The global gemstone cosmetic powder market is estimated to be valued at US$ 110.5 million by 2024. The gemstone cosmetics powder sales are expected to witness a robust CAGR of 5.2% from 2024 to 2034. By 2034, the gemstone cosmetics powder demand is anticipated to reach US$ 182.7 million.
The growing demand for natural and mineral-based beauty products is expected to propel the market growth of gemstone cosmetics powder. The gemstone-infused cosmetic powder market, centered on wellness and sustainability, is expected to witness a rise in demand for cosmetics made with gemstone ingredients due to increasing consumer needs for holistic and environmentally friendly beauty products.
Dynamics Behind Gemstone Cosmetic Powder Market Growth
- One crucial factor propelling the gemstone cosmetics powder market is the broader growth of the personal care and cosmetics sector. The demand for cosmetics products, such as gemstone cosmetics powder, is growing as customers place more emphasis on grooming and appearance.
- Social media sites and beauty influencers have contributed to the popularity of cosmetics. Social media exposes consumers to new products and trends frequently, which boosts gemstone cosmetics powder demand.
- Personalized beauty solutions are becoming popular with consumers. This trend is advantageous to the market since it provides various products that can be customized to suit different skin types and preferences.
- One major factor compelling market growth is the accessibility of gemstone cosmetics powders across a range of retail channels, such as department stores, specialty beauty stores, and e-commerce.
Deterrents to the Gemstone Cosmetics Powder Sector
- Concerns regarding the morality and environmental standards of the gemstone mining sector are becoming prevalent. As consumers seek more ethical and sustainable sourcing, concerns about fair labor practices, human rights abuses, and ecological harm may impede gemstone cosmetic powder market expansion.
- There are rare gemstones used in cosmetics powders. This scarcity may prevent the gemstone cosmetic powder market from expanding by causing problems with the supply chain and increased costs.
- Regulations and guidelines, especially regarding safety and labeling, may apply to using specific gemstones in cosmetics. Gemstone cosmetics powder manufacturers may encounter difficulties adhering to these regulations.
Regional Dynamics of the Gemstone Cosmetics Powder Industry
North America Market Outlook
- The growing popularity of natural and mineral-based beauty products is fueling the market’s steady growth in North America.
- The market growth for gemstone cosmetics powder in North America is due to rising consumer awareness of eco-friendly and sustainable beauty options.
Europe Market Outlook
- Premium and luxury cosmetic products containing gemstone ingredients are becoming increasingly popular in Europe.
- In the Europe gemstone cosmetic powder market, a noteworthy trend is the rising demand for vegan and organic beauty products, such as gemstone cosmetics powder.
Asia Pacific Market Outlook
- The gemstone cosmetics powder sales in the Asia Pacific are multiplying, which can be attributed to the growing impact of K-beauty and J-beauty trends.
- The Asia Pacific gemstone cosmetic powder market is expanding as a result of growing consumer demand for cutting-edge skincare and cosmetics as well as a long-standing cultural tradition of gemstone use.
Key Takeaways
- The diamond segment accounts for a share of 34.5% of the market.
- In the application category, the face cream segment acquires a market share of 40.2% of the market.
- From 2024 to 2034, the gemstone-infused cosmetics powder market in Canada is expected to evolve at a CAGR of 3.3%.
- Through 2034, the Germany gemstone-infused cosmetics powder market is projected to develop at a CAGR of 2.9%.
- The France gemstone cosmetics powder industry is scheduled to expand at a CAGR of 3.7% from 2024 to 2034.
- From 2024 to 2034, the gemstone cosmetics powder demand in the United Kingdom is expected to surge at a CAGR of 3.1%.
- Through 2024, the Italy market is expected to evolve at a CAGR of 3.5%.
- The Spain gemstone-infused cosmetics powder market is projected to flourish at a CAGR of 4.6% from 2024 to 2034.
- Up until 2034, gemstone cosmetics powder sales in China are predicted to boost at a CAGR of 6.5%.
- India’s gemstone cosmetics powder industry is anticipated to boost at a CAGR of 7.8% through 2034.
- Australia’s gemstone cosmetics powder sales to soar at a CAGR of 5.4% from 2024 to 2034.
- Singapore’s gemstone cosmetics powder industry to register a CAGR of 5.0% through 2034.
- Japan’s gemstone cosmetic powder market may exhibit a CAGR of 7% over the forecast period.
Competitive Landscape
There is fierce competition among the several companies fighting for gemstone cosmetics powder market share. To acquire a competitive advantage, gemstone cosmetics powder vendors prioritize marketing tactics, product quality, and innovation. Strategic decisions taken by manufacturers are driven by consumer preferences and market dynamics, constantly focusing on product differentiation and growing distribution channels.
Latest Developments
The Acquisition of RMS Beauty by Highlander Partners Reported
The brand intends to expand and extend its product line, retail partnerships, and direct-to-consumer business after being acquired by Highlander Partners. By making more purchases, Highlander intends to increase its market share in the beauty sector.
Leading Clean Beauty Brand Jane Iredale’s Majority Stake Purchased by San Francisco Equity Partners
Jane Iredale’s majority stake is acquired by San Francisco Equity Partners (SFEP). Together, SFEP and founder Jane Iredale aim to grow the business and cement its Great Barrington foundation.
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Vital Gemstone Cosmetic Powder Manufacturers
- Jane Iredale
- RMS Beauty
- Youngblood Mineral Cosmetic
- Alima Pure
- ILIA Beauty
- Lune+Aster
- Hourglass Cosmetic
- Becca Cosmetic
- Tarte Cosmetic
Key Segments
By Type:
- Diamond
- Quartz
- Pearl
- Amber
- Others
By Application:
- Face cream
- Face Scrub
- Body scrub
- Body cream
- Others
By Nature:
- Natural
- Synthetic
By Sales Channel:
- Store-Based
- Hypermarket/Supermarket
- Specialty Stores
- Drug Stores
- Jewelry Stores
- Online Store
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Middle East and Africa
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