The scope of our recent study on the “Cosmetic Polymer Ingredients Market Size and Forecast (2021–2031), Global and Regional Growth Opportunity Analysis - by Type, Category, Function, and Application” includes the factors fueling the market growth, revenue estimation and forecast, market share analysis, and the identification of significant market players and their key developments.
The cosmetic polymer ingredients market was valued at US$ 7.86 billion in 2023 and is projected to reach US$ 11.59 billion by 2031; it is anticipated to record a CAGR of 5.0% from 2023 to 2031.
Cosmetic polymer ingredients are used for skin care, hair care, makeup products, and color cosmetics. Carbomer gel is a broadly used polymer in cosmetics, particularly skincare and hair care products. It acts as a thickening agent, enhancing the viscosity and consistency of formulations. In personal care and cosmetic products, cosmetic polymer ingredients are used to extend shelf-life by eliminating microbial contamination during formulation, storage, and shipment. Moreover, the rising demand for various skincare and makeup products across the globe is boosting the requirement for cosmetic polymer ingredients. The products are supplied to end users directly via business-to-business sales or the network of independent dealers operating across different regions.
Based on type, the global cosmetic polymer ingredients market is segmented into polyethylene glycol, acrylic acid-based, vinyl acetate, silicone, cellulose, collagen, pectin, xanthan gum, chitosan, and others. The silicone segment held the largest market share in 2023. Silicones are synthetic ingredients manufactured from silicon, and they are available in the form of oils and gels with a nearly thick texture. They are broadly used in cosmetics due to their high stability, water repellency, and spreadability. These cosmetic ingredients are known to enhance the sensory characteristics of formulations and aid smooth application. It is also utilized in anti-aging and pollution-protection products.
Based on category, the global cosmetic polymer ingredients market is segmented into natural, synthetic, and semi-synthetic. The synthetic segment held the largest market share in 2023. Synthetic cosmetic polymers are synthesized through chemical processing and polymerization processes. A few of the synthetic polymer ingredients used in cosmetic industries include PEG, acrylic acid-based, polyacrylamide, vinyl acetate, and silicones. In the past few decades, synthetic polymers have gained immense popularity and acceptance in the cosmetic industry due to their versatile nature, economical production, and superior properties. However, governments and regulatory bodies have imposed regulations and limitations on certain synthetic cosmetic polymers due to environmental concerns and health hazards. Thus, a shift in demand for sustainable ingredients prompts market players to develop biodegradable and safe cosmetic ingredient variants. Further, natural cosmetic polymer ingredients include polysaccharides, xanthan gum, chitosan, cellulose, collagen, gelatin, and pectin. Regulatory bodies create pressure on cosmetic industries to limit the utilization of petroleum-based and nonbiodegradable polymers. Owing to a growing demand for sustainable ingredients and cosmetic products, the market players are innovating naturally derived cosmetic polymers. For instance, in 2023, Solvay launched the Naternal brand of bio-based biodegradable polymers for skincare and haircare products. In 2023, Dow Inc. launched DEXCARE CD-1 polymer, a bio-derived deposition aid, to boost the conditioning ability of shampoos. Thus, stringent regulations related to the utilization of synthetic, toxic, and nonbiodegradable ingredients drive the demand for natural cosmetic polymer ingredients.
Based on function, the global cosmetic polymer ingredients market is segmented into rheology modifier, stabilizers, emulsifiers, film formers, conditioning, and others. The rheology modifier segment held the largest market share in 2023. Rheology modifiers influence the texture, stability, and application of personal care products. They are added to cosmetic formulations to control their viscosity and flow characteristics. These ingredients are essential for achieving the desired consistency in products such as creams, gels, lotions, shampoos, and makeup. Moreover, they help stabilize emulsions and ensure uniform texture and consistency of formulations. The most commonly used rheology modifiers are cellulose derivatives, acrylic polymers, xanthan gum, and carbomers. Consumer preference for high-quality and appealing sensory experiences drives innovations in rheology modifiers.
Based on application, the global cosmetic polymer ingredients market is segmented into skincare, hair care, makeup, and others. The skincare segment held the largest market share in 2023. Consumers seek multifunctional products with advanced benefits such as UV protection, skin tightening, and anti-aging capabilities. Thus, the skincare industry generates a significant demand for ingredients offering hydration, anti-aging benefits, and enhanced texture. Sunscreen formulations use film formers to create a protective barrier on the skin, thereby enhancing the durability of UV protection. In these formulations, cosmetic polymer ingredients are used to ensure consistent dispersion of UV filters and enhance water resistance. Cosmetic polymers are used to stabilize emulsions by preventing the separation of ingredients. Humectants such as hyaluronic acid and film formers such as polyvinyl alcohol are used to provide long-lasting moisturization, protect the skin barrier, and offer a smooth sensory finish.
The global cosmetic polymer ingredients market is segmented into five main regions—North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South & Central America. Asia Pacific held the largest revenue share of the global cosmetic polymer ingredients market in 2023. Several countries in the Asia Pacific generate a vast demand for growth serums, creams, shampoos, and conditioners, among other hair care products, owing to the increasing awareness of the benefits of haircare routine. Thus, the growing importance and demand for haircare products drive the cosmetic polymer ingredients market in Asia Pacific. Australia has witnessed the emergence of online shopping and e-commerce, along with the demand for minimalistic skin care products, in recent times. Cosmetic products are regulated by two main regulatory bodies: the Australian Industrial Chemicals Introduction Scheme (AICIS) and the Therapeutic Goods Administration. All ingredients in cosmetic formulations must be listed on the AICIS list. Moreover, foreign companies are required to have an importer based in Australia, and both of them should be registered with AICIS to sell cosmetics in the country. Thus, a well-organized and well-regulated cosmetics industry presents significant growth opportunities for the cosmetic polymer ingredients market in Australia. Further, consumers in Japan seek products with high quality and safety. They widely experiment with new and advanced cosmetics with innovative ingredients. As a result, cosmetics manufacturers constantly look for innovative constituents, which fuels the need for novel cosmetic ingredients. As a result, there is a rise in demand for natural and organic ingredients in cosmetic products in Japan. In addition, the demand for skincare products targeting anti-aging, moisturizing, and skin-brightening functions with organic and natural ingredients is rising in the country.
The report includes the segmentation of the cosmetic polymer ingredients market as follows:
The cosmetic polymer ingredients market analysis is based on type, category, function, application, and geography. By type, the market is segmented into polyethylene glycol, acrylic acid-based, vinyl acetate, silicone, cellulose, collagen, pectin, xanthan gum, chitosan, and others. By category, the market is segmented into natural, synthetic, and semi-synthetic. By function, the market is segmented into rheology modifiers, stabilizers, emulsifiers, film formers, conditioning, and others. By application, the market is segmented into skincare, hair care, makeup, and others. The scope of the cosmetic polymer ingredients market report focuses on North America (US, Canada, and Mexico), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Asia Pacific (Australia, China, India, Japan, South Korea, and Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America).
Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id:: sales@premiummarketinsights.com