The active ingredients cosmetics market is predicted to be worth over $8 billion by 2027, with nanotechnology propelling demand.
This is according to the latest research from Arizton, which states: “In recent years, the cosmetics industry has enthusiastically adopted nanotechnology by taking inspiration from its early involvement in biotechnology and bioscience.
“Several nano-based products have been developed by exploiting various nanomaterials of different compositions, shapes and sizes. These were mainly chosen for their ability to overcome common limitations of cosmetics by enhancing penetration, improving the stability of ingredients, controlling the release of active ingredients, and functioning themselves as active agents.
“The application of plant-active ingredients in functional cosmetics often has several issues, such as poor solubility and stability, low skin permeability and skin irritation, which limit the application of plant-active ingredients in functional cosmetics. Nanocarrier technology is expected to solve these problems and expand the application of plant-active ingredients in active cosmetics.”
To make the most of the opportunities, Arizton believes that market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.