Press release
Cosmetic Ingredients Market Size, Trends, Scope And Forecast To 2033
Cosmetic Ingredients Market Size
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=11972&type=smp
According to The Business Research Company's, The cosmetic ingredients market size has grown strongly in recent years. It will grow from $30.55 billion in 2023 to $32.27 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to natural ingredient trends, scientific advancements, consumer awareness, regulatory changes, cultural influences.
The cosmetic ingredients market size is expected to see strong growth in the next few years. It will grow to $40.81 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to clean beauty movement, regenerative and healing ingredients, demand for microbiome-friendly ingredients, digital beauty solutions, tech-driven formulations. Major trends in the forecast period include upcycled ingredients, customized skincare kits, bioactive peptides, barrier repair ingredients, cb*d and hemp-derived ingredients.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/cosmetic-ingredients-global-market-report
Market Drivers and Trends:
The increase in demand for personal care products is expected to propel the growth of the cosmetic ingredients market going forward. Personal care products refer to a wide range of items that are commonly used for maintaining personal hygiene, enhancing beauty, and cleaning. These products are designed to support and enhance personal well-being, cleanliness, and appearance. Cosmetic ingredients are used in personal care products to provide various benefits and functionalities. These ingredients serve specific purposes and contribute to the overall performance, efficacy, and sensory experience of the products. Hence, the demand for personal care products contributes to the growth of the cosmetics ingredients market. For instance, in February 2021, according to the report by Loreal Cosmetic World, a French-based company that manufactures cosmetics and skin care products, demand for personal care products like skincare increased from more than 228 billion euros ($243.4 billion) in 2021 to 8% in 2021 and 41.8% in 2022. Also, e-commerce climbed in the beauty sector from 22.8% in 2020 to 24.5% in 2021. Therefore, the increase in demand for personal care products is driving the growth of the cosmetic ingredients market.
Major companies operating in the cosmetic ingredients market are adopting a strategic partnership approach to combine innovative and sustainable, cutting-edge biotechnological-based cosmetic ingredients. Strategic partnerships refer to a process in which companies leverage each other's strengths and resources to achieve mutual benefits and success. For instance, in August 2023, Cosmecca Korea Co., a South Korea-based K beauty manufacturing company, partnered with Vytrus, a Spain-based cosmetic ingredient manufacturing company. With this partnership, they aim to use biotechnology to develop new cosmetic ingredients that are both innovative and sustainable, leveraging Vytrus' plant stem cell technology.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
BASF SE, Unilever, The Dow Chemical Company, L'Oréal International, Evonik Industries AG, Solvay S.A., The Estée Lauder Companies Inc., DuPont, International Flavors & Fragrances Inc., Kao Chemicals, Eastman Chemical Company, DSM, Wacker Chemie AG, Givaudan, Lonza Group Ltd., Clariant AG, KCC Corporation, Symrise, Croda International PLC., Ashland Inc., P2 Science Inc., Spira Inc., Naturbeads Ltd., Allozymes, Ardra Bio, Firmenich, Protameen Chemicals, Lipoid Kosmetik, Ecogreen Oleochemicals, Aqia
Cosmetic Ingredients Market 2024 Key Insights:
• The cosmetic ingredients market size is expected to see strong growth in the next few years. It will grow to $40.81 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%.
• Rising Demand For Personal Care Products Fuels Growth In The Cosmetics Ingredients Market
• Revolutionizing Cosmetics Through Strategic Partnerships
• Asia-Pacific was the largest region in the cosmetic ingredients market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=11972&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cosmetic Ingredients Market Size, Trends, Scope And Forecast To 2033 here
News-ID: 3777098 • Views: …
More Releases from The Business research company
Leading Companies Reinforce Their Presence in the Blanket Market
The blanket market is steadily gaining traction as consumers increasingly seek comfort and style in their home essentials. With evolving preferences and technological advancements, this sector is set to experience consistent growth. Let's explore the current market value, key players, emerging trends, and the main segments fueling this expansion.
Forecasted Blanket Market Size and Growth Trajectory
The blanket market has seen consistent growth over recent years. From a market size…
Global Trends Review: The Rapid Evolution of the Sporting and Athletic Goods Mar …
The sporting and athletic goods market is experiencing steady growth, driven by evolving consumer preferences and technological advancements. As health and wellness continue to gain importance globally, this market is set for notable expansion in the coming years. Let's explore the current market size, key factors fueling its growth, leading companies, major trends, and segmentation details.
Forecast for Sporting and Athletic Goods Market Size Through 2029
The sporting and athletic…
Train Seat Market Overview, Key Growth Factors, and Insights on Top Players
The train seat industry is experiencing notable growth, driven by advancements in technology and increasing demand for improved passenger comfort. As rail travel evolves, so does the need for innovative, efficient, and adaptable seating solutions that cater to modern requirements. Let's explore the current market status, key players, trends, and segments shaping the future of train seating.
Train Seat Market Size and Growth Expectations
The train seat market has seen…
Leading Companies Solidifying Their Presence in the Spunbond Nonwovens Market
The spunbond nonwovens industry has been experiencing notable growth and shows promising prospects for the coming years. This expanding market is being driven by several innovations and increasing demand across diverse sectors, signaling a robust future.
Projected Growth and Market Size of the Spunbond Nonwovens Market
The spunbond nonwovens market has demonstrated solid expansion recently, with its size expected to rise from $15.57 billion in 2024 to $16.59 billion in…
More Releases for Cosmetic
Increasing Consumption Of Cosmetic Products Boosts Growth In Eye Cosmetic Packag …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Eye Cosmetic Packaging Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for eye cosmetic packaging has experienced robust growth in recent years. The market is projected to expand from $14.76 billion in 2024 to $15.79 billion in 2025, indicating a compound annual growth…
Cosmetic Packaging Market A Sustainable Canvas: Eco-Friendly Materials Transform …
Cosmetic Packaging Market to reach over USD 76.60 billion by the year 2031 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Cosmetic Packaging Market Size, Share & Trends Analysis Report By Material (Glass, Metal, Rigid Plastic, Paper-Based, Flexible Packaging), Application (Skin Care, Hair Care, Oral Care, Sun Care, Color Cosmetic, Fragrance & Perfume), By Type (Bottles, Tubes, Jars,…
Upcycled Cosmetic Beauty, or How to Become a key, successful Upcycled Cosmetic B …
According to a new report published by Allied Market Research, titled, "Upcycled Cosmetic Ingredients Market," The upcycled cosmetic ingredients market size was valued at $231.48 million in 2021, and is estimated to reach $433.5 million by 2031, growing at a CAGR of 6.6% from 2022 to 2031.
Download Free Sample Report: https://www.alliedmarketresearch.com/request-sample/54019
In 2021, the skin care upcycled cosmetic ingredients segment accounted for the majority of the total upcycled cosmetic ingredients industry.
Upcycled…
Cosmetic Preservatives Market Industry Analysis - Cosmetic Preservatives Market …
The Global Cosmetic Preservatives Market Size is projected to grow at a CAGR of above 6.4% during the projected years and reach a value of over USD 622 Million by 2030.
Global Cosmetic Preservatives Market Growth Factors
The rising inclination toward cosmetic preservatives due to their ability to safeguard cosmetics and increase their shelf life is expected to boost the demand of the market. Growth in sales of skincare and hair care…
Global Cosmetic Dyes Market 2020 Business Strategies – Sensient Cosmetic Techn …
The research report titled “Cosmetic Dyes Market by Type (Natural and Synthetic Dyes) and by Application (Facial Makeup, Eye Makeup, Hair Color, Lip Products, Nail Products, and Toiletries): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” and published by “Zion Market Research” is an in-depth and dedicated scrutiny of the existing stats of the global Cosmetic Dyes market entailing the numerous facets pertinent to statistics and growth of the business.…
Cosmetic Packaging Market - Soaring Cosmetic Sales and Product Development Boost …
The report includes consumption of cosmetic packaging and the revenue generated from sales of cosmetic packaging in all regions and important countries in these regions. By material type, the global cosmetic packaging market has been segmented into glass, paper, plastic, metal and others. Plastic segment is further sub-segmented into PET, PP, PE and others. By application type, the market is segmented into skin care, hair care, make up and nail…
