DALLAS, April 16, 2015 /PRNewswire/ --
The report "Cosmetic Pigments Market by Type (Commodity Pigments, Special Effect Pigments, High Performance Pigments, Organic Pigments, Natural Colorants, and Pigment Dispersions), by Application (Nail Products, Lip Products, Eye Make-up, Facial Make-up, Hair Color Products, Special Effects Products, and Others), and Geography - Regional Trends & Forecast to 2019", published by MarketsandMarkets, The Global Cosmetic Pigments Market projected to register between $1.000 and $1.024 Billion by 2019, in terms of value at a CAGR of 7.0% between 2014 and 2019.
Browse 144 market data tables and 51 figures spread through 170 pages and in-depth TOC on"Cosmetic Pigments Market".
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The Global Cosmetic Pigments Market projected to register between $1.000 and $1.024 billion by 2019, in terms of value at a CAGR of 7.0% between 2014 and 2019. The report also identifies the driving and restraining factors for color pigments market with an analysis of drivers, restraints, opportunities, and strengths. The market is segmented and the value has been forecasted on the basis of important regions, such as Asia-Pacific, North America, Europe, and Rest of the World (RoW). Further, the market is segmented and the demand and value are forecasted on the basis of various key applications of color pigments, such as nail products, lip products, eye make-up, and other applications.
Innovations in cosmetic pigments market and rising consumer disposable income is leading the growth of this market in North America and Europe
One of the biggest manufacturers in the performance pigments field is Sun Chemical Corporation which is situated in the U.S. The high disposable incomes in the developed regions, and new product launches in the color pigments market has made the U.S. and the U.K. the largest markets for color pigments. U.K. has been the largest market for color cosmetic pigments in Europe that is projected to register over 20% growth in Western Europe between 2010 and 2015. The developing economies of Asia namely China and India are also projected to register high growth rate in the color cosmetic pigments market in the next five years.
The color cosmetic pigments is a flourishing market as consumers continue to explore new looks and manufacturers are producing more pleasing formulas and textures to cater to the rising demand from these consumers.
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Asia-Pacific countries such as China and India are expected to account for highest cosmetic pigments market, in terms of value, by 2019
Asia-Pacific is projected to register high growth rate in the color cosmetic pigments market in the next five years mainly due to increasing consumer incomes and rise in the awareness about personal care products in the region. The increasing consumer spending in color cosmetics, innovation of new products, rise in conscience about appearance, growing beauty and personal care industry, technological advancement in color cosmetics, and rise in demand for color cosmetics due to age related imperfections are few of the drivers of this market in the Asia-Pacific countries.
China and India, the growing economies and demographics of the Asia-Pacific region are projected to have high growth potential in the color cosmetics market in the next five years. The production and consumption of color cosmetic pigments is witnessing a shift from the U.S., Western Europe, and Japan to the developing markets of Asia, especially China and India due to low wage rate and less stringent environmental regulations. Moreover, the rise in consumer awareness and changing lifestyles of the population is leading to the growth of color pigments in India.
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Cosmetic Products Market by Type (Skin, Hair, Sun, Oral, Fragrance, Color, Soap, Bath, Shower, Personal Hygiene), Distribution Channel (Supermarket, Pharmacy, Departmental, Specialty, Direct, Internet, Salon) & Geography - Global Trends & Forecasts to 2019
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