The study covers a detailed analysis segmented by key business segments i.e. by type (Emollients, Surfactants, UV absorbers and Conditioning polymers) , by application (Skin care products, Haircare products, Makeup products and Various fragrance products) and major geographies. Research Analyst at AMA predicts that United States and German Vendors will contribute to the maximum growth of Global Cosmetic Chemicals market throughout the predicted period.
What is Cosmetic Chemicals?
A cosmetic chemical is referred to as a substance which is either a synthetic chemical or naturally occurring processed chemicals and is added to give the texture and feel for various kinds of cosmetic products. While a cosmetic is a substance which is designed to be used on any external part of the human body in order to enhance the odours of the body, to alter the look, for cleansing it, shield it, or fragrance it. Many types of chemicals combinations are used for the preparation of various cosmetic products. Cosmetics are basically made from a range of ingredients which are known as so-called industrial chemicals. The market of cosmetic chemicals is growing due to the strong demand for anti-ageing and skincare cosmetics, while some of the concerns related to the growing health concerns regarding ingredient toxicity is hampering the overall market.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Cosmetic Chemicals market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, including:
- The Dow Chemical Company (United States)
- Givaudan (Switzerland)
- Eastman Chemical Company (United States)
- Lonza Group (Switzerland)
- BASF SE (Germany)
- Ashland Inc. (United States)
- Lanxess (Germany)
- P&G Chemicals (United States)
- Solvay S.A. (Belgium)
- Evonik Industries AG (Germany)
Cosmetics and other personal care items must be labeled in accordance with the Trade Practices (Consumer Product Information Standards, Cosmetics) Regulations 1991. This regulation requires that all intentionally added ingredients are listed on the product label, and is enforced by the Australian Competition and Consumer Commission (ACCC).
Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high-end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, manufacturing equipment innovation, core technology improvement, and brand establishment.
Market Trend
Increasing application scope of UV absorbers in personal care formulations
Restraints
- Growing health concerns regarding ingredient toxicity
Opportunities
Increasing demand for innovative skin lightening ingredients
Key highlights of the Global Cosmetic Chemicals market Study:
CAGR of the market during the forecast period 2020-2026
In-depth information on growth factors that will accelerate the Cosmetic Chemicals market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Cosmetic Chemicals market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Cosmetic Chemicals Vendors
Transformation and Important Trigegrs:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cosmetic Chemicals market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cosmetic Chemicals market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Cosmetic Chemicals manufacturers, Cosmetic Chemicals providers, Research institutions, Cosmetic Chemicals Industry, Retailers, Wholesalers, E-commerce Companies, Traders, Importers, and Exporters and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.