Market Overview:
The global whitening foundation market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as an increase in awareness about skin care and whitening products, rising demand for natural and organic products, and growing inclination of consumers towards online shopping. Based on type, the liquid foundation segment is expected to account for the largest share of the global whitening foundation market in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period. The growth in this segment can be attributed to its easy application and long-lasting effect.
Product Definition:
A whitening foundation is a type of foundation that is designed to lighten the skin tone. It can be used to correct discolorations or unevenness in the skin tone, or it can be used to simply brighten the overall complexion. Whitening foundations are typically formulated with ingredients that help lighten and brighten the skin, such as vitamin C, hydroquinone, and arbutin.
Liquid Foundation:
Liquid foundation is a liquid make-up, which is applied to the skin. It has been used traditionally by women of all ages and ethnic groups. The product can be easily applied with a brush or sponges and then blended in order to obtain an even coating on the skin. Foundation comes in different forms such as liquids, creams, lotions, gels and pastes; it can also be mixed with other products such as moisturizers or sunscreen for added benefits.
Foundation Cream:
Foundation creams are usually light-weight moisturizers with high water content that help in making the skin look healthy and fresh. Foundation creams can be used as a daily moisturizer or for special occasions, depending upon consumer preference. Foundation cream is available in different forms such as liquid, gel, foam & mousse and lotion.
Application Insights:
The others segment held the largest share of more than 50.0% in 2017. The application includes beauty stores, pharmacies and hospitals, optical shops and parlors, clinics and medical centers, hotels/resorts etc. The other type of retail stores include flea markets or bazaars where people can buy different products from different categories under one roof which is a typical example for global whitening foundation market growth in developing countries like India or China due to low cost products availability as compared to western countries.
Supermarket & malls was the second-largest application segment with a share of 49.4% in 2017 owing to increasing penetration of this channel which caters majorly to emerging middle-class population who prefer shopping at these places due to affordable prices offered by them along with convenience provided by supermarkets for purchasing various goods including personal care items or food items etc.
Regional Analysis:
Europe was the largest market for whitening foundation, accounting for more than 35.0% share of global revenue in 2017. The presence of a large number of manufacturers and suppliers has led to an increased availability of various types of products in this region. In addition, high awareness regarding personal grooming among the consumers is driving product demand in this region.
Asia Pacific is expected to be one of the fastest-growing markets with a CAGR exceeding 6% from 2018 to 2030 owing to increasing consumer spending on beauty products and e-commerce shopping platforms in developing countries such as India and China. Moreover, growing penetration rates by international brands are anticipated to drive demand over the forecast period. For instance, Kiko Milano launched its first makeup line that includes three different types of foundations: liquid foundation SPF 15/PA+++, cream based foundation SPF 25/PA+++and powder based foundations SPF 35/PA+++++.
Growth Factors:
- Increasing awareness about the benefits of using whitening foundation among consumers.
- Rising demand for natural and organic whitening foundation products.
- Growing popularity of BB and CC creams that contain whitening properties.
- Innovation in product formulations by manufacturers to cater to specific needs of consumers, such as anti-aging, sun protection, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Whitening Foundation Market Research Report
By Type
Liquid Foundation, Foundation Cream, Others
By Application
Supermarket & Malls, Brand Store, E-commerce, Others
By Companies
Cle de Peau, Bobbi Brown, Maybelline, La Prairie, AMOREPACIFIC, YVES SAINT LAURENT, Dior, 3LAB, L'Oréal Paris, Lancome
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Whitening Foundation Market Report Segments:
The global Whitening Foundation market is segmented on the basis of:
Types
Liquid Foundation, Foundation Cream, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket & Malls, Brand Store, E-commerce, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cle de Peau
- Bobbi Brown
- Maybelline
- La Prairie
- AMOREPACIFIC
- YVES SAINT LAURENT
- Dior
- 3LAB
- L'Oréal Paris
- Lancome
Highlights of The Whitening Foundation Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid Foundation
- Foundation Cream
- Others
- By Application:
- Supermarket & Malls
- Brand Store
- E-commerce
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Whitening Foundation Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Whitening Foundation is a skin lightening cream that claims to help reduce the appearance of dark spots and blemishes. Whitening Foundation is available in a variety of formulations, including creams, gels, and lotions. Some users report that Whitening Foundation helps lighten their skin tone overall while others say it does not work as well as advertised.
Some of the key players operating in the whitening foundation market are Cle de Peau, Bobbi Brown, Maybelline, La Prairie, AMOREPACIFIC, YVES SAINT LAURENT, Dior, 3LAB, L'OrƒÂ©al Paris, Lancome.
The whitening foundation market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Whitening Foundation Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Whitening Foundation Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Whitening Foundation Market - Supply Chain
4.5. Global Whitening Foundation Market Forecast
4.5.1. Whitening Foundation Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Whitening Foundation Market Size (000 Units) and Y-o-Y Growth
4.5.3. Whitening Foundation Market Absolute $ Opportunity
5. Global Whitening Foundation Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Whitening Foundation Market Size and Volume Forecast by Type
5.3.1. Liquid Foundation
5.3.2. Foundation Cream
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Whitening Foundation Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Whitening Foundation Market Size and Volume Forecast by Application
6.3.1. Supermarket & Malls
6.3.2. Brand Store
6.3.3. E-commerce
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Whitening Foundation Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Whitening Foundation Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Whitening Foundation Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Whitening Foundation Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Whitening Foundation Demand Share Forecast, 2019-2026
9. North America Whitening Foundation Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Whitening Foundation Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Whitening Foundation Market Size and Volume Forecast by Application
9.4.1. Supermarket & Malls
9.4.2. Brand Store
9.4.3. E-commerce
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Whitening Foundation Market Size and Volume Forecast by Type
9.7.1. Liquid Foundation
9.7.2. Foundation Cream
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Whitening Foundation Demand Share Forecast, 2019-2026
10. Latin America Whitening Foundation Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Whitening Foundation Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Whitening Foundation Market Size and Volume Forecast by Application
10.4.1. Supermarket & Malls
10.4.2. Brand Store
10.4.3. E-commerce
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Whitening Foundation Market Size and Volume Forecast by Type
10.7.1. Liquid Foundation
10.7.2. Foundation Cream
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Whitening Foundation Demand Share Forecast, 2019-2026
11. Europe Whitening Foundation Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Whitening Foundation Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Whitening Foundation Market Size and Volume Forecast by Application
11.4.1. Supermarket & Malls
11.4.2. Brand Store
11.4.3. E-commerce
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Whitening Foundation Market Size and Volume Forecast by Type
11.7.1. Liquid Foundation
11.7.2. Foundation Cream
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Whitening Foundation Demand Share, 2019-2026
12. Asia Pacific Whitening Foundation Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Whitening Foundation Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Whitening Foundation Market Size and Volume Forecast by Application
12.4.1. Supermarket & Malls
12.4.2. Brand Store
12.4.3. E-commerce
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Whitening Foundation Market Size and Volume Forecast by Type
12.7.1. Liquid Foundation
12.7.2. Foundation Cream
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Whitening Foundation Demand Share, 2019-2026
13. Middle East & Africa Whitening Foundation Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Whitening Foundation Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Whitening Foundation Market Size and Volume Forecast by Application
13.4.1. Supermarket & Malls
13.4.2. Brand Store
13.4.3. E-commerce
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Whitening Foundation Market Size and Volume Forecast by Type
13.7.1. Liquid Foundation
13.7.2. Foundation Cream
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Whitening Foundation Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Whitening Foundation Market: Market Share Analysis
14.2. Whitening Foundation Distributors and Customers
14.3. Whitening Foundation Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cle de Peau
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bobbi Brown
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Maybelline
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. La Prairie
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AMOREPACIFIC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. YVES SAINT LAURENT
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dior
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. 3LAB
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. L'Oréal Paris
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Lancome
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook