Environment-Friendly Ingredients Will Drive Growth In Cosmetics, Personal Care Markets In 2013, Study Says

Natural ingredients will drive the cosmetics and personal care market in 2013, according to 40 percent of respondents who took part in the SpecialChem Community’s online survey. Also, according to 22 percent of respondents, growing demand in developing markets will drive growth in the cosmetics market. Growing customer awareness was picked by 15.4 percent of respondents as the factor most likely to drive growth in the market, while 7.1 percent said legislation will play a leading role. Technological developments at 6.6 percent reflected respondents’ belief that new technology is not likely to have a significant impact on the market.