AMERICA’S FUNCTIONAL COSMETICS AND SKIN CARE INGREDIENTS MARKET ANALYSIS

America’s Functional Cosmetics and Skin Care Ingredients Market, By Product Type (Cosmetic, Skin Care, Eye Care, Foot Care), By Ingredients Type (Vitamin E, Vitamin C, Hyaluronic Acid, Salicylic Acid, Glycolic Acid, Others), By Geography (North America, South America), By Distribution Channel (Supermarkets/Hypermarkets, Specialist Retailers, Drugstores/Pharmacies, Department Stores, Internet Retailing, Others) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Jul 2022
Code : CMI5084
Pages :118
Formats :
Excel and PDF
Industry : Cosmetic Ingredients

America’s Functional Cosmetics and Skin Care Ingredients MarketSize and Trends

Market Statistics:

The Americas functional cosmetics & skin care ingredients market was valued at US$ 53,492.15 Mn in 2021 and is forecast to reach a value of US$ 67,450.00Mn by 2030 at a CAGR of 3.36% between 2022 and 2030.

Figure 1. America’s Functional Cosmetics & Skin Care Ingredients Market Value Share (%), By Product Type, 2021

Market Trends/Key Takeaways:

Shifting consumer preferences towards bio-based products is a major trend in the market and this expected to escalate the market growth in the near future. In order to reduce carbon footprint manufacturers are introducing bio-based products that can meet the growing demand from wide range of consumers.

Technological advancement create a major shift in the personal care segment. The market is growing at a rapid pace across emerging economies. Development in various personal care products along with the development in the applications are other major factors augmenting market growth.