Cosmetic Pigments Market by Category (Organic and Inorganic), Application (Facial Makeup, Eye Makeup, Lip Products, Hair Color Products, and Others): Global Market Size Estimates and Forecast (2022-2030)

BMIRE00026127 | Pages: 100 | Chemicals and Materials | Sep 2022 | Type: Global | Status: Published

The market crossed US$ 698.40 Million mark in 2022 and is expected to hit US$ 1,303.65 Million by 2030, recording a CAGR of 8.1% during the forecast period.

Cosmetic pigments market has been significantly growing with increasing adoption of personal care and make up products.

Changing lifestyle in emerging markets, increasing demand for new, different and premium makeup products, surging demand for cosmetic products, and rising entertainment and fashion industries are some of the major factors driving the growth of the market. The inorganic pigments segment is expected to pace up with owing to its unique properties. Inorganic pigments consist of opaque white pigment used to provide opacity and lighten other colors. Inorganic pigments are metal compounds such are oxides such as titanium oxide. Growing demand for titanium oxide for various application in cosmetic and personal care products has surged the demand for inorganic pigments during the forecast period. Further, organic pigment segment is also expected to gain traction during the forecasted year.

Within the report, the market is segmented into category, application, and geography. On the basis of category, the market is bifurcated into organic pigments and inorganic pigments. By application, the market is categorized into facial makeup, eye makeup, lip products, hair color products, and others. Geographically, the market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

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Rising adoption of organic cosmetic products has empowered the growth of futuristic innovations.

Cosmetic pigments are coloring agents used in various cosmetic products to provide range of texture, colors, and took. Variety of metallic shades, white pigments, and amongst other are classified under the broad category of cosmetic pigments. Consumer inclination towards the environmentally friendly products has posed a growth opportunity for the cosmetic pigments market. This is attributed owing to increased awareness about harmful effects on human health of using chemicals cosmetic products. This has further surged manufacturers to developments and new product launch using organic pigments to meet the growing consumer demand.

Rising adoption in various industries is one of the major factors accelerating the market growth.

The industries for cosmetic pigments are facial makeup, eye makeup, lip products, hair color products, and others. Within these industries, facial makeup industry is one such industry, wherein the use of cosmetic pigments is increasing owing to rising demand for root makeup products such as face powders and foundations. The hair color products industry has also witnessed an extensive use of cosmetic pigments owing to rising expenditure on hair care products and growing number of aging populations globally.

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Recent strategic developments in cosmetic pigments market

The cosmetic pigments market has undergone several significant developments, and a few of these have been mentioned below:

  • In October 2019, Merck KGaA expanded the pigment production facility in Gernsheim, Germany. The expansion was aimed to production capacity of silicon dioxide flakes, which is a special substrate for the complete range of unique effect pigments.
  • In June 2019, BASF SE entered inti strategic partnership with siHealth Ltd to sell scientifically based satellite and optronic solution to the personal care industry globally.

The cosmetic pigments market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Sun Chemical, Sensient Cosmetic Technologies, Merck KGaA, Clariant, and LANXESS are among the prominent players operating in the market.

Target audience for the report:

  • Raw material providers
  • Cosmetic pigments related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policy makers
  • Venture capitalists, private equity firms, and start-up companies
  • Application industry of cosmetic pigments industry
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Category:
    • Organic Pigments
    • Inorganic Pigments
  • Application:
    • Facial Makeup
    • Eye Makeup
    • Lip Products
    • Hair Color Products
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
    • Sun Chemical
    • Sensient Cosmetic Technologies
    • Merck KGaA
    • Clariant

Companies profiled
- Sun Chemical
- Sensient Cosmetic Technologies
- Merck KGaA
- Clariant

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