The global cosmetic pigments market is anticipated to grow significantly at a CAGR of 7.2% over the forecast period (2021-2027). The key aspect that drives the growth of the global cosmetic pigments market is the presence of the key players, which are continuously innovating novel technologies also enhances market growth. Players such as BASF SE, Clariant AG, ECKART GmbH, Ferro Corp., Kobo Products Inc., LANXESS AG, Merck & Co., Sensient Cosmetic Technologies, Sun Chemical, and Venator Materials PLC among others substantially contribute to the global cosmetic pigments market growth during the forecast period.
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For instance, in February 2019, Sun Chemical launched the novel SpectraFlex illusion pigments specially designed for soft-focus effects. SpectraFlex Illusion soft-focus effect pigments can be used in daily wear makeup primers that aids in optically blurring the fine lines and other imperfections. The newly launched product aided the company to strengthen its product offering for personal care applications, such as face powders, body powders, foundation, and other skin care applications. This is also likely to substantially contribute to the growth of the global cosmetic pigments market during the forecast period.
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Market Coverage
- Market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered- By Composition, Product Type, and Applications
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
- Competitive Landscape- BASF SE, Clariant AG, ECKART GmbH, Ferro Corp., Kobo Products Inc., LANXESS AG, Merck & Co., Sensient Cosmetic Technologies, Sun Chemical, and Venator Materials PLC among others
Key questions addressed by the report
- What is the market growth rate?
- Which segment/region dominates the market in base year?
- Which segment/region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region/segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Cosmetic Pigments Market – Segmentation
By Composition
- Organic
- Inorganic
By Product Type
- Surface Treated Pigments
- Nano Pigments
- Special Effect Pigments
- Natural Colorants
By Application
- Facial Makeup
- Eye Makeup
- Lip Care Products
- Hair Care Products
- Nail Care Products
- Others
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