The color cosmetics market in Nigeria is projected to rise by USD 247.7 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 18 percent during the forecast period. Nigeria’s color cosmetics market is driven by a young, beauty-conscious population and a rapidly expanding middle class. Social media and online beauty tutorials are significantly influencing consumer behavior, with international and local brands gaining popularity. Urbanization is further contributing to market expansion.
This report presents a detailed overview of the Nigeria color cosmetics industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like product type, price range, packaging type, and distribution channel. This detailed analysis supports the identification of growth opportunities within the color cosmetics industry.
Market Segmentation
The color cosmetics market in Nigeria is structured as follows:
Product type: eye makeup (eyeliners & eye pencils, eye shadows, mascaras, others), face makeup (blushers, bronzers & highlighters, BB & CC creams, foundations & concealers, powders, others), lip makeup (lip gloss, lip liners & pencils, lipsticks, others), nail products (nail care products, nail polish, polish removers, others), others
Price range: mass, premium
Packaging type: flexible packaging, folding cartons, glass bottles, metal aerosol cans, rigid plastic
Distribution channel: supermarkets and hypermarkets, small grocery stores, department stores, health and beauty stores, direct selling, e-commerce, others
The Nigeria color cosmetics market is segmented on the basis of product type, price range, packaging type, and distribution channel. Based on product type, the color cosmetics market in Nigeria is categorized into eye makeup (eyeliners & eye pencils, eye shadows, mascaras, others), face makeup (blushers, bronzers & highlighters, BB & CC creams, foundations & concealers, powders, others), lip makeup (lip gloss, lip liners & pencils, lipsticks, others), nail products (nail care products, nail polish, polish removers, others), and others. On the basis of price range, the color cosmetics market in Nigeria has been segmented into mass, and premium. By packaging type, the color cosmetics market in Nigeria has been segmented into flexible packaging, folding cartons, glass bottles, metal aerosol cans, and rigid plastic. Based upon distribution channel, the color cosmetics market in Nigeria is also categorized into supermarkets and hypermarkets, small grocery stores, department stores, health and beauty stores, direct selling, e-commerce, and others.
Competitive Landscape
The Nigeria color cosmetics market is highly competitive. The leading players in the color cosmetics market include Zikel Solutions Investment Ltd., Zaron International Ltd., The Estee Lauder Companies Inc., Sleek International Ltd, Revlon Inc., Oriflame Cosmetics S.A., New Milani Group LLC, Natura & Co, MUD Cosmetics Nigeria, Mary Kay Inc., L’Oreal S.A., Kuddy Cosmetics International Ltd., Jordana Cosmetics Corp., Impala Inc., House of Tara International Lekki, Grey De Kouroun Nigeria Ltd., Glam’s Cosmetics SRL, Forever Living Products International Inc., Coty Inc., Black Up Cosmetics Inc., BioCosmetic Research Labs, Altona Cosmetics Technology Inc.
This report provides a thorough assessment of the Nigeria color cosmetics market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Nigeria color cosmetics market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Nigeria color cosmetics market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Nigeria color cosmetics market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewNigeria color cosmetics market – product type analysis
Nigeria color cosmetics market – price range analysis
Nigeria color cosmetics market – packaging type analysis
Nigeria color cosmetics market – distribution channel analysis
Key players and market share
– Zikel Solutions Investment Ltd.
– Zaron International Ltd.
– The Estee Lauder Companies Inc.
– Sleek International Ltd
– Revlon, Inc.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Nigeria color cosmetics market 2019-2029
Chart Nigeria color cosmetics market, net growth, 2019-2029
Chart Nigeria color cosmetics market, growth rates, 2019-2029
Table Nigeria color cosmetics market by product type, 2019-2029
Chart Nigeria color cosmetics market by product type, CAGR historic and forecast, 2019-2029
Chart Nigeria color cosmetics market by product type, 2019-2029
Table Nigeria color cosmetics market by price range, 2019-2029
Chart Nigeria color cosmetics market by price range, CAGR historic and forecast, 2019-2029
Chart Nigeria color cosmetics market by price range, 2019-2029
Table Nigeria color cosmetics market by packaging type, 2019-2029
Chart Nigeria color cosmetics market by packaging type, CAGR historic and forecast, 2019-2029
Chart Nigeria color cosmetics market by packaging type, 2019-2029
Table Nigeria color cosmetics market by distribution channel, 2019-2029
Chart Nigeria color cosmetics market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Nigeria color cosmetics market by distribution channel, 2019-2029
Table Nigeria color cosmetics market share (%), by companies, 2019-2023
Chart Nigeria color cosmetics market, by companies, 2023
Table Nigeria color cosmetics market share (%), by brands, 2019-2023
Chart Nigeria color cosmetics market, by brands, 2023
Table Nigeria – population (millions) and forecast
Table Nigeria – consumer price index (CPI) and forecast
Table Nigeria – gross domestic product and forecast
Table Nigeria color cosmetics market: spend as a proportion of GDP (%)
Table Nigeria color cosmetics market: consumption per capita (population)