Cosmetics Colorants Market Worth USD 1552 million in 2026 – GMI Research

Cosmetics Colorants Market Worth USD 1552 million in 2026 - GMI Research

“Cosmetics Colorants Market Worth USD 1552 million in 2026 – GMI Research”
New analysis from GMI Research, expects the revenue for the Cosmetics Colorants market estimated at USD 876 million in 2018 and the market is estimated to reach USD 1552 million by 2026, growing at a compound annual growth rate (CAGR) of 6.6% during the forecast period 2019-2026.

The Cosmetics Colorants market is primarily driven by rising demand for dyes and pigments from various applications with the key applications being facial makeup, eye makeup, lip products and hair color products. The rise in per capita expenditure on cosmetic products in developing economies as a result of increasing awareness regarding the appearance among the consumers. Moreover, growing demand for cosmetic products owing to the proclivity of consumers towards maintaining their lifestyle coupled with increasing fashion consciousness is paving the way for cosmetic colorants in the market worldwide. In addition, increasing disposable income and rapid urbanization are leading to an increase in demand for cosmetic and personal care products in the market.

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Cosmetics are used to enhance the beauty of human beings. Cosmetic dyes and cosmetic pigments are majorly used in the production of cosmetic colorants. Cosmetic pigments are color additives that are not soluble in the medium in which they are used. Organic pigments and inorganic pigments are broadly used in the cosmetic pigments market. Inorganic pigments such as ultramarine, chromium, iron oxides, among others use chemical formulations to get the desired product properties for various applications. Organic pigments are made of carbons and other molecules such as lakes, toners, and true pigments. In addition, cosmetic pigments are used in various applications such as facial makeup, eye makeup, lip products, nail products, among others.

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According to the Food and Drug Administration (FDA), the color additives that are being used in cosmetic products need to be approved under Federal Food, Drug and Cosmetic Act. In addition, manufacturers that are using color additives must fulfill the basic requirements that include approval, certification, identity & specification and use & restrictions to ensure that their product will not cause any harm to the consumers. In addition, the manufacturers who failed to meet the basic color additive requirements except in the case of coal-tar hair dyes, their cosmetics will be considered to be adulterated. 

Pigments type segment accounted for the major share in 2018 and is expected to dominate the market during the forecast period. The growth of this segment is attributed to it’s increased usage in the manufacturing of color cosmetics. In addition, the increase in the demand for differentiated and premium products by the consumers is also acting as a key driver for growth. Pigments are further classified into organic and inorganic pigments. Inorganic pigments captured the maximum market share in 2018 owing to its increased demand by the end-users. These pigments are composed of metal compounds such as ultramarine, iron oxides, chromium, titanium oxide etc which are stable in solvents and have higher heat stability.       

Facial Makeup application segment accounted for the maximum share in 2018  and is expected to dominate the cosmetic colorant market during the forecast period owing to rising demand for makeup products such as face powders, foundation, and concealer by the consumers worldwide. Increasing participation of women in the workforce and rising physical appearance consciousness among millennial consumers are fuelling the demand for the facial makeup segment. In addition, high usage of cosmetic pigments in facial makeup products including blushers, concealers, foundations, and powders is anticipated to drive the market in the upcoming years.

Europe held the largest market share in 2018 for cosmetic colorants owing to rising per capita spending on cosmetic products coupled with an increase in the demand for high-quality cosmetic products such as makeup, lipsticks, and nail products among women. The Asia-Pacific region is expected to grow at the highest CAGR of 8.2% during the forecast period due to the increasing purchasing power of the consumer and changing consumers’ lifestyle leading to rise in demand for cosmetic products. Moreover, the availability of low-cost raw material and an increase in spending on promotional activities by the key players to increase consumer awareness will also pave the way for cosmetic colorants in this region.

Global cosmetic colorants market share is divided by some of the key players including Clariant AG, Sensient Technologies Corporation, Merck KGaA, BASF SE, Organic Dyes and Pigments, Aakash Chemicals and Dyestuffs, DyStar, Altana AG, DIC Corporation, Kobo Products Inc., among others.

The global cosmetic colorants market has been segmented based on product type, application, and key geographies. Based on the product type, the global cosmetic colorants market has been segmented into pigments and dyes. Pigments is further sub-segmented into organic pigments and inorganic pigments. Based on the application, the global cosmetic colorants market has been segmented into facial makeup, eye makeup, lip products, nail products, hair color products, and others.

 

Market Segmentation

Global Cosmetic Colorants Market by Product Type

  • Pigments
  • Dyes

Global Cosmetic Colorants Market by Application

  • Facial makeup
  • Eye makeup
  • Lip products
  • Nail products
  • Hair color products
  • Others

Global Cosmetic Colorants Market by Region

  •  North America Cosmetic Colorants Market

            Option 1: As a part of the free 25% customization

  • By Product Type
  • By Application
  • United States All-Up Cosmetic Colorants Market
  • Canada All-Up Cosmetic Colorants Market

 

  • Europe Cosmetic Colorants Market

            Option 2: As a part of the free 25% customization

  • By Product Type
  • By Application
  • Spain All-Up Market
  • Germany All-Up Cosmetic Colorants Market
  • UK All-Up Cosmetic Colorants Market
  • Rest of Europe All-Up Cosmetic Colorants Market

 

  • Asia-Pacific Cosmetic Colorants Market

           Option 3: As a part of the free 25% customization

  • By Product Type
  • By Application
  • China All-Up Cosmetic Colorants Market
  • India All-Up Cosmetic Colorants Market
  • Japan All-Up Cosmetic Colorants Market
  • South Korea All-Up Cosmetic Colorants Market
  • Rest of APAC All-Up Cosmetic Colorants Market

 

  • ROW Cosmetic Colorants Market

           Option 4: As a part of the free 25% customization

  • By Product Type
  • By Application
  • Brazil All-Up Cosmetic Colorants Market
  • Saudi Arabia All-Up Cosmetic Colorants Market
  • Rest of world All-Up Cosmetic Colorants Market

 

Cosmetic Colorants Market Leading Players (Option 5: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

  • Clariant AG
  • Sensient Technologies Corporation
  • Merck KGaA
  • BASF SE
  • Organic Dyes and Pigments
  • Aakash Chemicals and Dyestuffs
  • DyStar
  • Altana AG
  • DIC Corporation
  • Kobo Products Inc.

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