Product Code: ETC5668618 | 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 |
The glycolic acid market in Hong Kong is experiencing growth due to its wide applications in skincare, cosmetics, and industrial sectors. With the rising demand for anti-aging products, glycolic acid is becoming a popular ingredient in skincare treatments. Moreover, it is used in the textile and dyeing industries, expanding its market scope.
Hong Kong`s glycolic acid market is primarily driven by its extensive use in the personal care and cosmetics industry, where it is a popular ingredient for skincare products due to its exfoliating properties. The rising awareness of skin health, anti-aging treatments, and the growing consumer base of skincare routines are accelerating market demand. Additionally, the increasing use of glycolic acid in industrial applications such as cleaning agents and textiles is further driving the market.
One of the main challenges in the Hong Kong glycolic acid market is the growing competition from alternative skincare ingredients, which can limit demand growth. Moreover, strict safety regulations and the need for clinical validation for personal care products further complicate market entry and expansion.
Glycolic acid, commonly used in cosmetics and personal care products, is regulated under Hong Kong`s Consumer Goods Safety Ordinance. The government sets strict safety standards for cosmetics to ensure that products containing glycolic acid are safe for public use. Policies may also refer to international cosmetic guidelines, particularly from the EU and US, to regulate the amount and use of glycolic acid in skincare 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 Hong Kong Glycolic Acid Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Glycolic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Glycolic Acid Market - Industry Life Cycle |
3.4 Hong Kong Glycolic Acid Market - Porter's Five Forces |
3.5 Hong Kong Glycolic Acid Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Hong Kong Glycolic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Glycolic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hong Kong Glycolic Acid Market Trends |
6 Hong Kong Glycolic Acid Market Segmentations |
6.1 Hong Kong Glycolic Acid Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Glycolic Acid Market Revenues & Volume, By Cosmetic, 2021-2031F |
6.1.3 Hong Kong Glycolic Acid Market Revenues & Volume, By Technical, 2021-2031F |
6.2 Hong Kong Glycolic Acid Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Glycolic Acid Market Revenues & Volume, By Personal Care & Dermatology, 2021-2031F |
6.2.3 Hong Kong Glycolic Acid Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Hong Kong Glycolic Acid Market Revenues & Volume, By Household, 2021-2031F |
7 Hong Kong Glycolic Acid Market Import-Export Trade Statistics |
7.1 Hong Kong Glycolic Acid Market Export to Major Countries |
7.2 Hong Kong Glycolic Acid Market Imports from Major Countries |
8 Hong Kong Glycolic Acid Market Key Performance Indicators |
9 Hong Kong Glycolic Acid Market - Opportunity Assessment |
9.1 Hong Kong Glycolic Acid Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Hong Kong Glycolic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Glycolic Acid Market - Competitive Landscape |
10.1 Hong Kong Glycolic Acid Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Glycolic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |