The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Market Overview

• Current Market Size: $7.20 billion in 2023.
• Projected Growth: $8.36 billion in 2024 at a CAGR of 16.2%.
• Historic Drivers:
  • Growing consumer interest in advanced skincare solutions.
  • Increasing efficacy of ingredients.
  • Rising regulatory approvals and standards.
  • Brand differentiation and emphasis on sustainability.

Future Growth Projections

• Expected Market Size: $15.27 billion by 2028.
• Projected CAGR: 16.3%.
• Growth Drivers:
  • Rising R&D for innovative nanotechnology-based products.
  • Increased consumer awareness of nanotechnology benefits.
  • Growing investments in nanotechnology R&D.
  • Emphasis on sustainability initiatives.

View More On The Nanotechnology In Cosmetics Market Report 2024 – https://www.thebusinessresearchcompany.com/report/nanotechnology-in-cosmetics-global-market-report

Key Market Drivers and Trends

Role of Green and Ethical Beauty

• Demand for Green and Ethical Products:
  • Focus on natural, organic ingredients and sustainability.
  • Cruelty-free practices and eco-conscious consumer preferences.
• Impact of Nanotechnology:
  • Revolutionizes formulations for high-performance and sustainable products.
  • Example: In March 2024, The Soil Association reported significant growth in organic beauty and wellbeing in the UK, highlighting a trend towards green beauty products.
  • Organic beauty market value reached £147.6 million ($191.88 million) in 2022, up from £138.2 million ($186.57 million) in 2021.

Major Companies

• Key Players:
  • Christian Dior SE
  • Procter & Gamble Co.
  • Guerlain (LVMH)
  • L’Oréal S.A.
  • Colgate-Palmolive Company
  • Esteé Lauder Companies Inc.
  • Chanel SA
  • Kao Corporation
  • Beiersdorf AG
  • Shiseido Company Limited
  • Coty Inc.
  • Natura & Co.
  • Neutrogena Corporation
  • Revlon Inc.
  • Elizabeth Arden Inc.
  • Origins Natural Resources Inc.
  • Oriflame Cosmetics AG
  • Murad Inc.
  • La Prairie Group AG
  • Innisfree Corporation

Advancements in Nanotechnology

• Focus on Green Nanotechnology:
  • Enhances efficacy and penetration of active ingredients.
  • Provides luxurious skincare experiences.
• Example:
  • In December 2021, Nano Au Veda launched Au Glow, a nano-gold serum using green nanotechnology.
  • Combines Kakadu plum-derived vitamin C with nano-gold particles for enhanced skincare benefits.

Strategic Acquisitions

• Givaudan’s Acquisition of Amyris:
  • Date: April 2023.
  • Purpose: Expand portfolio of cosmetic ingredients and strengthen market position.
  • Acquired Company: Amyris Inc., specializing in performance and nanomaterials for cosmetics.

Market Segmentation

By Product

• Hair Care
• Skin Care
• Make-Up
• Sexual Well-Being
• Other Products

By Nanomaterial

• Liposomes
• Nanoemulsions
• Nanocapsules
• Solid Lipid Nanoparticles
• Nanosilver and Nanogold
• Other Nanomaterials

By Distribution Channel

• Supermarkets or Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Retail

Regional Insights

• Largest Region in 2023: Europe.
• Fastest-Growing Region: North America in the forecast period.

Request A Sample Of The Global Nanotechnology In Cosmetics Market Report 2024:

https://www.thebusinessresearchcompany.com/sample_request?id=16128&type=smp

The Nanotechnology In Cosmetics Global Market Report 2024  provides comprehensive insights on the nanotechnology in cosmetics market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the nanotechnology in cosmetics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Natural Cosmetics Global Market Report 2024

Nanotechnology Services Global Market Report 2024

Nanotechnology Clothing Global Market Report 2024

Learn More About The Business Research Company
The Business Research Company has published over 6500+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: