Industry Background:
Pearl powder, made up from freshwater pearls or saltwater pearls below jewellery grade. These are sterilised in boiling water and then milled into a fine powder using stainless steel grinding discs or by milling with small porcelain balls in moist conditions. The powder is sold as such or mixed into creams. The continuous growth of the cosmetic industry is anticipated in the demand of pearls powder market globally.This growth is primarily driven by Increasing Use of Pearl Powder in the Cosmetic Industry and Growing Adoption for Skin Regeneration and Moisture among Consumers.
Major Vendors, such as Osic Technology Co., Ltd. (Taiwan), Sakshi Dyes & Chemicals (India), Xian Sost Biotech Co., Ltd. (China), Xian Nahanutri Biotech Co., Ltd. (China), STS Biotech (Wuxi) Co., Ltd. (China), Shankar Dyes & Chemicals (India), Shaanxi Bolin Biotechnology Co. Ltd. (China), Luz Herbs (United States) and Shijiazhuang Yuanchem Corp. Ltd. (China) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Increasing Use of Pearl Powder in the Cosmetic Industry
- Growing Adoption for Skin Regeneration and Moisture among Consumers
Market Trend
Restraints
- Availability of Substitute
Opportunities
Growing Demand for Increasing Lifespan or Stimulating the Production of various Antioxidants and Biochemicals and Adoption of Online Platform for Selling the Products by Market Players
Challenges
Lack of Awareness and Low Adoption Rate in Underdeveloped Nations
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