Global Mineral Cosmetics Market Size By Product Type (Face Cosmetics, Lips Cosmetics, Eye Cosmetics), By Distribution Channel (Retail Distribution, E-Commerce, Beauty Centre and Spas), By Geographic Scope And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Mineral Cosmetics Market Size By Product Type (Face Cosmetics, Lips Cosmetics, Eye Cosmetics), By Distribution Channel (Retail Distribution, E-Commerce, Beauty Centre and Spas), By Geographic Scope And Forecast
Mineral Cosmetics Market Size And Forecast
Mineral Cosmetics Market size was valued at USD 3.6 Billion in 2024 and is projected to reach USD 5.21 Billion by 2031, growing at a CAGR of 5.20% during the forecast period 2024-2031.
Rising consciousness about the looks and appearance of both males and females can be one reason for the increasing popularity of mineral cosmetics. The Global Mineral Cosmetics Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Mineral Cosmetics Market Definition
Mineral cosmetics are a kind of make-up that’s composed of compressed minerals like iron oxides, zinc oxide, mica powders, titanic oxide, and organic oils. It delivers useful health results for the skin. These products are strictly natural and don’t contain any oil or wax additives. Mineral cosmetics are made using ingredients like iron, mica, titanium dioxide, and zinc oxide reduces the risk of developing allergies. They need inhibitor and inflammatory properties, that forestall skin disease, soothe unsmooth lips, minimize the looks of fine lines and wrinkles, and shield the skin from ultraviolet (UV) radiation. They’re additionally free from preservatives, artificial colors, artificial fragrances, Bi oxychloride, dyes, and parabens. As a result, they’re widely getting used within the production of non-public care and facial makeup products, like sunscreen lotions, loose powder foundation, primer, and makeup.
Creasing consciousness concerning the harmful effects of chemical-based beauty products has made up the approach for shoppers to appear for alternatives. Over the past few years, client preference has been shifting towards natural and organic care products. Mineral beauty products clog up pores and last for a protracted time. Additionally, ingredients like titanic oxide and zinc oxide work as sunscreen as they shield skin from the sun’s harmful ultraviolet illumination rays. Therefore, minerals are gaining quality among daily SPF moisturizers and makeups.
Growing demand for efficient mineral cosmetics products and rising income is the major issue fostering the expansion of the market. To boot, growing awareness concerning the aspect effects of chemical-based beauty products, growth within the e-commerce business, and rising concern among girls concerning looks, additional cushion the expansion of the market. The high value of the merchandise and the dearth of awareness among the population are expected to hamper the market’s growth.
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Global Mineral Cosmetics Market Overview
The rising demand for natural beauty products is driving the market over the globe. Several manufacturers are introducing new makeup products made from natural minerals together with flowers of zinc, iron oxides, titanic oxide, organic oils, and zinc powder. Most of those natural raw materials do not contain any wax additives or oil. The rising consciousness among people concerning the personal appearance, increasing quantitative relation of non-public income, and sounding up with the most recent trends is calculable to get growth opportunities within the long-term. The factors like skin injury or reactions caused created a challenge for the market.
Today’s cosmetics have become chock with chemicals and harmful ingredients. Rising consciousness concerning the appearance and look of each male and female is one reason for the increasing quality of mineral cosmetics. Recent trends show that everybody is moving on the mineral makeup bandwagon as it is a safe, natural, and organic product. shoppers are step by step seen to shift toward mineral cosmetics which seem to be growing unceasingly, attributed to the trends of going inexperienced with a cosmetic and increasing range of feminine are known with sensitivity or allergic problems as of the presence of artificial content.
Other factors like add-in selling, media awareness an aging baby boomer population boost the expansion at a major rate. Players are increasing their product variety to supply an opulent, superior end. Nevertheless, there’s a tangle with Bi oxychloride. Bi-oxychloride is found in the products of many brands and is not a natural product, considering this some players, particularly Mineralissima giving Bi oxychloride-free products. High R&D investments are the recent trend among mineral cosmetics producers across the globe. They are specializing in introducing new products within the market to stay within the competition, which, in turn, can considerably boost the worldwide Mineral Cosmetics Market shortly. Aside from this, the increase in government support for additional analysis in aid and cosmetics will mirror completely the market’s growth over the subsequent few years.
Global Mineral Cosmetics Market Segmentation Analysis
The Global Mineral Cosmetics Market is Segmented on the basis of Product Type, Distribution Channel, and Geography.
Mineral Cosmetics Market, By Product Type
- Face Cosmetics
- Lips Cosmetics
- Eye Cosmetics
Based on Product Type, the market is segmented into Face Cosmetics, Lips Cosmetics, and Eye Cosmetics. The face cosmetics segment is the fastest-growing sector in the product type in during the forecast period. Mineral facial cosmetic products are used to color and highlight facial features.
Mineral Cosmetics Market, By Distribution Channel
- Retail Distribution
- E-Commerce
- Beauty Centre & Spas
Based on Distribution Channel, the market is segmented into Retail Distribution, E-Commerce, and Beauty Centre & Spas. The e-commerce segment is growing with the highest CAGR during the forecast period. This is due to the growth in internet penetration and the large usage of mobile phones and e-commerce applications globally.
Mineral Cosmetics Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Geography, the Global Mineral Cosmetics Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Asia-Pacific along with North America contributed more than 50% to the global Mineral Cosmetics Market share. The Mineral Cosmetics Market in North America is driven by high purchasing power, an inclination to spend on appearance, and a high rate of penetration, leading to a saturated market over the past few years.
Key Players
The “Global Mineral Cosmetics Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as L’Oreal, Mineralissima mineral makeup, REVLON, Shiseido, Clariant, ECKART, Merck, BASF, Neelikon.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- In August 2019, Iredale Cosmetics, Inc. launched a new foundation, Beyond Matte Liquid Foundation. It is a matte liquid foundation, which works as a primer, foundation, and concealer.
Report Scope
REPORT ATTRIBUTES | DETAILS |
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STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | L’Oreal, Mineralissima mineral makeup, REVLON, Shiseido, Clariant, ECKART, Merck, BASF, Neelikon. |
SEGMENTS COVERED |
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CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
Research Methodology of Market Research
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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