Albany – NY, Oct. 21, 2015 (GLOBE NEWSWIRE) — Cosmetics constitute a wide assortment of chemicals that are used to manufacture products for enhancing physical beauty and remedial purposes. Development in the business sector is driving an increase in consumer spending on beauty care products and toiletries. The emphasis of aging population on beauty and appearance is also boosting the sales of cosmetics. Cosmetic for males, such as skin whitening, facial care and sun care treatments are also recording solid development, globally.
The global chemicals for cosmetics and toiletries market includes a range of chemicals, such as essential oils, polymers, petroleum products, inorganic chemicals, surfactants, fatty chemicals, alcohols, aldehydes, ketones, pigments, and colorants. On a broader functional level, these chemicals can be classified into specialty additives, processing aids, and active ingredients. The chemicals, when used in cosmetic or toiletry formulations, exhibit properties, such as aroma, moisturizing, and conditioning among others.
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Technavio forecast the global chemicals for cosmetics and toiletries market to grow at a CAGR of 5.19% by revenue during 2014-2019. The Technavio report, namely Global Chemicals for Cosmetics and Toiletries Market 2015-2019, is based on an in-depth market analysis, with inputs from various industry experts. The report gives a comprehensive discussion on the market, an extensive coverage on various types of production techniques, applications and demand-supply dynamics in various geographies. The report provides comments on both the existing market landscape and its growth prospects over the forecast period. It also includes the key vendors operating in this market.
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The report further provides data on the following segments of the market:
- Application
- Ingredient
- Geography
Market Driver
Popularity of Natural Products for Healthier Lifestyles
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Market Challenge
Regulatory Barriers
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Market Trend
Increase in Urban Lifestyle and Working Women Population
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Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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