Report ID: SQMIG30L2221
Report ID:
SQMIG30L2221 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
94 |
Figures:
76
The various regions that make up the global market for cosmetic pigments are North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. With the highest market share, Europe emerged as the largest market for cosmetic pigments. Using cutting-edge technology like surface treatment and pigment dispersion, the cosmetics and personal care industry in Europe creates products that function optimally. The cosmetic pigment market in this region is being driven by the demand for high-quality cosmetic goods. In emerging economies, there is a growing awareness of colors. The use of cosmetic pigments is being driven by a sharp increase in demand for health and beauty products.
The Asia-Pacific region also holds a significant share in the Global Cosmetic Pigments Market. Over the anticipated period, the market demand for cosmetic pigments would increase due to the increased spending on research & development activities. Due to the rising consumption of cosmetics products with changing lifestyles and rising health & beauty concerns among the population, the Asia-Pacific region is anticipated to have positive market growth. The number of businesses creating cosmetic pigments for use in cosmetic and personal care products is growing. Consumption of organic pigments is rising in a variety of cosmetics, including eye, hair, and facial makeup. Due to the large production of blushers, face powder, mineral powder, and other cosmetics, the industry is predicted to rise dramatically in developing nations like China and India. Over the anticipated period, the market expansion will be fueled by rising domestic income and purchasing power.
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REQUEST FREE CUSTOMIZATIONCosmetic Pigments Market size was valued at USD 645 million in 2019 and is poised to grow from USD 698.54 million in 2023 to USD 1431.67 million by 2031, growing at a CAGR of 8.3% in the forecast period (2024-2031).
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Report ID: SQMIG30L2221