Find stats on top websites
Industry Landscape
The DIY personal care industry is thriving, driven by consumer demand for customizable, natural, and cost-effective products. Increased awareness of ingredients, sustainability, and personal sensitivities fuels growth. Online platforms and educational resources make formulation accessible to hobbyists and small businesses, fostering innovation and a strong community around bespoke beauty solutions.
Total Assets Under Management (AUM)
Cosmetic Ingredients Market Size in United States
~Approx. 10 billion USD (2023)
(5.5% CAGR)
- Driven by increasing consumer awareness of ingredients.
- Demand for natural and organic products contributes significantly.
- Growth in e-commerce platforms facilitating ingredient access.
Total Addressable Market
10 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered Formulation
AI and machine learning can optimize cosmetic formulations, predict ingredient interactions, and personalize product recommendations for DIY users.
Biotechnology in Ingredients
Advancements in biotechnology are leading to novel, sustainable, and highly effective cosmetic ingredients, offering new possibilities for DIY formulations.
Blockchain for Supply Chain Transparency
Blockchain technology can provide immutable records for ingredient sourcing, enhancing transparency and trust in the origin and quality of raw materials for DIY enthusiasts.
Impactful Policy Frameworks
Modernization of Cosmetics Regulation Act of 2022 (MoCRA)
Enacted in December 2022, MoCRA grants the FDA new authorities to regulate cosmetic products, including mandatory facility registration, product listing, adverse event reporting, and good manufacturing practices (GMPs).
MoCRA will necessitate greater compliance and record-keeping for Lotioncrafter's small business customers, as well as potentially affecting ingredient transparency requirements.
California Proposition 65 (The Safe Drinking Water and Toxic Enforcement Act of 1986) - Ongoing Updates
California Proposition 65 requires businesses to provide warnings to Californians about significant exposures to chemicals that cause cancer, birth defects or other reproductive harm, with the list of chemicals updated annually.
This ongoing policy requires Lotioncrafter and its customers to be vigilant about chemical disclosures, potentially impacting which ingredients are stocked or how products are marketed in California.
New York State's Cruelty-Free Cosmetics Act (2023)
Effective January 1, 2023, this act prohibits the sale of any cosmetic product, or any ingredient in a cosmetic product, that has been tested on animals after January 1, 2023.
This policy directly impacts ingredient sourcing for Lotioncrafter by requiring verification that all cosmetic ingredients sold adhere to cruelty-free testing standards for products distributed in New York, influencing customer ingredient choices.
Transform Your Ideas into Action in Minutes with WaxWing
Sign up now and unleash the power of AI for your business growth
