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DUBLIN--(BUSINESS WIRE)--Nov 14, 2022--
The "Global Cosmetic Preservatives Market Size, Trends and Growth Opportunity, By Type, By Raw Material, By Application, By Region and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The Global Cosmetic Preservatives Market was valued at USD 383.17 million in 2021 would rocket up to USD 562million by 2027 at a CAGR of 5.27% from 2022-2027.
In order to prevent undesired chemical changes and degradation brought on by microbial development, cosmetic preservatives are compounds that might be synthetic or natural that are added to personal care products. The majority of items must contain cosmetic preservatives in order to avoid product damage and unintended contamination of the cosmetic products. Preservatives are an ingredient in many cosmetic goods, including shampoos, conditioners, lipsticks, lotions, moisturisers, and anti-aging products.
Market Drivers
Due to its capacity to preserve cosmetic goods safe for a longer period of time, consumers are becoming more aware of and driven to utilise cosmetic preservatives. The provided with the opportunity of synthetic and natural cosmetic preservatives is anticipated to increase consumer demand for these products.
The market for cosmetic preservatives may grow as a result of increasing consumer adoption of cosmetic products due to a wide range of benefits, such as retaining the product's freshness during the lengthy period between the time of creation and the user's completion of use.
There are many diverse ingredients in cosmetic goods. These constituents include washing agents, distinctive perfumes, and preservatives for cosmetics. The usage of chemicals that have harmful effects is continuously being restricted by regulatory bodies. Governments have implemented strict rules and regulations surrounding the usage of natural cosmetic preservatives in the production of cosmetic products, which is forecasted to fuel the market's growth rate.
Additionally, advancements in living standards, elevated use of herbal ingredients in cosmetic products, accelerated shelf life, availability of natural and synthetic preservatives, and shifting consumer preferences toward using natural cosmetic products are some of the key factors envisaged to encourage the expansion of the cosmetic preservatives market.
People these days regularly use cosmetics that improve their appearance. Male-specific cosmetics, such as mud masks, anti-aging products, and moisturisers, are in high demand. Males in their younger years often suffer with issues including hair loss, greasy skin, acne, and wrinkles.
Applying effective natural cosmetic preservatives and being conscious of how to employ the right cosmetic preservatives will help you solve all of these issues. In order to boost the market for cosmetic preservatives that specifically target the male market, cosmetic manufacturing companies have profitable potential.
Market Restraints
Synthetic cosmetic preservatives have been used in the creation of cosmetic products, and their use has a lot of negative impact. For instance, prolonged usage of hydroquinone can have adverse health consequences such as skin cancer, inflammation of the respiratory tract, and organ system toxicity. Mercury can destroy the brain, kidneys, and liver but is frequently used as a cosmetic to lightening the skin tone and reduce black spots.
Market Taxonomy
By Type
By Raw material
By Applications
By Region
Companies Mentioned
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KEYWORD:
INDUSTRY KEYWORD: COSMETICS RETAIL
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/14/2022 05:33 AM/DISC: 11/14/2022 05:33 AM
http://www.businesswire.com/news/home/20221114005558/en