(MENAFN - GetNews) Cosmetic Pigments Market Extensive use in Cosmetic Industries is projected to drive the market growth during the forecast period, 2019-2023, Global Cosmetic Pigments Market categorizes the Worldwide Market by Composition, Type, Application and Region | Cosmetic Pigments Market Industry
Synopsis of Cosmetic Pigments Market:-
Cosmetic pigments are used in diverse applications, which can offer insolubility, waterproof resistance, and high standard performance to the final product. Thus, they are used in various applications such as facial makeup, eye makeup, lip products, nail products, hair color products, and others. The global cosmetic pigments market is spanned across five regions of the world namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Among these, Europe holds the major share of the global market and is projected to continue leading owing to the increasing consumption of organic pigments in facial makeup, eye makeup, lip products, nail products, hair color products, and others.
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It is estimated that the facial makes up segment is set to observe the highest CAGR in the market due to the growing use of cosmetic pigments to improve the structural properties and increase the life cycle of the product. Moreover, the increasing demand for lip products, hair dyes, and others have propelled the market to witness a rapid growth during the forecast period. These factors have led to Germany, the U.K, and Italy to be the major players in this region.
The North American market is expected to grow at a higher CAGR due to extensive consumption of organic pigments in facial makeup, eye makeup, lip products, and others. The U.S., Canada, and Mexico have achieved a significant place in the market due to the growing investments in the end-use industries. Therefore, the growing demand for cosmetic products in major sectors are estimated to drive the market during the forecast period.
A notable development is achieved in the Asia Pacific due to the growing demand for cosmetic products in the region. The rapid urbanization coupled with technology have propelled the market to witness a higher growth. Thus, countries such as China, Japan, and India are the major contributors to this market.
Competitive Analysisof Cosmetic Pigments Market:-
Some of the well-known players operating in the global cosmetic pigments market are
- Sun Chemical Corporation (U.S.)
- Sensient Cosmetic Technologies (France)
- Merck KGaA (Germany)
- Sudarshan Chemical Industries Limited (India)
- Kobo Products Inc (U.S.)
- BASF SE (Germany)
- Clariant (Switzerland)
- Huntsman International LLC (U.S.)
- LANXESS (Germany)
- Geotech International B.V. (the Netherlands)
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Segmentationof Cosmetic Pigments Market:-
The global cosmetic pigments market is segmented into composition, type, and application. Based on the composition, the market is further classified into organic and organic segments. Based on the type, the market is sub-divided into special effect, surface treated, and Nano segments. Based on the application, the market is further segregated into facial makeup, eye makeup, lip products, nail products, hair color products, and others
A considerable development is predicted in the Latin American region such as in Brazil, Uruguay, and Argentina due to the growing demand for facial makeup, eye makeup, lip products. Moreover, a rapid development is estimated in the Middle East & African region such as Qatar, the U.A.E, and others due to increasing production of cosmetic products in major industries.
Table Of Contents:-
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
5 Industry Overview Of Global Cosmetic Pigments Market
5.2 Growth Drivers
5.3 Impact Analysis
To Be Continue……
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List of Figures:-
FIGURE 1 Global Cosmetic Pigments Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Cosmetic Pigments Market
FIGURE 4 Value Chain Of Global Cosmetic Pigments Market
FIGURE 5 Share Of Global Cosmetic Pigments Market In 2017, By Country (In %)
To Be Continue….
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