Global cosmetic pigments market is growing at a 10.98% rate of CAGR. The global cosmetic pigments market was valued at US$ 690 Mn in 2019 and is expected to reach US$ 1588 Mn by 2026.
Cosmetic pigments offer characteristics like brightness, shimmer, and shine. It is available in colored, colorless particulates in the market.
Global Cosmetic Pigments Market, Dynamics:
The cosmetic industry plays an important role in the developed economy. The cosmetic pigments help to transform individual appearances and offer a presentable look. An increase in awareness of beauty products, a premium on personal grooming, a shift in consumption patterns and purchasing power among women are some of the factors, which are expected to drive the global cosmetic pigments market growth.
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On the other hand, strict regulations for the use of certain pigments are expected to limit the global cosmetic pigments market growth. The cosmetic pigments manufacturers are required to follow strict guidelines concerning cosmetics products.
The global cosmetic pigments market is expected to decline from $XX Mn in 2019 to $ XX Mn in 2020 at a compound annual growth rate (CAGR) of -XX%. The decline is mainly because of the COVID-19 outbreak, which is led by restrictive containment measures like social distancing, remote working, and the closure of industries. The report covers the detailed analysis of the
global cosmetic pigments market dynamics like drivers, restraints, opportunities and challenges with COVID-19 impact analysis.
Global Cosmetic Pigments Market, Segment Analysis:
A variety of cosmetic colours are used in colourful range of lipsticks, eye colours, and nail enamels. Color cosmetic key players use organic or synthetic colours, which are based on the requirements of end user. Inorganic pigments like ultramarine, chromium, iron oxides are popular among cosmetic product manufacturers across the globe. Inorganic pigments are expected to contribute XX% share in the global cosmetic pigments market. Zinc oxide and titanium dioxide, which are white pigments are widely used in all cosmetics. Inorganic pigments are impervious and resistant to solvents for cosmetics and personal care.
Global Cosmetic Pigments Market, Regional Analysis:
Europe is the largest consumer of color cosmetic pigments. The presence of the consumer base, demand for cosmetic pigments in applications like hair color products, eye makeup, lip products, special effect & special purpose products, and nail products, technology developments and high spending on R&D are some of the factors behind the regional market growth.
Global Cosmetic Pigments Market,
On the other hand, Asia Pacific is expected to grow at an XX% rate of CAGR during the forecast year. High adoption of western lifestyle among the ASEAN population, growth in disposable income and purchasing power, the inclination of the young population towards cosmetic grooming products are expected to drive the market growth. Furthermore, there are strict regulations for different types of pigments. India is home to some of the leading pigment suppliers for cosmetic products. The countries analyzed by Asia Pacific cosmetic pigments market are China, India, Japan, South Korea, ASEAN and the rest of Asia Pacific.
Global Cosmetic Pigments Market Competitive Analysis:
The leading pigment manufacturers have to follow certain standards and guidelines. Despite the cosmetic industry best practices can be similar for each country, the regulatory guidelines for specific colours that have to be followed vary from one country to another.
Currently, the number of new product launches by various brands have increased the diversification of product portfolios. India is growing at a rapid pace with innovative techniques, technological advancements and expansion of production facilities. Key players operating in the market are expected to meet the demand in domestic and international markets.
The objective of the report is to present a comprehensive analysis of the Global Cosmetic Pigments Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Cosmetic Pigments Market dynamics, structure by analyzing the market segments and projects the Global Cosmetic Pigments Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Cosmetic Pigments Market make the report investor’s guide.
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Report Coverage Global Cosmetic Pigments Market
Global Cosmetic Pigments Market, by Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Global Cosmetic Pigments Market Key Players
• Chem India Pigments
• Yipin Pigments
• Sun Chemical
• Sensient Cosmetic Technologies
• Nihon Koken Kogyo
• Ferro Corporation
• Dayglo Color
• Elemental Srl
• Sandream Impact
• Vibfast Pigments
• Miyoshi Kasei
• Kuncai Europe
• Kobo Products
• Koel Colours
• Li Pigments
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