Global Cosmetic Preservatives Market, By Type (Paraben Esters, Formaldehyde Donors, Phenol Derivatives, Alcohols, Inorganics, Quaternary Compounds, Organic and Their Salts, Others), Raw Material (Synthetic, Natural), Application (Lotions, Facemasks, Sunscreens and Scrubs, Shampoo and Conditioners, Soaps, Shower Cleansers and Shaving Gels, Face Powder and Powder Compacts, Mouthwash and Toothpaste, Others) – Industry Trends and Forecast to 2029.
Cosmetic Preservatives Market Analysis and Size
The global cosmetic preservatives market is expected to drive by improving the consumer’s inclination towards the self-care with up-gradation in the quality of cosmetic product and rising awareness regarding beauty product among end users. The rising demand of natural products over synthetic products towards consumers is another major factor which is adding value to the growth of the cosmetic preservatives market. The “natural cosmetic preservatives” is the highest growing raw material segment due to increasing incorporation of natural ingredients in cosmetic formulations and availability of natural alternatives over the synthetic cosmetic preservatives which has supported by growing consumer awareness towards the harmful nature of chemical ingredients over the forecast period. Furthermore, increasing investment on R&D projects by major market players to bring the latest beauty care product creates immense opportunities for the growth of the cosmetic preservatives market.
Data Bridge Market Research analyses that the cosmetic preservatives market is expected to undergo a CAGR of 7.00% during the forecast period. This indicates that the market value, which was USD 383.17 million in 2021, would rocket up to USD 658.36 million by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Cosmetic Preservatives Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Paraben Esters, Formaldehyde Donors, Phenol Derivatives, Alcohols, Inorganics, Quaternary Compounds, Organic and Their Salts, Others), Raw Material (Synthetic, Natural), Application (Lotions, Facemasks, Sunscreens and Scrubs, Shampoo and Conditioners, Soaps, Shower Cleansers and Shaving Gels, Face Powder and Powder Compacts, Mouthwash and Toothpaste, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Ashland (U.S.), BASF SE (Germany), Evonik Industries (Germany), Akema (Italy), Symrise AG (Germany), Clariant AG (Switzerland), Salicylates and Chemicals Pvt. Ltd (India), Chemipol (Spain), International Flavors and Fragrances Inc. (U.S.), Sharon Laboratories (Israel), Dow (U.S.), The Lubrizol Corporation (U.S.), NIPPON SHOKUBAI CO. LTD (Japan), Henan Qingshuiyuan Technology CO., Ltd., (China), Aurora Fine Chemicals (U.S.), Zouping Dongfang Chemical Co., Ltd. (China), ACURO ORGANICS LIMITED (U.S.), Maxwell Additives Pvt. Ltd (India), Nouryon (Netherlands), Lonza (Switzerland)
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Market Opportunities
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Market Definition
Cosmetic preservative is a synthetic or natural ingredients added to personal care products to inhibit the unnecessary chemical changes and decay from the microbial growth. The consumption of cosmetic preservatives is important in most products to prevent the damage of product damage and to prevent the cosmetic products from uncalculated contamination. Cosmetic products such as hair-smoothing products, colour cosmetics, fragrances, lipsticks, shampoos, conditioners, lotions, moisturizers, and anti-aging products all consist preservatives.
Cosmetic Preservatives Market Dynamics
Drivers
- Increasing awareness towards the use of cosmetic preservatives
Growing consumer awareness and inclination towards the use of cosmetic preservatives due to its ability to protect the cosmetic products for a longer time. Easy availability of synthetic and natural cosmetic preservatives are expected to boost the demands of the cosmetic preservatives in the market. Growing cosmetic product adoption due to various benefits such as maintaining the product freshness during the long time between the time of manufacture and the time the consumer finishes using the product may contribute towards the expansion of cosmetic preservatives market.
- Stringent regulatory norms to limit the use of ingredients
Cosmetic products contain a wide range of ingredients. These ingredients cover cosmetic preservatives, unique fragrances and cleansing agents. Regulatory authorities are continuously taking initiatives to limit the use of those ingredients that cause health issues. Governments have imposed stringent rules and regulations regarding the use of natural cosmetic preservatives for the manufacture of cosmetic products which are expected to drive the growth rate of the cosmetic preservatives market.
Furthermore, shelf life development, shifting inclination towards the usage of natural cosmetic products amongst consumers, enhanced living standards, growing use of herbal ingredients in cosmetic products and availability of natural and synthetic preservatives are some of the major factors which are expected to drive the growth of the cosmetic preservatives market during the forecast period of 2022 to 2029.
Opportunities
- Increasing focus on male-specific cosmetics
Now-a-days, people are inclined to use those cosmetic products that make them look good. There is a substantial demand for the male-specific cosmetics which is ranging from moisturizers to anti-agers to mud masks. Several problems are faced by younger males related to hair fall, oily skin, acne and wrinkles, among others. All these problems can be overcome with the use of good and natural cosmetic preservatives and awareness regarding the use of the proper cosmetic preservatives. Cosmetic manufacturing companies, thus, have lucrative opportunities for the growth of the cosmetic preservatives specifically targeting the male segment.
Restraints/Challenges
- Risk associated with synthetic ingredients
Several side effects are associated with the use of synthetic cosmetic preservatives in the formulation of cosmetic products. For instance, the extensive use of use of hydroquinone affects health such as it causes skin cancer, respiratory tract irritation and organ system toxicity. Also the extensive use of mercury as a functional cosmetic lightens the skin tone and decreases dark spots, however, it can damage the brain, kidneys and liver.
This cosmetic preservatives market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the cosmetic preservatives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Cosmetic Preservatives Market
The outbreak of covid-19 pandemic has declined the growth of the global cosmetic preservative market due to shutdown of several manufacturing plants. Further several countries have restricted the production activities during the pandemic. The lockdown leads to suddenly dropping down the demand and purchasing of cosmetic products, decreasing the demand for cosmetic preservatives. Also, the halt in the transportation sectors has severely hindered the business of cosmetic preservative market because of the disruption in the product's supply chain management. All these factors may lead to declining manufacturers' profits, which may impact the growth of the cosmetic preservatives market.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- On January 2022, Symrise AG sign a contract with Schaffelaarbos, the European market leader in pet food. Symrise expects to take a major strategic step in pet nutrition with this deal for the expansion globally. Symrise's current capabilities are expected to be perfectly supplemented by integrating the activities of ADF/IsoNova in the U.S. with the state-of-the-art facilities of Schaffelaarbos in Barneveld, NL.
- In March 2022, Sharon Labs has agreed to acquisition RES Pharma Industriale which is a specialized chemical manufacturer in Trezzo sull'Adda, Italy (RPI). This acquisition of RPI is planned to close in March 2022, with RPI's technology, commercial development, R&D, production and customer service capabilities being incorporated into Sharon Laboratories' Personal Care division.
Global Cosmetic Preservatives Market Scope
The cosmetic preservatives market is segmented on the basis of type, raw material and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Paraben Esters
- Formaldehyde Donors
- Phenol Derivatives
- Alcohols
- Inorganics
- Quaternary Compounds
- Organic and Their Salts
- Others
Raw Material
- Synthetic
- Natural
Application
- Lotions
- Facemasks
- Sunscreens and Scrubs
- Shampoo and Conditioners
- Soaps
- Shower Cleansers and Shaving Gels
- Face Powder and Powder Compacts
- Mouthwash and Toothpaste
- Others
Cosmetic Preservatives Market Regional Analysis/Insights
The cosmetic preservatives market is analysed and market size insights and trends are provided by country, type, raw material and application as referenced above.
The countries covered in the cosmetic preservatives market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the cosmetic preservatives market due to the increasing demand for cosmetic among consumers because of increasing awareness regarding beauty products in this region
Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2022-2029due to the rising health consciousness amongst consumers, rising demand for facial creams, hair gels and anti-aging creams and growing awareness of cosmetics preservatives in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Cosmetic Preservatives Market Share Analysis
The cosmetic preservatives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to cosmetic preservatives market.
Some of the major players operating in the cosmetic preservatives market are:
- Ashland (U.S.)
- BASF SE (Germany)
- Evonik Industries (Germany)
- Akema (Italy)
- Symrise AG (Germany)
- Clariant AG (Switzerland)
- Salicylates and Chemicals Pvt. Ltd (India)
- Chemipol (Spain)
- International Flavors and Fragrances Inc. (U.S.)
- Sharon Laboratories (Israel)
- Dow (U.S.)
- The Lubrizol Corporation (U.S.)
- NIPPON SHOKUBAI CO. LTD (Japan)
- Henan Qingshuiyuan Technology CO., Ltd., (China)
- Aurora Fine Chemicals (U.S.)
- Zouping Dongfang Chemical Co., Ltd. (China)
- ACURO ORGANICS LIMITED (U.S.)
- Maxwell Additives Pvt. Ltd (India)
- Nouryon (Netherlands)
- Lonza (Switzerland)
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