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Analyzing the Supply-Chain for Bio-Based Cosmetics and Personal Care Ingredients Market

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BIS RSRCH
Analyzing the Supply-Chain for Bio-Based Cosmetics and Personal Care Ingredients Market

With the increase in awareness regarding the harmful effects posed by synthetic chemicals, consumers are now abstaining from using chemical infused products. In many instances, it has been found that toxic chemicals are being used in low-quality products, hence causing life-threatening problems in some cases. This led to an increase in awareness among consumers across the globe, resulting in an increase in the demand for natural products.

The organic and bio-based beauty boom is part of the recent shift in consumer awareness about wellness, health, and the environment. In addition, due to a growing number of social media influencers and beauty blogs, awareness, and easy availability of information regarding the toxin-free ingredients has significantly risen. This is pushing the growth of the adoption of bio-based cosmetics and personal care ingredients market globally.

Supply chain analysis refers to an approach of analyzing organizations, people, information, activities, and resources engaged in changing a product or service from supplier to end-user. The supply chain of bio-based cosmetics and personal care ingredients consists of different stages:

Stage 1: Raw Material Provider for Bio-Based Cosmetics and Personal Care Ingredients

This stage includes the raw material provider for bio-based cosmetics and personal care ingredients. Raw materials which are used for the manufacturing of bio-based cosmetics and personal care ingredients are derived from plant and animals. Some of the commonly used raw materials are squalane, jojoba oil, cocoa butter, shea butter, argan oil, castor oil, and lanolin. Companies in this stage extract raw materials from plants and animals and sell them to bio-based cosmetics and personal care ingredients manufacturers. Key companies that provide raw materials across the globe include DSM, A.G. Industries, Wellman Advanced Materials, and BioSpectrum, among others.

Stage 2: Bio-Based Cosmetics and Personal Care Ingredients Manufacturers

The second stage comprises bio-based cosmetics and personal care ingredients manufacturers. Companies in this stage procure raw materials for the manufacturing of bio-based cosmetics and personal care ingredients from the raw material suppliers. The leading companies that manufacture bio-based cosmetics and personal care ingredients include DSM, BASF SE, Ashland, Clariant, Croda International Plc, Covestro AG, Eastman Chemical Company, and The Lubrizol Corporation, among others.

Stage 3: End-User Industry

The third stage consists of end-use industries, which include the manufacturing of cosmetic products after obtaining bio-based cosmetics and personal care ingredients from suppliers. The leading companies that provide bio-based cosmetic end-use products include Loreal S.A., AVEENO, Amway Corp., AVEDA CORP, NATURA&CO, Arbonne International, LLC, and Kiehl’s, among others.

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