
Report ID: SQMIG30L2280
Report ID:
SQMIG30L2280 |
Region:
Global |
Published Date: February, 2025
Pages:
199
|
Tables:
60 |
Figures:
68
North America dominated the mineral cosmetics market, with the highest revenue share of 36.3% in 2024. Increasing consciousness about the use of organic products and the cons of chemical-based cosmetics has increased the demand for natural products in the region. Consumers are aware of the advantages of mineral cosmetics and strictly prefer natural skin care products because of the widespread influence of social media.
The U.S. in the mineral cosmetics market has seen a remarkable surge in the demand for these products because of consumer tendency towards personal hygiene and emphasis on appearance. Consumers are particular about skincare and seek help from dermatologists to find suitable products. According to YouGov PLC, 60% of women in the U.S. have a consistent skincare routine and are willing to spend more money on quality products. The increased spending capacity of consumers and aggressive marketing strategies from various brands have positively influenced the market. Additionally, the availability of these products through offline and online distribution has boosted the market growth. Many e-commerce websites provide timely delivery to consumers' doorsteps at discounted pricing.
The Asia Pacific region is expected to register the highest growth at a CAGR of 5.88% during the forecast period. Highly populated countries such as China and India contribute majorly to growing product demand. The increasing number of working women and the continuously improving income range of the middle-class population are accelerating the market growth. Grooming has become an integral part of the lifestyles of working women, and multifunction products cater to safe and quick solutions for many skin problems. Additionally, the influence of celebrities through various media platforms to use beauty products and the risk-free nature of mineral cosmetics help women strike a balance between self-care and enhanced appearance. Ultimately, the popularity of these products is continuously increasing.
Europe is anticipated to be one of the fastest-growing regions in the market during the forecast period. The inclination of young people towards skincare routines and adopting organic products is the main reason for fostering the regional market. Europe being the capital of the fashion industry, consumers are keenly open to experiments and new cosmetic products. It has been observed that many working women consider self-care a relaxation from their daily schedule.
The Middle East and Africa (MEA) region is showing steady growth in the mineral cosmetics market. In countries like the United Arab Emirates and Saudi Arabia, there is a growing demand for high-quality skincare and cosmetics that cater to the harsh climates and diverse skin tones in the region. The region is also influenced by increasing awareness about the harmful effects of chemical-based products, leading to the adoption of mineral-based alternatives. The market is expected to grow as consumers become more interested in global beauty trends, such as the focus on organic and natural ingredients.
Latin America, including countries such as Brazil, Mexico, and Argentina, is experiencing a gradual rise in demand for mineral cosmetics. Brazil is one of the largest beauty markets in the world and shows a growing interest in natural beauty products. As the market for organic and clean beauty grows, consumers in Latin America are becoming more aware of the benefits of mineral cosmetics. However, the market is still in the early stages of growth compared to North America and Europe, but it is poised to expand as disposable income increases and the awareness of sustainable and non-toxic products rises.
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REQUEST FREE CUSTOMIZATIONGlobal Mineral Cosmetics Market size was valued at USD 3.46 billion in 2023 and is poised to grow from USD 3.64 billion in 2024 to USD 5.53 billion by 2032, growing at a CAGR of 5.34% in the forecast period (2025-2032).
The global mineral cosmetics industry is a dynamic and rapidly growing sector within the global beauty industry, with key players continually innovating to cater to the rising demand for natural and skin-friendly products. Mineral cosmetics, known for their benefits such as being free from harsh chemicals and artificial additives, are gaining popularity due to the increasing consumer preference for organic, eco-friendly, and hypoallergenic makeup solutions. Key players in the market include Estée Lauder Companies, L'Oréal, BareMinerals, and Shiseido, who are leading the charge in product innovation and expanding their portfolios with mineral-based cosmetics. 'Glo Skin Beauty', 'L'Oréal SA', 'Mineralissima Cosmetics BV', 'Revlon Inc.', 'Shiseido Company Limited', 'Clariant AG', 'ECKART GmbH', 'Merck & Co. Inc.', 'BASF SE', 'Neelikon Food Dyes & Chemicals Ltd.', 'Estée Lauder Companies Inc.', 'Nardo’s Naturals Inc.', 'Lady Burd Cosmetics Inc.'
The increasing preference for organic and natural beauty products is expected to propel the mineral cosmetics market going forward. Organic beauty products are manufactured from plant-based materials that are grown without the use of fertilizers or pesticides. They do not contain genetically engineered substances and are free of petrochemicals. The use of organic and natural beauty products is increasing due to their advantages, such as being safe for the skin, nutrition-rich, more effective, and sustainable.
Innovative Product Launches Shape the Future of Mineral Cosmetics: Product innovation has emerged as the key trend gaining popularity in the mineral cosmetics market. Major players operating in the mineral cosmetics sector are focused on developing innovative products to strengthen their market position. For instance, in October 2024, Naturals launched a new organic beauty, skin and hair care brand ‘Pearl’. The company has launched 18 new chemical-free 100% natural sources organic products for beauty, skin and hair care under the brand Pearl.
North America dominated the mineral cosmetics market, with the highest revenue share of 36.3% in 2024. Increasing consciousness about the use of organic products and the cons of chemical-based cosmetics has increased the demand for natural products in the region. Consumers are aware of the advantages of mineral cosmetics and strictly prefer natural skin care products because of the widespread influence of social media.
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Report ID: SQMIG30L2280