CHICAGO, July 5, 2022 /PRNewswire/ — According to the new market research report “Cosmetic Preservatives Market by Type (Paraben Esters, Formaldehyde Donors, Phenol Derivatives, Alcohols, Inorganics, Quaternary Compounds, Organic Acids & Their Salts), Application and Region (North America, Europe, APAC, RoW) – Global Forecast to 2027″, published by MarketsandMarkets™, the Cosmetic Preservatives Market is estimated to be USD 410 million in 2022 and is projected to reach USD 562 million by 2027, at a CAGR of 6.5% between 2022 and 2027. The growing supply of cosmetic preservatives due to forward integration of major chemical companies is one of the most significant factors projected to drive the growth of the cosmetic preservatives market.
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Lotions, Facemasks, Sunscreens, & Scrubs is the fastest-growing segment in cosmetic preservatives market, in terms of value and volume.
Lotions, Facemasks, Sunscreens, & Scrubs is expected to be the fastest-growing segment in the cosmetic preservatives market during the forecast period. This growth can be attributed to various factors such as rising awareness among people relating to skincare, easily…