Why Asia Will Be 70% of Cosmetic Market by 2020

Today’s women world is familiar with specific cosmetic colorants. These colour cosmetics include assorted cosmetic elements which are applied for facial make-up, eye make-up, hair care, skin care, oral care, fragrance and personal cleanliness. Based on the target market, the colour cosmetics are classified into two different sections – mass products and prestige products. Unlike the mass products, prestige products provide all-embracing quality & care. All the more, prestige products function and offer the fast results, compared to the mass products available on the market.

The cosmetic colour market is inclined to increase every year. This particular market offers a wide range of beauty applications, such as, facial & eye make-up products, hair colour products, lip products, nail products and more. For these cosmetic products, the extensive requirements vastly come from different Asian countries, a fact which is absolutely eye-catching. More surprisingly, according to a market-analysis, if this goes on at the same increasing rate or more, Asia will possess approximately 70% of the world cosmetic market by the year of 2020.

• In China, cosmetic colour market is likely to grow the fastest in the upcoming five years. This is because of the increasing number of urbanized customers who are now habituated in adopting skin care and pigment colours products on a regular basis. They are largely inclined towards these types of personal skin care to gain huge in beauty & cosmetic market.

• The growth of Indian cosmetics market is reckoned to be rising gradually to a large extent, owing to accelerated consumer awareness as well as dynamic lifestyles among the huge population in India. In Indian cosmetics industry, these can be witnessed as a crucial move from influential domestic market players to international market players at all. Apart from that, people in India are now getting much responsive towards their cosmetic needs since there are loads of options to access to branded products. This is another important reason behind the growth of lake colours industry in India.

• Similarly, in all Asian countries, like China, Bhutan and Indonesia, women are becoming conscious about their preferences and they strive to create their own style, by adopting eccentric dyes in cosmetics for hair & skin as well. The color cosmetics enhance the new personality change in a woman from all directions.

By 2019 Asia will comprise 80% of the Global cosmetics. Standard scientific research brings enormous success in the cosmetic industry. And this research is usually done among different types of consumers to define their different tastes and requirements. The women in Asian countries own different complexions and kinds of skin, and this has led to the productions of latest Cosmo products. This is very predictable that Asian consumers will occupy maximum sell of Global beauty products shortly. By adopting new ideas & having a good realization of what is happening, good solutions can be found towards the creation of new formula. Thus success will come in the cosmetics industry, especially in Asia.

What Can Consumers Expect from the Cosmetic Industry in the Next Biennium?

The cosmetic industry has undergone major transformations in the past couple of years. From offering value to clients through superior quality and innovative beauty productsto changing their entire approach towards their lifestyle, cosmetics today offer value for money in addition to immediate and effective results. In the next couple of months, consumers are likely to expect new trends and developments in terms of newer, greener as well as sustainable cosmetic products. Here, find out what you can expect for the next biennium in the cosmetic market.

High Performance and Sustainable Products : One of the first trends that consumers are likely to witness will come in the form of choosing sustainable or organic pigments for cosmetics. Consumers across the globe are consciously searching for cosmetic products that are greener, sustainable and cause no harm to the environment. As a result, they shop for cosmetics only after they’re sure about the source of its origin as well as the raw materials used for creating them. Thus, cosmetic products manufacturing companies will have to emphasize on sourcing high-quality and organic pigments for cosmetics in order to create high-performing and environment friendly products for consumers world-wide. This also implies that they’ll have to avoid ingredients derived after slaughtering of animals and develop natural and organic pigment colours and other ingredients for manufacturing a wide range of beauty products.

Organic Cosmetic Colorants : Another key trend that will drive the cosmetic market and industry at large will be seen in the form of the usage of organic cosmetic colorants for manufacturing a host of beauty and cosmetic products including lip balms, lip gloss, lipstick and lotions among others. This is also one of the major reasons why a growing number of cosmetic companies are now looking to partner with reputed and reliable pigment manufacturers in india, who can further provide them with trusted and approved dyes, lake colors and mica colors for cosmetics.

Safer and Non-reactive Cosmetics : Cosmetic companies, around the world, use iron oxide, lakes and oxides for creating a range of beauty products including lipstick, blush, face powder and eye shadows. As a result, in the next two years, cosmetic manufacturer will drop inorganic ingredients and replace them with organic ingredients to provide consumers with safer and non-reactive beauty products.

Advanced and Innovative Products : In the next two years, the cosmetic market will keep on adding advanced and innovative cosmetic products. Thus, the market will be largely driven by innovation and technology. Given that more and more consumers are now concerned about the impact of pollution and are leading a highly stressful life, they’re bound to shift their focus towards products that are innovative, natural and specially formulated, all at the same time. Hence, cosmetic companies and manufacturers will opt for proprietary and technologically advanced cosmetic pigments and lakes for creating superior grade cosmetics that are soft and cause no harm to the skin. From creating cosmetics with fine particles to achieving the desired consistency in terms of color and shades, cosmetic manufactures will leave no stone unturned in manufacturing products of the highest quality and make.