Product Code: BMIRE00031951
The Europe cosmetic polymer ingredients market was valued at approximately USD 1,862.89 million in 2023 and is projected to grow to USD 2,711.20 million by 2031, reflecting a compound annual growth rate (CAGR) of 4.8% during the forecast period.
E-Commerce Boosting Sales of Beauty Products
The rise of e-commerce has significantly changed how consumers shop for beauty products. With the increasing use of smartphones and internet access, along with higher consumer purchasing power and the convenience of online shopping, the e-commerce sector is thriving. A report by Bolt in May 2023 indicated that 57% of Gen Z consumers are willing to pay 11-20% more for beauty products when shopping on customized and curated online platforms.
Leading cosmetics companies are leveraging advanced technologies such as artificial intelligence (AI), augmented reality (AR), and machine learning to create personalized beauty solutions. For instance, L'Oreal is utilizing data analysis and AI to provide tailored beauty experiences through smart devices and digital services. The company plans to showcase innovations under the theme "Beauty for Each, Powered by Beauty Tech" at the Viva Technology event in Paris in 2024. This includes a GenAI-powered personal beauty assistant, a GenAI Beauty Content Lab named CREAITECH, and advanced skincare devices, among other innovations. By integrating these modern technologies, companies can enhance consumer trust, leading to increased product sales and driving growth in the cosmetic polymer ingredients market.
Overview of the Europe Cosmetic Polymer Ingredients Market
Europe stands as a global leader in the personal care and cosmetics sector, with the European Union being a major exporter of cosmetic products worldwide. The region's growing focus on wellness and health is propelling cosmetic production. According to Cosmetics Europe - The Personal Care Association, the European cosmetics market was valued at around USD 95 billion at retail prices in 2022, with Germany, France, and Italy being the top markets.
Consumer demand for natural and polymer ingredients in cosmetics is rising, driven by a preference for healthy and clear skin. This trend is fostering a shift towards plant-based extracts and naturally sourced collagen, which in turn boosts the demand for cosmetic polymer ingredients in Europe.
Market Segmentation Analysis
The Europe cosmetic polymer ingredients market is segmented by type, category, function, application, and country:
- By Type: The market includes polyethylene glycol, acrylic acid-based polymers, vinyl acetate, silicone, cellulose, collagen, pectin, xanthan gum, chitosan, and others. In 2023, the silicone segment dominated the market share.
- By Category: The market is divided into natural, synthetic, and semi-synthetic categories, with the synthetic segment holding the largest share in 2023.
- By Function: The market is categorized into rheology modifiers, stabilizers, emulsifiers, film formers, conditioning agents, and others. The rheology modifier segment was the largest in 2023.
- By Application: The applications include skincare, hair care, makeup, and others, with skincare being the leading segment in terms of market share in 2023.
- By Country: The market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe, with the Rest of Europe segment holding the largest share in 2023.
Key Players in the Market
Prominent companies in the Europe cosmetic polymer ingredients market include 3V Sigma S.p.A., Arkema SA, Ashland Inc., BASF SE, Cargill, Incorporated, Clariant AG, Derypol, Evonik Industries AG, Nouryon Chemicals Holding BV, Sensient Technologies Corp, SNF, Solvay SA, SOPHIM IBERIA S.L, The Dow Chemical Co, and The Lubrizol Corporation. These companies are at the forefront of innovation and development in the cosmetic polymer ingredients sector.
Table Of Contents
1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
- 2.1 Key Insights
- 2.2 Market Attractiveness
3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
4. Europe Cosmetic Polymer Ingredients Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 Raw Material Suppliers
- 4.2.2 Cosmetic Polymer Ingredient Manufacturers
- 4.2.3 Distributors/Suppliers
- 4.2.4 End-Use Industry
- 4.2.5 List of Vendors in the Value Chain
- 4.3 Porters Analysis
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of New Entrants
- 4.3.4 Intensity of Competitive Rivalry
- 4.3.5 Threat of Substitutes
5. Europe Cosmetic Polymer Ingredients Market - Key Market Dynamics
- 5.1 Europe Cosmetic Polymer Ingredients Market - Key Market Dynamics
- 5.2 Market Drivers
- 5.2.1 Increasing Demand for Personal Care Products and Cosmetics
- 5.2.2 Rising Sales of Beauty Products through E-Commerce
- 5.3 Market Restraints
- 5.3.1 Adverse Effects of Synthetic Cosmetic Polymer Ingredients
- 5.4 Market Opportunities
- 5.4.1 Strategic Initiatives by Key Market Players
- 5.5 Future Trends
- 5.5.1 Consumer Preference for Natural Products
- 5.6 Impact Analysis
6. Europe Cosmetic Polymer Ingredients Market Analysis
- 6.1 Europe Cosmetic Polymer Ingredients Market Volume (Kilo Tons), 2021-2031
- 6.2 Europe Cosmetic Polymer Ingredients Market Volume Forecast and Analysis (Kilo Tons)
- 6.3 Europe Cosmetic Polymer Ingredients Market Revenue (US$ Million), 2023-2031
- 6.4 Europe Cosmetic Polymer Ingredients Market Forecast and Analysis
7. Europe Cosmetic Polymer Ingredients Market Volume and Revenue Analysis - by Type
- 7.1 Polyethylene Glycol
- 7.1.1 Overview
- 7.1.2 Polyethylene Glycol: Europe Cosmetic Polymer Ingredients Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.1.3 Polyethylene Glycol: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.2 Acrylic Acid-Based
- 7.2.1 Overview
- 7.2.2 Acrylic Acid-Based: Europe Cosmetic Polymer Ingredients Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.2.3 Acrylic Acid-Based: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.3 Vinyl Acetate
- 7.3.1 Overview
- 7.3.2 Vinyl Acetate: Europe Cosmetic Polymer Ingredients Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.3.3 Vinyl Acetate: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.4 Silicone
- 7.4.1 Overview
- 7.4.2 Silicone: Europe Cosmetic Polymer Ingredients Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.4.3 Silicone: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.5 Cellulose
- 7.5.1 Overview
- 7.5.2 Cellulose: Europe Cosmetic Polymer Ingredients Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.5.3 Cellulose: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.6 Collagen
- 7.6.1 Overview
- 7.6.2 Collagen: Europe Cosmetic Polymer Ingredients Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.6.3 Collagen: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.7 Pectin
- 7.7.1 Overview
- 7.7.2 Pectin: Europe Cosmetic Polymer Ingredients Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.7.3 Pectin: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.8 Xanthan Gum
- 7.8.1 Overview
- 7.8.2 Xanthan Gum: Europe Cosmetic Polymer Ingredients Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.8.3 Xanthan Gum: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.9 Chitosan
- 7.9.1 Overview
- 7.9.2 Chitosan: Europe Cosmetic Polymer Ingredients Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.9.3 Chitosan: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 7.10 Others
- 7.10.1 Overview
- 7.10.2 Others: Europe Cosmetic Polymer Ingredients Market - Volume and Forecast, 2021-2031 (Kilo Tons)
- 7.10.3 Others: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
8. Europe Cosmetic Polymer Ingredients Market Revenue Analysis - by Category
- 8.1 Natural
- 8.1.1 Overview
- 8.1.2 Natural: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.2 Synthetic
- 8.2.1 Overview
- 8.2.2 Synthetic: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 8.3 Semi-Synthetic
- 8.3.1 Overview
- 8.3.2 Semi-Synthetic: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
9. Europe Cosmetic Polymer Ingredients Market Revenue Analysis - by Function
- 9.1 Rheology Modifier
- 9.1.1 Overview
- 9.1.2 Rheology Modifier: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 9.2 Stabilizers
- 9.2.1 Overview
- 9.2.2 Stabilizers: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 9.3 Emulsifiers
- 9.3.1 Overview
- 9.3.2 Emulsifiers: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 9.4 Film Formers
- 9.4.1 Overview
- 9.4.2 Film Formers: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 9.5 Conditioning
- 9.5.1 Overview
- 9.5.2 Conditioning: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
10. Europe Cosmetic Polymer Ingredients Market Revenue Analysis - by Application
- 10.1 Skincare
- 10.1.1 Overview
- 10.1.2 Skincare: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.2 Hair Care
- 10.2.1 Overview
- 10.2.2 Hair Care: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.3 Makeup
- 10.3.1 Overview
- 10.3.2 Makeup: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 10.4 Others
- 10.4.1 Overview
- 10.4.2 Others: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
11. Europe Cosmetic Polymer Ingredients Market - Country Analysis
- 11.1 Europe
- 11.1.1 Europe Cosmetic Polymer Ingredients Market Revenue and Forecast and Analysis - by Country
- 11.1.1.1 Europe Cosmetic Polymer Ingredients Market Volume and Forecast and Analysis - by Country
- 11.1.1.2 Europe Cosmetic Polymer Ingredients Market Revenue and Forecast and Analysis - by Country
- 11.1.1.3 Germany: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 11.1.1.3.1 Germany: Europe Cosmetic Polymer Ingredients Market Share - by Type
- 11.1.1.3.2 Germany: Europe Cosmetic Polymer Ingredients Market Share - by Category
- 11.1.1.3.3 Germany: Europe Cosmetic Polymer Ingredients Market Share - by Function
- 11.1.1.4 France: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 11.1.1.4.1 France: Europe Cosmetic Polymer Ingredients Market Share - by Type
- 11.1.1.4.2 France: Europe Cosmetic Polymer Ingredients Market Share - by Category
- 11.1.1.4.3 France: Europe Cosmetic Polymer Ingredients Market Share - by Function
- 11.1.1.4.4 France: Europe Cosmetic Polymer Ingredients Market Share - by Application
- 11.1.1.5 Italy: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 11.1.1.5.1 Italy: Europe Cosmetic Polymer Ingredients Market Share - by Type
- 11.1.1.5.2 Italy: Europe Cosmetic Polymer Ingredients Market Share - by Category
- 11.1.1.5.3 Italy: Europe Cosmetic Polymer Ingredients Market Share - by Function
- 11.1.1.5.4 Italy: Europe Cosmetic Polymer Ingredients Market Share - by Application
- 11.1.1.6 United Kingdom: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 11.1.1.6.1 United Kingdom: Europe Cosmetic Polymer Ingredients Market Share - by Type
- 11.1.1.6.2 United Kingdom: Europe Cosmetic Polymer Ingredients Market Share - by Category
- 11.1.1.6.3 United Kingdom: Europe Cosmetic Polymer Ingredients Market Share - by Function
- 11.1.1.6.4 United Kingdom: Europe Cosmetic Polymer Ingredients Market Share - by Application
- 11.1.1.7 Russia: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 11.1.1.7.1 Russia: Europe Cosmetic Polymer Ingredients Market Share - by Type
- 11.1.1.7.2 Russia: Europe Cosmetic Polymer Ingredients Market Share - by Category
- 11.1.1.7.3 Russia: Europe Cosmetic Polymer Ingredients Market Share - by Function
- 11.1.1.7.4 Russia: Europe Cosmetic Polymer Ingredients Market Share - by Application
- 11.1.1.8 Rest of Europe: Europe Cosmetic Polymer Ingredients Market - Revenue and Forecast, 2021-2031 (US$ Million)
- 11.1.1.8.1 Rest of Europe: Europe Cosmetic Polymer Ingredients Market Share - by Type
- 11.1.1.8.2 Rest of Europe: Europe Cosmetic Polymer Ingredients Market Share - by Category
- 11.1.1.8.3 Rest of Europe: Europe Cosmetic Polymer Ingredients Market Share - by Function
- 11.1.1.8.4 Rest of Europe: Europe Cosmetic Polymer Ingredients Market Share - by Application
12. Competitive Landscape
- 12.1 Heat Map Analysis by Key Players
- 12.2 Company Positioning & Concentration
13. Industry Landscape
- 13.1 Overview
- 13.2 Mergers & Acquisitions
- 13.3 Expansions
- 13.4 Collaborations
- 13.5 New Product Launch
- 13.6 Other Developments
14. Company Profiles
- 14.1 SNF
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
- 14.2 Cargill, Incorporated
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
- 14.3 The Dow Chemical Co
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
- 14.4 BASF SE
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
- 14.5 Evonik Industries AG
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
- 14.6 Clariant AG
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
- 14.7 Ashland Inc
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
- 14.8 Solvay SA
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
- 14.9 Arkema SA
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
- 14.10 Nouryon Chemicals Holding BV
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments
- 14.11 Sensient Technologies Corp
- 14.11.1 Key Facts
- 14.11.2 Business Description
- 14.11.3 Products and Services
- 14.11.4 Financial Overview
- 14.11.5 SWOT Analysis
- 14.11.6 Key Developments
- 14.12 The Lubrizol Corporation
- 14.12.1 Key Facts
- 14.12.2 Business Description
- 14.12.3 Products and Services
- 14.12.4 Financial Overview
- 14.12.5 SWOT Analysis
- 14.12.6 Key Developments
- 14.13 SOPHIM IBERIA S.L.
- 14.13.1 Key Facts
- 14.13.2 Business Description
- 14.13.3 Products and Services
- 14.13.4 Financial Overview
- 14.13.5 SWOT Analysis
- 14.13.6 Key Developments
- 14.14 Derypol
- 14.14.1 Key Facts
- 14.14.2 Business Description
- 14.14.3 Products and Services
- 14.14.4 Financial Overview
- 14.14.5 SWOT Analysis
- 14.14.6 Key Developments
- 14.15 3V Sigma S.p.A.
- 14.15.1 Key Facts
- 14.15.2 Business Description
- 14.15.3 Products and Services
- 14.15.4 Financial Overview
- 14.15.5 SWOT Analysis
- 14.15.6 Key Developments
15. Appendix