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Chemicals for Cosmetics & Toiletries to Reach $35.0 Billion by 2029: Global Market Trends

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News provided by

BCC Research LLC

19 May, 2025, 19:09 GMT

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"Growing Consumer Preference for Natural and Organic Cosmetics Fuels Significant Investments in Sustainable and Bio-Based Ingredients by Leading Brands"

BOSTON, May 19, 2025 /PRNewswire/ -- According to the latest study from BCC Research, "Global Markets for Chemicals for Cosmetics & Toiletries" is expected to grow from $27.7 billion in 2024 to $35.0 billion by the end of 2029, at a compound annual growth rate (CAGR) of 4.8% from 2024 through 2029.

This report analyzes the global market for chemicals used in cosmetics and toiletries. It segments the market based on product type, function, application, and region, offering insights at both global and regional levels. These estimates are presented in terms of volume (kilo tons) and revenue (millions of dollars), providing a detailed overview of market trends and projections.

This report is relevant to rapid advances in production processes and developing novel chemicals that enhance product performance. Companies are researching new active ingredients that offer improved stability, absorption, and multifunctional benefits. Additionally, increasing consumer demand for natural and sustainable ingredients represents a significant market opportunity. As awareness of environmental and ethical considerations grows, the preference for products made from renewable and eco-friendly resources is rising.

Factors driving the market include:

Growing Personal Care and Cosmetics Industry: The market is expanding due to increased consumer awareness, rising middle-class incomes, and the influence of social media on beauty trends. Natural and organic products are also driving growth.

Technological Innovations in Cosmetics and Toiletries: Advances such as AI for personalized skincare, AR for virtual try-ons, and biotechnology for lab-grown ingredients are transforming the industry. Sustainable practices, such as waterless products and refillable packaging, are also gaining traction.

Request a sample copy of the report on the global chemical market for cosmetics and toiletries.

Report Synopsis

Report Metric

Details

Base year considered

2023

Forecast period considered

2024-2029

Base year market size

$26.6 billion

Market size forecast

$35.0 billion

Growth rate

CAGR of 4.8% from 2024 to 2029

Segments covered

By Product Type, Function, Application, and Region

Regions covered

North America, Europe, Asia-Pacific, and the Rest of the World (RoW)

Countries covered

U.S., Canada, Mexico, Germany, France, Italy, Spain, the U.K., Japan, China, India, South Korea

Market drivers

• Growing personal care and cosmetics industry.

• Technological innovations in cosmetics and toiletries and the chemicals used in the cosmetics and toiletries industry.

Interesting facts:

  •  The demand for natural and sustainable cosmetic ingredients is growing because people are interested in healthier and environmentally conscious lifestyles. Popular ingredients include natural gums for texture and natural oils for moisture.
  •  Although natural ingredients are popular, they have shorter shelf lives and higher costs. However, advances in biotechnology are creating new opportunities to address these issues.

Emerging startups:

Geltor: Geltor specializes in producing animal-free, bio-designed proteins for the personal care and cosmetics industry. Its sustainable offerings include HumaColl21, vegan collagen for anti-aging and skin-repair applications.

Biosyntia: Biosyntia uses microbial fermentation to produce high-purity, natural vitamins and bioactives for personal care. Its portfolio includes eco-friendly alternatives to synthetic ingredients like Vitamin E and B derivatives.

The report addresses the following questions:

1. What is the projected market size and growth rate?

• The market for chemicals for cosmetics and toiletries is projected to grow from $26.6 billion in 2023 to $35.0 billion by the end of 2029 at a CAGR of 4.8% during the forecast period.

2. What market segments are covered in the report?

• The market is segmented based on product type, function, application, and region.

3. Which product type segment will be dominant over the forecast period?

• The surfactants segment will dominate the market by the end of 2029 in terms of value.

4. Which region has the largest market share?

• Asia-Pacific holds the largest share of the market, due to the presence of several chemical manufacturing companies, technological advances, and increased use of sustainable and natural skincare ingredients.

Market leaders include:

  •  ARKEMA
  •  BASF
  •  CARGILL INC.
  •  CLARIANT
  •  EASTMAN CHEMICAL CO.
  •  CORBION
  •  CRODA INTERNATIONAL PLC
  •  DOW
  •  EVONIK INDUSTRIES AG
  •  INNOSPEC
  •  LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
  •  MOMENTIVE PERFORMANCE MATERIALS
  •  NOURYON
  •  SOLVAY
  •  WACKER CHEMIE AG

Related Reports:

Green Solvents: Technologies, Emerging Opportunities, and Markets: This report analyzes the materials which include bio-based alcohol, glycol, and diols (such as bioethanol, biobutanol, bio-PG, bio-BDO, glycerol and derivatives, and others), D-limonene, fatty acid methyl esters (FAME) and lactate esters. Applications covered include paints and coatings, cosmetics, printing inks, cleaning products, adhesives, sealants and pharmaceuticals.

Sustainable Packaging: Global Markets: The materials used in sustainable packaging include paper (corrugated/cardboard, boxboard/carton board, and flexible paper), plastic (flexible and rigid), metal, and others (such as glass, wood, and textile). The market is further segmented by process into recycled, reusable, biodegradable, and bio-based packaging. End users include the food and beverage, industrial and chemical, healthcare, and personal and home care sectors.

Navigate Uncertainty with Confidence

In times of rapid change and uncertainty, having the right insights can make all the difference. At BCC Research, we're here to support innovation and help you stay ahead. Our custom research reports provide a comprehensive, 360-degree view of your market landscape—giving you the clarity you need to make informed decisions. We believe that timely, expert market intelligence should be accessible to all. That's why, for a limited time, we're offering 30% off the price of any BCC Research report to help more organizations gain access to our latest data and insights.

Purchase a copy of the report direct from BCC Research.

For further information on any of these reports or to make a purchase, contact info@bccresearch.com.    

About BCC Research

BCC Research market research reports provide objective, unbiased measurement and assessment of market opportunities. Our experienced industry analysts' goal is to help you make informed business decisions free of noise and hype.

Contact Us

Corporate HQ: 50 Milk St., Ste. 16, Boston, MA 02109, USA
Email: info@bccresearch.com
Phone: +1 781-489-7301

For media inquiries, email press@bccresearch.com or visit our media page for access to our market research library.

Any data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher.

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