A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Cosmetic
Pigments
Market. The
study, titled “Cosmetic
Pigments Market - Global Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2016 - 2024”,
is available for sale on the firm’s website.
Cosmetic
pigments are used extensively in cosmetic and personal care products.
These pigments are available in natural and synthetic types. Cosmetic
pigments that are not permanent are called fugitive pigments.
Fugitive pigments fade when exposed to light or eventually fade over
time. Cosmetic pigments are primarily employed in the manufacture of
products such as facial makeup, lip products, eye makeup, nail
products, hair color products, and special effects and special
purpose products.
Based
on composition, the cosmetic pigments market has been segmented into
organic and inorganic. Inorganic cosmetic pigments account for the
significant share of the global cosmetic pigments market owing to the
rise in disposable income of consumers and changing fashion trends.
Organic cosmetic pigments are expected to experience high growth
rate, led by the increase in awareness about the benefits of using
organic products. Changing consumer preferences and fashion trends
are anticipated to boost the cosmetic pigment market during the
forecast period.
View
Report Preview:
In
terms of region, the global cosmetic pigments market has been
segmented into Asia Pacific, North America, Europe, Middle East &
Africa, and Latin America. Europe was the largest market for the
cosmetic pigments market in 2015. The market for cosmetic pigments in
Europe is estimated to expand due to the increase in demand for
cosmetic pigments in various applications such as lip products, nail
products, facial makeup, eye makeup, hair color products, and special
effects & special purpose products. Facial makeup held large
share of the cosmetic pigments market in Europe in 2015. The
application segment is driven by the rising demand for root makeup
products such as foundations and face powders. Increase in disposable
income of consumers in North America and Europe is projected to boost
the cosmetic pigments market in these regions. The U.S. and U.K. are
likely to constitute major share of the cosmetic products market in
North America and Europe due to the high disposable income of the
people and new product launches. Cosmetic pigments market is
anticipated to witnessing a shift from the U.S., Western Europe and
Japan to the developing economies of Asia due to less stringent
environmental regulations. Developing economies in Asia, namely China
and India, are also projected to register high growth rate in the
color cosmetic pigments market due to the increase in income of
consumers and changing lifestyle. Technological advancements and
innovations of new products are expected to boost the demand for
cosmetic pigments during the forecast period.
Global
demand for cosmetics is anticipated to rise significantly in the near
future, thereby offering high growth opportunities for the cosmetic
pigments market. Rapid increase in demand in end-use applications,
competitive manufacturing costs, and high economic growth rate are
propelling the cosmetic pigments market in Asia Pacific. These
factors are attracting companies to adopt expansions and R&D
strategies in the region. Market players are focusing on Asia Pacific
to gain higher market share. Producers of cosmetic pigments have been
compelled to adopt expansion and acquisition strategies to meet the
global demand. Large numbers of producers are shifting their plants
to countries such as China and India due to the factors such as high
demand and low raw material and labor costs.
Major
players operating in the global cosmetic pigments market are Sun
Chemical, Sensient Cosmetic Technologies, Sudarshan Chemical
Industries, EMD Performance Materials, Lanxess, BASF SE, Geotech
International B.V., Huntsman, Clariant, and Kobo Products Inc.
Request
to view Sample Report:
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
No comments:
Post a Comment