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China Cosmetics Preservative Market to hit $10 Bn by 2024

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

China cosmetics preservative market from phenol derivatives is projected to surpass USD 10 million by 2024. They are used in beauty products owing to their effectiveness against numerous microbe. Phenoxyethanol phenol derivatives is a glycol ether, which is used as preservatives and is an alternative to parabens, which is anticipated to stimulate product demand. Growing demand for phenol derivative as a stabilizing agent in creams, shampoos, perfumes and ointments is projected to further drive the overall cosmetics preservative market growth.

U.S. cosmetics preservative market from haircare applications may witness gains at over 7% by 2024. Hair care products comprises of liquids including floral water, aloe vera and hydrosol where these liquids are ideal for microbial growth. Preservative plays vital role to prevent these microbes growth, thus driving product demand in this region.

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Italy cosmetics preservative market from skin care applications may witness gains at over 8% in the predicted timeframe, owing to upgradation in lifestyles of the individuals, which is positively affecting personal care market demand. Growing demand for skin care products including scrubs, lotions, sunscreens and facemasks, which extensively use preservatives is likely to boost industry growth by 2024.

UK cosmetics preservative market from toiletries application is poised to witness gains of over 7.5% by 2024. Toiletries can become polluted and contaminated which can lead to product decay, infection and irritation. Bacterial adulteration of products can cause problems on the skin, preservatives help prevent such problems, thereby fueling product demand.

Changing trends in the beauty industry are also boosting cosmetic sales which in turn is adding momentum to the cosmetics preservative market. The cosmetics industry has greatly benefitted from social media channels such as Instagram and YouTube that have been highly influential in closing the gap between cosmetic brands and consumers and creating demand for beauty products. The effect of social media on cosmetics preservative industry trends is possibly the most evident in the success of reality TV personality Kylie Jenner who built a $900 million cosmetics empire by leveraging her 112 million followership on Instagram.

Beauty tutorials on YouTube that make beauty with the use of cosmetics easy to achieve for everyone have lent a significant to cosmetics sales as particular beauty products can be now highlighted for the specific merits that they can add to one’s beauty regime. Independent content creators and beauty vloggers have been estimated to generate 97.4% of conversations regarding beauty products and have been much more effective in selling products than conventional advertising and promotions. With the rising expansion of the cosmetics industry, cosmetics preservative market is gaining major traction as well.

Browse key industry insights spread across 250 pages with 286 market data tables & 26 figures & charts from the report, “Cosmetics Preservative Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/cosmetics-preservative-market

Another factor driving the cosmetics preservative industry growth is the millennial generation who are attuned to rediscovering products that have been around for quite sometime but have somewhat lost their demand. One example is the Double Wear foundation by Estée Lauder that had been launched three decades ago but has recently witnessed a double-digit growth rate as the younger generation has rediscovered its usability. The generation is also driven by the trend of presenting oneself to be as appealing as possible on social media, aiding the sales of skin care products like masks.

Global cosmetics preservative market share is competitive as well as moderately consolidated among several participants including Clariant, Symrise AG, Dow Chemicals, Ashland, BASF SE, Lonza Group, Brenntag AG, Chemipol and Evonik. Manufacturers are extensively stressing on research and development doings to eradicate product side effects on consumer, with primary importance is given to natural and organic skin care product to fulfill consumer demand.

Glimpse of Table of Content (ToC)

Chapter 4    Cosmetics preservative Market, By Product

4.1    Key product trends

4.2    Natural/organic preservatives

4.2.1    Global natural/organic cosmetics preservative market, 2013 – 2024

4.2.2    Global natural/organic preservatives market, by region, 2013 - 2024, (Kilo tons) (USD Million)

4.2.3    Organic acids

4.2.3.1    Global organic acid cosmetics preservative market, 2013 – 2024

4.2.4    Global organic acid preservatives market, by region, 2013 - 2024, (Kilo tons) (USD Million)

4.2.5    Natural antioxidants

4.2.5.1    Global natural antioxidants market, 2013 – 2024

4.2.6    Global natural antioxidants market, by region, 2013 - 2024, (Kilo tons) (USD Million)

4.2.7    Essential oils

4.2.7.1    Global essential oil market, 2013 – 2024

4.2.8    Global essential oil market, by region, 2013 - 2024, (Kilo tons) (USD Million)

4.2.9    Plant/herbal extracts

4.2.9.1    Global plant/herbal extracts market, 2013 – 2024

4.2.10    Global plant/herbal extracts market, by region, 2013 - 2024, (Kilo tons) (USD Million)

4.3    Synthetic preservatives

4.3.1    Global synthetic cosmetics preservative market, 2013 – 2024

4.3.2    Global synthetic cosmetics preservative market, by region, 2013 - 2024, (Kilo tons) (USD Million)

4.3.3    Parabens

4.3.3.1    Global parabens preservatives market, 2013 – 2024

4.3.3.2    Global parabens market, by region, 2013 - 2024, (Kilo tons) (USD Million)

4.3.4    Formaldehyde releasers

4.3.4.1    Global formaldehyde releasers market, 2013 – 2024

4.3.4.2    Global formaldehyde releasers market, by region, 2013 - 2024, (Kilo tons) (USD Million)

4.3.5    Phenol derivatives

4.3.5.1    Global phenol derivatives market, 2013 – 2024

4.3.5.2    Global phenol derivatives market, by region, 2013 - 2024, (Kilo tons) (USD Million)

4.3.6    Quaternary ammonium compounds (QAC)

4.3.6.1    Global QAC market, 2013 – 2024

4.3.6.2    Global QAC market, by region, 2013 - 2024, (Kilo tons) (USD Million)

4.3.7    Alcohols

4.3.7.1    Global alcohols market, 2013 – 2024

4.3.7.2    Global alcohols market, by region, 2013 - 2024, (Kilo tons) (USD Million)

4.3.8    Others

4.3.8.1    Global alcohols market, 2013 – 2024

4.3.8.2    Global alcohols market, by region, 2013 - 2024, (Kilo tons) (USD Million)

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/cosmetics-preservative-market

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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

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