New York, Sept. 18, 2019 (GLOBE NEWSWIRE) -- The increasing demand for cosmetics across the Asia Pacific region, among the aging population and advent of modern lifestyle are propelling the market for cosmetic antioxidants.
The global cosmetic antioxidants market is forecast to reach USD 190.2 Million by 2026, according to a new report by Reports and Data. Cosmetic antioxidants are specialty ingredients that protects skin cells from getting damaged, and it also slows down the aging process.
The rate of air pollution is rising due to industrialization and urbanization all around the world. Air Pollution causes early skin aging, dryness, wrinkles, acne, pigmentation, cellular damage, and hair fall. The rise in health issues caused by air pollution has encouraged both young and elderly population to use antioxidant cosmetics. The antioxidant cosmetics protect the skin from UV rays and other harmful air pollutants. The price of natural antioxidants is very high, which are acting as a restraint to the market of cosmetic antioxidants.
The above-mentioned factors collectively generate possibilities for the market growth, while factors such as adverse effects of synthetic cosmetic antioxidants pose limitations in the market. However, each factor would have a definite influence on the market during the forecast period. Consistent developments in the cosmetic antioxidants market owing to innovative efforts have enhanced the efficiency of cosmetic antioxidants.
The Asia Pacific region holds the largest market share for the cosmetic antioxidants market in 2018, because the young population is becoming aware of personal wellness and hygiene. The population of this region is inclined towards cosmetics for protection from the air pollutants and UV rays. It is observed that several online e-commerce sites are selling cosmetic antioxidants from this region which is propelling the market growth of cosmetic antioxidants.
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Further key findings from the report suggest
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Segments covered in the report:
For the purpose of this report, Reports and Data have segmented into the global market on the basis of source type, function type, type, application, and region:
Source Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)
Function Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)
Type Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)
Applications Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)
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Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016-2026)
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