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Cosmetics Active Ingredients Market Trends

  • Report ID: GMI11427
  • Published Date: Sep 2024
  • Report Format: PDF

Cosmetics Active Ingredients Market Trends

The rising demand for natural ingredients in the cosmetics active ingredients industry is a key driver of growth. Consumers today are increasingly concerned about the safety and environmental impact of synthetic chemicals in their beauty products. This shift has fueled interest in plant-based, organic, and sustainably sourced ingredients like botanical extracts, essential oils, and antioxidants. Natural ingredients are perceived as safer, mosre gentle on the skin, and aligned with clean beauty trends, which prioritize transparency and eco-consciousness. Additionally, many consumers are seeking cruelty-free and vegan products, further boosting the demand for naturally derived actives. As beauty brands continue to reformulate their products to meet these preferences, the demand for natural ingredients is expected to accelerate, driving innovation and expansion in the market.
 

The expanding beauty and personal care industry is a major driver for the cosmetics active ingredients industry. With rising consumer awareness of skincare, hair care, and overall personal grooming, the demand for innovative and effective beauty products has surged. This growth is particularly strong in emerging markets, where increasing disposable incomes and urbanization are fueling higher spending on beauty and personal care items. Consumers are seeking products with advanced active ingredients, such as anti-aging, moisturizing, and skin-brightening agents, to meet specific skincare needs. Additionally, the rise of online retail and social media platforms has broadened access to a wide range of beauty products globally. As the beauty industry continues to evolve, the need for high-quality active ingredients is expected to increase, driving market growth.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size for cosmetics active ingredients was valued at USD 4.1 billion in 2023 and is expected to reach USD 6.78 billion by 2032 between 2024 and 2032 due to growing consumer preference for clean, eco-friendly, and sustainably sourced products.

The anti-ageing segment in the cosmetics active ingredients market accounted for 31% share in 2023 and is projected to grow significantly in 2032 due to the rising demand for products that reduce visible signs of aging.

Asia Pacific market generated a revenue of USD 1.32 billion in 2023 due to its large and rapidly growing population.

Akzonobel N.V., Ashland, BASF SE, Beiersdorf AG, Clariant AG, Eastman Chemical Company, Evonik Industries AG, Lonza, Lucas Meyer Cosmetics, and Seppic SA

Cosmetics Active Ingredients Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 532
  • Countries covered: 24
  • Pages: 205
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