Cosmetic Preservatives Market Analysis, Segments, Growth and Value Chain 2020-2025
Cosmetic Preservatives Market Report:
Introduction
Cosmetic
preservatives are derived from natural or synthetic ingredient. They are used
as antioxidants, antimicrobials and stabilizers. To protect the product from
contamination during use and to prevent product damage caused by
microorganisms, the use of cosmetic preservatives is necessary.
Axiom
MRC added an “Cosmetic Preservatives Market Report, By Product (Natural/Organic
Preservatives and Synthetic Preservatives), Application (Hair Care, Skin Care,
Toiletries, Fragrance & Perfumes, Baby Products) and Geography – Global
Market Share, Trend Analysis & Forecast Up To 2025”
The
use of contaminated cosmetic on the skin can cause major problems, whereas,
preservatives help prevent such problems. Cosmetics are very good medium for
growth of microbes because they contain water, oils and carbohydrates.
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Cosmetic
Preservatives Market Outlook
The
cosmetic preservatives market has witnessed remarkable growth in past few years
due to the growth in personal care industry. This market is primarily driven by
rapid increase in customer expenditure on cosmetic products and beautification.
Furthermore, increasing investments in research & development and new
product innovation of paraben free preservatives & organic preservatives
are expected to drive the global market. Additionally, rising disposable income
and growing consumer awareness towards personal hygiene & grooming are
further set to propel the product demand.
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Cosmetic
Preservatives Market Segmental Overview
Cosmetic Preservatives Market by Product
Based
on products, the global cosmetic preservative market is segmented into natural/organic
preservatives which is further segmented into organic acids, natural
antioxidants, essential oils and plant/herbal extracts. Whereas, synthetic
preservatives is sub segmented into parabens, formaldehyde releasers, phenol
derivatives, quaternary ammonium compounds and alcohols.
Cosmetic Preservatives Market by Application
Based
on application, the global cosmetic preservatives market is segmented into hair
care, skin care, toiletries, fragrance & perfumes and baby products. The
hair care application segment accounted for the largest share in 2018, due to
increasing consciousness about hair damage. Moreover, the demand of cosmetics
preservatives in toiletries segment is also anticipated to witness remarkable
growth during the forecast period 2020 to 2025.
Cosmetic Preservatives Market by Geography
Based
on geography, the global cosmetic preservatives market is segmented into North
America, Europe, Asia Pacific and Rest of the World.
This
region is expected to grow at a fastest CAGR on account of the growing
production and demand of cosmetic products in countries such as Japan, China
and India.
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Cosmetic
Preservatives Market Key Players
Some
of the major players operating in the global chemical peels market includes
Ashland Inc., BASF SE, Lonza Group Ltd., Akema Fine Chemicals, Symrise AG, The
DOW Chemical Company, Clariant AG, Salicylates & Chemicals Pvt. Ltd,
Brenntag AG, and Chemipol.
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