05 - 06 June 2024 in Munich CosmeticBusiness



02/09/2022 CosmeticBusiness

Cosmetics Ingredients Market is Growing

Asia-Pacific Becomes the Key Growth Region

According to a new research report of Technavio, the cosmetic ingredients market share is set to grow up to 3.98 billion US-dollars, accelerating at a CAGR of 7 per cent between 2021 and 2025. 40 per cent of the growth will originate from the Asia Pacific region. The growing demand for natural and organic cosmetic ingredients will drive this development, the analysts report. In addition, they see the growing prominence of clean labelling in cosmetic formulations as one of the major trends in this segment, which also contributes to the market value. However, the stringent regulations reportedly may hamper the market growth. Further information …

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