Global Cosmetic Preservative Market

Cosmetic Preservatives Market Size, Share, Growth Analysis, By Product(Paraben esters, Formaldehyde donors, Phenol derivatives, Alcohols), By Application(Skin & sun care, Hair care, Toiletries, Fragrances & perfumes), By Region - Industry Forecast 2024-2031

Report ID: SQMIG15E2369 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 68 | Figures: 77

Cosmetic Preservatives Market News

  • In February 2023, Symrise unveiled its purpose to create a strategic partnership between its Cosmetic Constituents division and Synergio. Symrise views this investment as an important strategic operation aimed at strengthening its dominant position as a front-runner in the field of product preservation.
  • In August 2022, Brenntag Subjects counterfeit a collaboration with ISCA, a prominent producer of preservatives, with an enthusiastic focus on cosmetic preservatives in the European market. This partnership has allowed Brenntag to combine its sourcing of preservative formulas from a single provider, marking a significant acquisition that modernizes its operations in this domain.
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Cosmetic Preservative Market size was valued at USD 407.93 Million in 2022 and is poised to grow from USD 432.41 Million in 2023 to USD 689.19 Million by 2031, at a CAGR of 6% during the forecast period (2024-2031).

The Cosmetic Preservative Market displays a fragmented landscape considered by numerous small-scale manufacturers, together with a limited number of international corporations. These companies are actively involved in ongoing research and product invention efforts to enhance and develop their product portfolios. 'BASF SE', 'Lonza Group', 'Dow Chemical Company', 'Ashland Holdings Inc.', 'Clariant', 'Symrise AG', 'Sharon Laboratories', 'The Chemours Company', 'Brenntag AG', 'Salicylates and Chemicals Pvt. Ltd.', 'Schulke & Mayr GmbH', 'Thor Personal Care', 'Ashland Specialty Ingredients', 'Symex Holdings', 'Galaxy Surfactants Ltd.', 'Innospec Inc.', 'Lanxess AG', 'Jeen International Corp', 'Merck KGaA', 'Vantage Specialty Ingredients', 'ISCA UK Ltd.', 'Kumar Organic Products Ltd.'

With increasing concerns about the possible health risks associated with certain cosmetic ingredients, consumers are flattering more judicious about the products they use. This heightened awareness has led to a surge in request for cosmetic preservers that not only extend the shelf life of cosmetic preparations but also ensure that these products are safe for application on the skin. As consumers seek more information about the constituents in their cosmetics and become proactive in analyzing product labels, manufacturers are under pressure to develop stabilizers that meet stringent safety standards, positioning with this essential trend in the cosmetics industry.

With a excavating understanding of the skin's microbiome, cosmetic companies are progressively focused on expressing preservatives that support and continue a balanced skin ecosystem. These preservatives are intended to not only protect cosmetic products from microbial infection but also to work harmoniously with the skin's natural microbiota. By protective the skin's microbiome, these innovative preservatives aim to underwrite to overall skin health, positioning with the growing consumer demand for products that are not only effective but also caring of a healthy and balanced skin ecosystem.

In 2022, the Asia Pacific region appropriated the lead in the cosmetic stabilizers industry, with a demand share that exceeded 34%. The strong growth was attributed to the increasing demand for cosmetics and a growing awareness concerning personal hygiene and cleanliness in this region. Notably, China and India were expected to experience healthy market growth, followed by several other South East Asian countries.

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Global Cosmetic Preservative Market

Report ID: SQMIG15E2369

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