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Europe Functional Cosmetics Market is expected to reach USD 23.42 Bn by 2030, as per Maximize Market Research

10-23-2024 05:22 PM CET | Consumer Goods & Retail

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Europe Functional Cosmetics Market

Europe Functional Cosmetics Market

Europe Functional Cosmetics Market was worth US$ 15.47 Bn. in 2022 and total revenue is expected to grow at a rate of 6.1% CAGR from 2023 to 2029, reaching almost US$ 23.42 Bn. in 2029.

๐€๐ซ๐ž ๐œ๐จ๐ฌ๐ฆ๐ž๐ญ๐ข๐œ๐ฌ ๐ซ๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐ž๐ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž?

All Member States are bound by the framework of European Union rules pertaining to chemicals and cosmetics, which are enforced at the national level. Upholding compliance is the responsibility of a competent authority in each EU nation.

๐ˆ๐ฌ ๐ข๐ญ ๐ฅ๐ž๐ ๐š๐ฅ ๐Ÿ๐จ๐ซ ๐ฆ๐ž ๐ญ๐จ ๐ฌ๐ž๐ฅ๐ฅ ๐ฆ๐š๐ค๐ž๐ฎ๐ฉ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž?

Yes, as long as you go by the cosmetic regulations. This implies that Good Manufacturing Practice (GMP) must be followed. Among other reasons, GMP guarantees that cosmetics are manufactured consistently, batch after batch, to a safety standard.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.maximizemarketresearch.com/request-sample/126144/

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‚๐จ๐ฌ๐ฆ๐ž๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

In today's beauty industry, functional makeups are one of the fastest-growing product categories. Functional products refer to skincare, anti-aging, sun protection, hair care, and similar items. Additionally, the incorporation of natural ingredients in cosmetic product formulations has spurred the fast growth of the European Functional Cosmetics sector. The Italian market is consistently enthusiastic about new products, especially when it comes to advancements in technology and moving necessities that prompt the development of new innovations. According to a report by the MMR, the following trends are expected to significantly influence cosmetic purchases in the upcoming forecast period.

The ongoing pandemic has severely impacted all aspects of the economy and people's daily lives. Customer behaviour has been altered by rising redundancy rates, reduced flexibility in spending, and restrictions on social distancing and lockdowns. Significant disparities exist between successful conquerors and failures, with the sub-segments that rely heavily on physical sales and lack a digital presence bearing the most significant consequences. The effectiveness of the digital strategy, capacity to meet orders in isolation, and direct customer interaction define successes. Rapid growth in the current shift towards digital. Increased understanding of health, wellness & sustainability.

๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ˆ๐ฌ ๐‰๐ฎ๐ฌ๐ญ ๐š ๐‚๐ฅ๐ข๐œ๐ค ๐€๐ฐ๐š :https://www.maximizemarketresearch.com/request-sample/126144/

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‚๐จ๐ฌ๐ฆ๐ž๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐๐ฒ ๐“๐ฒ๐ฉ๐ž

Alpha Hydroxy Acids (AHAs)
Beta Hydroxy Acid (Salicylic Acid)
Retinoid
Hyaluronic Acid
Vitamin C & E
Glycerin

๐๐ฒ ๐…๐ฎ๐ง๐œ๐ญ๐ข๐จ๐ง

Cleansing Agent
Moisturizing Agent
Lightening Agent
Anti-aging Agent

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Skin Care
Hair Care
Others

๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ

Male
Female
Unisex

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐ž๐ž๐ค ๐ข๐ง๐ฌ๐ข๐๐ž? ๐†๐ซ๐š๐› ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/126144/

๐‹๐ฎ๐ฑ๐ฎ๐ซ๐ฒ ๐…๐ฎ๐ซ๐ง๐ข๐ญ๐ฎ๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ

Unilever
BASF SE
Clariant AG
Croda International Plc
Evonik Industries AG
Gattefossรฉ SAS
Givaudan SA
Lonza
Lucas Meyer Cosmetics
Nouryon
Seppic SA
Symrise AG
L'Orรฉal, Unilever
Procter & Gamble Co
The Estee Lauder Companies
Shiseido Company
Beiersdorf AG.

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/market-report/europe-functional-cosmetics-market/126144/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What was the Market size in 2023?
What is the projected demand for theEurope Functional Cosmetics Market?
Which are the factors expected to drive the Market growth?
What is the future projection for theEurope Functional Cosmetics Market?

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

PastEurope Functional Cosmetics Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Europe Functional Cosmetics Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง

Aspartic Acid Market size was valued at USD 107.8 million in 2023 and the market revenue is expected to grow at a CAGR of 7.17%.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/aspartic-acid-market/265006/

The White Inorganic Pigment Market size was valued at USD 22.78 Billion in 2023 and the total White Inorganic Pigment Market revenue.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/white-inorganic-pigment-market/230744/

The Curling Irons Market size was valued at USD 2.88 Billion in 2023 and the total Curling Irons revenue is expected to grow at a CAGR.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/curling-irons-market/230620/

India Consumer Electronics Market is expected to reach US$ 125.99 Bn in terms of revenue with a high CAGR of 6.15% in the forecasting period 2024-2030.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/consumer-electronics-market/12061/

Cookware Market size was valued at USD 14.65 Bn in 2023 and the total revenue is expected to grow at CAGR 7.2% through 2024 to 2030, reaching nearly USD 23.84 Bn.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/cookware-market/124386/

Corporate Event Market was valued at US$ 7.01 Bn in 2023 and is expected to reach US$ 21.43 Bn by 2030, at a CAGR of 17.3% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/corporate-event-market/148291/

Courier Services Market size was valued at USD 428.70Bn. in 2023 and the total Graphene Battery revenue is expected to grow by 5.8 % from 2024 to 2030, reaching nearly USD 636.14 Bn.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/courier-services-market/168771/

The global cruise market was valued at USD 24.3 billion in 2023 and is forecast to grow at a CAGR of 6.7% from 2024 to 2030, reaching USD 38.26 billion by 2030.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/cruise-market/201337/

Cut Flower Market size was valued at USD 37.52 Billion in 2023 and the total Cut Flower revenue is expected to grow at a CAGR of 4.8% from 2024 to 2030, reaching nearly USD 52.09 Billion.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/cut-flower-market/188508/

Dish Washing Detergent Market was valued at US$ 9.69 Bn. in 2023. Global Market size is expected to grow at a CAGR of 4.6 % through the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/dish-washing-detergent-market/148444/

DIY Eyelash Market size was valued at US$ 537.64 Mn. in 2023, and the total revenue is expected to grow by 6.8% from 2024 to 2030, reaching nearly US$ 852.10 Mn.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/diy-eyelash-market/146870/

Doors Market size was valued at US$ 10.41 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 4.8% through 2024 to 2030, reaching nearly US$ 14.46 Bn.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/doors-market/22255/

The Down Jacket Market size was valued at US $178.76 Billion in 2023 and is forecasted to grow at a CAGR of 12.22% from 2024 to 2030, reaching nearly US $400.66 Billion.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/down-jacket-market/193900/

๐Œ๐€๐—๐ˆ๐Œ๐ˆ๐™๐„ ๐Œ๐€๐‘๐Š๐„๐“ ๐‘๐„๐’๐„๐€๐‘๐‚๐‡ ๐๐•๐“. ๐‹๐“๐ƒ.

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

Maximize Market Research is a global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.

Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.

Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.

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