Cosmetic Preservatives Market by Type, Application and Region – Global Forecast to 2027 – Yahoo Finance

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Global Cosmetic Preservatives Market

Global Cosmetic Preservatives Market

Dublin, Aug. 01, 2022 (GLOBE NEWSWIRE) -- The "Global Cosmetic Preservatives Market by Type (Paraben Esters, Formaldehyde Donors, Phenol Derivatives, Alcohols, Inorganics, Quaternary Compounds, Organic Acids & Their Salts), Application and Region (North America, Europe, APAC, RoW) - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The cosmetic preservatives market is estimated to be USD 410 million in 2022 and is projected to reach USD 562 million by 2027, at a CAGR of 6.5% between 2022 and 2027.

Increase in female working population will support the growth of cosmetic preservatives market

There is an increase in participation of women in workforces globally. According to Statista, India accounted for a total 36% share of the female population working in organized sectors in 2021. According to a report from the European Union Commission, the population of working women accounted for a 66.2% share in 2020. According to the Bureau of Labor Statistics, the share of the population of working women in the US in 2020 was approximately 56.2%. The increase in the working population of women enables financial independence, allowing them to make their own decisions.

Globally, women are the major consumers of cosmetic products. Therefore, financial independence is expected to boost the consumption of cosmetics and skin care products, thereby increasing the consumption of cosmetic preservatives.

Stringent regulatory norms

Cosmetic products contain a range of ingredients. These ingredients cover cosmetic preservatives, cleansing agents, and unique fragrances. Regulatory bodies are continuously taking initiatives to prohibit or limit the use of ingredients that cause health issues. Stringent rules and regulations have been implemented by governments regarding the disclosure of product ingredients utilized in the manufacture of products.

The Food and Drug Administration (FDA) of the US provides the legal framework and guidelines for the usage and prohibition of particular preservatives. The Federal Food, Drug, and Cosmetic Act (FFDCA) passed by the FDA regulates the usage of cosmetic preservatives in cosmetic products in the US. In India, the Central Drugs Standard Control Organisation (CDSCO) regulates the usage of preservative products in India. The Drugs and Cosmetics Act (1940) and rules (1945) and the Bureau of Indian Standards implement the laws and regulations for the manufacture of cosmetic products and preservatives.Increasing focus on male-specific cosmetics

It is a general belief that appearance and presentation matter. People are inclined to use products that make them look good. There is a significant demand for male-specific cosmetics ranging from moisturizers to anti-agers to mud masks. Numerous problems are faced by younger males in general related to oily skin, acne, hair fall, and wrinkles, among others. All these problems can be overcome with awareness about and the use of the proper cosmetics. Manufacturing companies, thus, have lucrative opportunities for the development of products specifically targeting the male segment.

Increasing awareness about the usage of cosmetic products among men offers major opportunities for cosmetic product manufacturers targeting individual issues faced by men. This opportunity widens the market share and helps penetrate the newer application segments of cosmetic products. This, in turn, increases the growth of the cosmetic preservatives market.

High prices of organic and natural cosmetic preservatives

The high costs of organic and natural cosmetic preservatives which are in demand from the market is a significant challenge. Organic preservatives are preferred over traditional preservatives such as parabens, formaldehyde donors, and others by manufacturers of personal care products. Organic or natural preservatives are preferred as they do not lead to skin problems. Costs of preservatives increased post the pandemic due to the shortages in the supply of high-quality products. Though there is high demand for natural and organic cosmetic preservatives, the high costs of preservatives pose a challenge for cosmetic manufacturers. The market for organic and natural cosmetic preservatives is expected to grow at a significant pace in the European and North American markets.Asia Pacific region is expected to grow with the highest CAGR during the forecast period

Asia Pacific is the fastest-growing market for cosmetic preservatives globally. Improved lifestyles, increasing cost of living, increasing population, and high economic growth of emerging economies such as China, Thailand, Indonesia, and India will led to the growth of the cosmetic preservatives market in the Asia Pacific. The increasing population and availability of affordable products will be primarily responsible for the high demand in the region. Increasing awareness among the population about the effects of the environment on skin and hair is another factor leading to high demand of the cosmetic preservatives during the forecast period.

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Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights4.1 Attractive Opportunities for Players in Cosmetic Preservatives Market4.2 Cosmetic Preservatives Market, by Type4.3 Cosmetic Preservatives Market, by Application4.4 Cosmetic Preservatives Market, by Key Countries

5 Market Overview5.1 Introduction5.2 Market Segmentation5.2.1 By Type5.2.2 By Application5.2.3 By Region5.3 Market Dynamics5.3.1 Drivers5.3.1.1 Increase in Purchasing Power of Consumers5.3.1.2 Increase in Female Working Population5.3.1.3 Shelf-Life Enhancement5.3.2 Restraints5.3.2.1 High Cost of Organic Products5.3.2.2 Stringent Regulatory Norms5.3.2.3 Possibilities of Skin Infections5.3.3 Opportunities5.3.3.1 Increasing Demand in Asia-Pacific Region5.3.3.2 Rising Demand for Natural and Organic Preservatives in Cosmetics5.3.3.3 Increasing Focus on Male-Specific Cosmetics5.3.4 Challenges5.3.4.1 Paraben-Free Preservatives in Cosmetics5.3.4.2 High Price of Organic and Natural Cosmetic Preservatives5.4 Industry Trends5.5 Key Stakeholders & Buying Criteria5.5.1 Key Stakeholders in Buying Process5.5.2 Buying Criteria5.6 Supply Chain Analysis5.7 Ecosystem: Cosmetic Preservatives Market5.8 Value Chain Analysis5.9 Technology Analysis5.10 Pricing Analysis5.10.1 Average Selling Price of Key Players, by Application5.10.2 Trends in Average Selling Price5.11 Cosmetic Preservatives Market: Optimistic, Pessimistic, and Realistic Scenarios5.11.1 Optimistic Scenario5.11.2 Pessimistic Scenario5.11.3 Realistic Scenario5.12 Key Markets for Import/Export5.13 Impact of COVID-19 on Cosmetic Preservatives Market5.14 Patent Analysis5.15 Key Conferences & Events in 2022-20235.16 Tariff and Regulatory Landscape5.16.1 Regulatory Bodies, Government Agencies, and Other Organizations5.16.2 Regulations in Cosmetic Preservatives Market5.17 Case Study Analysis5.18 Trends and Disruptions Impacting Customers

6 Cosmetic Preservatives Market, by Type6.1 Introduction6.2 Paraben Esters6.2.1 Widely Used in High Water Content Cosmetic Products6.2.2 Paraben Esters: Cosmetic Preservatives Market, by Region6.3 Formaldehyde Donors6.3.1 Increased Lifespan of Water-Based Cosmetic Products6.3.2 Formaldehyde Donors: Cosmetic Preservatives Market, by Region6.4 Phenol Derivatives6.4.1 Effective Against Wide Range of Microbes6.4.2 Phenol Derivatives: Cosmetic Preservatives Market, by Region6.5 Alcohols6.5.1 Used due to Their Antiseptic Properties6.5.2 Alcohols: Cosmetic Preservatives Market, by Region6.6 Inorganics6.6.1 Effective in Protection from Uv Rays6.6.2 Inorganics: Cosmetic Preservatives Market, by Region6.7 Quaternary Compounds6.7.1 Prevent Reproduction of Microorganisms in Cosmetic Products6.7.2 Quaternary Compounds: Cosmetic Preservatives Market, by Region6.8 Organic Acids & Their Salts6.8.1 High Demand for Organic Cosmetic Products6.8.2 Organic Acids & Their Salts: Cosmetic Preservatives Market, by Region6.9 Other Types6.9.1 Other Types: Cosmetic Preservatives Market, by Region

7 Cosmetic Preservatives Market, by Application7.1 Introduction7.2 Lotions, Facemasks, Sunscreens, & Scrubs7.2.1 Largest Application Segment7.2.2 Lotions, Facemasks, Sunscreens, & Scrubs: Cosmetic Preservatives Market, by Region7.3 Shampoos & Conditioners7.3.1 High Water Content in Products Drives Demand for Preservatives7.3.2 Shampoos & Conditioners: Cosmetic Preservatives Market, by Region7.4 Soaps, Shower Cleansers, & Shaving Gels7.4.1 Increasing Awareness About Personal Grooming7.4.2 Soaps, Shower Cleansers, & Shaving Gels: Cosmetic Preservatives Market, by Region7.5 Face Powders & Powder Compacts7.5.1 Increasing Demand for Organic Preservatives7.5.2 Face Powders & Powder Compacts: Cosmetic Preservatives Market, by Region7.6 Mouthwashes & Toothpastes7.6.1 Rising Awareness About Oral Hygiene7.6.2 Mouthwashes & Toothpastes: Cosmetic Preservatives Market, by Region7.7 Other Applications7.7.1 Other Applications: Cosmetic Preservatives Market, by Region

8 Cosmetic Preservatives Market, by Region

9 Competitive Landscape9.1 Introduction9.2 Market Share Analysis9.3 Market Ranking9.4 Market Evaluation Framework9.5 Revenue Analysis of Top Market Players9.6 Company Evaluation Matrix9.6.1 Strength of Product Portfolio9.6.2 Business Strategy Excellence9.7 Company Evaluation Quadrant9.7.1 Stars9.7.2 Pervasive Players9.7.3 Participants9.7.4 Emerging Leaders9.7.5 Competitive Benchmarking of Key Startups/Smes9.8 Small and Medium-Sized Enterprises (Sme) Evaluation Matrix9.8.1 Progressive Companies9.8.2 Responsive Companies9.8.3 Dynamic Companies9.8.4 Starting Blocks

10 Company Profiles10.1 Key Companies10.1.1 Ashland Group Holdings Inc.10.1.2 Basf Se10.1.3 Akema S.R.L.10.1.4 Symrise Ag10.1.5 Clariant Ag10.1.6 Salicylates & Chemicals Pvt. Ltd10.1.7 Chemipol S.A.10.1.8 Evonik Industries Ag10.1.9 International Flavors & Fragrances Inc.10.1.10 Sharon Laboratories10.2 Other Players10.2.1 Brenntag Ag10.2.2 Thor Group Ltd.10.2.3 Dadia Chemical Industries10.2.4 Gujarat Organics Limited10.2.5 Isca UK Limited10.2.6 Lanxess10.2.7 Cisme Italy S.R.L10.2.8 Kumar Organic Products Limited10.2.9 Cobiosa10.2.10 Sachem Inc10.2.11 Ae Chemie Inc.10.2.12 Spectrum Chemical Mfg Corp.10.2.13 Struchem Co Ltd.10.2.14 Never Not Skincare10.2.15 The Dow Chemical Company

11 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/j1cnps

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Cosmetic Preservatives Market by Type, Application and Region - Global Forecast to 2027 - Yahoo Finance