Globally, the Loose Powder Market is expected to expand at a significant CAGR over the next few years due to its growing scope and applications. Key factors such as increasing knowledge about makeup and benefits of loose powder, growing demand for organic and vegan loose powder products, and rising social media promotions and advertisements are expected to boost global market revenue growth during the forecast period.
A loose powder is one of the best types of face powders used for setting the makeup in place and preventing it from creasing. It is either applied after foundation or concealer to create a smooth and shining-free finish with high coverage. Loose powders are widely used in salons and beauty parlors, weddings and beauty events, and for everyday makeup. In addition, many manufacturers are focused on developing natural, chemical-free, talc-free, and vegan loose powder products. For instance, Cheekbone Beauty announced the launch of sustainable cosmetic powder, ideal for all skin tones which comes in a high with reusable and refillable tin.
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Factors such as rising disposable income, increasing availability of a wide range of loose powder by different brands in online as well as offline stores, and rising investments in developing innovative and novel loose powder formulas are expected to drive global market growth going ahead.
However, rising concerns about skin problems and allergies due presence of certain preservatives and ingredients, lack of knowledge about exact function of the product, and lack of stringent laws and regulations in the manufacturing and sales of loose powders are expected to hamper overall market growth going ahead.
Pressed Type Segment to Account for Largest Revenue Share:
The pressed type segment is expected to account largest revenue share between 2022 and 2028 owing to rapid advancements in pressed type loose powder, rising problems of dry and oily skin, textual imperfections such as scars, bumpiness, visible pores, and roughness and increasing availability of pressed type loose powder on online and offline stores.
For Dark Skin Tones Women Segment To Register Steady Revenue CAGR:
The dark skin tones women segment is expected to register steady revenue CAGR over the forecast period owing to rising awareness about personal grooming and high usage of loose powder to even out skin tone and set makeup among dark skin tone women.
North America to Lead In Terms of Revenue Share:
North America is expected to account for largest revenue share during the forecast period owing to high disposable income, rising knowledge about personal care and grooming, growing trend of sharing beauty-related information on social media platforms, and increasing investments in developing eco-friendly cosmetic packaging.
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Loose Powder Market By Company:
Shiseido (NARS Cosmetics)
Chanel International B.V
La Prairie AG
Loose Powder Industry Recent Developments:
In July 2020, Kay Beauty announced the launch of loose powder range compromising HD setting, translucent & illuminating powder products. The HD setting loose powder is globally available in eight shades suitable for all Indian skin tones.
In April 2022, Ami Colé has recently launched a new loose powder that comes in three shades-rich/deep, deep/medium and translucent and is a talc free, blendable setting powder with full coverage.
In April 2022, RENEE Cosmetics announced the expansion of face base range including compact, concealer, loose powder among others for Indian skin type. The loose powder is available in four shades on many online and offline platforms.
The global loose powder market has been segmented based on type, application, and region:
Loose Powder Market Segment by Type:
Loose Powder Market Segment by Application:
For Dark Skin Tones Women
For White Skin Tones Women
Loose Powder Market Segment by Region:
North America (USA, Canada)
Europe (Germany, France, UK, Italy, Russia)
Asia Pacific (China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam)
Latin America (Brazil, Argentina)
Middle East & Africa (Turkey, Saudi Arabia, U.A.E)
Key Reasons to Purchase:
Analyze and forecast market size of global loose powder market by value and volume
Estimate market size, share, revenue CAGR
Analyze and study micro markets in terms of contributions to loose powder market, their individual growth trends and prospects
Precise insights of useful details about factors driving and affecting growth of loose powder
Comprehensive overview and profiles of key players including business strategies such as research and development investments, collaborations, partnerships, mergers and acquisitions, product launches and joint ventures
Key Questions Addressed:
What revenue CAGR is the global market expected to register during the forecast period?
Which key players are leading in the global loose powder market?
What is the expected market size of the global loose powder market between 2023 and 2028?
What factors are expected to open new growth avenues and opportunities for existing and emerging market players?
What are some of the key challenges that the global market is expected to face during the forecast period?
Which region is expected to account for largest revenue share over the forecast period?
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