Press release
Cosmetovigilance Market 2024 - Size, Share Analysis, Trends, and Forecast for Growth by 2033
Cosmetovigilance Market
The cosmetovigilance market size is expected to see strong growth in the next few years. It will grow to $4.66 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to increasing regulatory scrutiny, consumer demand for transparency, emerging market dynamics, globalization challenges, collaboration with regulatory bodies, rapid product innovation.. Major trends in the forecast period include incorporation of big data analytics, strategic partnerships for data sharing, heightened focus on post-market surveillance, consumer education initiatives, integration with pharmacovigilance practices..
Market Overview -
Cosmetovigilance refers to industry-wide monitoring to address the security of cosmetics products through a regular monitoring service of cosmetics concerning the regulatory compliances provided by the authorities. It is used for gathering, assessing, and monitoring spontaneous reports of unfavorable outcomes noticed during or after typical or reasonably foreseeable cosmetic product usage.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=10803&type=smp
Surge In Cosmetics Usage To Drive Market Growth
The rising usage of cosmetics is expected to propel the growth of the cosmetovigilance market going forward. Cosmetics refers to a product used on the human body to cleanse, enhance, contribute to attractiveness, change appearance, or maintain or promote healthy skin or hair. Cosmetovigilance helps people using cosmetics to understand the quality of the cosmetic product by analyzing the safety monitoring of cosmetic products. As a result, the rising usage of cosmetics increases the demand for the cosmetovigilance market. For instance, in April 2023, according to Global Cosmetic Industry, a US-based company specializing in beauty, and personal care, U.S. premium beauty sales for Q1 2023 increased 16% year over year and reached $6.6 billion. Further, in January 2021, according to an article shared by Automat.ai, a Canada-based business services, software, and computer software company, in the US, sales of skincare products increased by 13% last year, while sales of makeup items increased by 1%. Therefore, the rising usage of cosmetics is driving the growth of the cosmetovigilance market.
Competitive Landscape -
Major companies operating in the cosmetovigilance market report are PharSafer Associates Ltd., Zeincro GmbH, Skill Pharma Limited, ClinChoice Inc., Poseidon Clinical Research Organization GmbH, AxeRegel AG, Freyr Solutions LLC, OC Vigilance SAS, Pure Drug Safety Inc., Société Générale de Surveillance, Coronis Research S.A., Biorius Inc., B&B Associates LLP, Pharma IQ LLC, Medwork GmbH, iSafety S.L., MSL Solution Providers LLC, Pharmathen SA, Cliantha Research B.V., Veristat LLC, ClinAudits Inc., ProPharma Group International, PrimeVigilance LLC, Arriello Group, Qserve Group Limited, PharmaLex GmbH, ELC Group LLC, Groupe PARIMA, Quality Assistance LLC, PharmInvent NV
Rising Awareness Of Personal Care Drives Growth In The Cosmetovigilance Market
Increasing awareness among people regarding personal care is expected to propel the growth of the cosmetovigilance market going forward. Personal care refers to consumer products that are used in personal hygiene and grooming for self-care and beautification. Cosmetovigilance analyzes the safety monitoring of personal care products and helps people to adopt quality products, as a result, the increasing awareness among the people regarding personal care increases the demand for the cosmetovigilance market. For instance, in 2023, according to Cosmetics Europe, a Belgium-based personal care association, every day,500 million consumers use personal care products to enhance their well-being and protect their health. Additionally, the personal care industry involves approximately USD 31.23 billion (€29 billion) annually to the European economy. Therefore, increasing awareness among people regarding personal care is driving the growth of the cosmetovigilance market.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/cosmetovigilance-global-market-report
Key Segments -
The cosmetovigilance market covered in this report is segmented -
1) By Service Type: Pre-Marketing Services, Post-Marketing Services
2) By Reported Category: Skincare, Makeup, Haircare, Perfumes And Deodorants, Hair Colorants, Other Reported Categories
3) By Service Providers: Clinical Research Organizations (CROs), Business Process Outsourcing (BPOs)
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cosmetovigilance Market 2024 - Size, Share Analysis, Trends, and Forecast for Growth by 2033 here
News-ID: 3477008 • Views: …
More Releases from The Business research company
Exponential Growth Projected for Wireless Communication Chipsets Market, Reachin …
The wireless communication chipsets market size has grown strongly in recent years. It will grow from $21.04 billion in 2023 to $22.53 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to mobile phone revolution, adoption of Bluetooth in consumer electronics, rise of 3G and 4G networks, demand for GPS-enabled devices, increasing internet penetration.
The wireless communication chipsets market…
Rapid Growth Projected for Stock Trading and Investing Apps Market, Reaching $11 …
The stock trading and investing applications market size has grown exponentially in recent years. It will grow from $44.05 billion in 2023 to $52.89 billion in 2024 at a compound annual growth rate (CAGR) of 20.1%. The growth in the historic period can be attributed to growth in the alternative investment options, increased changing investor behaviors, increased accessibility to financial markets, growth in demand for high-speed internet connectivity, increased role…
Sauna and Spa Market to Witness Strong Growth, Reaching $5 Billion by 2028 at a …
The sauna and spa market size has grown strongly in recent years. It will grow from $3.75 billion in 2023 to $3.97 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to cultural heritage, urbanization and stress, rising disposable income, wellness tourism, and medical benefits.
The sauna and spa market size is expected to see strong growth in the…
Portable Car Vacuum Cleaner Market Reaches $10.95 Billion in 2028, Driven by Hyg …
The portable car vacuum cleaner market size has grown strongly in recent years. It will grow from $7.41 billion in 2023 to $8.00 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to the increased focus on vehicle cleanliness and hygiene, rise in awareness about the importance of interior car maintenance, growth of the automotive aftermarket industry, urbanization…
More Releases for Cosmetovigilance
Cosmetovigilance Market Is Booming Worldwide with Cliantha, Freyr, Poseidon
Stay up-to-date and exploit latest trends of Cosmetovigilance Market with latest edition released by AMA.
The latest study released on the Global Cosmetovigilance Market by AMA Research evaluates market size, trend, and forecast to 2027. The Cosmetovigilance market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends,…
Cosmetovigilance Market Key Opportunities, Strategic Assessment Forecast To 2022
Precision Business Insights published a research report on "Cosmetovigilance Market by Type (Skin Care Safety, Hair Colorant Safety, Perfume Safety, Hair Care Product Safety and Others), By Application (Clinical Research Organizations and Business Process Outsourcing) - Global/Region/Country Forecast to 2028".
Cosmetovigilance is a relatively new concept that combines two terms: pharmacovigilance, which refers to activities such as collecting, detecting, evaluating, measuring, and deterring adverse effects while using medications, and…
Cosmetovigilance Market Analysis by Key Players & Industry Size 2027
Allied Market Research published a report, titled, “Cosmetovigilance Market: Global Opportunity Analysis and Industry Forecast, 2020-2027". According to the report, the Global Cosmetovigilance industry garnered $XX billion in 2019, and is expected to generate $xx billion by 2027, witnessing a CAGR of xx% from 2020 to 2027.
Click Here To Access Sample Report https://www.alliedmarketresearch.com/request-sample/11292
Major players analyzed include iSafety, Pharmathen, Skill Pharma, Cliantha, Poseidon CRO, AxeRegel, Freyr, OC Vigilance, FMD K&L…
Global Cosmetovigilance Market To Amass Huge Proceeds During Estimated Timeline
The comprehensive research report titled “Global Cosmetovigilance Market To Amass Huge Proceeds During Estimated Timeline” by Zion Market Research supports the reader by assisting to accumulate all possible strategies based on valuable insights in order to maintain the correct tempo with the changing dynamics of the market in the present as well as few years down the line.
Global Cosmetovigilance Market research report focuses on several trends, drivers, restraints and opportunities…
Cosmetovigilance Market is Booming Worldwide: AxeRegel, PharSafer, Freyr
The Cosmetovigilance Market has witnessed continuous growth in the last few years and is projected to grow even further during the forecast period of 2020-2026. The exploration provides a 360 view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies…
Global Cosmetovigilance Market Growth (Status and Outlook) 2019-2024
LP INFORMATION offers a latest published report on Cosmetovigilance Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Cosmetovigilance market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report…
