Abstract
US demand to increase 7.2% annually through 2012
Demand for cosmeceutical products is expected to increase 7.2 percent per year
to $9.4 billion in 2012, propelled by a stream of new and technologically
advanced product introductions offering age-defying and other
appearanceenhancing benefits for an aging population. The rapid growth of the
cosmeceutical market will continue to be based on a combination of science and
astute marketing, with evidence regarding product claims far from conclusive
in many instances.
Limiting opportunities will be competition from alternative treatments, such
as laser resurfacing and cosmetic surgery, which often offer more dramatic
results, though at a greater cost in terms of time, money and safety.
Cosmeceutical products also face intense pricing competition due to the
growing market penetration of private label cosmeceutical brands and the rapid
commoditization of innovative ingredients and products.
Skin care products to remain dominant segment
Skin care products will account for over 60 percent of all cosmeceutical
product demand in 2012. Anti-aging products will achieve above-average growth,
with gains driven by a highly receptive, fastexpanding group of middle-aged
and relatively affluent consumers who want to prevent or redress visible
damage to the skin caused by aging, ultraviolet radiation and other
environmental stressors. Improved formulations will further promote the use of
age-defying products. Injectable products to see fastest growth
Injectable products are expected to experience the fastest growth among
cosmeceutical products, achieving double-digit annual gains through 2012.
Strong prospects for these products are the result of growing demand and
acceptance on the consumer side and the increasing availability and
proficiency of practitioners. The aging of the US population, an increasingly
competitive work force and continued exposure to beauty "ideals" in
entertainment and advertising are expected to spur continued interest in
professional products.
Botulinum toxin, hyaluronic acid among best prospects
Demand for cosmeceutical chemicals will grow as producers increasingly develop
more effective, value-added active ingredients to add to their product
formulations. Chemicals used in injectable products will drive gains, with
strong advances expected for botulinum toxin, the key ingredient in BOTOX; and
hyaluronic acid, the substance on which recently introduced dermal fillers
RESTYLANE, JUVEDERM and ELEVESS are based. Hyaluronic acid is finding greater
use in over-the-counter age-defying products, particularly skin care items.
Other chemicals expected to record rapid gains include amino acids and
antioxidants (e.g., vitamins A and C), which are the active ingredients in
many anti-aging creams and lotions; botanical extracts, which serve a variety
of cosmeceutical functions; and beta hydroxy acids, which have become an
important ingredient in various skin care products due to their ability to
offer exfoliant and cell renewal properties with less risk of adverse
reactions than other chemicals.
Study coverage
This new Freedonia industry study, Cosmeceuticals presents historical demand
data (1997, 2002, 2007) and forecasts for 2012 and 2017 by product and
chemical. The study also considers market environment factors, evaluates
company market share and profiles leading competitors.
Table of Contents
INTRODUCTION
I. EXECUTIVE SUMMARY
II. MARKET ENVIRONMENT
- General
- Macroeconomic Overview
- Demographic Trends
- Consumer Spending
- Physicians
- Spa Industry Outlook
- Dermatological Conditions
- Hair Loss
- Skin Conditions
- Cosmetic & Toiletry Market
- Skin Care Products
- Hair Care Products
- Oral Hygiene Products
- Other Cosmetics & Toiletries
- Cosmetic Surgery Procedures
- Dermatological Pharmaceutical Overview
- Nanotechnology in Cosmeceuticals
- Regulatory Considerations
- Historical Market Trends
- International Activity & Foreign Trade
III. COSMECEUTICAL PRODUCTS
- General
- Skin Care Cosmeceuticals
- Age-Defying Products
- Types
- Applications
- Acne Preparations
- Professional Acne Preparations
- Over-The-Counter Acne Preparations
- Medicated Lotions
- Sun Care Products
- Other Skin Care Products
- Hair Care Cosmeceuticals
- Hair Growth Products
- Finasteride-Based
- Minoxidil-Based & Other
- Anti-Dandruff Shampoos
- Injectable Cosmeceuticals
- Botulinum Toxin-Based
- Tissue Fillers
- Hyaluronic Acid
- Other Tissue Fillers
- Collagen
- Calcium Hydroxylapatite
- Synthetic Polymers
- Other Injectables
- Lip Care Products
- Tooth Whiteners
- Professional Tooth Whiteners
- Over-The-Counter Tooth Whiteners
- Other Cosmeceutical Products
- Ingestibles
- Color Cosmetics
- Anti-Cellulite/Body Slimming
- Breast/Penis Enhancers
- Hair Growth Retardants
- Nail, Hand & Foot
- All Other Cosmeceutical Products
IV. COSMECEUTICAL CHEMICALS
- General
- Antioxidants
- Vitamin A Compounds
- Vitamin E Compounds
- Vitamin C Compounds
- Coenzyme Q10 & Other
- Sunscreens
- Acids
- Alpha Hydroxy Acids
- Other Acids
- Enzymes
- Botulinum Toxin
- Other Enzymes
- Proteins
- Collagen
- Amino Acids
- Elastin
- Other Proteins
- Botanicals
- Other
- Finasteride
- Minoxidil
- All Other
V. INDUSTRY STRUCTURE
- General
- Market Share
- Cosmeceutical Products
- Cosmeceutical Chemicals
- Marketing & Distribution
- Manufacturing
- Competitive Strategies
- Research & Development
- Cooperative Agreements
- Acquisitions & Divestitures
COMPANY PROFILES
- Active Organics Incorporated
- Allergan Incorporated
- Arch Chemicals Incorporated
- Ashland Incorporated
- Avon Products Incorporated
- BASF SE
- Bayer AG
- Beiersdorf AG
- Ciba Specialty Chemicals Holding Incorporated
- Clariant International Limited
- Clinique Laboratories LLC, see Estee Lauder Companies
- Incorporated
- Cognis Deutschland GmbH & Company KG
- Colgate-Palmolive Company
- Croda International plc
- Desert Whale Jojoba Company Incorporated
- DuPont (EI) de Nemours
- Eastman Chemical Company
- Estee Lauder Companies Incorporated
- Evonik Industries AG
- Galderma SA , see L' Oreal SA
- Groupe Corneal Laboratoires SA, see Allergan
- Indena SpA
- International Specialty Products Incorporated
- Janson Beckett Incorporated
- Johnson & Johnson
- Kao Corporation
- Kyowa Hakko Kogyo Company Limited
- Laboratoires La Prairie AG, see Beiersdorf AG
- Laboratoires Serobiologiques, see Cognis Deutschland GmbH & Company KG
- L' Oreal SA
- McNeil Consumer Healthcare, see Johnson & Johnson
- Medicis Pharmaceutical Corporation
- Merck & Company Incorporated
- Murad Incorporated
- Neutrogena Corporation, see Johnson & Johnson
- NIOXIN Research Laboratories Incorporated, see Procter & Gamble Company
- Novartis AG
- Obagi Medical Products Incorporated
- Ojon Corporation, see Estee Lauder Companies
- OrthoNeutrogena, see Johnson & Johnson
- Oxonica plc, see BASF SE
- PerriconeMD Cosmeceuticals
- Pfizer Incorporated
- Procter & Gamble Company
- Rhodia SA
- RoC, see Johnson & Johnson
- Roche Holding Limited
- Royal DSM NV
- Schering-Plough Corporation
- Sederma SA, see Croda International plc
- SkinMedica Incorporated
- Symrise AG
- The Body Shop International plc, see L' Oreal SA
- Therapeutic Peptides Incorporated, see Symrise AG
- Unilever Group
- Vincience, see International Specialty Products
- Yves Saint Laurent Beaute, see L' Oreal SA
- Other Companies Mentioned in Study
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY
SECTION II -- MARKET ENVIRONMENT
- 1 Macroeconomic Indicators
- 2 Population & Households
- 3 Personal Consumption Expenditures
- 4 Physicians
- 5 Spa Facilities by Type
- 6 Selected Aesthetic-Related Conditions
- 7 Cosmetic & Toiletry Supply & Demand
- 8 Skin Care Product Supply & Demand
- 9 Hair Care Product Supply & Demand
- 10 Oral Hygiene Product Supply & Demand
- 11 Other Cosmetic & Toiletry Product Supply & Demand
- 12 Cosmetic Surgery Procedures
- 13 Dermatological Pharmaceutical Supply & Demand
- 14 Cosmeceutical Chemical Market, 1997-2007
SECTION III -- COSMECEUTICAL PRODUCTS
- 1 Cosmeceutical Product Demand
- 2 Skin Care Cosmeceutical Product Demand
- 3 Age-Defying Cosmeceutical Product Demand
- 4 Acne Preparation Cosmeceutical Product Demand
- 5 Medicated Lotion Cosmeceutical Product Demand
- 6 Sun Protection Cosmeceutical Product Demand
- 7 Other Skin Care Cosmeceutical Product Demand
- 8 Hair Care Cosmeceutical Product Demand
- 9 Hair Growth Cosmeceutical Product Demand
- 10 Anti-Dandruff Cosmeceutical Product Demand
- 11 Injectable Cosmeceutical Product Demand
- 12 Botulinum Toxin Cosmeceutical Product Demand
- 13 Tissue Filler Cosmeceutical Product Demand
- 14 Other Injectable Cosmeceutical Product Demand
- 15 Lip Care Product Demand
- 16 Tooth Whitener Demand
- 17 Other Cosmeceutical Product Demand
SECTION IV -- COSMECEUTICAL CHEMICALS
- 1 Cosmeceutical Chemical Demand
- 2 Antioxidants: Cosmeceutical Applications
- 3 Sunscreens: Cosmeceutical Applications
- 4 Acids: Cosmeceutical Applications
- 5 Enzymes: Cosmeceutical Applications
- 6 Proteins: Cosmeceutical Applications
- 7 Botanicals: Cosmeceutical Applications
- 8 Other Cosmeceutical Chemical Demand
SECTION V -- INDUSTRY STRUCTURE
- 1 US Cosmeceutical Product & Chemical Sales by Company, 2007
- 2 R&D Spending Patterns: Selected Cosmeceutical Suppliers
- 3 Selected Cooperative Agreements
- 4 Selected Acquisitions & Divestitures
LIST OF CHARTS
SECTION III -- COSMECEUTICAL PRODUCTS
- 1 Cosmeceutical Product Demand by Type, 2007
- 2 Skin Care Cosmeceutical Product Demand by Type, 2007
SECTION IV -- COSMECEUTICAL CHEMICALS
- 1 Cosmeceutical Chemical Demand by Type, 2007
SECTION V -- INDUSTRY STRUCTURE
- 1 US Cosmeceutical Product Market Share by Company, 2007
- 2 US Cosmeceutical Chemical Market Share by Company, 2007
