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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