The nanomaterials in cosmetic and personal care global market report 2024from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Nanomaterials In Cosmetic And Personal Care Market, 2024report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size – The nanomaterials in cosmetic and personal care market size has grown rapidly in recent years. It will grow from $2.14 billion in 2023 to $2.43 billion in 2024 at a compound annual growth rate (CAGR) of 13.9%. The growth in the historic period can be attributed to enhanced product performance, innovations in drug delivery systems, consumer demand for high-quality products, regulatory and safety developments, and advancements in nanotechnology research.
The nanomaterials in cosmetic and personal care market size is expected to see rapid growth in the next few years. It will grow to $4.12 billion in 2028 at a compound annual growth rate (CAGR) of 14.1%. The growth in the forecast period can be attributed to advancements in nanotechnology, consumer demand for high-performance products, rising awareness of skin health, growing trend of personalized beauty products, and regulatory developments and safety standards. Major trends in the forecast period include enhanced delivery systems, sunscreens and UV protection, anti-aging products, eco-friendly and sustainable nanomaterials, and improved product stability.
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Scope Of Nanomaterials In Cosmetic And Personal Care MarketThe Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Nanomaterials In Cosmetic And Personal Care Market Overview
Market Drivers -The rise in the aging population is expected to propel the growth of nanomaterials in cosmetic and personal care markets going forward. The rise in the aging population is driven by lower birth rates and increased life expectancy due to advancements in healthcare and improved living conditions. Nanomaterials in cosmetic and personal care products for the aging population offer targeted delivery of active ingredients, enhancing skin rejuvenation and combating signs of aging while minimizing potential irritation or side effects. For instance, in October 2022, according to the World Health Organization, a Switzerland-based international public health organization, one-sixth of the global population will be aged 60 years or older, marking an increase from 1 billion in 2020 to 1.4 billion by 2030. Moreover, the number of individuals aged 60 years and older will double to 2.1 billion, with the population aged 80 years or older expected to triple by 2050, reaching 426 million. Therefore, the rise in the aging population is driving the growth of nanomaterials in cosmetic and personal care markets.
Market Trends – Major companies operating in the nanomaterials in cosmetic and personal care markets are focusing on developing innovative sunscreen ingredients, such as titanium dioxide, to enhance UV protection and meet increasing consumer demand for effective and aesthetically pleasing sun protection solutions. Titanium dioxide serves as an opacifying agent in cosmetics, helping to create a matte appearance and minimize the visibility of skin imperfections such as fine lines, wrinkles, and blemishes. For instance, in December 2023, Croda International plc, a UK-based specialty chemicals company, introduced a range of cutting-edge sunscreen ingredients that provide maximum UV protection while offering a cosmetically elegant experience for users. Solaveil CT-60W is a titanium dioxide (TiO2) water-based dispersion designed to achieve high SPF levels without the usual whitening effect of TiO2. This formulation utilizes advanced technologies to provide strong UV protection while remaining transparent on the skin.
The nanomaterials in cosmetic and personal care market covered in this report is segmented –
1) By Product: Inorganic Nanomaterials
2) By Material: Metal-Based Nanomaterials, Mineral-Based Nanomaterials, Polymer-Based Nanomaterials
3) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, Specialty Stores, Online Retail
4) By End-User Industry: Cosmetic And Personal Care, Skincare, Haircare, Makeup, Other End-User Industries
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Regional Insights – North America was the largest region in the nanomaterials in cosmetic and personal care market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nanomaterials in cosmetic and personal care market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies – Major companies operating in the nanomaterials in cosmetic and personal care market are Johnson & Johnson, Christian Dior SE, Procter & Gamble Company, L’Oréal S.A., Chanel Inc., Shiseido Company, Limited, Croda International plc, Lancôme, Nippon Fine Chemical Co. Ltd., Creative Biostructure, Lucas Meyer Cosmetics Canada Inc., Nikko Chemicals Co. Ltd., Anna Pegova, Dermazone Solutions Inc., Lipoid Kosmetik AG, Zelens, Nanovec, Lipotec S.A., Lipomize SRL, BioSpectrum Inc., CD Bioparticles, kyowa pharma chemical co. ltd., Phenbiox Srl
Table of Contents
1. Executive Summary
2. Nanomaterials In Cosmetic And Personal Care Market Report Structure
3. Nanomaterials In Cosmetic And Personal Care Market Trends And Strategies
4. Nanomaterials In Cosmetic And Personal Care Market – Macro Economic Scenario
5. Nanomaterials In Cosmetic And Personal Care Market Size And Growth
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27. Nanomaterials In Cosmetic And Personal Care Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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