Cosmetic Pigments Market Insights, Trends, Industry Report – Global Forecast to 2024

Cosmetic Pigments Market Insights, Trends, Industry Report - Global Forecast to 2024

“Browse 68 market data Tables and 39 Figures spread through 147 Pages and in-depth TOC on “Cosmetic Pigments Market””
Cosmetic Pigments Market by Composition (Organic, Inorganic), Type (Special Effect, Surface treated, Nano), Application (Facial Makeup, Eye Makeup, Lip Products, Nail Products, Hair Color Products), and Region

The report “Cosmetic Pigments Market by Composition (Organic, Inorganic), Type (Special Effect, Surface treated, Nano), Application (Facial Makeup, Eye Makeup, Lip Products, Nail Products, Hair Color Products), and Region – Global Forecast to 2024″, MarketsandMarkets: The cosmetic pigments market is projected to grow from USD 698 million in 2019 and expected to reach USD 1,019 million by 2024, at a CAGR of 7.9%.

The global market for cosmetic pigments is driven primarily by the increasing demand for cosmetic products. Cosmetic pigments are used for manufacturing cosmetic and personal care products for color enhancement. With the growing demand for various cosmetic & personal care products, the use of cosmetic pigments is also increasing.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=179525453

Market Dynamics

Driver: Increasing demand for cosmetic pigments in cosmetic and personal care products

Cosmetic pigments possess characteristics such as bright and brilliant luster, shimmer, and shine. These pigments are colored, colorless, or fluorescent particulates. They can be organic or inorganic finely powdered solids. They are usually insoluble and are also chemically unaffected by the medium in which they are incorporated. They are used in a wide range of applications such as facial makeup, lip products, eye makeup, and nail products. The use of cosmetic pigments, especially pearlescent pigments, in facial makeup help cover blemishes and uneven skin tone. This has increased the demand for pearlescent pigments that are widely used in root makeup products.

Opportunities: Consumer interest in environment-friendly and sustainably produced ingredients in cosmetic and personal care products

Several harmful chemicals are still being used as ingredients in makeup products. These chemicals may have an adverse effect on human health and can increase the risks of health hazard when several makeup products are used together. A combination of increased public interest and market trends in the cosmetics industry has led the cosmetics manufacturers to seek more natural and sustainable cosmetic emulsifiers. The demand for organic pigments, which are environment-friendly and are manufactured using sustainable technologies, is increasing rapidly. Manufacturing companies are investing to venture into the green market and are following sustainable technologies.

Challenges: Maintaining  quality of cosmetic pigments for mass market products

The cosmetic pigments market is growing due to the increasing demand for color cosmetic products. However, there are a few challenges faced by the market players. The biggest challenge that the cosmetic pigments manufacturers face is maintaining the quality of cosmetic pigments for mass-market products such as nail paints, lip colors, and eye makeup products. The quality of raw material has to be checked before using it for manufacturing cosmetic pigments.

Request or Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=179525453

High economic growth rate and growing facial makeup application in China, Japan, and India are projected to lead the cosmetic pigments market in APAC during the forecast period.

APAC is the fastest-growing market, in terms of both production and demand. Higher domestic demand, easy availability of raw materials, and low-cost labor make APAC the most preferred destination for the manufacturers of cosmetic pigments. The use of cosmetic pigments as an important additive in various applications such nail products, lip products, eye makeup, facial makeup, hair color products, special effect & special purpose as is driving the market in China. APAC is emerging as a leading consumer of cosmetic pigments due to the increasing demand from domestic as well as international markets.

The key players in the cosmetic pigments market include Sun Chemical (US), Sensient Cosmetic Technologies (France), Merck (Germany), BASF (Germany), ECKART (UK), Sudarshan (India), Kobo Products (US), Clariant (Switzerland), and Geotech (Netherlands). These players have established a strong foothold in the market by adopting strategies such as expansion, new product launch, and merger & acquisition. 

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/cosmetic-pigment-market-179525453.html