| Product Code: ETC5668609 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Finland continued to see significant glycolic acid import shipments, with top exporting countries being Switzerland, Italy, Japan, USA, and Sweden. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a modest compound annual growth rate (CAGR) of 1.18% from 2020-2024, there was a notable decline in growth from 2023-2024 at -16.66%. This data suggests a dynamic market landscape with fluctuations in demand and supply dynamics impacting the glycolic acid import sector in Finland.

The glycolic acid market in Finland is benefiting from its broad range of applications in the cosmetics, healthcare, and textile industries. Glycolic acid is widely used in skin care products for its exfoliating and anti-aging properties. As the beauty and personal care industry in Finland continues to grow, particularly in premium and organic product lines, the demand for glycolic acid is expected to expand.
The glycolic acid market in Finland is driven by its applications in the cosmetics and skincare industry. Known for its exfoliating properties, glycolic acid is widely used in products like peels, cleansers, and anti-aging formulations. The increasing demand for effective skincare solutions and the growing trend of personal care products based on natural ingredients are fueling the growth of the glycolic acid market in Finland.
The glycolic acid market in Finland faces challenges related to the growing demand for sustainable production practices. There is increasing consumer preference for glycolic acid derived from natural sources, which adds pressure on manufacturers to find innovative ways to produce glycolic acid sustainably. Moreover, market players must navigate the regulatory environment and ensure that their products meet strict safety standards for use in cosmetics and medical applications.
The Finnish government fosters growth in the cosmetics and chemical industries by supporting glycolic acid production. Policies emphasize environmentally friendly production methods and applications in sustainable personal care products.
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 Finland Glycolic Acid Market Overview |
3.1 Finland Country Macro Economic Indicators |
3.2 Finland Glycolic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Finland Glycolic Acid Market - Industry Life Cycle |
3.4 Finland Glycolic Acid Market - Porter's Five Forces |
3.5 Finland Glycolic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Finland Glycolic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Finland Glycolic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for skincare and personal care products in Finland |
4.2.2 Growing awareness about the benefits of glycolic acid in skincare |
4.2.3 Rising disposable income leading to higher spending on premium skincare products |
4.3 Market Restraints |
4.3.1 Stringent regulations on the use of glycolic acid in cosmetics and skincare products |
4.3.2 Competition from alternative skincare ingredients |
4.3.3 Fluctuating prices of raw materials used in glycolic acid production |
5 Finland Glycolic Acid Market Trends |
6 Finland Glycolic Acid Market Segmentations |
6.1 Finland Glycolic Acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Finland Glycolic Acid Market Revenues & Volume, By Cosmetic, 2021-2031F |
6.1.3 Finland Glycolic Acid Market Revenues & Volume, By Technical, 2021-2031F |
6.2 Finland Glycolic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Finland Glycolic Acid Market Revenues & Volume, By Personal Care & Dermatology, 2021-2031F |
6.2.3 Finland Glycolic Acid Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Finland Glycolic Acid Market Revenues & Volume, By Household, 2021-2031F |
7 Finland Glycolic Acid Market Import-Export Trade Statistics |
7.1 Finland Glycolic Acid Market Export to Major Countries |
7.2 Finland Glycolic Acid Market Imports from Major Countries |
8 Finland Glycolic Acid Market Key Performance Indicators |
8.1 Number of new skincare products containing glycolic acid launched in the Finnish market |
8.2 Consumer sentiment towards glycolic acid-based skincare products |
8.3 Adoption rate of glycolic acid in professional skincare treatments in Finland |
9 Finland Glycolic Acid Market - Opportunity Assessment |
9.1 Finland Glycolic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Finland Glycolic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Finland Glycolic Acid Market - Competitive Landscape |
10.1 Finland Glycolic Acid Market Revenue Share, By Companies, 2024 |
10.2 Finland Glycolic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |