Market Snapshot:
The preservative-free cosmetic is a solution to ensure the stability of the products for the entire shelf life and to prevent the damaged skin of the users. Of late, the number of accepted substances for microbial stabilization is limited due to legal restrictions globally. With growing patrons demand for natural beauty products, cosmetics design considers if preservative-free formulation can be realistic and sustainable for the industry.
Segment Analysis
AMA Research have segmented the market of Global Preservative Free Cosmetics market by Type, Application and Region.
On the basis of geography, the market of Preservative Free Cosmetics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
Growing consumer consciousness toward overall well-being, personal hygiene and grooming
Market Drivers
Rise in the working women populace and the rapid increase in customer expenditure and Increasing demand for natural skin care products
Opportunities
New product formulations and demand for herbal & organic ingredients in cosmetics
Restraints
- High cost of preservative free cosmetics products
In addition to the aforementioned factor, Rise in the working women populace and the rapid increase in customer expenditure
is expected to propel the growth of the market over the forecast period.
The key Vendors profiled in the study are L'Oreal (France), Mary Kay (United States), Procter&Gamble (United States), Shiseido (Japan), Chanel (France), Unilever (United Kingdom), Amore Pacific Corporation (South Korea), Amway (United States), Avon Products (United Kingdom), Christian Dior (France), Coty (United States), Estee Lauder (United States), Johnson & Johnson (United States), LVMH (France), Oriflame Cosmetics (Switzerland) and Revlon (United States). A lot of United States, Japanese and France players are profiled in the research study indicating a strong market dependence.