Japan Decorative Cosmetic Ingredient Market was valued at USD 4 Billion in 2022 and is projected to reach USD 6 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030.
The Japanese decorative cosmetic ingredient market is experiencing significant growth, driven by stringent regulatory standards and evolving industry requirements. Understanding these regulations is crucial for businesses aiming to enter or expand within this market.
In Japan, decorative cosmetics are categorized under the Cosmetics Act, which ensures the quality, efficacy, and safety of cosmetic products. To market these products, companies must obtain both manufacturing and marketing licenses from the Ministry of Health, Labor and Welfare (MHLW). The process involves several key steps: 1. **Ingredient Compliance**: Ensure all product ingredients are not listed among Japan's prohibited substances and adhere to specified usage limits. 2. **Licensing**: Secure the necessary manufacturing and marketing licenses, which require compliance with Good Quality Practice (GQP) and Good Vigilance Practice (GVP) standards. 3. **Product Registration**: Register each product with the Pharmaceutical and Medical Devices Agency (PMDA) before market entry. 4. **Labeling Requirements**: Provide full ingredient labeling in Japanese, following the standards set by the Japan Cosmetic Industry Association (JCIA). These regulations ensure that consumers receive safe and effective cosmetic products. Companies must navigate these requirements meticulously to achieve compliance and success in the Japanese market.
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Azelis
BASF
Behn Meyer
Clariant
SEQENS GROUP
Croda
Sensient Cosmetic Technologies
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Decorative Cosmetic Ingredient Market
Foundations
Concealers
Blushes
Highlighters
Eyeshadows
Eyeliner and Mascara
Lipsticks and Lip glosses
Dyes
Pigments
Plant-derived
Mineral-derived
Facial Makeup
Eye Makeup
Lip Makeup
Nail Makeup
Teenagers
Young Adults
Middle-aged Adults
Seniors
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Decorative Cosmetic Ingredient Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Decorative Cosmetic Ingredient Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Decorative Cosmetic Ingredient Market, By Type
6. Japan Decorative Cosmetic Ingredient Market, By Application
7. Japan Decorative Cosmetic Ingredient Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Decorative Cosmetic Ingredient Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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