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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