What is Mineral Cosmetic Market?
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.
The market study is being classified by Type (Inorganic and Organic), by Application (Facial Make-Up, Lip Products and Eye Make-Up) and major geographies with country level break-up.
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 profiled in the study. Additionally, the Vendors which are also part of the research are W3LL PEOPLE (United States), Kosas (United States) and Real Purity (United States).
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. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Mineral Cosmetic market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Mineral Cosmetic market by Type, Application 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Awareness about the Benefits of Natural Cosmetics
- Changing Lifestyle Standard Fueled By Rise in Disposable Income
Market Trend
- Growing Online Distribution Channel for Mineral Cosmetics
- Emphasizing On Packaging and Marketing Strategy
Restraints
- High Price Associated With Mineral Cosmetics
Opportunities
- Growing Inclination towards Premium Cosmetics Products
- Rising Demand for the Organic Mineral Cosmetic
Challenges
- Lack of Awareness in the Low and Middle Income Group Countries
“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