Product Code: ETC5668589 | 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, a key ingredient in many skincare products, is experiencing growing demand in Canada. Its effectiveness in exfoliation and skin rejuvenation makes it popular in cosmetics and personal care products. The market is driven by trends in skincare, with consumers seeking products that offer anti-aging and skin improvement benefits. Innovations in formulation and increased awareness of skincare regimens further influence market growth.
The glycolic acid market in Canada is driven by its application in the cosmetic and personal care industries. Glycolic acid is a key ingredient in various skincare products due to its exfoliating properties and effectiveness in treating skin conditions. The growing demand for anti-aging and acne treatment products, coupled with advancements in dermatological science, supports market growth. Additionally, the rise in consumer awareness about skin health and the increasing popularity of chemical peels contribute to the market`s expansion.
The Canadian glycolic acid market encounters challenges such as regulatory compliance, particularly related to safety and environmental impact. High production costs and competition from alternative exfoliating agents also pose difficulties. Additionally, fluctuations in demand from the cosmetic and pharmaceutical industries can affect market stability.
The glycolic acid market in Canada is governed by regulations related to chemical safety and environmental protection. Health Canada sets standards for the use of glycolic acid in cosmetics and pharmaceuticals, ensuring safety and efficacy. Environmental regulations under CEPA require proper management of production waste and emissions. Trade policies also impact the market by influencing the cost and availability of glycolic acid imports.
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 Canada Glycolic Acid Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Glycolic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Glycolic Acid Market - Industry Life Cycle |
3.4 Canada Glycolic Acid Market - Porter's Five Forces |
3.5 Canada Glycolic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Canada Glycolic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Canada Glycolic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Canada Glycolic Acid Market Trends |
6 Canada Glycolic Acid Market Segmentations |
6.1 Canada Glycolic Acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Canada Glycolic Acid Market Revenues & Volume, By Cosmetic, 2021-2031F |
6.1.3 Canada Glycolic Acid Market Revenues & Volume, By Technical, 2021-2031F |
6.2 Canada Glycolic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Glycolic Acid Market Revenues & Volume, By Personal Care & Dermatology, 2021-2031F |
6.2.3 Canada Glycolic Acid Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Canada Glycolic Acid Market Revenues & Volume, By Household, 2021-2031F |
7 Canada Glycolic Acid Market Import-Export Trade Statistics |
7.1 Canada Glycolic Acid Market Export to Major Countries |
7.2 Canada Glycolic Acid Market Imports from Major Countries |
8 Canada Glycolic Acid Market Key Performance Indicators |
9 Canada Glycolic Acid Market - Opportunity Assessment |
9.1 Canada Glycolic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Canada Glycolic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Canada Glycolic Acid Market - Competitive Landscape |
10.1 Canada Glycolic Acid Market Revenue Share, By Companies, 2024 |
10.2 Canada Glycolic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |