HYDROQUINONE MARKET ANALYSIS

Regional Analysis

Market Outlook

On the basis of region, the market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific is expected to hold dominant position in the market, owing to increasing demand and consumption of cosmetics in economies such as China, South Korea, Japan, and India. The market share of North America and Europe is expected to decline over the forecast period, owing to increasing preference and use of natural ingredients in cosmetics. Moreover, adverse effects of hydroquinone on the environment is also expected to hinder the market growth in these regions.