US Cosmetic Pigments Market Size, Trends and Insights By Composition (Inorganic Pigments, Organic Pigments), By Type (Surface Treated Pigments, Nano Pigments, Special Effect Pigments, Others), By Application (Facial Makeup, Eye Makeup, Lip Makeup, Hair Dye and Hair Coloring, Nail Care, Others), By Technology (Pigment Dispersion, Pigment Grinding, Pigment Surface Treatment, Others), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
Study Period: | 2024-2033 |
Fastest Growing Market: | USA |
Largest Market: | USA |
Major Players
- Sun Chemical Corporation
- Sensient Cosmetic Technologies
- Merck KGaA
- BASF SE
- Eckart
- Others
Reports Description
As per the current market research conducted by the CMI Team, the US Cosmetic Pigments Market is expected to record a CAGR of 6.8% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 695.5 Million. By 2033, the valuation is anticipated to reach USD 1,257.3 Million.
The US Cosmetic Pigments market encompasses the production, distribution, and consumption of pigments used in various cosmetic and personal care products. These pigments impart color, shine, and texture to a wide range of items including lipsticks, eyeshadows, foundations, and nail polishes.
The market is characterized by a growing emphasis on product innovation, sustainability, and safety. Key players continuously introduce advanced pigment technologies to meet evolving consumer preferences and regulatory standards. Additionally, trends such as the demand for natural and organic pigments, customizable makeup solutions, and inclusivity in shade ranges contribute to the market’s dynamism and expansion.
US Cosmetic Pigments Market – Significant Growth Factors
The US Cosmetic Pigments Market presents significant growth opportunities due to several factors:
- Growing Demand for Color Cosmetics: The increasing consumer interest in color cosmetics, driven by trends like social media influence and self-expression, fuels the demand for cosmetic pigments.
- Technological Advancements: Ongoing innovations in pigment technology, including nanoparticle pigments and encapsulation techniques, enhance product performance, durability, and application, driving market growth.
- Regulatory Compliance: Stricter regulations regarding the use of safe and sustainable ingredients in cosmetics encourage the adoption of compliant pigments, stimulating market expansion.
- Rising Preference for Natural and Organic Products: Consumer awareness about health and environmental concerns propels the demand for natural and organic cosmetic pigments, driving market growth in this segment.
- Expansion of Product Portfolio: Opportunities exist for companies to diversify their product offerings by introducing specialized pigments catering to niche markets, such as vegan cosmetics or halal-certified products.
- Market Penetration in Emerging Economies: With the rising disposable income and increasing beauty consciousness in emerging economies, there’s a significant opportunity for companies to expand their presence and capture market share in these regions through strategic partnerships and distribution channels.
US Cosmetic Pigments Market – Mergers and Acquisitions
The US Cosmetic Pigments Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the US Cosmetic Pigments Market include:
- In 2024, Univar Solutions pioneered the development of exclusive mica pigments and colourants specifically designed for cosmetics and personal care formulations. These innovative products offer superior color vibrancy and versatility, meeting the diverse needs of cosmetic manufacturers and enhancing product appeal.
- In 2022, Sun Chemical expanded its color portfolio with six new plant-derived natural colourants and functional ingredients under its SunPURO® line, catering to the growing demand for natural and sustainable options in the cosmetic pigment market.
These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the US Cosmetic Pigments Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
US Cosmetic Pigments Market | Renewable Methanol Market | India Specialty Chemicals Market |
CAGR 6.8% (Approx) | CAGR 54.7% (Approx) | CAGR 4.8% (Approx) |
USD 1,257.3 Million by 2033 | USD 26.7 Billion by 2033 | USD 41,256.1 Million by 2033 |
US Cosmetic Pigments Market – Significant Threats
The US Cosmetic Pigments Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:
- Stringent Regulatory Environment: Heightened regulatory scrutiny and evolving compliance standards pose a significant threat to the US cosmetic pigments market, as non-compliant products face potential bans or restrictions, impacting market accessibility and profitability.
- Volatility in Raw Material Prices: Fluctuations in the prices of raw materials, particularly minerals and synthetic chemicals used in pigment manufacturing, can disrupt production costs and profit margins for cosmetic pigment manufacturers, posing a threat to market stability.
- Competition from Substitutes: The availability of alternative colourants and pigments, including natural extracts and plant-based dyes, presents a threat to the market share of traditional cosmetic pigments, especially as consumers increasingly prioritize natural and sustainable ingredients.
- Health and Safety Concerns: Public concerns regarding the safety and potential health risks associated with certain synthetic pigments, such as heavy metal contamination or allergic reactions, pose a threat to consumer confidence and market demand for cosmetic pigments.
- Market Saturation and Price Wars: Intense competition among market players can lead to price wars and margin erosion, particularly in mature product segments where differentiation is challenging, posing a threat to the profitability and sustainability of cosmetic pigment manufacturers.
Category-Wise Insights:
By Composition
- Inorganic Pigments: Inorganic pigments are mineral-based colourants often derived from metals or metal oxides. In the US Cosmetic Pigments Market, the trend leans towards the utilization of inorganic pigments due to their stability, brightness, and regulatory compliance. Additionally, advancements in nanotechnology have enabled the development of nano-sized inorganic pigments, offering improved dispersion and color consistency in cosmetic formulations.
- Organic Pigments: Organic pigments are carbon-based compounds synthesized from organic chemicals. In the US Cosmetic Pigments Market, there’s a growing demand for organic pigments due to consumer preferences for natural and sustainable ingredients. Trends indicate a shift towards plant-based sources and eco-friendly extraction methods to meet the rising demand for clean and green beauty products.
By Type
- Surface Treated Pigments: These pigments are coated to improve dispersion, stability, and compatibility with cosmetic formulations. Trends in the US market include growing demand for surface-treated pigments due to their enhanced performance, increased use in long-wear and waterproof cosmetics, and rising popularity in mineral makeup formulations.
- Nano Pigments: Nano pigments are ultrafine particles with unique optical properties. In the US market, trends include the adoption of nano pigments for their superior color intensity, improved texture, and enhanced skin penetration in cosmetic formulations. However, regulatory scrutiny regarding safety and potential health risks associated with nanoparticle exposure remains a concern.
- Special Effect Pigments: These pigments create unique visual effects like iridescence, shimmer, or metallic finishes. In the US market, trends include the growing popularity of special effect pigments in color cosmetics, particularly in products targeting younger demographics and social media influencers. Demand is driven by the desire for innovative and Instagram-worthy makeup looks.
- Others: This category encompasses a diverse range of pigments including natural, organic, and mineral-based options. Trends in the US market involve a shift towards sustainable and eco-friendly alternatives, with consumers seeking non-toxic, cruelty-free, and ethically sourced pigment options for their cosmetics. Additionally, there’s a rising demand for customizable pigment solutions to meet diverse consumer preferences and niche market segments.
By Application
- Facial Makeup: Cosmetic pigments used in facial makeup include foundation, blush, and bronzer, providing coverage, color correction, and contouring. Trends in the US market include the demand for lightweight, breathable formulations with skincare benefits like SPF protection and anti-aging properties.
- Eye Makeup: Pigments for eye makeup such as eyeshadows and eyeliners offer vibrant colors and long-lasting wear. Trends include the popularity of shimmer and metallic finishes, as well as the demand for cruelty-free and vegan formulations.
- Lip Makeup: Lip pigments encompass lipsticks, lip glosses, and lip liners, offering a spectrum of colors and finishes. Trends in the US market include the rise of matte and liquid lipstick formulas, along with demand for long-lasting, transfer-proof options.
- Hair Dye and Hair Coloring: Cosmetic pigments for hair dye and coloring provide vibrant, lasting color options. Trends include the demand for natural and plant-based dyes, as well as innovative formulations offering temporary or semi-permanent color effects.
- Nail Care: Pigments used in nail polish and nail art offer a range of colors and effects. Trends include the popularity of gel and hybrid polish formulations for long-lasting wear, as well as the demand for quick-dry options and nail treatments with added benefits like strengthening properties.
- Others: This category may include pigments used in body makeup, such as bronzers and body shimmer, as well as specialty products like temporary tattoos and body paints. Trends may include the demand for products with holographic or iridescent effects, as well as the use of eco-friendly and biodegradable pigments.
By Technology
- Pigment Dispersion: In the US Cosmetic Pigments market, pigment dispersion technology involves uniformly distributing pigments in a liquid medium. Trends include the adoption of advanced dispersion techniques to achieve consistent color dispersion and stability, enhancing product performance and formulation flexibility.
- Pigment Grinding: Pigment grinding technology focuses on reducing pigment particle size to achieve desired color intensity and dispersion. Current trends involve the development of energy-efficient grinding processes and equipment, as well as the use of environmentally friendly grinding media and solvents, aligning with sustainability goals.
- Pigment Surface Treatment: Pigment surface treatment techniques modify pigment surface properties to improve compatibility, dispersibility, and performance in cosmetic formulations. Trends include the use of innovative surface treatment methods such as encapsulation and coating to enhance pigment stability, color retention, and application properties, meeting consumer demands for long-lasting and high-performance cosmetics.
- Others: This category encompasses various emerging technologies and techniques in the US Cosmetic pigment market, including novel pigment synthesis methods, nanotechnology applications, and advanced analytical tools for pigment characterization. Trends focus on enhancing pigment performance, safety, and sustainability, driving innovation and differentiation in cosmetic formulations.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 695.5 Million |
Projected Market Size in 2033 | USD 1,257.3 Million |
Market Size in 2023 | USD 651.2 Million |
CAGR Growth Rate | 6.8% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Composition, Type, Application, Technology and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Country Scope | US |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Competitive Landscape – US Cosmetic Pigments Market
The US Cosmetic Pigments Market is highly competitive, with a large number of manufacturers and retailers operating in the US. Some of the key players in the market include:
- Sun Chemical Corporation
- Sensient Cosmetic Technologies
- Merck KGaA
- BASF SE
- Eckart
- Sudarshan Chemical Industries Limited
- Kobo Products Inc.
- Clariant
- Geotech International BV
- Venator Materials PLC
- Huntsman International LLC
- LANXESS
- Daito Kasei Kogyo Co. Ltd.
- Neelikon
- Elementis
- Others
These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.
New players entering the US Cosmetic Pigments market are leveraging innovation and development to establish a foothold. Companies like Colorcon Inc. and Nanobiotech are adopting cutting-edge technologies such as nanotechnology and microencapsulation to introduce novel pigment solutions.
However, the market is predominantly dominated by established key players such as BASF SE, Clariant AG, and Sun Chemical Corporation. These leaders maintain their dominance through extensive R&D investments, robust distribution networks, and a strong brand reputation, allowing them to offer a wide range of high-quality pigments and maintain significant market share.
The US Cosmetic Pigments Market is segmented as follows:
By Composition
- Inorganic Pigments
- Organic Pigments
By Type
- Surface Treated Pigments
- Nano Pigments
- Special Effect Pigments
- Others
By Application
- Facial Makeup
- Eye Makeup
- Lip Makeup
- Hair Dye and Hair Coloring
- Nail Care
- Others
By Technology
- Pigment Dispersion
- Pigment Grinding
- Pigment Surface Treatment
- Others
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 US Cosmetic Pigments Market, (2024 – 2033) (USD Million)
- 2.2 US Cosmetic Pigments Market: snapshot
- Chapter 3. US Cosmetic Pigments Market – Industry Analysis
- 3.1 US Cosmetic Pigments Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing Demand for Color Cosmetics
- 3.2.2 Technological Advancements
- 3.2.3 Regulatory Compliance
- 3.2.4 Rising Preference for Natural and Organic Products
- 3.2.5 Expansion of Product Portfolio
- 3.2.6 Market Penetration in Emerging Economies.
- 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 Composition
- 3.7.2 Market Attractiveness Analysis By Type
- 3.7.3 Market Attractiveness Analysis By Application
- 3.7.4 Market attractiveness analysis By Technology
- Chapter 4. US Cosmetic Pigments Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 US 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, collaboration, 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. US Cosmetic Pigments Market – Composition Analysis
- 5.1 US Cosmetic Pigments Market Overview: By Composition
- 5.1.1 US Cosmetic Pigments Market Share, By Composition, 2023 and 2033
- 5.2 Inorganic Pigments
- 5.2.1 US Cosmetic Pigments Market by Inorganic Pigments, 2024 – 2033 (USD Million)
- 5.3 Organic Pigments
- 5.3.1 US Cosmetic Pigments Market by Organic Pigments, 2024 – 2033 (USD Million)
- 5.1 US Cosmetic Pigments Market Overview: By Composition
- Chapter 6. US Cosmetic Pigments Market – Type Analysis
- 6.1 US Cosmetic Pigments Market Overview: By Type
- 6.1.1 US Cosmetic Pigments Market Share, By Type, 2023 and 2033
- 6.2 Surface Treated Pigments
- 6.2.1 US Cosmetic Pigments Market by Surface Treated Pigments, 2024 – 2033 (USD Million)
- 6.3 Nano Pigments
- 6.3.1 US Cosmetic Pigments Market by Nano Pigments, 2024 – 2033 (USD Million)
- 6.4 Special Effect Pigments
- 6.4.1 US Cosmetic Pigments Market by Special Effect Pigments, 2024 – 2033 (USD Million)
- 6.5 Others
- 6.5.1 US Cosmetic Pigments Market by Others, 2024 – 2033 (USD Million)
- 6.1 US Cosmetic Pigments Market Overview: By Type
- Chapter 7. US Cosmetic Pigments Market – Application Analysis
- 7.1 US Cosmetic Pigments Market Overview: By Application
- 7.1.1 US Cosmetic Pigments Market Share, By Application, 2023 and 2033
- 7.2 Facial Makeup
- 7.2.1 US Cosmetic Pigments Market by Facial Makeup, 2024 – 2033 (USD Million)
- 7.3 Eye Makeup
- 7.3.1 US Cosmetic Pigments Market by Eye Makeup, 2024 – 2033 (USD Million)
- 7.4 Lip Makeup
- 7.4.1 US Cosmetic Pigments Market by Lip Makeup, 2024 – 2033 (USD Million)
- 7.5 Hair Dye and Hair Coloring
- 7.5.1 US Cosmetic Pigments Market by Hair Dye and Hair Coloring, 2024 – 2033 (USD Million)
- 7.6 Nail Care
- 7.6.1 US Cosmetic Pigments Market by Nail Care, 2024 – 2033 (USD Million)
- 7.7 Others
- 7.7.1 US Cosmetic Pigments Market by Others, 2024 – 2033 (USD Million)
- 7.1 US Cosmetic Pigments Market Overview: By Application
- Chapter 8. US Cosmetic Pigments Market – Technology Analysis
- 8.1 US Cosmetic Pigments Market Overview: By Technology
- 8.1.1 US Cosmetic Pigments Market Share, By Technology, 2023 and 2033
- 8.2 Pigment Dispersion
- 8.2.1 US Cosmetic Pigments Market by Pigment Dispersion, 2024 – 2033 (USD Million)
- 8.3 Pigment Grinding
- 8.3.1 US Cosmetic Pigments Market by Pigment Grinding, 2024 – 2033 (USD Million)
- 8.4 Pigment Surface Treatment
- 8.4.1 US Cosmetic Pigments Market by Pigment Surface Treatment, 2024 – 2033 (USD Million)
- 8.5 Others
- 8.5.1 US Cosmetic Pigments Market by Others, 2024 – 2033 (USD Million)
- 8.1 US Cosmetic Pigments Market Overview: By Technology
- Chapter 9. US Cosmetic Pigments Market – Regional Analysis
- 9.1 US Cosmetic Pigments Market Regional Overview
- 9.2 US Cosmetic Pigments Market Share, by Region, 2023 & 2033 (USD Million)
- Chapter 10. Company Profiles
- 10.1 Sun Chemical Corporation
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Sensient Cosmetic Technologies
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 Merck KGaA
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 BASF SE
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 Eckart
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Sudarshan Chemical Industries Limited
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 Kobo Products Inc.
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 Clariant
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 Geotech International BV
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 Venator Materials PLC
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 Huntsman International LLC
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.12 LANXESS
- 10.12.1 Overview
- 10.12.2 Financials
- 10.12.3 Product Portfolio
- 10.12.4 Business Strategy
- 10.12.5 Recent Developments
- 10.13 Daito Kasei Kogyo Co. Ltd.
- 10.13.1 Overview
- 10.13.2 Financials
- 10.13.3 Product Portfolio
- 10.13.4 Business Strategy
- 10.13.5 Recent Developments
- 10.14 Neelikon
- 10.14.1 Overview
- 10.14.2 Financials
- 10.14.3 Product Portfolio
- 10.14.4 Business Strategy
- 10.14.5 Recent Developments
- 10.15 Elementis
- 10.15.1 Overview
- 10.15.2 Financials
- 10.15.3 Product Portfolio
- 10.15.4 Business Strategy
- 10.15.5 Recent Developments
- 10.16 Others.
- 10.16.1 Overview
- 10.16.2 Financials
- 10.16.3 Product Portfolio
- 10.16.4 Business Strategy
- 10.16.5 Recent Developments
- 10.1 Sun Chemical Corporation
List Of Figures
Figures No 1 to 29
List Of Tables
Tables No 1 to 2
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 |
|
|
Demand-side |
|
|
Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
|
|
Prominent Player
- Sun Chemical Corporation
- Sensient Cosmetic Technologies
- Merck KGaA
- BASF SE
- Eckart
- Sudarshan Chemical Industries Limited
- Kobo Products Inc.
- Clariant
- Geotech International BV
- Venator Materials PLC
- Huntsman International LLC
- LANXESS
- Daito Kasei Kogyo Co. Ltd.
- Neelikon
- Elementis
- Others
FAQs
The key factors driving the Market are Growing Demand for Color Cosmetics, Technological Advancements, Regulatory Compliance, Rising Preference for Natural and Organic Products, Expansion of Product Portfolio, Market Penetration in Emerging Economies.
The “Facial Makeup” had the largest share in the market for US Cosmetic Pigments.
The “Surface Treated Pigments” category dominated the market in 2023.
The key players in the market are Sun Chemical Corporation, Sensient Cosmetic Technologies, Merck KGaA, BASF SE, Eckart, Sudarshan Chemical Industries Limited, Kobo Products Inc., Clariant, Geotech International BV, Venator Materials PLC, Huntsman International LLC, LANXESS, Daito Kasei Kogyo Co. Ltd., Neelikon, Elementis, Others.
The market is projected to grow at a CAGR of 6.8% during the forecast period, 2024-2033.
The US Cosmetic Pigments Market size was valued at USD 695.5 Million in 2024.