Global Cosmetic Ingredients Market Size, Share, Growth, Industry Trends, Competitive Analysis and Forecast to 2030

Report ID: RC13269 | Report Format: PDF + Excel | Starting Price: 2520/- USD | Last Updated: July 6th, 2023

The global cosmetic ingredients market size is expected to grow at a significant CAGR of 5.4% during the forecast period 2020 to 2027. The increasing demand for hair care and oral care is projected to drive the market. The rising cinema and modeling industry are some major factors to drive the market growth. Furthermore, increasing expenditure, changing lifestyles, and growing per capita income are some other factors to propel the market. In addition, consumers are being more aware of their beautification which is projected to boost the market over the forecast period. However, the use of harmful chemicals in cosmetic ingredients is a factor to restrain the market in next upcoming years.

Furthermore, the products made from natural ingredients are increasing the sales of skin care products, which in turn is projected to uplift the market. However, the COVID-19 epidemic has affected the development of cosmetic products in 2020. The production and supply chain was interrupted by the pandemic which has influenced the market.

Market Snapshot:

Benchmark Year 2022
Market Size lock
Market Growth (CAGR) 5.4% (2023-2030)
Largest Market Share Asia Pacific
Analysis Period 2020-2030
Market Players BASF SE, Croda International Plc, DuPont de Nemours Inc., Archer Daniels Midland Company, and Clariant AG

Market Drivers:

Increasing Consumer Awareness and Demand: There is a growing awareness among consumers regarding the importance of personal grooming and appearance. Consumers are becoming more conscious of the ingredients used in cosmetic products and are seeking safe and effective formulations. This increased awareness and demand for high-quality cosmetic products drive the market for cosmetic ingredients.

Innovation and Product Development: The cosmetic industry is highly competitive, driving companies to invest in research and development to introduce innovative and advanced cosmetic products. Cosmetic ingredients play a vital role in product development, as new and improved ingredients are constantly being developed to enhance the efficacy, performance, and sensory attributes of cosmetics. The continuous innovation and introduction of new cosmetic ingredients contribute to market growth.

Growth of the Natural and Organic Cosmetics Segment: There has been a significant shift in consumer preferences towards natural and organic cosmetics. Consumers are increasingly seeking products that are free from harmful chemicals and are made from natural or organic ingredients. This trend has led to a surge in demand for natural and organic cosmetic ingredients, such as plant-based extracts, essential oils, and botanicals.

Increasing Disposable Income and Changing Lifestyles: Rising disposable income levels, particularly in emerging economies, have resulted in increased spending on personal care and cosmetic products. As individuals have more discretionary income, they are willing to invest in high-quality cosmetic products that offer enhanced benefits. Additionally, changing lifestyles, urbanization, and the influence of social media have contributed to the demand for cosmetic products, further driving the market for cosmetic ingredients.

Aging Population and Anti-aging Products: The global population is aging, leading to a higher demand for anti-aging cosmetic products. Aging individuals seek cosmetic products that can help reduce the appearance of wrinkles, fine lines, and age spots. Cosmetic ingredients, such as peptides, retinol, hyaluronic acid, and antioxidants, are used in anti-aging formulations to provide effective results. The growing demand for anti-aging products fuels the market for cosmetic ingredients.

Technological Advancements: Technological advancements have played a significant role in the development of new cosmetic ingredients. Advanced extraction techniques, nanotechnology, and biotechnology have expanded the range of cosmetic ingredients available and improved their efficacy. For example, the use of nanotechnology enables the delivery of active ingredients at a cellular level, enhancing their performance. The integration of technology into cosmetic ingredient production drives market growth.

Regulatory Support and Safety Concerns: Regulatory bodies play a crucial role in ensuring the safety and quality of cosmetic products. Stringent regulations and guidelines pertaining to the use of cosmetic ingredients provide assurance to consumers regarding the safety of the products they use. Compliance with regulations and adherence to safety standards are essential factors driving the market, as consumers prioritize products with safe and approved ingredients.

Influence of Social Media and Influencers: The rise of social media platforms and the influence of beauty influencers have had a significant impact on the cosmetic industry. Consumers often seek product recommendations and reviews from influencers and rely on their expertise when choosing cosmetic products. The endorsement of certain cosmetic ingredients by influencers can drive consumer demand and shape market trends.

Market Insights:

The global cosmetic ingredients market is segmented by type, by application, and geography. By type, the market is classified into synthetic chemicals, natural ingredients, and specialty ingredients. The natural cosmetic ingredients segment held the largest market share in 2019 and accounted to hold for over 45% of market share in terms of revenue. The segment growth is attributed to the increasing consumer preference towards the natural beauty care due to its health benefits.

By application, the global cosmetic ingredients market is divided into skincare, hair care, oralcare, perfume & fragrances, and others. The skincare segment held the significant market share in 2019 and projected to grow at the same trends over the forecast period. The segment growth is attributed to the growing cinema and modeling industry across the globe.

The cosmetic ingredients comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Global cosmetic ingredients market size and forecast were obtained by using “Bottom-up” and “Top-down” approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions.

The cosmetic ingredients market research report presents the analysis of each segment from 2018 to 2027 considering 2019 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2020 to 2027.

Historical & Forecast Period

  • 2018 – Historical Year
  • 2019 – Base Year
  • 2020-2027 – Forecast Period

Market Segmentation:

By Type:

  • Synthetic Chemicals
  • Natural Ingredients
  • Specialty Chemicals

By Application:

  • Skincare
  • Hair Care
  • Oral Care
  • Perfume & Fragrances
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

Geographically, the cosmetic ingredients Market report comprises dedicated sections centering on the regional market revenue and trends. The cosmetic ingredients market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The cosmetic ingredients market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Cosmetic ingredients Market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2020 – 2027.

Report Coverage:

  • Research Methodology
  • Research Scope
  • Executive Market Summary: Industry Snapshot
  • Industry Outlook
  • Critical Success Factors (CSFs) for the Market
  • Market Dynamics
  • Key Opportunities
  • Market Porters Five Force Analysis
  • Market Value Chain/Ecosystem Analysis
  • Market Attractive Investment Proposition
  • Market PESTEL Analysis
  • Market Positioning of Key Vendors
  • Market Segmentation Outlook
  • Regional Outlook
  • Company Profiles of Key Vendors

Global Cosmetic Ingredients Market by Key Players

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Competition Assessment:

Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Key players operating in the global cosmetic ingredients market are BASF SE, Croda International Plc, DuPont de Nemours Inc., Archer Daniels Midland Company, and Clariant AG. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

  • BASF SE
  • Croda International Plc
  • DuPont de Nemours Inc.
  • Archer Daniels Midland Company
  • Clariant AG
  • Ashland Global Specialty Chemicals Inc.
  • Solvay SA
  • Evonik Industries AG
  • Actives International LLC.
  • INOLEX Inc.

Key Questions Answered by Cosmetic Ingredients Market Report:

  • Global cosmetic ingredients market forecasts from 2020-2027
  • Regional cosmetic ingredients market forecasts from 2020-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2020-2027 covering 15 major countries from the aforementioned regions
  • Cosmetic ingredients submarket forecasts from 2020-2027 covering the market by type, by application, and geography
  • Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to cosmetic ingredients market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level cosmetic ingredients markets from 2020-2027
  • Competitive Landscape and market positioning of top 10 players operating in the cosmetic ingredients market

Table of Content:


1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Cosmetic Ingredients Market Portraiture
2.2. Global Cosmetic Ingredients Market, by Type, 2019 (USD Mn)
2.3. Global Cosmetic Ingredients Market, by Application, 2019 (USD Mn)
2.4. Global Cosmetic Ingredients Market, by Geography, 2019 (USD Mn)

 

3. Global Cosmetic Ingredients Market Analysis


3.1. Cosmetic Ingredients Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTEL Analysis

 

4. Global Cosmetic Ingredients Market By Type, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Market Estimation by Synthetic Chemicals, 2018 – 2027(USD Mn)
4.3. Market Estimation by Natural Ingredients, 2018 – 2027(USD Mn)
4.4. Market Estimation by Specialty Chemicals, 2018 – 2027(USD Mn)

 

5. Global Cosmetic Ingredients Market By Application, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Market Estimation by Skincare, 2018 – 2027(USD Mn)
5.3. Market Estimation by Hair Care, 2018 – 2027(USD Mn)
5.4. Market Estimation by Oral Care, 2018 – 2027(USD Mn)
5.5. Market Estimation by Perfume & Fragrance, 2018 – 2027(USD Mn)
5.6. Others

 

6. Global Cosmetic Ingredients Market, By Geography, 2018 – 2027 (USD Mn)


6.1. Introduction
6.2. North America
6.2.1. Overview
6.2.2. North America Cosmetic Ingredients Market by Type (2018-2027 USD Mn)
6.2.3. North America Cosmetic Ingredients Market by Application (2018-2027 USD Mn)
6.2.4. North America Cosmetic Ingredients Market by Country (2018-2027 USD Mn)
6.2.4.1. U.S.
6.2.4.2. Canada
6.2.4.3. Mexico
6.3. Europe
6.3.1. Overview
6.3.2. Europe Cosmetic Ingredients Market by Type (2018-2027 USD Mn)
6.3.3. Europe Cosmetic Ingredients Market by Application (2018-2027 USD Mn)
6.3.4. Europe Cosmetic Ingredients Market by Country (2018-2027 USD Mn)
6.3.4.1. Germany
6.3.4.2. U.K.
6.3.4.3. France
6.3.4.4. Italy
6.3.4.5. Russia
6.3.4.6. Rest of Europe
6.4. Asia Pacific
6.4.1. Overview
6.4.2. Asia Pacific Cosmetic Ingredients Market by Type (2018-2027 USD Mn)
6.4.3. Asia Pacific Cosmetic Ingredients Market by Application (2018-2027 USD Mn)
6.4.4. Asia Pacific Cosmetic Ingredients Market by Country (2018-2027 USD Mn)
6.4.4.1. China.
6.4.4.2. Japan
6.4.4.3. India
6.4.4.4. Australia
6.4.4.5. South Korea
6.4.4.6. Rest of Asia Pacific
6.5. Latin America (LATAM)
6.5.1. Overview
6.5.2. Latin America Cosmetic Ingredients Market by Type (2018-2027 USD Mn)
6.5.3. Latin America Cosmetic Ingredients Market by Application (2018-2027 USD Mn)
6.5.4. Latin America Cosmetic Ingredients Market by Country (2018-2027 USD Mn)
6.5.4.1. Brazil
6.5.4.2. Peru
6.5.4.3. Chile
6.5.4.4. Rest of Latin America
6.6. Middle East and Africa
6.6.1. Overview
6.6.2. MEA Cosmetic Ingredients Market by Type (2018-2027 USD Mn)
6.6.3. MEA Cosmetic Ingredients Market by Application (2018-2027 USD Mn)
6.6.4. Middle East and Africa Cosmetic Ingredients Market, by Country (2018-2027 USD Mn)
6.6.4.1. South Africa
6.6.4.2. Israel
6.6.4.3. Saudi Arabia
6.6.4.4. Rest of South Africa

 

7. Company Profiles


7.1. BASF SE
7.1.1. Business Description
7.1.2. Financial Health and Budget Allocation
7.1.3. Product Positions/Portfolio
7.1.4. News Coverage
7.2. Croda International Plc
7.2.1. Business Description
7.2.2. Financial Health and Budget Allocation
7.2.3. Product Positions/Portfolio
7.2.4. News Coverage
7.3. DuPont de Nemours Inc.
7.3.1. Business Description
7.3.2. Financial Health and Budget Allocation
7.3.3. Product Positions/Portfolio
7.3.4. News Coverage
7.4. Archer Daniels Midland Company
7.4.1. Business Description
7.4.2. Financial Health and Budget Allocation
7.4.3. Product Positions/Portfolio
7.4.4. News Coverage
7.5. Clariant AG
7.5.1. Business Description
7.5.2. Financial Health and Budget Allocation
7.5.3. Product Positions/Portfolio
7.5.4. News Coverage
7.6. Ashland Global Specialty Chemicals Inc.
7.6.1. Business Description
7.6.2. Financial Health and Budget Allocation
7.6.3. Product Positions/Portfolio
7.6.4. News Coverage
7.7. Solvay SA
7.7.1. Business Description
7.7.2. Financial Health and Budget Allocation
7.7.3. Product Positions/Portfolio
7.7.4. News Coverage
7.8. Evonik Industries AG
7.8.1. Business Description
7.8.2. Financial Health and Budget Allocation
7.8.3. Product Positions/Portfolio
7.8.4. News Coverage
7.9. Actives International LLC.
7.9.1. Business Description
7.9.2. Financial Health and Budget Allocation
7.9.3. Product Positions/Portfolio
7.9.4. News Coverage
7.10. INOLEX Inc.
7.10.1. Business Description
7.10.2. Financial Health and Budget Allocation
7.10.3. Product Positions/Portfolio
7.10.4. News Coverage

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List of Tables:


TABLE 1 Market Snapshot: Global Cosmetic Ingredients Market

TABLE 2 Impact Indicators

TABLE 3 Impact Analysis of Drivers and Challenges

TABLE 4 Global Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 5 Global Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 6 North America Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 7 North America Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 8 North America Cosmetic Ingredients Market Value, By Country, 2018 - 2027 (US$ Mn)

TABLE 9 U.S. Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 10 U.S. Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 11 Canada Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 12 Canada Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 13 Mexico Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 14 Mexico Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 15 Europe Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 16 Europe Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 17 Europe Cosmetic Ingredients Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 18 Germany Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 19 Germany Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 20 U.K. Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 21 U.K. Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 22 France Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 23 France Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 24 Italy Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 25 Italy Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 26 Rest of Europe Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 27 Rest of Europe Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 28 Asia Pacific Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 29 Asia Pacific Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 30 Asia Pacific Cosmetic Ingredients Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 31 Japan Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 32 Japan Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 33 China Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 34 China Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 35 India Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 36 India Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 37 South Korea Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 38 South Korea Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 39 Rest of Asia Pacific Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 40 Rest of Asia Pacific Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 41 Latin America Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 42 Latin America Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 43 Latin America Cosmetic Ingredients Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 44 Middle East & Africa Cosmetic Ingredients Market Value, by Type, 2018 - 2027 (US$ Mn)

TABLE 45 Middle East & Africa Cosmetic Ingredients Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 46 Middle East & Africa Cosmetic Ingredients Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 47 BASF SE: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 48 Croda International Plc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 49 DuPont de Nemours Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 50 Archer Daniels Midland Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 51 Clariant AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 52 Ashland Global Specialty Chemicals Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 53 Solvay SA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 54 Evonik Industries AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 55 Actives International LLC.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 56 INOLEX Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

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List of Figures:


FIG. 1 Global Cosmetic Ingredients: Market Segmentation

FIG. 2 Global Cosmetic Ingredients Market: Research Methodology

FIG. 3 Top-Down and Bottom-up Approach

FIG. 4 Global Cosmetic Ingredients Market, by Type, 2019 (US$ Mn)

FIG. 5 Global Cosmetic Ingredients Market, by Application, 2019 (US$ Mn)

FIG. 6 Global Cosmetic Ingredients Market, by Geography, 2019 (US$ Mn)

FIG. 7 Global Cosmetic Ingredients Market Value and Growth, 2018 – 2027, (US$ Mn) (Y-o-Y %)

FIG. 8 Attractive Investment Proposition, by Geography, 2017

FIG. 9    Market Positioning of Key Cosmetic Ingredients Providers, 2019

FIG. 10 Global Cosmetic Ingredients Market Value Share, by Type, 2018 & 2027 (%)

FIG. 11 Global Cosmetic Ingredients Market Value for Synthetic Chemicals, 2018 - 2027, (US$ Mn)

FIG. 12 Global Cosmetic Ingredients Market Value for Natural Ingredients 2018 - 2027, (US$ Mn)

FIG. 13 Global Cosmetic Ingredients Market Value for Specialty Chemicals, 2018 - 2027, (US$ Mn)

FIG. 14 Global Cosmetic Ingredients Market Value Share, by Application, 2018 & 2027 (Value %)

FIG. 15 Global Cosmetic Ingredients Market Value for Skincare, 2018 - 2027, (US$ Mn)

FIG. 16 Global Cosmetic Ingredients Market Value for Hair Care, 2018 - 2027, (US$ Mn)

FIG. 17 Global Cosmetic Ingredients Market Value for Oral Care, 2018 - 2027, (US$ Mn)

FIG. 18 Global Cosmetic Ingredients Market Value for Perfume & Fragrance, 2018 - 2027, (US$ Mn)

FIG. 19 Global Cosmetic Ingredients Market Value for Others, 2018 - 2027, (US$ Mn)

FIG. 20 North America Cosmetic Ingredients Market Value, 2018 - 2027, (US$ Mn)

FIG. 21 Europe Cosmetic Ingredients Market Value, 2018 - 2027, (US$ Mn)

FIG. 22 Asia Pacific Cosmetic Ingredients Market Value, 2018 - 2027, (US$ Mn)

FIG. 23 LATIN America Cosmetic Ingredients Market Value, 2018 - 2027, (US$ Mn)

FIG. 24 Middle East & Africa Cosmetic Ingredients Market Value, 2018 - 2027, (US$ Mn)

 
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