Cosmetic Preservative Market Report

Cosmetic Preservative Market Analysis By Product (Paraben Esters, Formaldehyde Donors, Phenol Derivatives, Alcohols, Quaternary Compounds, Organic Acids), By Application (Skin & Sun Care, Hair Care, Toiletries, Fragrances & Perfumes, Makeup & Color) And Segment Forecasts To 2024

Published: June 2016  |  135 Pages  |  Format: PDF  |  Report ID: 978-1-68038-907-4

Industry Insights

The global Cosmetic Preservative Market was valued at USD 271.3 million in 2015. Growing trend of using natural cosmetic products is expected to help boost the growth of the global Cosmetic Preservative Market. The rapidly increasing demand for cosmetics in Asia Pacific is anticipated to augment market growth over the forecast period.

The use of preservatives is vital in cosmetic products to prevent damage caused by microorganisms and to avoid contamination during the utilization of the product. The increasing preference given to herbal ingredients in cosmetics is expected to boost the demand for organic preservatives over the coming years.

In 2004, a study conducted by the National Cancer Institute (NCI) claimed that parabens in underarm deodorants caused cancer, this reduced the demand for parabens in the cosmetic market. However, the NCI did not have any substantial evidence to support its claim. Therefore, the paraben preservative market is projected to grow at a significant CAGR from 2016 to 2024.

U.S. Cosmetic Preservative Market revenue by product, 2014 - 2024, (USD Million)

U.S. Cosmetic Preservative Market

Product Insights

On the basis of product, the market is divided into, paraben esters, formaldehyde donors, phenol derivatives, alcohols, quaternary compounds, and organic acids. Phenol derivatives dominated the Cosmetic Preservative Market in 2015. The increasing use of phenol derivatives, especially phenoxyethanol, in the preparation of cosmetics such as skin lightings creams & lotions, hair coloring solutions, and sunscreens is anticipated to drive the market growth from 2016 to 2024.

Increasing demand for natural ingredients in cosmetics is expected to boost the growth of organic preservatives. The demand for organic preservatives such as clove, cinnamon, tea tree, lavender, rosemary, and other essential oils & herbs are expected to grow at a high CAGR over the forecast period.

Application Insights

Skin & sunscreen is expected to dominate the cosmetic preservatives application market. It is projected to account for 40.24% of the overall demand for cosmetic preservatives. The growing awareness of the harm caused by ultra-violet rays on the skin is anticipated to boost this application segment.

Toiletries which are inclusive of soaps, face wash, shower gels, shaving creams, and bath oils, is projected to account for the second-largest application segment in 2015. Increasing awareness of personal hygiene among the Asia Pacific population is expected to spur the demand for toiletries in this region.

Regional Insights

Asia Pacific market led the global cosmetic preservatives industry with demand share exceeding 34% in 2015. Growing demand for cosmetics and increasing awareness related to personal hygiene & cleanliness is expected to boost market growth in this region. China and India are projected to experience vigorous growth followed by other South East Asian countries.

Europe is expected to account for the second-largest share of the Cosmetic Preservative Market. The Cosmetic Preservative Market in Europe is driven by the countries such as Germany, the UK, France, Italy, and Spain. Germany is projected to grow at the highest CAGR over the forecast period on account of increasing production of premium cosmetic products.

North America and Central & South America accounted for a total of 32.45% of the Cosmetic Preservative Market. The American Cosmetic Preservative Market is dominated by multinational companies such as Ashland Inc. and The Dow Chemical Company. These companies invest huge amounts in research & development activities and have a strong distribution channel which gives them a competitive edge over the market.

Competitive Insights

The Cosmetic Preservative Market is fragmented with many small manufacturers and few multinational companies that are involved in constant product innovation and research activities to boost their product offerings. Key companies operating in this industry include Ashland Inc., BASF SE, Clariant AG, The Dow Chemical Company, Lonza Group Ltd., Akema Fine Chemicals, Symrise AG, Salicylates & Chemicals Pvt. Ltd, Brenntag AG, and Chemipol.

Key questions answered by the report
Request for Customization

Choose License Type:

Single User - $4,950
Multi User - $7,950
Enterprise User - $9,950

Special Pricing & Discounts

Avail customized purchase options to meet your research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert. Request for a free product review before report purchase.

  • Custom research service

    Custom research service

    Speak to the report author to design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service excellence represented in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • BOA