Global Antioxidant Cosmetic Products Market 2019-2023| High Demand for Organic and Natural Beauty Products to Boost Growth| Technavio

Technavio has released a new market research report on the global antioxidant cosmetic products market for the period 2019-2023. (Graphic: Business Wire)

LONDON--()--The global antioxidant cosmetic products market is expected to post a CAGR of over 8% during the period 2019-2023, according to the latest market research report by Technavio.

Rapid industrialization and urbanization along with agricultural activities, burning of fossil fuels, forest fires, motor vehicle emissions, and household combustion devices have increased the level of air pollution. Particulate matter, carbon monoxide, ozone, nitrogen dioxide, and sulfur dioxide are some of the major pollutants. Skin and hair being exposed to such air pollutants can lead to premature skin aging, allergies, acne, wrinkles, dryness, pigmentation, hair fall, hair damage, and cellular damage.

As per Technavio, the increase in demand for organic and natural beauty products will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global antioxidant cosmetic products market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

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Global antioxidant cosmetic products market: Increase in demand for organic and natural beauty products

The increasing demand for organic and natural beauty products in cosmetics is encouraging vendors to use natural antioxidants. Natural antioxidants are obtained from various combinations of plant extracts such as grapeseed, rosemary, blueberry, tomato, basil, grape, acerola seed, pine bark, and milk thistle. These plant extracts contain natural antioxidants such as flavonoids, flavanols, terpenes, and others. These antioxidants products comply with the stringent standards of purity laid down by governments of various countries.

“Manufacturers of antioxidants cosmetic products are focusing on offering organic, and natural skincare products as offering organic and natural antioxidants cosmetic product production would help them differentiate their products in an intensely competitive market,” says a senior analyst at Technavio.

Global antioxidant cosmetic products market: Segmentation analysis

This market research report segments the global antioxidant cosmetic products market by distribution channel (offline and online), product (skincare, haircare, and color cosmetics), and geographical regions (APAC, Europe, and North America, South America, and MEA).

The skincare segment held the largest market share in 2018, accounting for over 57% of the market. This product segment is expected to dominate the global market throughout the forecast period.

APAC led the market in 2018 with a market share of nearly 45%. This region is expected to dominate the market through 2023.

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Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The global antioxidant cosmetic products market is expected to post a CAGR of over 8% during the period 2019-2023, according to Technavio.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com