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Cosmetic Pigments Market -By Composition (Organic, Inorganic), By Type (Special Effect Pigments, Pearlescents, Metallic, Surface Treated Pigments, Methicone & Dimethicone Treated, Alkyl Silane Treated Pearls, Organo Titanate Treated, Pearl Cross Polymer Treated, Nano Pigments, Titanium Dioxide, Zinc Oxide, Natural Colorants, and Alkanet Root), By Application (Facial Makeup, Eye Makeup, Lip Products, Nail Products, Hair Color Products) & By Region (North America, Europe, Asia Pacific, Latin America, Middle east and Africa) – Industry Analysis on Size, Share, Trends, Growth & Forecast to (2023-2028)

Published: March, 2023
ID: 9803
Pages: 175
Formats: report pdf report excel report power bi report ppt

Cosmetic Pigments Market Size (2023-2028):

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.

Drivers in the Cosmetic Pigments Market

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.

Restraints in the Cosmetic Pigments Market

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.

COSMETIC PIGMENTS MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022-2028

Base Year

2022

Forecast Period

2023-2028

CAGR

12.3%

Segments Covered

  • By Composition
  • By Application
  • By Type
  • By Region

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

  • North America
  • Europe
  • Asia Pacific 
  • Latin America
  • Middle East & Africa

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

 

Cosmetic Pigments Market

Market Segmentation:

Cosmetic Pigments Market-By Composition:

  • Inorganic Pigments

  • Organic Pigments

Inorganic pigments are estimated to be the fastest-growing segment of the cosmetic pigments market over the outlook period.

Cosmetic Pigments Market-By Application:

  • Facial Makeup

  • Eye Makeup

  • Lip Products

  • Nail Products

  • Hair Color Products

  • Special effect & Special Purpose Products

  • Others

Cosmetic Pigments Market-By Type:

  • 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

Cosmetic Pigments Market-By Region:

  • Europe

  • North America

  • Asia Pacific 

  • Latin America 

  • Middle East and Africa

Cosmetic Pigments Market Key Players.

  • 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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