Growing demand for skin products to combat aging and the harmful effects of UV rays to drive the global functional cosmetics market for skin care applications, notes the TMR report

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ALBANY, NY, Dec 3 2021 / PRNewswire / – Market research on transparency: Concerns about the harmful effects of different chemical ingredients as well as synthetic additives used in various cosmetic and personal care products have fueled the demand for natural solutions. As a result, the demand for natural cosmetic components is increasing globally. The natural cosmetics industry is driven by the increase in consumers’ knowledge of organic products, thus leading to the purchase of these products. The growing trend of using organic cosmetics to drive the growth of the global functional cosmetics for skin care market.

Different governments and commercial companies are also promoting the use of natural materials in cosmetic formulations to avoid and manage the side effects of synthetic cosmetics, such as allergies, rashes, and other skin problems. It is also used to prevent skin damage caused by UV rays. As a result, the growth of the natural cosmetics segment is expected to open up a plethora of prospects for natural cosmetics manufacturers.

The global functional cosmetics market for skin care applications is expected to grow at a CAGR of 6.2% during the forecast period 2021-2031.

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Main conclusions of the market report

  • Use of nanocarriers for high efficiency of sun protection products

Sun lotions that minimize or prevent skin irritation and poor light fastness are needed. As a result, companies are investing more in the research and development activities of nanotransporters, as this can increase the effectiveness of sunscreen products in addition to improving the capabilities of its ingredients. Sunscreens using nanocapsules provide better sunscreen impact than traditional sunscreen gel or emulsion compositions. The ingredients in sunscreen can quickly diffuse nanocapsules onto the surface of the cuticle, and the very specific surface area of ​​nanocapsules makes them more effective in protecting the skin from ultraviolet (UV) rays.

  • Presence of antioxidants in Camellia flowers to enhance use in anti-aging products

Camellia flower extracts, for example, are becoming increasingly popular in skin care products. Camellia japonica is promoted as a natural anti-aging component and for its beauty benefits. Antioxidants are abundant in this flower which helps provide anti aging properties in skin care products. In order to avoid acute oral toxicity, skin irritation and other negative consequences for users, brands are improving their understanding of safety data, which is expected to benefit the global functional cosmetics for skin care market. . Camellia seed extracts are also used in greater amounts in skin care products.

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  • Change of lifestyle and increase disposable income to stimulate the global market

The use of functional cosmetics is expected to increase in the near future with the growth of the world population. Moreover, improvement in consumers’ lifestyle along with increase in the cash available is expected to drive the growth of the global functional cosmetics for skin care market during the forecast period. The market is also expected to be driven by the popularity of functional cosmetics due to the increase in age-related skin problems. These cosmetic products are commonly used to treat skin problems such as sagging skin, aging due to stress, dark spots, wrinkles and redness of the skin. Skin specialists and health experts are also promoting functional cosmetics.

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Functional Cosmetics Market For Skin Care Application Market: Growth Drivers

  • Increased demand for anti-wrinkle solutions is likely to fuel the expansion of the global functional cosmetics market for skin care applications
  • Palm oil-free, cruelty-free, vegan and non-toxic natural cosmetic components are in great demand around the world. This is expected to open up lucrative growth prospects for market players during the forecast period.
  • Demand for skin care products is driven by increasing disposable income and changing consumer preferences towards toiletries
  • To produce functional cosmetics, companies are boosting their production of vegetable oils. Natural plant components add value to skin care formulas by providing stability as well as skin conditioning benefits.

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Functional Cosmetics Market for Skin Care Application Market: Key Competitors

Some of the major market players are

  • Davos Life Science Pte Ltd.
  • Skin Care Lancer
  • Sinerga SpA
  • ADEKA Company
  • Sollice Biotech
  • Skin Care Dr. Brandt

Functional cosmetics market for skin care applications market: segmentation

Type

  • Alpha hydroxy acids [AHAs]
  • Polyhydroxy acids
  • Beta hydroxy acid [Salicylic Acid]
  • Hydroquinone, kojic acid
  • Retinoid, L-ascorbic acid
  • Hyaluronic acid
  • Copper peptide
  • Alpha lipoic acid
  • DMAE [Dimethylaminoethanol]
  • Vitamin C and E
  • Benzoyl peroxide
  • Elastin
  • Niacinamide
  • glycerine
  • Sulfate

Function

  • Cleaning agent
  • Moisturizing agent
  • Brightening agent
  • Anti-aging agent
  • Thickening agent
  • Water binding agent
  • Antibacterial agent

Chemicals and materials industry battles the tangible impact of economic and cultural change, explore Transparency Market Research‘s award-winning coverage of the world Chemicals and Materials Market:

Polymers for Personal Care and Cosmetics Market – https://www.transparencymarketresearch.com/polymers-market-for-personal-care-cosmetics.html

Levulinic Acid Market – https://www.transparencymarketresearch.com/levulinic-acid-market.html

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