Global Cosmetic Pigments and Dyes Market to Grow at a CAGR over 8.49% from 2018 to 2025

Researchstore.biz launched a study titled “Global Cosmetic Pigments and Dyes Market by Composition (Organic Pigments, Inorganic Pigments, Oil Soluble Colours, Water Soluble Colours), Type (Dyes, Pigments), Technology (Pigment Dispersion, Surface Treatments) Application (Facial Makeup, Eye Makeup, Lip Products, Hair Color Products, Nail Products, Special Effect & Special Purpose Products, Others), Region (North America, Europe, Asia Pacific, South America and Middle East and Africa)” and Global Forecast 2018-2025.

The global cosmetic pigments and dyes market is expected to grow from USD 476.12 Million in 2017 to USD 913.76 Million by 2025 at a CAGR of 8.49% during the forecast period from 2018-2025. Major drivers that fuel the growth of cosmetic pigments and dyes market are:

High demand in cosmetic and personal care applications
Focus on maintaining good lifestyle
Adoption of anti-aging skin care products

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Market Summary:

The expanding shopper enthusiasm for the cosmetic items, for example, cosmetics, body care items, hair care items is one of the predominant factor for the growth of cosmetic pigments and dyes market. As these products helps in upgrading the magnificence of people the users of cosmetic pigments and dyes are increasing day by day. The use of cosmetic pigments and dyes are not only for human but also for other applications such as textile, paints & coatings, plastics, construction, printing inks, and among others. The increasing trends for the new and unusual textile colours and consumer spending is also the leading the market growth.

High demand in cosmetic and personal care applications and focus on maintaining good lifestyle to drive cosmetic pigments and dyes market:

High demand in cosmetic and personal care applications, focus on maintaining good lifestyle, and adoption of anti-aging skin care products are the key driving factors for the cosmetic pigments and dyes market. In addition, rising interests of people across the globe for beauty and skincare treatments will lead the growth of cosmetic pigments and dyes market in couple of years. The stringent protocols and high prices of raw materials for manufacturing products may limit the growth of market. However, increasing demand for environment-friendly products is expected to boost the cosmetic pigments and dyes market over the forecast period.

Segmentation Analysis:

The global cosmetic pigments and dyes market is segmented on the basis of composition, type, technology, application, and regions.

Pigments segment is expected to hold the largest share of 56.68% during the forecast period
Type segment includes dyes and pigments. Pigments segment is anticipated to grow with highest CAGR over the forecast period. Here, contributing factors are increasing demand of cosmetic pigments and dyes devices, increasing preferences for environment-friendly products, and rising interest towards maintaining a youthful look.

Organic pigments segment valued around USD 134.46 Million in 2017
Composition segment is divided into organic pigments, inorganic pigments, oil soluble colours, and water soluble colours. Organic pigments segment is anticipated to grow with highest CAGR as it is most preferred by both men and women due to the presence of aromatic hydrocarbons that are good for skin and are also cost-effective.

Regional Segmentation Analysis:
The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. Europe region valued USD 140.41 Million in 2017. The high living standard and increase in the consumption of various cosmetic and dye products are leading factors for the growth of cosmetic pigments and dyes market in this region.

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Competitive Analysis:
The major players for cosmetic pigments and dyes market include Sun Chemical, Sudarshan Chemical Industries, Kobo Products, BASF, Clariant, Geotech, LANXESS, Merck Performance Materials, Sensient Cosmetic Technologies, Eckart, Sensient Cosmetic Technologies, Toshiki Pigment, Miyoshi Kasei, Kolortek, and among others.

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