The Global Setting Spray Market size is expected to reach $1.2 billion by 2028, rising at a market growth of 6.4% CAGR during the forecast period.
A setting spray is a fine mist applied to the face before or after applying makeup. It melts together all the layers of concealer, blush, bronzer, foundation, and powder to create a flawless, uniform appearance. Its nourishing ingredients, which include glycerin, fruit extracts, water, and light oils, provide the makeup an even appearance and enhance the complexion. In addition, the combination of light oils and water imparts a quick-drying appearance, while glycerin locks in the face's moisture.
The most common ingredients found in a setting spray are fixing ingredients and hydrating ingredients. Polymers are fixing chemicals that help makeup remain longer. They form a film over the makeup that helps to make it more sweatproof and waterproof and retains it in place. Occlusives, humectants, and emollients are three hydrating chemicals that aid the skin's ability to retain moisture. Typically, these substances are beneficial for dry skin.
In addition, these moisturizing or hydrating ingredients help balance the dryness aspect in a product that contains a lot of SD or denatured alcohol. By retaining moisture, humectants stop moisture loss. Natural sources can be preferable to synthetic ones because while some synthetic humectants are beneficial in the short term, they can eventually cause the deeper layers of the skin to dry out. Occlusives are compounds that keep water in place and slow evaporation.
Some common occlusives used in the setting sprays are cocoa butter, dimethicone, and beeswax. Emollients are compounds that penetrate the skin to preserve its suppleness and softness. Alcohol benzoates, ceramides, the triglyceride capric/caprylic, fatty alcohols (Cetearyl alcohol), fatty esters (cetyl ricinoleate, isostearyl palmitate), plant oils (rose hip, olive, and coconut, avocado), squalane and squalene are some of the most common emollients used in these products.
The worldwide cosmetics business is anticipated to rebound in the years to come, notwithstanding the negative effects of the pandemic. Manufacturers have increased research & development efforts to uncover new herbal and organic ingredients that can appeal to customers as consumer preferences shift to therapeutic and organic formulations as organic products become more well-known. In order to increase their presence, players are also concentrating on bolstering their online and offline distribution. Therefore, although the pandemic had a negative impact on the setting spray market, it is bound to expand in the coming years.
SPF is incorporated into all-day setting sprays to offer sun protection. This reduces the risk of exposure to harmful sun rays without using a separate sunscreen. These sprays can also be used to enhance the effects and stay of lipsticks. A setting spray is an inventive technique to make eyeshadow adhere to the eyelids. As a result of its versatility, many individuals have made setting sprays a necessary part of their makeup vanity. Therefore, the numerous advantages and applications of the product have increased its demand, which in turn is fuelling the market's growth.
Many high-income consumers prefer natural or organic cosmetic goods, including organic setting sprays, to better their skin health because cosmetics fall into the category of expensive non-essential products. Also, people are investing a lot of money in organic skin products in order to achieve their ideal skin condition, which is flawless and clear skin. Additionally, the changing climate and increasing pollution have also necessitated using a strong makeup setting spray, which tends to be a little costlier. Therefore, the rise in people's income has a positive impact on the market, propelling the demand for setting spray further.
The desire for highly efficient setting sprays may also be hampered by their higher price. Unfortunately, this aspect also created inexpensive, unsafe-to-use counterfeit products with inferior ingredients. The major barriers are the increased consumer awareness of the possible hazards of cosmetic ingredients such as parabens, formaldehyde, lead, aluminum, and triclosan. The common negative effects of makeup include clogged pores, oily or dry skin, breakouts/acne, early aging, skin color changes, eye infections, allergic reactions, and skin cancer. Thus, these issues are impeding the market expansion for setting spray.
Based on application, the setting spray market is categorized into before makeup and after makeup. The after makeup segment garnered the highest revenue share in the setting spray market in 2021. Due to the many advantages setting spray has for makeup, the demand for it in this market is rising. Setting sprays can reduce the need for afternoon touch-ups as it increases the longevity of makeup. With the help of setting spray, makeup may be kept in place effortlessly. Setting sprays can assist in preventing the makeup from smudging and spreading.
On the basis of end user, the setting spray market is divided into residential and commercial. The residential segment acquired the largest revenue share in the setting spray market in 2021. The demand for setting spray in the residential sector is increasing as the world population is growing and consumer awareness of the importance of using sustainable cosmetics is increasing. Setting spray has been marketed to produce a long-lasting makeup look and set makeup. With the booming fashion business in every country, the application of this product is rising. In addition, it offers makeup products the ideal finish for both daily usage and cosmetic reasons.
Based on distribution channel, the setting spray market is segmented into online and offline. The online segment garnered a remarkable growth rate in the setting spray market in 2021. Many benefits of the internet distribution channel, such as the availability of a large selection of goods on one platform, enormous discounts, and doorstep service, have significantly altered customer purchase patterns. In addition, because of growing internet usage and customer demand for shopping apps, major industry participants are building e-commerce websites swiftly. This will drive segment expansion.
| Report Attribute | Details |
|---|---|
| Market size value in 2021 | USD 814.7 Million |
| Market size forecast in 2028 | USD 1.2 Billion |
| Base Year | 2021 |
| Historical Period | 2018 to 2020 |
| Forecast Period | 2022 to 2028 |
| Revenue Growth Rate | CAGR of 6.4% from 2022 to 2028 |
| Number of Pages | 169 |
| Number of Table | 320 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Application, Distribution Channel, End User, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
|
| Restraints |
|
On the basis of region, the setting spray market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America region recorded the largest revenue share in the setting spray market in 2021. The average yearly spending on cosmetics & personal care goods by consumers in North America has been rising over time, which has aided the market expansion in the region. In addition, prominent beauty, cosmetic, and personal care companies in the region and a well-established and expanding makeup sector have fueled this region's product innovation.
Free Valuable Insights: Global Setting Spray Market size to reach USD 1.2 Billion by 2028
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include L'Oreal Group, The Estée Lauder Companies, Inc., Insight Cosmetics (Reliance Retails Venture Limited), Groupe Clarins, e.l.f. Beauty, Inc., Beauty Icons AB, Vellvette Lifestyle Private Limited (SUGAR Cosmetics), AS Beauty LLC, Hindustan Unilever Limited (Lakme Cosmetics) (Unilever PLC) and SWISS BEAUTY Cosmetics.
By Application
By Distribution Channel
By End User
By Geography
The global Setting Spray Market size is expected to reach $1.2 billion by 2028.
Patterns of increasing disposable incomes of people are driving the market in coming years, however, Growing concerns about negative impacts of chemical formulations restraints the growth of the market.
L'Oreal Group, The Estée Lauder Companies, Inc., Insight Cosmetics (Reliance Retails Venture Limited), Groupe Clarins, e.l.f. Beauty, Inc., Beauty Icons AB, Vellvette Lifestyle Private Limited (SUGAR Cosmetics), AS Beauty LLC, Hindustan Unilever Limited (Lakme Cosmetics) (Unilever PLC) and SWISS BEAUTY Cosmetics.
The Offline segment acquired maximum revenue share in the Global Setting Spray Market by Distribution Channel in 2021 thereby, achieving a market value of $789.7 Million by 2028.
The North America market dominated the Global Setting Spray Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $402.5 Million by 2028.
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 