Cosmetic Pigments Market to Surpass a Valuation of US$ 1,152.2 Mn by 2032: ChemView Consulting

Cosmetic Pigments Market Overview

According to a research survey conducted by ChemView Consulting, the current valuation of the Global Cosmetic Pigments Market is worth US$ 574.9 Mn in 2022. The market value of stainless steel is expected to reach US$ 1,152 Mn by 2032, growing at a CAGR of 5.6% over the forecast period.

Increased consumer knowledge on how to improve their looks and the urge to seem more presentable is anticipated to boost market growth. Cosmetic pigments improve one’s appearance and provide customers a more presentable appearance, which is anticipated to increase consumer acceptance and spur market expansion.

ChemView Consulting has analyzed that the living standards of growing economies like China, India, and Brazil are rising as their GDPs rise. The demand for cosmetic and personal care goods is increasing significantly due to urbanization’s altered lifestyle and rising income levels. Geographically, the global cosmetic pigments market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.

During the projected period, increased consumer awareness on how to improve their looks and the need to appear more presentable is likely to boost the market growth. Cosmetic pigments improve one’s appearance and give consumers a more presentable appearance, which is anticipated to increase consumer adoption and spur market expansion.

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Segments Covered in Report

By Elemental Composition:

  • Inorganic Pigments
  • Organic Pigments

By Type:

  • Special Effect Pigments
  • Surface-Treated Pigments
  • Nano Pigments
  • Natural Colorants

By Application:

  • Facial Makeup
  • Eye Makeup
  • Lip Products
  • Nail Products
  • Hair Color Products
  • Special effect & Special Purpose Products
  • Others

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Key Takeaways from the Cosmetic Pigments Market

  • Based on the elemental composition, inorganic pigments are expected to be the largest and fastest-growing segment of the market. White opaque pigments, which give opacity and lighten other hues, make up inorganic pigments. The color intensity of these pigments is lower than that of organic dyes. As a result, titanium dioxide is in great demand since it is utilized extensively in all cosmetic pigment applications and is a necessary component of all cosmetic pigment kinds.
  • Based on the type, The market in this application is anticipated to be driven by rising demand for foundations and face powders, among other core makeup items. A significant portion of the need for cosmetic pigments is made up of facial makeup.
  • With a market share of 26.4% for cosmetic pigments, which accounted for the biggest share in terms of value, North America is thought to be the region with the largest market. Due to rising personal affluence, North America’s cosmetics and personal care sector is expanding quickly. This region’s demand for cosmetic pigments is driven by changing lifestyles and the desire for high-quality cosmetic and personal care products.

Competition Summary

Key companies covered in the market study are Key Global Cosmetic Pigments Market players are Geotech, Eckart, Chem India Pigments, Yipin Pigments, Sun Chemical, Sensient Cosmetic Technologies, Merck, and BASF.

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Report Key Highlights and Coverage

  • Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
  • Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
  • The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
  • Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
  • Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
  • Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
  • Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
  • Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
  • Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
  • Strategic market analysis, recommendations, and future headways on crucial winning strategies.

About ChemView Consulting

ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have been collaborating with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.

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