Cosmetic grade color additives are synthetic dyes or pigments used across a wide range of cosmetic products including foundations, lipsticks, blushes, eyeshadows, nail polishes and more. These color additives offer greater stability and consistency in formulation along with longer shelf life. They impart natural looking colors and textures to cosmetic products while being safe for skin and hair. The global cosmetic grade color additives market is estimated to be valued at US$ 322.1 Bn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market Opportunity:
The opportunity for new product development in the cosmetic grade color additives market is encouraging more market players to invest in R&D activities. With the rise of customizable cosmetics and demand for natural ingredients, companies are developing color additives derived from natural sources such as fruits, vegetables and botanicals. They are also exploring nano-pigment technology to create highly pigmenting colors requiring very small amounts. Development of multifunctional color additives with benefits such as moisturizing, anti-ageing, sun protection etc. is another area attracting interest.
Porters Analysis
Threat of new entrants: New entrants face high capital requirements for R&D, manufacturing, marketing and distribution. Established brands have high customer loyalty which creates barriers.
Bargaining power of buyers: Buyers have high bargaining power due to the availability of substitutes and differentiated products from various manufacturers. Buyers can negotiate on price and demand high quality.
Bargaining power of suppliers: Suppliers have moderate bargaining power due to the availability of substitute raw materials. Suppliers are dependent on a few big buyers.
Threat of new substitutes: Threat is moderate as new alternative ingredients and new technology can disrupt the market.
Competitive rivalry: Intense competition exists among key players to gain market share through product innovation, brand promotion and quality.
SWOT ANALYSIS
Strengths: Growing cosmetic industry drives demand. Strong brand image and loyal customer base for major players.
Weaknesses: High R&D and marketing costs. Strict regulations regarding ingredients and claims. Supply chain disruptions affect production.
Opportunities: Expanding middle class in emerging nations boosts cosmetic usage. Innovative ingredients attract new customers.
Threats: Competition from local manufacturers. Economic slowdowns lower discretionary spending. Regulations regarding sustainability and animal testing.
Key Takeaways
The global Cosmetic Grade Color Additives Market scope is expected to witness high growth during the forecast period of 2024 to 2031. The market size for 2024 is estimated to be US$ 322.1 Bn with a CAGR of 13.%.
North America dominates due to large consumer base, high spending on personal care. Asia Pacific shows fastest growth led by China and India driven by growing middle class, increasing spending on Premium products.
Key players
operating in the Cosmetic Grade Color Additives market are Intuitive Surgical, Think Surgical, Asensus Surgical US, Inc., Zimmer Biomet, Stryker, Smith & Nephew, Novus Health Products, and Medtronic. Intuitive Surgical dominates the surgical robots market with widespread global presence andDa Vinci systems.
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The global Color Cosmetics Market stood at USD 57.4 Billion in 2014 and it is expected to reach USD 77.7 Billion in 2020 with a CAGR of 5.7%.Browse 63 tables and 46 figures spread through 156 Pages and in-depth TOC on "Color Cosmetics Market".Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=159636154Color cosmetics refer to the colorants and cosmetic ingredients that are used for make-up, personal hygiene, skin care, hair care, fragrance, and oral care.
The color cosmetics are identified on the basis of their target market that is prestige products and mass products.
The prestige products offer intensive care and better results than the mass products but are slightly expensive than the mass products.However, the inclination of the consumers towards prestige products is projected to increase in the next five years.
The color cosmetics market has wide applications such as nail products, lip products, eye make-up, facial make-up, hair color products, and others.
The consumer demand for color cosmetics is projected to witness growth due to progressive category innovations and the consumers’ willingness to experiment.The market segmentation and value forecast is made on the basis of key regions, which are North America, Europe, Asia-Pacific, and Rest of the World (RoW).
This industry is highly dynamic which demands product differentiation and the manufacturers experiment with new textures and formats to survive in the competitive market.Request a Free Customization @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=159636154The facial make-up market is registering fast growth and manufacturers are creating foundations that incorporate light-capturing crystals.
The research report includes specific segments by region (country), by company, by Type and by Application.
This study provides information about the sales and revenue during the historic and forecasted period of 2015 to 2026.
Understanding the segments helps in identifying the importance of different factors that aid the market growth.Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/62014/global-cosmeticgrade-inorganic-pigments-2020-292Segment by Type, the Cosmetic-grade Inorganic Pigments market is segmented into:Iron Oxide RedIron Oxide YellowIron Oxide BlackOtherSegment by Application:Facial Make-UpLip ProductsEye Make-UpNail ProductsOthersGlobal Cosmetic-grade Inorganic Pigments Market: Regional AnalysisThe Cosmetic-grade Inorganic Pigments market is analysed and market size information is provided by regions (countries).
The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type and by Application segment in terms of sales and revenue for the period 2015-2026.The key regions covered in the Cosmetic-grade Inorganic Pigments market report are:North AmericaU.S.CanadaEuropeGermanyFranceU.K.ItalyRussiaAsia-PacificChinaJapanSouth KoreaIndiaAustraliaTaiwanIndonesiaThailandMalaysiaPhilippinesVietnamLatin AmericaMexicoBrazilArgentinaMiddle East & AfricaTurkeySaudi ArabiaU.A.EGlobal Cosmetic-grade Inorganic Pigments Market: Competitive AnalysisThis section of the report identifies various key manufacturers of the market.
It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market.
Fact.MR has published a new research report on global market sizes, upcoming industry trends and growth opportunity through 2019-2029 to its online database that tries to unveil the various scenarios prevailing in the natural food color additives market.
With the growing awareness of the masses towards using clean label products, the usage of natural food color additives has been gaining traction.
The key factors affecting the natural food color additives market are the increasing downstream demand and consumer health consciousness.
The rules and regulations regarding the chemical content limits have become stringent and have been heavily imposed by various governments.
This will help garner significant demand for natural food color additives in the forecast period.
Manufacturing companies are replacing synthetic or artificial colors with natural food color additives.
