Global Personal Care Ingredients Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2019–2028
“Global Personal Care Ingredients Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global personal care ingredients market report has been segmented as per type, application, and region.
Global Personal Care Ingredients Market: Overview
The personal care ingredients are some chemicals that are largely used in various personal care products such as skin care, hair care, oral care, cosmetics. Personal care products include a wide variety of products such as soaps, toothpaste, face cream, face wash, and others that are usually used to enhance personal appearance and maintain personal hygiene. These personal care products are made from various ingredients which are obtained from synthetic and natural sources.
Global Personal Care Ingredients Market: Dynamics
Growing demand for a variety of skin care and hair care products among individuals and rising consumer expenditure on personal care products across the globe are major factors projected to boost growth of the target market. In addition, improving the standard of living across the globe and rising demand for multifunctional personal care products among individuals resulting in the growing demand for personal care ingredients among various industries across the globe. These are some factors expected to fuel growth of the global personal care ingredients market in next 10 years.
Growing popularity of various personal care products among consumers and rising demand for organic and natural personal care products across the globe results into the growing demand for personal care ingredients in many regions. These are among other factors expected to propel growth of the target market during the forecast period. In addition, rising environmental issues such as water pollution, air pollution, and others across the globe are some factors forecasted to support growth of the global market.
Furthermore, rising research and development investments, increasing technological innovations in the ingredient processing, and high focus on the production of cost-effective personal care products by major personal care manufacturers. These are other factors expected to proliferate growth of the global personal care ingredients market in the near future.
However, strict government rules and regulations for the production of personal care products is a key factor forecasted to hamper growth of the target market.
Global Personal Care Ingredients Market: Segment Analysis
The rapid adoption of various cosmeceutical ingredients such as antioxidants, alpha hydroxy acids, botanicals, exfoliants, peptides, depigmentation agents, and others during the production of skin care product and rapid adoption of skin care products across the globe. These are the primary factor driving the revenue growth of the skin care segment among the application segments.
Global Personal Care Ingredients Market: Region Analysis
The Asia Pacific personal care ingredients market dominates in the target market in terms of revenue, owing to the high adoption of personal care products in the countries such as India and China in this region. The market in North America is forecasted to register significant growth in the global market followed by the market in Europe, owing to high adoption of premium cosmetic products and in the countries such as Canada, US, UK, Russia, France, and Germany in these regions. The market in Latin America and Middle East & Africa are projected to register average growth in terms of revenue, owing to the rising availability of various personal care products at an affordable rate in many countries such as Brazil, South Africa, and Mexico in these regions.
Global Personal Care Ingredients Market Segmentation:
Segmentation by Type:
- Rheology Modifiers
- Active Ingredients
Segmentation by Application:
- Hair Care
- Skin Care
- Oral Care
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2017 Estimated Year 2018 Forecast Period 2018–2028 Revenue in US$
- Croda International Plc
- BASF SE
- Clariant AG
- Ashland Global Holdings Inc.
- Evonik Industries AG
- Lonza Group Ltd
- Wacker Chemie AG
- M. Huber Corporation
- Huntsman International LLC
- Artec Chemical International Limited
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