Asia Pacific Cosmetic Preservatives Market Forecast to 2031 - Regional Analysis

Description

List of Tables

The Asia Pacific cosmetic preservatives market was valued at US$ 233.86 million in 2023 and is expected to reach US$ 339.51 million by 2031; it is estimated to register a CAGR of 4.8% from 2023 to 2031.

Social Media Influence and Celebrity Endorsement Drives Asia Pacific Cosmetic Preservatives Market

Market players increasingly prefer social media platforms to promote their skincare and makeup products instead of traditional commercial advertising. YouTube videos and celebrity promotions on Instagram, Twitter, Facebook, and various other social media platforms have significantly impacted the demand for skincare and makeup products across the globe. Skincare influencers on Instagram, including skin doctors or dermatologists, natural and organic skincare promoters, and skincare routine professionals, upload a wide diversity of content on their accounts, which further influences consumers to buy cosmetics and personal care products. They share daily skincare rituals, reviews on various products they use, tips and tricks on how to apply products optimally, and trusted brand endorsements and recommendations. Further, social media influencers collaborate with skincare and cosmetic brands. As a result, influencers are becoming conduits for customer feedback, shaping brand perception.

Various celebrities across the globe own their own skincare and makeup brands, such as Rare Beauty by Selena Gomez, Fenty by Rihanna, Honest Beauty by Jessica Alba, Pattern by Tracee Ellis Ross, and Kylie Cosmetics by Kylie Jenner. The past four years have seen an increase in the number of celebrities launching their own brands. In June 2023, Beyonce revealed on Instagram that she is starting a hair care product line in the coming years. In addition, with increasing demand for skincare and makeup products, various celebrities in the Indian film industry are launching skincare brands. For instance, Deepika Padukone launched a skincare brand, 82° E, in 2022. The brand offers skincare products such as toners, cleansers, moisturizers, eye creams, and sunscreens. Recently, the brand introduced a line of body care products.

Thus, the rising influence of social media platforms and celebrity endorsement is expected to create a huge opportunity for the cosmetic preservatives market growth during the forecast period.

Asia Pacific Cosmetic Preservatives Market Overview

Chinese consumers spend a substantial amount of time reviewing products online, which widely influences their purchasing behavior. The e-commerce platform impacts consumer purchases by offering several beauty product influencers a platform to share their shopping and product experiences. In addition, livestreaming is another growing trend in the country. This encourages smartphone-savvy customers to shop online after watching a product review on a live stream conducted by celebrities and influencers. Thus, the increasing number of influencers promoting several cosmetics online boosts the demand for cosmetic products in the country, which fuels the need for cosmetic preservatives as an ingredient.

Asia Pacific Cosmetic Preservatives Market Revenue and Forecast to 2031 (US$ Million)

Asia Pacific Cosmetic Preservatives Market Segmentation

The Asia Pacific cosmetic preservatives market is categorized into source, product type, application, and country.

By source, the Asia Pacific cosmetic preservatives market is bifurcated into natural and synthetic. The synthetic segment held a larger share of the Asia Pacific cosmetic preservatives market share in 2023.

In terms of product type, the Asia Pacific cosmetic preservatives market is segmented into parabens, formaldehyde releasers, organic acids, quaternary compounds, phenol derivatives, alcohols, and others. The organic acids segment held the largest share of the Asia Pacific cosmetic preservatives market share in 2023.

Based on application, the Asia Pacific cosmetic preservatives market is segmented into hair care, skin care, makeup products, toiletries, perfumes and deodorants, and others. The skin care segment held the largest share of the Asia Pacific cosmetic preservatives market share in 2023.

Based on country, the Asia Pacific cosmetic preservatives market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. China segment held the largest share of Asia Pacific cosmetic preservatives market in 2023.

Akema S.R.L.; Ashland Inc; BASF SE; Clariant AG; Evonik Industries AG; Lanxess AG; Symrise AG; Celanese Corp; Tate & Lyle Plc; INEOS Group Holdings SA; Biosynth AG; Valtris Specialty Chemicals Inc; Sharon group; CHEMIPOL, S.A.; and SEIWA KASEI Co, Ltd. are some of the leading companies operating in the Asia Pacific cosmetic preservatives market.

Product Code: BMIRE00031365

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Asia Pacific Cosmetic Preservatives Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants:
- 4.2.2 Bargaining Power of Suppliers:
- 4.2.3 Bargaining Power of Buyers:
- 4.2.4 Intensity of Competitive Rivalry:
- 4.2.5 Threat of Substitutes:
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturers
- 4.3.3 Distributors/Suppliers
- 4.3.4 End Use
4.4 List of Vendors in the Value Chain

5. Asia Pacific Cosmetic Preservatives Market - Key Market Dynamics

5.1 Asia Pacific Cosmetic Preservatives Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Increased Consumption of Skincare and Makeup Products
- 5.2.2 Manufacturers' Awareness of Product Safety
5.3 Market Restraints
- 5.3.1 Government Regulations on Cosmetic Preservatives Usage and Associated Side Effects
5.4 Market Opportunities
- 5.4.1 Social Media Influence and Celebrity Endorsement
5.5 Future Trends
- 5.5.1 Growing Trend of Natural and Organic Cosmetics
5.6 Impact of Drivers and Restraints:

6. Asia Pacific Cosmetic Preservatives Market - Analysis

6.1 Asia Pacific Cosmetic Preservatives Market Revenue (US$ Million), 2021-2031
6.2 Asia Pacific Cosmetic Preservatives Market Forecast Analysis

7. Asia Pacific Cosmetic Preservatives Market Analysis - by Source

7.1 Natural
- 7.1.1 Overview
- 7.1.2 Natural: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Synthetic
- 7.2.1 Overview
- 7.2.2 Synthetic: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. Asia Pacific Cosmetic Preservatives Market Analysis - by Product Type

8.1 Parabens
- 8.1.1 Overview
- 8.1.2 Parabens: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Formaldehyde Releasers
- 8.2.1 Overview
- 8.2.2 Formaldehyde Releasers: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.3 Organic Acids
- 8.3.1 Overview
- 8.3.2 Organic Acids: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.4 Quaternary Compounds
- 8.4.1 Overview
- 8.4.2 Quaternary Compounds: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.5 Phenol Derivatives
- 8.5.1 Overview
- 8.5.2 Phenol Derivatives: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.6 Alcohols
- 8.6.1 Overview
- 8.6.2 Alcohols: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.7 Others
- 8.7.1 Overview
- 8.7.2 Others: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. Asia Pacific Cosmetic Preservatives Market Analysis - by Application

9.1 Hair Care
- 9.1.1 Overview
- 9.1.2 Hair Care: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Skin Care
- 9.2.1 Overview
- 9.2.2 Skin Care: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.3 Makeup Products
- 9.3.1 Overview
- 9.3.2 Makeup Products: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.4 Toiletries
- 9.4.1 Overview
- 9.4.2 Toiletries: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.5 Perfumes and Deodorants
- 9.5.1 Overview
- 9.5.2 Perfumes and Deodorants: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. Asia Pacific Cosmetic Preservatives Market - Country Analysis

10.1 Asia Pacific
- 10.1.1 Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.1 Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.2 China: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.2.1 China: Asia Pacific Cosmetic Preservatives Market Share - by Source
    - 10.1.1.2.2 China: Asia Pacific Cosmetic Preservatives Market Share - by Product Type
    - 10.1.1.2.3 China: Asia Pacific Cosmetic Preservatives Market Share - by Application
  - 10.1.1.3 Japan: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.3.1 Japan: Asia Pacific Cosmetic Preservatives Market Share - by Source
    - 10.1.1.3.2 Japan: Asia Pacific Cosmetic Preservatives Market Share - by Product Type
    - 10.1.1.3.3 Japan: Asia Pacific Cosmetic Preservatives Market Share - by Application
  - 10.1.1.4 India: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.4.1 India: Asia Pacific Cosmetic Preservatives Market Share - by Source
    - 10.1.1.4.2 India: Asia Pacific Cosmetic Preservatives Market Share - by Product Type
    - 10.1.1.4.3 India: Asia Pacific Cosmetic Preservatives Market Share - by Application
  - 10.1.1.5 Australia: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.5.1 Australia: Asia Pacific Cosmetic Preservatives Market Share - by Source
    - 10.1.1.5.2 Australia: Asia Pacific Cosmetic Preservatives Market Share - by Product Type
    - 10.1.1.5.3 Australia: Asia Pacific Cosmetic Preservatives Market Share - by Application
  - 10.1.1.6 South Korea: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.6.1 South Korea: Asia Pacific Cosmetic Preservatives Market Share - by Source
    - 10.1.1.6.2 South Korea: Asia Pacific Cosmetic Preservatives Market Share - by Product Type
    - 10.1.1.6.3 South Korea: Asia Pacific Cosmetic Preservatives Market Share - by Application
  - 10.1.1.7 Rest of APAC: Asia Pacific Cosmetic Preservatives Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.7.1 Rest of APAC: Asia Pacific Cosmetic Preservatives Market Share - by Source
    - 10.1.1.7.2 Rest of APAC: Asia Pacific Cosmetic Preservatives Market Share - by Product Type
    - 10.1.1.7.3 Rest of APAC: Asia Pacific Cosmetic Preservatives Market Share - by Application

11. Competitive Landscape

11.1 Company Positioning & Concentration
11.2 Heat Map Analysis by Key Players

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions

13. Company Profiles

13.1 Akema S.R.L.
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Ashland Inc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 BASF SE
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Clariant AG
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Evonik Industries AG
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Lanxess AG
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Symrise AG
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Celanese Corp
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Tate & Lyle Plc
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 INEOS Group Holdings SA
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
13.11 Biosynth AG
- 13.11.1 Key Facts
- 13.11.2 Business Description
- 13.11.3 Products and Services
- 13.11.4 Financial Overview
- 13.11.5 SWOT Analysis
- 13.11.6 Key Developments
13.12 Valtris Specialty Chemicals Inc
- 13.12.1 Key Facts
- 13.12.2 Business Description
- 13.12.3 Products and Services
- 13.12.4 Financial Overview
- 13.12.5 SWOT Analysis
- 13.12.6 Key Developments
13.13 Sharon group
- 13.13.1 Key Facts
- 13.13.2 Business Description
- 13.13.3 Products and Services
- 13.13.4 Financial Overview
- 13.13.5 SWOT Analysis
- 13.13.6 Key Developments
13.14 CHEMIPOL, S.A.
- 13.14.1 Key Facts
- 13.14.2 Business Description
- 13.14.3 Products and Services
- 13.14.4 Financial Overview
- 13.14.5 SWOT Analysis
- 13.14.6 Key Developments
13.15 SEIWA KASEI Co,Ltd.
- 13.15.1 Key Facts
- 13.15.2 Business Description
- 13.15.3 Products and Services
- 13.15.4 Financial Overview
- 13.15.5 SWOT Analysis
- 13.15.6 Key Developments

14. Appendix

14.1 About Us
14.2 List of Abbreviations