Market Research Report
Mineral Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
|Mineral Cosmetics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026|
Published: November 10, 2021
IMARC Services Private Limited
Content info: 142 Pages
Delivery time: 2-3 business days
The global mineral cosmetics market exhibited moderate growth during 2015-2020. Mineral cosmetics are made using ingredients such as iron, mica, titanium dioxide, and zinc oxide that reduce the risk of developing allergies. They have antioxidant and inflammatory properties, which prevent acne, soothe chapped lips, minimize the appearance of fine lines and wrinkles, and protect the skin from ultraviolet (UV) radiation. They are also free from preservatives, artificial colors, synthetic fragrances, bismuth oxychloride, dyes, and parabens. As a result, they are widely being used in the production of personal care and facial makeup products, such as sunscreen lotions, loose powder foundation, primer, and mascara.
The increasing concerns about synthetic chemicals in cosmetics are shifting consumer preferences toward natural variants. This, along with the rising consciousness among individuals about personal appearance, acts as a major factor promoting the market growth. Additionally, the growing awareness about the environmental impact of artificial ingredients is encouraging leading cosmetics manufacturers to adopt sustainable raw materials in the production process. Apart from this, as the light texture of mineral cosmetics makes them suitable for everyday use and assists in keeping them on the skin for a long time, they are gaining preferences over other makeup variants. The rising demand for mineral cosmetics can also be attributed to their versatility, lightweight, and ease of use. Other factors, including the rising aging population and the desire for young and healthy skin, emerging e-commerce platforms, and the growing popularity of multi-functional products, are anticipated to impact the market growth. Looking forward, IMARC Group expects the global mineral cosmetics market to grow at a CAGR of 4.5% during the forecast period (2021-2026).