Global Cosmetovigilance Market To Grow Stunningly With A CAGR of 6.7% from 2020 to 2026

30-Sep-2020 | Zion Market Research

As per Zion Market Research, the global cosmetovigilance market was capitalized at USD 2,684.6 Million in 2019 and is predicted to grow at a CAGR of 6.7% between 2020 and 2026. Major players in the global market are ZEINCRO, iSafety, FMD K&L, Skill Pharma, MSL Solution Providers, Poseidon CRO, Pharmathen, AxeRegel, PharSafer, Cliantha, OC Vigilance, and Freyr.

Increasing Adoption Of Cosmetic Goods In Developing And Developed Nations To Power The Growth Of The Global Market

Increasing adoption of cosmetic goods in developing and developed nations will majorly power the growth of the global market. Awareness amongst users related to enhancements in aesthetic appearance will increase the requirement for cosmetics in the years to come. As per Cosmetics Europe, Germany shelled out almost USD 16 billion on cosmetics in 2019. Risks related to cosmetic goods have increased the requirement for cosmetovigilance offerings. Rising number of negative impacts by the employment of cosmetics is predicted to power the growth of the global cosmetovigilance market in the coming period.

Government Rules Regarding Adverse Impacts Reported For Different Cosmetic Goods To Favor Growth Of The Global Market

In addition to this, strict government rules regarding adverse impacts reported for different cosmetic goods will favor growth of the global market. Side effects of cosmetics due to existence of adulterants or impurities are reported that drives growth of the market. Rising awareness amongst users in developed nations related reporting of side effects caused owing to cosmetic goods will power the growth of global cosmetovigilance market. On the other hand, lack of awareness in under developed and developing nations related to cosmetovigilance might hinder market growth over the years to come.

Europe To Maintain Huge Income Share For The Global Market Over The Years To Come

Europe added up for over 1/3rd of the income share for the global market in 2019 and is predicted to maintain the same situation over the years to come due to strict laws for cosmetic goods in the EU. The rules laid by EU need firms to assess and collect reports of side effects on health from their marketed cosmetic goods. In addition to this, launch of centralized alert system has resulted in huge enhancements in the present regulatory situation and has benefitted the non-EU as well as multinational firms. Hence, focus of firms on launching safe cosmetics will increase the regional growth of the market.

Browse the full “Cosmetovigilance Market by Service Type (Pre-Marketing Services [Clinical Safety Testing, Document Writing, Risk Management, and Others], and Post-Marketing Services [Case Intake, Case Triage, Data Entry & Acquisition, Tracking & Reporting, and Others]), by Reported Categories (Skincare, Makeup, Haircare, Perfumes & Deodorants, Hair Colorants, and Others), by Service Provider (Clinical Research Organizations, and Business Process Outsourcing), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 - 2026.” Report at https://www.zionmarketresearch.com/report/cosmetovigilance-market

The global cosmetovigilance market is segmented as follows:

By Service Type

  • Pre-marketing Services
    • Clinical Safety Testing
    • Document Writing
    • Risk Management
  • Post-marketing Services
    • Case Intake
    • Case Triage
    • Data Entry & Acquisition
    • Tracking & Reporting

By Reported Categories

  • Skincare
  • Makeup
  • Haircare
  • Perfumes and Deodorants
  • Hair Colorants

By Service Provider

  • Clinical Research Organizations (CROs)
  • Business Process Outsourcing (BPOs)

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com

Office Address

Contact Us

Zion Market Research
Tel: +1 (844) 845-5245
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No 020-46277770

Contact #

US OFFICE NO +1 (844) 845-5245
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • paypal
  • amazon
  • visa
  • master card

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed