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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Cosmetic Ingredients Market Outlook
The global cosmetic ingredients market size will grow at a CAGR of 8% in the forecast period of 2024-2032. The market trends for the cosmetic ingredients industry, such as the growing prevalence of clean labelling in cosmetic formulations is expected to drive the industry growth.
| Global Cosmetic Ingredients Market Report Summary | Description | Value |
| Base Year | USD Million | 2023 |
| Historical Period | USD Million | 2018-2023 |
| Forecast Period | USD Million | 2024-2032 |
| Market Size 2023 | USD Million | XX |
| Market Size 2032 | USD Million | XX |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 8.0% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 9.2% |
| CAGR 2024-2032 - Market by Country | India | 9.7% |
| CAGR 2024-2032 - Market by Country | China | 8.7% |
| CAGR 2024-2032 - Market by Application | Perfume and Fragrances | 8.8% |
| CAGR 2024-2032 - Market by Type | Emollients, Film-Formers and Moisturisers | 9.1% |
| Market Share by Country 2023 | Germany | 4.5% |
Due to the growing trend in clean cosmetics labelling, vendors are focusing on developing natural and organic ingredients to fulfil the demand from cosmetics companies and extending their range in the industry for clean labelled cosmetic ingredients.
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Market Segmentation
Cosmetics are substances or items used to enhance or change the body's skin appearance and texture or scent. The cosmetic ingredients market can be divided based on segments like applications and types.
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The cosmetic ingredients market can be broadly categorised on the basis of its application sectors into:
- Perfumes and Fragrances
- Hair Care and Skin Care
- Colour Cosmetics
- Others
The cosmetic ingredients market can be divided based on types as:
- Emollients, Film-Formers, and Moisturizers
- Surfactants
- Single-Use Additives
- Carriers, Powders, and Colourants
- Thickening Agents
- Others
The EMR report looks into the regional markets of cosmetic ingredients like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.
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Market Analysis
The awareness of the use of natural ingredients in cosmetics has led many firms to work on developing their goods using natural and organic ingredients. Synthetic ingredients used by manufacturers are highly effective in the short term, but if used over a period, they appear to have adverse effects on skin and hair health. This has led to an increasing demand among customers for natural and organic ingredients, and companies have started to offer products for skin and hair care that include natural and organic ingredients. Many major companies are making substantial investments in the production of ethically and sustainably sourced ingredients to meet the growing demand, which will then fuel market growth over the forecast period. Vendors are also investing in eco-friendly product replacements for R&D.
| CAGR 2024-2032 - Market by | Country |
| India | 9.7% |
| China | 8.7% |
| Canada | 7.4% |
| France | 6.3% |
| Italy | 5.6% |
| USA | XX% |
| UK | XX% |
| Germany | XX% |
| Japan | 5.5% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Brazil | XX% |
| Mexico | XX% |
Competitive Landscape
The report presents a detailed analysis of the following key players in the global cosmetic ingredients market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- BASF
- Eastman Chemical Co. (NYSE: EMN)
- Evonik Industries AG
- DSM
- Solvay
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Application |
|
| Breakup by Type |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global cosmetic ingredients market is projected to grow at a CAGR of 8% between 2023 and 2032.
The major drivers expected to aid market growth are rising disposable incomes, increasing population, increasing awareness regarding personal care and grooming, and growing research and development activities.
The key trends guiding the growth of the cosmetic ingredients market are the development of natural and organic ingredients and the growing consumer shift towards clean labelling of cosmetic formulations.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Emollients, film-formers, and moisturisers, surfactants, single-use additives, carriers, powders and colourants, and thickening agents, among others, are the major cosmetic ingredients types in the market.
The significant applications of the product in the market include perfumes and fragrances, haircare and skin care, and colour cosmetics, among others.
The major players in the market are BASF SE, Eastman Chemical Co., Evonik Industries AG, DSM Nutritional Products AG, and Solvay SA, among others.
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