Global Chemicals for Cosmetics and Toiletries Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Hair Care Products, Skin Care Products, Color Cosmetic, Perfumes & Aroma, Oral Hygiene Products, and Other.

By Ingredients;

Specialty Additives, Processing Aids, Active Ingredients, and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn959714053 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Chemicals for Cosmetics and Toiletries Market (USD Million), 2021 - 2031

In the year 2024, the Global Chemicals for Cosmetics and Toiletries Market was valued at USD 8,644.34 million. The size of this market is expected to increase to USD 12,997.89 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The global chemicals for cosmetics and toiletries market is a dynamic and evolving sector characterized by its diverse range of applications and products. This market encompasses a variety of chemical ingredients and formulations used in the development of personal care products, including skincare, haircare, and color cosmetics. As consumer preferences shift towards more natural and sustainable products, the demand for innovative and eco-friendly chemical solutions has surged. This trend is driving companies to invest in research and development to create high-performance ingredients that cater to the growing interest in wellness and environmental responsibility.

The market's growth is supported by several factors, including rising disposable incomes, increasing awareness of personal grooming, and expanding middle-class populations in emerging economies. As consumers become more conscious of the ingredients in their personal care products, there is a notable shift towards products that offer added benefits, such as anti-aging, moisturizing, and UV protection. This has led to a growing emphasis on high-quality, multifunctional chemicals that enhance the efficacy and appeal of cosmetics and toiletries. Additionally, advancements in technology and regulatory changes are influencing the development and formulation of new products, further shaping market dynamics.

The market exhibits varying trends and growth rates across different regions. North America and Europe, with their mature markets, are experiencing steady growth driven by high consumer spending and stringent regulatory standards. In contrast, the Asia-Pacific region is witnessing rapid expansion due to rising urbanization, increasing disposable incomes, and a burgeoning middle class. Companies operating in the global chemicals for cosmetics and toiletries market are focusing on regional strategies to tap into these diverse opportunities, leveraging local preferences and regulatory frameworks to optimize their product offerings and market presence.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Ingredients
    3. Market Snapshot, By Region
  4. Global Chemicals for Cosmetics and Toiletries Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Disposable Incomes
        2. Growing Awareness of Personal Grooming
        3. Demand for Natural and Organic Products
        4. Technological Advancements in Ingredients
      2. Restraints
        1. Stringent Regulatory Requirements
        2. High Raw Material Costs
        3. Economic Fluctuations
        4. Consumer Sensitivity to Ingredient Safety
      3. Opportunities
        1. Innovation in Product Formulations
        2. Emerging Markets Expansion
        3. Growth in E-commerce Channels
        4. Rising Demand for Personalized Products
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Chemicals for Cosmetics and Toiletries Market, By Application, 2021 - 2031 (USD Million)
      1. Hair Care Products
      2. Skin Care Products
      3. Color Cosmetic
      4. Perfumes and Aroma
      5. Oral Hygiene Products
      6. Other
    2. Global Chemicals for Cosmetics and Toiletries Market, By Ingredients, 2021 - 2031 (USD Million)
      1. Specialty Additives
      2. Processing Aids
      3. Active Ingredients
      4. Other
    3. Global Chemicals for Cosmetics and Toiletries Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AkzoNobel
      2. BASF SE
      3. Evonik Industries
      4. Solvay-Rhodia
      5. Stepan
  7. Analyst Views
  8. Future Outlook of the Market