According to the
current analysis of Reports and Data, the global Active
Cosmetic Ingredients (ACI) Market was valued at USD
3,072.1 Million in 2018 and is expected to reach USD 5,185.7 Million by the
year 2026, at a CAGR of 6.6%. In recent years, consumers are getting more
inclined towards natural and organic cosmetics. The younger consumers are
prioritizing meaning over materialism and are demanding more authentic, transparent,
and natural ingredients.
Statistical
data indicating product consumption across all these topographies have been
cited in the report. These particulars additionally consist of a basic summary
of the corporations, company profile, and the product portfolio of the company
in focus. The report analyses the gathered information relating to the profits
accrued, sales, gross margins, price patterns, revenue and updates on the
activities of the company.
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Key
Players:
Key participants in the
market include BASF SE, Croda International, DOW Chemicals, Clariant AG,
Ashland Global Holdings, Lonza Group, Solvay S.A, Evonik Industries, Givaudan,
and Symrise AG. Croda International is a European specialty chemical company
found in 1925.
Further
key findings from the report suggest:
- UV Filters accounted for 11.9% of
the market in 2019. Increasing concerns about skin diseases and growing
awareness over the risk of skin cancer associated with overexposure to the
sun’s UV light is generating enormous opportunities for the manufacturers
to invest in this business.
- Powder ingredients are anticipated
to dominate the industry. Powder ingredients work well with young or oily
skin as they tend to adsorb oily residue. Thus, most of the oily skin
regulators formulations are formulated in powder form.
- The adoption of active ingredients
for treatment of acne is likely to increase in the forecast period. Acne
is considered to be one of the key dermatological issues faced globally.
Based on the American Academy of Dermatology, acne is among the most
common skin condition in the U.S. and affects approximately 50 million
Americans annually.
- Europe is likely to witness a
significant CAGR owing to increasing demand from countries such as France,
Germany and the U.K. According to a key German skincare brand, skincare is
more about wellness and efficacy to the Germans, and thus, they are more
focused on ingredients than just finding something considered to be luxurious
or pampering experience.
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Market
Segmenttaion:
Ingredient Outlook
(Volume, Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-2026)
- Moisturizing Agents
- Anti-Aging Agents
- UV Filters
- Exfoliating Agents
- Antimicrobial Agents
- Other Ingredients
Form Outlook (Volume,
Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-2026)
- Liquid
- Powder
- Other Forms
Source Outlook (Volume,
Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-2026)
- Natural
- Synthetic
Functionality Outlook
(Volume, Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-2026)
- Anti-ageing
- Anti-acne
- Moisturizing
- UV damage
- Skin lightening
- Others
End-Use Outlook
(Volume, Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-2026)
- Skincare
- Haircare
Distribution Channel
Outlook (Volume, Kilo Tons; 2018-2026 and Revenue, USD Million; 2018-2026)
- Online
- Offline
Regional Outlook
(Revenue in USD Million; 2016–2026)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of the Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
- Brazil
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Key Points Addressed in the Report:
·
A detailed
analysis of the global Active Cosmetic Ingredients market through assessment of
key market aspects such as technology, product type, application, end-use, and
overall industry dynamics.
·
Qualitative and
quantitative analysis of the market estimation from 2021 to 2028 and CAGR
calculation for the forecast period.
·
All-inclusive
assessment of market dynamics with emphasis on drivers, restraints,
opportunities, and limitations.
·
Extensive
profiling of key companies operating in the market including company overview,
financial standing, product offerings, product portfolio, recent product and
technological advancement, and business expansion plans.
Thank
you for reading this article. You can also get chapter-wise sections or
region-wise report coverage for North America, Europe, Asia Pacific, Latin
America, and Middle East & Africa.
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