Cosmetic Preservative Market with Current Trends Analysis -2024

The increasing demand for natural preservatives such as thyme, clove, cinnamon and tea tree coupled with growing awareness for personal hygiene are some of the major factors that augment the growth of the Cosmetic Preservative Market.

The Global Cosmetic Preservative Market is expected to reach USD 458.8 million by 2024, according to a new report by Grand View Research, Inc.

The multiplying demand for sunscreens, lotions, and anti-ageing creams in Asia Pacific is also anticipated to positively impact the demand growth over the forecast period. Growing demand for herbal & natural ingredients in cosmetics is expected to drive the demand for organic preservatives.

Cosmetic preservatives demand in toiletries is also expected to witness significant growth over the forecast period. Rising standard of living particularly in Asia Pacific has prompted the demand for toiletries in the recent past which is expected to propel the demand for cosmetic preservatives in this segment.

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New product formulations and demand for herbal & organic ingredients in cosmetics is expected to drive the regional market over the forecast period. Rising economic standards and growing awareness about personal grooming and hygiene are also anticipated to boost the cosmetics market growth which will, in turn, have a positive impact on the global Cosmetic Preservative Market.

Top Players of Cosmetic Preservative Market:

Some leading companies operating in the global cosmetic preservatives market include Lonza Group, The Dow Chemical Company, Ashland Inc., Symrise AG, BASF SE, Clariant AG, Akema Fine Chemicals, Brenntag AG, and Chemipol.

Market Segmentation of Cosmetic Preservative Market:

The Global Cosmetic Preservatives Market Segmented on the basis of Product and Application.

By Product:

    Paraben esters
    Formaldehyde donors
    Phenol derivatives
    Alcohols
    Quaternary compounds
    Organic acids

By Application:

    Skin & sun care
    Hair care
    Toiletries
    Fragrances & perfumes
    Makeup & colour

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