Cosmetic Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

Cosmetic Ingredients Market

The increasing awareness of clean-label cosmetic products is driving the development of eco-friendly green cosmetics. Manufacturers of cosmetic ingredients are heavily investing in new products and ingredient innovations, backed by thorough research and development, to satisfy consumer demands. The Asia Pacific region is projected to have the highest demand for organic ingredients, which will significantly boost the global cosmetic ingredients market over the next five to six years. The market is expected to grow at an impressive CAGR from 2024 to 2031.

Market Segmentation and Leading Product Types

Surfactants are versatile cosmetic ingredients available in various forms and are widely used in skincare, haircare, and men's grooming products. With the growing trend of natural and organic cosmetics in the global market, many cosmetics manufacturers are incorporating green or plant-based surfactants to achieve "clean label" status. Green surfactants derived from palm oil and coconut oil are becoming increasingly popular in the cosmetics ingredients industry, significantly boosting revenue growth in the non-ionic surfactant sub-segment.

Conditioning polymers, mainly used in hair care products such as conditioners and shampoos, are substantially contributing to the overall growth of the polymer segment. Cosmetics containing ingredients like emollients, polymers, and oleochemicals are in high demand in the European cosmetics market. Among various polymer types, conditioning polymers are expected to remain dominant throughout the forecast period, with a growth rate exceeding 5%.

Trends in the Cosmetics Ingredients Market

Surfactants are versatile cosmetic ingredients available in various forms and are widely utilized in skincare, haircare, and men's grooming products. With the growing trend of natural and organic cosmetics in the global market, many cosmetic manufacturers are adopting green or plant-based surfactants to achieve "clean label" status. Green surfactants, derived from palm oil and coconut oil, are becoming increasingly prevalent in the cosmetics ingredients industry, significantly boosting revenue growth in the non-ionic surfactant sub-segment.

Conditioning polymers, predominantly used in hair care products like conditioners and shampoos, are also contributing significantly to the overall growth of the polymer segment. Cosmetics containing ingredients such as emollients, polymers, and oleochemicals are experiencing high demand in the European market. Among various types of polymers, conditioning polymers are expected to remain dominant throughout the forecast period, with a growth rate exceeding 5%.

Preservatives and Botanical Extracts

Preservatives are expected to see significant growth rates during the forecast period due to the rising demand for UV absorbers and antioxidant-rich cosmetic products. In 2015, emollients held the second largest market share in terms of value, and their market share is anticipated to grow substantially in the coming years due to their expanding applications in skincare cosmetics. The botanical extracts segment is primarily driven by the increasing demand for essential oils in various cosmetics, including skincare, haircare, makeup, and fragrances.

Market Key Players

Key players in the Cosmetic Ingredients Market include BASF SE, Akzo Nobel N.V., Croda International Plc, The Dow Chemical Company, Eastman Chemical Company, End-use Companies, Loreal International, Unilever, The Estee Lauder Companies Inc., COTY Inc., Colgate-Palmolive Company, and others.

Cosmetic Ingredients Market Segmentation

By Product Type

Surfactant
Emollient
Polymer
Oleochemical
Botanical Extract
Rheology Modifier
Preservatives
Emulsifier and Stabilizer
Others (Vitamins, Minerals, and Protein)

By Application

Skin Care
Hair Care
Make Up
Fragrance
Oral Care
Others (Shaving Products)

By Functionality

Cleansing Agents & Foamers
Aroma
Moisturizing
Specialty
Others (Colour)

Key Regions/Countries Covered

North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan (APEJ)
Japan
The Middle East & Africa

1. Executive Summary

1.1. Global Cosmetic Ingredients Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Cosmetic Ingredients Market Outlook, 2018 - 2031

3.1. Global Cosmetic Ingredients Market Outlook, by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Natural/Herbal Ingredients
  - 3.1.1.2. Synthetic Chemical Ingredient
  - 3.1.1.3. Specialty Ingredients
  - 3.1.1.4. Others
3.2. Global Cosmetic Ingredients Market Outlook, by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Hair care
  - 3.2.1.2. Fragrance Care
  - 3.2.1.3. Skin Care
  - 3.2.1.4. Makeup
  - 3.2.1.5. Oral Care
  - 3.2.1.6. Eye Care
3.3. Global Cosmetic Ingredients Market Outlook, by Region, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Cosmetic Ingredients Market Outlook, 2018 - 2031

4.1. North America Cosmetic Ingredients Market Outlook, by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Natural/Herbal Ingredients
  - 4.1.1.2. Synthetic Chemical Ingredient
  - 4.1.1.3. Specialty Ingredients
  - 4.1.1.4. Others
4.2. North America Cosmetic Ingredients Market Outlook, by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Hair care
  - 4.2.1.2. Fragrance Care
  - 4.2.1.3. Skin Care
  - 4.2.1.4. Makeup
  - 4.2.1.5. Oral Care
  - 4.2.1.6. Eye Care
- 4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Cosmetic Ingredients Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 4.3.1.2. U.S. Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 4.3.1.3. Canada Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 4.3.1.4. Canada Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Cosmetic Ingredients Market Outlook, 2018 - 2031

5.1. Europe Cosmetic Ingredients Market Outlook, by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Natural/Herbal Ingredients
  - 5.1.1.2. Synthetic Chemical Ingredient
  - 5.1.1.3. Specialty Ingredients
  - 5.1.1.4. Others
5.2. Europe Cosmetic Ingredients Market Outlook, by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Hair care
  - 5.2.1.2. Fragrance Care
  - 5.2.1.3. Skin Care
  - 5.2.1.4. Makeup
  - 5.2.1.5. Oral Care
  - 5.2.1.6. Eye Care
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Cosmetic Ingredients Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.3.1.2. Germany Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.3.1.3. U.K. Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.3.1.4. U.K. Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.3.1.5. France Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.3.1.6. France Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.3.1.7. Italy Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.3.1.8. Italy Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.3.1.9. Turkey Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.3.1.10. Turkey Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.3.1.11. Russia Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.3.1.12. Russia Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.3.1.13. Rest of Europe Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.3.1.14. Rest of Europe Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Cosmetic Ingredients Market Outlook, 2018 - 2031

6.1. Asia Pacific Cosmetic Ingredients Market Outlook, by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Natural/Herbal Ingredients
  - 6.1.1.2. Synthetic Chemical Ingredient
  - 6.1.1.3. Specialty Ingredients
  - 6.1.1.4. Others
6.2. Asia Pacific Cosmetic Ingredients Market Outlook, by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Hair care
  - 6.2.1.2. Fragrance Care
  - 6.2.1.3. Skin Care
  - 6.2.1.4. Makeup
  - 6.2.1.5. Oral Care
  - 6.2.1.6. Eye Care
- 6.2.2. Others BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Cosmetic Ingredients Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.3.1.2. China Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.3.1.3. Japan Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.3.1.4. Japan Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.3.1.5. South Korea Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.3.1.6. South Korea Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.3.1.7. India Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.3.1.8. India Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.3.1.9. Southeast Asia Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.3.1.10. Southeast Asia Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.3.1.11. Rest of Asia Pacific Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.3.1.12. Rest of Asia Pacific Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Cosmetic Ingredients Market Outlook, 2018 - 2031

7.1. Latin America Cosmetic Ingredients Market Outlook, by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Natural/Herbal Ingredients
  - 7.1.1.2. Synthetic Chemical Ingredient
  - 7.1.1.3. Specialty Ingredients
  - 7.1.1.4. Others
7.2. Latin America Cosmetic Ingredients Market Outlook, by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Cosmetic Ingredients Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.3.1.2. Brazil Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.3.1.3. Mexico Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.3.1.4. Mexico Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.3.1.5. Argentina Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.3.1.6. Argentina Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.3.1.7. Rest of Latin America Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.3.1.8. Rest of Latin America Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Cosmetic Ingredients Market Outlook, 2018 - 2031

8.1. Middle East & Africa Cosmetic Ingredients Market Outlook, by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Natural/Herbal Ingredients
  - 8.1.1.2. Synthetic Chemical Ingredient
  - 8.1.1.3. Specialty Ingredients
  - 8.1.1.4. Others
8.2. Middle East & Africa Cosmetic Ingredients Market Outlook, by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Hair care
  - 8.2.1.2. Fragrance Care
  - 8.2.1.3. Skin Care
  - 8.2.1.4. Makeup
  - 8.2.1.5. Oral Care
  - 8.2.1.6. Eye Care
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Cosmetic Ingredients Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.3.1.2. GCC Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.3.1.3. South Africa Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.3.1.4. South Africa Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.3.1.5. Egypt Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.3.1.6. Egypt Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.3.1.7. Nigeria Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.3.1.8. Nigeria Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.3.1.9. Rest of Middle East & Africa Cosmetic Ingredients Market by Ingredient Care, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Cosmetic Ingredients Market by End Use, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Manufacturer vs by End Use Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. Ashland Global Holdings Inc.
  - 9.4.1.1.Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. BASF SE
- 9.4.3. Berkshire Hathaway Inc.
- 9.4.4. Clariant
- 9.4.5. Croda International Plc.
- 9.4.6. Dow Inc.
- 9.4.7. Evonik Industries
- 9.4.8. J.M. Huber Corporation
- 9.4.9. KCC Corporation
- 9.4.10. Solvay S.A.

10. Appendix

10.1.Research Methodology
10.2.Report Assumptions
10.3.Acronyms and Abbreviations

List of Region/Countries

North America
- U.S.
- Canada
Europe
- Germany
- U.K.
- France
- Italy
- Turkey
- Russia
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa