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Comprehensive Nanomaterials In Cosmetic And Personal Care Market Forecast 2025-2034: Growth Trends and Strategic Shifts
Nanomaterials In Cosmetic And Personal Care Market
Nanomaterials In Cosmetic And Personal Care Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for nanomaterials in cosmetics and personal care has seen a swift expansion in recent times. The market, which was valued at $2.43 billion in 2024, is projected to increase to $2.74 billion in 2025, a compound annual growth rate (CAGR) of 12.5%. Factors such as improved product functionality, advancements in drug delivery methodologies, increased consumer expectation for superior products, developments in regulations and safety measures, and progress in nanotechnology studies are responsible for the growth witnessed in the historic period.
Nanomaterials In Cosmetic And Personal Care Market Size Forecast: What's the Projected Valuation by 2029?
The market size for nanomaterials in cosmetics and personal care is projected to experience fast-paced growth in the coming years, escalating to a value of $4.42 billion by 2029 with a compound annual growth rate (CAGR) of 12.7%. This surge within the forecast period is due to evolution in nanotechnology, increasing consumer expectations for superior quality products, heightened consciousness about skin health, upsurging trend of custom beauty products, and evolutions in regulations and safety stipulations. Prominent trends during the projection period encompass advanced delivery methods, sunscreens with enhanced UV protection, anti-aging products, sustainable and eco-friendly nanomaterials, and enriched product constancy.
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What Are the Drivers Transforming the Nanomaterials In Cosmetic And Personal Care Market?
A surge in the number of older individuals is projected to spur the expansion of the nanomaterials sector in the cosmetics and personal care markets. This growth in the elderly population stems from lower birth rates and longer lifespans, brought about by healthcare advancements and better living conditions. Nanomaterials utilized in cosmetics and personal care items for the elderly provide targeted active ingredient delivery, promote skin renewal, and fight aging signs while keeping potential irritation or side effects to a minimum. As per the World Health Organization, a Swiss-based global public health organization, in October 2022, one-sixth of the world's population will be aged 60 years or more, increasing from 1 billion in 2020 to 1.4 billion by 2030. In addition, the population of individuals aged 60 and above is projected to double to 2.1 billion, while those aged 80 and above are expected to triple by 2050, reaching 426 million. Thus, the growing elderly population is pushing the development of the nanomaterials sector in the cosmetic and personal care markets.
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What Are the Key Trends Driving Nanomaterials In Cosmetic And Personal Care Market Growth?
Major corporations involved in the cosmetic and personal care nanomaterials market are dialing their attention towards the development of innovative sunscreen constituents such as titanium dioxide. The aim is to amplify UV protection, catering to the growing consumer preference for effective and visually appealing sun protection solutions. Titanium dioxide functions as an obfuscation agent in cosmetic products, contributing towards a matte look and mitigating the appearance of skin flaws like fine lines, wrinkles, and spots. For instance, Croda International plc, a speciality chemicals company based in the UK, debuted a series of state-of-the-art sunscreen ingredients in December 2023. These ingredients offer maximum UV protection while ensuring a delightfully cosmetic experience for its users. An example is Solaveil CT-60W, a water-based dispersion of titanium dioxide (TiO2) uniquely formulated to reach high SPF levels, avoiding the typical white residue left by TiO2. Bringing in advanced technologies, this formulation assures robust UV protection while staying clear on the skin.
Which Segments in the Nanomaterials In Cosmetic And Personal Care Market Offer the Most Profit Potential?
The nanomaterials in cosmetic and personal care market covered in this report is segmented -
1) By Product: Inorganic Nanomaterials
2) By Material: Metal-Based Nanomaterials, Mineral-Based Nanomaterials, Polymer-Based Nanomaterials
3) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, Specialty Stores, Online Retail
4) By End-User Industry: Cosmetic And Personal Care, Skincare, Haircare, Makeup, Other End-User Industries
Subsegments:
1) By Inorganic Nanomaterials: Titanium Dioxide (TiO2) Nanoparticles, Zinc Oxide (ZnO) Nanoparticles, Silica Nanoparticles, Aluminum Oxide (Al2O3) Nanoparticles, Magnesium Oxide (MgO) Nanoparticles
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Which Firms Dominate the Nanomaterials In Cosmetic And Personal Care Market by Market Share and Revenue in 2025?
Major companies operating in the nanomaterials in cosmetic and personal care market are Johnson & Johnson, Christian Dior SE, Procter & Gamble Company, L'Oréal S.A., Chanel Inc., Shiseido Company, Limited, Croda International plc, Lancôme, Nippon Fine Chemical Co. Ltd., Creative Biostructure, Lucas Meyer Cosmetics Canada Inc., Nikko Chemicals Co. Ltd., Anna Pegova, Dermazone Solutions Inc., Lipoid Kosmetik AG, Zelens, Nanovec, Lipotec S.A., Lipomize SRL, BioSpectrum Inc., CD Bioparticles, kyowa pharma chemical co. ltd., Phenbiox Srl
Which Regions Offer the Highest Growth Potential in the Nanomaterials In Cosmetic And Personal Care Market?
North America was the largest region in the nanomaterials in cosmetic and personal care market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nanomaterials in cosmetic and personal care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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