By 2024, the global gemstone cosmetic powder market size is expected to be US$ 110.5 million. Sales of gemstone Cosmetic powder are predicted to expand at a 5.2% CAGR from 2024 to 2034. The demand for gemstone Cosmetic powder is expected to reach US$ 182.7 million by 2034.
The gemstone cosmetics powder market is expected to be dominated by the natural segment owing to its larger demand and high aesthetic value. The gemstone cosmetics powder owing to its versatile application in the industry is anticipated to form large revenue opportunity for the manufacturers participating in the market.
Reducing manufacturing cost and increased mining activity of key gemstone is further attributed towards the growth of the gemstone cosmetics powder market owing to the reduced final price and easy availability. The Europe and North America region is expected to dominate the gemstone cosmetics powder market owing to the presence of large-scale cosmetics and personal care manufacturing industry and wider consumer base for premium cosmetics goods.
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Reasons for Covering Gemstone Cosmetics Powder Market Title
Large-scale expansion of prime cosmetics and personal manufactures in developing regions of the Asia Pacific and Latin America has put a lot of traction over the cosmetics ingredient market owing to which gemstone cosmetics powder market is expected form a key offering as a number of players has included the ingredient in their product portfolio.
The gemstone cosmetics powder has gained its traction owing to its aesthetical value and benefits as a functional ingredient in cosmetics and the personal care product.
Increase in per capita income and penetration of major cosmetics brand into the domestic market over developing region is expected to support the growth of gemstone cosmetics powder market resulted by the increasing consumption and manufacturing of cosmetics and personal care products in the regions.
Expanding the online retail industry is expected to form a strong consumer base for the gemstone cosmetics powder products owing to the benefits of the gemstone cosmetics powder into home-based remedies.
Global Gemstone Cosmetics Powder Market: Key Players
Some of the key players operating in the global Gemstone Cosmetics Powder market are Paradigm Science Inc., Symrise AG, Akott Evolution S.R.L., The Goodfellow Group, Anglo American plc, TreelineUSA, Pacifique Sud Ingredients Z.I, etc.
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Key Product Launches in Gemstone Cosmetics Powder-Related Market
The key product launches that have been observed related to Gemstone Cosmetics Powder in the food and beverage sector:
- In 2018, Glamglowmud LLC. launched gemstone cosmetic powder infused Glowpowder highlight palette. The product included Brazilian clay and golden gemstone as key ingredients for the characteristic the product has on the application.
- In 2017, Estée Lauder Inc. launched Re-Nutriv Ultimate Lift Regenerating Youth Serum with gemstone cosmetic powder infused composition. The product content powder of South Sea pearls to give it a unique a visual characteristics.
Opportunities for Market Participants in Gemstone Cosmetics Powder Market
Europe to dominate the global gemstone cosmetics powder market owing to its large-scale cosmetics and personal care manufacturing industry and also a huge consumer base for its end products. Per capita luxury good spending is high in the region which is expected to boost the demand for the gemstone cosmetic powder infused products in the region.
North America to capture successive position in terms of both value and volume. Asia Pacific to witness high CAGR in terms of value in gemstone cosmetics powder over the forecast period owing to its strong economic growth and formation of an organized retail industry.
Brief Approach to Research
Our company will follow a modeling-based approach and triangulation methodology for the gemstone cosmetics powder market to estimate data covered. Critical analysis over market dynamics and assessment of data points, segmentation and players will be conducted for the gemstone cosmetics powder market.
The product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.
Global Gemstone Cosmetics Powder Market: Segmentation
On the basis of type, the global Gemstone Cosmetics Powder market has been segmented as –
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- Diamond
- Quartz
- Pearl
- Amber
- Others
On the basis of application, the global Gemstone Cosmetics Powder market has been segmented as
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- Face cream
- Face Scrub
- Body scrub
- Body cream
- Others
About Future Market Insights, Inc. (FMI)
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