The Cosmetic Ingredients Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Cosmetic Ingredients Global Market Report 2024, The cosmetic ingredients market size has grown strongly in recent years. It will grow from $30.55 billion in 2023 to $32.27 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to natural ingredient trends, scientific advancements, consumer awareness, regulatory changes, cultural influences.
The cosmetic ingredients market size is expected to see strong growth in the next few years. It will grow to $40.81 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to clean beauty movement, regenerative and healing ingredients, demand for microbiome-friendly ingredients, digital beauty solutions, tech-driven formulations. Major trends in the forecast period include upcycled ingredients, customized skincare kits, bioactive peptides, barrier repair ingredients, cbd and hemp-derived ingredients.
The increase in demand for personal care products is expected to propel the growth of the cosmetic ingredients market going forward. Personal care products refer to a wide range of items that are commonly used for maintaining personal hygiene, enhancing beauty, and cleaning. These products are designed to support and enhance personal well-being, cleanliness, and appearance. Cosmetic ingredients are used in personal care products to provide various benefits and functionalities. These ingredients serve specific purposes and contribute to the overall performance, efficacy, and sensory experience of the products. Hence, the demand for personal care products contributes to the growth of the cosmetics ingredients market. For instance, in February 2021, according to the report by Loreal Cosmetic World, a French-based company that manufactures cosmetics and skin care products, demand for personal care products like skincare increased from more than 228 billion euros ($243.4 billion) in 2021 to 8% in 2021 and 41.8% in 2022. Also, e-commerce climbed in the beauty sector from 22.8% in 2020 to 24.5% in 2021. Therefore, the increase in demand for personal care products is driving the growth of the cosmetic ingredients market.
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The cosmetic ingredients market covered in this report is segmented –
1) By Ingredient Type: Synthetic Chemical Ingredients, Natural/Herbal Ingredients, Specialty Ingredients, Oleochemical, Botanical Extract, Rheology Modifier, Preservatives, Emulsifier And Stabilizer, Other Ingredient Types
2) By Functionality: Cleansing Agents And Foamers, Aroma, Moisturizing, Specialty, Other Functionalities
3) By Application: Skin Care, Oral Care, Hair Care, Make-Up, Fragrance, Other Applications
Major companies operating in the cosmetic ingredients market are adopting a strategic partnership approach to combine innovative and sustainable, cutting-edge biotechnological-based cosmetic ingredients. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in August 2023, Cosmecca Korea Co., a South Korea-based K beauty manufacturing company, partnered with Vytrus, a Spain-based cosmetic ingredient manufacturing company. With this partnership, they aim to use biotechnology to develop new cosmetic ingredients that are both innovative and sustainable, leveraging Vytrus' plant stem cell technology.
The cosmetic ingredients market report table of contents includes:
1. Executive Summary
2.Cosmetic Ingredients Market Characteristics
3.Cosmetic Ingredients Market Trends And Strategies
4.Cosmetic Ingredients Market analysis
5.Cosmetic Ingredients Market Size And Growth
6.Cosmetic Ingredients Segmentation
7. Cosmetic Ingredients Regional And Country Analysis
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27. Cosmetic Ingredients Competitive Landscape And Company Profiles
28. Cosmetic Ingredients Key Mergers And Acquisitions
29.Cosmetic Ingredients Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- BASF SE
- Unilever
- The Dow Chemical Company
- L'Oréal International
- Evonik Industries AG
- Solvay S.A.
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UpMarketResearch offers a latest published report on “Global Cosmetic Ingredients Market Industry Analysis and Forecast 2018-2025” delivering key insights and providing a competitive advantage to clients through a detailed report.
It presents a comparative detailed analysis of all the regional and major player segments, offering readers a better knowledge of areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.
Cosmetic Ingredients market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.
The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
The research report includes specific segments by region (country), by manufacturers, by Type and by Application.
Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027.
Understanding the segments helps in identifying the importance of different factors that aid the market growth.Segment by Function Anti-Aging Reparation Moisturizing Whitening Anti-Hair Loss OthersSegment by Application Skin Hair Lips ToothDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/100474/global-functional-cosmetic-ingredients-2021-643 By Company SEQENS GROUP Innospec COBIOSA Kolmar BNH Kao Corporation BASF Croda Ashland AAK Personal Care Sensient Cosmetic Technologies Berg + Schmidt Symrise NV OrganicsProduction by Region North America Europe China JapanConsumption by Region North America United States Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia China Taiwan Indonesia Thailand Malaysia Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia UAEGet the Complete Report & TOC @ https://www.24chemicalresearch.com/reports/100474/global-functional-cosmetic-ingredients-2021-643Table of content1 Functional Cosmetic Ingredients Market Overview1.1 Product Overview and Scope of Functional Cosmetic Ingredients1.2 Functional Cosmetic Ingredients Segment by Function1.2.1 Global Functional Cosmetic Ingredients Market Size Growth Rate Analysis by Function 2021 VS 20271.2.2 Anti-Aging1.2.3 Reparation1.2.4 Moisturizing1.2.5 Whitening1.2.6 Anti-Hair Loss1.2.7 Others1.3 Functional Cosmetic Ingredients Segment by Application1.3.1 Global Functional Cosmetic Ingredients Consumption Comparison by Application: 2016 VS 2021 VS 20271.3.2 Skin1.3.3 Hair1.3.4 Lips1.3.5 Tooth1.4 Global Market Growth Prospects1.4.1 Global Functional Cosmetic Ingredients Revenue Estimates and Forecasts (2016-2027)1.4.2 Global Functional Cosmetic Ingredients Production Capacity Estimates and Forecasts (2016-2027)1.4.3 Global Functional Cosmetic Ingredients Production Estimates and Forecasts (2016-2027)1.5 Global Market Size by Region1.5.1 Global Functional Cosmetic Ingredients Market Size Estimates and Forecasts by Region: 2016 VS 2021 VS 20271.5.2 North America Functional Cosmetic Ingredients Estimates and Forecasts (2016-2027)1.5.3 Europe Functional Cosmetic Ingredients Estimates and Forecasts (2016-2027)1.5.4 China Functional Cosmetic Ingredients Estimates and Forecasts (2016-2027)CONTACT US:North Main Road Koregaon Park, Pune, India - 411001.International: +1(646)-781-7170Asia: +91 9169162030Follow Us On linkedin :- https://www.linkedin.com/company/24chemicalresearch/
