logo
logo
Sign in

Personal Care Ingredients is expected to showcase a strong CAGR of around 5% due to the rising demand for higher quality personal care ingredients in Europe and North America

avatar
Ahasan Ali
Personal Care Ingredients is expected to showcase a strong CAGR of around 5% due to the rising demand for higher quality personal care ingredients in Europe and North America

According to a new report published by UnivDatos Markets Insights, the Personal Care Ingredients Market is expected to grow at a CAGR of around 5% from 2022-2028. The analysis has been segmented into Ingredient Type (Emollients, Surfactants, Rheology Modifiers, Emulsifiers, and Conditioning Polymers); Application (Skin Care, Hair Care, Oral Care, And Make-up); Region/Country.

Access sample report (including graphs, charts, and figures):  https://univdatos.com/report/personal-care-ingredients-market/get-a-free-sample-form.php?product_id=28008

The personal care ingredients market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the personal care ingredients market. The personal care ingredients market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the personal care ingredients market at the global and regional levels.

Market Overview

The global personal care ingredients market is growing on the changing lifestyles and increasing purchasing power of consumers in developing countries and the rapid growth of multifunctional personal care ingredients. Personal care ingredients are the raw materials for skin care products around the world. These ingredients can be used in skin care products such as anti-fungal, anti-aging, and skin care. It can also be divided into active and inactive ingredients. Moreover, factors such as the rising demand for higher quality personal care ingredients in Europe and North America, the consumer preference toward bio-based and natural personal care ingredients, the increasing demand and production of skincare and hair care products, and the presence of a huge cosmetic industry are also influencing the growth of the personal care ingredients market.

Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://univdatos.com/report/personal-care-ingredients-market/

Some of the major players operating in the market include BASF SE, Ashland Global Specialty Chemicals Inc., Solvay SA, Dow Chemical Company, Clariant AG, Croda International plc, Evonik Industries AG, Lonza Group, Adeka Corp., and Wacker Chemie AG.

COVID-19 Impact

The coronavirus outbreak has impacted the personal care industry and has directly impacted the personal care ingredients market. This decline is largely due to lockdowns imposed by countries to comply with social distancing standards. A global economic slowdown is also causing turmoil in the industry. Manufacturing facility closures are having a negative impact on the personal care ingredients market. The pandemic is impacting consumer spending on basic grocery purchases.

The Global Personal Care Ingredients Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

·        Based on ingredient type, the market is classified into emollients, surfactants, rheology modifiers, emulsifiers, and conditioning polymers. The emollient segment catered to a significant share of the personal care ingredients market in 2020. Emollients are the most widely used ingredients in the personal care market due to their wide range of applications including skin care, hair care, oral care, makeup, and toiletries. In addition, its soothing and smoothing properties, which form a protective barrier on the surface of the skin, drive its demand

·        Based on application, the market is divided into skin care, hair care, oral care, and make-up. The demand for personal care ingredients is comparatively higher in skin care applications. This segment caters to various skin-related requirements such as anti-ageing, anti-acne, and sun protection. The rising demand for skin care products, body lotion, facial creams, and others from consumers across the globe. In addition, the use of innovative ingredients has created new personal care ingredients market trends

 

Get the inside scoop with Sample report:-https://univdatos.com/report/personal-care-ingredients-market/get-a-free-sample-form.php?product_id=28008

Personal Care Ingredients Market Geographical Segmentation Includes:

·        North America (The United States, Canada, and the Rest of North America)

·        Europe (Germany, The United Kingdom, France, Italy, Spain, and the Rest of Europe)

·        Asia-Pacific (China, India, Japan, and the Rest of Asia-Pacific)

·        Rest of the World

Europe captured a prominent share of the market in 2020. This is due to the growing demand for personal care ingredients from various luxury products such as skin care, hair care, oral care, and makeup. In addition, the high purchasing power of consumers in the region and the growing demand for natural cosmetics with high-quality products are driving the growth of personal care ingredients in Europe.

The major players targeting the market include

·        BASF SE

·        Ashland Global Specialty Chemicals Inc.

·        Solvay SA

·        Dow Chemical Company

·        Clariant AG

·        Croda International plc

·        Evonik Industries AG

·        Lonza Group

·        Adeka Corp.

·        Wacker Chemie AG

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the personal care ingredients market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the personal care ingredients market?

• Which factors are influencing the personal care ingredients market over the forecast period?

• What are the global challenges, threats, and risks in the personal care ingredients market?

• Which factors are propelling and restraining the personal care ingredients market?

• What are the demanding global regions of the personal care ingredients market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs. 


Related Report

Beverage Flavoring Systems Market

Lip Gloss Market

Taste Modulators Market

Benzyl Alcohol Market  

Orthopedic Shoes Market 

Contact Us:

UnivDatos Market Insights

Ankita Gupta

Director Operations

Ph: +91-7838604911

Email: [email protected]

Website: https://univdatos.com/

collect
0
avatar
Ahasan Ali
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more