The Global Cosmetic Chemicals Market is Projected to Reach US$34 Billion by 2024
Rising Demand for Anti-Aging & Skin Lightening Cosmetics to Drive Growth in the Global Cosmetic Chemicals Market, According to New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, market size and demand forecasts on the global Cosmetic Chemicals market. The global Cosmetic Chemicals market is projected to reach US$34 billion by 2024 , driven by increasing consumer spending on a range of cosmetic and toiletry products, specifically anti-aging, sun protection, and skin lightening products. Cosmetic chemicals are substances or ingredients used in the formulations of cosmetic and personal care products. Cosmetics industry makes use of a broad range of chemicals, which are designed to improve the effectiveness of the cosmetic by enhancing functionality and properties of the product, and to ultimately enhance the physical appearance of users. A variety of synthetic and natural ingredients a...