Chemicals For Cosmetics And Toiletries Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Germany, India, UK - Size and Forecast 2024-2028

Chemicals For Cosmetics And Toiletries Market Size 2024-2028

The chemicals for cosmetics and toiletries market size is forecast to increase by USD 10.32 billion at a CAGR of 5.97% between 2023 and 2028.

• The market is witnessing significant growth due to several key trends. The increasing demand for grooming products among men is driving market growth. Additionally, there is a rising preference for conditioning agents in personal care products, leading to market expansion. Consumer awareness regarding the health implications of synthetic ingredients is also influencing market dynamics, with a shift towards natural and organic alternatives. These factors collectively contribute to the growth of the market.

What will be the Size of the Chemicals For Cosmetics And Toiletries Market During the Forecast Period?

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• The chemicals market for cosmetics and toiletries In the United States continues to evolve, driven by consumer preferences for innovative and effective products. Key product categories include exfoliants, surfactants, emulsifiers, emollients, colorants, alcohols, and various types of active and inactive ingredients. Exfoliants, such as physical and chemical options, are popular in skincare for their ability to remove dead skin cells and improve complexion. Formaldehyde, a preservative, remains a topic of controversy due to health concerns, leading to the development of alternative preservation systems. Surfactants, emulsifiers, and emollients are essential for creating desired textures and functions in cleansers, lotions, serums, and other personal care products.
• Colorants, including natural and synthetic options, add visual appeal to cosmetics, while fragrances and perfumes enhance sensory experiences. Alcohols serve as solvents and preservatives, while sunscreens rely on a range of active and inactive ingredients for protection. Vitamins, such as retinol and vitamin C, peptides, and hyaluronic acid, are popular active ingredients for their anti-aging and skin-rejuvenating properties. Excipients and inactive ingredients, including preservatives and thickeners, ensure product stability and consistency. Overall, the cosmetics and toiletries chemicals market is characterized by ongoing research and development, regulatory compliance, and evolving consumer trends.

How is this Chemicals For Cosmetics And Toiletries Industry segmented and which is the largest segment?

The chemicals for cosmetics and toiletries industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2017-2022 for the following segments.

• Type
  • Cosmetics chemicals
  • Toiletries chemicals
• Application
  • Hair care products
  • Skin care products
  • Color cosmetic
  • Perfumes and fragrancies
  • Others
• Geography
  • APAC
    • China
    • India
  • North America
    • US
  • Europe
    • Germany
    • UK
  • South America
  • Middle East and Africa

By Type Insights

• The cosmetics chemicals segment is estimated to witness significant growth during the forecast period.

In the cosmetics industry, various chemicals play essential roles in creating high-quality products. These include alcohols, polymers, petroleum products, essential oils, pigments, surfactants, inorganic chemicals, fatty chemicals, ketones, colorants, and others. Among these, polymers, specifically cationic polymers, hold significant importance in hair care cosmetics. These polymers are chemically modified to enhance their binding properties, providing a shiny and smooth texture to hair while preventing tangling and breakage. Commonly used polymers for hair conditioning include polyquaternium-10, polyquaternium-7, polyquaternium-11, Dimethicone, Cyclopentasiloxane, dimethiconol, and dimethicone copolyols. Polymers also serve as setting agents in hair sprays and hair creams.

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The Cosmetics chemicals segment was valued at USD 0.00 billion in 2017 and showed a gradual increase during the forecast period.

Regional Analysis

• APAC is estimated to contribute 34% to the growth of the global market during the forecast period.

Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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In the Asia Pacific (APAC) region, Japan, China, and India represent significant markets for cosmetics and toiletries products. The demand for natural and organic cosmetics has been on the rise due to growing consumer awareness of the potential health risks associated with synthetic chemicals and ingredients, such as formaldehyde, surfactants, emulsifiers, emollients, colorants, and alcohols. This trend is driving companies to invest In the development of sustainable and naturally sourced ingredients, such as herbs and plants, which are abundant in Southeast Asian countries. The APAC cosmetics market is expected to grow steadily during the forecast period due to increasing consumer preference for eco-friendly and natural products.

companies can capitalize on this trend by setting up production units In the region to meet the growing demand for natural and organic cosmetics and toiletries.

Market Dynamics

Our chemicals for cosmetics and toiletries market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise In the adoption of Chemicals For Cosmetics And Toiletries Industry?

Growing demand of grooming products for men is the key driver of the market.

• The market encompasses a wide range of products including Exfoliants, Emulsifiers, Emollients, Colorants, Alcohols, Surfactants, and Inactive Ingredients. These chemicals are integral to various categories such as Skin Care, Hair Care, Fragrances, Perfumes, Bathing Products, Sunscreens, Cleansers, Lotions, Serums, Lipsticks, Nail colors, and Creams. Consumer preferences for multifunctional cosmetics and sustainable farming practices are driving the demand for botanical extracts, peptides, hyaluronic acid, and Alpha hydroxy acids. Manufacturers are focusing on formulation technologies to develop cleaner labels and cater to the rising demand for personalized cosmetics based on skin type and hair type. The market is witnessing technological capabilities in green chemistry processes and biotechnological methods to create sustainable and eco-friendly products.
• Key ingredients like Benzyl alcohol, Acetone, Ethanol, Ethyl acetate, Camphor, and Vitamins such as Retinol and Vitamin C are essential in skincare and haircare. Preservatives, Thickeners, Solvents, and Multifunctional products are other crucial ingredients used in cosmetics and toiletries. The market is also witnessing a trend towards winning imperatives like mergers, regional footprint expansion, and online customization tools for direct-to-consumer brands. Regulatory shifts are influencing the market dynamics, with a focus on consumer safety and transparency. Overall, the market is expected to grow significantly during the forecast period, driven by the increasing demand for high-performance, sustainable, and customized personal care products.

What are the market trends shaping the Chemicals For Cosmetics And Toiletries Industry?

Growth in demand for conditioning agents is the upcoming market trend.

• The market encompasses a range of ingredients used in various personal care products, including exfoliants, surfactants, emulsifiers, emollients, colorants, alcohols, and inactive ingredients. These chemicals are integral to the formulation of cosmetics, skin care, hair care, fragrances, perfumes, bathing products, and hygiene items. Exfoliants, such as Alpha Hydroxy Acids (AHAs) and Beta Hydroxy Acids (BHAs), are essential for removing dead skin cells and revealing smoother, more radiant complexions. Formaldehyde and other preservatives are used to extend the shelf life of these products, while surfactants like Sodium Lauryl Ether Sulfate (SLES) and Cocamidopropyl Betaine (CAPB) act as cleansing agents. Emulsifiers, like Polysorbate 80 and Steareth-20, help blend oil and water components, while emollients, such as Dimethicone and Shea Butter, soften and moisturize the skin.
• Colorants, derived from natural sources or synthetic compounds, add visual appeal to cosmetics, while alcohols, like Ethanol and Propylene Glycol, serve as solvents and thickeners. Vitamins, Retinol, Vitamin C, Peptides, and Hyaluronic acid are active ingredients that provide various benefits, such as anti-aging, brightening, and hydrating properties. The market for cosmetics and toiletries is driven by consumer preferences for multifunctional products, sustainable farming practices, and cleaner labels. Technological capabilities, regulatory shifts, and formulation technologies are also key factors influencing market growth. Winning imperatives include personalized cosmetics, online customization tools, and the rise of direct-to-consumer brands. The market is expected to grow during the forecast period, with conditioning agents, such as cationic conditioning polymers, gaining popularity due to their benefits for both hair care and skincare applications.
• Eco-friendly and biotechnological green chemistry processes are also becoming increasingly important In the development of new cosmetic and toiletries products.

What challenges does the Chemicals For Cosmetics And Toiletries Industry face during its growth?

Growing consumer awareness about health implications of synthetic ingredients is a key challenge affecting the industry growth.

• The chemicals used In the production of cosmetics and toiletries, including exfoliants, surfactants, emulsifiers, emollients, colorants, alcohols, and preservatives, have raised health concerns among consumers. Synthetic ingredients such as benzyl alcohol, acetone, ethanol, ethyl acetate, camphor, and formaldehyde are commonly used in skincare, haircare, makeup, and hygiene products. However, their long-term use can lead to various health issues. For instance, methyl, ethyl, and propyl parabens, widely used as preservatives, can cause skin allergies and rashes. Formaldehyde, a preservative and disinfectant, is a known carcinogen. Consumer preferences for natural and organic products have led to the rise of multifunctional cosmetics and toiletries derived from sustainable farming practices and green chemistry processes.
• The market for these products is driven by technological capabilities, regulatory shifts, and the increasing demand for personalized cosmetics. Direct-to-consumer brands and online customization tools have also gained popularity, allowing consumers to choose products based on their skin and hair type. The market for cosmetics and toiletries is constantly evolving, with new formulation technologies and cleaner labels becoming essential winning imperatives. Multifunctional products, such as serums, lotions, creams, and lipsticks, are increasingly popular due to their ability to address multiple skin concerns. Sunscreens and cleansers remain staples In the market, with a growing focus on active ingredients like vitamins, retinol, vitamin C, peptides, hyaluronic acid, alpha hydroxy acids, botanical extracts, and preservatives.
• The market for cosmetics and toiletries is highly competitive, with a diverse range of brands catering to various consumer segments. Brands like Shiseido, Vogue, Glossier, Ceremonia, Tata Harper, Dermalogica, Redseer, Becca, Indya, Forrest Essentials, Jimmy Coo, Colorbar, Wow Skin, Clinique, MyGlamm, and others continue to innovate and expand their product offerings to meet evolving consumer preferences. The market is expected to continue growing, driven by consumer demand for high-quality, safe, and effective products.

Exclusive Customer Landscape

The chemicals for cosmetics and toiletries market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the chemicals for cosmetics and toiletries market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, chemicals for cosmetics and toiletries market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence In the industry.

AAK AB - Our company supplies high-quality glycerin, a versatile ingredient In the cosmetics and toiletries industry. Glycerin functions effectively as a hair conditioning agent due to its excellent hydrating properties. By maintaining a consistent moisture balance, it leaves hair smooth, manageable, and shiny. Our glycerin is sourced from reputable suppliers and undergoes rigorous quality checks to ensure its purity and consistency. Trust us for your glycerin needs and enhance the performance of your cosmetic and personal care products.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• AAK AB
• Arkema SA
• Ashland Inc.
• BASF SE
• Bayer AG
• Bio Botanica Inc.
• Biosil Technologies Inc.
• Dow Inc.
• Evonik Industries AG
• FENCHEM
• Hallstar Innovations Corp.
• Honeywell International Inc.
• Nouryon
• Shell plc
• SILAB SA
• Solvay SA
• Stepan Co.
• Symrise AG
• Terry Laboratories LLC
• The Lubrizol Corp.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Research Analyst Overview

Understanding the Role of Key Ingredients in Cosmetics and Toiletries The cosmetics and toiletries market is a dynamic and ever-evolving industry, driven by consumer preferences and technological capabilities. This market encompasses a wide range of products, including skincare, haircare, makeup, and hygiene products. At the heart of these offerings are various ingredients that serve distinct functions. In this article, we delve into the role of some common ingredients in cosmetics and toiletries. Exfoliants are essential components of skincare products, as they help remove dead skin cells, revealing smoother, more radiant skin. These ingredients can be derived from natural sources, such as fruit enzymes, or synthetic, like microbeads.

Their inclusion in formulations enhances the overall performance and appeal of cleansers, lotions, and serums. Formaldehyde, a preservative, is another key ingredient in cosmetics and toiletries. It is used to prevent bacterial growth and extend the shelf life of products. However, due to safety concerns, its use is increasingly being replaced by alternative preservatives, such as parabens and phenoxyethanol. Surfactants and emulsifiers are essential for the creation of various product textures. Surfactants, like sodium lauryl sulfate, help create the lather in cleansers, while emulsifiers, like polysorbate 80, ensure the even distribution of oil and water in lotions and creams.

Emollients, such as petrolatum and mineral oil, are crucial for providing a smooth, moisturized feel to the skin. They form a protective layer on the skin, preventing water loss and enhancing the overall appearance. Colorants, derived from natural and synthetic sources, add visual appeal to various cosmetic products. They can range from inorganic pigments, like titanium dioxide and iron oxides, to organic pigments, like henna and indigo. Alcohols, like ethanol and benzyl alcohol, serve multiple functions in cosmetics and toiletries. They act as solvents, preservatives, and fragrance carriers. However, their inclusion in formulations can be a subject of debate due to potential drying effects on the skin.

The role of inactive ingredients, such as thickeners, fragrances, and preservatives, is often overlooked but essential. Thickeners, like carboxymethyl cellulose, provide the desired texture and consistency to various products, while fragrances enhance the sensory experience. Preservatives, like parabens and phenoxyethanol, ensure the safety and shelf life of products. Sunscreens are a critical component of the cosmetics and toiletries market, with ingredients like zinc oxide and titanium dioxide providing broad-spectrum protection against UVA and UVB rays. These ingredients create a physical barrier on the skin, preventing harmful sun rays from penetrating. Consumer preferences continue to shape the cosmetics and toiletries industry, driving the demand for sustainable farming practices, multifunctional cosmetics, and personalized offerings.

Biotechnological processes and green chemistry are increasingly being adopted to create cleaner labels and address consumer concerns regarding the safety and environmental impact of ingredients. Regulatory shifts, mergers, and regional footprint expansion are some of the winning imperatives for companies In the cosmetics and toiletries market. Formulation technologies continue to evolve, with an emphasis on active ingredients like retinol, vitamin C, peptides, hyaluronic acid, alpha hydroxy acids, and botanical extracts. In conclusion, the cosmetics and toiletries market is a complex and fascinating industry, driven by a diverse range of ingredients and consumer preferences. Understanding the role of these ingredients and their functions is essential for both industry professionals and consumers seeking to make informed choices.

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What are the Key Data Covered in this Chemicals For Cosmetics And Toiletries Market Research and Growth Report?

• CAGR of the Chemicals For Cosmetics And Toiletries industry during the forecast period
• Detailed information on factors that will drive the Chemicals For Cosmetics And Toiletries growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
• Accurate predictions about upcoming growth and trends and changes in consumer behaviour
• Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
• Thorough analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the chemicals for cosmetics and toiletries market growth of industry companies

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