Business Opportunities with Cosmetic Ingredients Market in Materials Industry

NEW YORK, June 20, 2021 /PRNewswire/ -- The Cosmetic Ingredients Market report has been added to Technavio's offering. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Our client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies.

The cosmetic ingredients market is expected to grow by USD 9.16 billion during 2020-2024, expanding at a CAGR of over 7%. The report also throws light on the impact of the COVID-19 pandemic on the market and the new opportunities and challenges that the market players can expect. The impact can be expected to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.

The report offers a detailed analysis of the impact of the COVID-19 pandemic on the
market in optimistic, probable, and pessimistic forecast scenarios.

Download: Technavio's Analysis on Customer Landscape Matrix: https://www.technavio.com/talk-to-us?report=IRTNTR43454

Cosmetic Ingredients Market: Growing demand for natural cosmetic ingredients to drive growth

As per Technavio, the growing prominence of clean labeling in cosmetic formulations will also have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

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Related Reports on Materials Include:

Gelatin Market by Raw Material, Application, and Geography - Forecast and Analysis

Cosmetic Ingredients Market: Segmentation Analysis

This market research report segments the cosmetic ingredients market by Application (Perfumes and fragrances, hair care and skin care, color cosmetics, and others), Geography (APAC, Europe, North America, South America, and MEA), and Type (emollients, film-formers, moisturizers, surfactants, single-use additives, carriers, powders and colorants, and others).

APAC had the largest market share in the cosmetic ingredients market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. 38% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for cosmetic ingredients market in the region. 

Buy our Cosmetic Ingredients Market report right now to gain access to a detailed
customer landscape matrix comparing key industry driven parameters.

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Some of the key topics covered in the report include:

Market Challenges

Market Drivers

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

Our growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: media@technavio.com
Report: https://www.technavio.com/talk-to-us?report=IRTNTR43454

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SOURCE Technavio