Bizizz Market Research has recently published a research report, “Cosmetic Ingredients Market By Product Type (Emulsifiers, Emollients, UV Absorbers, Antimicrobials, Conditioning, Polymers and Surfactants), Functionality (Cleansing Agent, Aroma, Moisturizing, and Others), Application (Makeup, Skin Care, Hair Care, Oral Care, Nail Care, and Others), Component, and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global Cosmetic Ingredients Market was valued at US$ XX Bn in 2018 and it is anticipated to reach at market value of US$ 9.2 Bn by 2027, witnessing a CAGR of 8.2 % during the forecast period. Key drivers of the market are cosmetic ingredients consideration as the daily essential elements for physical wellbeing along with increased consumption rate in the urban areas.
The cosmetic ingredients products are rising in its consumption that is stimulating the growth of its market demand. It has become an essential element for the men and women encouraging its market potential. Moreover, the cosmetic ingredients are being considered for the physical wellbeing of the individuals that is propelling its market growth.
The Cosmetic Ingredients market is anticipated to register a CAGR of over 8.2% during the forecast period.
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By Product, Emollients segment held a key/prominent share in Global Cosmetic Ingredients Market in 2018.
The market of cosmetics ingredients is leading by the Emollients segment and is expected to have a significant market growth in contrast to other segments in most of the applications of personal care products including surfactants are manufactured worldwide for the cosmetic products and the demand for it is rising considerably in the cosmetics.
North America is Anticipated to Dominate the Global Cosmetic Ingredients Market during the Forecast Period (Please do capitalize each word)
The North American region is considered as the leading region in the consumption of cosmetic ingredients market. The cosmetics ingredients market is dominant especially in the US market encouraging the customers to utilize wide variety of these offerings.
Global Cosmetic Ingredients market was highly fragmented among the number of local and global players. Thus there is a significant expansion strategies being adopted by the manufacturing companies.
Prominent players operating in the Global Cosmetic Ingredientss Market are: DuPont, BASF SE, Croda International, The Dow Chemical Company, Unilever, COTY Inc, Lonza Group AG, Ashland Inc., among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
c) Impact on Industry / company revenue and predictive intelligence on forecast sales
d) In-depth analysis on market segmentation – both value and volume analysis
e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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