According to the U.S. consulting firm Freedonia’s latest study shows that despite the current global economic environment is getting worse, but the cosmetics market demand will continue to grow rapidly. Some manufacturers and suppliers are continuing to invest in this area over the next 5 years, the U.S. cosmetics and care products market is expected to average 5.8 percent rate of growth, by 2012 the market size will reach 8,800,000,000 U.S. dollars. The company also said that skin care products and high value-added additives (including nano-materials) continued growth in demand will further stimulate care products and cosmetics on the active component of demand growth, other chemicals will also expand the market.
From the types of chemicals, antioxidants are still in the field of cosmetic medicine is the most widely used varieties of chemicals, followed by active component, including plant-and-cream, hyaluronic acid, amino acid and peptide products. From the functional division of injectable products and skin care products will remain the fastest growth rate since these products quickly to eliminate wrinkles. Skin care products will continue to be a medicinal cosmetics market demand for the largest species, accounting for all cosmetic medical needs 63% of the market.
Although the financial crisis on the real economy, the impact of increasing global economic environment is getting worse, but there is still some of the manufacturers and suppliers, increased investment in the field of cosmetics, such as large Wo (Croda) invested 20,000,000 U.S. dollars in the United States special New Castle China and Latin America opened two centers of innovation. One of the Center for skin care products from the laboratory and R & D team composed of sales; the other centers are mainly industrial R & D laboratory, the main support for the coatings, crop protection, polymers, and lubricant additives market. Corning (Cognis) care and chemicals company’s cosmetics business active component of the Department will invest 700 million euros to strengthen Pu1noy at France’s Center for Technology R & D strength. Symrise (Symrise) earlier this year, the company acquired a 20%-stake in the company products, the transaction so that it has a peptide-based active components of cosmetics exclusive distribution rights, to strengthen its presence in the active component in the field.
Corning Inc. said in the fast-growing field of cosmetic medicine, it has to market a new generation of products for sensitive skin, which can reduce the cosmetic to the outside nerve stimulation of the over-sensitivity. Bioactive peptides have been He1ixBioMedix manufacturers to market a product peptide, the product can be said to nourish the skin keratinocytes to promote the restoration.
Company forecasts are subject to anti-aging products to stimulate demand for strong growth over the next 5 years, the U.S. pharmaceutical market is expected to cosmetics at an average annual rate of 7.7 percent growth by 2012 this market will reach 1,400,000,000 U.S. dollars. In addition, the high-tech skin care products, hair care products, tooth whitening products and injectable products, including botulinum (Botox) is such as to stimulate the fast growing demand for medicinal cosmetics an important factor.