Nanomaterials In Cosmetic And Personal Care Global Market Report 2024

The nanomaterials in cosmetic and personal care market size has grown rapidly in recent years. It will grow from $2.14 billion in 2023 to $2.43 billion in 2024 at a compound annual growth rate (CAGR) of 13.9%. The growth observed during the historic period can be attributed to several factors, including enhanced product performance achieved through nanomaterials, innovations in drug delivery systems leveraging nanotechnology, consumer demand for high-quality cosmetic and personal care products, regulatory and safety developments ensuring the safe use of nanomaterials, and advancements in nanotechnology research driving product development and efficacy.

The nanomaterials in cosmetic and personal care market size is expected to see rapid growth in the next few years. It will grow to $4.12 billion in 2028 at a compound annual growth rate (CAGR) of 14.1%. The anticipated growth in the forecast period can be attributed to several factors, including advancements in nanotechnology leading to innovative product formulations, increased consumer demand for high-performance cosmetic and personal care products, a growing awareness of skin health leading to a focus on effective skincare solutions, the rising trend of personalized beauty products tailored to individual needs, and regulatory developments ensuring safety standards in the use of nanomaterials. Major trends expected in the forecast period include the development of enhanced delivery systems for improved product efficacy, advancements in sunscreens and UV protection products using nanotechnology, the continued growth of anti-aging products with nanomaterials, the adoption of eco-friendly and sustainable nanomaterials in formulations, and efforts towards improving product stability for longer shelf life and better performance.

The aging population's increase is set to drive the growth of nanomaterials in the cosmetic and personal care markets. This demographic shift results from declining birth rates and improved life expectancy due to healthcare advancements and better living conditions. Nanomaterials in cosmetic and personal care products cater to the aging population by delivering active ingredients precisely, improving skin rejuvenation, and addressing aging signs while minimizing potential irritations or side effects. For instance, as of October 2022, the World Health Organization predicts that one-sixth of the global population will be aged 60 years or older by 2030, reaching 1.4 billion, and doubling to 2.1 billion by 2050, with 426 million individuals aged 80 years or older. This trend is fueling the demand for nanomaterials in the cosmetic and personal care markets.

Leading companies in these markets are focusing on developing innovative sunscreen ingredients such as titanium dioxide to enhance UV protection and meet consumer demands for effective and aesthetically pleasing sun protection solutions. Titanium dioxide acts as an opacifying agent, creating a matte appearance and minimizing skin imperfections such as fine lines, wrinkles, and blemishes. For example, in December 2023, Croda International plc launched a range of advanced sunscreen ingredients, including Solaveil CT-60W, a water-based titanium dioxide dispersion providing high SPF levels without the usual whitening effect. This formulation offers strong UV protection while remaining transparent on the skin, meeting consumer expectations for effective yet cosmetically elegant sun protection.

In April 2023, Givaudan S.A. acquired a cosmetic ingredients portfolio from Amyris Inc., enhancing its strategic position in the cosmetics and personal care sector. This move strengthens Givaudan's presence and growth prospects in the market, leveraging Amyris Inc.'s expertise in performance and nanomaterials for the cosmetic and personal care industry.

Major companies operating in the nanomaterials in cosmetic and personal care market are Johnson & Johnson, Christian Dior SE, Procter & Gamble Company, L'Oréal S.A., Chanel Inc., Shiseido Company, Limited, Croda International plc, Lancôme, Nippon Fine Chemical Co. Ltd., Creative Biostructure, Lucas Meyer Cosmetics Canada Inc., Nikko Chemicals Co. Ltd., Anna Pegova, Dermazone Solutions Inc., Lipoid Kosmetik AG, Zelens, Nanovec, Lipotec S.A., Lipomize SRL, BioSpectrum Inc., CD Bioparticles, kyowa pharma chemical co. ltd., Phenbiox Srl.

North America was the largest region in the nanomaterials in cosmetic and personal care market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nanomaterials in cosmetic and personal care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the nanomaterials in cosmetic and personal care market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Nanomaterials in cosmetics and personal care products are substances engineered at the nanoscale, typically ranging from 1 to 100 nanometers in size, and integrated into various beauty and personal care formulations. These nanomaterials exhibit unique properties such as enhanced absorption, improved stability, and heightened efficacy, enabling manufacturers to create innovative products with desirable cosmetic benefits.

The main types of nanomaterials in the cosmetic and personal care market, as covered in this report, are segmented by their product category, inorganic nanomaterials. These include metal-based nanomaterials, mineral-based nanomaterials, and polymer-based nanomaterials. These products are distributed through various channels such as supermarkets or hypermarkets, convenience stores, specialty stores, and online retail platforms. The end users of these nanomaterials encompass a broad range of cosmetic and personal care products, including skincare, haircare, makeup, and other related categories.

The nanomaterials in cosmetic and personal care market research report is one of a series of new reports that provides nanomaterials in cosmetic and personal care market statistics, including nanomaterials in cosmetic and personal care industry global market size, regional shares, competitors with a nanomaterials in cosmetic and personal care market share, detailed nanomaterials in cosmetic and personal care market segments, market trends and opportunities, and any further data you may need to thrive in the nanomaterials in cosmetic and personal care industry. This nanomaterials in cosmetic and personal care market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The nanomaterials in cosmetics and personal care market consists of sales of titanium dioxide (TiO2), zinc oxide (ZnO), liposomes, and nanosilver. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.