Demand for Natural Cosmetic Preservatives is Expected to Rise across Europe and East Asia – Exclusive Report by Fact.MR

The impact of the COVID-19 outbreak has compelled several manufacturers and industries to rethink their operations to gradually recover from the losses incurred for years to come. The organic chemicals industry suffered a huge setback due to halted production and a limited supply of raw materials.

The report offers actionable and valuable insights on the Natural Cosmetic Preservatives market. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Natural Cosmetic Preservatives across various industries and regions.

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The recent study by Fact.MR on personal care and cosmetic preservatives market offers a 10-year forecast between 2019 and 2029. The study analyzes crucial trends that are currently determining the growth of personal care and cosmetic preservatives market.

This report explicates on vital dynamics such as the drivers, restraints and opportunities for key market players along with key stakeholders as well as emerging players associated with the manufacturing of personal care and cosmetic preservatives. The study also provides dynamics that are responsible for influencing the future status of the personal care and cosmetic preservatives market over the forecast period.

Globally, consumption of personal care and cosmetic products decreased due to the COVID-19 pandemic in 2020. The market primarily depends on demand from personal care and cosmetic product manufacturers, and with sale of cosmetic and personal products hit, demand for cosmetic preservatives also went down in 2020.

Personal Care and Cosmetic Preservatives Market Size (2020) US$ 345 Mn
Forecasted Market Value (2031) US$ 430 Mn
Global Market Growth Rate (2021 to 2031) 5.8% CAGR
Share of Tier-1 Market Players 65%

Personal care and cosmetic preservatives market regional analysis by Fact.MR

A detailed assessment of personal care and cosmetic preservatives market value chain analysis, business execution, and supply chain analysis across the regional markets has been covered in the report. A list of prominent companies operating in the personal care and cosmetic preservatives market along with their product portfolio enhances the reliability of this comprehensive research study.

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Key Segments Covered in Personal Care and Cosmetic Preservatives Industry Survey

  • By Source

    • Natural Personal Care and Cosmetic Preservatives
    • Synthetic Personal Care and Cosmetic Preservatives
  • By Chemical Type

    • Benzoic Acid
    • Benzyl Alcohol
    • Ethyl Lauroyl Arginate
    • MIT/MICT
    • Parabens
    • Phenoxyethanol
    • Others
  • By Application

  • Rinse Off

    • Shampoos
    • Conditioners
    • Body Washes
    • Liquid Soaps
    • Others
    • Leave On
      • Creams and Lotions
      • Wipes
      • Color Cosmetics
      • Sunscreens
      • Hair Gels and Mousses
    • Leave-in Conditioners
    • Others

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Key Takeaways from Market Study

  • Global personal care and cosmetic preservatives market expected to grow 1.3X in market value, creating an absolute $ opportunity of around US$ 158 Mn by 2031.
  • In terms of value, natural source preservatives expected to register CAGR of 4.7% over forecast period.
  • Among the chemical types, benzoic acid and benzyl alcohol expected to grow 1.9X and 1.7X, respectively, and create absolute $ opportunity of around US$ 42 Mn and US$ 31 Mn, respectively
  • Parabens chemical type anticipated to grow at a significant pace over forecast period and gain 98 BPS by 2031.
  • East Asia market witnessing highest consumption and expected to expand at 6.7% CAGR through 2031.

“Increasing demand from niche applications such as wet wipes, baby wipes, and male grooming products are set to augment personal care and cosmetic preservative demand,” says a Fact.MR analyst.

Winning Strategy

The personal care and cosmetic preservatives market is moderately consolidated in nature, in which, DuPont, Lonza Group Ltd, Clariant AG, Schülke & Mayr GmbH, Ashland, Akema Fine Chemicals, and Lanxess AG accounted for over one-third market share in 2020.

With tightening legislations on chemicals used in cosmetic products, prominent companies have launched a range of natural products to meet global demand for personal care and cosmetic preservatives.

  • For instance, Dow and Lanxess modified their product portfolio to align with government norms and maintain their sales in the market.

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Report Benefits & Key Questions Answered

  • Natural Cosmetic Preservatives Company & brand share analysis: The report offers brand-share analysis on Natural Cosmetic Preservatives market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
  • Natural Cosmetic Preservatives Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
  • Natural Cosmetic Preservatives Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
  • Natural Cosmetic Preservatives Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
  • Natural Cosmetic Preservatives Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
  • Post COVID consumer spending on Natural Cosmetic Preservatives: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Natural Cosmetic Preservatives sales.

More Valuable Insights on Natural Cosmetic Preservatives Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Natural Cosmetic Preservatives, Sales and Demand of Natural Cosmetic Preservatives, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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