Cosmetic Pigments Market Forecast To Register CAGR Of Over 6.40% During The Forecast Period
Global Cosmetic Pigments Market size was valued at USD 2.7 Billion in 2024 and is expected to reach USD 4.9 Billion by 2033, at a CAGR of 6.4% during the forecast period 2024 – 2033.
Cosmetic Pigments Market: Overview
Cosmetic pigments are available in a variety of forms, including powders, liquids, and dispersions, and in a wide range of colours to fulfil the demands of various cosmetics and personal care products.
A major global trend in cosmetic pigments is a rising need for natural and ecological alternatives. Customers are increasingly looking for cosmetics made with colours obtained from natural sources such as minerals, plants, fruits, and vegetables. This trend is being pushed by increased awareness of sustainability issues, health concerns, and a demand for clean cosmetic products.
Manufacturers are reacting by creating novel methods for extracting and processing natural pigments while preserving color brightness, stability, and performance in cosmetic compositions. Furthermore, there is a growing interest in eco-friendly packaging and production methods that lessen the environmental effects of cosmetic pigment manufacturing.
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As an outcome, the cosmetic pigment business is experiencing a transition towards more sustainable methods, with natural pigments becoming more prominent in compositions and driving market growth as consumers prioritize products that align with their values and preferences.
By type, surface treated pigments segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. A major trend in surface-treated pigments is the growing desire for natural and sustainable alternatives, which is driven by customer preferences for eco-friendly cosmetics and regulatory pressure to use safer components.
By composition, the inorganic pigments segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. A notable trend in inorganic pigments is the growing desire for ecologically acceptable alternatives, such as heavy metal-free formulations, driven by sustainability concerns and regulatory requirements in a variety of sectors.
By application, the facial makeup segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. A recent trend in facial makeup is the advent of skinimalism, which emphasizes minimalistic makeup procedures that focus on accentuating natural features, attaining a fresh-faced appearance, and prioritizing skincare-infused products for healthy skin.
CMI has comprehensively analyzed the Global Cosmetic Pigments market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict the in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Cosmetic Pigments industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Cosmetic Pigments Market:
- BASF SE
- Merck Group
- Sun Chemical Corporation
- Sensient Technologies Corporation
- Clariant International Ltd
- Kobo Products Inc.
- Sudarshan Chemical Industries Limited
- Geotech International B.V.
- LANXESS AG
- Huntsman Corporation
- ECKART GmbH
- Toshiki Pigment Corporation
- Kolortek Co. Ltd.
- Sandream Impact LLC
- Dayglo Color Corporation
- Pylam Products Company Inc.
- Chromaflo Technologies Corporation
- Koel Colours Pvt. Ltd.
- Neelikon Food Dyes and Chemicals Ltd.
- D. Bells & Co. Ltd.
- Others
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