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North America Cosmetovigilance Market Share, Size, Trends, Industry Analysis Report, By Service Type (Skincare, Make-up, Haircare, and Perfume & Deodorants); By Service Type; By Phase Type; By Country; Segment Forecast, 2024 - 2032

Publisher Polaris Market Research & Consulting LLP
Published Apr 24, 2024
Length 119 Pages
SKU # PLRS18782501

Description

North America Cosmetovigilance Market Share, Size, Trends, Industry Analysis Report, By Service Type (Skincare, Make-up, Haircare, and Perfume & Deodorants); By Service Type; By Phase Type; By Country; Segment Forecast, 2024 - 2032



The North America cosmetovigilance market size is expected to reach USD 6.54 billion by 2032, according to a new study by Polaris Market Research. The report “North America Cosmetovigilance Market Share, Size, Trends, Industry Analysis Report, By Service Type (Skincare, Make-up, Haircare, and Perfume & Deodorants); By Service Type; By Phase Type; By Country; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Growing importance of physical appearance among young generation, increasing consumption of cosmetics, and awareness among people about the potential side-effects associated with chemicals used in cosmetics like sulfates, toluene, lead, formaldehyde, and diethanolamine, are key factors fostering the market growth. In addition, the growing availability of counterfeit products that are developed with hazardous chemicals, including mercury, cadmium, talc, and phthalates that led to several health issues, including allergies, skin irritation, and tumors, further propels the need for cosmetovigilance services.

For instance, in October 2023, counterfeit cosmetics are directly impacting the bottom line of cosmetic companies and emerging as a health hazard. It was estimated that cosmetic companies lost USD 5.16 in sales because of counterfeit products.

Furthermore, there have been several scientific research studies being conducted on cosmetic ingredients having side effects that are contributing to the development of the cosmetovigilance concept. Researchers across the region are increasingly focusing on the exploration of new methods of assessing cosmetic products' safety and efficacy coupled with the development of effective risk management strategies, which are positively impacting the market growth.

Consumers, especially in developed economies, are becoming more aware of potential risks associated with cosmetics. They are demanding safety and transparency in products and complete labeling of ingredients used in their formulation. This is encouraging companies to invest more in cosmetovigilance services to meet consumer demands and requirements and stay ahead of their competitors.

North America Cosmetovigilance Market Report Highlights

The perfume & deodorants segment will grow at the highest pace, which is attributed to the rising need to ensure the quality and safety of perfumes & deodorants

Post-marketing segment accounted for a notable share on account of its significant use in the early detection of issues associated with cosmetic products

Phase III segment will grow fastest due to its ability to offer several important information regarding product efficacy and safety

The U.S. dominated the market, owing to the robust presence of leading pharmaceutical companies and consumer awareness about the side effects of cosmetics

The key market players include BioPharm Systems, Bio-Rad Laboratories, Clinical Resolution Laboratory, Procter & Gamble, and Estee Lauder Companies

Polaris Market Research has segmented the North American cosmetovigilance market report based on category, service type, phase type, and country:

North America Cosmetovigilance, Category Outlook (Revenue - USD Billion, 2019 - 2032)

Skincare

Make-up

Haircare

Perfume & Deodorants

North America Cosmetovigilance, Service Type Outlook (Revenue - USD Billion, 2019 - 2032)

Pre-Marketing

Post-Marketing

North America Cosmetovigilance, Phase Type Outlook (Revenue - USD Billion, 2019 - 2032)

Pre-clinical

Phase I

Phase II

Phase III

Phase IV

North America Cosmetovigilance, Country Outlook (Revenue - USD Billion, 2019 - 2032)

U.S.

Canada

Table of Contents

119 Pages
1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. North America Cosmetovigilance Market Insights
4.1. North America Cosmetovigilance Market – Industry Snapshot
4.2. North America Cosmetovigilance Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Stringent regulations in the cosmetic sector
4.2.1.2. Growing advances in technology and integration
4.2.2. Restraints and Challenges
4.2.2.1. Lack of awareness and knowledge
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. North America Cosmetovigilance Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. North America Cosmetovigilance Market, by Service Type
5.1. Key Findings
5.2. Introduction
5.2.1. North America Cosmetovigilance, by Service Type, 2019-2032 (USD Billion)
5.3. Skincare
5.3.1. North America Cosmetovigilance Market, by Skincare, 2019-2032 (USD Billion)
5.4. Make-up
5.4.1. North America Cosmetovigilance Market, by Make-up, 2019-2032 (USD Billion)
5.5. Haircare
5.5.1. North America Cosmetovigilance Market, by Haircare, 2019-2032 (USD Billion)
5.6. Perfume & Deodorants
5.6.1. North America Cosmetovigilance Market, by Perfume & Deodorants, 2019-2032 (USD Billion)
6. North America Cosmetovigilance Market, by Phase Type
6.1. Key Findings
6.2. Introduction
6.2.1. North America Cosmetovigilance Market, by Phase Type, 2019-2032 (USD Billion)
6.3. Pre-marketing
6.3.1. North America Cosmetovigilance Market, by Pre-marketing, 2019-2032 (USD Billion)
6.4. Post-marketing
6.4.1. North America Cosmetovigilance Market, by Post-marketing, 2019-2032 (USD Billion)
7. North America Cosmetovigilance Market, by Category
7.1. Key Findings
7.2. Introduction
7.2.1. North America Cosmetovigilance Market, by Category, 2019-2032 (USD Billion)
7.3. Pre-clinical
7.3.1. North America Cosmetovigilance Market, by Pre-clinical, 2019-2032 (USD Billion)
7.4. Phase I
7.4.1. North America Cosmetovigilance Market, by Phase I, 2019-2032 (USD Billion)
7.5. Phase II
7.5.1. North America Cosmetovigilance Market, by Phase II, 2019-2032 (USD Billion)
7.6. Phase III
7.6.1. North America Cosmetovigilance Market, by Phase III, 2019-2032 (USD Billion)
7.7. Phase IV
7.7.1. North America Cosmetovigilance Market, by Phase IV, 2019-2032 (USD Billion)
8. North America Cosmetovigilance Market, by Countries
8.1. Key findings
8.2. Introduction
8.2.1. North America Cosmetovigilance Market Assessment, By Countries, 2019-2032 (USD Billion)
8.2.2. North America Cosmetovigilance Market – U.S
8.2.2.1. U.S: North America Cosmetovigilance Market, by Phase Type, 2019-2032 (USD Billion)
8.2.2.2. U.S: North America Cosmetovigilance Market, by Service Type, 2019-2032 (USD Billion)
8.2.2.3. U.S: North America Cosmetovigilance Market, by Category, 2019-2032 (USD Billion)
8.2.3. North America Cosmetovigilance Market – Canada
8.2.3.1. Canada.: North America Cosmetovigilance Market, by Phase Type, 2019-2032 (USD Billion)
8.2.3.2. Canada.: North America Cosmetovigilance Market, by Service Type, 2019-2032 (USD Billion)
8.2.3.3. Canada.: North America Cosmetovigilance Market, by Category, 2019-2032 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. AdverseEvents Inc.
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Service Type Benchmarking
10.1.4. Recent Development
10.2. BioPharm Systems
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Service Type Benchmarking
10.2.4. Recent Development
10.3. Bio-Rad Laboratories Inc.
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Service Type Benchmarking
10.3.4. Recent Development
10.4. Clarivate Analytics
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Service Type Benchmarking
10.4.4. Recent Development
10.5. Clinical Resolution Laboratory Inc.
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Service Type Benchmarking
10.5.4. Recent Development
10.6. Estee Launder Companies
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Service Type Benchmarking
10.6.4. Recent Development
10.7. Johnson & Johnson Consumer Inc.
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Service Type Benchmarking
10.7.4. Recent Development
10.8. Pharmacovigilance Services
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Service Type Benchmarking
10.8.4. Recent Development
10.9. Procter & Gamble
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Service Type Benchmarking
10.9.4. Recent Development
10.10. Toxikon Corporation
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Service Type Benchmarking
10.10.4. Recent Development

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