According to the research report titled ‘Global Cosmetic Pigments Market Size By Elemental Composition, By Product, By Application Industry Analysis Report, Country Outlook Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’ available with Market Study Report, global cosmetic pigments market is anticipated to grow significantly during 2020-2026.
 

Industry experts claim that widespread utilization of cosmetic pigments across several applications such as haircare, lip care, eye make-up, and nail care is augmenting the growth of the global cosmetic pigments market size.
 

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For the record, pigments are solid molecules that impart nuance and color to a liquid or solid preparation. They are widely used in cosmetics as they give a unique dimension to facial features.
 

Based on elemental composition, global cosmetic pigments industry is bifurcated into organic pigments, inorganic pigments, and other. Among these, the other segment is projected to register a CAGR of 5.2% over 2020-2026.
 

With regards to product type, the report claims that special effect pigments segment is anticipated to exhibit a robust CAGR of 4% during the analysis timeframe. Unique optical effects such as multiple reflections and angle-dependent interference colors provided by special effect pigments are impelling the adoption of the product, thereby favoring the overall market outlook.
 

Moving on to application reach, global cosmetic pigments market share from haircare segment is expected to grow considerably through 2026, owing to rising adoption of natural colorants in haircare products.
 

As per the regional analysis of the report, Latin America cosmetic pigments market is estimated to register a 5.9% CAGR over 2020-2026, subsequently accounting for USD 29.35 million by the end of the study duration.
 

On the other hand, Middle East & Africa cosmetic pigments market is expected to reflect a valuation of USD 14.82 million by the end of 2026.
 

Leading players that define the global cosmetic pigments industry trends are Huntsman Corporation, Li Pigments, Koel Colours Pvt. Ltd., Lanxess AG, GEOTECH Special effect pigments, Clariant AG, Kobo Products, Inc., Sudarshan Chemical Industries Ltd., BASF SE, Sensient Cosmetic Technologies, and Sun Chemical Corporation.