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Social media trends positively impact beauty awareness in young consumers, thus driving demand for novel cosmetic colorants
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This research study covers the global market for colorants used for cosmetic applications. Colorants in this study cover synthetic and natural dyes and pigments. It also covers specific product trends related to organic pigments, inorganic pigments and dyes. Moreover, the value chain has been discussed separately for dyes and pigments in the study. The cosmetic applications refer to facial makeup, lip makeup, eye makeup, nail color and hair color applications. The cosmetic colorants market is driven by increasing consumer awareness regarding their appearance and the rising per capita expenditure on cosmetic products in the emerging economies.Asian cosmetics industry has mainly been driven by improved purchasing power and rising fashion consciousness of the population and industry players spending readily on the promotional activities to increase consumer awareness and develop their products. Improvement and strengthening of the Asian economies over the next few years will also pave the way for the cosmetic colorants market. However, with the dangers of lead-based products, steps to further phase-out this class of pigments will continue. This situation is expected to affect mostly the developing nations. Through the years 2018-2022 there will be a shift towards greater restriction in developing economies. This will be spearheaded by initiates like the World Health Organization’s International Lead Poisoning Prevention Week, and will lead to further market penetration of organic high-performance pigments. These regulatory changes are likely to hamper the market for cosmetic dyes and pigments market during the next few years. The majority of the color additives used in toiletries are dyes while the majority of those used in color cosmetics are pigments. Hence, pigments held the major share of the cosmetic colorants market. Synthetic colorants normally exhibit brighter, more intense colors than natural ones. The synthetic inorganic ones normally exhibit better stability properties to chemical and physical interactions. Preference for eco-friendly products has additionally cast responsibility on the industry to be more selective and improve the product range with greater focus on R&D. This would ensure quality and performance colorants to suit the market expectations. Lip makeup formulations use pigments as well as dyes depending upon the desired nature of the end-product. For instance, higher concentrations of pigments are used in order to achieve a glossy effect while dyes are used in higher concentrations to achieve matte effect. Hence, the rising demand for matte lipsticks is likely to boost the cosmetic dyes market during the forecast period. Product innovations in the pearlescent pigments are on the rise since, the facial makeup segment demands for a high volume of pearlescent pigments. Regulatory incentives are likely to be the most efficient method to improve the market in the emerging regions. Manufacturers believe that supportive and flexible regulatory incentives such as tax cuts and subsidised utilities for commercial scale manufacture of natural colorants. The regulatory incentives are also expected to attract market entry of newer players in natural colorants segment. In this edition the Analysis of the global cosmetic colorants market are explored in detail with emphasis on key growth factors across end-use segment, regional market trends, technology, and product innovations Research Scope This research covers the global cosmetic colorants market The study is segmented into product types such as cosmetic dyes and cosmetic pigments Key Questions This Study Will Answer What are the trends in major product types and end-use sector in the colorants market space? What are the major regulatory trends in the cosmetic colorants market? What are the key factors driving and restricting growth in this market? What are the trends in technology development? Who are the key market participants in the cosmetic colorants market spac
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