Functional Cosmetics Market - Top Companies and Manufacturers

Companies Dominating the Functional Cosmetics Landscape

Ashland Global Specialty Chemicals Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Stepan Company
BASF SE
Nouryon Chemicals Holding B.V.
Clariant AG
Evonik Industries AG
SEPPIC SA
Lucas Meyer Cosmetics Canada Inc.
Columbia PhytoTechnology LLC
Eastman Chemical Company

Browse Key Market Insights with Data Illustration:

Functional Cosmetics Market Size & Share, Growth Report 2036

In the News

In April 2022, Nouryon launched SolAmaze Natural, a new natural polymer designed for use in sunscreen formulations. This bio-based and biodegradable polymer integrates seamlessly with both organic and synthetic sunscreen ingredients.
January, 2022: Clariant AG announced the successful results of its collaborative venture with Ruihua Technology, which is a catalyst engineering company. Clariant demonstrated the new catalyst StyroMax UL3 catalyst, which is now being manufactured at Risun’s new styrene monomer plant located in Tangshan, China.
In 2021, Unilever revealed its acquisition of Paula’s Choice, a skincare brand recognized for its scientific rigor and transparency. This acquisition is set to enhance Unilever's portfolio of clean and sustainable skincare solutions.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of functional cosmetics is assessed at USD 3.59 billion.

Functional Cosmetics Market size was over USD 3.44 billion in 2023 and is likely to reach USD 6.9 billion by 2036, witnessing around 5.5% CAGR during the forecast period i.e., between 2024-2036. Growing skin care trends amongst the youth will boost the market growth.

Asia Pacific industry is predicted to account for largest revenue share by 2036, owing to increasing global adoption of traditional skincare methods.

The major players in the market are Stepan Company, BASF SE, Nouryon Chemicals Holding B.V., Clariant AG, Evonik Industries AG, SEPPIC SA, Lucas Meyer Cosmetics Canada Inc., Columbia PhytoTechnology LLC, Eastman Chemical Company, and others.

Functional Cosmetics Market - Top Companies and Manufacturers

Companies Dominating the Functional Cosmetics Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What is the size of the functional cosmetics market?

Why is the functional cosmetics sector gaining traction in near future?

Which region accounted for the largest functional cosmetics industry share?

Who are the major functional cosmetics players?