Global Cosmetic Preservatives Market Share is Likely to Grow at a CAGR Value of 6.20 % By 2028

01-Sep-2022 | Facts and Factors

According to Facts and Factors, the cosmetic preservatives market size was worth USD 382.50 million in 2021 and is estimated to grow to USD 548.75 million by 2028, with a compound annual growth rate (CAGR) of approximately 6.20% over the forecast period. The report analyzes the cosmetic preservatives market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the cosmetic preservatives market.

The term "cosmetic preservatives" refers to a variety of substances added specifically to cosmetic products to prevent contamination and the growth of germs during production, transportation, storage, or usage. When exposed to air and moisture, they protect the formula and guarantee the product's longevity and stability. Natural preservatives, such as oil extracts from curry leaves, cinnamon, and clove buds, and synthetic preservatives, such as parabens, organic acids, formaldehyde releasers, phenoxyethanol, and isothiazolinones, are some of the regularly used cosmetic preservatives. Most frequently, they are included in personal care items, including face masks, lotions, sunscreens, scrubs, hair conditioners, face powders, soaps, and other similar items.

Browse the full “Cosmetic Preservatives Market Size, Share, Growth Analysis Report By Type (Paraben Esters, Formaldehyde Donors, Phenol Derivatives, Alcohols, Inorganic, Quaternary Compounds, Organic Acids & Their Salts, Others), By Application (Lotions, Facemasks, Sunscreens, & Scrubs, Shampoos & Conditioners, Soaps, Shower Cleansers & Shaving Gels, Face Powders & Powder Compacts, Mouthwashes & Toothpastes, Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/cosmetic-preservatives-market

One of the main reasons influencing the market's growth is consumers' growing preference for customized cosmetic products and the general public's growing awareness of beauty. Due to the water and oil content, cosmetic goods are easily infected by fungus and bacteria. Cosmetic preservatives are typically added as antioxidants, antimicrobials, and stabilizers to stop skin infections and other issues. This has a positive effect on the demand for the product. Another aspect promoting growth is new product developments, such as using phenol derivatives as a superior substitute for parabens. To reduce the possibility of contamination, manufacturers strongly emphasize creating cosmetics with longer shelf lives and organic preservatives. The use of cutting-edge technology in producing cosmetic preservatives and other factors, including quick urbanization and rising consumer spending power, are all expected to fuel the market.

The cosmetic preservatives market has been segmented into type, application, and region. Based on type, the cosmetic preservatives market is divided into paraben esters, formaldehyde donors, phenol derivatives, alcohols, inorganic, quaternary compounds, organic acids & their salts and others. The quaternary compounds sector dominated the global cosmetic preservatives market share in 2021. Based on application, the cosmetic preservatives market is divided into lotions, face masks, sunscreens, & scrubs, shampoos & conditioners, soaps, shower cleansers & shaving gels, and face powders & powder compacts, mouthwashes & toothpaste and others. In terms of value and volume, the shampoo and conditioners segment dominated the global cosmetic preservative market in 2021.

The global cosmetic preservatives market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In 2021, North America will dominate the market because more people are choosing vegan, natural, and organic cosmetic products. The regional need for natural cosmetic preservatives should increase due to the high desire for organic beauty products to counteract the detrimental effects of sun, dust, and other elements. Sales of toiletries are being driven by changing consumer lifestyles and an expanding FMCG market in North America, which should be positive for the overall business environment. Growing R&D efforts have produced a wide range of soaps and other toiletry goods to increase regional market share. Consumer interest in organic, natural, and herbal cosmetic goods is rising in North America, which should increase demand for cosmetic production. One of the main forces influencing the local cosmetic sector is social media and digital media.

Report Scope

Key players in the cosmetic preservatives market include BASF SE, Ashland Group Holding Inc., Symrise AG, Arkema S.r.l, Clariant AG, Evonik Industries, Chemipol, and International Flavors & Fragrances Inc., Salicylates & Chemicals Pvt. The Dow Chemical Company, Sharon Laboratories, Thor Group Ltd., Brenntag AG, Dadia Chemical Industries, and ISCA UK Ltd.

Recent Development:

• April 2022: At in-cosmetics worldwide in France and Paris, Ashland unveiled advancements in biodegradable and naturally derived personal care products. Styleze es-dura, Caressense biofunctional, Sensiva, and Texturpure sa-1, the first in a line of high-performing natural, nature-derived, and biodegradable skin and hair care products, are just a few of the goods Ashland has released. BASF is heavily reinvesting in its strategic partner B2B Cosmetics to advance the technology behind its tailored personal care product line.
• February 2022: The Emuage system, which gives users freshly manufactured, customized cosmetics, has continued to be developed by BASF and B2B Cosmetics. Users can create their own customized personal care products using Emuage technology.

Global Cosmetic Preservatives Market is segmented as follows:

By Type:

• Paraben Esters
• Formaldehyde Donors
• Phenol Derivatives
• Alcohols
• Inorganics
• Quaternary Compounds
• Organic Acids & Their Salts
• Others

By Application:

• Lotions, Facemasks, Sunscreens, & Scrubs
• Shampoos & Conditioners
• Soaps, Shower Cleansers & Shaving Gels
• Face Powders & Powder compacts
• Mouthwashes & Toothpaste
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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