SALICYLIC ACID MARKET ANALYSIS

Market Challenges And Opportunities

Safety of cosmetics is a major concern, as the ingredients used in manufacturing the cosmetic products can have adverse health effects and can result into severe dryness, skin blistering, and skin irritation. As the cosmetics industry is expanding, there increasing number studies carried on safety of these products and are regulated by related authorities. The ever-changing and evolving regulatory scenario results in high costs for research and development in order to ensure compliance. This hampers growth of the market to a certain extent. Rising consumer awareness about the harmful effects of beauty ingredients is driving the consumer demand for naturally derived products from grapes, rosemary, thyme, and tree oil as an alternative.