The global cosmetic active ingredients market size was USD 31.80 Billion in 2022 and is expected to register a revenue CAGR of 5.8% during the forecast period, according to the latest analysis by Emergen Research. The rapid and effective approval of ingredients by reputable authorities, combined with increasing impact of social media advertising, are major factors contributing to the cosmetic active ingredients market revenue growth. According to The Journal of Clinical and Aesthetic Dermatology, acne affects 5% of adult men and 22% of adult women in the U.S. To address this concern, companies are actively engaged in developing various products.
However, strict regulatory restrictions and bans on certain cosmetic ingredients, coupled with regular inspections by relevant authorities, act as significant factors that restrain revenue growth of the market. In addition, an increasing number of state legislatures are considering potential bans on cosmetics and consumer goods containing synthetic chemicals called Per- and Polyfluorinated Substances (PFAS), which pose potential harm. The U.S. Department of State reports that counterfeit cosmetics, including makeup products, are extensively sold online and in temporary retail outlets nationwide. Each year, a substantial number of customers are misled into purchasing these counterfeit goods, artfully disguised to mimic popular designer brands.
The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Cosmetic Active Ingredients industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.
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Key Players operating in the industry are:
BASF SE, Clariant, Dow, Solvay, Akzo Nobel N.V., Evonik Personal Care, Ashland, L’Oréal, Novartis AG, and Croda International Plc among others
Radical Features of the Cosmetic Active Ingredients Market Report:
- The report encompasses Cosmetic Active Ingredients market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Cosmetic Active Ingredients industry
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Segmentation:
- Ingredient Type Outlook (Revenue, USD Billion; 2019-2032)
- Synthetic ingredients
- Natural ingredients
- Specialty ingredients
- Product Type Outlook (Revenue, USD Billion; 2019-2032)
- Emulsifier and Stabilizer
- Preservative
- Antioxidant
- Emollient
- Surfactant
- Antimicrobial
- Hair fixative polymer
- Cyclomethicone
- Conditioning polymer
- Hydrolyzate
- Polyquaterniums
- Others
- Functionality Outlook (Revenue, USD Billion; 2019-2032)
- Anti-aging agents
- Skin-lightening agents
- Conditioning agents
- UV filters
- Anti-acne
- Anti-inflammatory
- Others
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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- Cosmetic Active Ingredients Market Executive Summary
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