The global glycolic acid market size was valued at USD 483.9 Million in 2024, and it is expected to reach USD 822.4 Million by 2033, exhibiting a growth rate (CAGR) of 5.58% from 2025 to 2033.
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As an active ingredient in different personal care products and skincare solutions, glycolic acid is used extensively. Thus, the large demand for the acid in this segment is considered to be related to the higher consciousness of proper skincare and higher demand for such active ingredients capable of improving tone, texture, and health conditions of the skin. Due to the different functions of glycolic acid in promoting cell turnover, lessening hyperpigmentation, fine lines, and even acne, many skincare goods including exfoliating creams, serums, face washes, and chemical peels contain it. For example, in 2024, Dove introduced glycolic + hydration range containing active keratin, glycerin, and glycolic acid. This range provides comprehensive support by decreasing damage and providing hydration to hair. The demand for non-invasive skincare solutions spurred interest in using glycolic acid as people want gentle formulations with long-term efficacy use.
Another important buyer of glycolic acid is the pharmaceutical industry. Glycolic acid is a highly sought-after active ingredient in skin treatments for keratosis pilaris, melasma, and acne because of its therapeutic qualities. One of the most sought-after active ingredients in prescription formulae and medical-grade skincare products is chemical exfoliation, which helps to cleanse pores, remove dead skin cells, and promote the synthesis of collagen. Glycolic acid-based products have established a sizable market in the anti-aging industry since they effectively help to minimize wrinkles and uneven skin tone. The formulation of pharmaceuticals is also propelling the market growth through advancements in techniques that aid in the controlled release and bioavailability of active components when glycolic acid is utilized. This has broadened its usefulness beyond topical applications to encompass transdermal drug delivery systems and various novel drug administration techniques. As pharmaceutical research and development efforts expand, the need for glycolic acid is anticipated to rise accordingly.
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share on account of robust technological advances, increasing demand for effective skincare products, and rising innovation in the pharmaceutical sector.
Its strong applicability of glycolic acid in various industries are reportedly driving the North American market's significant expansion. Because they use alpha hydroxy acid (AHA), cosmetic and personal care products are significant market drivers. Products that help refine skin texture, reduce fine wrinkles, and improve skin appearance, like chemical peels, serums, and exfoliants containing glycolic acid, are growing in popularity. Growing knowledge of skincare procedures and the influence of social media is another factor driving this, as it motivates people to spend money on high-end personal care products. According to the IMARC Group analysis, user interest in glycolic acid-based products that offer benefits including exfoliation and anti-aging has been on the rise. The group's market analysis shows that the anti-aging industry in North America is predicted to expand at a compound annual growth rate (CAGR) of 4.09% from 2024 to 2032.
The Asia-Pacific market is expanding rapidly, mainly due to rising demand in multiple sectors and industries, such as cosmetics, pharmaceuticals, textiles, and industrial uses. The increasing middle-class demographic in the area and enhanced disposable income have significantly aided the uptake of skincare and personal care items. Glycolic acid, known for its peeling and anti-aging effects, has emerged as the key ingredient in skincare products like facial peels, serums, and creams.
The European market is undergoing changes and is experiencing steady growth owing to the increasing applications of glycolic acid across cosmetics, pharmaceuticals, and industrial sectors. The region’s growing emphasis on personal care and grooming is leading to an increase in demand for skin care products integrated with glycolic acid as it is well known for its exfoliating, anti aging, and skin renewal properties. Individuals in countries like Germany, France, and the UK are increasingly seeking premium and effective products, driving the adoption of glycolic acid in facial peels, serums, and creams. This trend is further supported by rising awareness of skincare routines, along with the influence of beauty bloggers and e-commerce platforms.
With expanding application bases for cosmetics, healthcare, and industrial sectors in the Latin America market, growth is experienced. Emphasis on personal care and grooming is growing in the region with an increase in disposable income and urbanization, thus fueling the demand for skincare products containing glycolic acid. Glycolic acid is used extensively in facial peels, serums, and moisturizers, where it has exfoliating and anti-aging properties. Markets in Brazil, Mexico, and Argentina, among others, are particularly booming, with awareness of skincare routines on the increase and a preference for premium and effective beauty products.
The Middle East and Africa market is continuously expanding because of rising applications in personal care, industrial cleaning, and healthcare sectors. In the personal care industry, growing awareness about skincare routines and increasing demand for premium beauty products are fueling the adoption of glycolic acid-based formulations. Countries like the UAE, Saudi Arabia, and South Africa are witnessing a rise in demand for cosmetics and skincare products containing glycolic acid, known for its exfoliating and anti-aging properties. The influence of global beauty trends and the region’s growing middle-class population further support this trend.
Some of the leading glycolic acid market companies include Avid Organics, CABB Group GmbH, China Petrochemical Corporation, CrossChem Limited, Mehul Dye Chem Industries, Merck KGaA, Parchem fine and specialty chemicals, The Chemours Company, Tokyo Chemical Industry Co. Ltd, Water Chemical Co. Ltd, and Zhonglan Industry Co. Ltd., among many others.
Report Features | Details |
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Market Size in 2024 | USD 483.9 Million |
Market Forecast in 2033 | USD 822.4 Million |
Market Growth Rate 2025-2033 | 5.58% |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Sources Covered | Natural, Synthetic |
Purity Levels Covered | 99% Purity, 70% Purity, 60% Purity, 30% Purity, Others |
Applications Covered | Personal Care and Cosmetics, Household, Textile, Food Processing, Pharmaceuticals, Others |
Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Avid Organics, CABB Group GmbH, China Petrochemical Corporation, CrossChem Limited, Mehul Dye Chem Industries, Merck KGaA, Parchem fine and specialty chemicals, The Chemours Company, Tokyo Chemical Industry Co. Ltd, Water Chemical Co. Ltd, Zhonglan Industry Co. Ltd., etc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |