Cosmetic Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

The rising awareness of clean-label cosmetic products is driving the development of environmentally-friendly green cosmetics. Cosmetic ingredient manufacturers are investing in new product and ingredient development, supported by extensive research and development, to meet consumer demands.

Countries in the Asia Pacific region are expected to have the highest demand for products with organic ingredients, which will significantly contribute to the growth of the global cosmetic ingredients market over the next five to six years. The company projects that the market will grow at an attractive CAGR throughout the forecast period from 2024 to 2031.

Market Segmentation and Dominant Product Types

Surfactants are versatile cosmetic ingredients that come in various forms and are extensively used in skin care, hair care, and men’s grooming products. With the rising trend of natural and organic cosmetics in the global market, many cosmetics manufacturers are now incorporating green or plant-based surfactants to achieve "clean label" status.

Green surfactants derived from palm oil and coconut oil are becoming increasingly popular in the cosmetics ingredients industry. These green surfactants are also driving significant revenue growth in the non-ionic surfactant sub-segment.

Conditioning polymers, primarily used in hair care products such as conditioners and shampoos, are contributing significantly to the overall growth of the polymer segment. Cosmetics products containing ingredients like emollients, polymers, and oleochemicals are in high demand in the European cosmetics market.

Among the various polymer types, conditioning polymers are expected to remain dominant throughout the forecast period, with a growth rate exceeding 5%.

Trends in the Cosmetics Ingredients Market

Surfactants are versatile cosmetic ingredients available in various forms and are widely utilized in skin care, hair care, and men’s grooming products. With the growing trend of natural and organic cosmetics in the global market, many cosmetic manufacturers are now adopting green or plant-based surfactants to achieve a "clean label" status.

Green surfactants, derived from palm oil and coconut oil, are becoming increasingly prevalent in the cosmetics ingredients industry. These eco-friendly surfactants are significantly boosting revenue growth in the non-ionic surfactant sub-segment.

Conditioning polymers, predominantly used in hair care products like conditioners and shampoos, are also contributing significantly to the overall growth of the polymer segment. Cosmetics containing ingredients such as emollients, polymers, and oleochemicals are experiencing high demand in the European market.

Among the various types of polymers, conditioning polymers are expected to remain dominant throughout the forecast period, with a growth rate exceeding 5%.

Preservatives and Botanical Extracts

Preservatives are expected to see significant growth rates during the forecast period due to the rising demand for UV absorbers and antioxidant-rich cosmetic products. In 2015, emollients held the second largest market share in terms of value, and their market share is anticipated to grow substantially in the coming years due to their expanding applications in skin care cosmetics.

The botanical extracts segment is primarily driven by the increasing demand for essential oils in various cosmetics, including skin care, hair care, makeup, and fragrances.

Market Key Players:

Key players in the Cosmetic Ingredients Market include BASF SE, Akzo Nobel N.V., Croda International Plc, The Dow Chemical Company, Eastman Chemical Company, End-use Companies, Loréal International, Unilever, The Estée Lauder Companies Inc., COTY Inc., Colgate-Palmolive Company, Other.

Cosmetic Ingredients Market Segmentation

By Product Type

• Surfactant
• Emollient
• Polymer
• Oleochemical
• Botanical Extract
• Rheology Modifier
• Preservatives
• Emulsifier and Stabilizer
• Others (Vitamins, Minerals, and Protein)

By Application

• Skin Care
• Hair Care
• Make Up
• Fragrance
• Oral Care
• Others (Shaving Products)

By Functionality

• Cleansing Agents & Foamers
• Aroma
• Moisturizing
• Specialty
• Others (Colour)

Key Regions/Countries Covered

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific Excluding Japan (APEJ)
• Japan
• The Middle East & Africa

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