United States Cosmetic Pigments Market to Grow with a CAGR of 4.38% through 2029
Surge in research and development activities is expected to drive the United
States Cosmetic Pigments Market growth in the forecast period, 2025-2029.
According to TechSci Research report, “United
States Cosmetic Pigments Market– By Region, Competition, Forecast and
Opportunities, 2029F”, the United States Cosmetic Pigments Market
stood at USD 70.95 million in 2023 and is anticipated to grow with a CAGR of 4.38%
in the forecast period through 2029. The initiatives taken by government based on
cosmetic pigments has led to favorable market conditions for the United States
Cosmetic Pigments Market. Several factors contribute to the growth of various cosmetic
pigments market products.
Efforts have
been made to list mica-based pearlescent pigments as approved colorants for
cosmetic purposes. These pigments, known for their shimmering or
light-reflecting properties, are widely used in cosmetics to enhance their
visual appeal. Despite their popularity, the FDA has not yet officially
recognized these pigments as approved colorants, leaving room for further
evaluation and potential regulatory changes.
In response to
increased public interest and evolving government regulations, cosmetics
manufacturers are proactively exploring the development of more natural and
sustainable cosmetic pigments. This growing trend aligns with the rising demand
for environmentally-friendly products and is driven, in part, by the mounting
regulatory pressures and the government's overarching sustainability goals. By
embracing these changes, the cosmetics industry aims to enhance both the
aesthetics and the ecological impact of their products, meeting the
expectations of conscious consumers and contributing to a more sustainable
future.
The growing trend towards natural and organic cosmetics is driving the need for extensive research and development in the field of natural and mineral-based pigments. These pigments, while aiming to meet the same performance and safety standards as their synthetic counterparts, require meticulous exploration and innovation to ensure their efficacy, stability, and compatibility with various cosmetic formulations. As a result, significant investments in research and development are being made to unlock the full potential of these natural alternatives, paving the way for a more sustainable and eco-friendly future in the cosmetics industry.
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The United
States Cosmetic Pigments Market is segmented in elemental composition, application,
regional distribution, and company.
Based on its application, the facial makeup segment is projected to experience rapid growth during the forecast period. One of the primary reasons for the dominance of facial makeup in the cosmetic pigment market is the evolving consumer preference. Today's consumers, driven by a desire to enhance their natural beauty and maintain a youthful appearance, are increasingly turning to facial makeup products. These products, such as foundations, blushers, and highlighters, utilize cosmetic pigments extensively to create a flawless and radiant complexion. By providing a wide range of shades and finishes, facial makeup allows individuals to customize their look and achieve their desired beauty goals. The influence of current beauty trends cannot be underestimated when discussing the dominance of facial makeup. In today's digital age, social media platforms, beauty influencers, and online tutorials have become powerful forces in shaping beauty preferences and trends. Beauty enthusiasts are constantly inspired by the 'no-makeup' makeup look, contouring techniques, and highlighting methods showcased by influencers. These trends heavily rely on facial makeup products and techniques that utilize cosmetic pigments, leading to a surge in the demand for these pigments in the market. As a result, cosmetic companies are continuously innovating to meet the evolving needs and desires of consumers, offering a wide array of cosmetic pigments to cater to the ever-changing beauty landscape.
Based on region, North-East segment is expected to grow
during the forecast period. The Northeast region in the United States is home to a
vast consumer base with diverse beauty and personal care needs. With its large
population and varied demographics, the demand for cosmetic products is
substantial. In particular, there is a growing interest in cosmetic pigments
that offer high performance and longevity. This trend is expected to contribute
significantly to the increasing consumption of cosmetic pigments in the region.
Major companies operating in United States Cosmetic
Pigments Market are:
- Clariant AG
- Kobo Products Inc.
- Merck KGaA
- LANXESS AG
- BASF SE
- Sun Chemical Corporation
- Sensient Cosmetic Technologies
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“Growing application of cosmetic pigments in various
end user industries are key drivers of the cosmetic pigments market. Growth in
competitive landscape and presence of well-established companies in the market
who are dedicated to enhance their productivity of cosmetic pigments with every
passing year are anticipated to register an impressive growth to United States
Cosmetic Pigments Market in the forecast period.,” said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based management consulting
firm.
“United States Cosmetic Pigments Market By Elemental
Composition (Organic Pigments, Inorganic Pigments), By Application (Facial
Makeup, Eye Makeup, Lip Products, Nail Products, Special Effect & Special
Purpose Products, Others), By Region, Competition, Forecast & Opportunities, 2019-2029F”, has evaluated
the future growth potential of United States Cosmetic Pigments Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in United States Cosmetic Pigments Market.
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