According to a new market report published by Lucintel, the future of microbeads in cosmetic product market looks promising with opportunities in the cosmetics and personal care products.Microbeads in the global cosmetics product market is expected to grow at a CAGR of 19% to 21% from 2023 to 2028. The major growth drivers for this market are change in lifestyles coupled with increasing willingness of consumer to spend on premium products.
In this market, glass microspheres, polymer microspheres, ceramic microspheres, and metallic microspheres are used cosmetic and personal care industry.
North America is expected to remain the largest region over the forecast period due to significant growth of cosmetics and personal care industries, increasing R&D investments by manufactures along with technological innovations.
Momentive Performance Materials, Nouryon, 3M, Chase corporation, PQ Corporation, Sigmund Linder, and others are among the major suppliers of microbeads in cosmetic product.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global microbeads in cosmetic product market by product type, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Microbeads in Cosmetic Product Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global microbeads in cosmetic product market by product type, end use industry, and region as follows:
Global Microbeads in Cosmetic Product Market by Product Type [Value ($M) Shipment Analysis from 2017 to 2028]:
· Glass Microspheres
· Polymer Microspheres
· Ceramic Microspheres
· Metallic Microspheres
Global Microbeads in Cosmetic Product Market by End Use Industry [Value ($M) shipment analysis from 2017 to 2028]:
· Cosmetic
· Personal Care
· Others
Global Microbeads in Cosmetic Product Market by Region [Value ($M) Shipment Analysis from 2017 to 2028]:
· North America
· Europe
· Asia Pacific
· The Rest of the World
A more than 150 pages and in-depth TOC on “Global Microbeads in Cosmetic Product Market". To download report brochure, please go to
https://www.lucintel.com and click "report brochure" tab from the menu.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the microbeads in cosmetic product market by product type (glass microspheres, ceramic microspheres, polymer microspheres, and metallic microspheres), end use industry (cosmetic, personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?