The market for Cosmetic Ingredients Market is expected to reach US$ XX Bn By 2023.
The cosmetic ingredients market has showcased an uplift over the past few years due to increasing consciousness among consumers to enhance their physical appearances. Cosmetic ingredients are generally a set of ingredients that are utilized in the formulation of cosmetics. It has been noted that increasing awareness of clean-label cosmetic products has led to the development of eco-friendly cosmetic products. This will boost the demand for cosmetic ingredients all across the globe in the future.
The global cosmetic ingredients market is growing at a significant pace and is anticipated to observe robust growth over the forecast years until 2023. Increasing awareness towards appearance, brushing up, and enhancing personal disposable income, along with rising prices, are expected to stimulate the growth of the cosmetic ingredients market over the forecast period.
At present, the North American region captured the maximum share in revenue from the cosmetic ingredients market and is anticipated to dominate over the forecast period. Rising urbanization, along with an increasing desire for skin care, is anticipated to expand the growth of the region over the forecast period.
The global cosmetic ingredients market is mainly concentrated in Europe and North America. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
By Type of Product
By End-Use
By Functionality
By Geography
BASF SE, Sederma Inc., DuPont, Croda International, Akzo Nobel, The Dow Chemical Company, Colgate Palmolive, L’Oreal International, Unilever, COTY Inc., and others
The market for Cosmetic Ingredients Market is expected to reach US$ XX Bn By 2023.
The Cosmetic Ingredients Market is expected to see significant CAGR growth over the coming years, at XX%.
The report is forecasted from 2016 To 2023.
The base year of this report is 2015.
BASF SE, Sederma Inc., DuPont, Croda International, Akzo Nobel, The Dow Chemical Company, Colgate Palmolive, L’Oreal International, Unilever, COTY Inc. are some of the major players in the global market.