The growing demand for cosmetic products is mainly triggering the growth of the global cosmetic pigments market. Cosmetic pigments are used in the manufacture of cosmetics and personal care products to enhance color.
New York, June 18, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Cosmetic Pigments Market by Composition, Type, Application and Region – Global Forecast to 2026” – https://www.reportlinker.com/p04331011/?utm_source=GNW
The limiting factor in the market is the strict regulatory framework. Different regulations govern the use of various ingredients used in the manufacture of cosmetic products, which is hampering the growth of the cosmetic pigments market.
The special effect pigments segment is expected to register the highest CAGR during the forecast period.
Special effect pigments are expected to experience the fastest growth, in terms of value and volume. The growing demand for special effect pigments in cosmetic products such as lip products and eye shadow is expected to drive the market for this type of pigments during the forecast. period.
These pigments also help improve skin tone. Special effect pigments provide shine and texture enhancing benefits to cosmetic products.
Face makeup is expected to be the fastest growing cosmetic pigment application during the forecast period.
Facial makeup is the largest application of cosmetic pigments. Facial makeup consists of products such as foundation, blush, facial tanning lotions, creams, powders, loose and compact powders, and mineral powders.
Foundations are flesh-colored cosmetics that are applied to the face for an even complexion.
The covering pigments in face makeup products are titanium dioxide, zinc oxide and kaolin. These give a white color, which diffuses the light and enhances the natural color of the skin.
These ingredients have the added benefit of being anti-UV. Thus, cosmetic pigments are used in facial makeup applications such as foundations, blushers and powders, where titanium dioxide is used to add more vivid colors.
Asia-Pacific is expected to be the fastest growing cosmetic pigments market during the forecast period.
The Asia-Pacific market is expected to experience the highest growth for cosmetic pigments, in terms of value and volume, due to the rapid development of the color cosmetics and personal care industry in the region. The growth is attributed to the easy availability of raw materials used for the manufacture of these pigments.
The cosmetics and personal care industry in Asia Pacific provides access to cosmetic pigment manufacturers, due to factors such as low cost manufacturing and growing middle class population in countries such as China, Korea South and India. Consumers in these countries are shifting from basic products to high-end skin and hair care products and color cosmetics, providing export opportunities for a wide range of cosmetic pigment manufacturers.
Less stringent regulations related to the use of cosmetic pigments in the manufacture of color cosmetics also provide growth opportunities for manufacturers in the region. There is a demand for cosmetic products in this region, due to the increase in disposable income, which allows consumers to prefer high quality colorful cosmetic products as well as basic beauty and personal care products.
This study was validated by primary interviews conducted with various industry experts around the world. Primary sources have been divided into three categories, namely type of business, designation and region.
â¢ By type of business – Level 1 – 47.2%, Level 2 – 30.7% and Level 3 – 22.1%
â¢ By designation: C-level executives: 42.1%, managers: 39.6% and others: 18.3%
â¢ By region – North America – 35%, Europe – 22%, Asia-Pacific – 25%, South America – 8%, Middle East and Africa – 10%
The report features several major cosmetic pigments market players including Sun Chemical (US), Sensient Cosmetic Technologies (France), Merck (Germany), ECKART (UK), Sudarshan (India), Kobo Products (US) United), Clariant (Switzerland) and Geotech (Netherlands). The report also includes detailed information about the various growth strategies adopted by these key players to strengthen their position in the cosmetic pigments market.
The report offers information of cosmetic pigments used in various applications in the regions. It aims to estimate the cosmetic pigments market size over the forecast period and projects future market growth across elemental composition, type, application, and region segments.
The report also includes in-depth competitive analysis of major cosmetic pigments market players along with their company profiles, SWOT analysis, recent developments, impact of COVID-19, and key market strategies.
Main advantages of purchasing the report:
The report will assist the market leaders / new entrants in the Cosmetic Pigments market by providing them with the closest approximations to the revenue of the overall market and its various sub-segments. This report will help stakeholders to better understand the competitive landscape and to acquire to improve their businesses and design suitable market strategies.
The report will also help stakeholders to understand the market pulse and gain insight into the key drivers, restraints, challenges and opportunities affecting the cosmetic pigments market growth.
Read the full report: https://www.reportlinker.com/p04331011/?utm_source=GNW
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