Market Size for Cosmetics & Toiletries Chemicals Will Grow $ 8.33 Billion | 37% of the growth will come from APAC | Tecnovio

Main market dynamics:

  • Key Market Driver:
    • The growing demand for multifunctional cosmetics it should lead the global market for cosmetics and toiletries chemicals. Multifunctional cosmetics are becoming more and more popular with consumers, especially in growing economies such as India and other Southeast Asian countries such as Vietnam And Thailand, where these products are seen to offer better value for money. Due to the growing need for multifunctional cosmetics for skin and personal care, companies such as BASF and Clariant are investing heavily in research and development to find and develop multifunctional cosmetic components.
  • Key market trends:
    • The expansion of the market for chemicals for cosmetics and toiletries will be fueled greater product innovation. Significant product innovations have been produced in the areas of hair care and skin care products over the past decade. The demand for cosmetic chemicals has increased in tandem with the exponential increase in the number of cosmetic care product launches. The market is experiencing an infusion of superior quality cosmetic chemicals to meet the growing demand. To gain market share, major suppliers are developing new products.

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Cosmetics and Toiletries Chemicals Market 2021-2025: Segmentation

  • Guy
    • Chemical Cosmetics
    • Toiletries chemicals
  • Application
    • Skin care products
    • Hair care products
    • Color cosmetics
    • Perfumes And Fragrances
    • Others
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • MY

View our sample report for further insights into the contribution of all segments and regional opportunities in the report.

Key company analysis

The market for cosmetics and toiletries chemicals is fragmented and suppliers are implementing various organic and inorganic growth strategies to compete in the global men’s toiletries market. Companies are engaging in the launch of innovative products and strengthening their leadership with mergers and acquisitions of other regional players.

Some dominant companies covered in this report are: –

The report analyzes the competitive landscape of the market and offers insight into different market vendors, including:

  • AAK AB
  • Arkema SA
  • Ashland Global Holdings Inc.
  • BASF SE
  • Bayer AG
  • Dow Inc.
  • Evonik Industries AG
  • Royal Dutch Shell Plc
  • Solvay SA
  • Stepan Co.

To access more supplier profiles with their key offerings available with Technavio, click here

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Market scope of chemicals for cosmetics and toiletries

Report coverage

Details

Page number

120

Reference year

2020

Forecast period

2021-2025

Moment of growth and CAGR

Accelerate with a 6% CAGR

Market growth 2021-2025

8.33 billion dollars

Market structure

Fragmented

Year-on-year growth (%)

5.27

Regional analysis

APAC, North America, Europe, South America and MEA

Contribution of the performing market

APAC at 37%

Key consumer countries

United States, China, Germany, India and the United Kingdom

Competitive landscape

Leading companies, competitive strategies, area of ​​consumer involvement

Profiled companies

AAK AB, Arkema SA, Ashland Global Holdings Inc., BASF SE, Bayer AG, Dow Inc., Evonik Industries AG, Royal Dutch Shell Plc, Solvay SA and Stepan Co.

Market dynamics

Core Market Analysis, Market Growth Inductors and Barriers, Fast and Slow Growing Segment Analysis, COVID-19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Expertise for customization

If our report did not include the data you are looking for, you can contact our analysts and customize the segments.

Summary:

Synthesis

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: forecasts for 2020 – 2025

Five Forces Analysis

  • Summary of the five forces
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of newcomers
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market segmentation by application

  • Market segments
  • Comparison by application
  • Skin Care Products – 2020-2025 Market Sizes and Forecasts
  • Hair Care Products – Market Size and Forecast 2020-2025
  • Colored cosmetics: dimensions and forecasts of the 2020-2025 market
  • Perfumes and Fragrances – 2020-2025 Market Sizes and Forecasts
  • Others – 2020-2025 market size and forecast
  • Market opportunity by application

Market segmentation by type

  • Market segments
  • Comparison by type
  • Chemical Cosmetics: 2020-2025 Market Sizes and Forecasts
  • Toiletries Chemicals: 2020-2025 Market Sizes and Forecasts
  • Market opportunity by type

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – 2020-2025 market size and forecast
  • North America – Market size and 2020-2025 forecasts
  • Europe – Market size and 2020-2025 forecasts
  • South America – Market size and 2020-2025 forecasts
  • MEA – 2020-2025 market size and forecasts
  • Main leading countries
  • Market opportunities by geographic area
  • Market driver
  • Market challenges
  • Market trend

Seller landscape

  • Overview
  • Disturbance of the landscape

Supplier analysis

  • Covered suppliers
  • Positioning on the supplier market
  • AAK AB
  • Arkema SA
  • Ashland Global Holdings Inc.
  • BASF SE
  • Bayer AG
  • Dow Inc.
  • Evonik Industries AG
  • Royal Dutch Shell Plc
  • Solvay SA
  • Stepan Co.

Appendix

  • Scope of the report
  • Currency conversion rates per US $
  • Research methodology
  • List of abbreviations

Who we are
Technavio is a world-leading technological research and consultancy company. Their research and analysis focuses on emerging market trends and provides useful information to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library Their customer base is comprised of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base is based on Technavio’s comprehensive coverage, research in-depth analysis and on feasible market insights to identify opportunities in existing and potential markets and evaluate their competitive positions within evolving market scenarios.

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SOURCE Technavio

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