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Parabens segment to drive the demand for cosmetic preservatives growth

Author : Ravi Chawat | Published Date : 2021-03-05 

Cosmetic preservatives market to register significant gains over from 2020 to 2026. The parabens segment is poised to record a CAGR of around 6.4% through 2026. Additionally, the phenol derivatives segment held over 18.3% of the overall cosmetic preservatives industry share and is slated to proliferate at a rapid pace over the forecast spell.

The global cosmetic preservatives market from the alcohols segment accounted for a market share of around 4.4% and is likely to witness a considerable surge over the projected years. Furthermore, the others segment is anticipated to register a 4.9% CAGR through 2026.

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Global cosmetic preservatives market size is anticipated to expand at an appreciable growth rate owing to the rising demand for natural beauty and skincare products.

Cosmetic preservatives consist of various key ingredients that help extend the shelf life and prevent the growth of microorganisms such as fungi and bacteria, which could potentially harm the users and spoil the products. Likewise, the preservatives in cosmetics are used to avoid product contamination during various applications including shipment, consumer use, formulation, and storage.

Rapid adoption of enhanced cosmetic products is being witnessed in the personal care industry. In fact, studies suggest that women spend over $3,000 annually on cosmetics, in the US alone. These figures, in addition to mounting implementation of preservatives to prevent different types of skin infection caused by damaged products is expected to propel the cosmetic preservatives market outlook over the estimated timeline.

In terms of segmentation by product, the global cosmetic preservatives market is categorized into natural/organic preservatives & synthetic preservatives. The synthetic preservatives segment is further sub-divided into parabens, formaldehyde releases, phenol derivatives, quaternary ammonium compounds (QAC), alcohols, and others.

By Application

  • Hair Care
  • Skin Care
  • Toiletries
  • Fragrances and Perfumes
  • Baby Products
  • Others

The natural/organic preservatives segment is further sub-categorized into organic acids, essential oils, natural antioxidants, and plant/herbal extracts. Of these, the global cosmetic preservatives market from the organic acids segment is set to exhibit a CAGR of over 7.4% through 2026. This can be attributed to the increasing awareness of the harmful effects or adverse impacts of consuming synthetic products.

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About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

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