The global market for Cosmetic Chemicals is estimated at US$44.9 Billion in 2023 and is projected to reach US$67.7 Billion by 2030, growing at a CAGR of 6.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the cosmetic chemicals market is driven by several factors that reflect broader trends in consumer preferences and technological advancements. A significant driver is the rising demand for multifunctional ingredients that offer multiple benefits in a single application, catering to the busy lifestyles of modern consumers. Additionally, the increased focus on anti-aging products has spurred the development of advanced chemical compounds that promise to reduce wrinkles, improve skin elasticity, and provide a youthful appearance. The surge in male grooming products is another notable trend, expanding the market for cosmetic chemicals tailored specifically for men.
Furthermore, the shift towards natural and organic ingredients, driven by consumer awareness and preference for clean beauty, has led to a surge in research and development of plant-derived chemicals. The rapid growth of the e-commerce sector also plays a pivotal role, providing wider access to niche products and driving demand for diverse cosmetic formulations. These factors, combined with ongoing innovations in cosmetic chemistry, are set to propel the market forward, meeting the evolving needs of consumers worldwide.
The growth in the cosmetic chemicals market is driven by several factors that reflect broader trends in consumer preferences and technological advancements. A significant driver is the rising demand for multifunctional ingredients that offer multiple benefits in a single application, catering to the busy lifestyles of modern consumers. Additionally, the increased focus on anti-aging products has spurred the development of advanced chemical compounds that promise to reduce wrinkles, improve skin elasticity, and provide a youthful appearance. The surge in male grooming products is another notable trend, expanding the market for cosmetic chemicals tailored specifically for men.
Furthermore, the shift towards natural and organic ingredients, driven by consumer awareness and preference for clean beauty, has led to a surge in research and development of plant-derived chemicals. The rapid growth of the e-commerce sector also plays a pivotal role, providing wider access to niche products and driving demand for diverse cosmetic formulations. These factors, combined with ongoing innovations in cosmetic chemistry, are set to propel the market forward, meeting the evolving needs of consumers worldwide.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Emollients & Moisturizers segment, which is expected to reach US$21.9 Billion by 2030 with a CAGR of a 6.9%. The Surfactants segment is also set to grow at 6.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $12.1 Billion in 2023, and China, forecasted to grow at an impressive 10.2% CAGR to reach $15.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Cosmetic Chemicals Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Cosmetic Chemicals Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Cosmetic Chemicals Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Akzo Nobel NV, Ashland Global Holdings Inc., BASF SE, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 28 Featured):
- Akzo Nobel NV
- Ashland Global Holdings Inc.
- BASF SE
- Clariant International Ltd.
- Dow Inc.
- Dow Inc.
- Eastman Chemical Company
- Evonik Industries AG
- Firmenich SA
- Givaudan S.A.
- International Flavors & Fragrances Inc.
- LANXESS AG
- Lonza Group Limited
- P&G Chemicals
- Sederma S.A.S
- Solvay SA
- Symrise AG
- The Lubrizol Corporation
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Akzo Nobel NV
- Ashland Global Holdings Inc.
- BASF SE
- Clariant International Ltd.
- Dow Inc.
- Dow Inc.
- Eastman Chemical Company
- Evonik Industries AG
- Firmenich SA
- Givaudan S.A.
- International Flavors & Fragrances Inc.
- LANXESS AG
- Lonza Group Limited
- P&G Chemicals
- Sederma S.A.S
- Solvay SA
- Symrise AG
- The Lubrizol Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 266 |
Published | August 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 44.9 Billion |
Forecasted Market Value ( USD | $ 67.7 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |