Authored By: Sarah
11 Jul 2024

 Cosmetic Ingredients Market Size to grow by USD 5791.4 million between 2024-2028

According to a research report “ Cosmetic Ingredients Market” by Type (Surfactants, Emollients film-formers and moisturizers, Single-use additives, Carriers powders and colorants, Others) Application (Hair care and skin care, Perfumes and fragrance, Color cosmetics, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 5791.4 million, at a CAGR of almost 7.76% during the forecast period. The cosmetics industry has witnessed a notable shift towards natural and organic ingredients due to increasing consumer awareness and concerns regarding the long-term health effects of synthetic ingredients. Established market players, including BASF SE and Croda International Plc, are responding to this trend by expanding their natural ingredient offerings. Consumers are now preferring cosmetics with ingredients such as coconut, bakuchiol, pumpkin, blue algae, avocado, argan, and olive oil; antioxidants; hyaluronic acid; clay; and jojoba, aloe vera, sunflower, and carrot seed extracts, over those with synthetic alternatives. Companies are capitalizing on this trend by launching skin care and hair care products featuring these natural ingredients.

Browse market data tables, figures, and in-depth TOC on “Cosmetic Ingredients Market” by Type (Surfactants, Emollients film-formers and moisturizers, Single-use additives, Carriers powders and colorants, Others) Application (Hair care and skin care, Perfumes and fragrance, Color cosmetics, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Type, the Surfactants segment is projected to dominate the market size in 2024

The cosmetic ingredients market is experiencing significant growth, driven by increasing consumer demand for high-quality, safe, and effective products. Key trends include the rise of natural and organic ingredients, as well as advancements in biotechnology and nanotechnology. Companies are investing heavily in research and development to meet these evolving consumer preferences, resulting in innovative new products and formulations. The global cosmetic ingredients market is expected to reach a value of USDXXX billion by 2025, with key regions including Asia Pacific, Europe, and North America.

By Application, Hair care and skin care  segment is expected to hold the largest market size for the year 2024

The cosmetic ingredients market is experiencing significant growth due to increasing consumer demand for high-quality, safe, and effective products. Key trends include the use of natural and organic ingredients, as well as advanced technologies to improve product performance and sustainability. Companies are investing in research and development to meet these evolving consumer preferences, resulting in a dynamic and competitive market landscape.

APAC is forecasted to hold the largest market size by region in 2024

The cosmetic ingredients market represents a significant business opportunity, with increasing consumer demand for high-quality, safe, and effective products. Key trends include the use of natural and organic ingredients, as well as the integration of advanced technologies to improve product performance and sustainability. Companies must navigate complex regulatory environments and ensure transparency in their supply chains to remain competitive. Strategic partnerships and innovation are essential for success in this dynamic market.

The Cosmetic Ingredients Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Alfa Chemicals Ltd.
  • Ashland Inc.
  • Aston Chemicals Ltd.
  • BASF SE
  • Clariant International Ltd.
  • Croda International Plc
  • Dow Chemical Co.
  • Eastman Chemical Co.
  • Evonik Industries AG
  • Givaudan SA
  • J M Huber Corp.
  • Koninklijke DSM NV
  • Lonza Group Ltd.
  • Lucas Meyer Cosmetics
  • Nouryon Chemicals Holding BV
  • Pharmacos India
  • Solvay SA
  • Symrise AG
  • The Estee Lauder Companies Inc.
  • Wacker Chemie AG
.

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Research Analysis Overview

The cosmetic ingredients market encompasses a wide range of products, including toothpaste, oral care products, body care products, and skincare products. With urbanization and increasing consumer awareness, there is a growing demand for natural cosmetic ingredients in these products. However, the use of dangerous chemicals in cosmetics has raised concerns, leading to the popularity of green cosmetics. Natural sources such as plants provide various ingredients for cosmetics, including perfumes, pigments, lubricants, thickeners, emulsifiers, and preservatives. Appearance, texture, moisturizing, thickening, anti-inflammatory, and anti-oxidant properties are essential characteristics of cosmetic ingredients. Water and moisturizers are crucial ingredients in body lotions, while lipsticks and eyeliners require pigments for color. Thickeners and emulsifiers help maintain the desired consistency and blendability of cosmetic products. Preservatives ensure the safety and shelf life of cosmetics. The cosmetic ingredients market is dynamic and diverse, with ongoing research and development to meet consumer preferences and regulations. As consumers become more conscious of what they put on their bodies, the demand for natural and safe cosmetic ingredients continues to grow.

Market Research Overview

The cosmetic ingredients market encompasses a wide range of substances used in various skincare, hair care, oral care, and perfume products. These ingredients address various health issues such as premature greying, dandruff, split ends, hair loss, acne, and skin problems. Key ingredients include Kojic acid for brightening, Copper peptide for anti-aging, Hydroquinone and Retinol for skin lightening, Beta hydroxy acids and Alpha hydroxy acids for exfoliation, and Serums or oils, Face masks, Sunscreens, Face washes, Emollients, and Water for hydration and nourishment. Some ingredients, such as Methyl and Propylene glycol, Sodium lauryl sulfate, and certain preservatives, have raised concerns due to their potential hazardous effects on health and the environment. Consumer awareness and urbanization have led to a shift towards natural cosmetic ingredients like plant extracts, antioxidants, fatty acids, vitamins, and essential oils. Natural sources like starch, perfumes, pigments, lubricants, thickeners, emulsifiers, and preservatives are also used in cosmetic formulations. Green cosmetics, free from dangerous chemicals, are gaining popularity for their appearance, texture, and moisturizing, thickening, anti-inflammatory, and anti-oxidant properties. Oral care products, such as toothpaste, also contain cosmetic ingredients for effective cleaning and fresh breath. Cosmetic ingredients play a crucial role in maintaining our health and appearance. However, it is essential to ensure their safety and shelf life, as some may have adverse effects on the skin, hair, and overall health, and may contribute to issues like chapped skin, cancer, periodontal disease, and allergic reactions.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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