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Cosmetic Ingredients Market Anticipated to Witness Healthy CAGR over 2018-2024

Cosmetic ingredients market is segmented based on products into functional, aesthetics, experimental, dilutes, stabilizers, adjustment agent, production aid and claims.

 

Sellbyville, DE -- (SBWIRE) -- 05/01/2019 -- Global Cosmetic Ingredients Market Report provides complete industry analysis, market outlook, size, growth, opportunities and forecast 2024. This report will assist in analyzing the current and future business trends, sales and revenue forecast. It provides top manufacturers information along with manufacturing cost analysis, industrial chain, sourcing strategy and growth.

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.

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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.

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.

Cosmetic ingredients market is segmented based on products into functional, aesthetics, experimental, dilutes, stabilizers, adjustment agent, production aid and claims. End users include personal care industry. Various application of element are moisturizers, conditioning agents, make ups, thickeners, colorants, mineral oils, talc, emulsifiers and botanicals.

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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.

Iranian women are amongst the largest beautification component users in the world. Changing lifestyle, rising disposable income and urge for personal beautification are factors propelling product demand. Over 25% of girls aged between 15 and 19 follow beautification techniques of international celebrities from T.V. shows Growing westernization and modern thinking will stimulate cosmetic ingredients market size in the country.

Key players in cosmetic ingredients market are Callahan, Dow Chemicals, Sederma Inc., Rhodia, BASF, DuPont Tate & Lyle, Clariant, Evonik Industries, Ashland and Kovic.

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