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Cosmetic Preservatives Market Share

Report ID: GMI1279
Published Date: Mar 2022
Report Format: PDF

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Cosmetic Preservatives Market Share

Global cosmetic preservatives market is competitive, and key players include

Lonza, Ashland
Arkema fine chemicals
BASF
DuPont de Nemours
Sharon Laboratories
Symrise AG
Thor Group Ltd
Chemipol
Salicylate and chemical Pvt Ltd.
Dadia Chemical Industries

They are also showing keen interest in the market with adoption of strategies such as mergers & acquisitions, partnerships, product launch for many of the end use applications such as baby products, fragrances & perfumes, skincare, and haircare products.

In November 2020, Chemipol launched a new product range under SENSICARE C 2060 brand which offers antimicrobial properties used to protect cosmetic formulations. This launch aims to enhance the company’s product portfolio to meet growing demand for cosmetic formulations.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The global cosmetic preservatives market share had crossed USD 980 million in 2021 and is poised to record an 8% CAGR between 2022 and 2028 driven by the escalating need for premium cosmetics and sophisticated preservatives worldwide.

Natural/ organic and synthetic/chemical are the two well-known preservatives employed in cosmetics. The demand for natural cosmetic preservatives is likely to cross USD 640 million by 2028 with higher adoption in cosmetic formulations.

The cosmetic preservatives industry revenue from skincare applications will surpass USD 640 million by 2028 impelled by the increasing usage of parabens, organic acids, essential oils, natural antioxidants, and plant extracts in skincare preparations.

The cosmetic preservatives industry was worth USD 260 million in North America in 2021 and is anticipated to strike a CAGR of more than 8% through 2028 due to the higher acceptance of vegan, natural and organic beauty products in the region.