Global Cosmeceuticals Market to Grow at 8.37% During 2022-2027, Propelled by Advent of Organic Product Variants

November 11, 2020

According to the latest report by IMARC Group, titled "Cosmeceuticals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global cosmeceuticals market reached a value of US$ 49.5 Billion in 2021. Cosmeceuticals are cosmetic products that are fortified with bioactive ingredients to have medicinal or drug-like benefits. Some of the most commonly used ingredients in their formulation include botanicals, peptides, antioxidants, proteins and moisturizers. They are widely used for nourishing the skin while treating certain conditions, including irritation and dryness. They are also utilized for teeth lightening and whitening purposes and hair care. Their use promotes healthy hair or skin growth while effectively repairing damaged cells. They are also widely utilized as they assist in beautifying the outer appearance and exhibiting anti-aging properties. Apart from this, they are essential for safeguarding the skin from numerous harsh external factors, such as pollution and solar and ultraviolet radiation (UV) exposure.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Cosmeceuticals Market Trends:

The market is primarily driven by the growing preference for maintaining an aesthetically pleasing physical appearance among the masses. Inflating disposable incomes of the masses and the rising trend of social media, have also impelled individuals to maintain a regular skincare regime. With the increasingly fast-paced lifestyles led by the majority of the population, there has been a considerable rise in the adoption of various multi-purpose products in general. The use of cosmeceuticals not only enhances the physical appearance of users but also aids in treating the imperfections of the skin rather than just covering them up. This has, consequently, contributed to the widespread popularity of these products on the global level. Along with this, there has also been a rising preference for maintaining a youthful appearance among individuals, which has contributed to the escalating sales of premium cosmeceuticals with essential oils and superior quality ingredients. The market is further driven by the advent of organic and natural product variants in the market. The growing awareness regarding the adverse effects associated with the prolonged use of chemical products on skin and hair has led consumers to shift to products formulated with naturally-sourced ingredients. Some of the other factors contributing to the market growth include the increasing prevalence of skin-related conditions, the rapid expansion of online and offline organized retail and the extensive research and development (R&D) conducted by players to develop products with improved efficacy and long-lasting results. On account of the aforementioned factors, the market is anticipated to grow at a CAGR of 8.37% during 2022-2027.

Market Summary:

  • On the basis of the product type, the market has been divided into skin care (anti-aging, anti-acne, sun protection, moisturizers and others), hair care (shampoos and conditioners, hair colorants and dyes, and others), lip care and oral care.
  • Based on the ingredient type, the market has been classified into antioxidants, sunscreens, botanicals, peptides and proteins, exfoliants, moisturizers, retinoids, and others.
  • On the basis of the distribution channel, the market has been segmented into supermarkets and hypermarkets, convenience stores, Specialty stores, online stores and others.
  • On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include Amway Corporation (Alticor), Avon Products, Inc. (Natura & Co.), Beiersdorf AG (Maxingvest ag), Croda International Plc, Estée Lauder Companies, Johnson & Johnson Services, Inc., L'Oréal S.A., Procter & Gamble Company, Shiseido Company Limited and Unilever PLC.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Global Cosmeceuticals Market to Grow at 8.37% During 2022-2027, Propelled by Advent of Organic Product Variants
Select Licence Type

Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More