Authored By: Sarah
19 Aug 2022

Cosmetic Ingredients Market 2021-2025: APAC to Dominate Market Growth

The cosmetic ingredients market share is set to grow up to USD 3.98 billion, accelerating at a CAGR of 7% during the forecast period. 40% of the cosmetic ingredients market growth will originate from APAC during the forecast period. The growing demand for natural and organic cosmetic ingredients will drive the cosmetic ingredients market growth. 

In addition, the growing prominence of clean labeling in cosmetic formulations is one of the major cosmetic ingredients market trends contributing to the market value. However, the stringent regulations may hamper the market growth.

Technavio's research report analyses the growth trajectory of the market with a purview of the prevalent market scenario, trends, and drivers. It also provides competitive bench-marking of the key market players and their product portfolios.


For a glimpse into the cosmetic ingredients market analysis and insights: View the Free Sample Report


Cosmetic Ingredients Market: APAC to lead market growth during the forecast period

  • The cosmetic ingredients market is segmented by Type (Surfactants, EFF and M, Single-use additives, CP and C, and Others), Application (Hair care and skincare, Perfumes and fragrance, Color cosmetics, and Others), and Geography (APAC, Europe, North America, MEA, and South America).
  • 40% of the market growth will originate from APAC during the forecast period. Singapore and South Korea (Republic of Korea), Japan are the key markets for cosmetic ingredients in APAC.
  • The easy availability of various naturally sourced ingredients in APAC offers a high potential for market vendors to set up production units in the region during the forecast period.
  • Based on the segmentation, by type, the cosmetic ingredients market growth in the surfactants will be significant during the forecast period.
  • The report provides an accurate prediction of the contribution of all the geographic segments to the growth of the cosmetic ingredients market size.

Cosmetic Ingredients Market 2021-2025: APAC to Dominate Market Growth

Cosmetic Ingredients Market: Key Competitors

The market is fragmented. Ashland Global Holdings Inc., BASF SE, Clariant International Ltd., Croda International Plc, Eastman Chemical Co., Evonik Industries AG, Givaudan SA, Koninklijke DSM NV, Lonza Group Ltd., and Solvay SA are some of the major cosmetic ingredients market vendors.

The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.  To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. Download the Free PDF Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 7%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow up to USD 3.98 billion.

     
  3. What is a key factor driving this market?
    Growing demand for natural and organic cosmetic ingredients will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market?
    40% growth will originate from APAC.

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Ashland Global Holdings Inc., BASF SE, Clariant International Ltd., Croda International Plc, Eastman Chemical Co., Evonik Industries AG, Givaudan SA, Koninklijke DSM NV, Lonza Group Ltd., and Solvay SA.

     
  7. What are the market segments covered in this report?
    The market is segmented by Type (Surfactants, EFF and M, Single-use additives, CP and C, and Others), Application (Hair care and skincare, Perfumes and fragrance, Color cosmetics, and Others), and Geography (APAC, Europe, North America, MEA, and South America).
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