Cosmetic Pigments Market Size, Trends and Insights By Type (Surface Treated Pigments, Nano Pigments, Special Effect Pigments, Others), By Composition (Inorganic Pigments, Organic Pigments), By Application (Facial Makeup, Eye Makeup, Lip Makeup, Hair Dye and Hair Coloring, Nail Care, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | Asia-Pacific |
Largest Market: | Europe |
Major Players
- BASF SE
- Merck Group
- Sun Chemical Corporation
- Sensient Technologies Corporation
- Clariant International Ltd
- Others
Reports Description
Global Cosmetic Pigments Market was valued at USD 2.7 Billion in 2024 and is expected to reach USD 4.9 Billion by 2033, at a CAGR of 6.4% during the forecast period 2024 – 2033.
Cosmetic pigments are finely powdered, coloured compounds used in cosmetic formulations to add colour, shine, and other visual effects to goods including makeup, beauty products haircare, and nail care. These pigments are carefully created and produced to be suitable for use on the skin, eyes, lips, and nails.
Cosmetic Pigments Market: Growth Factors
Rising demand for specialty pigments for various skin tones
The need for specialised pigments adapted to different skin tones is a major driver of the cosmetic pigment market’s expansion. Consumers are increasingly prioritising diversity and representation in the beauty business, therefore cosmetic firms are driven to offer a diverse choice of cosmetics products that appeal to all races and skin tones.
Specialty pigments designed to complement darker skin tones, such as rich browns, deep reds, and brilliant oranges, are especially popular since they ensure that cosmetic products seem natural and beautiful on people of non-Caucasian heritage. This need is being driven by a greater awareness of diversity and a desire for products that highlight and appreciate the unique beauty of different skin tones.
Cosmetic firms that provide inclusive shade ranges and engage in R&D to produce high-quality specialised pigments capable of producing varied colour palettes are well-positioned to capitalise on this trend and suit the changing requirements of today’s multicultural consumer base.
Utilization of herbal ingredients in colour cosmetics
The use of herbal components in colour cosmetics has emerged as a major driver in the cosmetic pigment business. Consumers are increasingly looking for natural and organic alternatives to synthetic chemicals in cosmetic products, spurred by worries about their possible health effects.
Herbal compounds are an attractive alternative since they are viewed as safer, softer, and more ecologically friendly. Moreover, herbal pigments frequently provide additional skincare advantages such as antioxidant capabilities, calming effects, and nourishing features, which appeal to consumers seeking multifunctional cosmetics.
This trend has prompted cosmetic producers to add herbal extracts, botanicals, and plant-based colours into their formulations, increasing in demand for natural cosmetic pigments. As an outcome, the cosmetic pigment market is expanding significantly, with businesses spending on R&D to create new formulations that match the changing expectations of health-conscious customers while providing brilliant and long-lasting colour performance in cosmetics.
Cosmetic Pigments Market: Restraints
Maintaining the quality of products
Cosmetic pigments are subject to stringent regulatory criteria to ensure their safety and conformity with cosmetic legislation in various locations. Meeting these criteria frequently necessitates significant testing and certification procedures, which may be time-consuming and expensive for manufacturers.
Moreover, cosmetic pigments must fulfil rigorous criteria of colour consistency, purity, and stability to guarantee uniformity in cosmetic compositions and long-term performance. However, obtaining consistent quality can be difficult owing to differences in raw materials, production techniques, and environmental conditions.
Furthermore, cosmetic pigments are frequently susceptible to environmental conditions such as light, heat, and pH levels, which can reduce colour intensity or produce unwanted changes in appearance. To tackle these challenges, companies invest in advanced quality control measures such as rigorous testing procedures, process optimisation, and quality control processes to ensure that aesthetic pigments meet the highest quality and performance standards, preserving consumer trust and market dominance.
Cosmetic Pigments Market: Opportunities
Shifting consumer preference towards sustainable products
The growing customer demand for sustainable and environmentally friendly products is a major driver of growth in the cosmetic pigment industry. As customers become more conscious of environmental concerns and the impact of their shopping decisions, there is an increased demand for cosmetics made using sustainable techniques and components.
Sustainable cosmetic colours generated from natural sources such as minerals, plants, and fruits are considered safer and more ecologically friendly than synthetic pigments obtained from petrochemicals. Consumers who value transparency and ethical principles in the cosmetics they buy are increasingly favouring brands that prioritise sustainability in their product compositions and manufacturing methods.
Furthermore, legislative actions and industry norms encouraging sustainability encourage cosmetic businesses to engage in the creation and promotion of sustainable pigment alternatives. As a result, the market for sustainable cosmetic pigments is rapidly expanding as cosmetics makers attempt to fulfil the changing needs of ecologically concerned customers.
Cosmetic Pigments Market: Segmentation Analysis
Global Cosmetic Pigments market is segmented by type, composition, application, and region. Based on type, the market is classified into surface treated pigments, nano pigments, special effect pigments and others. Surface treated pigments dominated the market in 2023 with a market share of 45.1% and are expected to keep their dominance during the forecast period 2024-2033.
Surface treated pigments play an important part in boosting the cosmetic pigment market due to their improved performance and adaptability. These pigments go through surface modification methods including coating or treatment with functional ingredients, which improves dispersion, adherence, colour stability, and compatibility with diverse cosmetic formulations.
The surface treatment improves the pigments’ characteristics, resulting in greater colour intensity, homogeneity, and durability in cosmetics including lipsticks, eyeshadows, foundations, and nail polishes. Furthermore, surface treated pigments have advantages such as lowered particle agglomeration, improved skin feel, and lower skin irritation, making them widely sought after by cosmetic makers looking to fulfil customer demand for superior, long-lasting, and skin-friendly products.
As an outcome, the use of surface treated pigments fosters innovation and growth within the cosmetic industry pigment market, catering to the evolving preferences of consumers worldwide.
Based on composition, the market is classified into inorganic pigments and organic pigments. Inorganic Pigments dominated the market in 2023 with a market share of 76.5% and is expected to keep its dominance during the forecast period 2024-2033. Inorganic pigments play a crucial role in driving the cosmetic pigment market owing to their superior properties and versatility.
These pigments provide a wide spectrum of brilliant colours, great stability, and resistance to fading, making them ideal for cosmetic compositions. Inorganic pigments that include titanium dioxide, iron oxides, and ultramarines are widely used in cosmetic products including lipsticks, eyeshadows, blushes, and foundations to provide rich and long-lasting colour effects.
Furthermore, their inert nature minimises the possibility of skin irritation or allergic responses, assuring consumer safety. Furthermore, inorganic pigments frequently meet regulatory criteria and are seen as safer alternatives to some organic pigments, which contributes to their widespread use in the cosmetic sector. As a result, demand for inorganic pigments continues to increase, driving the expansion of the cosmetic pigment market globally.
Based on application, the market is classified into facial makeup, eye makeup, lip makeup, hair dye and hair colouring, nail care and others. Facial Makeup dominated the market in 2023 with a market share of 32.8% and is expected to keep its dominance during the forecast period 2024-2033.
Facial makeup is a major driver of the cosmetic pigment market owing to its extensive use and ongoing desire for novel products. With an increasing emphasis on self-expression and beauty improvement, customers want a variety of cosmetic alternatives to achieve different appearances and adapt to personal tastes.
Cosmetic pigments are essential in facial makeup formulas, giving brilliant colours, effects, and finishes that improve the look and appeal of cosmetic products including foundations, blushes, eyeshadows, and lipsticks. Furthermore, advances in pigment technology enable the creation of long-lasting, highly pigmented solutions that provide excellent colour impact and performance, meeting customer expectations of quality and efficacy.
As the cosmetic business evolves with shifting beauty trends and customer preferences, the requirement for innovative and high-quality pigment solutions in facial makeup remains strong, driving growth in the cosmetic pigment market.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 2.7 Billion |
Projected Market Size in 2033 | USD 4.9 Billion |
Market Size in 2023 | USD 2.3 Billion |
CAGR Growth Rate | 6.4% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Type, Composition, Application and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Cosmetic Pigments Market: Regional Analysis
By region, Cosmetic Pigments market is segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa. North America dominated the global Cosmetic Pigments market in 2023 with a market share of 41.3% and is expected to keep its dominance during the forecast period 2024-2033.
North America has a huge and diversified customer base, with a strong demand for cosmetics and personal care goods such as makeup, skincare, and hair care. Furthermore, North America is home to several important cosmetic businesses, creative product formulas, and trendsetting beauty influencers, all of which contribute to ongoing product innovation and market growth.
Furthermore, strict regulatory criteria for product safety and ingredient disclosure in North America enhance customer confidence and belief in cosmetic items, resulting in continuous market growth. Moreover, the region’s strong manufacturing capabilities, R&D infrastructure, and supply networks contribute to the affordability and accessibility of a diverse variety of cosmetic pigments, hence promoting market expansion in North America.
Cosmetic Pigments Market: Recent Developments
- In March 2023, Sun Chemical launched new effect pigments. It highlighted its natural colourants and components, emphasising its commitment to providing colourful and sustainable solutions to the beauty sector by relying on the industry’s widest, most extensive colour portfolio.
- In April 2024, Univar Solutions developed exclusively mica pigments and colourants used in cosmetics and personal care formulations.
- In August 2019, DIC Corporation purchased BASF’s worldwide pigments division. The purchase would enhance DIC’s portfolio as a worldwide manufacturer of pigments, including those for electronic displays, cosmetics, coatings, plastics, inks, and specialist applications, by establishing a world-class pigments supplier that gives clients an even greater choice of versatile solutions.
List of the prominent players in the Cosmetic Pigments Market:
- BASF SE
- Merck Group
- Sun Chemical Corporation
- Sensient Technologies Corporation
- Clariant International Ltd
- Kobo Products Inc.
- Sudarshan Chemical Industries Limited
- Geotech International B.V.
- LANXESS AG
- Huntsman Corporation
- ECKART GmbH
- Toshiki Pigment Corporation
- Kolortek Co. Ltd.
- Sandream Impact LLC
- Dayglo Color Corporation
- Pylam Products Company Inc.
- Chromaflo Technologies Corporation
- Koel Colours Pvt. Ltd.
- Neelikon Food Dyes and Chemicals Ltd.
- D. Bells & Co. Ltd.
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Cosmetic Pigments Market is segmented as follows:
By Type
- Surface Treated Pigments
- Nano Pigments
- Special Effect Pigments
- Others
By Composition
- Inorganic Pigments
- Organic Pigments
By Application
- Facial Makeup
- Eye Makeup
- Lip Makeup
- Hair Dye and Hair Coloring
- Nail Care
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Cosmetic Pigments Market, (2024 – 2033) (USD Billion)
- 2.2 Global Cosmetic Pigments Market: snapshot
- Chapter 3. Global Cosmetic Pigments Market – Industry Analysis
- 3.1 Cosmetic Pigments Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Rising demand for speciality pigments for various skin tones
- 3.2.2 Utilization of herbal ingredients in colour cosmetics
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Composition
- 3.7.3 Market Attractiveness Analysis By Application
- Chapter 4. Global Cosmetic Pigments Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Cosmetic Pigments Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Cosmetic Pigments Market – Type Analysis
- 5.1 Global Cosmetic Pigments Market Overview: By Type
- 5.1.1 Global Cosmetic Pigments Market Share, By Type, 2023 and 2033
- 5.2 Surface Treated Pigments
- 5.2.1 Global Cosmetic Pigments Market by Surface Treated Pigments, 2024 – 2033 (USD Billion)
- 5.3 Nano Pigments
- 5.3.1 Global Cosmetic Pigments Market by Nano Pigments, 2024 – 2033 (USD Billion)
- 5.4 Special Effect Pigments
- 5.4.1 Global Cosmetic Pigments Market by Special Effect Pigments, 2024 – 2033 (USD Billion)
- 5.5 Others
- 5.5.1 Global Cosmetic Pigments Market by Others, 2024 – 2033 (USD Billion)
- 5.1 Global Cosmetic Pigments Market Overview: By Type
- Chapter 6. Global Cosmetic Pigments Market – Composition Analysis
- 6.1 Global Cosmetic Pigments Market Overview: By Composition
- 6.1.1 Global Cosmetic Pigments Market Share, By Composition, 2023 and 2033
- 6.2 Inorganic Pigments
- 6.2.1 Global Cosmetic Pigments Market by Inorganic Pigments, 2024 – 2033 (USD Billion)
- 6.3 Organic Pigments
- 6.3.1 Global Cosmetic Pigments Market by Organic Pigments, 2024 – 2033 (USD Billion)
- 6.1 Global Cosmetic Pigments Market Overview: By Composition
- Chapter 7. Global Cosmetic Pigments Market – Application Analysis
- 7.1 Global Cosmetic Pigments Market Overview: By Application
- 7.1.1 Global Cosmetic Pigments Market Share, By Application, 2023 and 2033
- 7.2 Facial Makeup
- 7.2.1 Global Cosmetic Pigments Market by Facial Makeup, 2024 – 2033 (USD Billion)
- 7.3 Eye Makeup
- 7.3.1 Global Cosmetic Pigments Market by Eye Makeup, 2024 – 2033 (USD Billion)
- 7.4 Lip Makeup
- 7.4.1 Global Cosmetic Pigments Market by Lip Makeup, 2024 – 2033 (USD Billion)
- 7.5 Hair Dye and Hair Coloring
- 7.5.1 Global Cosmetic Pigments Market by Hair Dye and Hair Coloring, 2024 – 2033 (USD Billion)
- 7.6 Nail Care
- 7.6.1 Global Cosmetic Pigments Market by Nail Care, 2024 – 2033 (USD Billion)
- 7.7 Others
- 7.7.1 Global Cosmetic Pigments Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Cosmetic Pigments Market Overview: By Application
- Chapter 8. Cosmetic Pigments Market – Regional Analysis
- 8.1 Global Cosmetic Pigments Market Regional Overview
- 8.2 Global Cosmetic Pigments Market Share, by Region, 2023 & 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Cosmetic Pigments Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Cosmetic Pigments Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Cosmetic Pigments Market, 2024 – 2033 (USD Billion)
- 8.4 North America Cosmetic Pigments Market, by Type, 2024 – 2033
- 8.4.1 North America Cosmetic Pigments Market, by Type, 2024 – 2033 (USD Billion)
- 8.5 North America Cosmetic Pigments Market, by Composition, 2024 – 2033
- 8.5.1 North America Cosmetic Pigments Market, by Composition, 2024 – 2033 (USD Billion)
- 8.6 North America Cosmetic Pigments Market, by Application, 2024 – 2033
- 8.6.1 North America Cosmetic Pigments Market, by Application, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Cosmetic Pigments Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Cosmetic Pigments Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Cosmetic Pigments Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Cosmetic Pigments Market, by Type, 2024 – 2033
- 8.8.1 Europe Cosmetic Pigments Market, by Type, 2024 – 2033 (USD Billion)
- 8.9 Europe Cosmetic Pigments Market, by Composition, 2024 – 2033
- 8.9.1 Europe Cosmetic Pigments Market, by Composition, 2024 – 2033 (USD Billion)
- 8.10 Europe Cosmetic Pigments Market, by Application, 2024 – 2033
- 8.10.1 Europe Cosmetic Pigments Market, by Application, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Cosmetic Pigments Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Cosmetic Pigments Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Cosmetic Pigments Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Cosmetic Pigments Market, by Type, 2024 – 2033
- 8.12.1 Asia Pacific Cosmetic Pigments Market, by Type, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Cosmetic Pigments Market, by Composition, 2024 – 2033
- 8.13.1 Asia Pacific Cosmetic Pigments Market, by Composition, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Cosmetic Pigments Market, by Application, 2024 – 2033
- 8.14.1 Asia Pacific Cosmetic Pigments Market, by Application, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Cosmetic Pigments Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Cosmetic Pigments Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Cosmetic Pigments Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Cosmetic Pigments Market, by Type, 2024 – 2033
- 8.16.1 Latin America Cosmetic Pigments Market, by Type, 2024 – 2033 (USD Billion)
- 8.17 Latin America Cosmetic Pigments Market, by Composition, 2024 – 2033
- 8.17.1 Latin America Cosmetic Pigments Market, by Composition, 2024 – 2033 (USD Billion)
- 8.18 Latin America Cosmetic Pigments Market, by Application, 2024 – 2033
- 8.18.1 Latin America Cosmetic Pigments Market, by Application, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Cosmetic Pigments Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Cosmetic Pigments Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Cosmetic Pigments Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Cosmetic Pigments Market, by Type, 2024 – 2033
- 8.20.1 The Middle-East and Africa Cosmetic Pigments Market, by Type, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Cosmetic Pigments Market, by Composition, 2024 – 2033
- 8.21.1 The Middle-East and Africa Cosmetic Pigments Market, by Composition, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Cosmetic Pigments Market, by Application, 2024 – 2033
- 8.22.1 The Middle-East and Africa Cosmetic Pigments Market, by Application, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 BASF SE
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Merck Group
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Sun Chemical Corporation
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Sensient Technologies Corporation
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Clariant International Ltd
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 Kobo Products Inc.
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Sudarshan Chemical Industries Limited
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Geotech International B.V.
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 LANXESS AG
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Huntsman Corporation
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 ECKART GmbH
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Toshiki Pigment Corporation
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Kolortek Co. Ltd.
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Sandream Impact LLC
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Dayglo Color Corporation
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Pylam Products Company Inc.
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 Chromaflo Technologies Corporation
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 Koel Colours Pvt. Ltd.
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Neelikon Food Dyes and Chemicals Ltd.
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 S.D. Bells & Co. Ltd.
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 BASF SE
List Of Figures
Figures No 1 to 28
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- BASF SE
- Merck Group
- Sun Chemical Corporation
- Sensient Technologies Corporation
- Clariant International Ltd
- Kobo Products Inc.
- Sudarshan Chemical Industries Limited
- Geotech International B.V.
- LANXESS AG
- Huntsman Corporation
- ECKART GmbH
- Toshiki Pigment Corporation
- Kolortek Co. Ltd.
- Sandream Impact LLC
- Dayglo Color Corporation
- Pylam Products Company Inc.
- Chromaflo Technologies Corporation
- Koel Colours Pvt. Ltd.
- Neelikon Food Dyes and Chemicals Ltd.
- D. Bells & Co. Ltd.
- Others
FAQs
The major driver for the Cosmetic Pigments market is rising demand for specialty pigments for various skin tones and utilization of herbal ingredients in colour cosmetics.
The “Facial Makeup” had the largest share in the global market for Cosmetic Pigments.
The “Surface Treated Pigments” category dominated the market in 2023.
The key players in the market are BASF SE, Merck Group, Sun Chemical Corporation, Sensient Technologies Corporation, Clariant International Ltd, Kobo Products Inc., Sudarshan Chemical Industries Limited, Geotech International B.V., LANXESS AG, Huntsman Corporation, ECKART GmbH, Toshiki Pigment Corporation, Kolortek Co. Ltd., Sandream Impact LLC, Dayglo Color Corporation, Pylam Products Company Inc., Chromaflo Technologies Corporation, Koel Colours Pvt. Ltd., Neelikon Food Dyes and Chemicals Ltd., S.D. Bells & Co. Ltd., Others.
“North America” had the largest share in the Cosmetic Pigments Mark
The global market is projected to grow at a CAGR of 6.4% during the forecast period, 2024-2033.
The Cosmetic Pigments Market size was valued at USD 2.7 Billion in 2024.