The Infinium Global Research analyzes the Cosmetic Ingredients Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global cosmetic ingredients market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of cosmetic ingredients. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the cosmetic ingredients market during the period. The global cosmetic ingredients market is projected to grow at a CAGR of 5.3% over the forecast period of 2018-2024.
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Cosmetics ingredients come from a variety of sources but, unlike the ingredients of food, cosmetic ingredients are not often given importance by most of the consumers. Cosmetics often use vibrant colors that are derived from a wide variety of sources, ranging from natural sources to synthetic material developed in lab. Cosmetic ingredients are primarily used as moisturizing agents, cleansing agents, and coloring agents.
Global cosmetics ingredients market is showing a positive trend of development around the globe. Global cosmetics ingredients market is basically driven by various factors such as self-desire to look attractive and young forever, to reduce the adverse effect of pollution on the skin, societal effect on consumers, increasing consumer spending in color cosmetics etc. Furthermore, development of innovative cosmetic products, technological advancement in cosmetics ingredients, growing trend of fusion of organic and inorganic ingredients for better result and its easy availability around consumers through multiple sales channel etc. are anticipated to further boost the market of cosmetics ingredients globally.
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North America Dominates the Global Cosmetics Ingredients Market
On the basis of region, the global cosmetics ingredients market is segmented into North America, Europe, Asia, and the Rest of the World (RoW). North America dominates the global cosmetics ingredients market during the forecasted period. In Asia-Pacific, use of color cosmetic products is expected to increase, during the forecasted period due numerous factors such as rising disposable income, increasing demand of cosmetic products among young couples, growing disposable income among middle class family, increasing economic independence among women in rural and urban areas, personal factors, functional factors and social factors.
Segment Covered
The report on global cosmetic ingredients market covers segments such as, type, function and end user. On the basis of type the global cosmetic ingredients market is categorized into surfactants, polymers, emollients, antioxidants and preservatives, rheology modifiers and others. On the basis of function the global cosmetic ingredients market is categorized into cleansing agent, moisturizing agent, coloring agent and others. On the basis of end user the global cosmetic ingredients market is categorized into skin care, hair care, make up, oral care and others.
Major Key Players Mentioned in this Premium Report
The report provides profiles of the companies in the global cosmetic ingredients market such as, The Dow Chemicals, AkzoNobel, Croda International, Clariant AG, Lonza Group, Solvay SA, Innospec Inc., Evonik Industries AG, Ashland Inc. and BASF SE (Germany).
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Report Highlights:
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global cosmetic ingredients market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of cosmetic ingredients market.
Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the cosmetic ingredients market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the cosmetic ingredients market to understand the present and future trends in this market and formulate their strategies accordingly.