Global BB Cream Market By Overview
BB cream market is projected to grow from USD 2.4 Billion in 2020 to reach USD 10.0 Billion by 2029, at a CAGR of 17.2%.
BB cream is an all-in-one facial cosmetic product that stands for beauty balm, blemish base, beblesh balm, and blemish balm. It is a foundation, moisturizer, and sunblock skincare product. BB cream is used to treat or cover acne, sun spots, and age spots.
BB cream is a multi-functional cream that provides a good base for makeup, and gives a sun protection factor with promising smooth, and natural-looking skin coverage is a major factor driving the growth of the BB cream market. In addition, growing awareness regarding better physical appearance among individuals is a factor propelling the growth of the target market. Furthermore, increasing adoption of BB cream across the globe owing to its excellent properties such as anti-wrinkle and anti-inflammatory is also another factor expected to fuel the growth of the BB cream market over the forecast period. However, the rising demand for organic and natural skin care products is a factor restraining the growth of the target market.
BB cream market has been segmented on the basis of product, application, distribution channel, and region. On the basis of product, the target market is categorized into air cushion and bottled. On the basis of application, the global BB cream is bifurcated into oily skin, dry skin, and combination skin. On the basis of distribution channels, the target market has been classified into departmental/grocery stores, multi-branded retail stores, online channels, supermarkets/hypermarkets, and exclusive retail stores.
On the basis of region, the BB cream market has been segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The market in Asia Pacific is expected to account for a major revenue share as compared to that of other regions. This can be attributed to the growing inclination of individuals towards better appearance in the countries of the region. Also, the market in the Middle East is expected to account for the second-highest revenue share in the global market, followed by the market in Africa.
Global BB Cream Market By Competitive Landscape & Key Players
Key players operating in the BB cream market includes Maybelline Inc., Innisfree Corporation, L’Oreal S.A, Kiehl's Since 1851 LLC, Christian Dior SE, Anna Sui Corporation, Shu Uemura Cosmetics, Inc., Clinique Laboratories, LLC, Estée Lauder Companies Inc., Lancôme Parfums & Beauté & Cie S.A, Shiseido Company, Limited, Able C&C Co., Ltd, Revlon, Inc., Coty Inc., and Avon Products, Inc.
FAQs
The market report has been segmented on the basis of product, application, distribution channel, and region.
The BB Cream Market is driven by factors such as the growing demand for multifunctional beauty products, increasing awareness of skincare, anti-aging, and sun protection benefits, and the preference for lightweight and natural-looking makeup.
The saturation of the beauty market, formulation complexities, individual skin sensitivity concerns, and competition with other skincare and makeup products, acting as potential restraints for the BB Cream Market globally.
North America, Europe, Asia-Pacific, and Latin America. Asia-Pacific, particularly South Korea and Japan, is expected to dominate the BB Cream Market due to its origin in the region, strong beauty and skincare culture, and innovation in cosmetic products. North America and Europe are also significant markets with a high consumer base for beauty and skincare products.
The prominent player operating in the global BB cream market includes Maybelline Inc., Innisfree Corporation, L’Oreal S.A, Kiehl's Since 1851 LLC, Christian Dior SE, Anna Sui Corporation, Shu Uemura Cosmetics, Inc., Clinique Laboratories, LLC, Estée Lauder Companies Inc., Lancôme Parfums & Beauté & Cie S.A, Shiseido Company, Limited, Able C&C Co., Ltd, Revlon, Inc., Coty Inc., and Avon Products, Inc.