The "Global Cosmetic Preservatives Market Size, Trends and Growth Opportunity, By Type, By Raw Material, By Application, By Region and Forecast to 2027" report is available at ResearchAndMarkets.com. It features Ashland, BASF, Evonik, Chemipol, and other companies.
Based on the research, the market for cosmetic preservatives was valued at USD 383.17 million in 2021, and is expected to soar to USD 562 million by 2027 at a CAGR of 5.27% from 2022-2027.
Cosmetic preservatives are compounds that are added to personal care products. They are either synthetic or natural compounds that help prevent undesired chemical changes and degradation brought on by microbial development.
Most items must contain cosmetic preservatives in order to avoid product damage and unintended contamination of the cosmetic products. Preservatives are an ingredient in shampoos, conditioners, lipsticks, lotions, moisturisers, anti-aging products, and other cosmetic goods.
There are many diverse ingredients in cosmetic goods. These constituents include washing agents, distinctive perfumes, and preservatives for cosmetics. The usage of chemicals that have harmful effects is continuously being restricted by regulatory bodies. Governments have implemented strict rules and regulations surrounding the usage of natural cosmetic preservatives in the production of cosmetic products, which is forecasted to fuel the market's growth rate.
Advancements in living standards, elevated use of herbal ingredients in cosmetic products, accelerated shelf life, availability of natural and synthetic preservatives, and shifting consumer preferences toward using natural cosmetic products are some of the key factors envisaged to encourage the expansion of the cosmetic preservatives market.
Male-specific cosmetics, such as mud masks, anti-aging products, and moisturisers, are in high demand. Males in their younger years often suffer with issues including hair loss, greasy skin, acne, and wrinkles.
Applying effective natural cosmetic preservatives and being conscious of how to employ the right cosmetic preservatives will help in solving these issues. In order to boost the market for cosmetic preservatives that specifically target the male market, cosmetic manufacturing companies have profitable potential.
Synthetic cosmetic preservatives have been used in the creation of cosmetic products, and their use has negative impact. For instance, prolonged usage of hydroquinone can have adverse health consequences such as skin cancer, inflammation of the respiratory tract, and organ system toxicity. Mercury can destroy the brain, kidneys, and liver but is frequently used as a cosmetic to lightening the skin tone and reduce black spots.
Read more in this report.
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