The new report by Expert Market Research titled, ‘India Home and Personal Care Pigments Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the India home and personal care pigments market, assessing the market based on its segments like products and applications.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
India Home and Personal Care Pigments Market Share, Size, Price, Growth, Trends, Industry Report, Key Player, Major Segments and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 5.0%
The increasing demand for decorative cosmetics in India owing to the increasing inclination towards beauty and personal hygiene is driving the market growth. The increasing footfall in shopping malls and supermarkets owing to the increasing per capita income and rapid urbanisation is bolstering the value chain of personal care products, which is further propelling the demand for home and personal care pigments.
Over the forecast period, the anticipated increase in the number of women-workforce in the corporate is likely to increase the requirement for enhanced presentability and outlook. This factor is likely to bolster the popularity of personal care and beauty products among women, which is anticipated to boost the demand for home and personal care pigments.
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India Home and Personal Care Pigments Industry Definition and Major Segments
Home and personal care pigments are the colourants which are majorly used in decorative cosmetics and beauty products. These pigments have a high tinting capacity and can provide colour to enhance the facial make-up applications, such as foundations, creams, among others. Moreover, these pigments exhibit high temperature stability.
On the basis of product type, the market can be bifurcated into:
- Organic Pigments
- Inorganic Pigments
The product finds wide applications in the following:
- Cleaners
- Hair Care
- Deodorants
- Soaps
- Skin Care
- Others
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India Home and Personal Care Pigments Market Trends
The key trends in the home and personal care pigments market include the growing expansion of the e-commerce industry in the country, along with the aggressive branding and promotion of the major home and personal care product manufacturing companies. In addition to this, the increasing awareness about the importance of personal care is likely to generate the demand for hair and skin care products and deodorants.
Moreover, the growing research and development activities by the major cosmetic companies aimed towards developing innovative products with different colours and textures are likely to be the crucial trends in the market.
Key Market Players
The major players in the market are:
- BASF SE
- Clariant AG
- Sudarshan Chemical Industries Limited
- Huntsman Corporation
- Kiri Industries Ltd.
- Others
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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