Market revenue in 2024 | USD 7.9 million |
Market revenue in 2030 | USD 11.1 million |
Growth rate | 5.8% (CAGR from 2024 to 2030) |
Largest segment | <30% |
Fastest growing segment | <30% |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | <30%, 30%-50%, 50%-80%, >80% |
Key market players worldwide | Evonik Industries AG, Taekwang, Arkema SA, Grupa Azoty, Solvay SA, Akzo Nobel NV, gujarat alkalies and chemical ltd, National Peroxide Ltd., OCI Chemical, Airedale Chemical |
<30% was the largest segment with a revenue share of 67.09% in 2024. Horizon Databook has segmented the UK hydrogen peroxide market based on <30%, 30%-50%, 50%-80%, >80% covering the revenue growth of each sub-segment from 2018 to 2030.
The United Kingdom is currently considered a major manufacturing hub for cosmetic products and is recognized among the top ten manufacturing nations worldwide, as cited by Office for National Statistics (ONS). Increasing spending by market players on research & development activities and availability of a skilled workforce in the country has marked a significant development in the country’s cosmetic and personal care product industry. According to Cosmetic Europe, in 2019, cosmetics sales in the UK stood at around USD 12.7 billion.
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