Cosmetics Chemicals Market Introduction and Overview
According to SPER Market Research, the Global Cosmetics Chemicals Market is estimated to reach USD 28.34 billion by 2033 with a CAGR of 5.6%.
The report includes an in-depth analysis of the Global Cosmetics Chemicals Market, including market size and trends, product mix, applications, and supplier analysis. A mixture of chemical substances derived from synthetic sources makes up cosmetic chemicals. These are the primary components that go into making cosmetics and personal care items. Cosmetic chemicals such colorants, surfactants, emulsifiers, rheology control agents, emollients, and preservatives are typically found in cosmetic goods. The vast array of suppliers providing natural and inorganic chemicals—which are necessary components—has led to the fragmentation of the cosmetics sector. It is projected that as baby boomers age, their awareness and desire for personal care products will increase, driving up demand for cosmetic chemicals.
- January 2023: Leading provider of specialized chemicals, Cognis was purchased by BASF By acquiring Cognis, BASF will gain access to its cutting-edge product range and solidify its position in the cosmetic chemicals industry.
- February 2023: Leading supplier of flavors and perfumes, Frutarom, was purchased by Symrise . With this purchase, Symrise will become the biggest taste and fragrance company in the world and have a firm presence in the rapidly expanding cosmetic chemicals industry.
Market Opportunities and Challenges
The desire to look better and the rising disposable incomes of people in developing nations like China and India are the main factors driving the global market for cosmetic chemicals. Additionally, the demand for cosmetic products has increased due to the rising fashion and entertainment industries in major and emerging nations including the United States, India, France, and South Korea. This is anticipated to gradually drive the need for cosmetic chemicals in the near future. In addition, a high demand for beauty goods and a considerable number of working women in large enterprises and international businesses are predicted to drive rising demand for cosmetic chemicals throughout the course of the forecast period.
The global market for cosmetic chemicals is expected to rise, but its progress is constrained by strict government restrictions prohibiting the use of harmful chemicals and by the growing desire for organic goods manufactured from natural materials. Moreover, some cosmetic chemicals may have harmful effects like cancer, genetic mutation, birth deformities or other reproductive injury, and genetic mutation; they are likely to impede the market's growth. Increased market participants' R&D efforts to provide a more sophisticated and varied product line are anticipated to present new growth prospects for the global market for cosmetic chemicals.
Market Competitive Landscape
The major players in the Global Cosmetics Chemicals Market include: Ashland Global Holdings, Clariant International Limited, Eastman Chemicals Company, Evonik Industries AG, Firemenich SA, Givaudan SA, International Flavour & Fragrances, LANXEES AG, Lonza Group Limited, and P&G Chemicals. To maintain their competitiveness in the global market for cosmetic chemicals, these leading companies employ several methods, including product launch, acquisition, and corporate expansion. Leading players in the cosmetic chemicals market place a high value on developing novel product offerings, especially skincare products made with both organic and inorganic ingredients. In addition, they collaborate and engage in mergers and acquisitions while securing regulatory approvals.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Product Type, By Application
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | Ashland Global Holdings, Clariant International Limited, Eastman Chemicals Company, Evonik Industries AG, Firemenich SA, Givaudan SA, International Flavour & Fragrances, LANXEES AG, Lonza Group Limited, P&G Chemicals.
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COVID-19 Impact on Global Cosmetics Chemicals Market
The COVID-19 pandemic has led to a surge in sales of personal hygiene and cleansing products, including skin care items and soaps. The need for cosmetic components like surfactants, emollients, emulsifiers, colorants, and preservatives is predicted to rise in the skin care sector, which includes commodity brands that emphasize washing and personal hygiene. Furthermore, the COVID-19 epidemic has altered consumer purchasing habits and made people more frugal, which has resulted in a decrease in expenditure on non-essential items. As a result, the pandemic-induced drop in the market for cosmetics led to a major dip in the demand for cosmetic chemicals.
Key Target Audience:
- Consumers
- Professional
- Industrial
Our in-depth analysis of the Cosmetics Chemicals Market includes the following segments:
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By Product Type: |
Colorants
Emollients & Moisturizers
Film-Formers
Polymer Ingredients
Preservatives
Surfactants
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By Application: |
Fragrances
Hair Care
Make-up
Oral Care
Skin Care
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By Region:
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Asia-Pacific
Europe
Middle East & Africa
North America
Latin America
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Key Topics Covered in the Report:
- Global Cosmetics Chemicals Market Size (FY’2023-FY’2033)
- Overview of Global Cosmetics Chemicals Market
- Segmentation of Global Cosmetics Chemicals Market By Product Type (Surfactants, Polymer Ingredients, Colorants, and Preservatives)
- Segmentation of Global Cosmetics Chemicals Market By Application (Skin Care, Hair Care, Make-up, Oral Care, Fragrances)
- Statistical Snap of Global Cosmetics Chemicals Market
- Expansion Analysis of Global Cosmetics Chemicals Market
- Problems and Obstacles in Global Cosmetics Chemicals Market
- Competitive Landscape in the Global Cosmetics Chemicals Market
- Impact of COVID-19 and Demonetization on Global Cosmetics Chemicals Market
- Details on Current Investment in Global Cosmetics Chemicals Market
- Prominent Players in the Global Cosmetics Chemicals Market
- SWOT Analysis of Global Cosmetics Chemicals Market
- Global Cosmetics Chemicals Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Cosmetics Chemicals Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Cosmetics Chemicals Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Cosmetics Chemicals Market
7. Global Cosmetics Chemicals Market, By Product Type (USD Million)
7.1. Global Cosmetics Chemicals Market Value Share and Forecast, By Product Type,
2023-2033
7.2. Colorants
7.3. Emollients & Moisturizers
7.4. Film-Formers
7.5. Polymer Ingredients
7.6. Preservatives
7.7. Surfactants
8. Global Cosmetics Chemicals Market, By Application (USD Million)
8.1. Global Cosmetics Chemicals Market Value Share and Forecast, By Application 2023-2033
8.2. Fragrances
8.3. Hair Care
8.4. Make-up
8.5. Oral Care
8.6. Skin Care
9. Global Cosmetics Chemicals Market Forecast, 2019-2033 (USD Million)
9.1. Global Cosmetics Chemicals Market
10. Global Cosmetics Chemicals Market, By Product Type 2019-2033 (USD Million)
10.1. Global Cosmetics Chemicals Market Size and Market Share, By Product Type (2019-2026)
10.2. Global Cosmetics Chemicals Market Size and Market Share, By Product Type (2027-2033)
11. Global Cosmetics Chemicals Market, By Application, 2019-2033 (USD Million)
11.1. Global Cosmetics Chemicals Market Size and Market Share, By Application (2019-2026)
11.2. Global Cosmetics Chemicals Market Size and Market Share, By Application (2027-2033)
12. Global Cosmetics Chemicals Market, By Region, 2019-2033 (USD Million)
12.1. Global Cosmetics Chemicals Market Size and Market Share, By Region (2019-2026)
12.2. Global Cosmetics Chemicals Market Size and Market Share, By Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Rest of Middle East & Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1 Ashland Global Holdings
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Clariant International Limited
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Eastman Chemicals Company
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent development
13.4. Evonik Industries AG
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Firemenich SA
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Givaudan SA
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. International Flavour & Fragrances
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. LANXEES AG
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Lonza Group Limited
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. P&G Chemicals
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
