According to IMARC Group’s latest report, titled “Cosmetic Preservatives Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global cosmetic preservatives market size reached US$ 307.24 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 459.56 Million by 2027, exhibiting a growth rate (CAGR) of 7.03% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Cosmetic preservatives assist in preventing the growth of harmful bacteria and mold in personal care and cosmetic products. They have antioxidant properties that can protect against alterations caused by exposure to oxygen. At present, they are commonly used in lipsticks, shampoos, conditioners, lotions, moisturizers, face washes, shower cleansers, nail polishes, nail glues, hair gels, and body washes worldwide.
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At present, increasing concerns among individuals about physical appearances, along with the rising influence of social media platforms, represents one of the major factors positively influencing the demand for cosmetic preservatives around the world. In addition, rapid urbanization, expanding purchasing power of consumers and numerous product innovations are catalyzing the demand for premium quality cosmetic products around the world. This, along with the introduction of organic and vegan preservatives and the incorporation of advanced technologies in the production process, is projected to strengthen the growth of the market.
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List of Key Companies Covered in this Market Report:
- Akema Fine Chemicals
- Ashland Global Holdings Inc.
- BASF SE
- Clariant AG
- Lonza Group AG
- Salicylates and Chemicals Pvt. Ltd.
- Symrise AG
- Dow Inc.
The report has segmented the market on the basis of type, product, application and geography.
Breakup by Type:
- Synthetic Preservatives
- Natural Preservatives
Breakup by Product:
- Paraben Esters
- Formaldehyde Releasers
- Phenol Derivatives
- Inorganic Chemicals
- Quaternary Compounds
- Organic Acids and their Salts
Breakup by Application:
- Skin and Sun Care Products
- Hair Care Products
- Fragrances and Perfumes
- Makeup and Color Products
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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