2012-11-30 09:33:32 - Chemicals for Cosmetics & Toiletries - a new market research report on companiesandmarkets.com
- Sales in the specialty additives ingredients market amounted to more than $3.1 billion in 2008, increased slightly to an estimated $3.3 billion in 2009, and is expected to reach $4.1 billion in 2014, for a 5-year compound annual growth rate (CAGR) of 4.4%.- The processing aid segment was valued at $2.6 billion in 2008; this is expected to increase to $2.7 billion in 2009, and is projected to reach $3.4 billion in 2014, for a 5-year CAGR of 4.3%.- The market segment, other ingredients, which are used to formulate cleansers, foamers, fragrances and moisturizers, actually accounts for the largest value in the market. It was worth $8.4 billion in 2008, and is estimated to reach $8.7 billion in
2009. By 2014, it is projected to increase to $10.8 billion, for a CAGR of 4.4%.
Like most or all other markets, the global cosmetics and toiletries market has been affected by the recent global economic downturn. Difficulty in obtaining credit has affected consumer spending on cosmetics and toiletries. But generally, consumers in emerging economies such as China, India, and Brazil are not subject to such a credit squeeze as in developed countries. Presence of large domestic markets has cushioned these developing economies from the economic crisis.The cosmetics and toiletries market in emerging economies is still in its developmental stage and promises dynamic growth in coming years. This is likely to offset the effect of downward trends in the developed countries, and overall, the global market for cosmetics and toiletries seems to be poised for modest growth in the coming years.STUDY GOALS AND OBJECTIVES
There are thousands of ingredients used in the formulations of cosmetics and toiletry products. These include a number of chemicals as well as numerous biological ingredients. The basic composition of any cosmetics product is similar to others, but formulators change ingredients depending upon the final market and the customers´ preferences.This report will analyze the various chemicals and other ingredients used in these cosmetics and toiletry products and study the global and regional market for the major ingredients, and forecast the demand for these ingredients. There are various new developments in the technology of these ingredients, and the report will study these developments as well as projected technological trends.REASONS FOR DOING THIS STUDY
There are constant improvements in the quality of cosmetics and toiletry products as the major manufacturers try to stay current with consumer preferences and market needs. Also, new ingredients and methods are being developed continuously to keep ahead of the competition.Demands for various ingredients keep varying, depending on the growth of different types of new products emanating from new research into the ingredients. Thus, there is need for a report that takes into account these changes and updates the global market consumption figures for the various ingredients.SCOPE OF REPORT
This report studies the global as well as regional markets for ingredients used in cosmetics and toiletries industries. It also analyzes these markets by end-use application and major types of materials used, covering all the major ingredients.New patents and technological developments covered by these patents indicate the dynamic nature of the industry, and an analysis of the patents has been made in the report. As newer ingredients increase in number, various regulatory and environmental issues have cropped up that need to be addressed, and existing regulations also have been studied for this report. Profiles of major end-user companies are also included along with their shares of the markets in their respective segments of operation.&
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