Global Cosmetic Ingredients Market is Projected to Record Sluggish CAGR 4.5% by 2025

Global Market Study on Cosmetic Ingredients: Surfactant Segment to Drive the Market
Growth By 2025
PMR new research report offers market forecast and analysis on the global cosmetic ingredients
market. Demand for cosmetic ingredients is growing as consumers put increasing emphasis on
appearance.
Global Market Study on Cosmetic Ingredients: Surfactant Segment to Drive the Market Growth By
2025
The global cosmetic ingredients market was valued at US$ 14,671.2 Mn in 2015, and is expected to
grow at a year-over-year rate of 4.4% to reach US$ 15,313.9 Mn in 2016. In terms of value, Western
Europe dominated the global cosmetics ingredients market with 28.0 % share in 2015. Western
Europe and North America collectively are expected to account for 54.1% of the total cosmetics
ingredients market share in terms of revenue in 2016
Key trends in the global cosmetic ingredients market include rapid urbanisation, introduction of
innovative products with more visible effects, growing disposable income, and increasing emphasis
on appearance and good-looks.
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On the basis of product type polymer segment is expected to witness the highest growth, followed
by surfactant segment. These two product type segments are anticipated to witness a year-over-year
growth of 3.6% and 5.3% respectively in 2016.
On the basis of application, the global cosmetics ingredients market is segmented into hair care,
skin care, fragrance, make up, oral care and products including shaving kits and body hair
removers. Skin care is the largest application segment, accounting for 31.6% revenue share of the
market in 2016. This segment is anticipated to grow by 5.2% in 2016 to reach US$ 4,816.4 Mn in
revenues.
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By functionality, the cosmetics ingredients market is segmented into foamers & cleansing agent,
moisturising, fragrance, toners and colouring agents. Amongst these segments, moisturising is the
largest segment in terms of revenue, accounting for 25.1% share in 2015. This segment is
anticipated to witness a year—over-year growth of 4.8% in 2016 to reach US$ 3,856.4 Mn.
Regionally, Western Europe will continue to remain the largest market for cosmetic ingredients in
2016. The market in the Western Europe is expected to grow by 3.8% in 2016 to reach US$ 4,256.9
Mn in revenues. The key factors fuelling the market in the region include increasing demand for
skin care and hair care ingredients such as surfactant t, emollient, polymer – particularly specialty
cosmetic ingredients such as antimicrobial and UV absorber. Other trends driving market growth
include rapid urbanisation in developing countries and development of new and innovative products
by various players in the market. North America, the second-largest market for cosmetic ingredients
globally is anticipated to increase at 4.6% in 2016.
Key participants in the global cosmetics ingredients market include Akzo Nobel N.V., BASF SE,
Croda International Plc, Eastman Chemical Company and The Dow Chemical Company. Key enduse companies identified for cosmetics ingredients include Unilever, L'Oréal International, The
Estée Lauder Companies Inc., Colgate-Palmolive Company and COTY Inc.
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