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From 2023 to 2030, the forecast period, the global Alpha Hydroxy Acid Market is projected to grow at a CAGR of 9.5%, reaching $3.32 billion. As a result of global warming, the demand for skincare products such sunscreen lotions, creams, serums, and others containing alpha hydroxy acids has skyrocketed. Preventing the onset of premature aging, boosting production of elastin and collagen, and improving circulation are major factors driving the need for AHA products.
Because of its ability to clean, condition, moisturize, and detangle hair, AHAs are frequently used in shampoos and conditioners. They are great for use in shampoos because they keep hair hydrated while effectively washing away grime, pollution, and other particles. The AHA industry will expand as a result of the growing popularity of hair care apps due to rising consumer interest in self-care and grooming activities. Market expansion is anticipated on the back of innovations aimed at reducing hair breakage through the use of lubricants, making detangling easier, and shielding hair from heat styling equipment.
The global hair care market was worth USD 75 million in 2020, and Euromonitor predicts double-digit growth over the next five years, which will increase demand for alpha hydroxy acids. Business demand for personal care goods has increased thanks to innovations in social commerce, digital diagnostics, and E-makeup; this trend is anticipated to fuel growth in the alpha-hydroxy acid market share throughout the projection period. Demand for alpha hydroxy acid has been boosted by the bright future of the cosmetics, skin care, hair care, and fragrance industries. Additionally, global market size will be driven by people's increasing lifestyle awareness and concern with their appearance.
Many beauty products contain alpha-hydroxy acids (AHAs), a class of acids found in both plant and animal sources. These include the likes of chemical peels in addition to more common anti-aging products like lotions, toners, and serums. In most cases, AHA helps the skin peel so that new skin cells may be produced. Users report that their skin looks and feels more even and smooth after using it. Products containing AHA are promoted for a number of reasons, including their ability to lessen the visibility of fine lines and surface wrinkles, improve the skin's tone and texture, clear out pores, and fortify the skin's health. The pH (acidity/alkalinity) of cosmetics can be adjusted, for instance, with the help of AHAs. The Food and Drug Administration has reviewed research suggesting that alpha hydroxy acid (AHA)-containing cosmetics may increase photosensitivity.
After discontinuation, it may increase sunburn risk because of increased skin sensitivity. As a result, increased awareness of potential adverse effects such skin sensitivity, burning, irritation, and redness may slow the market's expansion. It is expected that the alpha-hydroxy acid market share will grow during the projected period, despite the fact that the demand for personal care products has increased due to new product advancements and technical enhancements such as social commerce, digital diagnostics, and E-makeup. Demand for alpha hydroxy acid has been rising due to the industry's bright forecast in the beauty, fragrance, haircare, and skincare markets. Hair loss can be avoided with the help of AHA since it creates a lubricant in the hair that aids in detangling and shields the hair from the damaging effects of heat styling products. Preventing the onset of premature aging, boosting production of elastin and collagen, and improving circulation are major factors driving the need for AHA products. Rising pollution and poor dietary habits are leading to more and more people experiencing skin problems, which should be good news for the cosmetics industry as a whole. As a result of global warming, the demand for skincare products such sunscreen lotions, creams, serums, and others containing alpha hydroxy acids has skyrocketed.
Alpha hydroxy acid is expected to be driven by the Skin Care Industry, its largest user. When used as an exfoliation, alpha hydroxy acids help remove dry, flaky skin. The Global Market for Alpha Hydroxy Acid is expected to grow as a result of the benefits that glycolic acid and citric acid bring to the skin (removal of dead skin cells and brightening, respectively). In India, the market for color cosmetics is among the most rapidly expanding subsets of the personal care industry. Over the period from 2015 to 2020, its worth is projected to increase from USD 1 billion to USD 2 billion. The Indian Cosmetic Industry is expanding at a rate of 15-20% every year. This sector covers skincare, haircare, color cosmetics, perfumes, sun care, and oral care. By breaking down existing collagen strands, AHAs stimulate the creation of new collagen. Anti-inflammatory characteristics included in AHAs boost blood flow to the skin, erasing the causes of a pale and lifeless complexion. The Global Alpha Hydroxy Acid Industry is being propelled by the skyrocketing demand in the market. As a result, Alpha Hydroxy Acid's popularity in the skin care industry is predicted to fuel expansion in this sector.
Report Coverage
Global Alpha Hydroxy Acid research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Alpha Hydroxy Acid report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Alpha Hydroxy Acid competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Alpha Hydroxy Acid market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Alpha Hydroxy Acid market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Alpha Hydroxy Acid market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Cargill, Bulk Actives, Corbion, Parchem, Jungbunzlauer Suisse AG, Crosschem, Ava Chemicals, Mehul Dye Chem Industries, Airedale Chemical Company Limited, the Chemours Company, Sculptra Aesthetics, Lotion crafter, H Plus Limited, Tokyo Chemical Industry.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Alpha Hydroxy Acid market based on the below-mentioned segments:
Global Alpha Hydroxy Acid Market, By Product
Glycolic Acid
Lactic Acid
Citric Acid
Others
Global Alpha Hydroxy Acid market, By Application
Cosmetics
Dermal
Global Alpha Hydroxy Acid market, Regional Analysis
Because of its ability to clean, condition, moisturize, and detangle hair, AHAs are frequently used in shampoos and conditioners. They are great for use in shampoos because they keep hair hydrated while effectively washing away grime, pollution, and other particles. The AHA industry will expand as a result of the growing popularity of hair care apps due to rising consumer interest in self-care and grooming activities. Market expansion is anticipated on the back of innovations aimed at reducing hair breakage through the use of lubricants, making detangling easier, and shielding hair from heat styling equipment.
The global hair care market was worth USD 75 million in 2020, and Euromonitor predicts double-digit growth over the next five years, which will increase demand for alpha hydroxy acids. Business demand for personal care goods has increased thanks to innovations in social commerce, digital diagnostics, and E-makeup; this trend is anticipated to fuel growth in the alpha-hydroxy acid market share throughout the projection period. Demand for alpha hydroxy acid has been boosted by the bright future of the cosmetics, skin care, hair care, and fragrance industries. Additionally, global market size will be driven by people's increasing lifestyle awareness and concern with their appearance.
Many beauty products contain alpha-hydroxy acids (AHAs), a class of acids found in both plant and animal sources. These include the likes of chemical peels in addition to more common anti-aging products like lotions, toners, and serums. In most cases, AHA helps the skin peel so that new skin cells may be produced. Users report that their skin looks and feels more even and smooth after using it. Products containing AHA are promoted for a number of reasons, including their ability to lessen the visibility of fine lines and surface wrinkles, improve the skin's tone and texture, clear out pores, and fortify the skin's health. The pH (acidity/alkalinity) of cosmetics can be adjusted, for instance, with the help of AHAs. The Food and Drug Administration has reviewed research suggesting that alpha hydroxy acid (AHA)-containing cosmetics may increase photosensitivity.
After discontinuation, it may increase sunburn risk because of increased skin sensitivity. As a result, increased awareness of potential adverse effects such skin sensitivity, burning, irritation, and redness may slow the market's expansion. It is expected that the alpha-hydroxy acid market share will grow during the projected period, despite the fact that the demand for personal care products has increased due to new product advancements and technical enhancements such as social commerce, digital diagnostics, and E-makeup. Demand for alpha hydroxy acid has been rising due to the industry's bright forecast in the beauty, fragrance, haircare, and skincare markets. Hair loss can be avoided with the help of AHA since it creates a lubricant in the hair that aids in detangling and shields the hair from the damaging effects of heat styling products. Preventing the onset of premature aging, boosting production of elastin and collagen, and improving circulation are major factors driving the need for AHA products. Rising pollution and poor dietary habits are leading to more and more people experiencing skin problems, which should be good news for the cosmetics industry as a whole. As a result of global warming, the demand for skincare products such sunscreen lotions, creams, serums, and others containing alpha hydroxy acids has skyrocketed.
Alpha hydroxy acid is expected to be driven by the Skin Care Industry, its largest user. When used as an exfoliation, alpha hydroxy acids help remove dry, flaky skin. The Global Market for Alpha Hydroxy Acid is expected to grow as a result of the benefits that glycolic acid and citric acid bring to the skin (removal of dead skin cells and brightening, respectively). In India, the market for color cosmetics is among the most rapidly expanding subsets of the personal care industry. Over the period from 2015 to 2020, its worth is projected to increase from USD 1 billion to USD 2 billion. The Indian Cosmetic Industry is expanding at a rate of 15-20% every year. This sector covers skincare, haircare, color cosmetics, perfumes, sun care, and oral care. By breaking down existing collagen strands, AHAs stimulate the creation of new collagen. Anti-inflammatory characteristics included in AHAs boost blood flow to the skin, erasing the causes of a pale and lifeless complexion. The Global Alpha Hydroxy Acid Industry is being propelled by the skyrocketing demand in the market. As a result, Alpha Hydroxy Acid's popularity in the skin care industry is predicted to fuel expansion in this sector.
Report Coverage
Global Alpha Hydroxy Acid research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Alpha Hydroxy Acid report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Alpha Hydroxy Acid competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Alpha Hydroxy Acid market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Cargill, Bulk Actives, Corbion, Parchem, Jungbunzlauer Suisse AG, Crosschem, Ava Chemicals, Mehul Dye Chem Industries, Airedale Chemical Company Limited, the Chemours Company, Sculptra Aesthetics, Lotion crafter, H Plus Limited, Tokyo Chemical Industry. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Alpha Hydroxy Acid Market from 2021 to 2030.
- Market Forecast for Alpha Hydroxy Acid Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Alpha Hydroxy Acid competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Alpha Hydroxy Acid
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Alpha Hydroxy Acid market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Alpha Hydroxy Acid market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Cargill, Bulk Actives, Corbion, Parchem, Jungbunzlauer Suisse AG, Crosschem, Ava Chemicals, Mehul Dye Chem Industries, Airedale Chemical Company Limited, the Chemours Company, Sculptra Aesthetics, Lotion crafter, H Plus Limited, Tokyo Chemical Industry.
Primary Target Market
- Market Players of Alpha Hydroxy Acid
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Alpha Hydroxy Acid market based on the below-mentioned segments:
Global Alpha Hydroxy Acid Market, By Product
Glycolic Acid
Lactic Acid
Citric Acid
Others
Global Alpha Hydroxy Acid market, By Application
Cosmetics
Dermal
Global Alpha Hydroxy Acid market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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