The Cosmetic Pigments Market was estimated to be calculated at USD 851 Million in 2022 and is foreseen to reach an extent of USD 1,359 Million by 2028 at an annual rate of 12.3% over the conjecture period from 2023-2028
The high growth of niche applications consuming cosmetic pigments across the world is driving the demand for the cosmetic pigments market, along with the superior properties of these pigments.
Augmenting demand for make-up products like face powders, foundations, and others is estimated to boost the global cosmetic pigment market growth over the coming years. Global cosmetic pigment market growth in the future is due to the increasing purchasing power of the people and the altering fashion trends of consumers. Also, acceptance of Western culture across the world is anticipated to enhance the global cosmetic pigment market growth over the outlook period. The growth of the market is further driven by the easy availability of cosmetics across the globe, along with the increase in disposable incomes and improvement in lifestyle.
Cosmetic pigments have characteristics like bright and brilliant luster, shimmer, and shine. These cosmetic pigments are colored, colorless, or fluorescent. These pigments can also be organic or inorganic finely powdered solids. They are insoluble and chemically unaffected by the medium in which they are incorporated. These applications like facial makeup, lip products, eye makeup, and nail products are used in the cosmetic pigments market. They use cosmetic pigments, especially pearlescent pigments, in facial makeup to help cover blemishes and uneven skin tone. Cosmetic pigments have been supported by the rising demand for pearlescent pigments that are mostly used in root makeup products. They are demanding in cosmetic products as they match the natural skin tone and the consumer demand is rising with increasing product differentiation in the cosmetics & personal care industry. The demand for cosmetic pigments is increasing in economies like India, China, and Brazil. The cosmetics market in India is growing at a rate of twenty percent annually, much faster than the market in North American and European countries.
Cosmetic pigments are used in the manufacturing of products and there are different regulations regarding the specification of labeling, packaging, and ingredients. The stringent regulations, especially for Europe North America, and other regions of the world are following the same trend because of the increasing health and environmental awareness. The cosmetic application is used in the United States FDA has forced the regulations on color additives and pigments. The European Union implemented strict regulations on cosmetic pigments and dyes that are hazardous to health. The European Union has restricted the use of cadmium pigments and leading along with its compounds because of the environmental risks associated with their use. The stringent regulations of cosmetic pigments are because they are not environment-friendly and the approval process is time-consuming.
The chemicals have an adverse effect on human health and increase the risks of health issues when several products are used together. A rise in the public interest and new trends related to the cosmetics industry is encouraging manufacturers to turn towards natural and sustainable products. The call is rising for organic pigments that are eco-friendly and are produced using novel technologies. Manufacturing companies are investing to venture into the green market and are following sustainable technologies.
REPORT METRIC |
DETAILS |
Market Size Available |
2022-2028 |
Base Year |
2022 |
Forecast Period |
2023-2028 |
CAGR |
12.3% |
Segments Covered |
|
Various Analyses Covered |
Global, Regional and Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
|
Market Leaders Profiled |
Sun Chemical (US), Sensient Cosmetic Technologies (France), Merck (Germany), BASF SE (Germany), ECKART (UK), Sudarshan (India), Kobo Products (US), Clariant (Switzerland), Geotech (Netherlands), EMD Performace Materials, Lanxess |
Inorganic Pigments
Organic Pigments
Inorganic pigments are estimated to be the fastest-growing segment of the cosmetic pigments market over the outlook period.
Facial Makeup
Eye Makeup
Lip Products
Nail Products
Hair Color Products
Special effect & Special Purpose Products
Others
Pearlescent
Metallic
Surface Treated Pigments
Methicone & Dimethicone Treated
Alkyl Silane Treated Pearls
Organo Titanate Treated Pearls
Cross Polymer Treated
Nano Pigments
Natural Colorants
Alkanet Root
Europe
North America
Asia Pacific
Latin America
Middle East and Africa
Sun Chemical (US)
Sensient Cosmetic Technologies (France)
Merck (Germany)
BASF SE (Germany)
ECKART (UK)
Sudarshan (India)
Kobo Products (US)
Clariant (Switzerland)
Geotech (Netherlands)
EMD Performace Materials
Lanxess
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