Abstract
REPORT HIGHLIGHTS
- The global market for cosmetics and toiletries ingredients is estimated to be around $14.7 billion in 2005, with growth of the ingredients expected to be around 5% per year through 2010. Factors contributing to this steady growth include improvements in the global economy, particularly in developing countries, and the introduction of new consumer-friendly products.
- In end-user segments, color cosmetics have the highest average annual growth rate (AAGR). They will grow from $2,586.9 million in 2005 to $3,351.7 million in 2010, and AAGR of 5.3%.
- Hair care products were worth more than $4 billion in 2005, and will maintain the highest market value through the forecast period, growing at 5.2% per year.
- Bath/shaving products, perfume, and oral hygiene have steady growth rates of 4.6% per year through 2010.
INTRODUCTION
Markets for constituents that go into cosmetics and toiletries are undergoing significant changes. Some of this growth includes advanced delivery systems for formulations, newer methods for manufacturing ingredients, the growth of an aging and prosperous baby boomer population and their desire to look younger, advances in the science and development of new materials, the trend towards natural products over synthetic, the availability of cheaper raw materials, and increasing demand from the growing middle classes in developing countries like China and India. BCC Research has followed this industry for two decades and, because of these recent changes, presents a current and comprehensive report on the ingredients for cosmetics and toiletries.
SCOPE OF STUDY
The report contains:
- Global markets for ingredients used in cosmetics and toiletries.
- Analyses of both the end-use markets and the major types of materials, both synthetic and natural.
- The emerging trends and technological developments in the field.
- Information regarding the regulatory environment governing the industry and the typical testing used by manufacturers to comply with the regulations and to produce safe products.
- Profiles of major companies and their market shares.
- Important information about new formulations in the field and how they are being used.