2021 Cosmetic Chemicals Market - Size, Share, Competition and Forecasts to 2027

Description:
The global cosmetics chemicals market was valued at $24.16 billion in 2020. Further, it is expected to witness a steady growth rate of 4.07% during the period 2021-2027.

Asia Pacific dominates the market, driven by China. On the other hand, the US stood the single largest market worldwide. Further, India, China, Brazil and Canada are the potential growth markets.
Ongoing demand for natural cosmetic ingredients, increasing consumption of Baby Care products and shift in consumption patterns are some of the market trends.

Major Trends, Drivers and Challenges:
Strong demand for natural cosmetics industry - Leading chemical companies are emphasizing on using bio-based ingredients for cosmetics manufacturing. Rising concerns on health issues related to use of chemicals in cosmetics is driving demand for natural products.

Increasing consumption of Baby Care products - An estimated 8.8% of global population or around 700 million people are between 0 and 4 years age group during 2019, presenting strong market potential for baby care products such as baby bath, baby shower and hair care products

Anti-aging and Male Grooming Segment is among the most targeted segment - The global male grooming products market is expected to grow at a CAGR of 7.1% during the forecast period from around $3 billion in 2020. Companies are increasingly spending on widening product portfolio, wider distribution network, and marketing and promotion activities.

Increasing Demand for Multifunctional Ingredients - Growing demand for multifunctional ingredients is being observed worldwide. As customers prefer single product for multiple functions, cosmetic companies are demanding chemicals with multi-functional capabilities.

Stringent Governmental Regulations - Worldwide, different regulation standards exist for cosmetic products across different countries, which pose significant challenges for global companies.

Leading Segments Information
Emollients, film-formers, and moisturizers remain the most Dominant segment in the Cosmetic Chemicals ingredient type worldwide with XX.X% market share in 2020

Asia Pacific stood the largest market for Cosmetic Chemicals with XX.X% market share worldwide in 2020.

Companies Analyzed
BASF Corp
Solvay SA
Stepan Company
Akzo Nobel N.V.
Evonik Industries AG

Segmentation
Global Cosmetic Chemicals Market, By Type
Surfactants,
Emollients, film-formers, and moisturizers
Polymers
Antioxidants and Preservatives
Others

Global Cosmetic Chemicals Market, By Application
Skin Care
Hair Care
Color Cosmetics
Perfumes and Fragrances
Oral Care
Others

By Geography
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
Middle East and Africa (Saudi Arabia, South Africa, Rest of MEA)
South and Central America (Brazil, Argentina, Chile, Rest of SCA)

Report Scope-
The report- ‘2021 Cosmetic Chemicals Market - Size, Share, Competition and Forecasts to 2027’ presents growth projections in the Cosmetic Chemicals Market between 2021 and 2027 for companies operating across different types, applications, and end-user verticals.

Short-term and long-term trends affecting the market landscape are included in the research. Further, market drivers, restraints, and potential opportunities are also provided in the report.

The Cosmetic Chemicals Market report computes the 2020 market value in revenue terms based on the average Cosmetic Chemicals prices and sales/revenue models of key companies operating in the Cosmetic Chemicals Industry. The study forecasts the market size to 2027 for different types of Cosmetic Chemicals and provides respective market share and growth rates.

The study discusses technological innovations and the potential shift in demand among various products in the Cosmetic Chemicals Market, over the forecast period. The leading five companies in the Cosmetic Chemicals Industry together with their products, key strategies, and comparisons are provided.

The Cosmetic Chemicals Market size, share, and outlook across different types and applications are provided at geographic levels of North America, Asia Pacific, Europe, Middle East Africa, South and Central America. Further, country-level Cosmetic Chemicals Market value is also provided.

All recent developments in Cosmetic Chemicals Industry including mergers, acquisitions, contract awards, licenses, product launches, and expansion plans are included in the report.

• Base Year- 2020; Forecast period: 2021- 2027
• Publication frequency- Every six months
• Research Methodology- Data triangulation with top-down and Bottom-up approach are used for market size

Key Coverage of the Report -
• Global Cosmetic Chemicals Industry size, 2020- 2027
• Market trends, drivers, restraints, and opportunities
• Porter’s Five forces analysis
• Types of Cosmetic Chemicals , 2020-2027
• Cosmetic Chemicals applications and end-user verticals market size, 2020- 2027
• Cosmetic Chemicals Market size across countries, 2020- 2027
• 5 leading companies in the industry- overview, key strategies, financials, and products
• Latest market news and developments

Additional support -
• All the data presented in tables and charts of the report is provided in a separate Excel document
• Print authentication extended
• 10% free customization to include any specific data/analysis to match with the requirement
• 3 months of analyst support

The Report will be updated to the latest month and delivered within 2 business days