+1-888-308-5802     
News Contact Us

Alpha Hydroxy Acid Market Size in the North America to grow at 12% CAGR up to 2024

Author : Ronak Bora | Published Date : 2019-08-07 

North America alpha hydroxy acid market will observe over 12% CAGR up to 2024. Changing consumer preference for effective and sustainable beauty products will propel alpha hydroxy acid market growth. Presence of key industry manufacturers along with increasing R&D on product innovation will support product penetration.

Asia Pacific alpha hydroxy acid market is set to surpass USD 950 million by 2024. Supportive socio-economic norms in India, China, Australia and Japan will promote industry growth. As per industry estimates, regional cosmetics industry was worth over USD 100 billion in 2016, and is expected to exceed USD 125 billion by 2020.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/1792

The presence of a stringent regulatory landscape is undeniably one of the pivotal factors driving alpha hydroxy acid market. Strategic initiatives undertaken by authorized bodies form an essential crux of AHA industry growth, given that the product may have adverse effects when deployed in excess. The U.S. Food and Drug Administration (FDA), for instance, in 2005, circulated essential guidelines for cosmetic producers using alpha hydroxy acids in their products as a main ingredient.

In a bid to promote safe usage of cosmetic products, the FDA has also recommended few guidelines for consumers and manufacturers as follows,

  • The PH of final product should be greater than or equal to 3.5
     
  • The final product must be formulated to protect the skin from sun sensitivity.
     
  • The concentration of AHA must be equal to or less than 10%

The deployment of abovementioned directives has positively impacted the alpha hydroxy acid industry share. As per estimates, in 2016, alpha hydroxy acid market generated a revenue of USD 1.5 billion.

The robust demand for AHA cosmetics can be principally credited to its noteworthy benefits, which have a key role to play in impelling alpha hydroxy acid market outlook. Some of these transformative benefits have been outlined below:

  • Skin Lightening Effects: Alpha hydroxy acids help reduce skin discoloration and hyperpigmentation generated on face due to scars, sun damage, and other health issues, thereby improving facial appearance. The rising awareness among consumers regarding their personal looks will consequently stimulate alpha hydroxy acid market trends in the ensuing years.

 

  • Fewer Wrinkles: The University of Maryland Medical Center has discovered that AHA is endowed with the capability to minimize wrinkles and surface lines on face, in addition to removing the damaged skin layer of skin and allowing cell regrowth. This would substantially augment product demand and sales, thereby stimulating AHA market size.

Considering the rapidly increasing demand for skin care and cosmetic products, the renowned giants in alpha hydroxy acid (AHA) market such as Mehul Dye Chem Industries, Airedale Chemical Company, Dupont, Dow chemical, H Plus Ltd., Crosschem, Parchem, and Ava Chemicals are focusing on the development of a rather novel product range.

Glimpse of Table of Content (ToC)

Chapter 5. Alpha Hydroxy Acid (AHA) Market, By Application

5.1. Global alpha hydroxy acid market share by application, 2016 & 2024

5.2. Cosmetics

5.2.1.   Market estimates and forecast, 2013 - 2024

5.2.2.   Market estimates and forecast, by region, 2013–2024

5.2.3.   Skin care

5.2.3.1.   Market estimates and forecast, 2013 - 2024

5.2.3.2.   Market estimates and forecast, by region, 2013 – 2024

5.2.4.   Hair care

5.2.4.1.   Market estimates and forecast, 2013 - 2024

5.2.4.2.   Market estimates and forecast, by region, 2013–2024

5.2.5.   Make up

5.2.5.1.   Market estimates and forecast, 2013 - 2024

5.2.5.2.   Market estimates and forecast, by region, 2013–2024

5.2.6.   Fragrances

5.2.6.1.   Market estimates and forecast, 2013 - 2024

5.2.6.2.   Market estimates and forecast, by region, 2013–2024

5.2.7.   Others (Hygiene products)

5.2.7.1.   Market estimates and forecast, 2013 - 2024

5.2.7.2.   Market estimates and forecast, by region, 2013–2024

5.3. Dermal

5.3.1.   Market estimates and forecast, 2013 - 2024

5.3.2.   Market estimates and forecast, by region, 2013–2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/alpha-hydroxy-acid-aha-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

Related News

Fragrance Ingredients Market to cross 1.5 million tons consumption by 2024

Published Date: 2019-12-02         Author: Ronak Bora

Fragrance Ingredients Market growth will be driven by rising demand for beauty products along with increasing number of working women populations. These ingredients are added to products in order to give pleasant aroma. Growing purchaser expenditure on beautification along with increasing aging popu... Read More

Ammonium Nitrate Market is projected to showcase significant growth from agriculture sector over 2019-2025

Published Date: 2019-12-02         Author: Ronak Bora

Ammonium Nitrate Market growth is propelled by increasing usage of fertilizers in agriculture to keep the soil healthy and nutrients rich in order to feed the growing population. Advanced agricultural technologies such as efficient fertilization methods are certainly required to meet the global dema... Read More

Lubricants Market Outlook – The fluids sector has been stimulating the global industry

Published Date: 2019-12-02         Author: Ronak Bora

Lubricants Market size in the fluids sector is likely to rise with a CAGR of 8.6% over the coming years. These process oils have a wide utility in technical and chemical sectors for lubrication. Booming demand of chemicals especially in Asia Pacific region is likely to increase the productivity of f... Read More

© 2019 Fractovia. All Rights Reserved