Global Cosmetic Ingredients Market Report Size, Trends & Growth Opportunity, By Application (Skin Care, Hair Care, Makeup, Fragrance, Oral Care, Others), By Functionality (Cleansing Agents & Foamers, Aroma, Moisturizing, Specialty, Others), By Product Type (Active Ingredients (Moisturizing Agents, Anti-Aging Agents, UV Filters, Exfoliating Agents, Antimicrobial Agents, Other Ingredients), Surfactant, Emollient, Polymer, Oleo-chemical, Botanical Extract (Herbs & Spices, Leaves, Vegetables & Fruits, Flowers, Seeds & Nuts, Barks & Berries, Bulbs & Roots, Others), Rheology Modifier, Preservatives, Antioxidant, Emulsifier, and Stabilizer, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2027.
Global Cosmetic Ingredients Market
The Global Cosmetic Ingredients Market is estimated to be USD 19,480.38 Mn in 2021 and is projected to reach USD 27,804.12 Mn by 2027, growing at a CAGR of 4.91%.
The elements that go into the creation of cosmetic goods such as body lotions, eyeliners, lipsticks, moisturizers, and lotions with sunscreen are Cosmetic ingredients. some of the substances used in cosmetics are Water, moisturizers, preservatives, emulsifiers, thickeners, lubricants, pigments, and perfumes.
Market Drivers
Cosmetic components are quite helpful in oral care products like toothpaste and gel for their cleansing capabilities, in addition to skincare and body care. Due to the increased incidence of periodontal disease, companies have started advertising campaigns to spread awareness about and increase accessibility to oral care products.
Procter & Gamble, for instance, launched a campaign in January 2021 to empower 2 billion people to establish healthy dental hygiene practices. A sustainable project that would make it feasible for individuals to readily obtain Unilever's dental care products was also a joint effort by EPL and Unilever in May 2021.
The initiatives will have a positive impact on the development of the cosmetic ingredients market throughout the projected year by increasing both the demand for and production of oral care products, which will hasten the use of cosmetic components in their manufacture.
Market Restraints
Chemical or synthetic cosmetic components that are especially bad for human skin, like sodium lauryl sulphate, propylene glycol, and methyl, can cause both cancer and chapped skin. To stop these harmful skin consequences, governmental bodies have developed a few restrictions. For instance, the australian government's national industrial chemicals notification and assessment Program limits the use of chemicals in cosmetics.
The use of certain synthetic cosmetic ingredients in cosmetics is also prohibited by the EU cosmetic directive. Such rules might limit the use of synthetic compounds in cosmetics and personal care products, which might impede industry growth and set a ceiling on the size of the market for cosmetic ingredients over the projection period.
Market Segmentation
The cosmetic Ingredients Market is segmented into major 4 categories. Based on Application, the market is segmented into Skin Care, Hair Care, Makeup, Fragrance, Oral Care, and Others. Based on Functionality, the market is divided into Cleansing Agents & Foamers, Aroma, Moisturizing, Specialty, and Others. Based on By Product Type, the market is segmented into Active Ingredients (Moisturizing Agents, Anti-Aging Agents, UV Filters, Exfoliating Agents, Antimicrobial Agents, Other Ingredients), Surfactant, Emollient, Polymer, Oleo-chemical, Botanical Extract (Herbs & Spices, Leaves, Vegetables & Fruits, Flowers, Seeds & Nuts, Barks & Berries, Bulbs & Roots, Others), Rheology Modifier, Preservatives, Antioxidant, Emulsifier and Stabilizer, Others. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Based on region Asia-Pacific region dominates the Cosmetic Ingredients Market across the world, owing to the Growing consciousness concerning personal care and beauty, especially among the millennial population. Also, increasing demand for premium cosmetics, and rising disposable income of consumers in the region.
Europe is anticipated to grow at a significant CAGR owing to a rise in expenditure on personal care products & increase in the geriatric population. Also, products with ingredients like emollient, polymer& olio chemicals are witnessing high demand in the region.
North America is likely to witness growth due to Consumers' increased attention to beauty and personal care & rising demand for cosmetics like eye and facial makeup, as growing incidences of skin & hair problems like acne, hair loss, and split ends.
Market Key Players
Some of the key players operating in the global Cosmetic Ingredients market are BASF FE, Estee Lauder Company, Croda International Plc, The Dow Chemical Company, Eastman Chemical Company, Clariant AG, Wacker Chemie AG, Ashland Global Specialty Chemicals, Lonza Group Ltd., Solvay S.A.
Industry development
In June 2019 BASF Care Creations™ has launched three new active ingredients for the beauty market which make use of the unique properties of the rambutan tree (Nephelium lappaceum) to offer unparalleled skin hydration and rejuvenation for today's globally conscious consumers. These are the first ingredients developed through the BASF Rambutan Program, a socially and environmentally responsible supply chain initiative for the production of sustainable bio-actives in Vietnam.
In June 2020 Eastman Chemical Company launched Eastman GEM™ retinyl sunflower a pro-retinol derivative composed of retinol and sunflower fatty acids. It is a biobased, formulation-stable, easy-to-handle, nonirritating antiaging ingredient. Retinyl sunflower rate is manufactured using Eastman’s EPA award-winning GEM technology, which applies the 12 Design Principles of Green Chemistry.
In May 2022 Beauty major The Estée Lauder Companies outlined a method it has developed to score ingredients, formulations, and products on their green value, considering human health, ecosystem health, and environmental endpoints throughout the supply chain.
Market Taxonomy
By Application
• Skin Care
• Hair Care
• Makeup
• Fragrance
• Oral Care
• Others
By Functionality
• Cleansing Agents & Foamers
• Aroma
• Moisturizing
• Specialty
• Others
By Product Type
• Active Ingredients
o Moisturizing Agents
o Anti-Aging Agents
o UV Filters
o Exfoliating Agents
o Antimicrobial Agents
o Other Ingredients
o • Surfactant
• Emollient
• Polymer
• Oleo-chemical
• Botanical Extract
o Herbs & Spices
o Leaves
o Vegetables & Fruits
o Flowers
o Seeds & Nuts
o Barks & Berries
o Bulbs & Roots
o Others
• Rheology Modifier
• Preservatives
• Antioxidant
• Emulsifier and Stabilizer
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middles East & Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Cosmetic Ingredients Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Cosmetic Ingredients Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Cosmetic Ingredients Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Cosmetic Ingredients Market, By Application
5.1 Y-o-Y Growth Comparison, By Application
5.2 Cosmetic Ingredients Market Share Analysis, By Application
5.3 Cosmetic Ingredients Market Size and Forecast, By Application
5.3.1 Skin Care
5.3.2 Hair Care
5.3.3 Makeup
5.3.4 Fragrance
5.3.5 Oral Care
5.3.6 Others
6 Cosmetic Ingredients Market, By Product Type
6.1 Y-o-Y Growth Comparison, By Product Type
6.2 Cosmetic Ingredients Market Share Analysis, By Product Type
6.3 Cosmetic Ingredients Market Size and Forecast, By Product Type
6.3.1 Active Ingredients
6.3.1.1 Moisturizing Agents
6.3.1.2 Anti-Aging Agents
6.3.1.3 UV Filters
6.3.1.4 Exfoliating Agents
6.3.1.5 Antimicrobial Agents
6.3.1.6 Other Ingredients
6.3.2 Surfactant
6.3.3 Emollient
6.3.4 Polymer
6.3.5 Oleo-chemical
6.3.6 Botanical Extract
6.3.6.1 Herbs & Spices
6.3.6.2 Leaves
6.3.6.3 Vegetables & Fruits
6.3.6.4 Flowers
6.3.6.5 Seeds & Nuts
6.3.6.6 Barks & Berries
6.3.6.7 Bulbs & Roots
6.3.6.8 Others
6.3.7 Rheology Modifier
6.3.8 Preservatives
6.3.9 Antioxidant
6.3.10 Emulsifier and Stabilizer
6.3.11 Others
7 Cosmetic Ingredients Market, By Functionality
7.1 Y-o-Y Growth Comparison, By Functionality
7.2 Cosmetic Ingredients Market Share Analysis, By Functionality
7.3 Cosmetic Ingredients Market Size and Forecast, By Functionality
7.3.1 Cleansing Agents & Foamers
7.3.2 Aroma
7.3.3 Moisturizing
7.3.4 Specialty
7.3.5 Others
8 Cosmetic Ingredients Market, By Region
8.1 Cosmetic Ingredients Market Share Analysis, By Region
8.2 Cosmetic Ingredients Market Share Analysis, By Region
8.3 Cosmetic Ingredients Market Size and Forecast, By Region
9 North America Cosmetic Ingredients Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Cosmetic Ingredients Market Share Analysis, By Application
9.3 North America Cosmetic Ingredients Market Size and Forecast, By Product Type
9.4 North America Cosmetic Ingredients Market Size and Forecast, By Functionality
9.5 North America Cosmetic Ingredients Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Cosmetic Ingredients Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Cosmetic Ingredients Market Share Analysis, By Application
10.3 Europe Cosmetic Ingredients Market Size and Forecast, By Product Type
10.4 Europe Cosmetic Ingredients Market Size and Forecast, By Functionality
10.5 Europe Cosmetic Ingredients Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Cosmetic Ingredients Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Cosmetic Ingredients Market Share Analysis, By Application
11.3 Asia Pacific Cosmetic Ingredients Market Size and Forecast, By Product Type
11.4 Asia Pacific Cosmetic Ingredients Market Size and Forecast, By Functionality
11.5 Asia Pacific Cosmetic Ingredients Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Cosmetic Ingredients Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Cosmetic Ingredients Market Share Analysis, By Application
12.3 Latin America Cosmetic Ingredients Market Size and Forecast, By Product Type
12.4 Latin America Cosmetic Ingredients Market Size and Forecast, By Functionality
12.4 Latin America Cosmetic Ingredients Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Cosmetic Ingredients Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Cosmetic Ingredients Market Share Analysis, By Application
13.3 Middle East Cosmetic Ingredients Market Size and Forecast, By Product Type
13.4 Middle East Cosmetic Ingredients Market Size and Forecast, By Functionality
13.5 Middle East Cosmetic Ingredients Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 BASF FE.
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Estee Lauder Company
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Croda International Plc
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 The Dow Chemical Company
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Eastman Chemical Company
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Clariant AG
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Wacker Chemie AG
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Ashland Global Specialty Chemicals
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Lonza Group Ltd.
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Solvay S.A.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
