COSMETIC ISOPARAFFINS MARKET ANALYSIS

Cosmetic Isoparaffins Market, by Product Type (Isododecane, Isohexadecane, Isoeicosane, and Others), by End Use (Hair Care, Skin Care, Lip Care, Antiperspirants & Deodorants, Sun Care, Color Cosmetics, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published In : Jul 2020
Code : CMI4003
Pages :155
Formats :
Excel and PDF
Industry : Cosmetic Ingredients

Market Challenges And Opportunities

Drivers

Cosmetic isoparaffins are used in mascara, lip care products, antiperspirants, deodorants, sun care products, manicuring preparations, skin care, and hair care products. Changing standards of living and rising awareness regarding personal grooming products are leading to increasing consumer base for makeup products. Increasing consumption of color cosmetic products, owing to rising disposable income of population results in increasing demand for cosmetic isoparaffins, globally. According to Trading Economics Statistics on United States Disposable Personal Income, the disposable personal income in the U.S. averaged US$ 5,200.2 billion in 1959, which increased to US$ 15,742.81 billion in November 2018.

Market Restraints

Isoparaffins are considered safe for use in cosmetic and personal care products. However, all cosmetic ingredients including isoparaffins are regulated by government regulations by the U.S. Food and Drug Administration, European Commission, China Food & Drug Administration (CFDA), and others. In Europe, the use of isoparaffins in cosmetics should follow general provisions of the cosmetic regulations of the European Union such as Regulation (EC) N° 1223/2009 and Directive 76/768/EEC.