What's Driving Global Cosmetic Chemical Market Growth?

Aug 23rd, 2015

Jeb Gleason-Allured

The global market for cosmetic and toiletries chemicals was valued at $21.3 billion in 2014 and is forecast to grow to $35.4 billion by 2022, according to a new report.

The skin care chemicals market will grow at a compound annual growth rate (CAGR) of 6.2% to reach $3.4 billion by 2018.

As previously reported, the global cosmetic pigments market is expected to grow between $1 billion and $1.024 billion by 2019.

Overall growth will be driven by demand for bio-based products and gentler preservatives.

Zeropollution was found to work within the body to reduce the negative effects of pollution on skin health.

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Monteloeder published a clinical study that demonstrated how its Zeropollution supplement works within the body to reduce the negative effects of pollution on skin health.

Clean Beauty Sephora Hero Item Adobe Stock 317095763

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Metal Mania at ICONS|ICS with New Collection of Metal Tip Packaging

Metal Mania at ICONS|ICS with New Collection of Metal Tip Packaging

Elevate your packaging with metal tip applicators & metal rollerballs. Explore ICONS|ICS’ metal-tip tube and wand range, including the newest shapes and styles providing cooling and massaging effects. Perfect for eye, lip, face and brow formulations.

Washington state would be the twelfth on the growing list of U.S. states banning animal testing for cosmetics.

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H.B. 1097 would make it unlawful for manufacturers to sell a cosmetic that was developed using animal testing.

Inclusive clinical research, regenerative senolytic technologies, expert-backed clean-ical claims and more will drive the next wave of skin care innovation.

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Skin care was the fastest-growing category in prestige beauty based on units sold, per Circana. The category was also one of only two mass sectors that grew based on unit sales (the other was makeup).

'The most polluting industries, pharmaceuticals and cosmetics, will be required to pay at least [80%] of the cost for micropollutant removal...'

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The directive will require the removal of more nutrients and micropollutants from urban wastewater, particularly those from "toxic pharmaceuticals and cosmetics."

PFAS have been used in cosmetics such as nail polish, shaving cream, foundation, lipstick and mascara to make products more durable, spreadable or water-resistant.

New Zealand to Ban PFAS 'Forever Chemicals' from Cosmetics

As a part of several updates made to the Cosmetic Products Group Standard, the New Zealand Environmental Protection Agency announced the decision to ban PFAS on Jan. 30, 2024; the ban will go into effect on Dec. 31, 2026.

CNBC noted the proposed settlement does not resolve tens of thousands of consumer lawsuits, some of which are scheduled to go to trial this year (2024).

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The $700 million arrangement would settle by 42 states plus Washington, D.C., per the Wall Street Journal, Reuters reported; although it would not resolve thousands of consumer lawsuits.

Brands that thrive in this dynamic environment will be the ones that pursue genuinely differentiated innovation that delivers real value and aligns with shoppers' shifting needs.

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Beauty Accelerate will tap into emerging ingredients and claims, with a focus on efficacy and substantiation.

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Validated Claim Support will be on hand to assist brands in making their marketing claims stick. The clinical research company helps to back marketing claims through scientific data collection and custom tailored studies.

The #mydentity Guy Tang Reflect line of liquid demi permanent hair dyes is being recalled for potential contamination with nitrosamines.

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