Cosmetic Pigments Market Size, Share, Industry Forecast 2029

Cosmetic Pigments Market generated a revenue of USD 630 million in 2021 and is forecast to grow at a CAGR of 8.1% over the forecast period, attaining a value of USD 1,175 million in 2029.

The factors driving the growth of Cosmetic Pigments Market includes growing popularity of cosmetic and personal care products around the world, increasing demand for high-performance and specialty pigments, rising focus on manufacturing environment friendly and sustainable products and improvements in the living standards. Moreover, development of skin-friendly and efficient products, rising adoption of advanced technologies by manufacturers, growing application of cosmetic pigments in foundations, blushers, and powders, increase in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major companies on research and development and growing disposable incomes and increasing population growth rates, are further contributing towards the market growth.

However, growth of the Cosmetic Pigments Market is hindered due to strict regulations regarding the use of certain pigments.

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The leading players operating in the market are Geotech International BV, Sudarshan Chemical Industries Limited, Kobo Products Inc., BASF SE, Sun Chemical Corporation, Sensient Cosmetic Technologies, Merck KGaA, Clariant, Huntsman International LLC and LANXESS, among others.

Based on Composition, the Inorganic segment is predicted to dominate the market during the forecast period

Inorganic pigments are comparatively less intense in colors than organic pigments along with growing demand for titanium dioxide in cosmetic pigments, are some of the factors responsible for the segment’s growth.

Based on Application, the Facial Makeup emerged as the fastest growing segment over the forecast period

As per the Cosmetic Pigments Market Global Forecast, growing demand for facial makeup products such as foundations and face powders, is propelling growth of the segment.

Based on Region, the Asia-Pacific region is anticipated to hold the highest market share during the forecast period

Growing demand for high-quality cosmetic and personal care products across Japan, India, and South Korea, changing lifestyle, rapid urbanization, increasing per capita incomes and high population growth rates, are some of the important factors augmenting the market growth in Asia-Pacific region.

Market Segmentation

Segmentation By Type

Special Effect

Surface Treated

Nano

Segmentation By Composition

Organic

Inorganic

Segmentation By Application

Facial Makeup

Lip Products

Eye Makeup

Nail Products

Hair Color Products

Others

Segmentation by Region

Asia Pacific

China

Japan

India

Rest of APAC

North America

United States of America

Canada

Europe

United Kingdom

Germany

France

Spain

Rest of Europe

RoW

Brazil

South Africa

Saudi Arabia

UAE

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