Cosmetic pigments market projected to grow to $1.19 billion by 2031
Executive summary: The cosmetic pigments market is set to grow from $0.80 billion in 2026 to a projected $1.19 billion by 2031. This steady growth indicates sustained demand for colorant raw materials in the global beauty and personal care sector.
Who is involved: MarketsandMarkets, global cosmetic manufacturers.
Likely next: Analysis of specific regional demand shifts and raw material supply chain stability.
The cosmetic pigments sector is entering a phase of steady expansion, with MarketsandMarkets forecasting a CAGR of 8.2% through 2031. Starting from a 2026 valuation of $0.80 billion, this growth trajectory reflects increasing demand within the personal care industry. The report highlights a consistent upward trend for specialized chemical components in beauty products.
What's next — scenarios
Base: Steady growth (70%)
The market reaches the projected $1.19 billion mark with consistent CAGR.
- Stable consumer spending on beauty products
Upside: Rapid expansion (15%)
Accelerated growth due to surging demand in emerging markets.
- Increased penetration of color cosmetics in APAC
Downside: Regulatory slowdown (15%)
Lower CAGR due to stricter ingredient safety regulations.
- New EU bans on specific pigment components
Timeline
- — Cosmetic Pigments Market worth $1.19 billion by 2031 - Exclusive Report by MarketsandMarkets™ (PR Newswire)
Analysis — what this means
Sectors affected
- Cosmetics
- Chemical manufacturing
- Personal care
Key entities
Sources
- Cosmetic Pigments Market worth $1.19 billion by 2031 - Exclusive Report by MarketsandMarkets™ — PR Newswire
Related cases
- Global Wire and Cable Market set to reach $296.3 billion by 2031 driven by steady 5.7% CAGR
- Global Rubber Process Oil market is set to reach $3.94 billion by 2031 driven by steady industrial demand
- Tidal energy market projected to achieve nearly $0.2 billion valuation by 2031
- Laboratory mixers market set to reach $2.74 billion by 2031 driven by steady industrial growth
- Active Wound Care market projected to grow to $4.50 billion by 2031
- Appliance powder coatings market set for robust expansion toward $6.93 billion by 2031