Cosmetic Preservatives Market Analysis

Cosmetic Preservatives Market Analysis

Global natural cosmetic preservatives market is expected to surpass USD 640 million by 2028, owing to rising incorporation of natural ingredients in cosmetic formulations. Availability of natural alternatives over synthetic preservatives supported by increasing consumer awareness towards the harmful nature of chemical ingredients should have positive influence on product demand.
 

Rising concern among consumers regarding synthetic chemicals pertaining to product safety along with their carcinogenic nature has promoted use of natural & organic alternatives which may favour industry statistics. Natural preservatives ingredients generally used in cosmetic formulations include antioxidants like tocopherol & ascorbic acid, essential oils, organic acids, and plant extracts. Rising acceptance of novel ingredients along with technological advancements in natural preservatives extraction techniques should drive the product adoption.
 

Increasing consumer focus on use of clean and organic label products is anticipated to proliferate natural cosmetic preservatives industry growth. The rich composition of modern liquid cosmetic formulations is exposed to bacterial skin flora which provides them ideal environment for microbial growth. Essential oils such as thyme, neem, orange, rosemary, clove and lavender exhibit antifungal and anti-bacterial activity which helps in balancing product shelf life and prevents microbial growth.
 

Organic acids have widespread usage mainly in water-based formulations for preventing the growth of fungal microorganisms. Sorbic acid prevent and retards the growth and reproduction of microorganisms, thus protecting cosmetic and personal care products. Stringent regulatory norms pertaining to the limited use of synthetic preservatives is further anticipated to drive the natural preservatives demand.
 

Global cosmetic preservatives market from skincare applications is anticipated to surpass USD 640 million by 2028, growing at a CAGR of over 9%. Cosmetic preservatives such as parabens, organic acids, essential oils, natural antioxidants, and plant extracts are commonly used in skin care preparations. These compounds help in maintaining product stability, appearance, and quality throughout the shelf life.
 

Growing demand for functional cosmetics which include sun care and anti-ageing products should propel the industry forecasts. Antioxidants such as vitamin E, ascorbic acid, and essential oil play vital role in preventing oxidation of oil base formulations and active ingredients, thus driving product demand.
 

Increasing demand for skin care products such as body lotions, sunscreens, and moisturizers owing to rising consumer preference towards achieving youthful skin is anticipated to drive business landscape. Consumers are becoming more aware about skin protection from harmful sunrays and anti-aging skincare products which is driving the demand for skincare products. These factors are anticipated to propel product demand for skincare application thus boosting the overall market statistics.
 

Rising awareness about the benefits of using skin care products along with growing e-commerce sector should boost product demand for manufacturing of skin care products thus contributing to market expansion. Moreover, growing consumer inclination towards the purchase of cosmetic products with natural ingredients should further propel product demand for skincare application.
 

North America cosmetic preservatives market size exceeded USD 260 million in 2021 and is estimated to witness a CAGR of over 8% owing to increasing preference for vegan, natural and organic beauty products. High demand for organic beauty products to mitigate negative effects of sun, dust, harmful ingredients should boost regional demand for natural cosmetic preservatives.
 

Changing lifestyle of people along with expanding FMCG sector in North America is driving the toiletries product sales which in turn should favour overall business scenario. Growing research and development activities have led to production of variety of soaps, and other toiletries products which will fuel regional market share.

The Asia Pacific cosmetics preservatives industry is estimated to grow at over 8 % CAGR in the coming years owing to the superior demand for aromatic & natural preservatives and increasing awareness of the potential benefits of essential oils.
 

The Asia Pacific cosmetics preservatives industry is estimated to grow at over 8 % CAGR in the coming years owing to the superior demand for aromatic & natural preservatives and increasing awareness of the potential benefits of essential oils.
 

The COVID-19 pandemic has accelerated brands towards sustainable supply chains which is anticipated to boost natural cosmetic preservatives demand. However, the chemical ingredients are more cost-effective as compared to natural cosmetic preservatives which may propel the growth of synthetic cosmetic preservatives demand.