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Global Functional Cosmetics Market Size study, by Functionality (Conditioning Agents, UV Filters, Anti-Aging Agents, Skin Lightening Agents and Others), by Application (Skin Care and Hair Care), and Regional Forecasts 2022-2028

  • BIZ4950296
  • 200 Pages
  • February 2022
  • Consumer Goods
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Global functional cosmetics market is valued approximately at USD 3.42 billion in 2021 and is anticipated to grow with a healthy growth rate of about 6.80% over the forecast period 2022-2028. Functional cosmetics are increasingly gaining popularity among the population across the globe owing to an increasing consumer preference for skin whitening, anti-aging, and as well as sun protection products. Functional cosmetics include ingredients such as exfoliators, conditioning agents, anti-aging agents, UV agents, and others which improves the functional properties of the cosmetic skincare products. Also, functional cosmetics are used in a range of hair and skin care products such as body and facial creams, shampoos, lotions, masks, dyes as well as other formulations to enhance the final value of the product. Growth in cosmetics industry, growth in demand for multifunctional ingredients, and increasing demand for anti-ageing and sun protection products are some of the factors that are expected to significantly contribute towards the growth of global functional cosmetics market during the forecast period. According to Statista, the total revenue generated from cosmetics industry across the globe was estimated at USD 85805.1 million in 2020 which is forecasted to reach USD 122462.5 million in 2025. This is expected to increase the demand and adoption of a range of functional cosmetics among population which would promote the market growth. In addition, consumer shift towards environment-friendly products and increasing focus on male-specific cosmetics provides lucrative growth opportunities to the market. However, high cost of organic products is expected to hamper the growth of global functional cosmetics market during the forecast years.

The regional analysis of the global functional cosmetics market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe accounts for the largest share in terms of market revenue in the global functional cosmetics market over the forecast period 2022-2028. Factors such as increase in the manufacturing as well as consumption of functional cosmetics, an inclination towards easily biodegradable products and organic and natural personal care products, presence of majority of the majority of key market players in the region, etc. contributes towards the largest market revenue share of Europe. However, Asia Pacific is expected to register the fastest growth rate during the forecast period owing to factors such as rapid rise in the geriatric population, growth in cosmetics and personal care industry, etc.

Major market player included in this report are:

Nouryon

Ashland Inc.

Basf SE

Clariant AG

Evonik Industries AG

Stepan Company

Gattefosse

Lucas Meyer Cosmetics

Sederma

Seppic SA

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Functionality:

Conditioning agents

UV filters

Anti-aging agents

Skin lightening agents

Others

By Application:

Skin Care

Hair Care

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028.

Target Audience of the Global Functional cosmetics Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)

1.2.1. Functional Cosmetics Market, by Functionality, 2020-2028 (USD Billion)

1.2.2. Functional Cosmetics Market, by Application, 2020-2028 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Functional Cosmetics Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Functional Cosmetics Market Dynamics

3.1. Functional Cosmetics Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Growth in cosmetics industry

3.1.1.2. Growth in demand for multifunctional ingredients

3.1.1.3. Increasing demand for anti-ageing and sun protection products

3.1.2. Market Challenge

3.1.2.1. High cost of organic products

3.1.3. Market Opportunities

3.1.3.1. Consumer shift towards environment-friendly products

3.1.3.2. Increasing focus on male-specific cosmetics

Chapter 4. Global Functional Cosmetics Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Top Investment Opportunities

4.5. Top Winning Strategies

4.6. Industry Experts Prospective

4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk assessment: COVID -19 Impact

5.1. Assessment of the Overall Impact of COVID-19 on the industry

5.2. Pre COVID-19 and Post COVID-19 Market Scenario

Chapter 6. Global Functional Cosmetics Market, by Functionality

6.1. Market Snapshot

6.2. Global Functional Cosmetics Market by Functionality, Performance - Potential Analysis

6.3. Global Functional Cosmetics Market Estimates & Forecasts by Functionality 2019-2028 (USD Billion)

6.4. Functional Cosmetics Market, Sub Segment Analysis

6.4.1. Conditioning agents

6.4.2. UV filters

6.4.3. Anti-aging agents

6.4.4. Skin lightening agents

6.4.5. Others

Chapter 7. Global Functional Cosmetics Market, by Application

7.1. Market Snapshot

7.2. Global Functional Cosmetics Market by Application, Performance - Potential Analysis

7.3. Global Functional Cosmetics Market Estimates & Forecasts by Application 2019-2028 (USD Billion)

7.4. Functional Cosmetics Market, Sub Segment Analysis

7.4.1. Skin Care

7.4.2. Hair Care

7.4.3. Industrial

Chapter 8. Global Functional Cosmetics Market, Regional Analysis

8.1. Functional Cosmetics Market, Regional Market Snapshot

8.2. North America Functional Cosmetics Market

8.2.1. U.S. Functional Cosmetics Market

8.2.1.1. Functionality breakdown estimates & forecasts, 2019-2028

8.2.1.2. Application breakdown estimates & forecasts, 2019-2028

8.2.2. Canada Functional Cosmetics Market

8.3. Europe Functional Cosmetics Market Snapshot

8.3.1. U.K. Functional Cosmetics Market

8.3.2. Germany Functional Cosmetics Market

8.3.3. France Functional Cosmetics Market

8.3.4. Spain Functional Cosmetics Market

8.3.5. Italy Functional Cosmetics Market

8.3.6. Rest of Europe Functional Cosmetics Market

8.4. Asia-Pacific Functional Cosmetics Market Snapshot

8.4.1. China Functional Cosmetics Market

8.4.2. India Functional Cosmetics Market

8.4.3. Japan Functional Cosmetics Market

8.4.4. Australia Functional Cosmetics Market

8.4.5. South Korea Functional Cosmetics Market

8.4.6. Rest of Asia Pacific Functional Cosmetics Market

8.5. Latin America Functional Cosmetics Market Snapshot

8.5.1. Brazil Functional Cosmetics Market

8.5.2. Mexico Functional Cosmetics Market

8.6. Rest of The World Functional Cosmetics Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. Nouryon

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. Ashland Inc.

9.2.3. Basf SE

9.2.4. Clariant AG

9.2.5. Evonik Industries AG

9.2.6. Stepan Company

9.2.7. Gattefosse

9.2.8. Lucas Meyer Cosmetics

9.2.9. Sederma

9.2.10. Seppic SA

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 1. Global Functional Cosmetics Market, report scope

TABLE 2. Global Functional Cosmetics Market estimates & forecasts by region 2019-2028 (USD Billion)

TABLE 3. Global Functional Cosmetics Market estimates & forecasts by Functionality 2019-2028 (USD Billion)

TABLE 4. Global Functional Cosmetics Market estimates & forecasts by Application 2019-2028 (USD Billion)

TABLE 5. Global Functional Cosmetics Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 6. Global Functional Cosmetics Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 7. Global Functional Cosmetics Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 8. Global Functional Cosmetics Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 9. Global Functional Cosmetics Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 10. Global Functional Cosmetics Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 11. Global Functional Cosmetics Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 12. Global Functional Cosmetics Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 13. Global Functional Cosmetics Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 14. Global Functional Cosmetics Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 15. Global Functional Cosmetics Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 16. Global Functional Cosmetics Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 17. Global Functional Cosmetics Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 18. Global Functional Cosmetics Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 19. Global Functional Cosmetics Market by segment, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 20. Global Functional Cosmetics Market by region, estimates & forecasts, 2019-2028 (USD Billion)

TABLE 21. U.S. Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 22. U.S. Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 23. U.S. Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 24. Canada Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 25. Canada Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 26. Canada Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 27. UK Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 28. UK Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 29. UK Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 30. Germany Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 31. Germany Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 32. Germany Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 33. France Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 34. France Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 35. France Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 36. Spain Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 37. Spain Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 38. Spain Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 39. Italy Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 40. Italy Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 41. Italy Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 42. ROE Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 43. ROE Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 44. ROE Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 45. China Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 46. China Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 47. China Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 48. India Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 49. India Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 50. India Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 51. Japan Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 52. Japan Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 53. Japan Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 54. Australia Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 55. Australia Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 56. Australia Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 57. South Korea Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 58. South Korea Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 59. South Korea Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 60. ROPAC Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 61. ROPAC Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 62. ROPAC Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 63. Brazil Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 64. Brazil Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 65. Brazil Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 66. Mexico Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 67. Mexico Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 68. Mexico Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 69. ROLA Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 70. ROLA Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 71. ROLA Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 72. ROW Functional Cosmetics Market estimates & forecasts, 2019-2028 (USD Billion)

TABLE 73. ROW Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 74. ROW Functional Cosmetics Market estimates & forecasts by segment 2019-2028 (USD Billion)

TABLE 75. List of secondary sources used in the study of global Functional Cosmetics Market.

TABLE 76. List of primary sources used in the study of global Functional Cosmetics Market.

TABLE 77. Years considered for the study.

TABLE 78. Exchange rates considered.

 
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