What Has Been the Progress and Growth of the Mineral Cosmetics Market in Recent Years?
The mineral cosmetics market has seen considerable growth due to a variety of factors.
• In the past few years, the mineral cosmetics market has expanded significantly. It is projected to increase from $3.26 billion in 2024 to $3.51 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.8%.
The surge during the historic period can be linked to a heightened awareness of health among both genders, a greater focus on mineral cosmetic products, a rise in the usage of natural components, the impact of celebrity endorsements and makeup fashions, and an increase in the demand for cruelty-free and vegan beauty products.
What Can Be Expected from the Mineral Cosmetics Market in the Coming Years?
The mineral cosmetics market is expected to maintain its strong growth trajectory in upcoming years.
• Anticipations suggest a robust surge in the mineral cosmetics market size in the forthcoming years, forecasted to reach $4.96 billion by 2029 with a compound annual growth rate (CAGR) of 9.0%.
The ascension during the predicted period is credited to the escalating awareness regarding the importance of personal aesthetics among both men and women, a rising demand for beauty products with multiple benefits, increasing disposable income among global consumers, evolving consumer preferences, and a surge in requests for sustainable and earth-friendly products. Key trends in the future period encompass advancements in mineral extraction and processing technology, the integration of skincare advantages in mineral makeup products, the adoption of clear beauty practices in mineral cosmetics industry, utilizing innovative packaging materials for sustainability, and strategic partnerships between beauty brands and influencers.
What Are the Critical Driver Fuelling the Mineral Cosmetics Market's Growth?
The growing inclination towards the use of organic and natural beauty products is projected to boost the mineral cosmetics market in the future. These organic beauty products, free from genetically modified substances and petrochemicals, are made from plant-based materials which are cultivated without the application of pesticides or fertilizers. The benefits of organic and natural beauty products, such as their skin-friendly nature, richness in nutrients, effectiveness, and sustainability, are making them increasingly popular. The Soil Association’s Organic Beauty and Wellbeing Market Report 2023 by the British Beauty Council, a UK-based association, mentioned in March 2023, that the sales in this sector were £147.6m in 2022, emphasizing the significant role of certified brands in the beauty industry. This growing tendency towards organic and natural beauty products is, therefore, affecting the mineral cosmetics market positively.
How Is the Mineral Cosmetics Market segmented?
The mineral cosmetics market covered in this report is segmented –
1) By Mineral Type: Iron Oxides, Zinc Oxide, Mica Powders, Titanium Dioxide, Organic Oils, Other Minerals Type
2) By Product: Face Products, Lip Products, Eye Products, Other Product Types
3) By Distribution Channel: Offline, Online
Subsegments:
1) By Iron Oxides: Red Iron Oxide, Yellow Iron Oxide, Black Iron Oxide
2) By Zinc Oxide: Micronized Zinc Oxide, Non-Nano Zinc Oxide
3) By Mica Powders: Natural Mica, Synthetic Mica
4) By Titanium Dioxide: Rutile Titanium Dioxide, Anatase Titanium Dioxide
5) By Organic Oils: Jojoba Oil, Coconut Oil, Argan Oil, Avocado Oil
6) By Other Minerals Type: Kaolin Clay, Talc, Bismuth Oxychloride, Sericite
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What New Trends Are Influencing the Mineral Cosmetics Market?
The primary trend gaining traction in the mineral cosmetics market is product innovation. A significant focus of main companies in this sector is to launch unique products as a strategy to solidify their market presence. For example, in October 2024, Naturals released a new organic brand for beauty, skin, and hair care called 'Pearl'. This launch saw a total of 18 new completely natural, chemical-free organic products under the Pearl brand targeted towards beauty, skin, and hair care.
Who Are the Key Players in the Mineral Cosmetics Market?
Major companies operating in the mineral cosmetics market include:
• Glo Skin Beauty
• L'Oréal SA
• Mineralissima Cosmetics BV
• Revlon Inc.
• Shiseido Company Limited
• Clariant AG
• ECKART GmbH
• Merck & Co. Inc.
• BASF SE
• Neelikon Food Dyes & Chemicals Ltd.
• Estée Lauder Companies Inc.
• Nardo’s Naturals Inc.
• Lady Burd Cosmetics Inc.
• Radical Cosmetics LLC
• Audrey Morris Cosmetics International
• MANA Products Inc.
• Avon Products Inc.
• Procter & Gamble Company
• Unilever plc
• Oriflame Holding AG
• Kao Corporation
• Bare Escentuals Beauty Inc.
• Colorescience Inc.
• Youngblood Mineral Cosmetics LLC
• Pacifica Beauty LLC
• RMS Beauty LLC
• W3LL People Inc.
• Au Naturale Cosmetics Inc.
• Inika Organic Pty Ltd.
What Is The Most Dominant Region In The Mineral Cosmetics Market?
North America was the largest region in the mineral cosmetics market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mineral cosmetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
