Cosmetovigilance Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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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) and Geography

 

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Report

Description

Cosmetovigilance Market Size was valued at USD 3.1 billion in 2021. It is expected to reach a value of USD 4.72 billion by 2028, growing at a CAGR of 6.2% form 2022-2028. Growing adoption of cosmetic products in developed and developing countries, increase in the purchasing power of consumers, rise in importance of aesthetic appearance, favorable government regulations and technological advances in cosmetovigilance softwares are some key factors fueling the market growth However, factors such as lack of awareness is hampering the market growth. Cosmetovigilance is a relatively new term that combines the terms pharmacovigilance and cosmetics. Pharmacovigilance refers to activities like gathering, detecting, evaluating, measuring, and preventing adverse effects while using medications. Cosmetics, on the other hand, are goods used by people to enhance attractiveness, change appearance, or otherwise improve their appearance. Cosmetovigilance is a service that continuously monitors the regulatory compliances of cosmetics as specified by the authorities. It is the ongoing and systematic examination of the impact of cosmetics on human health.

Cosmetovigilance Market

MARKET SUMMARY
-
6.2% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 6.2%
  • Largest Market– North America
  • Fastest Growing- Europe

Cosmetovigilance Market

  • The cosmetovigilance market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report gives historical, current, and future market sizes (US$ Bn) on the basis of type, application and region.
Key Players
  • Pharmathen
  • Skill Pharma
  • Poseidon CRO
  • AxeRegel
  • PharSafer
Cosmetovigilance Market

Drivers and Restraints

With improved consumer mindfulness towards adequate safety standards for cosmetic products, the cosmetics business market is likely to witness significant disruptions in the coming years. Cosmetovigilance is a recent concept. It is a form of health public surveillance with a public health objective, it therefore differs from the surveillance carried out by industrialists, who aim at the safety of the product for commercial purposes, and differs from peer surveillance, whose purpose is medical.


Cosmetovigilance Market Regional Analysis

North America dominates the market

North America accounted for larger revenue share in global cosmetovigilance market with considerable CAGR. The growth in this region is due to high consumer spending on cosmetics along with awareness regarding personal health, growing concern on the safety of ingredients used in cosmetic products and government support in the region regarding reporting of undesirable effects of cosmetics. Europe held substantial market share during estimated period owing to strict regulations for cosmetic products in the EU and introduction of centralized notification system which has improvement in the current regulatory situation.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analys
Cosmetovigilance Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

Table of Content

  1. Executive Summary
  2. Global Cosmetovigilance Market Introduction
    • Global Cosmetovigilance Market – Taxonomy
    • Global Cosmetovigilance Market –Definitions
      • Type
      • Application
  1. Global Cosmetovigilance Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Cosmetovigilance Market Dynamic Factors – Impact Analysis
    • Global Cosmetovigilance Market – Competition Landscape
  2. Global Cosmetovigilance Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Cosmetovigilance Market, By Type, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Skin Care Safety
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Hair Colorant Safety
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Perfume Safety
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Hair Care Product Safety
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Cosmetovigilance Market Forecast, By Application, 2014 – 2018 and Forecast, 2019 – 2025
    • Clinical Research Organizations
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Business Process Outsourcing
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Cosmetovigilance Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Cosmetovigilance Market – Opportunity Analysis Index, By Type, Application and Region, 2019 – 2025
  2. North America Cosmetovigilance Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Skin Care Safety
      • Hair Colorant Safety
      • Perfume Safety
      • Hair Care Product Safety
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Clinical Research Organizations
      • Business Process Outsourcing
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US
      • Canada
    • North America Cosmetovigilance Market – Opportunity Analysis Index, By Type, Application and Country, 2019 – 2025
    • North America Cosmetovigilance Market Dynamics – Trends
  3. Europe Cosmetovigilance Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Skin Care Safety
      • Hair Colorant Safety
      • Perfume Safety
      • Hair Care Product Safety
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Clinical Research Organizations
      • Business Process Outsourcing
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Cosmetovigilance Market – Opportunity Analysis Index, By Type, Application and Country, 2019 – 2025
    • Europe Cosmetovigilance Market Dynamics – Trends
  4. Asia-Pacific Cosmetovigilance Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Skin Care Safety
      • Hair Colorant Safety
      • Perfume Safety
      • Hair Care Product Safety
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Clinical Research Organizations
      • Business Process Outsourcing
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Cosmetovigilance Market – Opportunity Analysis Index, By Type, Application and Country, 2019 – 2025
    • Asia-Pacific Cosmetovigilance Market Dynamics – Trends
  5. Latin America Cosmetovigilance Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Skin Care Safety
      • Hair Colorant Safety
      • Perfume Safety
      • Hair Care Product Safety
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Clinical Research Organizations
      • Business Process Outsourcing
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Cosmetovigilance Market – Opportunity Analysis Index, By Type, Application and Country, 2019 – 2025
    • Latin America Cosmetovigilance Market Dynamics – Trends
  6. Middle East and Africa Cosmetovigilance Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Type Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Skin Care Safety
      • Hair Colorant Safety
      • Perfume Safety
      • Hair Care Product Safety
      • Others
    • Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
      • Clinical Research Organizations
      • Business Process Outsourcing
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Cosmetovigilance Market – Opportunity Analysis Index, By Type, Application and Country, 2019 – 2025
    • MEA Cosmetovigilance Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • Pharmathen
      • Skill Pharma
      • Cliantha
      • Poseidon CRO
      • AxeRegel
      • PharSafer
      • Freyr
      • OC Vigilance
      • MSL Solutions Providers
      • FMD K&L
      • ZEINCRO
  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • Pharmathen
  • Skill Pharma
  • Cliantha
  • Poseidon CRO
  • AxeRegel
  • PharSafer
  • Freyr
  • OC Vigilance
  • MSL Solutions Providers
  • FMD K&L
  • ZEINCRO

Description

Cosmetovigilance Market Size was valued at USD 3.1 billion in 2021. It is expected to reach a value of USD 4.72 billion by 2028, growing at a CAGR of 6.2% form 2022-2028. Growing adoption of cosmetic products in developed and developing countries, increase in the purchasing power of consumers, rise in importance of aesthetic appearance, favorable government regulations and technological advances in cosmetovigilance softwares are some key factors fueling the market growth However, factors such as lack of awareness is hampering the market growth. Cosmetovigilance is a relatively new term that combines the terms pharmacovigilance and cosmetics. Pharmacovigilance refers to activities like gathering, detecting, evaluating, measuring, and preventing adverse effects while using medications. Cosmetics, on the other hand, are goods used by people to enhance attractiveness, change appearance, or otherwise improve their appearance. Cosmetovigilance is a service that continuously monitors the regulatory compliances of cosmetics as specified by the authorities. It is the ongoing and systematic examination of the impact of cosmetics on human health.

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