Cosmetic Preservative Market To Reach $538.9 Million By 2030

Cosmetic Preservative Market Growth & Trends

The global cosmetic preservative market size expected to reach USD 538.9 million in 2030 and is projected to grow at a CAGR of 5.9% from 2024 to 2030. The increasing demand for natural preservatives such as thyme, clove, cinnamon and tea tree coupled with growing awareness for personal hygiene are some of the major factors that augment the growth of the Cosmetic Preservative Market. 

The multiplying demand for sunscreens, lotions, and anti-ageing creams in Asia Pacific is also anticipated to positively impact the demand growth over the forecast period. Growing demand for herbal & natural ingredients in cosmetics is expected to drive the demand for organic preservatives. 

 Request a free sample copy or view report summary: Cosmetic Preservative Market Report

Cosmetic Preservative Market Report Highlights

• The phenol derivatives emerged as the leading product segment and accounted for 36.6% of total revenue in 2023.Growing demand for phenoxyethanol used in creams and lotions is spur market growth over the forecast period.

• The skin & sun care segment dominated the market in 2023. The increasing awareness about the harmful effects of UV radiation on skin health has driven a surge in demand for sun care products

• Cosmetic preservatives demand in toiletries is also expected to witness significant growth over the forecast period. Rising standard of living particularly in Asia Pacific has prompted the demand for toiletries in the recent past which is expected to propel the demand for cosmetic preservatives in this segment.

• Asia Pacific emerged as the leading regional market and accounted for 36.2% of global revenue in 2023. Asia Pacific is expected to witness the highest growth on account of the growing production and demand of cosmetic products.

• New product formulations and demand for herbal & organic ingredients in cosmetics is expected to drive the regional market over the forecast period. Rising economic standards and growing awareness about personal grooming and hygiene are also anticipated to boost the cosmetics market growth which will, in turn, have a positive impact on the global Cosmetic Preservative Market.

• Some leading companies operating in the global cosmetic preservatives market include Lonza Group, The Dow Chemical Company, Ashland Inc., Symrise AG, BASF SE, Clariant AG, Akema Fine Chemicals, Brenntag AG, and Chemipol.

Cosmetic Preservative Market Segmentation

Grand View Research has segmented the global cosmetic preservative market report based on product, application, and region:

Cosmetic Preservative Product Outlook (Revenue, USD Million, 2018 - 2030)

• Paraben Esters

• Formaldehyde Donors

• Phenol Derivatives

• Alcohols

• Quaternary Compounds

• Organic Acids

• Others

Cosmetic Preservative Application Outlook (Revenue, USD Million, 2018 - 2030)

• Skin & Sun Care

• Hair Care

• Toiletries

• Fragrances & Perfumes

• Makeup & Color

• Others

Cosmetic Preservative Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

• Central & South America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • Saudi Arabia

  • UAE

  • Oman

  • Kuwait

  • Qatar

List of Key Players in Cosmetic Preservative Market

• Ashland

• Arkema

• CLARIANT

• BASF SE

• Brenntag SE

• Dow

• CHEMIPOL, S.A.

• Symrise

• Lonza

• THOR

• Evonik

• StruChem