Cosmetic Preservatives Market Report: Introduction
Cosmetic preservatives are derived from natural or synthetic ingredient. They are used as antioxidants, antimicrobials and stabilizers. To protect the product from contamination during use and to prevent product damage caused by microorganisms, the use of cosmetic preservatives is necessary.
Axiom MRC added an “Cosmetic Preservatives Market Report, By Product (Natural/Organic Preservatives and Synthetic Preservatives), Application (Hair Care, Skin Care, Toiletries, Fragrance & Perfumes, Baby Products) and Geography – Global Market Share, Trend Analysis & Forecast Up To 2025”
The use of contaminated cosmetic on the skin can cause major problems, whereas, preservatives help prevent such problems. Cosmetics are very good medium for growth of microbes because they contain water, oils and carbohydrates.
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Cosmetic Preservatives Market Outlook
The cosmetic preservatives market has witnessed remarkable growth in past few years due to the growth in personal care industry. This market is primarily driven by rapid increase in customer expenditure on cosmetic products and beautification. Furthermore, increasing investments in research & development and new product innovation of paraben free preservatives & organic preservatives are expected to drive the global market. Additionally, rising disposable income and growing consumer awareness towards personal hygiene & grooming are further set to propel the product demand.
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Cosmetic Preservatives Market Segmental Overview
Cosmetic Preservatives Market by Product
Based on products, the global cosmetic preservative market is segmented into natural/organic preservatives which is further segmented into organic acids, natural antioxidants, essential oils and plant/herbal extracts. Whereas, synthetic preservatives is sub segmented into parabens, formaldehyde releasers, phenol derivatives, quaternary ammonium compounds and alcohols.
Cosmetic Preservatives Market by Application
Based on application, the global cosmetic preservatives market is segmented into hair care, skin care, toiletries, fragrance & perfumes and baby products. The hair care application segment accounted for the largest share in 2018, due to increasing consciousness about hair damage. Moreover, the demand of cosmetics preservatives in toiletries segment is also anticipated to witness remarkable growth during the forecast period 2020 to 2025.
Cosmetic Preservatives Market by Geography
Based on geography, the global cosmetic preservatives market is segmented into North America, Europe, Asia Pacific and Rest of the World.
This region is expected to grow at a fastest CAGR on account of the growing production and demand of cosmetic products in countries such as Japan, China and India.
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Cosmetic Preservatives Market Key Players
Some of the major players operating in the global chemical peels market includes Ashland Inc., BASF SE, Lonza Group Ltd., Akema Fine Chemicals, Symrise AG, The DOW Chemical Company, Clariant AG, Salicylates & Chemicals Pvt. Ltd, Brenntag AG, and Chemipol.
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