The cosmetic pigment market is expected to be valued at US$ 13,794.3 million in 2024. The pace of progress for the market from 2024 to 2034 is expected to be healthy, with a CAGR of 6.6%. By the end of the forecast period, the cosmetic pigment industry value is slated to hit US$ 26,235.5 million.
Cosmetic Pigment Market Analysis
| Attributes | Details |
|---|---|
| Cosmetic Pigment Market Value for 2024 | US$ 13,794.3 million |
| Projected Market Value for 2034 | US$ 26,235.5 million |
| Value-based CAGR of Market for 2024 to 2034 | 6.6% |
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Aside from the cosmetic pigment market, an in-depth analysis has been done on two other related markets.
Consumers' desire for a plethora of options when it comes to colors in cosmetics is painting a positive picture for the color cosmetics market. The increasing diversity of the consumer base of cosmetic products is also playing a positive role in the market’s journey.
Rising obsession among people to cover up blemishes and have a spotless body is fueling the growth of the tinted cosmetics market. The light nature of the product is also laying out the pathway for its increased use.
Cosmetic Pigment Market:
| Attributes | Cosmetic Pigment Market |
|---|---|
| Value-based CAGR (2024 to 2034) | 6.6% |
| Projected Market Value (2034) | US$ 26,235.5 million |
| Market Trends |
|
| Restraint | Consumers doubt about quality of pigments |
| Growth Factors |
|
Color Cosmetics Market:
| Attributes | Color Cosmetics Market |
|---|---|
| Value-based CAGR (2024 to 2034) | 4.8% |
| Projected Market Value (2034) | US$ 87,916 million |
| Market Trend | Use of herbal ingredients in color cosmetics |
| Restraint | Considerable competition among vendors |
| Growth Factor | Multifunctional color cosmetic products increasing in popularity |
Tinted Cosmetics Market:
| Attributes | Tinted Cosmetics Market |
|---|---|
| Value-based CAGR (2022 to 2032) | 4.3% |
| Market Trend | Use of technology to calibrate products to match specific skin tones |
| Restraint | Threats from fake and low-quality products |
| Growth Factor | Consumers desire for makeup-free look |
Principal Consultant
Despite the popularity of organic products in cosmetics, the inorganic pigments still rule the roost in the cosmetic pigment market. Facial makeup products are the predominant cosmetics that use cosmetic pigments.
Inorganic pigments are expected to account for 59.8% of the market share by elemental composition in 2024. Factors driving the growth of the inorganic pigments are:
| Attributes | Details |
|---|---|
| Top Elemental Composition | Inorganic Pigments |
| Market Share (2024) | 59.8% |
Facial makeup application of cosmetic pigment is anticipated to account for 25.7% of the market share in 2024. Some of the factors for the growth of facial makeup application of cosmetic pigment are:
| Attributes | Details |
|---|---|
| Top Application | Facial Makeup |
| Market Share (2024) | 25.7% |
The Asia Pacific is set to be an intensely lucrative region for the cosmetic pigment industry. The growing affluence of the region combined with the increasing middle-class and urban population spells out positive potential for the market in the region.
Oceania’s significant outdoor culture helps the market’ purpose in the country. Growing sustainability culture in the region is also seeing the demand for sustainable cosmetic pigments shoot up in Oceania.
| Countries | CAGR (2024 to 2034) |
|---|---|
| Japan | 7.0% |
| India | 11.3% |
| China | 9.4% |
| Singapore | 7.6% |
| Australia | 8.7% |
The market is anticipated to register a CAGR of 11.3% in India for the forecast period. Some of the factors driving the growth of the market in the country are:
Japan is set to see the market expand at a CAGR of 7.0% over the forecast period. Prominent factors driving the growth of the market are:
The market is expected to register a CAGR of 9.4% in China. Some of the factors driving the growth of the market in China are:
The market is set to progress at a CAGR of 7.6% in Singapore. Factors influencing the growth of the market in Singapore include:
The market is expected to register a CAGR of 8.7% in Australia. Some of the reasons for the growth of cosmetic pigment in the country are:
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The market for cosmetic pigment is fairly consolidated, with a few companies establishing dominance. However, there is still room enough for small-scale companies.
Players in the cosmetic pigment landscape are looking at celebrity endorsements as well as collaborations with social media influencers to expand their reach. Some of the bigger players are also looking at acquisitions to increase their market share.
Recent Developments in the Cosmetic Pigment Market
The market size of the cosmetic pigment industry is estimated to be US$ 13,794.3 million in 2024.
Geotech, Eckart, BASF, and Lanxess are some of the key companies in the cosmetic pigment market.
The cosmetic pigment market is expected to reach a valuation of US$ 26,235.5 million in 2034.
The cosmetic pigment industry is expected to progress at a promising CAGR of 6.6% over the period from 2024 to 2034.
The cosmetic pigment industry can be segmented into elemental composition, end use, and type.
The cosmetic pigment industry is predicted to progress at a CAGR of 11.3% in India from 2024 to 2034.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Manufacturer 3.5.1.2. Mid-Level Participants (Traders) 3.5.1.3. Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Distributors 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Manufacturer and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Elemental Composition 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Elemental Composition, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Elemental Composition, 2024 to 2034 5.3.1. Inorganic Pigments 5.3.2. Organic Pigments 5.4. Y-o-Y Growth Trend Analysis By Elemental Composition, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Elemental Composition, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2024 to 2034 6.3.1. Facial Makeup 6.3.2. Eye Makeup 6.3.3. Lip Products 6.3.4. Nail Products 6.3.5. Hair Colour Products 6.3.6. Special effect & Special Purpose Products 6.3.7. Others 6.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Type, 2019 to 2023 7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Type, 2024 to 2034 7.3.1. Special Effect Pigments 7.3.2. Surface Treated Pigments 7.3.3. Nano Pigments 7.3.4. Natural Colorants 7.4. Y-o-Y Growth Trend Analysis By Type, 2019 to 2023 7.5. Absolute $ Opportunity Analysis By Type, 2024 to 2034 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Region, 2019 to 2023 8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Region, 2024 to 2034 8.3.1. North America 8.3.2. Latin America 8.3.3. Western Europe 8.3.4. Eastern Europe 8.3.5. South Asia and Pacific 8.3.6. East Asia 8.3.7. Middle East and Africa 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Country 9.2.1.1. USA 9.2.1.2. Canada 9.2.2. By Elemental Composition 9.2.3. By Application 9.2.4. By Type 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Elemental Composition 9.3.3. By Application 9.3.4. By Type 9.4. Key Takeaways 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Elemental Composition 10.2.3. By Application 10.2.4. By Type 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Elemental Composition 10.3.3. By Application 10.3.4. By Type 10.4. Key Takeaways 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. UK 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Western Europe 11.2.2. By Elemental Composition 11.2.3. By Application 11.2.4. By Type 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Elemental Composition 11.3.3. By Application 11.3.4. By Type 11.4. Key Takeaways 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. Poland 12.2.1.2. Russia 12.2.1.3. Czech Republic 12.2.1.4. Romania 12.2.1.5. Rest of Eastern Europe 12.2.2. By Elemental Composition 12.2.3. By Application 12.2.4. By Type 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Elemental Composition 12.3.3. By Application 12.3.4. By Type 12.4. Key Takeaways 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Bangladesh 13.2.1.3. Australia 13.2.1.4. New Zealand 13.2.1.5. Rest of South Asia and Pacific 13.2.2. By Elemental Composition 13.2.3. By Application 13.2.4. By Type 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Elemental Composition 13.3.3. By Application 13.3.4. By Type 13.4. Key Takeaways 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. China 14.2.1.2. Japan 14.2.1.3. South Korea 14.2.2. By Elemental Composition 14.2.3. By Application 14.2.4. By Type 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Elemental Composition 14.3.3. By Application 14.3.4. By Type 14.4. Key Takeaways 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2019 to 2023 15.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2024 to 2034 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. South Africa 15.2.1.3. Israel 15.2.1.4. Rest of MEA 15.2.2. By Elemental Composition 15.2.3. By Application 15.2.4. By Type 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Elemental Composition 15.3.3. By Application 15.3.4. By Type 15.4. Key Takeaways 16. Key Countries Market Analysis 16.1. USA 16.1.1. Pricing Analysis 16.1.2. Market Share Analysis, 2023 16.1.2.1. By Elemental Composition 16.1.2.2. By Application 16.1.2.3. By Type 16.2. Canada 16.2.1. Pricing Analysis 16.2.2. Market Share Analysis, 2023 16.2.2.1. By Elemental Composition 16.2.2.2. By Application 16.2.2.3. By Type 16.3. Brazil 16.3.1. Pricing Analysis 16.3.2. Market Share Analysis, 2023 16.3.2.1. By Elemental Composition 16.3.2.2. By Application 16.3.2.3. By Type 16.4. Mexico 16.4.1. Pricing Analysis 16.4.2. Market Share Analysis, 2023 16.4.2.1. By Elemental Composition 16.4.2.2. By Application 16.4.2.3. By Type 16.5. Germany 16.5.1. Pricing Analysis 16.5.2. Market Share Analysis, 2023 16.5.2.1. By Elemental Composition 16.5.2.2. By Application 16.5.2.3. By Type 16.6. UK 16.6.1. Pricing Analysis 16.6.2. Market Share Analysis, 2023 16.6.2.1. By Elemental Composition 16.6.2.2. By Application 16.6.2.3. By Type 16.7. France 16.7.1. Pricing Analysis 16.7.2. Market Share Analysis, 2023 16.7.2.1. By Elemental Composition 16.7.2.2. By Application 16.7.2.3. By Type 16.8. Spain 16.8.1. Pricing Analysis 16.8.2. Market Share Analysis, 2023 16.8.2.1. By Elemental Composition 16.8.2.2. By Application 16.8.2.3. By Type 16.9. Italy 16.9.1. Pricing Analysis 16.9.2. Market Share Analysis, 2023 16.9.2.1. By Elemental Composition 16.9.2.2. By Application 16.9.2.3. By Type 16.10. Poland 16.10.1. Pricing Analysis 16.10.2. Market Share Analysis, 2023 16.10.2.1. By Elemental Composition 16.10.2.2. By Application 16.10.2.3. By Type 16.11. Russia 16.11.1. Pricing Analysis 16.11.2. Market Share Analysis, 2023 16.11.2.1. By Elemental Composition 16.11.2.2. By Application 16.11.2.3. By Type 16.12. Czech Republic 16.12.1. Pricing Analysis 16.12.2. Market Share Analysis, 2023 16.12.2.1. By Elemental Composition 16.12.2.2. By Application 16.12.2.3. By Type 16.13. Romania 16.13.1. Pricing Analysis 16.13.2. Market Share Analysis, 2023 16.13.2.1. By Elemental Composition 16.13.2.2. By Application 16.13.2.3. By Type 16.14. India 16.14.1. Pricing Analysis 16.14.2. Market Share Analysis, 2023 16.14.2.1. By Elemental Composition 16.14.2.2. By Application 16.14.2.3. By Type 16.15. Bangladesh 16.15.1. Pricing Analysis 16.15.2. Market Share Analysis, 2023 16.15.2.1. By Elemental Composition 16.15.2.2. By Application 16.15.2.3. By Type 16.16. Australia 16.16.1. Pricing Analysis 16.16.2. Market Share Analysis, 2023 16.16.2.1. By Elemental Composition 16.16.2.2. By Application 16.16.2.3. By Type 16.17. New Zealand 16.17.1. Pricing Analysis 16.17.2. Market Share Analysis, 2023 16.17.2.1. By Elemental Composition 16.17.2.2. By Application 16.17.2.3. By Type 16.18. China 16.18.1. Pricing Analysis 16.18.2. Market Share Analysis, 2023 16.18.2.1. By Elemental Composition 16.18.2.2. By Application 16.18.2.3. By Type 16.19. Japan 16.19.1. Pricing Analysis 16.19.2. Market Share Analysis, 2023 16.19.2.1. By Elemental Composition 16.19.2.2. By Application 16.19.2.3. By Type 16.20. South Korea 16.20.1. Pricing Analysis 16.20.2. Market Share Analysis, 2023 16.20.2.1. By Elemental Composition 16.20.2.2. By Application 16.20.2.3. By Type 16.21. GCC Countries 16.21.1. Pricing Analysis 16.21.2. Market Share Analysis, 2023 16.21.2.1. By Elemental Composition 16.21.2.2. By Application 16.21.2.3. By Type 16.22. South Africa 16.22.1. Pricing Analysis 16.22.2. Market Share Analysis, 2023 16.22.2.1. By Elemental Composition 16.22.2.2. By Application 16.22.2.3. By Type 16.23. Israel 16.23.1. Pricing Analysis 16.23.2. Market Share Analysis, 2023 16.23.2.1. By Elemental Composition 16.23.2.2. By Application 16.23.2.3. By Type 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Elemental Composition 17.3.3. By Application 17.3.4. By Type 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Geotech 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. Eckart 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. BASF 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. Lanxess 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. Venator 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Nihon Koken Kogyo 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. Ferro Corporation 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. Dayglo Color 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. Elemental Srl 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. Kolortek 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 18.1.11. Chem India Pigments 18.1.11.1. Overview 18.1.11.2. Product Portfolio 18.1.11.3. Profitability by Market Segments 18.1.11.4. Sales Footprint 18.1.11.5. Strategy Overview 18.1.11.5.1. Marketing Strategy 18.1.11.5.2. Product Strategy 18.1.11.5.3. Channel Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
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Cosmetic Pigment Market
