Press release
Cosmetic Preservative Market Manufacturers, Size, Share, Key Players, Growth Trend, and Forecast, 2020–2027
The global Cosmetic Preservative market is forecast to reach USD 543.6 Million by 2027, according to a new report by Reports and Data. The growing importance of the preservatives in cosmetics to increase shelf life coupled with the upgrading product quality and rising beauty awareness among the population has resulted in an increase in product sales, thus fostering the demand for market growth.
Increasing investment in the research and development for cost-efficient products with the usage of available natural sources of raw material will further enhance the market growth. Moreover, these products are generally premium priced due to their attached psychological desire related to health benefits, which will further propel growth among populations with rising disposable incomes. As regions like the U.S. and Europe have populations possessing high disposable incomes, they are estimated to register higher growth rates.
The cosmetic preservative market is witnessing a surge in demand because of the rising disposable income of people. In countries like the U.S., the annual per capita income was USD 33,706 in 2018, and it rose to USD 45,646 in 2019, which will allow people to spend more on quality products. People in the present world are becoming highly competitive; therefore, they have become very conscious about their personalities. Hence looking young and fit has become a primary issue of concern. Such issues of looking dynamic will propel the growth of this market.
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The global Cosmetic Preservative report is a qualitative and quantitative research document that offers vital insights into the Cosmetic Preservative market that enable the businesses and investors gain a competitive edge over the other competitors. It provides an exhaustive analysis of the competitive landscape including company overview, revenue share and contribution, financial standing, global position, and technological and product advancement. The report also explores the new entrants, strategic alliances and collaborations, mergers, acquisitions, partnerships, agreements, and deals of the well established companies.
Top companies profiled in the report include:
BASF SE, Ashland Inc., Lonza Group Ltd., Symrise AG, Akema Fine Chemicals, Clariant AG, Brenntag AG, Salicylates & Chemicals Pvt. Ltd., The DOW Chemical Company, and Chemipol, among others.
To know more about the report @ https://www.reportsanddata.com/report-detail/cosmetic-preservative-market
Global Cosmetic Preservative Market Segmentation:
Product Outlook (Revenue, USD Million; 2017-2027)
Paraben Esters
Formaldehyde donors
Phenol derivatives
Alcohols
Quaternary compounds
Organic Acids
Others
Application Outlook (Revenue, USD Million; 2017-2027)
Skin and Sun Care
Hair Care
Toiletries
Fragrances and Perfumes
Makeup and Color
Others
Regional Analysis covers:
North America
US
Canada
Mexico
Europe
Germany
Italy
UK
Rest of EU
Asia Pacific
India
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
UAE
Rest of MEA
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