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 current COVID-19 pandemic is expected to have an effect on the growth of the Cosmetic Active Ingredients industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Cosmetic Active Ingredients sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Cosmetic Active Ingredients industry.
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Key companies profiled in the report include:
BASF SE, Clariant, Dow, Solvay, Akzo Nobel N.V., Evonik Personal Care, Ashland, L'Oréal, Novartis AG, and Croda International Plc among others
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Cosmetic Active Ingredients market?
What are the key product types and applications of the Cosmetic Active Ingredients industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Cosmetic Active Ingredients market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Cosmetic Active Ingredients Market by 2027?
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Market 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:
Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.
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ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type applications
Chapter 9: Current and Future Trends
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
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