The global foundation cream market is expected to register significant growth in the forecoming years. Major factors driving growth of the global foundation cream markets are, increasing demand for skin care products, rising purchasing power, and increasing per capita income across the globe.
The global foundation cream market report has been segmented on the basis of type, distribution channel, and region.
On the basis of type, the global foundation cream market has been segmented into concealer foundation cream, moisturizing foundation cream, and other including powder foundation cream, mineral foundation cream, etc.
On the basis of distribution channel, the global foundation cream market has been segmented into retail store and e-commerce. The retail store is further sub-segmented into department store, super market, hypermarket, and specialty store. The retail store is expected to register a significant growth over the forecast period, owing to ease of variability of foundation cream product.
On the basis of region, the global foundation cream markets segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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In 2018, North America foundation cream market is expected to account for major share in the global market in terms of revenue, and is expected to maintain its dominance over the forecast period, due to strong desire among men and women to retain youthful appearances in country in the region. However, Asia Pacific foundation cream market is projected to register highest CAGR in the next five years, due to rising disposable income of consumers in the region.
Key players operating in the global foundation cream market include L’Oréal S.A., The Estée Lauder Companies Inc., Procter & Gamble Co., Revlon, Inc., Shiseido Company, Limited, Chanel S.A., Lotus Herbals Limited, Neutrogena Corporation, Oriflame Holding AG, and Sephora USA, Inc.