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

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

Market Overview:

The latest research study on the global Personal Care Pigments market finds that the global Personal Care Pigments market reached a value of USD 475.6 million in 2022. It’s expected that the market will achieve USD 719.3 million by 2028, exhibiting a CAGR of 7.14% during the forecast period.

Limitations

Extensive research is required for each manufactured color through rigorous testing procedures. Similarly, additional certifications may be required to comply with regulatory standards. These regulations are in place to ensure safer use of color in a variety of applications. The complexity of the production process and the lack of trained employees are some of the challenges faced by the personal care pigment industry. Higher raw material, technology and equipment costs are also one of the main limiting factors. Second, rapid innovation in safer products and care products, easily available counterfeit products, and fierce competition among suppliers in different product categories are several key challenges that have hindered market growth.

Opportunities

As people's demand for care products continues to escalate, their awareness of health is getting stronger, and the use of organic pigments is becoming more widespread. Many companies are already in the field of organic pigments and surface treatment pigments. Second, manufacturers should develop good marketing strategies. Actively strengthen cooperation with personal care companies, and continuously carry out product innovation and combination to further expand market share. Product upgrades and innovations are development opportunities that companies must seize.

Region Overview:

Geographically, Europe held the largest market share – 29.35% in 2022.

Company Overview:

Symrise is one of the major players operating in the Personal Care Pigments market, holding a share of 10.89% in 2023.

Symrise

Symrise AG is a diversified chemical manufacturer. The Company produces perfume oils, fragrance bases, cosmetic raw materials and ingredients, plant extracts, aroma chemicals, flavorings, fruit powders, and seasonings. Symrise's customers manufacture fragrances, cosmetics, soaps, hair care products, detergents, household products, foods, beverages, and pharmaceuticals.

BASF

BASF SE is a chemical company. The Company operates in six segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas. BASF offers products for the chemical, automotive, construction, agriculture, oil, plastics, electrical, electronics, furniture, and paper industries, and provides a range of system solutions and services.

Segmentation Overview:

Among different product types, Water-soluble Pigment segment is anticipated to contribute the largest market share in 2028.

Water-soluble Pigment

Water-soluble pigments can dissolve or dilute the pigments with water, giving intense coloration to surfactant-based formulations in personal care products. They are highly stable and dedicated to mass-market products.

Oil-soluble Pigment

Oil-soluble pigments bring bright and natural colors to oily formulations. Commonly used in hair oils and perfumes.

Application Overview:

By application, the Skincare segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Personal Care Pigments market covered in Chapter 3:

Lanxess
Shanghai Yipin Pigments
Kobo Products
Sensient Cosmetic
Sudarshan
BASF
ECKART Effect Pigments
Huntsman (Venator)
Neelikon
Miyoshi Kasei
Clariant
Symrise
Sun Chemicals

In Chapter 4 and Chapter 14.2, on the basis of types, the Personal Care 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 Personal Care Pigments market from 2018 to 2029 covers:

Skincare
Haircare
Oral Care

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)