Pigments used in manufacturing numerous colored cosmetic products such as lipsticks, nail polish, eyeliners, hair coloring agents, and countless others are called cosmetic pigments. Cosmetic Pigments are available in two forms-natural pigment and synthetic pigment. The pigment is a colored substance that is entirely or nearly insoluble in water. Cosmetic pigments are impermanent in nature, which are known as fugitive pigments. These pigments fade over time or with exposure to light, while some eventually blacken. They are extensively used in cosmetic products and personal care.
The global cosmetic pigments market size was valued at USD 10.14 billion in 2019 and projected to reach USD 16.89 billion by 2027, growing at a CAGR of 7.1% during the forecast period, 2020-2027. The major factors are the growing demand for organic pigments in high-performance cosmetics and the ever-increasing applications of cosmetic pigments in personal care and grooming products. Additionally, the increasing government regulations against metal pigments in cosmetics will spur the global cosmetic pigments industry in the future periods. Furthermore, the ability of cosmetic pigments to transform personal appearances and give a better and more presentable look to consumers is expected to witness remarkable growth of cosmetic pigments. Furthermore, the increasing acceptance of changing fashion trends globally and the rising disposable income of people in developing economies are expected to propel the demand for cosmetic pigments over the coming years.
Moreover, the upsurge in rising demand for new, differentiated, and premium products and rising preference for facial makeup and eye makeup positively impact the market for cosmetic pigments. Furthermore, the increasing use of innovative techniques and technological advancements such as pigment dispersion are fueling the demand for the cosmetic pigments market. The high growth of niche applications consuming cosmetic pigments worldwide and the efficient and superior properties of cosmetic pigments will bolster the global cosmetic pigments market share. In addition, the consumer interest in environment-friendly and sustainably produced ingredients in cosmetic products coupled with growing consumer preference for dark and vivid colors propelling the growth of the cosmetic pigments market across the globe.
The rise in GDP of emerging economies such as China, Brazil, and India improves living standards in these countries. With the increased income level and changing lifestyle due to urbanization, the awareness of personal grooming is also increasing. Increasing women’s financial independence has increased demand for cosmetics and personal care products, which is witnessing significant growth. This has appeared into a shift in the purchasing pattern of women. There is a growing inclination towards color cosmetic products as increasing disposable income has raised affordability. The newer generation is experiencing a changing standard of living, which creates a huge demand for cosmetic pigments. According to the Cosmetics Europe survey, around 88% of people find it difficult to live without cosmetics. Approximately 33% of women find it difficult to live without concealer or foundation, and about 25% of men find it hard to live without aftershave. In addition, In Europe, there are over 20,000 companies included on the wholesale side of the cosmetics industry, with the majority located in Italy, Spain, and France.
The global cosmetic pigments market is segregated into inorganic pigments and organic pigments based on the elemental composition. The inorganic pigments segment is estimated to witness the highest growth over the analysis timeframe due to the changing fashion trends. In addition, the compounds obtained from inorganic metallic compounds and salts such as chromates, sulfates, metallic oxides, etc., are used in inorganic pigments. Inorganic pigments consist of opaque white pigments used to provide opacity and lighten other colors. These pigments are less intense in color, cost-effective, more economical, and easier to disperse than organic pigments and therefore used for various applications.
The organic pigments segment will grow significantly due to the rising adoption of long-lasting products.
Based on the type, the global cosmetic pigments market is categorized into special effect pigments, surface-treated pigments, nano pigments, and natural colorants. The surface-treated pigments segment is held for a significant market share in 2019 and will gain maximum market revenue by 2027. It is attributable to the enhanced wearability and increasing interest for surface-treated shades in the restorative application. In addition, they ensure long-lasting makeup with desirable features like high-temperature resistance.
The special effect pigments segment is poised to witness significant growth over the forecast period as it imparts properties such as enhanced appearance, excellent glitter, and luster to cosmetic products.
Based on the application, the global cosmetic pigments market is classified into facial makeup, eye makeup, lip products, nail products, hair color products, special effects & special purpose products, and others. The facial makeup segment is expected to be the highest revenue share for cosmetic pigments during the forecast period. The segment’s growth is to the rising demand for root makeup products such as foundations, blushers, concealers, and face powders. In addition, cosmetic pigments are highly used in facial makeup applications where titanium dioxide is used to add brightness.
The eye makeup will witness a lucrative growth rate in the estimated period due to the rising focus on eye makeup as it complements the overall look, helps to take care of the eyes, and boosts confidence.
The global cosmetic pigments market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa by geography. North America is estimated to project considerable growth over 2020-2026. It is owing to rising awareness regarding personal grooming and the increasing number of acquisitions and production expansions among industry players.
The Asia Pacific will capture a prominent share of the cosmetic pigments market by 2027. Due to the changing lifestyle and rising demand for high-quality cosmetic and personal care products.
Companies such as Clariant, ECKART, Merck, Sun Chemical, Sensient Cosmetic Technologies, Sudarshan, Kobo Products, Geotech, Lanxess, Venator, Chem India Pigments, Dayglo Color, Neelikon, Koel Colours, Li Pigments, Yipin Pigments, Nihon Koken Kogyo, Ferro Corporation, Elemental Srl, Kolortek, Sandream Impact, Vibfast Pigments, Miyoshi Kasei, Toyal, Kuncai Europe, and Musclerox are the key players in the global cosmetic pigments market.
By Elemental Composition
By Type
By Application
By Region
Analyst support
After evaluating your requirements and addressing your technical problems, the expert analyst will resolve your query directly.
Customer satisfaction
According to your needs, our expert team will assist you with the capabilities, services, and proper research needs to be required and customize the report accordingly.
Inimitable expertise
Our expert team will create unrivaled reviews to provide you with a deep understanding of the reports.
Assured quality
We have created a systematic way to determine standards and satisfy your expectations.
Instant delivery
Unlike others, we provide you a great deal of instant delivery in the form of PDF/PPT/Word Doc directly to your email address within 24 hours after receiving full payment.
Privacy policy
We understand the inkling of your privacy, we will never misuse your email address.
Custom research service
We are giving you an opportunity through which you can directly ask our expert analyst to customize an exclusive study of the report to serve your research needs.
Quality & accuracy
We provide you with the accurate quality of the customized study of an exclusive report according to your research need.
Data visualization
As the business world’s growing faster every day, we understand the value of data management. We will create the reports by keeping all the visual data sets and metrics in the charts.
Information security
We truly respect your privacy and promise to keep your personal and confidential information safe and secure.