The Cosmetovigilance Global Market Report 2023, provides comprehensive information on the cosmetovigilance market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.



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The global cosmetovigilance market size is expected to grow from $2.95 billion in 2022 to $3.22 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cosmetovigilance market size is expected to reach $4.32 billion in 2027 at a CAGR of 7.6%.


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Increasing awareness among people regarding personal care is expected to propel the growth of the cosmetovigilance market going forward. Personal care refers to consumer products that are used in personal hygiene and grooming for self-care and beautification. Cosmetovigilance analyzes the safety monitoring of personal care products and helps people to adopt quality products, as a result, the increasing awareness among the people regarding personal care increases the demand for the cosmetovigilance market. For instance, in 2023, according to Cosmetics Europe, a Belgium-based personal care association, every day,500 million consumers use personal care products to enhance their well-being and protect their health. Additionally, the personal care industry involves approximately USD 31.23 billion (€29 billion) annually to the European economy. Therefore, increasing awareness among people regarding personal care is driving the growth of the cosmetovigilance market.

The cosmetovigilance market is segmented:
1) By Service Type: Pre-Marketing Services, Post-Marketing Services

2) By Reported Category: Skincare, Makeup, Haircare, Perfumes And Deodorants, Hair Colorants, Other Reported Categories

3) By Service Providers: Clinical Research Organizations (CROs), Business Process Outsourcing (BPOs)

Europe was the largest region in the cosmetovigilance market in 2022.

The table of contents in TBRC’s cosmetovigilance market report includes:
1. Executive Summary
2. Cosmetovigilance Market Characteristics
3. Cosmetovigilance Market Trends And Strategies
4. Cosmetovigilance Market - Macro Economic Scenario
5. Cosmetovigilance Market Size And Growth
............
26. Africa Cosmetovigilance Market
27. Cosmetovigilance Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cosmetovigilance Market
29. Cosmetovigilance Market Future Outlook and Potential Analysis
30. Appendix

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