How Big Is the Cosmetic Pigments Market | Growth Analysis 2031

Q: What is the size of the cosmetic pigments market in 2024 and projected value by 2031?

The cosmetic pigments market was valued at USD 795 million in 2024 and is projected to reach USD 1,190 million by 2031.

Q: What is the CAGR of the cosmetic pigments market during 2024–2031?

The cosmetic pigments market is expected to grow at a CAGR of 5.9% during the forecast period.

Q: What are the key trends in the cosmetic pigments market?

Key trends of cosmetic pigments market include the rise of natural pigments, growth of multifunctional products, clean-label formulations, and eco-friendly innovations.

Q: What are the major drivers of the cosmetic pigments market?

Major drivers in cosmetic pigments market include increasing demand for personal care products, growth in color cosmetics, technological advancements, and rising disposable income.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA5382

Publication Date: Jul 2025

What is the Cosmetic Pigments Market Size?

According to 6Wresearch internal database and industry insights, the Global Cosmetic Pigments Market was valued at USD 795 billion in 2024 and is anticipated to exceed USD 1190 billion by 2031, registering a steady at a CAGR of 5.9% during the forecast period.

Cosmetic pigments market is witnessing significant development driven by the rising need for colour cosmetics and personal care products. Growing consumer consciousness regarding appearance, growing disposable income, and social media have massively contributed to market growth. Additionally, the use of natural and organic pigments, technological innovations in cosmetic formulations, and rising demand for multifunctional products are further propelling the market forward.

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Major Growth Factors of the Cosmetic Pigments Market

Rising consumer interest in personal grooming
Growth of colour cosmetic applications
Shift toward organic and natural products
Expansion of e-commerce beauty platforms
Technological advancements in pigment formulation
Rising disposable income and urbanization
Increasing demand for long-lasting makeup
Global expansion of cosmetic brands

Cosmetic Pigments Market Trends

Cosmetic pigments market is anticipated to experience growth towards the use of clean-label and ethically sourced ingredients. Manufacturers are investing in advanced pigment technologies to enhance colour performance, texture, and skin compatibility. Additionally, the demand for hybrid pigments offering skincare benefits alongside aesthetics is rising. The market is also experiencing growing popularity of cruelty-free and vegan cosmetics.

Emerging Developments in the Cosmetic Pigments Market

Cosmetic pigments market is anticipated to experience innovations in nano-pigment technology, which improves coverage and durability. Companies are emphasizing biodegradable and eco-friendly pigments to align with sustainability goals. The adoption of AI and virtual try-on tools in cosmetic retail is enhancing the consumer experience and driving customized pigment solutions. Additionally, regulatory bodies are updating safety standards for synthetic pigments, prompting a shift towards safer alternatives.