Cosmetic Preservatives Market Share 2020, Research by Business Opportunities, Top Manufacturers and Global Forecast to 2025

Global Cosmetic Preservatives Market is valued at USD 323.21 Million in 2019 and expected to reach USD 502.88 Million by 2025 with the CAGR of 6.53% over the forecast period.

Increasing demand for health-based natural skincare products, rising product development, surging investments in research and development for paraben free organic preservatives are the major factors for driving the growth of Global Cosmetic Preservatives Market.

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Scope of Global Cosmetic Preservatives Market Report-

Cosmetic Preservatives can be defined as any substance specifically or primarily designed to inhibit the growth of microorganisms in cosmetics. Preservatives help preserve formulations and ensure the durability of cosmetics. They are essential for formulations containing water. In fact, the presence of water in the formulation creates a favorable environment for microbial Growth.

Cosmetic Preservatives Market report covers major key players in the market like

Ashland Inc., Struchem Co. Ltd., Lonza Group Ltd., Clariant AG, Symrise AG, The Dow Chemical Company, Finetech Industry Ltd., AE Chemie Inc., Penta Manufacturing Company, Others

The use of preservatives in cosmetics is essential to prevent microbial changes and contamination during formulation, transport, storage or use by consumers. Antioxidants can also be used to protect against changes caused by exposure to oxygen. The use of synthetic preservatives allows you to fully understand the safety and toxicity of this ingredient. Synthetic preservatives at low concentrations can effectively preserve the product. In addition, synthetic preservatives have a broad spectrum of activity against bacteria and fungi. In addition, they are more affordable than natural preservatives.

Cosmetic preservatives may act as antioxidants, stabilizers and antibacterial agents. Cosmetics are made from biodegradable elements and will deteriorate due to the types of microorganisms. Due to the presence of water, cosmetics can cause decomposition after prolonged storage and can cause changes in color, viscosity and odor. First, cosmetic preservatives are added to the product to inhibit the growth of microorganisms. These can be used to formulate sunscreens, scrubs, masks, lotions and many other cosmetics. There are various preservatives on the market, such as wet wipes, rinse agents and leave-in agents. Leave-in products include deodorants, creams and body lotions. The wipes include baby wipes and wipes. Rinsing products include soap and shampoo.

The regions covered in this Cosmetic Preservatives market report are North America, Europe, Asia Pacific and rest of the World. On the basis of country level, market is subdivided into U.S., Mexico, Canada, U.K., Germany, France, Italy, China, Japan, South East Asia, Africa, etc.

Global Cosmetic Preservatives Market Dynamics-

Increasing demand for health-based natural skincare products, rising product development, surging investments in research and development for paraben free organic preservatives and surging worldwide consumption of facial masks, creams and hair gels are the major factors for driving the growth of Global Cosmetic Preservatives Market. As per the statistics from Cosmetics Info, around 87% of customers believe that products catering protection against microorganism growth is a strong point for them to make a purchase and 69% of them believe that cosmetics are safe to use with preservatives. Moreover, increasing disposable income of people in developing countries that, in turn, raised expenditure capacity, global consciousness about health and personal grooming, are other major factors that drive people to adopt cosmetic preservatives and propel the market growth.

However, increasing concern about the health implications possessed by the preservatives incorporating paraben and high prices of herbal cosmetic products are some of the factors that may hamper the growth of the market.

Global Cosmetic Preservatives Market Segmentation: –

By Type: Formaldehydes, Paraben products, Alcohols, Organic acids, Phenol derivatives, Quaternary compounds

By Application: Sunscreens, Lotions, Creams, Gels, Shampoos, Conditioners, Mouthwash, Toothpaste, Soaps, Cleansers

North America is expected to remain a dominant region in the Global Cosmetic Preservatives Market.

North America is expected to dominate the market of Global Cosmetic Preservatives. This is mainly due to the rising demand for cosmetic products, rising awareness towards purity of beauty products, personal care and hygiene. Additionally, there are several developed countries in the region where there is a urbanized lifestyle, and higher status of living of people with high disposable incomes. There is also a huge demand for paraben free natural products for skincare and haircare, which is the primary factors for the region holding a dominance in cosmetic preservatives market. There are around 12,500 unique chemical approved ingredients for cosmetics in US alone. Also, on an average, a woman in US uses 9 to 15 personal care cosmetic products per day.

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