What is Global Salicylic Acid and Alpha Hydroxy Acid for Cosmetic Market?
The Global Salicylic Acid and Alpha Hydroxy Acid for Cosmetic Market is a rapidly growing sector in the beauty industry. These acids are key ingredients in many cosmetic products due to their exfoliating and skin rejuvenating properties. Salicylic Acid, a beta hydroxy acid, is known for its ability to penetrate the skin's surface and unclog pores, making it a popular choice for acne treatments. Alpha Hydroxy Acids, on the other hand, are water-soluble acids derived from sugary fruits. They help peel away the surface of your skin so that new, more evenly pigmented skin cells may generate and take their place. The market for these acids is expanding globally, driven by increasing consumer demand for effective and safe cosmetic products.
Glycolic Acid, Lactic Acid, Citric Acid, Others in the Global Salicylic Acid and Alpha Hydroxy Acid for Cosmetic Market:
Glycolic Acid, Lactic Acid, Citric Acid, and others are some of the key types of Alpha Hydroxy Acids used in the Global Salicylic Acid and Alpha Hydroxy Acid for Cosmetic Market. Glycolic Acid, derived from sugar cane, is the smallest alpha hydroxy acid, which makes it effective in treating fine lines, acne, blackheads, dullness, oiliness etc. Lactic Acid, derived from milk, is larger than glycolic acid, and is often used in peels and other skincare products to smooth skin, improve skin tone and reduce pore appearance. Citric Acid, derived from citrus fruits, is an antioxidant that can brighten skin, shrink pores, treat mild acne, and correct dark spots and fine lines. Each of these acids has unique properties that make them suitable for different types of skin and skin conditions.
Facial Cleanser, Facial Mask, Essence, Facial Toner, Face Cream, Body Lotion, Hair Care, Others in the Global Salicylic Acid and Alpha Hydroxy Acid for Cosmetic Market:
The Global Salicylic Acid and Alpha Hydroxy Acid for Cosmetic Market finds its application in a wide range of products including Facial Cleanser, Facial Mask, Essence, Facial Toner, Face Cream, Body Lotion, Hair Care, and others. These acids are used in facial cleansers to exfoliate the skin and unclog pores. In facial masks, they help to remove dead skin cells and reveal a brighter, more youthful complexion. In essence, toners, and face creams, they work to improve skin texture and tone. In body lotions, they help to soften and smooth the skin. In hair care products, they can help to remove build-up from the scalp and promote healthier hair growth.
Global Salicylic Acid and Alpha Hydroxy Acid for Cosmetic Market Outlook:
The Global Salicylic Acid and Alpha Hydroxy Acid for Cosmetic Market has shown significant growth in recent years. In 2023, the market was valued at US$ 110 million and is expected to reach a value of US$ 164 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period from 2024 to 2030. The market is dominated by the top five manufacturers who hold over 60% of the market share. In terms of products, Glycolic Acid holds the largest segment with a share of over 30%.
Report Metric | Details |
Report Name | Salicylic Acid and Alpha Hydroxy Acid for Cosmetic Market |
Accounted market size in 2023 | US$ 110 million |
Forecasted market size in 2030 | US$ 164 million |
CAGR | 5.8% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | Seqens, Shandong Xinhua Pharmaceutical, Hebei Jingye Medical Technology, JQC (Huayin) Pharmaceutical, The Andhra Sugars Limited., Zhenjiang Gaopeng Pharmaceutical, Nanjing Chinafirst Chemical |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |