© 2016 Global Market Insights. All Rights Reserved Cosmetic Ingredients Market Share, Opportunities, Growth & Future Challenges Analysis.

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Presentation transcript:

© 2016 Global Market Insights. All Rights Reserved Cosmetic Ingredients Market Share, Opportunities, Growth & Future Challenges Analysis By 2017 – 2024 Key players in cosmetic ingredients market are Callahan, Dow Chemicals, Sederma Inc., Rhodia, BASF, DuPont Tate & Lyle, Clariant, Evonik Industries, Ashland and Kovic. These companies are significantly emphasizing on research and development activities to eliminate product side effects on human body.

© 2016 Global Market Insights. All Rights Reserved Cosmetic Ingredients Market size is anticipated to grow rapidly owing to extensive use in personal care products around the world. It is added in personal care goods to enhance facial appearance. There are large variety of constituents used improving one’s personal appearance. Increasing in consumer spending on beautification will surge product demand in the forecast period. Personal care industry has grown over 40% from past decade due to rising consumer awareness regarding body care and wellness. Consumption pattern in teenagers for hair and skin care goods is substantially increasing. Both the genders of the society are contributing equally in growing cosmetic ingredients market. It was estimated that 25% salon business come from men’s treatment. Large number of existing players and new entrants is making cosmetic ingredients market highly competitive. Global Market Scenario of Cosmetic Ingredients

© 2016 Global Market Insights. All Rights Reserved Product Analysis:- Whitening products are increasing getting popular among both the genders, in turn propelling industry growth. Men these days are not ashamed to be called as metrosexual. There is a change in the consumer habits from past and several companies are emphasizing on social media to lure consumers. Growing preference for natural skin lighting elements along with desire for fairer skin tone positively influence industry size. Excessive use of product can lead to severe dryness, skin irritation and blistering. Growing consumer awareness regarding ill effects of the elements is expected to drive consumers towards natural and organic components and can affect the overall growth. Regional Trends:- Middle East will witness high demand in cosmetic ingredients market in forecast time period due to growing consumer fairness applications to maintain their white tone. Economic development coupled with increase in per capita income and living standards will drive the regional cosmetic ingredients market share.

© 2016 Global Market Insights. All Rights Reserved Competitive Trends: Key players in cosmetic ingredients market are Callahan, Dow Chemicals, Sederma Inc., Rhodia, BASF, DuPont Tate & Lyle, Clariant, Evonik Industries, Ashland and Kovic. These companies are significantly emphasizing on research and development activities to eliminate product side effects on human body. Callahan chemical expanded its research center in South East U.S. region in Motive of expansion was to widen its global footprint and to strengthen value proposition in the U.S. to gain high revenue.

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