Cosmetic Ingredients Market
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Global <strong>Cosmetic</strong> <strong>Ingredients</strong> <strong>Market</strong>, 2016 - 2025<br />
The global cosmetic ingredients market was valued at US$ 14,671.2 Mn in 2015, and is<br />
expected to grow at a year-over-year rate of 4.4% to reach US$ 15,313.9 Mn in 2016. In terms<br />
of value, Western Europe dominated the global cosmetics ingredients market with 28.0 % share<br />
in 2015. Western Europe and North America collectively are expected to account for 54.1% of<br />
the total cosmetics ingredients market share in terms of revenue in 2016<br />
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Key trends in the global cosmetic ingredients market include rapid urbanisation, introduction of<br />
innovative products with more visible effects, growing disposable income, and increasing<br />
emphasis on appearance and good-looks.<br />
On the basis of product type polymer segment is expected to witness the highest growth,<br />
followed by surfactant segment. These two product type segments are anticipated to witness a<br />
year-over-year growth of 3.6% and 5.3% respectively in 2016.<br />
On the basis of application, the global cosmetics ingredients market is segmented into hair care,<br />
skin care, fragrance, make up, oral care and products including shaving kits and body hair<br />
removers. Skin care is the largest application segment, accounting for 31.6% revenue share of<br />
the market in 2016. This segment is anticipated to grow by 5.2% in 2016 to reach US$ 4,816.4<br />
Mn in revenues.<br />
By functionality, the cosmetics ingredients market is segmented into foamers & cleansing agent,<br />
moisturising, fragrance, toners and colouring agents. Amongst these segments, moisturising is<br />
the largest segment in terms of revenue, accounting for 25.1% share in 2015. This segment is<br />
anticipated to witness a year—over-year growth of 4.8% in 2016 to reach US$ 3,856.4 Mn.<br />
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Regionally, Western Europe will continue to remain the largest market for cosmetic ingredients<br />
in 2016. The market in the Western Europe is expected to grow by 3.8% in 2016 to reach US$<br />
4,256.9 Mn in revenues. The key factors fuelling the market in the region include increasing<br />
demand for skin care and hair care ingredients such as surfactant t, emollient, polymer –<br />
particularly specialty cosmetic ingredients such as antimicrobial and UV absorber. Other trends<br />
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