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Cosmetic Pigments Market Research 2023-2032: Global Industry size is projected to reach $4.5 billion by 2032

12-04-2024 11:42 AM CET | Chemicals & Materials

Press release from: Allied Market Research

Cosmetic Pigments Market

Cosmetic Pigments Market

According to the report by Allied Market Research, the global cosmetic pigments market size is generated $2.1 billion in 2022, and is anticipated to generate $4.5 billion by 2032, witnessing a CAGR of 7.8% from 2023 to 2032. Increasing demand for essential cosmetics products such as foundations and compacts is expected to drive the growth of the global cosmetic pigments market in the forecast period from 2023 to 2032. However, stringent rules limiting the use of certain cosmetic pigments may hamper the cosmetic pigments market growth in the coming future. On the contrary, consumer demand for environmentally friendly and sustainably produced compounds in cosmetic and personal care items is expected to offer remunerative opportunities for the expansion of the cosmetic pigments market during the forecast period.

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The inorganic pigments sub-segment of the global cosmetic pigments market accounted for the highest share of 63.9% in 2022 and is projected to dominate the market during the forecast period. The prominent growth of the sub-segment is mainly because inorganic pigments are usually employed in cosmetics when color stability and safety are important. They are well-known for their durability, resistance to fading, and wide range of color options.

The surface treated pigments sub-segment accounted for the highest share of 42.3% in 2022 and is projected to dominate the market during the forecast period. The significant growth of the surface treated pigments sub-segment is mainly because surface treatment helps to avoid pigment deterioration caused by light, moisture, heat, and chemical interactions.

The facial makeup sub-segment accounted for the highest share of 38.8% in 2022 and is anticipated to dominate the market during the forecast period. The prominent growth of the sub-segment is mainly due to increased demand for core cosmetic products, including foundations, face powders, and blushers.

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The cosmetic pigments market in the Asia-Pacific region accounted for the highest share of 41.4% in 2022 and is expected to dominate the global market during the forecast period. This growth is mainly because of the region's significant use of skin-whitening procedures, which fuels the demand for cosmetic pigments.

Leading Players in the Cosmetic Pigments Market:

Merck
Sun Chemical
SENSIENT COSMETIC TECHNOLOGIES
BASF SE
DIC Corporation
NEELIKON
Lanxess
Sudarshan Chemical
Clariant
Koel Colors

Cosmetic Pigments Market By Composition
Inorganic Pigments
Organic Pigments

Cosmetic Pigments Market By Type
Surface Treated Pigments
Nano Pigments
Special Effect Pigments
Others

Cosmetic Pigments Market By Application
Facial Makeup
Eye Makeup
Lip Makeup
Hair Dye and Hair Coloring
Nail Care
Others

Browse Full Report Summary: https://www.alliedmarketresearch.com/cosmetic-pigments-market

Key Benefits For Stakeholders:

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cosmetic pigments market analysis from 2022 to 2032 to identify the prevailing cosmetic pigments market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the cosmetic pigments market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global cosmetic pigments market trends, key players, market segments, application areas, and market growth strategies.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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