Cosmetic Preservatives Market - Global Industry Analysis and Forecast 2022 – 2027

Cosmetic Preservatives Market - Global Industry Analysis and Forecast 2022 – 2027

Based on Global Market Insights Inc., report, the global Cosmetic Preservatives Market was estimated at $930 million in 2020 and is slated to exceed $1565 million by 2027, registering a CAGR of 7.85% from 2021 to 2027. The report provides a thorough analysis of the main investment avenues, major winning strategies, drivers and opportunities, wavering industry trends, market estimations as well as size, competitive scenarios.

Cosmetic Preservatives are compounds used in cosmetics to prevent growth of mold and bacteria. Preservatives are ingredients that have ability to decrease microbial growth in cosmetic products and enhances the shelf life. It protects products from contamination of micro-organisms during storage and when used by the customer. These preservatives help the cosmetic formulations to remain safe and prevents chemical alteration in time owing to its application in skin care, hair care and toiletries

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Government initiatives to promote baby hygiene along with presence of international brand in this sector to ensure baby hygiene and safety should the cosmetic preservatives market growth. Furthermore, growing working women population has increased demand for baby products along with availability of varied products in this sector will boost demand for baby products.

Europe should surpass USD 620 million by 2027. Europe dominates market owing to presence of major cosmetic producing manufacturers in Germany, Italy and France. Strict regulations related to processing of beauty products supported by proposed list of permitted preservatives has encouraged effective manufacturing of beauty products. Growing R & D expenditure to develop innovative cosmetic raw material along with technical advancements in safety testing will favor the regional cosmetic preservatives market sales.

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The cosmetic preservatives industry share is competitive and includes manufacturers such as Ashland, Lonza, Arkema fine chemicals, DuPont de Nemours, BASF, Chemipol, Sharon Laboratories, Symrise AG, Salicylate and chemical Pvt Ltd., Thor Group Ltd and Dadia Chemical Industries.

Chapter 1   Methodology & Scope

1.1    Market definitions

1.2    Base estimates & calculations

1.3    Forecast calculations

1.4    Data Sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1    Paid Sources

1.4.2.2    Public Sources

 

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