Q. Cosmetic Preservatives Market Forecast and Opportunity Assessment till 2028?

Cosmetic Preservatives Market Forecast and Opportunity Assessment till 2028?

Stratview Research has published a new report titled “Cosmetic Preservatives Market” which is segmented by Product Type (Natural/Organic Preservatives [Organic Acid, Natural Antioxidants, Essential Oils, and Plant/Herbal Extracts] and Synthetic Preservatives [Parabens, Formaldehyde Releasers, Phenol Derivatives, Quaternary Ammonium Compounds, Alcohols, and Others]), by Application Type (Hair Care, Skin Care, Toiletries, Fragrance & Perfumes, Baby Products, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

As per the study, the Cosmetic Preservatives Market is estimated to grow from US$ 430.5 Million in 2022 to US$ 632.28 Million by 2028 at a CAGR of 6.61% during the forecast period of 2022-2028.
A Cosmetic Preservative is a substance or a chemical that is added to cosmetic products to prevent decomposition by microbial growth or unwanted chemical changes.

Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the industry’s market dynamics. It thoroughly analyzes the market segments, including products, applications, and competitor analysis.

The market is bifurcated into various segments. Below given is the segment-wise analysis -
By Product Type
Natural Preservatives are estimated to dominate the market.
The market is segmented into natural/organic preservatives and synthetic preservatives. This segment is driven due to rising concerns about chemicals in synthetic preservatives coupled with safety purposes, and the shifting preference of consumers toward natural cosmetic products.

By Application Type
Skin Care Application is expected to account for the largest share of the market and is growing at a CAGR of more than 8.5% during 2022-28.
The market is segmented as hair care, skincare, toiletries, fragrances & and perfumes, body care, and others. The segment is driven due to its wide utilization and suitable results, further, rising awareness regarding safe and natural products is expected to fuel the overall industry growth during the forecast period.

Which Region is expected to remain the largest market?
Asia-Pacific is estimated to be the leading region in the cosmetic preservatives market.
The region is the largest market for skin care products and the growing cosmetic industry in the region. Also, North America and Europe are expected to offer substantial growth opportunities over the forecast period.

Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market.
The following are the key players acting in the Cosmetic Preservatives Market:
• Akema Fine Chemicals
• Ashland
• Chemipol S.A.
• Clariant AG
• Lonza Group
• Sharon Laboratories
• Symrise AG
• The Dow Chemical Company
• Thor Group Ltd.

Key questions answered by the report.
• What is the projected CAGR for revenue from the Cosmetic Preservatives Market during the forecast period?
• What would the market be valued at by 2028?
• What is a major driving factor for the growth of the market?
• Which region accounted for the largest revenue share in the Cosmetic Preservatives Market?
• Which are the major market players?

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About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients insightful market data to aid strategic decision-making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.

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Sep, 2023

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