From GlobeNewswire: 2024-11-18 06:00:00

1. The global pearl powder market is estimated to reach US$703.2 million in 2024, with an expected CAGR of 8.1% from 2024 to 2034. The market is driven by demand in cosmetics and nutraceutical industries for its aesthetic and health benefits.
2. Pearl powder is gaining popularity in the cosmetics industry due to its natural skincare properties, providing a luminous radiance to the skin. It is increasingly used in premium beauty products, emphasizing its natural and rare qualities that promote youthful-looking skin.
3. In the nutraceutical industry, pearl powder is utilized to enhance skin brightness, bone strength, and energy. As consumer interest in natural supplements grows, the market for pearl powder is expanding, despite challenges like sustainability and high production costs.
4. The US market for pearl powder is expected to reach US$101.9 million in 2024, growing at a CAGR of 8.3% through 2034. The demand for high-end beauty products, driven by consumer awareness of skincare ingredients, is a key factor contributing to this growth.
5. Leading players in the pearl powder market include Zhejiang Fenix Pharmaceutical Co., Ltd., Guangdong Yueqing Pharmaceutical Co., Ltd., and Shaanxi Sangherb Bio-Tech Co., Ltd. These companies are driving innovation in the market to meet the increasing demand for natural beauty and wellness products.
6. The pearl powder industry is seeing growth in various sectors, including health-conscious dining experiences and upscale beauty applications. Partnerships like PLAYT and Wai Yuen Tong highlight the appeal of pearl powder in modern wellness trends, while beauty brands like Lights Lacquer are incorporating it into specialized products like bridal cosmetics.

Read more at GlobeNewswire: Pearl Powder Market to Reach US$ 1,532.3 Million by 2034