A new market assessment report on Cosmetic Pigments market brings to light a detailed statistics on the dramatic shift in the competitive landscape and business environment of the Cosmetic Pigments market for the forecast period 2019 - 2030. The comprehensive study offers an overview of the current state of development of the business as well as predicts the course of progress across different regions. A large number of factors including the major driving forces, threats and opportunities are taken into account to present an analytical picture of the industry portrayed in the report.

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Market Industry Reports (MIR) has published a new report titled “Cosmetic Pigments Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global cosmetic pigments market was valued at over US$ 500.0 Mn in 2018 and is anticipated to grow at a significant CAGR during the forecast period of 2019-2030.

The cosmetic pigments are used to impart color in several cosmetics products such as nail paints, lipsticks, nail paints, hair dyes, and eye make-up and some others. These pigments are also known to enhance consistency and texture. Cosmetic pigments are essentially those color additives that are insoluble in the medium as in the liquid or material in which they are being used. Pigments are of broadly two categories organic or inorganic pigments.
Rising demand from Cosmetic Industry
The cosmetic pigments market is driven by growing cosmetic industry. The cosmetic industry is projected to reach over US$ 25 billion by 2030. Cosmetic pigments are used in cosmetic industry to impart colors, enhance the strength and uniqueness in shades of color. The cosmetic industry is driven by rise in purchasing power of the consumer, growing interest to enhance the overall appearance and changing fashion trends. As the market for cosmetics products is witnessing growth, it will in turn support the demand for cosmetic pigments.
Read more about Cosmetic Pigments Market @ http://www.digitaljournal.com/pr/4314216

Asia Pacific Region Offers Huge Market Potential
Asia Pacific region is anticipated to witness fastest growth over the next few years. Rise in purchasing power of the consumer, adoption of western culture, improving lifestyle, and rising awareness regarding self-grooming are the factors driving the market growth. Moreover, the Asia Pacific market is also witnessing growth owing to low labor cost and easy availability of raw materials. Furthermore, ongoing R&D initiatives and technological advancement are the factors bolstering the market growth. India, China, South Korea, and Malaysia are the main economies driving the cosmetic pigments market growth in Asia Pacific region.


Key Players in Cosmetic Pigments Market
BASF SE, Clariant, Huntsman, Sensient Cosmetic Technologies, LANXESS and Kobo Products Inc. are some of the key players present in the cosmetic pigments market. To meet the rising demand and to reduce their manufacturing costs players are shifting their manufacturing base in emerging economies such as India and China. New product launches is another strategy adopted by players present in this market.
The research provides answers to the following key questions:
• Who are the key vendors in this Cosmetic Pigments market?
• What are the current and emerging trends shaping the development of the What are the key factors driving the Global Market?
• What are the challenges to Cosmetic Pigments market growth?
• What are some of the competing products in this Cosmetic Pigments market and how big of a threat do they pose for loss of market share by product substitution?
• What is the expected market size, share and development rate of the Cosmetic Pigments industry by 2030?
• What are the prominent market drivers responsible for shaping the progress of the Cosmetic Pigments market worldwide?
• What will be the Cosmetic Pigments Market size in 2030 and what will be the growth rate?

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