At 5.7% CAGR, Global Cosmetic Preservatives Market to Reach USD 2,246.5 Million by 2032, According to Astute Analytica [Yahoo! Finance]
CLARIANT AG UNSP/ADR (CLZNY)
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Source: Yahoo! Finance
Wherein, consumer awareness about beauty products, demand for quality upgrades in cosmetic products, and a shift towards natural and organic preservatives due to safety and environmental concerns shaping the market momentum. The trend towards natural and organic preservatives is particularly notable. New Delhi, Feb. 19, 2024 (GLOBE NEWSWIRE) -- According to the latest research report, covering over 215 pages, the global cosmetic preservatives market , valued at US$ 1,364.7 million in 2023, is projected to reach a market valuation of US$ 2,246.5 million by 2032. This growth represents a compound annual growth rate (CAGR) of 5.7% during the forecast period from 2024 to 2032. As per Astute Analytica, market players are increasingly focusing on the cosmetic preservatives, recognizing its prominent role in ensuring product safety and longevity. The market is experiencing swift growth, driven by a surge in demand for cosmetics with "natural claims" preservatives, expansion into new mark
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