Mineral Cosmetics Market Analysis Growth Factors and Dynamic Demand by 2030

It is estimated for the global mineral cosmetics market to witness growth at a CAGR of 6.6% during the forecast period of 2022 to 2030. The market witnessed growth at a healthy rate even during the previous forecast period of 2018 to 2021. Shifting consumer preference for organic and natural beauty products are the factors that are driving the growth of the market during the forecast period.

Global Mineral Cosmetics Market – Overview

Increasing consciousness about physical appearance coupled with growing purchasing power in the developing economies including China, Brazil, and India is also boosting the growth of the market during the forecast period.

The rising female participation in the corporate sector on a global level is also an important factor that is estimated to boost the growth of the market during the forecast period.

Over the past few years, as compared to conventional makeup the mineral foundations have become popular among consumers as they are more beneficial for the skin. This factor is estimated to drive the growth of the market during the forecast period.

Key Market Trends

The growing popularity of online makeup tutorials and social media has been propelling the growth of facial makeup products over the world and is also a factor that is estimated to foster the growth of the market during the forecast period.

Manufacturers have been strengthening their position and expanding product lines through mergers and acquisitions and product innovation. This strategy by the market players is estimated to bring immense growth to the market.

The rising female participation in the corporate sector on a global level combined with the growing disposable income is also considered to be one of the major factors for the market growth.

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Segmental Analysis of the Market

By Product Type

•           Face Products
•           Lip Products
•           Eye Products
•           Others

It is estimated for the face products category to drive the growth of the market during the forecast period.

By Distribution Channel

•           Offline
•           Online

It is estimated for the offline category to drive the growth of the market during the forecast period.

Asia Pacific region to witness the highest growth in the market during the forecast period

North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA) are the major regions that are driving the growth of the market. Asia Pacifc region holds major share in the global mineral cosmetics market with India driving the major growth in the region as well as the world.

Competitive Landscape

Some of the prominent companies operating in the market are

•           Mineralissima Mineral Make-up
•           Glo Skin Beauty
•           Shiseido Company Limited
•           Iredale Cosmetics, Inc.
•           BWX Limited
•           L'Oreal S.A.
•           Others

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Major questions answered in this report

•           What is the growth rate of the global mineral cosmetics market?
•           What are the primary growth determinants of the market?
•           Which are the major regions constituting the geographical landscape of the market?
•           Which are the prominent companies operating in the market?

Key takeaways from the report

•           It is estimated for the global mineral cosmetics market to witness the growth at a CAGR of 6.6% during the forecast period of 2022 to 2030. The rising female participation in the corporate sector on a global level is also a important factor that is estimated to boost the growth of the market during the forecast period.
•           North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA) are the major regions that are driving the growth of the market.
•           Shifting consumer preference for organic and natural beauty products are the factors that are driving the growth of the market during the forecast period.
•           The growing popularity of online makeup tutorials and social media has been propelling the growth of facial makeup products over the world is also a factor that is estimated to foster the growth of the market during the forecast period.