World Cosmetic Ingredients Market to 2023 - Growing Prominence of Clean Labeling in Cosmetic Formulations

Dublin, July 16, 2019 (GLOBE NEWSWIRE) -- The "Global Cosmetic Ingredients Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

Growing demand for natural and organic cosmetic ingredients

Owing to the rising awareness about the benefits of natural cosmetic ingredients, several cosmetics companies have started offering a range of skin care and hair care products that contain natural and organic ingredients. These natural products are manufactured from ethically and sustainably sourced ingredients and target the growing demand for organic and natural cosmetics. This demand for natural and organic cosmetic ingredients will lead to the expansion of the global cosmetic ingredients market at a CAGR of over 7% during the forecast period.

The growing prominence of clean labeling in cosmetic formulations

The growing trend of clean labeling in cosmetics has significantly reduced the adoption of artificial and synthetic ingredients over the last few years. Subsequently, vendors are opting for organic and ingredients. Cosmetic companies are increasingly emphasizing the use of natural ingredients to promote clean labeling and transparency in the formulation of cosmetics. Thus, these factors are expected to further encourage R&D activity among vendors for the development of eco-friendly ingredients which in turn, will drive the growth of the market during the forecast period.

Market Dynamics

The report also looks at factors such as growing demand for natural and organic cosmetics ingredients, the rising popularity of multifunctional cosmetics, and new ingredient development. However, stringent regulations, growing consumer awareness about the health implications of synthetic ingredients, and the threat of toxic ingredients found in counterfeit cosmetics may hamper the growth of the cosmetic ingredients industry over the forecast period.

Segment Insights

This cosmetic ingredients market analysis considers sales its applications such as perfumes and fragrances, hair care and skin care, color cosmetics, and other cosmetic ingredients. The analysis also considers the sales of cosmetic ingredients in APAC, Europe, MEA, North America, and South America.

In 2018, the perfumes and fragrances segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the growing willingness of consumer on personal grooming and the rising demand for personalized fragrances will play a significant role in the perfumes and fragrances segment to maintain its market position.

Competitive Landscape

With the presence of several major players, the global cosmetic ingredients market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cosmetic ingredients vendors, that include:

• BASF
• Eastman Chemical
  
• Evonik Industries
  
• Koninklijke DSM
• Solvay

Also, the cosmetic ingredients market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

• Comparison by application
• Perfumes and fragrances - Market size and forecast 2018-2023
• Hair care and skin care - Market size and forecast 2018-2023
• Color cosmetics - Market size and forecast 2018-2023
• Other cosmetic ingredients - Market size and forecast 2018-2023
• Market opportunity by application

PART 07: MARKET SEGMENTATION BY TYPE

• Comparison by type
• Emollients, film-formers, and moisturizers - Market size and forecast 2018-2023
• Surfactants - Market size and forecast 2018-2023
• Single-use additives - Market size and forecast 2018-2023
• Carriers, powders, and colorants - Market size and forecast 2018-2023
• Thickening agents - Market size and forecast 2018-2023
• Other - Market size and forecast 2018-2023
• Market opportunity by type

PART 08: CUSTOMER LANDSCAPE

PART 09: GEOGRAPHIC LANDSCAPE

• Geographic comparison
• APAC - Market size and forecast 2018-2023
• Europe - Market size and forecast 2018-2023
• North America - Market size and forecast 2018-2023
• MEA - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

PART 12: MARKET TRENDS

• Growing prominence of clean labeling in cosmetic formulations
• Rising emphasis on health and wellness in cosmetic formulations
• Growing consolidation in the global cosmetic ingredients market

PART 13: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 14: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• BASF SE
• Eastman Chemical Co.
• Evonik Industries AG
• Koninklijke DSM N.V.
• Solvay S.A.
  

For more information about this report visit https://www.researchandmarkets.com/r/pqbmk9

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Related Topics: Cosmetics