From GlobeNewswire: 2025-02-17 09:30:00

The Cosmetic Preservative Market is projected to reach USD 780.6 Million by 2032, with a CAGR of 6.6% from 2024 to 2032. Growing demand for natural and multifunctional preservatives, regulatory changes favoring natural alternatives, and a shift towards safer and greener options are key drivers of market growth.

Asia-Pacific leads the market growth with a 37% share in 2023, driven by a booming personal care industry and a preference for herbal cosmetics. China and South Korea are key players due to investments in R&D and a focus on safer preservatives. North America and Europe are also expanding markets due to regulatory changes and a demand for organic products.

Phenol derivatives dominate the market, with a share of 40% in 2023, due to their effectiveness against bacterial growth and mold. In the application segment, haircare holds the largest share at 42%, driven by the need for preservation in shampoos and styling products. The makeup and fragrance segments are also contributing to market growth.

Recent developments in the market include the introduction of bio-based preservatives by Ashland and Lonza, as well as a strategic partnership between Clariant and a cosmetics brand to develop sustainable preservative systems. These innovations aim to meet consumer demand for clean-label and eco-friendly beauty products. The Cosmetic Preservative Market Report for 2024-2032 is now available for purchase. The report includes in-depth research methodology, market dynamics impact analysis, statistical insights, competitive landscape, segmentation by product and application, regional analysis, company profiles, and use cases.

To buy the full research report on the Cosmetic Preservative Market 2024-2032, visit https://www.snsinsider.com/checkout/3962. For more information or customization needs, email [email protected]. SNS Insider is a top market research and consulting agency, providing clients with up-to-date market data, consumer insights, and opinions for confident decision-making.



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