Product Code: ETC331947 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Singapore Makeup Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 6.13% in 2025, the market peaks at 6.18% in 2026, and settles at 4.05% by 2029.
The Makeup market in Singapore is projected to grow at a growing growth rate of 5.97% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The makeup market in Singapore is a dynamic and ever-evolving industry. With a strong emphasis on beauty and skincare, Singapore consumers are increasingly exploring makeup products. International and local brands have a strong presence in this market, offering a wide range of cosmetics and skincare products. The market is characterized by trends such as clean and sustainable beauty, driving innovation in product formulations and packaging. Furthermore, the growth of e-commerce has made it easier for consumers to access a variety of makeup products. As beauty standards evolve, the Singapore makeup market is expected to continue growing.
The Singapore makeup market is thriving, primarily driven by shifting beauty trends, increased disposable income, and the influence of social media and celebrity endorsements. Consumers are experimenting with a wide range of makeup products, including cosmetics, skincare, and haircare, leading to a surge in demand. The market is also benefiting from the availability of innovative and high-quality makeup products, including organic and cruelty-free options. The desire for self-expression and the importance of grooming are further propelling the makeup industry in Singapore.
The Makeup market in Singapore faces challenges in terms of changing consumer preferences and the impact of the COVID-19 pandemic. With more people working from home and wearing masks, the demand for certain makeup products has decreased. Brands must adapt their marketing strategies and product offerings to align with evolving consumer needs.
The makeup market in Singapore was significantly affected by COVID-19, as social distancing measures and mask-wearing reduced the need for cosmetics. Consumers also became more conscious of hygiene, which impacted the usage of makeup products. The market saw a shift towards skincare and personal care products. As social activities and events return to normal, the makeup market is likely to regain momentum.
In the competitive Singapore makeup market, several leading players have established their presence. Companies like L`Or?al, Est?e Lauder, Shiseido, and Maybelline are among the frontrunners. These cosmetics giants offer a wide range of makeup products, including foundations, lipsticks, eyeshadows, and skincare-infused makeup. They consistently innovate, stay ahead in trends, and invest in marketing to maintain their dominance in the market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Makeup Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Makeup Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Makeup Market - Industry Life Cycle |
3.4 Singapore Makeup Market - Porter's Five Forces |
3.5 Singapore Makeup Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Singapore Makeup Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Singapore Makeup Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Singapore Makeup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Makeup Market Trends |
6 Singapore Makeup Market, By Types |
6.1 Singapore Makeup Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Singapore Makeup Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Singapore Makeup Market Revenues & Volume, By Powders, 2021-2031F |
6.1.4 Singapore Makeup Market Revenues & Volume, By Gels, 2021-2031F |
6.1.5 Singapore Makeup Market Revenues & Volume, By Lotions, 2021-2031F |
6.1.6 Singapore Makeup Market Revenues & Volume, By Others, 2021-2031F |
6.2 Singapore Makeup Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Makeup Market Revenues & Volume, By Lips, 2021-2031F |
6.2.3 Singapore Makeup Market Revenues & Volume, By Eyes, 2021-2031F |
6.2.4 Singapore Makeup Market Revenues & Volume, By Face, 2021-2031F |
6.2.5 Singapore Makeup Market Revenues & Volume, By Others, 2021-2031F |
6.3 Singapore Makeup Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Singapore Makeup Market Revenues & Volume, By Supermarkets/hypermarkets, 2021-2031F |
6.3.3 Singapore Makeup Market Revenues & Volume, By Exclusive Brand Stores, 2021-2031F |
6.3.4 Singapore Makeup Market Revenues & Volume, By Online/e-commerce Channels, 2021-2031F |
6.3.5 Singapore Makeup Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Makeup Market Import-Export Trade Statistics |
7.1 Singapore Makeup Market Export to Major Countries |
7.2 Singapore Makeup Market Imports from Major Countries |
8 Singapore Makeup Market Key Performance Indicators |
9 Singapore Makeup Market - Opportunity Assessment |
9.1 Singapore Makeup Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Singapore Makeup Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Singapore Makeup Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Singapore Makeup Market - Competitive Landscape |
10.1 Singapore Makeup Market Revenue Share, By Companies, 2024 |
10.2 Singapore Makeup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |