe. Moreover, high disposable income and the presence of key players in the region can offer various opportunities of expansion to the market in the coming time.
In Europe, the UK and Germany are likely to make the most notable participation in augmenting the industry in Europe. The increasing demand for conventional and organic products is likely to widen the market scope during the forecast period. The affordability of the product in the region is another salient factor developing the European market during the forecast period.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Some of the eminent players of the global BB cushions market are Maybelline Inc., L’Oreal S.A., Missha, Christian Dior SE, Dr. Jart+, Lancome, Sulwhasoo, Erborian, Clinique Laboratries, IT Cosmetics, Amore and 3Lab among others.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 17% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Skin Type, Nature, Sales Channel, Region |
Regions Covered | North America; Latin America; Europe; South Asia; East Asia; Oceania; Middle East and Africa |
Key Countries Profiled | USA, Canada, Mexico, Brazil, Argentina, Chile, Peru, Germany, UK, France, Spain, Italy, Nordics, BENELUX,Australia & New Zealand, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, GCC, South Africa, Turkey, Iran, Israel |
Key Companies Profiled | L’Oreal S.A.; Missha; Christian Dior SE; Dr. Jart+; Lancome; Sulwhasoo; Erborian; Clinique Laboratories; IT Cosmetics; Amore; 3Lab |
Customization | Available Upon Request |
According to FMI, BB cushions sales are projected to expand at a CAGR of 17% until 2032
APAC is anticipated to be the most lucrative market owing to the presence of developing countries and the increasing disposable income.
Maybelline Inc., L’Oréal S.A and Christian Dior SE are some prominent BB cushions manufacturers profiled by FMI
1. Executive Summary 2. Market Overview 3. Market Background 4. Global BB Cushions Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global BB Cushions Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Skin Type 5.1. Dry Skin 5.2. Oily Skin 5.3. Combination Skin 5.4. Normal Skin 5.5. Laparoscopic Adnexal 6. Global BB Cushions Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Nature 6.1. Conventional 6.2. Organic 7. Global BB Cushions Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sales Channels 7.1. Indirect 7.2. Direct 7.3. Specialty Stores 7.4. Independent Stores 7.5. Online Stores 7.6. Hypermarket/Supermarket 8. Global BB Cushions Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. MEA 9. North America BB Cushions Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America BB Cushions Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Europe BB Cushions Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Asia Pacific BB Cushions Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. MEA BB Cushions Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Key Countries BB Cushions Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. L’Oreal S.A. 16.2. Missha 16.3. Christian Dior SE 16.4. Dr. Jart+ 16.5. Lancome 16.6. Sulwhasoo 16.7. Erborian 16.8. Clinique Laboratories 16.9. IT Cosmetics 16.10. Amore 16.11. 3Lab 17. Assumptions & Acronyms Used 18. Research Methodology
Explore Consumer Product Insights
View Reports