DUBAI, United Arab Emirates, Jan. 26, 2022 (GLOBE NEWSWIRE) — Global anti-pollution ingredient sales topped US$870.4 million in 2022, expected to see healthy annual growth of 5.4% in 2022. A new intelligence outlook published by Future Market Insights (IMF) predicts promising growth prospects for the global anti-pollution ingredients market in the coming years owing to a dramatic increase in the incorporation of ingredients active and functional in personal care (PC) and cosmetic products, with anti-pollution effect.
|Anti-Pollution Ingredients Market Size (2022)||US$870.4 million|
|Expected net worth (2031)||US$1.4 billion|
|Global market growth rate (2022-2031)||5.4% CAGR|
|Polymer-based ingredients market share||36.2%|
The growing consumer inclination towards preventative skin and hair care remains a significant driver for the growth of the anti-pollution ingredients market. Although the female population accounts for the majority of anti-pollution products, the rapidly advancing market scenario of the men’s skincare category will be a significant boost for the growth in demand for anti-pollution ingredients, according to the report.
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Nearly half of the total demand for anti-pollution ingredients is accounted for by applications in skincare, according to IMF findings. Manufacturers of face masks and moisturizers are top-selling anti-pollution skincare products, in addition to sunscreen products.
While the functional concentration of a majority of skincare lines available on the market is limited to the surface of the skin, manufacturers are increasing their investments in the R&D of new solutions that would penetrate deeper dermal layers and reach the cellular level to prevent the premature effects of pollution on skin ageing. Players active in the field of hair care also generate significant demand for anti-pollution ingredients, mainly for shampoos and conditioners.
Key players targeting Asian markets for new launches
Consumers in developed regional markets, particularly Europe, are using cosmetics and personal care products that go beyond moisturizing and anti-aging functions to combat the negative impact of pollutants on the skin and hair. Major global brands active in the anti-pollution ingredient manufacturing space continue to be on the lookout for opportunities suggested by the changing buying habits of these consumers.
On the other hand, anti-pollution cosmetics and PC products have established themselves as a popular trend in Asian countries in no time, leading a considerably large consumer population to invest more in action products. protective against ever-increasing levels. pollution. The report states that the rampant rate of increase in airborne pollutants and particulates in rapidly developing Asian countries is creating profitable business opportunities for anti-pollution ingredient manufacturers.
Currently, the East Asia-South Asia-Oceania cluster accounts for more than 50% of global anti-pollution ingredient sales, as the report shows. A recent collaboration between AS Watson and Shiseido’s has brought a new best-selling anti-pollution skincare line to Thailand. China will likely be the next target market in this lineup, followed by other lucrative markets in Asia.
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Scope of the Anti-Pollution Ingredients Industry Report
|Historical data available for||2016-2021|
|Market analysis||US$ million for value|
|Key regions covered||
|Main countries covered||
|Key Market Segments Covered||
|Profiled Key Companies||
Non-traditional ingredients are gaining ground
Based on the analysis of the market by type of anti-pollution ingredients, ingredients based on polymers and antioxidants remain very popular with manufacturers and consumers. However, the market has witnessed new models of innovation involving non-traditional active ingredients such as vitamins E and A, and polymer-based ingredients. Anti-pollution ingredients such as herbal extracts, activated carbon, and metal coolers are gaining momentum in the market in recent years.
As consumers continue to seek out “natural” product labels and claims of protection against direct skin contact with pollutants, anti-pollution ingredient makers continue to focus on innovative formulations.
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Improving the efficacy of existing ingredients and evaluating the efficacy of newly found ingredients for use in the anti-pollution ingredient category is currently of interest to the majority of major market players. Procter & Gamble recently teamed up with botanists from the Royal Botanic Gardens (London) to assess the effectiveness of naturally-derived ingredients for potential use in the company’s new line of anti-pollution skincare products. skin. Evonik has also recently expanded its portfolio with new ingredients for use in “in-the-moment” applications, including anti-pollution cosmetics and PC products.
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About Future Market Insights (IMF)
Future Market Insights (FMI) is a leading provider of market information and advisory services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, USA and India. FMI’s latest market research reports and industry analysis help businesses meet challenges and make critical decisions with confidence and clarity amidst fierce competition. Our custom and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of analysts led by FMI experts continuously monitor emerging trends and events across a wide range of industries to ensure our clients are prepared for the changing needs of their consumers.
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Source of the press release: https://www.futuremarketinsights.com/press-release/anti-pollution-ingredients-market