Cosmetic Pigments Market to Reach USD 1550.26 Million by
From GlobeNewswire: 2025-04-25 10:15:00
The Cosmetic Pigments Market was valued at $788.59 million in 2023, expected to reach $1550.26 million by 2032 with a CAGR of 7.80%. Consumer demand and innovation are driving growth, with a focus on non-toxic and eco-friendly products. The US and Asia Pacific dominate the market, with North America showing the fastest growth due to consumer preferences for sustainable beauty.
Inorganic pigments dominated the market in 2023, with a 68% share, known for their stability and safety. Surface treated pigments held a 36% share, offering better color pay off. Facial makeup was the top application in 2023, with a 25% market share. The rising demand for natural and clean beauty products is boosting the market growth.
Recent developments include Sun Chemical launching new cosmetic effect pigments and Debut Biotechnology producing an animal-free carmine red pigment. Asia Pacific holds a 42% market share in 2023, driven by increasing consumer base and demand for premium cosmetic products. North America is the fastest-growing region, focusing on performance-driven and sustainable cosmetics.
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