PUBLISHER: Grand View Research | PRODUCT CODE: 1571454
PUBLISHER: Grand View Research | PRODUCT CODE: 1571454
The global anti-pollution skincare products market size is anticipated to reach USD 19.15 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 7.1% from 2024 to 2030. High pollution levels caused due to rapid urbanization as well as industrialization and rising cases of skin diseases, such as acne, hives, and eczema, are expected to be the key factors augmenting the market growth.In addition, significant rise in the number of vehicles adds to air pollution. According to the WHO, the global air pollution has increased by 8% since 2016. In addition, increasing cases of premature skin aging is driving the demand for skincare products, thereby supporting the market growth. Shifting preferences for natural and organic cosmetics coupled with increasing usage of vegan and environmentally safe products are expected to fuel the demand further.
Rising environmental concerns and chemical bound allergies due to synthetic cosmetics act as key drivers for the market growth. Companies are focusing on technological and product innovations, which is also contributing to the market development. For instance, in May 2019, Golde, a manufacturer of natural health & beauty products, launched Golde Clean Greens Anti-Pollution Face Mask.The product includes chlorella, spirulina, chlorophyll, and mango juice that help fight off pollution and supply oxygen to the skin. In addition, in February 2018, Clariant International Ltd. relaunched RedSnow, an innovative skin defender against pollution and ageing. Moreover, rising awareness about the impact of environmental factors is likely to boost the product demand.