Home > Chemicals & Materials > Personal Care and Cosmetics > Cosmetic Preservatives Market
Cosmetic Preservatives Market Size
- Report ID: GMI1279
- Published Date: Mar 2022
- Report Format: PDF
Cosmetic Preservatives Market Size
Cosmetic preservatives market size exceeded USD 980 million, in 2021 and is estimated to grow at over 8% CAGR between 2022 and 2028. Rise in demand for premium cosmetics has led to incorporation of sophisticated preservatives which should contribute towards the overall market growth.
Cosmetic preservatives are used to prevent variations and decay caused by microorganisms and contamination during formulation, shipment, storage, or consumer use. Antioxidants can also be used to protect cosmetic alteration caused by exposure to oxygen. Cosmetic preservatives are available in natural and synthetic products.
Microorganisms grow in water and tend to spoil cosmetic products, but natural ingredients such as organic acid prevent their growth. The organic acids such as acetic, ascorbic, and malic acid are used to inhibit the growth of micro-organisms and prevents decay of the cosmetic products. Synthetic preservatives are highly effective against a large microbial spectrum along with its effectiveness in oil based and water-based formulations.
| Report Attribute | Details |
|---|---|
| Base Year: | 2021 |
| Cosmetic Preservatives Market Size in 2021: | 983.93 Million (USD) |
| Forecast Period: | 2022 to 2028 |
| Forecast Period 2022 to 2028 CAGR: | 8% |
| 2028 Value Projection: | 1.65 Billion (USD) |
| Historical Data for: | 2017 to 2028 |
| No. of Pages: | 280 |
| Tables, Charts & Figures: | 328 |
| Segments covered: | Product, Application |
| Growth Drivers: |
|
| Pitfalls & Challenges: |
|
Growing incorporation of preservatives in cosmetic for upgrading quality of a product is likely to drive cosmetic preservative market statistics. Rise in demand for multifunctional cosmetics has led to incorporation of sophisticated preservatives which may favour the market size. Supporting government policies is likely to act as effective tool to educate consumer pertaining to preservatives content and their benefits thereby increasing consumer adoption.
Increasing consumer awareness and inclination towards cosmetic preservatives owing to its ability to safeguard the cosmetics for a longer time may positively influence product demand. Easy availability of natural and synthetic cosmetic preservatives should boost product demand. Increasing product adoption in hair care owing to various benefits such as maintaining product freshness during the long span between the time of manufacture and the time the customer finishes using the product may contribute towards industry expansion.
Frequently Asked Questions (FAQ) :
Cosmetic Preservatives Market Scope
