China Cosmetic Ingredients Market Dynamics in the First Half of 2024

1. China’s cosmetic ingredient market current status

· Soothing & repairing ingredients and whitening & spot removal ingredients’ voice volume growth rate increased significantly from the previous year, they are the two fastest-growing categories. Among them, soothing & repairing ingredients saw a 94% increase in social media sound volume.

· The social media volume of hydrating and moisturizingdecreased by 21%, but the volume is still the largest of the six major cosmetic ingredient categories; it is nearly 4 million.

· The volume of the six major cosmetic ingredient tracks are all concentrated in Douyin (China’s Tiktok), and the hair care’s volume reached 62%.

· Masks and essences are favoured. Lipsticks also need hydrating and moisturizing effects. Sunscreen products also need whitening effect.

· Skin care keywords: six cosmetic efficacy ingredients sound high-frequency words in the first half of 2024

Hydrating & moisturizing: mask, creams, essence, shower gel.

Soothing & repairing: mask, essence, cream, shampoo.

Whitening & spot removal: mask, sunscreen, essence, cream.

Anti-wrinkle & firming: cream, mask, essence, eye cream.

Oil control & anti-acne: shampoo, face wash, body wash, concealer.

Hair care: shampoo, essential oil, conditioner, hair film.

2. Demand & change: ingredient changes in the six mainstream skin care effects

· Hydrating & moisturizing: hyaluronic acid, sodium hyaluronate, rose extract are classic and unfailing, camellia seed oil, inositol growth rate is remarkable.

· Soothing & repairing: allantoin filed number of 102453, gardenia’s social media sound volume year-on-year: 13310.6%

· Whitening & spot removal: niacinamide has the highest number of filings at 141,655. Hydrolyzed conchiolin protein (HCP) has the second highest number of filings at 60,734, year-on-year: 1,811%, with the first growth rate.

· Anti-wrinkle & firming: pro-xylane was the first in terms of sound volume, at 109926. Bakuchiol filed a year-on-year growth rate of 491%, and ranked first in terms of product filing growth rate.

· Oil control & anti-acne: plant extracts have the potential control oil effects, and the number of filings for origanum majorana leaf extract has increased eight-fold.

· Hair care: Ginger extract ranked first in terms of sound volume at 176,291, and polygonum multiflorum extract ranked second at 122,108. OCT sound volume was 3565% year-on-year.

3. Foresight & innovation: leading the future trends of raw material ingredients in china by 2024

· Evolution of future demand for raw material ingredients: from personalisation to intelligent customisation

· Emerging technologies (AI) lead the way for new trends in ingredient development

· Green Revolution: breakthroughs in sustainable and environmentally friendly technologies for ingredients

4. Mainstream & potential: ranking of raw material ingredients in six major cosmetic efficacy categories