Active cosmetics are cosmetic products, which are sold in healthcare outlets and have a derma/pharmaceutical profile. The active cosmetics are being manufactured by adopting the bio based manufacturing processes and components such as on a enzymatic or microbial basis. Active cosmetics are majorly prescribed by dermatologists and pediatricians.
The growth of active cosmetics market is majorly driven by increasing awareness among consumers regarding the adverse impacts of synthetic counterparts. People suffering from various types of skin diseases and hair problems are focusing on the adoption of organic products and products manufactured using active ingredients, as these are derived from natural sources and are free from various kinds of harmful chemicals.
Moreover, major cosmetic manufacturers in the market are focusing on entering into strong partnerships with several healthcare professionals, which would help them in continuously developing products and providing more effective products. However, the market is expected to face several growth challenges, as dermatologists would prescribe only those products that have been previously tested by them in labs. This would also pose challenge to new players to gain market share in the active cosmetics market.
On the basis of application, the market has been segmented as Skin Care, Hair Care and Others. Among application, the skin care segment is expected to hold dominant position in the market. Skin care active cosmetics contain carotenoids, flavonoids, and co-enzymes, which have rich antioxidants. These antioxidants help in hydrating the skin and reducing acne, dark circles, and skin wrinkles. Active cosmetics are also being widely adopted by consumers, owing to their increasing knowledge about the benefits of using the active cosmetics in terms of anti-aging, revitalizes hair, skin elasticity, and hydration of the skin.
Among regions, Asia Pacific region holds dominant position in the global active cosmetics market and is expected to maintain its dominance over the forecast period. Increasing pollution in certain countries of Asia Pacific region is leading to numerous skin and hair problems. Therefore, consumers are actively using skin care and hair care active cosmetics, which are available through various distribution channels such as pharmacies, drugstores, and medi-spas. Moreover, rising population and increasing awareness about active cosmetics are driving growth of the market in Asia Pacific region.
Key players operating in the global active cosmetics market include L’Oréal S.A. (France), Lucas Meyer Cosmetics (France), Pfizer Inc. (U.S.), Givaudan (Switzerland), Croda International Plc. (U.K.), Active Cosmetics Manufacturing (U.S.), and Symrise AG (Germany) among others.
On the basis of product type, the global active cosmetics market is segmented into:
On the basis of gender, the global active cosmetics market is segmented into:
On the basis of application, the global active cosmetics market is segmented into:
On the basis of distribution channel, the global active cosmetics market is segmented into:
On the basis of region, the global active cosmetics market is segmented into: