Mineral Cosmetics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019-2027
Mineral Cosmetics Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019-2027
Report Digest
Global Mineral Cosmetics Market: Snapshot
Mineral cosmetics are type of makeup products that are rich in compressed minerals. The market for these types of products holds growing demand due to more preference for safer makeup products over the traditional ones. Moreover, these products have additional health benefits over their counterparts. The push for the mineral cosmetics market stems from the increasing inclination of various companies toward offering makeup products that are rich in natural minerals. The key natural minerals involved in majority of cosmetic products available today are iron oxides, zinc oxide, organic oils, mica powder, and titanium dioxide.
Various product types in the global mineral cosmetics market are categorized into face products, eye products, lip products, and others. The research report offers detailed analysis of the key elements involved in the global mineral cosmetics market for the forecast period. Moreover, it uses diverse methodologies such as Porter’s 5 forces analysis for thorough assessment of the market.
Global Mineral Cosmetics Market: Growth Dynamics
The need for safe beauty products that do not seep into the skin of individuals has propelled the mineral cosmetics market globally. Notably, the improved knowledge on the harmful effects of chemical-based beauty products has pushed consumers to prefer alternative products made up of natural ingredients such as minerals. Moreover, the online availability of various natural beauty products has supported the market growth. In addition, the ability of various natural ingredients such as titanium dioxide and zinc oxide to protect skin from the sun’s harmful UV rays and work as sunscreen has motivated people to use these products, thereby flourishing of the global mineral cosmetics market. Furthermore, these products are daily used as SPF moisturizers and makeups.
Moreover, the increased preference for multi-functioning beauty products paves the way for the growth of the global mineral cosmetics market. In addition, the growing disposable incomes among the worldwide population has allowed them to choose from the best natural skincare products, thereby supporting the market to grow exponentially.
Global Mineral Cosmetics Market: Notable Development
In recent time, numerous key players in the market for mineral cosmetics are attempting diverse M&A processes to sustain in the cut-throat competition in the industry. For instance, BWX Limited announced the acquisition process of Mineral Fusion Natural Brands in July 2017. Moreover, various companies are attracting their consumers by introducing a range of new beauty products with natural ingredients. For instance, in January 2016, bareMinerals launched a range of anti-aging skincare products which include Skinsorials and Skinlongevity Vital Power Infusion.
Some of the well-entrenched firms in the global mineral cosmetics market are
- Glo Skin Beauty
- Mineralissima Mineral Make-up
- Iredale Cosmetics, Inc.
- Shiseido Company Limited
- Revlon, Inc.
- BWX Limited
- L'Oréal S.A.
- Ahava Dead Sea Laboratories
- Limited
- Cover FX
- The Estée Lauder Companies Inc.
Global Mineral Cosmetics Market: Regional Assessment
Developed countries have been at the forefront to support the development of the global mineral cosmetics market. In 2018, the North America region shared about 35% part of total worldwide revenues in this market. The growing awareness about the harmful effects of chemical-based beauty products has contributed to the market growth in this region.
Moreover, the mineral cosmetics market in the Asia pacific region is projected to thrive, specifically due to the progressing number of middle-class population. Besides, the increased number of working women in this region is also one of the key reason to fuel the market growth. Other regions showing positive picture of market growth include South Korea, China, Indonesia, Japan, and India. Additionally, the increasing accessibility of international brands in developing economies has boosted the market.
The study presents a granular assessment and quantitative evaluation of:
- Key growth factors and prominent trends
- Size and share of key segments in overall market
- Key challenges and winning imperatives
- Factors shaping competitive landscape
- Insights into how contours of market will change in coming years
- Technological advances
- New avenues and imminent investment pockets
- Regulatory landscape shaping current and future strategies of companies
The region-wise assessment includes market dynamics in:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
- Which key factors will shape the competitive landscape?
- Which trends will stimulate research and development activities in different geographies?
- Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
- Which disruptions in market growth are likely to come with the new business models?
- Which are some of the recent overhauls in policies that may change the course of the market significantly?
- Which are the geographies that will form sizable sources of new streams to new and established players alike?
- How are top players likely to realign their strategy to counter the forces of competition?
- Which key strategies emerging players are likely to focus on to consolidate their position?
- Which changes in end-user preferences might affect the status quo held by the leading players?
- Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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