Global Cosmetic Grade Pigments Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Cosmetic Grade Pigments Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

It is widely used in industry and is one of the most basic raw materials in the chemical industry. It is called the mother of the chemical industry. Hydrochloric acid, caustic soda, soda ash, ammonium chloride, chlorine, etc. in the main products of the basic chemical industry are mainly produced from Cosmetic Grade Pigments.

Market Overview:

The latest research study on the global Cosmetic Grade Pigments market finds that the global Cosmetic Grade Pigments market reached a value of USD 910.35 million in 2022. It’s expected that the market will achieve USD 1502.0 million by 2028, exhibiting a CAGR of 8.7% during the forecast period.

Strength

Expansion of the cosmetics market. Due to the rapid development of social networks, people's interest in make-up is increasing, and the acceptance of cosmetics in various colors is increasing.
Color is an integral part of cosmetics. Cosmetic colors that are popular with consumers can help capture a larger market share. Increasing consumption of downstream finished products

Weakness

Manufacturers of cosmetic pigments generally establish long-term cooperative relationships with large cosmetic companies, and it may be difficult for new entrants to get large-volume orders.
Consumer demand for products is increasing. Consumers' demands for cosmetic color and safety have been increasing. People are not satisfied with single or ordinary colors. More unique and popular colors will be loved by more consumers.

Opportunities

For new entrants in the cosmetic pigment industry, improving the raw material supply chain and establishing good cooperative relationships with customers will help open the market.
Development opportunities in emerging markets. There are many local cosmetics brands in China, Thailand and other countries. Establishing good cooperative relationships with local companies is conducive to opening up emerging markets.
Product differentiation competition should be a good opportunity, especially for niche markets targeting certain special groups of consumers

Threat

With increasing health awareness, consumers are increasing their concerns about the ingredients and safety of cosmetic products. This puts forward higher requirements for the manufacturing materials and manufacturing processes of cosmetic pigments.
Cosmetics are not a necessity for people's lives. The current global economic development has slowed down and exchange rates have fluctuated frequently. In this context, the sales of cosmetics may be affected to some extent.

Region Overview:

Europe dominated the Cosmetic Grade Pigments market in 2022, with a market share of 48.08%.

Company Overview:

Huntsman is one of the major players operating in the Cosmetic Grade Pigments market, holding a share of 13.12% in 2023.

Huntsman

Huntsman Corporation is a global manufacturer and marketer of differentiated and specialty chemicals. The Company offers MDI formulations and systems, advanced epoxy, acrylic and polyurethane-based formulations, maleic anhydride, surfactants, amines, textile chemicals and dyes, and wide variety of other chemicals.

BASF

BASF is a chemical company. The Company operates in six segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas.

Segmentation Overview:

By type, Water-soluble Pigment segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Facial Make-Up segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Cosmetic Grade Pigments market covered in Chapter 3:

Merck KGaA
Nihon Koken Kogyo
Sensient Cosmetic
Sun Chemicals
Huntsman
ECKART Effect Pigments
Miyoshi Kasei
Lanxess
Sudarshan
Clariant
Neelikon
Symrise
Shanghai Yipin Pigments
Kobo Products
BASF
CQV

In Chapter 4 and Chapter 14.2, on the basis of types, the Cosmetic Grade Pigments market from 2018 to 2029 is primarily split into:

Water-soluble Pigment
Oil-soluble Pigment

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Cosmetic Grade Pigments market from 2018 to 2029 covers:

Facial Make-Up
Lip Products
Eye Make-Up
Nail Products
Hair Color Products
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)