Global Active Cosmetics Market Share 2024, Forecast To 2033
28 Mar, 2024
The active cosmetics market has experienced rapid growth in recent years, advancing from $9.44 billion in 2023 to $10.79 billion in 2024, with a CAGR of 14.2%. This expansion during the historic period can be attributed to several factors including the burgeoning e-commerce landscape, supportive regulatory frameworks promoting the use of safe ingredients, market expansions into emerging economies, a surge in consumer preference for organic and natural beauty products, and lifestyle improvements. Looking forward, the market is poised for further acceleration, reaching $17.21 billion in 2028, boasting a CAGR of 12.4%. This growth is expected to be fueled by heightened consumer awareness, a growing emphasis on anti-aging solutions, increased disposable incomes, a rising demand for skincare products, and the continuous evolution of consumer preferences. Foreseen trends encompass innovative product offerings, collaborations with recyclable and biodegradable material providers, strategic partnerships, collaborations, and amplified investments by companies.
Global Active Cosmetics Market Key Driver
The active cosmetic market is expected to experience significant growth fueled by the increasing demand for natural and organic skincare products. These products are formulated using ingredients derived from natural sources, without synthetic chemicals or harsh preservatives, aligning with the preferences of individuals leading active lifestyles. Such formulations enhance the active cosmetics experience by providing gentle, hydrating, and environmentally conscious solutions. For example, in June 2023, data from the Centre for the Promotion of Imports from Developing Countries revealed a 15% increase in UK market sales of certified organic cosmetics, reaching £138.23 million ($150.13 million) in 2021. Hence, the surge in demand for natural and organic skincare products is a significant driver propelling the active cosmetic products market.
Get A Free Sample Of The Global Active Cosmetics Market ReportGlobal Active Cosmetics Market Segments
The active cosmetics market covered in this report is segmented –
1) By Product: Liquid, Cream, Other Products
2) By Gender: Male, Female
3) By Distribution Channel: Drug Stores, Mass Merchandiser, Online, Department Stores, Others
4) By Application: Skin Care, Hair Care, Other Applications
By Geography:The regions covered in the active cosmetics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
Asia-Pacific was the largest region in the active cosmetics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the active cosmetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Active Cosmetics Industry Players
NIQ BASES, Melexis, Tobii AB, Seeing Machines, Smart Eye AB, Smart Eye A/S, Noldus Information Technology, EyeTech Digital Systems, Visage Technologies, ParallelDots Inc, Eye Square Gmbh, iMotions, 4tiitoo, Blink Technologies, Converus, Eyeware Tech SA, Pupil Labs, Gazepoint, SR Research Ltd, Explorer Research, Mirametrix, Gaze Intelligence, BEQUIPE, Neuroset Italia srl, Eyegaze
Get The Full Global Active Cosmetics Market ReportActive Cosmetics Market Overview
Active cosmetics refer to skin care products that contain proven active ingredients for long-term improvement of skin complexion. These are specifically designed to address various skin concerns, including reducing skin damage, preventing aging, removing impurities, and preventing pigment spots.
Active Cosmetics Global Market Report 2023 provides data on the global active cosmetics market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The active cosmetics market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.