Press release
Cosmetic Ingredients Market Is Projected to Reflect a High Double-Digit CAGR through 2025
The global cosmetic ingredients market was valued at US$ 14,671.2 Mn in 2015, and is expected to grow at a year-over-year rate of 4.4% to reach US$ 15,313.9 Mn in 2016. In terms of value, Western Europe dominated the global cosmetics ingredients market with 28.0 % share in 2015. Western Europe and North America collectively are expected to account for 54.1% of the total cosmetics ingredients market share in terms of revenue in 2016
Key trends in the global cosmetic ingredients market include rapid urbanisation, introduction of innovative products with more visible effects, growing disposable income, and increasing emphasis on appearance and good-looks.
On the basis of product type polymer segment is expected to witness the highest growth, followed by surfactant segment. These two product type segments are anticipated to witness a year-over-year growth of 3.6% and 5.3% respectively in 2016.
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On the basis of application, the global cosmetics ingredients market is segmented into hair care, skin care, fragrance, make up, oral care and products including shaving kits and body hair removers. Skin care is the largest application segment, accounting for 31.6% revenue share of the market in 2016. This segment is anticipated to grow by 5.2% in 2016 to reach US$ 4,816.4 Mn in revenues.
By functionality, the cosmetics ingredients market is segmented into foamers & cleansing agent, moisturising, fragrance, toners and colouring agents. Amongst these segments, moisturising is the largest segment in terms of revenue, accounting for 25.1% share in 2015. This segment is anticipated to witness a year—over-year growth of 4.8% in 2016 to reach US$ 3,856.4 Mn.
Regionally, Western Europe will continue to remain the largest market for cosmetic ingredients in 2016. The market in the Western Europe is expected to grow by 3.8% in 2016 to reach US$ 4,256.9 Mn in revenues. The key factors fuelling the market in the region include increasing demand for skin care and hair care ingredients such as surfactant t, emollient, polymer – particularly specialty cosmetic ingredients such as antimicrobial and UV absorber. Other trends driving market growth include rapid urbanisation in developing countries and development of new and innovative products by various players in the market. North America, the second-largest market for cosmetic ingredients globally is anticipated to increase at 4.6% in 2016.
Key participants in the global cosmetics ingredients market include Akzo Nobel N.V., BASF SE, Croda International Plc, Eastman Chemical Company and The Dow Chemical Company. Key end-use companies identified for cosmetics ingredients include Unilever, L'Oréal International, The Estée Lauder Companies Inc., Colgate-Palmolive Company and COTY Inc.
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The global cosmetic ingredients market is expected to increase at a CAGR of 4.5% during the forecast period 2015−2025.
PMR new research report offers market forecast and analysis on the global cosmetic ingredients market. Demand for cosmetic ingredients is growing as consumers put increasing emphasis on appearance.
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
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NY 10007, United States,
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Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
Key trends in the global cosmetic ingredients market include rapid urbanisation, introduction of innovative products with more visible effects, growing disposable income, and increasing emphasis on appearance and good-looks.
On the basis of product type polymer segment is expected to witness the highest growth, followed by surfactant segment. These two product type segments are anticipated to witness a year-over-year growth of 3.6% and 5.3% respectively in 2016.
Request Sample Report @ https://www.persistencemarketresearch.com/samples/11164
On the basis of application, the global cosmetics ingredients market is segmented into hair care, skin care, fragrance, make up, oral care and products including shaving kits and body hair removers. Skin care is the largest application segment, accounting for 31.6% revenue share of the market in 2016. This segment is anticipated to grow by 5.2% in 2016 to reach US$ 4,816.4 Mn in revenues.
By functionality, the cosmetics ingredients market is segmented into foamers & cleansing agent, moisturising, fragrance, toners and colouring agents. Amongst these segments, moisturising is the largest segment in terms of revenue, accounting for 25.1% share in 2015. This segment is anticipated to witness a year—over-year growth of 4.8% in 2016 to reach US$ 3,856.4 Mn.
Regionally, Western Europe will continue to remain the largest market for cosmetic ingredients in 2016. The market in the Western Europe is expected to grow by 3.8% in 2016 to reach US$ 4,256.9 Mn in revenues. The key factors fuelling the market in the region include increasing demand for skin care and hair care ingredients such as surfactant t, emollient, polymer – particularly specialty cosmetic ingredients such as antimicrobial and UV absorber. Other trends driving market growth include rapid urbanisation in developing countries and development of new and innovative products by various players in the market. North America, the second-largest market for cosmetic ingredients globally is anticipated to increase at 4.6% in 2016.
Key participants in the global cosmetics ingredients market include Akzo Nobel N.V., BASF SE, Croda International Plc, Eastman Chemical Company and The Dow Chemical Company. Key end-use companies identified for cosmetics ingredients include Unilever, L'Oréal International, The Estée Lauder Companies Inc., Colgate-Palmolive Company and COTY Inc.
Request to View TOC @ https://www.persistencemarketresearch.com/methodology/11164
The global cosmetic ingredients market is expected to increase at a CAGR of 4.5% during the forecast period 2015−2025.
PMR new research report offers market forecast and analysis on the global cosmetic ingredients market. Demand for cosmetic ingredients is growing as consumers put increasing emphasis on appearance.
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
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