The Cosmetic Ingredients market demand is projected to reach USD 52.12 billion by 2030 and estimated at USD 33.45 Billion in 2022 witnessing a CAGR of 5.7% during the forecast period (2022-2030)
Cosmetic Ingredients Market Overview
The global market for cosmetic ingredients is experiencing strong profit margin prospects due to the changing makeup of cosmetic ingredients as well as improvements in contemporary production and manufacturing techniques. Ingredients for cosmetics can be created synthetically or obtained from natural sources like items derived from plants. Manufacturers of cosmetic ingredients work hard to develop new products and components while also conducting considerable research and development to satisfy consumer demands.
Market Segmentation & Coverage:
The application process, product types, end-user industries, and region are the four primary basis on which the segmented overview of the global Cosmetic Ingredients market is built.
The global market for cosmetic ingredients has been segmented into smaller sub-markets based on ingredient types, end-use industries, and geographical areas. The global market for cosmetic ingredients has been divided into several types of segments, including Synthetic Chemical Ingredients, Specialty Ingredients, Natural/Herbal Ingredients, Emulsifier and Stabilizer, Rheology Modifier, Surfactant, Emollient, Oleochemical, Polymer, Oleochemical, and Preservatives. The global market for cosmetic ingredients is used by the oral care, fragrance, hair care, makeup, skin Care, and other categories. The five significant geographic areas that have been considered in the research on the global Cosmetic Ingredients market are Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Report Attributes | Report Details |
Study Timeline | 2018-2030 |
Market Size in 2030 (USD Billion) | 52.12 Billion |
CAGR (2022-2030) | 5.7% |
By Types | Synthetic Chemical Ingredients, Specialty Ingredients, Natural/Herbal Ingredients, Emulsifier and Stabilizer, Rheology Modifier, Surfactant, Emollient, Oleochemical, Polymer, Oleochemical, and Preservatives |
By Application | oral care, fragrance, hair care, makeup, skin Care, and other categories |
By Geography | Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia] Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America [United States, Canada, Mexico] Middle East & Africa [GCC, North Africa, South Africa] South America [Brazil, Argentina, Columbia, Chile, Peru] |
Key Players | Clariant AG, BASF SE, The Dow Chemical Company, Eastman Chemical Company, Sovay S. A., Croda International PLC, and Ashland Global Specialty Chemicals, Inc., among others., End-Use Companies, Unilever, The Estée Lauder Companies Inc., LOréal International, Colgate-Palmolive Company, and COTY Inc. |
Market Dynamics:
Segments Insight:
According to product type, the surfactants sector now holds a significant market share and is expected to continue this position for the duration of the forecast. Anionic subsegment, which now has more than 50% of the value share among the surfactant subsegments, is predicted to grow even more by the end of 2025. Among the surfactant sub segments, non-ionic is the second largest in terms of value. Surfactant is employed in cosmetic products to an extent of around 10% of worldwide production, and as a result, demand for surfactant has been gradually rising.
The skin care category, which now dominates the market and will continue to expand strongly in terms of revenue, is anticipated to have the greatest market share based on end-use in the next years. Some of the main factors driving this segments revenue growth are the rising demand for skin care products and the expanding use of ingredients like alpha-hydroxy acids, beta-hydroxy acids, retinol, hydroquinone, copper peptide, and kojic acid in skin care products.
Regional Analysis:
Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa are the five primary regions that make up the worldwide Cosmetic Ingredients market. On basis region Asia-Pacific has captured the highest revenue share in 2021. The market for cosmetic ingredients in North America accounted for a sizable chunk of revenue share in 2021. The rising demand for cosmetics like eye and facial make-up, rising incidences of skin conditions like acne and hair conditions like hair loss, split ends, dandruff, and premature greying, rising demand for herbal or natural cosmetic products, and consumers high purchasing power are all significant factors in the growth of the regional market.
Cosmetic Ingredients Market overview:
- Market Size 2022
- Forecast Period
- Regional Share
- Major Gold Producers
- Top Regions
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By Types
• Synthetic Chemical Ingredients
• Specialty Ingredients
• Natural/Herbal Ingredients
• Emulsifier and Stabilizer
• Rheology Modifier
• Surfactant
• Emollient
• Oleochemical
• Polymer
• Oleochemical
• Preservatives
By Applications
• Oral care
• Fragrance
• Hair Care
• Make Up
• Skin Care
• other categories
By Region
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA).
Cosmetic Ingredients Market Competitive Landscape:
The market research report on the Cosmetic Ingredients market comprises the compilation of quantitative and qualitative evaluations of the industry position. Additionally, the in-detailed analysis of the market trends adopted by the industry players. Thus, mentioned are the major industry players that make up the consolidated market concentrationâ€\"
• Clariant AG
• BASF SE
• The Dow Chemical Company
• Eastman Chemical Company
• Sovay S. A.
• Croda International PLC
• Ashland Global Specialty Chemicals Inc.
• others
End-Use Companies
• Unilever
• The Estée Lauder Companies Inc.
• LOréal International
• Colgate-Palmolive Company
• COTY Inc.