Mineral Cosmetics Market - Forecast(2024 - 2030)

Report Code: CPR 12488 Report Format: PDF + Excel

Mineral Cosmetics Market Overview

Mineral Cosmetics Market size was valued at $2,978 million in 2020 and is anticipated to reach $5,143 million by 2026, growing at a CAGR of 6.0% during the forecast period 2021-2026. The mineral cosmetics market growth rate is attributed to the rising need to reduce medication errors and development of automated systems with improved features and is anticipated to create new opportunities. Mineral cosmetics are cosmetics that are made up of compressed minerals such as zinc oxide, titanium dioxide, iron oxides, etc. Some mineral products are made entirely of mineral, with no wax or oil additives. Mineral products have improved coverage with less makeup, do not settle into wrinkles or fine lines, and are safe to use after injectable procedures such as dermal fillers, Botox, and other injectable treatments. Mineral cosmetics contain certain minerals that are considered to be beneficial to the skin; however, scientific debates about their effects on the skin have erupted. Any mineral with a high content of lead, for example, can cause serious skin damage or reactions. Moreover, the main reason 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 2021-2026.

Report Coverage

The report: “Mineral Cosmetics Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Mineral Cosmetics Market:
By Product Type: Face Cosmetics, Lip Cosmetics, Eye Cosmetics and Others.
By Mineral Type: Iron Oxides, Zinc Oxide, Mica Powders, Titanium Dioxide, Organic Oils and Others.
By End Users: Offline and Online.
By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC (China, Japan, India, South Korea, Australia and Others), South America(Brazil, Argentina and Others) and RoW (Middle East and Africa).

Key Takeaways

  • North America dominated the Mineral Cosmetics market with a share of 35.16% in the year 2020.        
  •  The factors such as growing demand for natural skincare products, growth in e- commerce industry are amongst the major factor projected to impel growth of Mineral Cosmetics market.
  • Additionally, factors such as millennials and young consumers are attracted to the product through crucial social media marketing platforms and rising concern among women about appearance are to create opportunities paving a way for the growth in the market during forecast period 2021-2026.
Global Mineral Cosmetics Market, By Mineral Type 2020(%)

Global Mineral Cosmetics Market

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Mineral Cosmetics Market Segment Analysis - By Product Type

In 2020, on the basis of product type, face cosmetics segment accounted for the largest segmental revenue of the mineral cosmetics market. The face cosmetics segment held the largest market on account of the fact that the increasing working women population size has been fueling demand for face care products thereby, positively impacting the segment growth. Furthermore, the long-lasting and inbuilt Sun Protection Factor (SPF) features of these natural makeups have made them popular among consumers. Key face products include foundation, face powder, concealer, bronzer, and blush.
On the contrary, lip cosmetics segment is projected to witness healthy growth throughout the forecast period 2021-2026 with a CAGR of 6.89%. The prime factors supplementing the growth of this segment owing to the increasing purchasing power of female consumers as a result of the rising number of working women in developing economies such as China and India is anticipated to raise the demand for premium lip products in the near future, which is to continue drive the segment growth in the forecast period 2021-2026. Furthermore, social media and beauty blogs have been encouraging consumers to experiment with new textures and colors in lip products. Apart from this, lip colors including nude, pink, and peach have gained significant popularity across the globe, which is anticipated to further fuel the segment growth.

Mineral Cosmetics Market Segment Analysis - By Distribution Channel

On the basis of distribution channel, offline segment accounted for the largest segmental revenue of the mineral cosmetics market in 2020 owing to the fact that the majority of consumers still prefer to buy cosmetics from pharmacy chains and health and beauty retailers as these stores allow consumers to verify the quality of products before buying them. Furthermore, an increasing number of supermarkets and hypermarkets in the emerging economies including China, India, Bangladesh, and Brazil have boosted the offline distribution of products over the years. Moreover, manufacturers have been teaming up with regional and local retail chains in order to expand their market reach in each region.
On the other hand, online segment is projected to dominate over the forecast period 2021-2026 with a CAGR of 6.5%. The online is to witness healthy growth owing to continuous advancement of the e-commerce industry that has been driving the online sale of the products worldwide. Cosmetics products is one of the most popular items bought through e-commerce channel. In addition, the rapidly growing number of smartphone users in developing nations including India and China is projected to fuel the growth of e-commerce in the upcoming years. All these factors are to drive the segmental market growth.

Mineral Cosmetics Market Segment Analysis - By Geography

North America is the major region dominating the mineral cosmetics market with a market share of 35.2% in the year 2020. This can be attributed to the rising consumer awareness about the harmful effects of chemical-based personal care products has propelled the demand for natural cosmetics in North America. A shift of preference towards natural and organic beauty products, particularly in the U.S., fosters the growth of the market. Additionally, the 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 thereby, aiding the regional market growth. 
However, Asia-Pacific is projected to be the significant-growing market during the forecast period 2021-2026 owing to consumer outrage over artificial products, increase in internet penetration, improvement in lifestyle, and rise in health awareness fosters the growth of the market in the region. Apart from this, the growing number of working women is fueling the demand for CC (Color Correcting) and BB (Blemish Balms) creams in this region. The increasing penetration of international brands in emerging economies has been affecting the market for mineral cosmetics positively.

Mineral Cosmetics Market Drivers

Increasing Demand for Various Natural Beauty Products

The mineral cosmetics market is poised to receive upswing owing to increasing demand for various natural beauty products and is the major factor driving growth of the global mineral cosmetics market. Owing to this fact, manufacturers have been focusing on introducing new makeup products, which are made of various natural minerals such as iron oxides, zinc oxide, organic oils, mica powder, and titanium dioxide. Apart from this, various ingredients in natural mineral products including zinc oxide and titanium dioxide protect skin from harmful UV rays. This benefit of the product is poised to further drive demand for the product in the global mineral cosmetics market.

Advancement of The E-Commerce Industry

The rapid worldwide expansion of e-commerce has fuelled the availability of various mineral cosmetics. Moreover, owing the COVID -19 outbreaks, the market has been experiencing a positive impact. This can be attributed to the increasing infection rate worldwide. Therefore, the leading manufacturing firms use digital marketing techniques to market their product, which is acting as a driver to adapt the mineral cosmetics to overcome the infection rate.

Mineral Cosmetics Market Challenges

High Cost Of The Product

Despite several drivers, high cost of the product and dearth of awareness among population is anticipated to hinder the growth of the global Mineral Cosmetics market during the forecast period 2021-2026. However, growing purchasing power of consumers makes them spend on purchasing premium natural personal care products, which is to further drive growth of the market over the forecast period 2021-2026.

Mineral Cosmetics Market Landscape

Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Mineral Cosmetics Market. In 2020, mineral cosmetics market share is fragmented by the top ten players present in the market. Mineral Cosmetics Market top 10 companies are Glo Skin Beauty, L'Oreal, Mineralissima mineral makeup, REVLON, Shiseido, Clariant, ECKART, Merck, BASF, Neelikon and others.

Acquisitions/Product Launches

  • In August 2019, Iredale Cosmetics, Inc. launched a new foundation, Beyond Matte Liquid Foundation. It is a matte liquid foundation, which works as a primer, foundation, and concealer.

Relevant Reports:

Report Code: FBR 81638

Report Code: FBR 0360

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1. Mineral Cosmetics Market - Overview
    1.1 Definitions and Scope
2. Mineral Cosmetics Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product Type
    2.3 Key trends by Distribution Channel
    2.4 Key trends by Geography
3. Mineral Cosmetics Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Mineral Cosmetics Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Mineral Cosmetics Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Mineral Cosmetics Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Mineral Cosmetics Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8.  Mineral Cosmetics Market – By Product Type (Market Size –$Million/$Billion)
    8.1 Face Cosmetics
        8.1.1 Foundations
        8.1.2 Concealers
        8.1.3 Primers
        8.1.4 Blushers
        8.1.5 Bronzers
        8.1.6 Highlighters
    8.2 Lip Cosmetics
        8.2.1 Lipsticks
        8.2.2 Lip-glosses
        8.2.3 Lip Liners
    8.3 Eye Cosmetics
        8.3.1 Eye Shadow
        8.3.2 Eyeliner - Mascara
        8.3.3 Eyebrows
    8.4 Others
9. Mineral Cosmetics Market - By Mineral Type (Market Size –$Million/$Billion)
    9.1 Iron Oxides
    9.2 Zinc Oxide
    9.3 Mica Powders
    9.4 Titanium Dioxide
    9.5 Organic Oils
    9.6 Others
10. Mineral Cosmetics Market - By Distribution Channel (Market Size –$Million/$Billion)
    10.1 Offline
        10.1.1 Retail Distribution
        10.1.2 Beauty Centre & Spas
    10.2 Online
11. Mineral Cosmetics Market - By Geography(Market Size –$Million/$Billion)
    11.1North America
        11.1.1 U.S.
        11.1.2 Mexico
        11.1.3 Canada
    11.2 Europe
        11.2.1 U.K.
        11.2.2 France
        11.2.3 Germany
        11.2.4 Russia
        11.2.5 Italy
        11.2.6 Spain
        11.2.7 Rest of Europe
    11.3 Asia Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Others
    11.5 Rest of the World
        11.5.1  Middle East
        11.5.2  Africa
        11.5.3  South America
12. Mineral Cosmetics Market - Entropy
13. Mineral Cosmetics Market – Industry/Segment Competition Landscape Premium
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
        13.1.4 Best Practices for Companies
14. Mineral Cosmetics Market – Key Company List by Country Premium Premium
15. Mineral Cosmetics Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global MINERAL COSMETICS MARKET, BY PRODUCT Market 2019-2024 ($M)
1.1 Face cosmetics Market 2019-2024 ($M) - Global Industry Research
1.2 Lips cosmetics Market 2019-2024 ($M) - Global Industry Research
1.3 Eye cosmetics Market 2019-2024 ($M) - Global Industry Research
2.Global MINERAL COSMETICS MARKET, BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
2.1 Retail distribution Market 2019-2024 ($M) - Global Industry Research
2.2 E-commerce Market 2019-2024 ($M) - Global Industry Research
2.3 Beauty centers spas Market 2019-2024 ($M) - Global Industry Research
2.4 LAMEA Market 2019-2024 ($M) - Global Industry Research
2.4.1 Rest Of LAMEA Market 2019-2024 ($M)
3.Global MINERAL COSMETICS MARKET, BY PRODUCT Market 2019-2024 (Volume/Units)
3.1 Face cosmetics Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Lips cosmetics Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Eye cosmetics Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global MINERAL COSMETICS MARKET, BY DISTRIBUTION CHANNEL Market 2019-2024 (Volume/Units)
4.1 Retail distribution Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 E-commerce Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Beauty centers spas Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 LAMEA Market 2019-2024 (Volume/Units) - Global Industry Research
4.4.1 Rest Of LAMEA Market 2019-2024 (Volume/Units)
5.North America MINERAL COSMETICS MARKET, BY PRODUCT Market 2019-2024 ($M)
5.1 Face cosmetics Market 2019-2024 ($M) - Regional Industry Research
5.2 Lips cosmetics Market 2019-2024 ($M) - Regional Industry Research
5.3 Eye cosmetics Market 2019-2024 ($M) - Regional Industry Research
6.North America MINERAL COSMETICS MARKET, BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
6.1 Retail distribution Market 2019-2024 ($M) - Regional Industry Research
6.2 E-commerce Market 2019-2024 ($M) - Regional Industry Research
6.3 Beauty centers spas Market 2019-2024 ($M) - Regional Industry Research
6.4 LAMEA Market 2019-2024 ($M) - Regional Industry Research
6.4.1 Rest Of LAMEA Market 2019-2024 ($M)
7.South America MINERAL COSMETICS MARKET, BY PRODUCT Market 2019-2024 ($M)
7.1 Face cosmetics Market 2019-2024 ($M) - Regional Industry Research
7.2 Lips cosmetics Market 2019-2024 ($M) - Regional Industry Research
7.3 Eye cosmetics Market 2019-2024 ($M) - Regional Industry Research
8.South America MINERAL COSMETICS MARKET, BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
8.1 Retail distribution Market 2019-2024 ($M) - Regional Industry Research
8.2 E-commerce Market 2019-2024 ($M) - Regional Industry Research
8.3 Beauty centers spas Market 2019-2024 ($M) - Regional Industry Research
8.4 LAMEA Market 2019-2024 ($M) - Regional Industry Research
8.4.1 Rest Of LAMEA Market 2019-2024 ($M)
9.Europe MINERAL COSMETICS MARKET, BY PRODUCT Market 2019-2024 ($M)
9.1 Face cosmetics Market 2019-2024 ($M) - Regional Industry Research
9.2 Lips cosmetics Market 2019-2024 ($M) - Regional Industry Research
9.3 Eye cosmetics Market 2019-2024 ($M) - Regional Industry Research
10.Europe MINERAL COSMETICS MARKET, BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
10.1 Retail distribution Market 2019-2024 ($M) - Regional Industry Research
10.2 E-commerce Market 2019-2024 ($M) - Regional Industry Research
10.3 Beauty centers spas Market 2019-2024 ($M) - Regional Industry Research
10.4 LAMEA Market 2019-2024 ($M) - Regional Industry Research
10.4.1 Rest Of LAMEA Market 2019-2024 ($M)
11.APAC MINERAL COSMETICS MARKET, BY PRODUCT Market 2019-2024 ($M)
11.1 Face cosmetics Market 2019-2024 ($M) - Regional Industry Research
11.2 Lips cosmetics Market 2019-2024 ($M) - Regional Industry Research
11.3 Eye cosmetics Market 2019-2024 ($M) - Regional Industry Research
12.APAC MINERAL COSMETICS MARKET, BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
12.1 Retail distribution Market 2019-2024 ($M) - Regional Industry Research
12.2 E-commerce Market 2019-2024 ($M) - Regional Industry Research
12.3 Beauty centers spas Market 2019-2024 ($M) - Regional Industry Research
12.4 LAMEA Market 2019-2024 ($M) - Regional Industry Research
12.4.1 Rest Of LAMEA Market 2019-2024 ($M)
13.MENA MINERAL COSMETICS MARKET, BY PRODUCT Market 2019-2024 ($M)
13.1 Face cosmetics Market 2019-2024 ($M) - Regional Industry Research
13.2 Lips cosmetics Market 2019-2024 ($M) - Regional Industry Research
13.3 Eye cosmetics Market 2019-2024 ($M) - Regional Industry Research
14.MENA MINERAL COSMETICS MARKET, BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
14.1 Retail distribution Market 2019-2024 ($M) - Regional Industry Research
14.2 E-commerce Market 2019-2024 ($M) - Regional Industry Research
14.3 Beauty centers spas Market 2019-2024 ($M) - Regional Industry Research
14.4 LAMEA Market 2019-2024 ($M) - Regional Industry Research
14.4.1 Rest Of LAMEA Market 2019-2024 ($M)

LIST OF FIGURES

1.US Mineral Cosmetics Market Revenue, 2019-2024 ($M)
2.Canada Mineral Cosmetics Market Revenue, 2019-2024 ($M)
3.Mexico Mineral Cosmetics Market Revenue, 2019-2024 ($M)
4.Brazil Mineral Cosmetics Market Revenue, 2019-2024 ($M)
5.Argentina Mineral Cosmetics Market Revenue, 2019-2024 ($M)
6.Peru Mineral Cosmetics Market Revenue, 2019-2024 ($M)
7.Colombia Mineral Cosmetics Market Revenue, 2019-2024 ($M)
8.Chile Mineral Cosmetics Market Revenue, 2019-2024 ($M)
9.Rest of South America Mineral Cosmetics Market Revenue, 2019-2024 ($M)
10.UK Mineral Cosmetics Market Revenue, 2019-2024 ($M)
11.Germany Mineral Cosmetics Market Revenue, 2019-2024 ($M)
12.France Mineral Cosmetics Market Revenue, 2019-2024 ($M)
13.Italy Mineral Cosmetics Market Revenue, 2019-2024 ($M)
14.Spain Mineral Cosmetics Market Revenue, 2019-2024 ($M)
15.Rest of Europe Mineral Cosmetics Market Revenue, 2019-2024 ($M)
16.China Mineral Cosmetics Market Revenue, 2019-2024 ($M)
17.India Mineral Cosmetics Market Revenue, 2019-2024 ($M)
18.Japan Mineral Cosmetics Market Revenue, 2019-2024 ($M)
19.South Korea Mineral Cosmetics Market Revenue, 2019-2024 ($M)
20.South Africa Mineral Cosmetics Market Revenue, 2019-2024 ($M)
21.North America Mineral Cosmetics By Application
22.South America Mineral Cosmetics By Application
23.Europe Mineral Cosmetics By Application
24.APAC Mineral Cosmetics By Application
25.MENA Mineral Cosmetics By Application
26.Altana AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.BASF SE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Clariant, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Glo Skin Beauty, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.LOreal SA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Merck KGaA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Mineralissima Mineral Makeup, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Neelikon, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Revlon, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Shiseido Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)