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Cosmetic Raw Materials Demand Growth Boosts Mingya’s Role
In recent years, the global cosmetics raw material market has maintained stable growth, the Asia-Pacific region, especially the Chinese market, has performed well, and the field of high-efficiency active ingredients such as active peptides and biotechnology raw materials has increased significantly.According to industry forecasts, the compound annual growth rate of such raw materials will exceed 3.6%, promoting the continuous upgrading of the industry to high-end, functional and green. This...
Cosmetic Raw Materials Industry Grows, Mingya Accelerates Supply
At present, the cosmetic raw material industry is ushering in a period of rapid development, and authoritative data clearly confirm this trend.Global Information's report "Market Forecast for Functional Cosmetic Raw Materials to 2030" shows that the global market for functional Cosmetic Raw Materials will reach US 33.52 billion in 2024, and it is expected to grow at a compound annual growth rate of 7.8% by 2030, eventually reaching US 66.41 billion.The domestic market is also hot. Data from...
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