USD 645 million
Report ID: SQSG30L2010 | Region: Global | Published Date: December, 2022 | Pages: 165 | Tables: 94 | Figures: 76
Cosmetic Pigments Market size was valued at USD 645 million in 2021 and is poised to grow from USD 698.54 million in 2022 to USD 1431.67 million by 2030, growing at a CAGR of 8.3% in the forecast period (2023-2030).
A pigment is a substance that modifies the color of light reflection and absorption, according to the most basic definition. Cosmetic pigments produce a matte or high gloss finish. The selection includes numerous catalogs with white pigments, metallic hues, and lustrous and natural-looking tones. By combining numerous cosmetic products, including lipsticks and eye shadow, the material significantly enhances the visual appeal of the formulae. The need for cosmetic pigments will increase as the fashion and entertainment sectors grow.
The market is being propelled by superb and effective properties of cosmetic pigments as well as the quick rise in the number of specialized uses for them around the world. There are two different kinds of pigments: organic and inorganic. Inorganic pigments, which are carbon molecules in organic colors, are made of metal oxides. The primary function of pigments in cosmetics is to provide the desired color. Iron oxide, mica flakes, coal tar, and other materials are included in mineral pigments. Beet powder and cochineal extract are two further examples of natural colors. Waterproof cosmetics are made using insoluble substances like alumina hydrate, cosmetic pigments like lakes, and dye hues. Inorganic metal oxide pigments are used in cosmetics with long-lasting colors.
The expansion of the cosmetic pigments market is being driven by the desire for color cosmetics. On the other side, there are a few challenges for market participants. The major issue that cosmetic pigment manufacturers have is maintaining the quality of cosmetic pigments for mass-market products like nail paints, lip colors, and eye makeup items. The quality of the raw materials must be evaluated before they are used to create cosmetic pigments. The quality of the color cosmetics produced in big quantities for the mass market is occasionally subpar. The demand for these quite profitable items is strongly influenced by the caliber of the cosmetic pigment utilized. Cosmetic pigment producers and processors are required to employ only premium pigments.
US Cosmetic Pigments Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 645 million
To get more reports on the above market click here to Buy The Report
The Global Cosmetic Pigments Market is segmented on the basis of Elemental Composition, Products, Application, and Region. Based on the elemental composition, the market is segmented into organic pigments and inorganic pigments. Based on the Product, the market is segmented into Special Effect Pigments, Surface Treated Pigments, Nano Pigments, and Natural Colorants. Based on the Application, the market is segmented into Facial Makeup, Eye Makeup, Lip Products, Nail Products, Hair Color Products, Special effect & Special Purpose Products, and Others. Based on the region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Cosmetic Pigments Market Analysis by Elemental Composition
Organic pigments and inorganic pigments make up two segments of the Global Cosmetic Pigments market. Over the anticipated period, the inorganic pigments sector is anticipated to experience the largest market share. Metal complexes and opaque white pigments make up the inorganic pigments. Zinc oxide, titanium dioxide, iron oxide, chromium oxide, and other metal oxides are among the metal compounds. In the production of sunscreen creams, titanium dioxide is frequently employed. For the red, yellow, and black hues in cosmetics, iron oxide is applied. For making green cosmetics, chromium dioxide is employed. The opaque white paints give other hues of lightness and opacity.
Due to its widespread use in dyes, lip cosmetics, and other items, as well as its ability to improve the structural features of those products, organic pigment is predicted to experience significant market growth. Compared to inorganic colors, these pigments are higher grade, certified, and brighter. A carbon molecule makes up each organic pigment. These are employed to add a brief color. Toners, primers, micas, and lakes colors are all part of the organic pigment category. Lake's hues, which are produced by precipitating metallic salt with soluble dye, are extremely persistent and adaptable.
Cosmetic Pigments Market Analysis by Application
Additionally, the market is divided based on application as categories such as nail products, lip products, makeup for the eyes, face, and hair, as well as goods for special effects and other purposes. Due to the extensive use of cosmetic pigments in the production of facial makeup products such as foundation, blushers, and face powders, the facial makeup category holds the largest market share. With men's and women's concerns about their appearance expanding, there is an increase in the market for facial cosmetic products. In order to make foundations, powders, and blushers that are brighter in color, many businesses use titanium dioxide. Additionally, blushers, face powders, and liquid foundations are all made using iron oxide.
To get detailed analysis on other segments, Request For Sample Report
The various regions that make up the global market for cosmetic pigments are North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. With the highest market share, Europe emerged as the largest market for cosmetic pigments. Using cutting-edge technology like surface treatment and pigment dispersion, the cosmetics and personal care industry in Europe creates products that function optimally. The cosmetic pigment market in this region is being driven by the demand for high-quality cosmetic goods. In emerging economies, there is a growing awareness of colors. The use of cosmetic pigments is being driven by a sharp increase in demand for health and beauty products.
The Asia-Pacific region also holds a significant share in the Global Cosmetic Pigments Market. Over the anticipated period, the market demand for cosmetic pigments would increase due to the increased spending on research & development activities. Due to the rising consumption of cosmetics products with changing lifestyles and rising health & beauty concerns among the population, the Asia-Pacific region is anticipated to have positive market growth. The number of businesses creating cosmetic pigments for use in cosmetic and personal care products is growing. Consumption of organic pigments is rising in a variety of cosmetics, including eye, hair, and facial makeup. Due to the large production of blushers, face powder, mineral powder, and other cosmetics, the industry is predicted to rise dramatically in developing nations like China and India. Over the anticipated period, the market expansion will be fueled by rising domestic income and purchasing power.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Cosmetic Pigments Market Driver
Cosmetic Pigments Market Restraint
Quality assurance is another major restraint in the market. As a result of rising demand for color cosmetic products, the market is also growing day by day. There are major challenges in front of manufacturers to produce the products that are used by the mass population such as nail paint, lip color.
Concerns of global economic slowdown, the Impact of war in Ukraine, lockdowns in China with resurging COVID cases, and the Risks of stagflation envisaging numerous market scenarios are pressing the need for Organic and Inorganic Cosmetic Pigments industry players to be more vigilant and forward-looking.
Speak to one of our ABIRAW analyst for your custom requirements before the purchase of this report
With several international and local markets, the market for cosmetic pigments is quite competitive. The competitiveness in the market is heightened by opportunities, revenue growth, and product diversification. The top market participants with a sizeable market share are Sun Chemical, Merck, BASF, Eckart, Kobo Products, Clariant, Geotech, and Venator. The top players use market expansion, product diversification, new product launches, and product development tactics to maintain their market share. To boost the demand for cosmetic pigments and their global expansion, the corporations are engaging in alliances, mergers, strategic alliances, and acquisitions.
Cosmetic Pigments Market Top Company Profiles
Cosmetic Pigments Market Recent Development
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, based on the elemental composition, the organic pigments segment is projected to hold the most substantial share in the market. Based on the product, the special effect pigments segment is projected to hold the most substantial share in the market. Based on the application, the facial makeup segment is projected to hold the most substantial share in the market.
|Market size value in 2021||USD 645 million|
|Market size value in 2030||USD 1431.67 million|
|Forecast Unit (Value)||USD Million|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
Free report customization with purchase. Customization includes:-
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Cosmetic Pigments Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Cosmetic Pigments Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Cosmetic Pigments Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Cosmetic Pigments Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "
- Mr. Ali Zali, Commercial Director, ICIIC Iran.