Global Cosmetic Ingredients Market 2017-2021

This market research report identifies suppliers like AkzoNobel, Ashland, BASF, Clariant, and Evonik Industries to be the key vendors in the global cosmetic ingredients market. It also presents a detailed segmentation of the global market by type (emollients, single use additives, thickening agents, surfactants, carriers, powders, and colorants, and others), by application (hair care and skin care, color cosmetics, perfumes and fragrances), and by geography (the Americas, APAC, and EMEA).

Overview of the global cosmetic ingredients market

Technavio’s market research analyst predicts the global cosmetic ingredients market to grow steadily at a CAGR of above 4% by 2021. One of the primary drivers for this market is the recent rise in the interest in grooming products, particularly from the male consumer segment. The increasing emphasis on personal grooming by the male consumer segment is driving the cosmetic ingredients market globally. For instance, hair care products like hair serums are highly popular among male consumers.  Also, the rising demand for anti-aging products such as anti-aging skin nourishers and anti-cellulites is expected to drive the growth of the new active ingredient chemical formulations. This increase in the demand for anti-aging and male grooming products will, in turn, contribute to the growth of the global cosmetic ingredients market in the next five years.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. The market in this region is driven by the increasing consumer awareness of the availability and benefits of different personal care products. An increased emphasis on personal hygiene and the growing population base are also boosting the demand for cosmetics, which, in turn, fuels the demand for cosmetic ingredients across the region. Moreover, the growing importance placed by consumers on physical appearance and the increasing demand for cosmeceuticals will further aid in the growth of the market in this region.

Competitive landscape and key vendors

The global cosmetic ingredients market is highly fragmented due to the presence of multiple vendors. In this market, players compete mainly on parameters like product performance and quality, price, availability, security of supply, and customer service. The intense level of competition in the market is further propelling capacity scale ups of organic manufacturers and is encouraging new launches of multifunctional products and products with active ingredients.

Leading vendors in the market are -

  • AkzoNobel
  • Ashland
  • BASF
  • Clariant
  • Evonik Industries

Other prominent vendors in the cosmetic ingredients market include Active Organics, Bayer, Croda International, Eastman Chemical, Emery Oleochemicals, FMC, Pilot Chemical, Procter & Gamble (P&G), Solvay, and United-Guardian Incorporated.

Segmentation by type and analysis of the cosmetic ingredients market

  • Emollients, film formers, and moisturizers
  • Single use additives
  • Thickening agents
  • Surfactants
  • Carriers, powders, and colorants

During 2016, the emollients, film formers, and moisturizers segment dominated the cosmetic ingredients market and accounted for a major part of the overall market’s share. The exponentially increasing demand for anti-aging products and numerous beneficial properties of this material are the key factors responsible for the dominance of this segment.

Segmentation by application and analysis of the cosmetic ingredients market

  • Hair care and skin care
  • Color cosmetics
  • Perfumes and fragrances

In this market study, analysts have estimated the hair care and skin care segment to dominate the global cosmetic ingredients market during the forecast period. Changing fashion preferences among the younger generation is fueling the demand for certain hair care and skin care products; thereby, spurring the demand for ingredients that are required to manufacture these products.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global cosmetic ingredients market?
  • What are the key market trends impacting the growth of the global cosmetic ingredients market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global cosmetic ingredients market?
  • What are the market opportunities and threats faced by the vendors in the global cosmetic ingredients market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global cosmetic ingredients market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

  • Global Cosmetic Tubes and Jars Market 2017-2021
  • Global Halal Cosmetics Market 2017-2021
  • Global Cosmetic Preservatives Market 2016-2020

To offer clients insights into the ever-changing supply landscape for the cosmetic ingredients market, Technavio takes into consideration multiple perspectives and elaborates on the key trends and drivers affecting the specialty chemicals industry. While analyzing this market space, the research professionals have observed that this industry is witnessing profound market advancements in terms of cosmeceuticals, which is likely to create numerous business opportunities, both globally and regionally, to impact the overall chemicals and materials industry’s growth.

Cosmetic

By keeping in mind the opportunities, challenges, and latest trends in the specialty chemicals segment, Technavio presents an all-inclusive picture of these performance chemicals by evaluating the market space for cosmetic ingredients. The upcoming report on cosmetic ingredients follows a careful approach to primary and secondary research, judicious use of appropriate analytical approaches, and analyzing the current marketing trends, sales, and products. Additionally, it has been noted that the requirement for active ingredients in cosmetic formulations will surge in the coming years owing to the growing demand for anti-aging and sun care products. Also, several cosmetic companies are using natural cosmetic preservatives and oxidants in personal care products to prevent microbial contamination. Our market intelligence reports help clients make intelligent business plans and investment decisions so that your enterprise reaps high ROI.

Our upcoming market intelligence report on cosmetic ingredients also considers the growth of other progressive specialty chemicals markets like global aroma chemicals market, which is expected to grow at a CAGR of around 5% by 2021.  Technavio also provides a detailed analysis of the various specialty chemicals like additives and adhesivesconstruction chemicalsflavors and fragranceselectronic chemicals, lubricants, oilfield chemicals, and paints. It also helps suppliers gain a competitive advantage over their peers by providing effective marketing and research strategies. Our reports are also intended to help businesses build awareness and knowledge of competitors in each market

The market report for cosmetic ingredients also highlights the key drivers, emerging trends, as well as the challenges that the specialty chemicals industry is currently witnessing. It also presents insights into the changing competitive landscape to give businesses a complete picture of the future direction of the chemicals and materials sector.

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Post time: Feb-12-2018
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