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Analysts say the market is rapidly expanding with multifunctional ingredients.
May 14, 2026
By: Lianna Albrizio
Associate Editor
The cosmetic preservatives market is projected to soar over $1 billion in sales by 2031, according to a new report from MarketsAndMarkets.
Analysts say the cosmetic preservatives market is rapidly expanding as consumers become more aware of hygiene and seek products that remain fresh for longer periods.
The market, consequently, is undergoing a significant transformation as businesses increasingly prefer multifunctional ingredients, as reported in Happi. This shift allows formulators to create paraben-free products, said the report.
The color cosmetics segment is set to grow in the cosmetic preservatives market during the forecast period, said the report.
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