LATAM Cosmetic Preservatives Market Analysis

LATAM Cosmetic Preservatives Market Analysis

Natural cosmetic preservatives segment is estimated to witness significant gains over 5% by the end of 2026. Increasing demand for multifunctional ingredients supported by growing consumer awareness regarding side effects of chemical ingredients will propel product demand. Vitamin C and its salts are added in cosmetic formulations to prevent final product from deterioration caused by exposure to air and control the pH of the product. Vitamins are effective against bacteria but are not effective against broad spectrum to replace synthetic preservatives which may affect the LATAM cosmetic preservatives market.
 

Natural preservatives including organic acids, natural antioxidants, natural oils, and herbal extracts are anticipated to grow substantially in the forecast timeframe. The region has plenty of natural ingredients which can be sourced from several species of plants and herbs. Brazil is one of the major producers of essential oils. Easy availability of raw materials may stimulate the production of natural cosmetic preservatives, thus driving LATAM cosmetic preservatives market growth.
 

Skin care applications segment is anticipated to reach over USD 50 million by 2026. Cosmetic preservatives are used in several skin care products including moisturizers, creams, sun protection creams. New product launches by companies in LATAM to prevent skin from sun exposure and its negative effects is likely to foster the Latin America cosmetic preservatives market demand.
 

For instance, Chemyunion, a Brazil based company launched number of sunscreen ingredients including gattefosse’s emulium illustro and Agen which naturally derived botanical extracts. This will have a positive impact on LATAM cosmetic preservatives market value.
 

Brazil cosmetic preservatives market is estimated to witness significant gains over 4% through 2026. Brazil cosmetics industry revenue is likely to witness strong gains owing to strong domestic demand. This is further anticipated to increase owing to rising R&D activities in the region for manufacturing natural cosmetic ingredients.
 

Cosmetics sector is one of the major industries in the country. Companies are looking for opportunities in the Amazon forest in order to develop new solutions from natural raw materials. For instance, Natura, a Brazilian cosmetics manufacturer sustainably acquires ingredients from Amazon forest to form bases for their technologies.  
 

Rising investments by manufacturers on online marketing have increased product awareness among the population, which should result in growing cosmetics sale. Presence of ecommerce giants including MercadoLibre, Amazon, B2W Digital, Alibaba, CNova, and Buscape should further boost regional cosmetics sales. During cosmetics shipment, the products are subjected to different conditions which them vulnerable to the growth of contaminants. Consequently, the use of preservatives becomes even more important.