Cosmetic Pigments organic or inorganic
materials that offer excellent insolubility, waterproof resistance, and extended
life properties to the finished material. Moreover, they provide versatility,
reliability, and high standard performance to the product.
The Global Cosmetic Pigments Market has been
driven by the range of its application in various segments such as facial
makeup, eye makeup, lip products, nail products, hair color products, and
others. Moreover, it is estimated that the facial makeup segment is set to
witness the highest growth in the market due to the growing production of
cosmetic products in the sector over the forecast period.
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Market Segmentation:
The Global Cosmetic Pigments Market is
segregated into the composition, type, and application. On the basis of the
composition, the market is further categorized into organic and inorganic
segments. On the basis of the type, the market is segmented into special
effect, surface treated, and nano segments. On the basis of the application,
the market is classified as facial makeup, eye makeup, lip products, nail
products, hair color products, and others.
Market Scenario:
The Organic Pigments Segment is the most widely
used components in the market due to its growing consumption of facial makeup,
hair dyes, lip products, and others. Moreover, durability, waterproof nature,
and long life are the major factors behind the popularity of this segment.
The facial makeup is the leading application
and anticipated to observe a rapid growth due to boundless consumption of
organic materials in moisturizers, lotions, foundation, and others. Moreover,
hair color, nail and lip product segments are expected to witness a rapid
growth in the sector due to improving lifestyle and growing concern about
facial beauty among the people.
Competitive Analysis:
Some of the major players functioning in the
Global Cosmetic Pigments Market are Sun Chemical Corporation (U.S.), Sensient
Cosmetic Technologies (France), Merck KGaA (Germany), Sudarshan Chemical
Industries Limited (India), Kobo Products Inc (U.S.), BASF SE (Germany),
Clariant (Switzerland), Huntsman International LLC (U.S.), LANXESS (Germany),
and Geotech International B.V. (the Netherlands) among others.
Regional Analysis:
The Global Cosmetic Pigments Market is spanned
across five key regions: Asia Pacific, North America, Europe, Latin America,
and the Middle East & Africa. Among these, Asia Pacific is set to grow at a
higher rate in the market due to rising demand for facial makeup products such
as foundation, loose & pressed powders, and others. Countries such as
China, Japan, and India are the major players in this region. North America is
estimated to witness a higher growth in the U.S., Canada, and Mexico owing to a
high standard of living, growing concern about facial beauty among men and
women in the region. Europe is the leading region in the global market owing to
growing innovation in research & development activities and technological
advancement in cosmetics & personal care industries. Thus, the market is
expected to witness a significant growth in Germany, the U.K, and Italy.
The Middle East & Africa is estimated to
observe a significant growth due to increasing production of cosmetic products
such as creams, lotions, lipsticks, and others. Additionally, the growing
demand for toners, lake colors and true pigments in cosmetic industries is
projected to boost the market in the Latin American region.
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