Global Mineral Cosmetics Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029

“Global Mineral Cosmetics Market” is a recently produced report by MarketResearch.biz. in the report, various data and information regarding key players in the market, drivers, restraints. Key trends, growth opportunities, etc. are discussed in detail.   The global mineral cosmetics market report has been segmented on the basis of product, distribution channel, and region.

Overview

Mineral cosmetics are makeup that consists of compressed minerals as ingredients. Certain mineral products contain pure mineral, and no wax or oil additives. Benefits of mineral cosmetics include better coverage with less amount of makeup, does not settle into wrinkles or fine lines, and is safe to use after any injectable treatments such as dermal filler, Botox, etc. Some of the minerals in the mineral cosmetics are known to be beneficial for skin; however, it has stimulated scientific controversies regarding its benefits on the skin. High content of any mineral such as lead can cause severe damages to the skin or skin reactions.

Dynamics

Increasing demand for various natural beauty products is the major factor driving growth of the global mineral cosmetics market. Due 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. As any of these natural ingredients do not have any oil and wax additives, the demand for the product is expected to increase over the forecast period. Rising consciousness among consumers regarding harmful side effects of beauty products that have chemicals made consumers to go for alternatives. Consumer’s preference has been changing towards natural and organic skincare products over the past few years. Mineral beauty products last for a long time and do not clog up pores. Moreover, various ingredients in natural mineral products including zinc oxide and titanium dioxide protect skin from harmful UV rays. This benefit of the product is expected to further drive demand for the product in the global mineral cosmetics market. The rapid worldwide expansion of e-commerce has fuelled the availability of various mineral cosmetics. Companies have been expanding their geographical reach and consumer base through online platforms. Millennials and young consumers are attracted to the product through crucial social media marketing platforms. The leading manufacturing firms use digital marketing techniques to market their products. Multi-functional beauty products have been gaining traction over the past few years around the world. Due to this fact, companies are focusing on expanding the product portfolio by introducing various new products, which can treat multiple skin problems. Moreover, growing purchasing power of consumers makes them spend on purchasing premium natural personal care products, which is expected to further drive growth of the market over the forecast period.

Global Mineral Cosmetics Market Segment Analysis:

By Material: Among the product segments, the face products segment is projected to account for highest revenue share in the global mineral cosmetics market and is expected to continue over the forecast period. This growth of the segment can be attributed to growing number of working women. Inbuilt SPF and long-lasting features of the product have made the product very popular among consumers.

By Distribution Channel: The offline segment among the distribution channel segments accounts for highest revenue share in the global market, owing to its wide range of choices available for consumers in supermarkets and hypermarkets and other various retail shops.

Global Mineral Cosmetics Market Regional Analysis:

The market in North America is projected to dominate the market in terms of revenue share over the forecast period. This can be attributed to growing awareness of consumers regarding benefits of using natural products for beauty care in the region. Also, increasing inclination of consumers in the region towards adopting natural products is attributed to the growth in the regional market.

Global Mineral Cosmetics Market Segmentation: 

By Product:

• Face Products
• Lip Products
• Eye Products
• Others

 By Distribution Channel:

• Offline
• Online

 By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa