The Importance of Emollients in Maintaining Skin Health and Beauty
Cosmetic Emollient Market to reach over USD 895.49 million by the year 2031 – Exclusive Report by InsightAce Analytic
Cosmetic Emollient Market
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Cosmetic Emollient Market Size, Share & Trends Analysis Report By Application (Foundation Creams, Face Creams & Moisturizers, Body Creams & Lotions, Sunscreens, and Others), Type (Synthetic and Natural), Distribution Channel (Offline and Online) – Market Outlook And Industry Analysis 2031″
The global cosmetic emollient market is estimated to reach over USD 895.49 million by 2024-2031, exhibiting a CAGR of 5.25% during the forecast period.
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Emollients can be found in creams, lotions, gels, and ointments and can be used to prevent or cure dry, scaly, rough, itchy skin, as well as other skin disorders such as burns or rashes. Emollients can also be used to prevent the skin from irritation.
They can also be used orally to help prevent and treat constipation by moistening and softening the stool. Emollients are used in lip care primarily as a moisturizing element to keep lips from drying out.
Globally increasing demand for cosmetics, beauty care, and personal goods is expected to boost the market.
Furthermore, the increased demand for natural components in cosmetic products such as plant-based and animal-based oils and emollients is likely to drive the market throughout the forecast period.
Consumers prefer goods with ingredients such as multifunctional and natural emollients due to greater knowledge of the negative impacts of chemical ingredients in personal care products and the development of natural products by key market participants.
List of Prominent Players in the Cosmetic Emollient Market:
- Croda International Plc
- Berg-Schmidt GmbH & Co. KG
- Evonik Industries AG
- Hallstar
- Lubrizol Life Science Beauty
- Biosynthetic Technologies
- BASF SE
- SEPPIC
- Sasol Chemicals
- Stephenson Group
Market Dynamics:
Drivers-
The rising popularity of halal beauty products, as well as natural and bio-based personal care products, is driving market expansion.
Furthermore, growing living standards and rapid urbanization are likely to drive market expansion during the projection period.
When preservatives, emulsifiers, thickeners, emulsifiers,
emollients, and color additives are added to cosmetic items, they perform washing, bleaching, moisturizing, and other functions. The incorporation of these chemicals in anti-oxidant and anti-inflammatory properties of cosmetic elements is also helping to boost market expansion.
Moreover, rising awareness of skincare products, product developments, and more investment in new markets will all contribute to market development throughout the projection period.
Challenges:
The high product price and growing customer awareness of the potential health consequences or side effects of some of the most regularly used cosmetic components, such as formaldehyde, parabens, triclosan, lead, aluminum, and phthalates, are impeding the market growth. Furthermore, parabens are compounds generated from para-hydroxybenzoic acid (PHBA) and are available in a variety of forms, including ethylparaben, butylparaben, and methylparaben.
Furthermore, the growing demand for natural products by clients worldwide due to the adverse effects of chemical constituents is likely to stymie industry expansion over the projection period.
Regional Trends:
The North America Cosmetic Emollient Market is expected to report a considerable market share and is projected to grow at a high CAGR in the near future. The demand for emollients in personal care and cosmetics products has been seen to be increasing in these countries.
Furthermore, factors such as increased spending on cosmetics and personal care are driving demand for emollients in North America. The emollient market is predicted to rise in developed nations such as America and Europe in the future years.
Additionally, rising spending power for cosmetics and beauty products in emerging markets such as South Korea, Vietnam, Brazil, and Indonesia is predicted to propel the industry ahead in the coming year.
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Recent Developments:
- In January 2023, SilSense Bio 5 emollient from Lubrizol Life Science Beauty (LLS Beauty) is a biodegradable silicone equal to D5 Cyclopentasiloxane that provides the same functionality and sensory experience in leave-on formulations, specifically for hair care, sun care, and cosmetics formulations. SilSense Bio 5 emollient, which is comprised completely of vegetable oil, leaves the skin, hair, and scalp feeling light and non-greasy. This emollient is vegan, halal, and kosher, plus it has COSMOS clearance.
Segmentation of Cosmetic Emollient Market-
By Application-
- Foundation Creams
- Face Creams & Moisturizers
- Body Creams & Lotions
- Sunscreens
- Others
By Type-
By Distribution Channel-
By Region-
North America-
Europe-
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific-
- China
- Japan
- India
- South Korea
- South East Asia
- Rest of Asia Pacific
Latin America-
- Brazil
- Argentina
- Rest of Latin America
Middle East & Africa-
- GCC Countries
- South Africa
- Rest of the Middle East and Africa
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