Ceramides in Cosmetic Market Share 2023 Expansion Plans, Growth Factors, Size, Business Trends, Top Key Players Update and Research Methodology Forecast to 2028
Research Reports
Mar 14, 2023
The global ceramides in cosmetic market size was USD 265.19 million in 2021 and is expected to register a steady revenue CAGR of 5.41% during the forecast period. Key factors such as high focus on personal appearance and maintaining skin health, rising awareness about importance and benefits of ceramides in cosmetic products, and increasing investments in developing more effective products are expected to drive global market revenue growth during the forecast period.
Ceramides are one of the most important lipids naturally found within the body that help in maintaining the integrity of the skin barrier, keeping the skin healthy and intact. With the rise in skin-related concerns such as skin aging, wrinkles, fine lines, and skin burns, ceramides are widely used in cosmetic products for keeping the skin hydrated and plump. In addition, these also help to improve skin elasticity. Various types of ceramides-based cosmetic products such as body lotions, moisturizers, sunscreens, and hair care products are currently available in the market.
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Factors such as increasing demand for anti-aging skin products, rising availability of various types of ceramides-based skincare and haircare products on online portals and offline stores, and increasing disposable income are expected to boost global market growth during the forecast period.
However, high cost of ceramides and ceramide-based cosmetic products, low awareness about benefits of using ceramides, and rising concerns about the harmful effects of ceramides are expected to hamper overall market growth going ahead.
Plant Extract Segment To Register Rapid Revenue CAGR:
The plant extract segment is expected to register rapid revenue CAGR. This growth can be due to rising demand for natural and unprocessed products, increasing preference for plant extract over animal-derived due to better compatibility, and rising investments for developing plant-based cosmetic products such as moisturizers, creams, and body lotions to cater to rising customer demand.
Skin Segment to Account for Largest Revenue Share:
The skin segment is expected to account for largest revenue share between 2022 and 2028. This can be attributed to high focus on personal appearance, rising demand for anti-aging products, increasing concerns about sunburns, wrinkles, fine lines, and dry patches, and rising availability of various types of skin care products on online platforms and offline stores.
North America to Lead In Terms of Revenue Share:
North America is expected to account for largest revenue share during the forecast period owing to increasing focus on maintaining good skin health and wellness, rising demand for natural cosmetic products, presence of leading cosmetic manufacturing companies, and increasing investments in developing innovative cosmetic products containing ceramides.
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Ceramides in Cosmetic Market By Company:
Evonik
Croda
Doosan
Vantage
Toyobo
Macrocare
Unitika
Ashland
Ceramides in Cosmetic Industry Recent Developments:
In November 2021, CeraVa launched a digital campaign, “Think Ceramides” to educate both consumers and medical professionals about importance and benefits of ceramides.
In November 2022, Nykaa announced the launch of SKINRX ceramide moisturizers that are dermatologically tested, alcohol, parabens and silicones free. The newly launched product is expected to develop a full skincare solution to customers as per their skin type.
The global ceramides in cosmetic market has been segmented based on type, application, and region:
Ceramides in Cosmetic Market Segment by Type:
Fermentation Ceramide
Plant Extract Ceramide
Ceramides in Cosmetic Market Segment by Application:
Skin Care
Hair Care
Ceramides in Cosmetic Market Segment by Region:
North America (USA, Canada, Mexico)
Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
Middle East & Africa (Saudi Arabia, U.A.E, Egypt, Nigeria, South Africa, Rest of MEA)
Key Reasons to Purchase:
Estimates 2022 to 2028 ceramides in cosmetic market current market trends and development trends
Market dynamics along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the ceramides in cosmetic market
Competitive landscape involving market share of the major players, new strategies and projects adopted by players in the last five years
Comprehensive company profiles covering product offerings, key financial information, SWOT analysis and strategies employed by major market players
Brief about impact of COVID-19 on the global ceramides in cosmetic market
Key Questions Addressed:
What revenue CAGR is the global market expected to register during the forecast period?
Which key players are leading in the global ceramides in cosmetic market?
What is the expected market size of the global ceramides in cosmetic market between 2022 and 2028?
What factors are expected to open new growth avenues and opportunities for existing and emerging market players?
What are some of the key challenges that the global market is expected to face during the forecast period?
Which region is expected to account for largest revenue share over the forecast period?
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