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Cosmetic pigments deliver both a high gloss and a matte feel. The range includes a variety of catalogues comprising white pigments, metallic shades, natural-looking and shiny shades. As a result, the material greatly improves the aesthetic appearance of the formulas by incorporating many beauty items, like lipsticks and eye shadow. Rising fashion and entertainment industries will fuel demand for cosmetics pigments.
Growing demand for base makeup products, including foundations and compacts, is projected to boost the market in this sector. Face makeup is a big part of the cosmetic pigment market. Cosmetic pigments are often employed in facial makeup formulations where chemical like titanium dioxide is helpful to add clarity. However, cosmetic pigment producers are expected to comply with strict regulations on personal care products. There are various regulations concerning the quality of the labeling, and packaging along with ingredients used in the manufacture of the items, which will have an effect on the growth of the industry.
Based on type, the market for global cosmetic pigments is segmented into special effect pigments, surface treated pigments, nano pigments, natural colorants and others. On the basis of application, the market is classified into facial makeup, eye makeup, lip products, nail products, hair color products, special effect & special purpose products and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Market Driver -
Increasing application in facial makeup drives the market.
Key Market Restraint -
Stringent regulations pertaining to use of certain pigments will restrict growth.
The global cosmetic pigments market is fairly fragmented, with number of players operating in the global markets. Some of the key players in the global cosmetic pigmentsmarket includes Sun Chemical, Sensient Cosmetic Technologies, Merck, BASF, ECKART, Sudarshan, Kobo Products, Clariant, and Geotech and others.
The global cosmetic pigments market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa Europe became the biggest market for cosmetic pigments, accounting for the highest market share. The cosmetics & personal care sector in Europe manufactures best performing products using advanced technologies such as pigment dispersion and surface treatment. The need for high-quality cosmetic products is pushing the cosmetic pigment market in this area. Awareness regarding pigments is on the rise in emerging economies. A massive rise in demand for health and beauty products is fuelling the use of cosmetic pigments. North America has a large market share. Organic and inorganic cosmetics pigments are often used in massive grooming and beauty products to promote cosmetics pigments market demand in the projected timespan. The material is used for color delivery in cosmetics. Growing numbers of producers in the area should increase the market for cosmetic pigments for lipstick production. Such factors would improve the market growth of cosmetic pigments. The Middle East and the African region will be among the recent advances in regional industrial growth , especially in the creation of manufacturing plants. Latin America is also suffering from political instability and economic instability that inhibits business expansion.
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