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2019
Mineral Cosmetics Market

Mineral Cosmetics Market

by Product Type (Face Cosmetics, Lips Cosmetics, and Eye Cosmetics), and Distribution Channel (Retail Distribution, E-Commerce, and Beauty Center & Spas): Global Opportunity Analysis and Industry Forecast, 2019-2026
Update Available On-Demand

Report Code: A04914
Pages: 186
May 2019 | 8706 Views
Author(s) : Abhishek R , Roshan D
Tables: 89
Charts: 67
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Mineral Cosmetics Market Outlook - 2026

The global mineral cosmetics market size was valued at $2,105.5 million in 2019 and is expected to grow at a CAGR of 4.7% to reach $2,916.4 million by 2026. Mineral cosmetics are made up of minerals such as zinc oxide, iron oxide, titanium dioxide, ultramarine and mica. These minerals are crushed into small particles that are used in making ideal foundations and powders. Also, these minerals   offer anti-inflammatory effects and sun protection.

Mineral Cosmetics Market

The term mineral cosmetics refers to a category of face makeup including eye shadow, blush, bronzer, foundation, made with dry and loose mineral powders. One of the main reasons behind the growing popularity of mineral cosmetics is the rise in health consciousness among both men and women around the world. Furthermore, surging focus on mineral cosmetic products and escalating disposable income of the individuals are the substantial driving factors of the mineral cosmetics market during the forecast period. Moreover, changing consumer taste & preference is expected to create numerous opportunities in the near future. The lips cosmetics segment accounted for the highest share in 2019. However, the market for the face cosmetics segment is anticipated to witness lucrative opportunities throughout the forecast period. Furthermore, the global mineral cosmetics industry is driven by factors such as it helps to keep complexion clear, prevents skin irritation, can be used after facial treatment, and others. Although, high price of products, and threat from substitutes are the factors that limit the mineral cosmetic industry growth during the forecast period. However, changing consumer taste & preference is expected to create many opportunities in global mineral cosmetics market in the near future.

The mineral cosmetic market has been segmented based on product type, distribution channel and region. Based on product type, the market is divided into face cosmetics lips cosmetics, and eye cosmetics. By distribution channel, it is classified into retail distribution, e-commerce, and beauty center & spas. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Mineral Cosmetics Market by Product Type

In 2018, the lips cosmetics segment accounted for the highest share in the mineral cosmetics market. This is attributed to attention and sensitivity to formulation detail, considering the specific concerns and needs of reactive customers. This segment captured the maximum share of 43.5% in 2019.

The face cosmetics segment is estimated to be the fastest growing sector in the product type segment during the forecast period. Mineral facial cosmetics are products that are used to color and highlight facial features. They can either directly add or alter color or can be applied over a foundation that serves to make the color even and smooth. The rising trend among women regarding appearance modification, and attractiveness worldwide is anticipated to drive the market in future during the forecast period.

Mineral Cosmetics Market by Distribution Channel

Based on distribution channel, the retail distribution acquired the maximum market share of around 45.1% in 2019. This is due to the large presence of retailers and retailing stores all around the world.
The e-commerce segment is anticipated to grow with the highest CAGR of 6.7% during the forecast period (2019-2026). This is due to growth in internet penetration and large usage of mobile phones and e-commerce applications globally.

Mineral Cosmetics Market by Region

In 2018, Asia-Pacific dominated the global mineral cosmetics market. It is also expected to grow at the highest rate throughout the forecast period owing to consumer outrage over artificial products, increase in internet penetration, improvement in lifestyle, and rise in health awareness. Asia-Pacific along with North America contributed more than 60% in the global mineral cosmetics market share. The mineral cosmetics market in North America is primarily driven by high purchasing power, inclination to spend on appearance, and a high rate of penetration, leading to a saturated market over the past few years.

There is a considerable rise in disposable incomes over the past decade. The growth in global economies, changing lifestyles, rising demands of skin care products due to varying climatic conditions encourages the growth of mineral cosmetics market. A shift of preference towards natural and organic beauty products, particularly in U.S. and European countries, fosters the growth of the market. Rising demand for natural, herbal and organic beauty products creates potential opportunities for manufacturers to innovate and develop new products in accordance to consumer preferences.

The key players in the mineral cosmetics market focus on expansion as the prominent strategy to overcome competition and to maintain as well as improve their market share in the global market. The key players profiled in the report include Glo Skin Beauty, L'Oreal, Mineralissima mineral makeup, REVLON, Shiseido, Clariant, ECKART, Merck, BASF, and Neelikon.

Key Benefits for Mineral Cosmetics Market:

  • The report provides a quantitative analysis of the current mineral cosmetics market estimations, trends, and dynamics of the market size from 2018 to 2026 to identify the prevailing market opportunities.
  • The key countries in all the major regions are mapped based on the market share and mineral cosmetics market trends.
  • Porter’s five forces analysis highlights the potency of the buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis of the mineral cosmetics market segment and size assists in determining the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
  • The report includes revenue generated from the sales of the mineral cosmetics market forecast across North America, Europe, Asia-Pacific, and LAMEA.
  • The report includes the mineral cosmetics market analysis at regional as well as the global level, key players, mineral cosmetics market application areas, market size and mineral Cosmetics market growth.

Mineral Cosmetics Market Report Highlights

Aspects Details
By Product Type
  • Face Cosmetics
  • Lips Cosmetics
  • Eye Cosmetics
By Distribution Channel
  • Retail Distribution
  • E-Commerce
  • Beauty Centre & Spas
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific  (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Argentina, South Africa, Rest Of LAMEA)
Key Market Players Altana AG (ECKART), BASF SE (BASF), Clariant, Glo Skin Beauty, L’Oreal SA, Merck KGaA, Mineralissima Mineral Makeup, Neelikon, Revlon, Inc., Shiseido Company
 

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Mineral cosmetics are made up of minerals such as, zinc oxide, iron oxide, titanium dioxide, ultramarine, and mica. These minerals are crushed into small particles which is then used in making ideal foundations and powders. These minerals offer advantages such as anti-inflammatory effects and sun protection. The term mineral cosmetics refers to a category of face makeup including eye shadow, blush, bronzer, foundation, made with dry and loose mineral powders.

In 2018, the lips cosmetics segment accounted for the highest share in the mineral cosmetics market. This is attributed to attention and  sensitivity to formulation detail, considering the specific concerns of  customers. This segment captured the maximum share of 43.6% in 2018.

In 2018, by distribution channel, the retail distribution acquired the maximum market share of around 45%. This is due to the large presence of retailers and retailing stores all around the world.

In 2018, Asia-Pacific dominated the global mineral cosmetics market. It is also expected to grow at the highest rate throughout the forecast period owing to consumer outrage over artificial products, increasing internet penetration, improving lifestyle, and rising health awareness.

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