Mineral cosmetics are products that are primarily made of compressed minerals. There is no market-available oil or wax additives. They are healthy and good for the skin. Mineral makeup comes in various forms, including face, lips, eyes, and other cosmetics. Mineral-based cosmetics are long-lasting and do not clog pores. Components like zinc oxide and titanium dioxide act as a sunscreen by shielding skin from the sun's harmful UV rays. As a result, mineral makeup and daily SPF moisturizers are becoming increasingly popular.
According to Data Bridge Market Research, the Global Mineral Cosmetics Market is expected to undergo a CAGR of 5.15 % from 2022 to 2029.
“Changing Preference of People Can Surge the Market Growth"
Leading cosmetics manufacturers are encouraged to use sustainable raw materials in their manufacturing processes by raising awareness of the adverse environmental effects of artificial ingredients. Mineral cosmetics are also becoming more popular than other types of makeup due to the changing preferences for products like lightweight texture, which makes them suitable for everyday use and helps keep them on the skin for a long time. Additionally, the growing elderly population, the desire for youthful, healthy skin, emerging e-commerce platforms, and the rising acceptance of multi-functional products.
What restraints the growth of the Global Mineral Cosmetics Market?
“High Cost of products will limit the Market Growth Rate."
Along with the aging population and the desire for young, healthy skin, product demand has increased. However, during the projected period, the availability of substitutes and the high cost of products will be the main factors limiting the growth of the mineral cosmetics sector. In addition to higher demand, there is also a high cost of goods that most people cannot afford. Additionally, due to rising concerns, organic materials are increasingly being used. However, the high cost of organic and mineral-based products generally prevents the target market from purchasing them.
Segmentation: Global Mineral Cosmetics Market
The global mineral cosmetics market is segmented on the basis of product, type, distribution channel and category.
- On the basis of product, the mineral cosmetics market is segmented into face cosmetics, lips cosmetics, eye cosmetics, others.
- On the basis of type, the mineral cosmetics market is segmented into iron oxides, zinc oxide, mica powders, titanium dioxide, organic oils, others.
- On the basis of distribution channel, the mineral cosmetics market is segmented into retail distribution, e- commerce, beauty centre and spas.
- On the basis of category, the mineral cosmetics market is segmented into organic, inorganic.
Regional Insights: North America is expected to dominate the global mineral cosmetics market
North America dominates the market because more people are becoming aware of the adverse effects of personal products made with chemicals. North America pharmacies, specialty organic cosmetics shops, and other retail chains have seen impressive growth in the organic product segment over the past few years.
Asia-Pacific is expected to grow in 2022-2029 owing to the growing middle class and the number of working women; China, South Korea, Japan, Indonesia, and India will experience an increase in demand for goods and services. Additionally, the region's demand for CC (color correcting) and BB (blemish balms) creams is being fueled by the rising number of working women. The market for mineral cosmetics has benefited from the growing international brand presence in developing nations.
To know more about the study, visit, https://www.databridgemarketresearch.com/es/reports/global-mineral-cosmetics-market
The Prominent Key Players Operating in the Global Mineral Cosmetics Market Include:
- Glo Skin Beauty (U.S.)
- Iredale Cosmetics, Inc. (U.S.)
- BWX (U.S.)
- L’Oréal Paris (France)
- Elcompanies (Argentina)
- AHAVA, Inc.. (Israel)
- Cover FX (U.S.)
- AVON Beauty Products India Pvt Ltd (India)
- Benefit Cosmetics LLC (U.S.)
- Burt's Bees (U.S.)
- BASF SE (Germany)
- Merck KGaA (Germany)
- RJ Mineral Cosmetics (Australia)
- Mineral Fusion (U.S.)
- Youngblood Mineral Cosmetics (U.S.)
- Everyday Mineral (U.S.)
- Smmcosmetics (U.S.)
- PINNACLE COSMETICS (Canada)
- Lust Minerals (Australia)
Above are the key players covered in the report, to know about more and exhaustive list of global mineral cosmetics market companies contact, https://www.databridgemarketresearch.com/es/contact
Research Methodology: Global Mineral Cosmetics Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by dbmr research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, global vs regional and vendor share analysis. Please request analyst call in case of further inquiry.
