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Cosmetics Preservative Market Share Industry Trend Analysis Report 2018-2025 | Ashland, Lonza, The Dow Chemical Company, BASF, Clariant , Symrise Ag
Cosmetics Preservative Market
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Global cosmetic preservatives market size from skin care application is estimated to reach 25 kilo tons by 2024. It has wide usage in formation of face masks, sunscreens, scrubs and lotions.
Cosmetic Preservatives Market, By Product
• Natural/ Organic Preservatives
o Plant & herbal extract
o Essential oil
o Natural Antioxidants
o Organic acids
• Synthetic/ Chemical
o Parabens
o Formaldehyde Releasers
o Alcohols
o Phenol Derivatives
o Quaternary Ammonium Compounds
o Others
Cosmetic Preservatives Market, By Application
• Hair Care
• Skin Care
• Toiletries
• Fragrances and Perfume
• Baby Products
• Others
High penetration rate of global brands, escalating demand for functional products along with growth in working women population will drive cosmetic preservatives market size. These compounds are mixed with personal care products to improve facial appearance and enhance product lifespan. Growing in customer expenditure on beautification supported by increasing ageing population will propel product demand.
Expanding haircare industry to augment cosmetic preservative market trends:
The second largest and one of the oldest cosmetic preservative consumers, the haircare industry, as on 2018, is estimated to be worth nearly $88 billion. With the influx of new consumers from emerging economies where global beauty standards have gradually started to gain a foothold due to popular media, the haircare industry has registered an expanding consumer base adding to the growth of the cosmetic preservative market. The idea that healthy hair projects a youthful appearance is also driving product sales.
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Skincare industry growth to play a considerable role in cosmetic preservative industry expansion:
The skincare sector is largest cosmetic preservative consumer in the world, accounting for a fairly large proportion of the global cosmetics sphere. In recent years skincare routines are becoming a part of self-care for many from a very young age and are continued throughout, being viewed as an antiaging endeavor. The phenomenon of going green in recent years has also made an impact on the skincare industry trends, the influence of which can be notably felt in the unprecedented growth pace of the overall cosmetic preservative market.
Browse key industry insights from the report, “Cosmetics Preservative Market” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/cosmetics-preservative-market
Germany parabens cosmetic preservatives market size is likely to reach 1.5 kilo tons owing to its usage in conditioners, shampoos, sunscreen lotions and anti-aging cremes. These chemicals have similar features as organic products due to high effectiveness as bactericide and fungicide properties, along with manufacturers acceptance as it offers high compatibility, thus prompting cosmetic preservatives market size.
China cosmetics preservative market demand from toiletries application may witness significant growth of over 6.5% by 2024. Rising living standard of consumers along with large scale of economies has impelled demand for toiletries in this region and is likely to boost demand for cosmetic preservatives in this segment.
Global cosmetic preservatives market share is competitive and moderately consolidated with key industry precipitants includes Chemipol, Lonza Group, Brenntag, Dow Chemical Company, Brenntag, BASF SE, Ashland Inc and Akema Fine Chemicals. Increasing consumption of beauty products has impelled vendors to invest profoundly in R&D for cosmetic preservatives. Companies are spending more on product design, manufacturing phases, Innovation and commercialization.
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