Cosmetic Pigments Market Emerging Trends, Opportunities Forecast 2022

Precision Business Insights published a research report on “Cosmetic Pigments Market: By Product Type (Special Effect Pigments, Surface Treated Pigments, Nano pigments and Natural colorants), By Elemental Composition (Organic and Inorganic), By Application (Facial makeup, Lip Products, Eye Makeup, Nail Products, Hair Color Products and Others) - Global/Region/Country Forecast to 2028”.

As of the most basic description, a pigment is a sort of material that modifies the colour of light reflection and absorption. Light interacts with a hard substance to produce the colour. Consider cosmetic pigments, like the brilliant red in your lipstick. Cosmetic pigments are being used more frequently in personal care and grooming products as a result of their rising use. Consumer knowledge of the value of looking decent in both personal and professional contexts will boost market expansion. Cosmetic pigments are predicted to drive the market in the next years due to their capacity to modify individual appearances and provide consumers with a better and more appealing appearance. Recognition of changing fashion trends is pushing consumers all around the world to spend more on cosmetics and personal care items. People in developing nations are predicted to have more discretionary income, increasing cosmetics consumption in those countries.

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The demand for cosmetic pigments has been directly impacted in a positive manner by the widespread consumption of cosmetics and various types of personal care products. With consumers demanding more effective, premium, and modernised cosmetics, the cosmetic pigments market is expected to witness a steady market valuation rise in the forecasted period of 2020 to 2027. Although numerous regulatory demands from various authorities exist, restricting the use of specific types of cosmetic pigments in various applications, this factor is projected to act as a limitation on the market's growth. Cosmetic pigment manufacturers are obligated to follow strict cosmetics product rules. Various standards govern labelling, packaging, and the materials used in food processing. These regulations are pretty stringent in Europe and North America. Other countries of the world are following suit as a result of growing health and environmental awareness. The US Food and Drug Administration currently regulates colour additives and pigments used in cosmetic applications (FDA).

In terms of Elemental Composition, the market is divided into Inorganic Pigments and Organic Pigments. Based on Type, the market is classified into Surface Treated Pigments, Special Effect Pigments, Nano Pigments and Natural Colorants. In terms og Application, the market is divided into Eye Makeup, Facial Makeup, Lip Products, Hair Color Products, Nail Products, Special effect & Special Purpose Products and Others.

Europe was the most important market for cosmetic pigments, accounting for the highest share in terms of value. Germany, France, the United Kingdom, Italy, Spain, and the Rest of Europe make up the European Cosmetic Pigments Market. In Europe, modern technology such as surface treatment and pigment dispersion is used to manufacture high-quality beauty and personal care products. The need for high-quality cosmetic and personal care products is driving the Cosmetic Pigments Market in this area.

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Some of the major key players in the Cosmetic Pigments Market are BASF, Clariant, Merck, Sun Chemical, Sensient Cosmetic Technologies, Kobo Products, Venator, Geotech, Lanxess, ECKART

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