The setting spray market size was $840.90 million in 2021 and is expected to reach $1.62 Billion by 2031, registering a CAGR of 6.9% from 2022 to 2031.
A setting spray is a light mist applied to the face after finishing the makeup procedure. It combines all the layers of foundation, concealer, blush, bronzer, and powder by melting them together and giving a perfect, smooth look. Its nourishing components, such as water, glycerin, fruit extracts, and light oils, give the makeup an even look and improve the complexion. The mixture of water and light oils gives a quick-drying look, while glycerin traps moisture on the face. The setting spray can be used before makeup and after makeup. There are many players in the setting spray market such as The Estée Lauder Companies, Faces Canada, MORPHE, Insight Cosmetics, Purplle, Daily Life Forever52, Swiss Beauty, SUGAR, ESME, Lakme, e.l.f., L'Oreal Paris, AS Beauty, and Clarins.
The setting spray market is expected to witness high growth owing to some of the reasons such as increasing digital marketing and growing popularity of e-commerce. A variety of options are being provided by the ongoing technological development to both small and large cosmetic firms, enabling them to raise customer awareness of their products. It is anticipated that the expanding practice of live-streaming the introduction of new products on platforms like Twitter, Instagram, YouTube, Pinterest, and others will increase consumer awareness of the products. Additionally, social influencers offer insight into products by weighing benefits and cons, hence boosting sales.
There are many products such as setting sprays on the market that can be utilized depending on the user's skin tone. The primary element driving rising demand for these products is that they are useful for a variety of purposes, including disguising or covering acne, dark circles, scars, or discoloration on the face or neck. Thus, rising awareness regarding personal grooming is fueling the setting spray market growth.
The North America setting spray market had a major share in 2021 and is projected to grow significantly during the forecast period. Due to its significant research and development capabilities and well-developed infrastructure, the area is expected to contribute the most money to the global market during the forecast period. Consumers in North America have registered an increasing average annual expenditure on cosmetics and personal care products over the years, which augments the growth of the market in the region. The region has a well-established and growing makeup industry with strong beauty and personal care brands, thus fueling product innovation in this category. Additionally, a shift in people's lifestyles has a positive impact on the growth of the setting spray market in North America.
However, due to a number of negative circumstances, the revenue growth of the global setting spray market is significantly constrained. According to studies, chronic medical conditions like cancer, liver fibrosis, and Alzheimer's disease are caused by prolonged exposure to substances like parabens, aluminum, and formaldehyde. These substances are also linked to skin diseases, respiratory issues, tumor growth, and hormonal disruption.
The setting spray market is segmented on the basis of application, end user, distribution channel, and region. As per application, the market is classified into before makeup and after makeup. According to end user, the market is bifurcated into commercial and residential. Based on distribution channel, the market is classified into online and offline. Further, offline segment is classified into supermarkets and hypermarkets, retail store, and others. Region wise, it is analyzed across North America (U.S., Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Switzerland, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Indonesia, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, UAE, South Africa, and Rest of LAMEA).
The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the setting spray market include The Estée Lauder Companies, Faces Canada, MORPHE, Insight Cosmetics, Purplle, Daily Life Forever52, Swiss Beauty, SUGAR, ESME, Lakme, e.l.f., L'Oreal Paris, AS Beauty, and Clarins.
A setting spray is a light mist applied to the face after finishing the makeup procedure. It combines all the layers of foundation, concealer, blush, bronzer, and powder by melting them together and giving a perfect, smooth look. Its nourishing components, such as water, glycerin, fruit extracts, and light oils, give the makeup an even look and improve the complexion. The mixture of water and light oils gives a quick-drying look, while glycerin traps moisture on the face. The setting spray can be used before makeup and after makeup. There are many players in the setting spray market such as The Estée Lauder Companies, Faces Canada, MORPHE, Insight Cosmetics, Purplle, Daily Life Forever52, Swiss Beauty, SUGAR, ESME, Lakme, e.l.f., L'Oreal Paris, AS Beauty, and Clarins.
The setting spray market is expected to witness high growth owing to some of the reasons such as increasing digital marketing and growing popularity of e-commerce. A variety of options are being provided by the ongoing technological development to both small and large cosmetic firms, enabling them to raise customer awareness of their products. It is anticipated that the expanding practice of live-streaming the introduction of new products on platforms like Twitter, Instagram, YouTube, Pinterest, and others will increase consumer awareness of the products. Additionally, social influencers offer insight into products by weighing benefits and cons, hence boosting sales.
There are many products such as setting sprays on the market that can be utilized depending on the user's skin tone. The primary element driving rising demand for these products is that they are useful for a variety of purposes, including disguising or covering acne, dark circles, scars, or discoloration on the face or neck. Thus, rising awareness regarding personal grooming is fueling the setting spray market growth.
The North America setting spray market had a major share in 2021 and is projected to grow significantly during the forecast period. Due to its significant research and development capabilities and well-developed infrastructure, the area is expected to contribute the most money to the global market during the forecast period. Consumers in North America have registered an increasing average annual expenditure on cosmetics and personal care products over the years, which augments the growth of the market in the region. The region has a well-established and growing makeup industry with strong beauty and personal care brands, thus fueling product innovation in this category. Additionally, a shift in people's lifestyles has a positive impact on the growth of the setting spray market in North America.
However, due to a number of negative circumstances, the revenue growth of the global setting spray market is significantly constrained. According to studies, chronic medical conditions like cancer, liver fibrosis, and Alzheimer's disease are caused by prolonged exposure to substances like parabens, aluminum, and formaldehyde. These substances are also linked to skin diseases, respiratory issues, tumor growth, and hormonal disruption.
The setting spray market is segmented on the basis of application, end user, distribution channel, and region. As per application, the market is classified into before makeup and after makeup. According to end user, the market is bifurcated into commercial and residential. Based on distribution channel, the market is classified into online and offline. Further, offline segment is classified into supermarkets and hypermarkets, retail store, and others. Region wise, it is analyzed across North America (U.S., Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Switzerland, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Indonesia, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, Saudi Arabia, UAE, South Africa, and Rest of LAMEA).
The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the setting spray market include The Estée Lauder Companies, Faces Canada, MORPHE, Insight Cosmetics, Purplle, Daily Life Forever52, Swiss Beauty, SUGAR, ESME, Lakme, e.l.f., L'Oreal Paris, AS Beauty, and Clarins.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the setting spray market analysis from 2021 to 2031 to identify the prevailing setting spray market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the setting spray market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global setting spray market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
- Before Makeup
- After Makeup
By End User
- Commercial
- Residential
By Distribution Channel
- Online
- Offline
- Offline Sub Type
- Supermarkets and Hypermarkets
- Retail Stores
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Switzerland
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Thailand
- Indonesia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- Saudi Arabia
- UAE
- South Africa
- Rest of LAMEA
Key Market Players
- Morphe Brushes
- Insight Cosmetics
- Groupe Clarins
- e.l.f. Cosmetics, Inc.
- L'Oreal Paris
- Purplle
- AS Beauty
- Estee Lauder Companies Inc.
- Esme
- Faces Canada
- Daily Life Forever52
- Lakme Cosmetics
- Swiss Beauty
- Beauty Icons AB
- Sugar Cosmetics
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: SETTING SPRAY MARKET, BY APPLICATION
CHAPTER 5: SETTING SPRAY MARKET, BY END USER
CHAPTER 6: SETTING SPRAY MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 7: SETTING SPRAY MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- Morphe Brushes
- Insight Cosmetics
- Groupe Clarins
- e.l.f. Cosmetics, Inc.
- L'Oreal Paris
- Purplle
- AS Beauty
- Estee Lauder Companies Inc.
- Esme
- Faces Canada
- Daily Life Forever52
- Lakme Cosmetics
- Swiss Beauty
- Beauty Icons AB
- Sugar Cosmetics
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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