About Mineral Cosmetic
Mineral Cosmetic consist of minerals such as iron oxides, talc, titanium dioxide, and zinc oxide. Mineral cosmetics market has high growth prospects owing to growing consumer preference for organic cosmetics products. Further, market players are focusing on marketing strategies and new product launch. In addition, growth in the online distribution channel for mineral cosmetics expected to drive the demand for mineral cosmetics over the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Number of players are present in the market hence fragmented nature of the market. Leading global players are focusing on strategic partnerships to improve their products. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product offerings. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Mineral Cosmetic market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Glo Skin Beauty (United States), L’Oréal (France), Mineralissima mineral makeup (Netherland), MacAndrews & Forbes (United States), Shiseido (Japan), Juice Beauty, Inc. (United States), Alima Pure (United States), Au Naturale (United States) and Afterglow (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are W3LL PEOPLE (United States), Kosas (United States) and Real Purity (United States).
Segmentation Overview
AMA Research has segmented the market of Global Mineral Cosmetic market by Type (Inorganic and Organic), Application (Facial Make-Up, Lip Products and Eye Make-Up) and Region.
On the basis of geography, the market of Mineral Cosmetic has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Retail will boost the Mineral Cosmetic market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Online Distribution Channel for Mineral Cosmetics and Emphasizing On Packaging and Marketing Strategy
Market Growth Drivers:
Rising Awareness about the Benefits of Natural Cosmetics and Changing Lifestyle Standard Fueled By Rise in Disposable Income
Challenges:
Lack of Awareness in the Low and Middle Income Group Countries
Restraints:
High Price Associated With Mineral Cosmetics
Opportunities:
Growing Inclination towards Premium Cosmetics Products and Rising Demand for the Organic Mineral Cosmetic
Market Leaders and their expansionary development strategies
In June 2022, Luxury Brands has acquired Youngblood Mineral Cosmetics, providing the cosmetic brand the resources to accelerate new product development, digital marketing strategies, advertising and both B2B and direct-to-consumer sales support.The acquisition will continue to ensure that the development and innovation transcend industry standards for generations to come.
In February 2024, Sweden’s favourite clean beauty brand, IDUN Minerals announces its entry into the Indian market. With a strong focus on purity, quality, and sustainability, IDUN Minerals aims to elevate beauty routines across the country.IDUN Minerals is known for its exceptional range of mineral-based makeup products. These products are carefully formulated to enhance natural beauty while nourishing the skin. In line with its commitment to inclusivity, with 22 foundation shades, the assortment offers a wide range of shades that are infused with highly purified minerals, catering to diverse skin tones.
“In the European Union (EU), the manufacture of cosmetics is governed by the EU Cosmetics Regulation (EC) No. 1223/2009). This Regulation and its amendments are directly applicable in all 27 EU countries. The previous EU Cosmetics Directive (76/768/EEC) and the UK Cosmetic Products (Safety) Regulations are repealed from 11 July 2013. The main purpose of the Cosmetics Regulation is human safety. The laws apply to products intended for sale and those given away free, as this is considered to be a commercial enterprise.”
Key Target Audience
Mineral Cosmetic Manufacturers, Mineral Cosmetic Suppliers and Distributors, Industry Associations, Research and Consulting Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.