Active Cosmetic Active Cosmetic Ingredients Market To Ingredients Market To Reach USD 5,185.7 Million Reach USD 5,185.7 Million By 2026 By 2026
Market Summary Increasing adoption of marine-based ingredients, shift towards natural ingredients, and increase in product launches by market players are key factors contributing to high CAGR of Active Cosmetic Ingredients during the forecast period. Market Size – USD 3,072.1 Million in 2018, Market Growth - CAGR of 6.6%, Market Trends – Availability of a wide range of products. According to the current analysis of Reports and Data, the global Active Cosmetic Ingredients (ACI) market was valued at USD 3,072.1 Million in 2018 and is expected to reach USD 5,185.7 Million by the year 2026, at a CAGR of 6.6%. In recent years, consumers are getting more inclined towards natural and organic cosmetics. The younger consumers are prioritizing meaning over materialism and are demanding more authentic, transparent, and natural ingredients. In the case of ACI market, plant-based or bio-active ingredients have witnessed a rapid demand and adoption. Moreover, with the increase in demand for cosmetic, there has been an increase in product launches by companies operating in the industry. The companies have been launching products and are collaborating with other players to expand their presence globally. For instance, In November 2019, Clariant AG partnered with Plant Advanced Technologies to develop powerful plant-based active ingredients for cosmetics.
Market Summary Further key findings from the report suggest • UV Filters accounted for 11.9% of the market in 2019. Increasing concerns about skin diseases and growing awareness over the risk of skin cancer associated with overexposure to the sun’s UV light is generating enormous opportunities for the manufacturers to invest in this business. Europe is likely to witness a significant CAGR owing to increasing demand from countries such as France, Germany and the U.K. According to a key German skincare brand, skincare is more about wellness and efficacy to the Germans, and thus, they are more focused on ingredients than just finding something considered to be luxurious or pampering experience. Thus, a large share of the German skincare is built upon a stripped back routine of cleansing, toning and moisturizing that supports the skin’s natural renewal process. Similarly, in France, trends such as achieving radiant skin free from imperfections are prevalent. Thus, the market for active ingredients is forecasted to grow in the region. Powder ingredients are anticipated to dominate the industry. Powder ingredients work well with young or oily skin as they tend to adsorb oily residue. Thus, most of the oily skin regulators formulations are formulated in powder form. For instance, activated charcoal powder is a highly adsorptive component with multiple nano pores allowing it to adsorb impurities and oil present in the skin and hair. • • Avail the inside scoop of the Sample report @ https://www.reportsanddata.com/sample-enquiry-form/2352
Market Summary Key players BASF SE, Croda International, DOW Chemicals, Clariant AG, Ashland Global Holdings, Lonza Group, Solvay S.A, Evonik Industries, Givaudan, and Symrise AG. Segmentation: For the purpose of this study, Reports and Data have segmented the Active Cosmetic Ingredients market on the basis of ingredient, form, source, functionality, end-use, distribution channel, and region: Ingredient Outlook (Volume, Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-2026) • Moisturizing Agents • Anti-Aging Agents • UV Filters • Exfoliating Agents • Antimicrobial Agents • Other Ingredients Form Outlook (Volume, Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-2026) • Liquid • Powder • Other Forms
Market Market Summary Summary Source Outlook (Volume, Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-2026) • Natural • Synthetic Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026) • North America • Europe • Asia Pacific • MEA • Latin America Buy Now: https://www.reportsanddata.com/checkout-form/2352
About US About US Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: email@example.com