Cosmetics Ingredient Market (By Ingredient Type: Synthetic Chemical Ingredients, Natural/Herbal Ingredients, Specialty Ingredients; By End Use: Fragrance, Hair Care, Skin Care, Make-up, Oral Care, and Eye Care) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2021-2030

Published Date : Aug 2021 | No. of Pages : 150+ Pages | Category : Consumer Goods

The global cosmetics ingredient market size was valued at US$ 30.3 Bn in 2020 and expected to hit around US$ 51.5 Bn by 2030, anticipated to grow at a CAGR of 5.5% from 2021 to 2030.

The cosmetics ingredient market is anticipated to have a lucrative business attributable to the rising demand from several cosmetics and personal care products. The global cosmetics ingredient market is also driven by the growing demand for the natural/herbal product segments.

Rising Popularity of Herbal Cosmetics

Consumers are shifting toward the application of herbal cosmetic products, as they observe these as healthier alternatives over conventional products. Herbal cosmetic products stabilize hormones, support natural healing of the body, increase immunity, and have less side effects on the body. Due to these various health benefits, the demand for herbal cosmetics and personal care product is gaining traction across the globe. Moreover, herbal cosmetics and personal care products are more favored over conventional ones, which are offered in the market. The increasing demand for herbal cosmetic products among customers is pushing producers to offer herbal cosmetic ingredients, and this trend is estimated to continue during the forecast period.

Impact of COVID-19

The global outbreak of COVID-19 pandemic has boosted the sales of personal cleansing and hygiene products, including liquid soaps, sanitizers, and skincare products. Thus, the skin care segment, including several brands, which are focusing on the personal hygiene, along with cleansing is anticipated to drive the sales of cosmetic ingredients such as surfactants, antimicrobials, emulsifiers, emollient, anti-oxidants, humectants, and thickeners.

Moreover, the global crisis caused due to the novel coronavirus has significantly changed the global market dynamics. This outbreak was started in China and transmitted all around the world. Due to the outbreak of the virus, governments around the world have forced complete/partial lockdown to inhibit the spread of the COVID-19 that has adversely deteriorated the supply network of several cosmetic ingredient manufacturers. The uncertainty caused by the occurrence of the novel coronavirus has interrupted the trade (import & export) of cosmetic ingredients due to the closing of international borders.

Rising Demand for Anti-aging Ingredients Paving Way for Cosmetics Ingredient Market

The growing aging population endures to push up the demand for anti-aging cosmetic products. Moreover, increasing demographic of individuals looking for better appearance is likely to drive the growth of the anti-aging ingredient sector. Several ingredients that are used in anti-aging have moisturizing and skin healing properties. These ingredients heal skin conditions, including wrinkles, acne, blemishes, eczema, and make the skin lustrous and smooth. Additionally, these ingredients also prevent sagging skin and dark spots, which are boosting the demand for anti-aging products. Hence, the rising demand for premium skin and anti-aging products is expected to augment the demand for cosmetic ingredients.

Offering Premium Cosmetic Ingredients to Create Lucrative Avenues for Market Growth

The increase in the number of working people across the world is resulting in rising per-capita expenditure ability on cosmetic products, which is a prominent factor for sales of premium quality cosmetic ingredients. The increasing population of working women that are spending more on enhancing their appearance to appear more professional and presentable is a significant factor fueling growth of the global cosmetics ingredient market across the world. Thus, the rise in disposable incomes and working women population is directly proportional to the total spending on premium cosmetic products, which serves as an opportunistic platform for players in the global cosmetics ingredient market.

Heightened Demand for Natural Ingredients to Boost Sales

Growing concerns about side effects of various chemicals and ingredients or synthetic additives used in cosmetics and personal care products increase the demand for natural substitutes. At the back of this factor, the demand for natural cosmetic ingredients is increasing in the global market. Rising awareness and increasing expenditure on natural cosmetic products are key factors that contributed to the growth of the natural cosmetics ingredient market. Moreover, government and private corporations are also promoting use of natural cosmetic ingredients with a view to prevent and control various side effects of synthetic cosmetic ingredients, such as rashes, allergies, and other skin deformities.

Report Highlights

  • Synthetic chemical ingredients, natural/herbal ingredients, and specialty cosmetics ingredients are key segments in terms of ingredients among which, the natural/herbal ingredients segment is leading. In 2020, it accounts 46.6% of the market share in terms of value.
  • Skin care is the leading segment of the global cosmetics ingredient market based on the end use, followed by skin care. These segments account for 34.1% and 21.6% of the market, respectively, in terms of value.
  • Geographically, the global cosmetics ingredient market encompasses North America, Latin America, Middle East & Africa (MEA), and Asia Pacific. Among these regions, Europe holds the major market share that is 33.5%, followed by North America, accounting for 28.5% of the total market share, respectively.
Report Coverage Details
Market Size US$ 51.5 Billion by 2030
Growth Rate CAGR of 5.5% from 2021 to 2030
Base Year 2020
Segments Covered Ingredient, End Use, Region
Companies Mentioned BASF SE, Croda International Plc, DuPont de Nemours Inc., Archer Daniels Midland Company, Clariant AG, Ashland Global Specialty Chemicals Inc., Solvay SA, Evonik Industries AG, Actives International LLC., INOLEX Inc.

Key Players 

    • BASF SE
    • Croda International Plc
    • DuPont de Nemours Inc.
    • Archer Daniels Midland Company
    • Clariant AG
    • Ashland Global Specialty Chemicals Inc.
    • Solvay SA
    • Evonik Industries AG
    • Actives International LLC.
    • INOLEX Inc.
    • Eastman Chemical Company
    • Kolmar BNH Co Ltd.
    • COBIOSA
    • Innospec Inc.
    • Lonza Group Ltd.
    • Novacap Group (SEQENS)
    • Kao Corporation

Market Segmentation

By Ingredient Type

  • Synthetic Chemical Ingredients
    • Alcohol
    • Glycerol/Glycerine
    • Mineral Oils
    • Triethanolamine (TEA)/Diethanolamine (DEA)
    • Synthetic Colours
    • Methyl, Propyl, Butyl, Ethyl Paraben
    • Sodium Lauretha Sulphate
  • Natural/Herbal Ingredients
    • Vegetable Fatty Acids
    • Animal Fats
    • Essential Oils
    • Natural Colours
    • Waxes
  • Speciality Ingredients
    • Bioactives
    • Emollients
    • Surfactant
  • Anionic
  • Non-anionic
  • Cationic
  • Amphoteric
    • Conditioning Polymer
    • Rheology Control Agent
    • UV-absorber
    • Emulsifiers
  • Antimicrobial

By End Use

  • Fragrance
  • Hair Care
    • Hair Removal
    • Hair Conditioning & Shampoos
    • Hair Color
  • Skin Care
    • Anti-ageing
    • Acne Preparations
    • Moisturizers
    • Skin Whitening Cream
    • UV-protection
    • Others
  • Make-up
    • Foundation
    • Lipsticks & Lip guards
  • Oral Care
  • Eye Care

By Region

  • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Chile
    • Peru
    • Argentina
    • Rest of LATAM
  • Europe
    • Russia
    • Poland
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Switzerland
    • Belgium
    • Netherlands
    • Luxemburg
    • Norway
    • Sweden
    • Denmark
    • Rest of Europe
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Turkey
    • Rest of MEA
  • Asia Pacific
    • China
    • India
    • Malaysia
    • Indonesia
    • Australia
    • New Zealand
    • Japan
    • Thailand
    • Singapore
    • Rest of Asia Pacific

This report focuses on cosmetics ingredient market includes crucial information on market share, market size, and growth rate for the forecast period 2021 to 2030 at the global level, regional level and company level. From a global perspective, this report represents overall cosmetics ingredient market size by analyzing historical data and future prospect. The study highlights deep analysis on the major drivers of the market, restraints, and challenges to help the business owners, suppliers, and marketing personnel in planning effective strategies for the forecast period. This will help the business and manufacturers to lead the market and gain prominent position in future. The report also presents vital information through graphical representation on factors like table, charts, and statistics. The study includes drivers and restraints of the global cosmetics ingredient market.

The research not only conducts forecasts in terms of value, but also evaluates the market on the basis of essential parameters, such as Year-on-Year (Y-o-Y) growth. This helps providers to recognize the future opportunities as well predictability of the market.

In order to understand and assess opportunities in this market, the report is categorically divided into five key sections on the basis of segments. The report analyzes the global market in terms of value (US$ dollers) and volume (Million Units).

The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Every segment is further sub-segmented into several sub-segmented that are deeply analyzed by experts to offer valuable information to the buyers and market players. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Regional Analysis

The research report includes a detailed study of regions of North America, Europe, China, Japan and Rest of the World. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2017 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.

The report provides in-depth segment analysis of the global cosmetics ingredient market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which hold growth opportunities or account for significant share has also been included as part of geographic analysis of the cosmetics ingredient market.

The report includes country-wise and region-wise market size for the period 2017-2030. It also includes market size and forecast by segments in terms of production capacity, price and revenue for the period 2017-2030.

In this study, the years considered to estimate the market size of cosmetics ingredient are as follows:

  • History Year: 2017-2020
  • Base Year: 2021
  • Forecast Year 2021 to 2030

Competitive Landscape

This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2017 to 2019.

The analysts have provided a comprehensive analysis of the competitive landscape of the global cosmetics ingredient market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation expected to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users) and other segments.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Research Methodology

The research methodology adopted by analysts for compiling the global cosmetics ingredient market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global cosmetics ingredient market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2021) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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