The global cosmetic grade preservative market size is calculated at USD 628 million in 2024 and is predicted to attain around USD 1,189.96 million by 2034, expanding at a CAGR of 6.6% from 2024 to 2034.
The surge in demand for natural preservatives is driving the growth of the cosmetic-grade preservative market. Similarly, the growing demand for effective and sustainable preservatives is increasing biotechnological innovations in cosmetic-grade preservatives. Growing awareness for skin and body care is shifting for further need for high-quality and premium body care products. Moreover, the rising health consciousness is transforming the market. Moisturizers and sunscreens are trending in the market. With increased utilization of e-commerce, the influence of various brand products and awareness is rising; as a result, the market is expected to take further extreme growth. The shift of organic and natural products is expected to maintain continued growth of the market.
Early adoption of advanced technologies in the biotechnology sector is the key reason for North America to dominate the cosmetic-grade preservative market. The United States leads the market due to the presence of a high-spending population on cosmetic products in the country. Additionally, growing demand for natural and organic products has transformed countries markets. However, the Asia Pacific is projected to witness significant growth due to increased disposable income and increased consumer awareness of hygiene and personal care.
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| Stats ID: | 7641 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7641 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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