Active Cosmetics Market Insights, Competitive Analysis, Latest Trends, And Forecast To 2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Active Cosmetics Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $17.21 billion In 2028 At A CAGR Of 12.4% :

The active cosmetics market size has grown rapidly in recent years. It will grow from $9.44 billion in 2023 to $10.79 billion in 2024 at a compound annual growth rate (CAGR) of 14.2%. The growth in the historic period can be attributed to e-commerce growth, regulatory support for safe ingredients, expansion in emerging markets, surge in demand for organic and natural beauty products, improvement in current lifestyles.

The active cosmetics market size is expected to see rapid growth in the next few years. It will grow to $17.21 billion in 2028 at a compound annual growth rate (CAGR) of 12.4%. The growth in the forecast period can be attributed to increasing consumer awareness, focus on anti-aging solutions, rising disposable income, increasing demand for skincare products, rising consumer awareness. Major trends in the forecast period include product innovation, collaboration with recyclable and biodegradable material providers, partnerships, collaborations, increasing company investments.

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Active Cosmetics Market Major Segments
The active cosmetics market covered in this report is segmented -

1) By Product: Liquid, Cream, Other Products
2) By Gender: Male, Female
3) By Distribution Channel: Drug Stores, Mass Merchandiser, Online, Department Stores, Others
4) By Application: Skin Care, Hair Care, Other Applications

Key Driver - Rising Demand For Natural And Organic Skincare Fuels Growth In The Active Cosmetic Market

The growing demand for natural and organic skincare products is expected to propel the growth of the active cosmetic market going forward. Natural and organic skincare products are beauty and skincare formulations that are crafted using ingredients derived from natural sources and produced without the use of synthetic chemicals, artificial additives, or harsh preservatives. Natural and organic skincare products can enhance the active cosmetics experience by providing gentle, hydrating, and environmentally conscious formulations that align with the preferences of individuals leading active lifestyles. For instance, in June 2023, according to the Centre for the Promotion of Imports from Developing Countries, a Netherlands-based intergovernmental organization, UK market sales of certified organic cosmetics increased by 15% and reached (US$150.13) £138.23 million in 2021. Therefore, the growing demand for natural and organic skincare drives the active cosmetic products market.

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Prominent Trend - New Standard With Natural-Origin Retinol

Major companies operating in the active cosmetics market are developing innovative products, such as natural-origin retinol, to better serve customers with advanced features. Natural-origin retinol refers to a form of retinol, a derivative of vitamin A, that is derived from natural sources rather than being synthetically produced. For instance, in February 2023, Givaudan, a Switzerland-based manufacturer of active cosmetic ingredients, launched RetiLife. This innovative active cosmetic ingredient results from advanced biotechnology development, utilizing microorganisms to produce pure retinol within a natural carrier through a fermentation process from plant sugars. Combined with natural antioxidants for enhanced protection, RetiLife achieves a remarkably high concentration of pure retinol. It marks the first-of-its-kind sustainable substitute for synthetic retinol, delivering comparable anti-wrinkle efficacy. With its 100% natural-origin content, including sunflower oil as a carrier, RetiLife distinguishes itself by avoiding synthetic additives like BHT/BHA or polysorbate. Moreover, its molecular structure mirrors that of its chemical counterpart.

Active Cosmetics Market Players
Major companies operating in the active cosmetics market report are Johnson & Johnson, BASF SE , The Procter & Gamble, Unilever Plc, L'Oréal S.A., Wacker Chemie AG, Estée Lauder, Estee Lauder Companies Inc., International Flavors & Fragrances, Eastman Chemical Company, DSM, Givaudan, Lonza, Clinique, Symrise AG, Symrise, Avon, Evonik Industries AG, Croda International Plc, Revlon, CeraVe, Laboratoires Expanscience, Shiseido Company Ltd., The Face Shop, La Roche-Posay Laboratoire Dermatologique SAS, Lucas Meyer Cosmetics, Naolys, Skinbetter Science, Mixa , Vichy, SkinCeuticals

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the active cosmetics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the active cosmetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Active Cosmetics Market Report Structure
3. Active Cosmetics Market Trends And Strategies
4. Active Cosmetics Market - Macro Economic Scenario
5. Active Cosmetics Market Size And Growth
…..
27. Active Cosmetics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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