Product Code: ETC5668586 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Glycolic acid, widely used in the cosmetics industry for skincare products, is gaining popularity in Burkina Faso. The market is supported by the rising demand for beauty and personal care products, driven by a growing middle class and increased consumer awareness about skincare. The trend towards using more sophisticated and effective skincare formulations is likely to boost the glycolic acid market further.
The glycolic acid market in Burkina Faso is driven by the growing demand for this alpha-hydroxy acid (AHA) in the cosmetics and personal care industry. Glycolic acid is widely used in skincare products, such as exfoliants, peels, and anti-aging creams, due to its ability to penetrate the skin and promote cell turnover. The increasing consumer focus on skincare and the rising popularity of chemical peels and anti-aging treatments are boosting the demand for glycolic acid. Additionally, the expanding cosmetics industry and the trend of using natural and effective ingredients in personal care products are further driving market growth.
Challenges in the glycolic acid market include high import costs and limited local production capabilities. The market also faces issues related to the limited awareness and understanding of the benefits and applications of glycolic acid in various industries, which can hinder market growth. Additionally, there is competition from alternative chemicals and compounds that may be more cost-effective or easier to source locally.
Government policies on chemical manufacturing, environmental regulations, and safety standards impact the glycolic acid market. Regulations ensuring product safety and minimizing environmental impact drive the production and use of glycolic acid.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Burkina Faso Glycolic Acid Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso Glycolic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso Glycolic Acid Market - Industry Life Cycle |
3.4 Burkina Faso Glycolic Acid Market - Porter's Five Forces |
3.5 Burkina Faso Glycolic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Burkina Faso Glycolic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Burkina Faso Glycolic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Burkina Faso Glycolic Acid Market Trends |
6 Burkina Faso Glycolic Acid Market Segmentations |
6.1 Burkina Faso Glycolic Acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso Glycolic Acid Market Revenues & Volume, By Cosmetic, 2021-2031F |
6.1.3 Burkina Faso Glycolic Acid Market Revenues & Volume, By Technical, 2021-2031F |
6.2 Burkina Faso Glycolic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso Glycolic Acid Market Revenues & Volume, By Personal Care & Dermatology, 2021-2031F |
6.2.3 Burkina Faso Glycolic Acid Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Burkina Faso Glycolic Acid Market Revenues & Volume, By Household, 2021-2031F |
7 Burkina Faso Glycolic Acid Market Import-Export Trade Statistics |
7.1 Burkina Faso Glycolic Acid Market Export to Major Countries |
7.2 Burkina Faso Glycolic Acid Market Imports from Major Countries |
8 Burkina Faso Glycolic Acid Market Key Performance Indicators |
9 Burkina Faso Glycolic Acid Market - Opportunity Assessment |
9.1 Burkina Faso Glycolic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Burkina Faso Glycolic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Burkina Faso Glycolic Acid Market - Competitive Landscape |
10.1 Burkina Faso Glycolic Acid Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso Glycolic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |