Pune India, May 20, 2022 (GLOBE NEWSWIRE) -- The market has been studied for the below mentioned-segmentation and regional analysis for North America, Europe, Asia, South America, and Middle East and Africa. These are the key regions where the personal care ingredients market is operating currently and is predicted to expand in the near future. The manufacturers and suppliers involved in the personal care ingredients market is present across various countries in the above-mentioned regions.
Get Sample Copy of This Report @ https://greyviews.com/reports/personal-care-ingredients-market/48/request-sample
The report provides detailed understanding of the market segments which have been formed by combining different prospects such as the ingredient type, application, and others. Apart from this, the key driving factors, restraints, potential growth opportunities and market challenges are also discussed in the below paragraphs.
Global Personal Care Ingredients Market Size by Ingredient Type (Emollients, Surfactants, Emuslifiers, Rheology Modifiers, Conditioning Polymers, and Others), Application (Skin Care, Hair Care, Oral Care, Make-up, and Others), Regions, Segmentation, and forecast till 2029.
The significant players operating in the global personal care ingredients market are Ashland Global Holdings Inc., BASF SE, Berkshire Hathaway Inc., Clariant AG, Croda International Plc, DOW, Inc., Evonik Industries AG, J.M. Huber Corporation, KCC Corporation, and Solvay S.A. among others. To achieve a substantial market share in the worldwide personal care ingredients market and strengthen their position, manufacturers are pursuing expansion methods such as current developments, mergers and acquisitions, product innovations, collaborations, and partnerships, joint ventures. Among these, BASF SE is one of the most significant manufacturers and distributors present in the global personal care ingredients market.
The desire for more authentic and socially-responsible ways of living has led to the rise in adoption of personal care products, fueling the market growth. The prominent ingredients includes emollients, preservatives, emulsifiers, mild surfactants, actives, and pearlizers. In past few years, the personal care ingredients is seeing emergence of trending natural beauty ingredients including sea buckthorn oil, pearl powder and ceramides.
Growing disposable income coupled with the rise in purchasing power of consumers has driven growth of the global market. For instance, the markets such as the Association of Southeast Asian Nations (ASEAN) are seeing observable increase in the purchasing power of consumers coupled with the rising interest in multifunctional skin care products. This trend has boosted growth of the global market.
Enquiry Before Buying This Report @ https://greyviews.com/inquiry/48
Scope of Personal Care Ingredients Market Report
| Report Metric | Information |
| Study Period | 2021-2029 |
| Base Year | 2021 |
| Forecast Period | 2022-2029 |
| Market Share Unit | USD Billion |
| Segments Covered | Ingredient Type and application |
| Regions Covered | North America, Europe, Asia-Pacific, South America and Middle-East and Africa |
| Major Players | Ashland Global Holdings Inc., BASF SE, Berkshire Hathaway Inc., Clariant AG, Croda International Plc, DOW, Inc., Evonik Industries AG, J.M. Huber Corporation, KCC Corporation, and Solvay S.A. among others |
Segmentation Analysis
Emollients segment is expected to be the fastest growing segment in 2021.
The ingredient type segment includes emollients, surfactants, emuslifiers, rheology modifiers, conditioning polymers, and others. Emollients segment is expected to witness highest growth rate during the forecast period due to its applicability in skin care, oral care, make-up, hair care, and toiletries products. Further, in April 2022, Biosynthetic Technologies, LLC, the manufacturer of bio based synthetic molecules launched its 100% biobased emollient for personal care. Such products developments are projected to create lucrative growth opportunities for this segment.
Hair care segment is expected to be the fastest growing segment in 2021.
The livestock type segment includes skin care, hair care, oral care, make-up, and others. Hair care segment is anticipated to witness highest CAGR during the forecast period owing to emerging popularity of products such as hair masks, hair oils, shampoos, conditioners, hair straighteners, hair serums, and hair sprays. In addition, there is huge demand for mild ingredients in hair care solutions as most of the consumers prefer water-based products instead of solvent based ones to ensure ease of use and minimal hair damage.
Regional Analysis
The regional analysis provides a detailed perception about the key regions and the countries. Some of the key countries analyzed for the personal care ingredients include US, Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, China, Japan India, Brazil, Peru, UAE, South Africa and Saudi Arabia.
Europe region witnessed a major share as the region is leader in cosmetics industry with dominant cosmetics exports in past few years. However, Asia-Pacific is expected to witness highest growth rate during the forecast period. The number of factors such as growing population, increasing disposable incomes, and growing geriatric population in this region has driven demand for personal care products.
Country Analysis
Germany
In Germany, the high consumer interest in premium cosmetics has driven growth of the personal care ingredients market.
Germany personal care ingredients market size was valued at USD 1.09 billion in 2021, at a CAGR of 4.78% from 2022 to 2029.
Further, this is one of the major countries with most rapidly ageing population in the world, hence, the need for skincare solutions in boosts growth of the market in the country. Also the country is seeing new product innovations in skincare industry. For instance, in April 2022, Beiersdorf, a German multinational company announced to launch the world’s first skincare product with recycled CO2.
China
China personal care ingredients market size was valued at USD 0.94 billion in 2021 and is expected to reach USD 1.42 billion by 2029, at a CAGR of 5.5% from 2022 to 2029. Growing disposable income, considerable growth in urbanization, and social media influence has boosted growth of the personal care ingredients market in China. In addition, increasing imports of personal care products in the country is projected to boost growth of the market. For instance, according to the U.S. Department of Commerce data in 2020, the U.S. exported about $838 million of personal care and cosmetic products to China, up 2.2% from previous year.
India
India personal care ingredients market size was valued at USD 0.69 billion in 2021 and is expected to reach USD 1.04 billion by 2029, at a CAGR of 5.6% from 2022 to 2029. India is one of the strongest growing economies in Asia. Increasing focus on personal hygiene and health, improving consumer living standards, and demand for men's grooming products has driven growth of the India personal care ingredients market. In addition, the personal care brands in this country are targeting niche audiences with the proposition of sustainable and natural products. This factor is further projected to create lucrative growth opportunities for the market.
Covid-19 Impact
Covid-19 had a major impact on almost all of the industries such as construction, manufacturing, oil and gas, automobile, etc. Similarly, the demand for personal care ingredients has decreased during the period owing to the regulations on social distancing and supply chain disruptions. In most of the regions, the manufacturing facilities of personal care ingredients were closed in the second and third quarters of fiscal year 2020. The major end-users were also temporarily closed during this period and thus the demand for personal care ingredients significantly decreased.
Buy Now Full Report @ https://greyviews.com/checkout/48/single_user_license
Contact Us
Rocky Shah
GreyViews
Pune India
Phone: (+44) 162-237-1047
Email: sales@greyviews.com
Browse Related Reports:
Global Metal Cleaning Market Size by Ingredients Type (Chelating Agent, Surfactant, Solvents, Solubilizers, pH Regulators, and Others), Cleaner Type (Aqueous and Solvent), End-Use Industry (Automotive & Aerospace, Manufacturing, Healthcare, and Others), Metal Type (Steel, Copper, Aluminium, and Others) and Regions, Segmentation and Projection till 2028.
https://greyviews.com/reports/global-metal-cleaning-market/31
Global Ethyl Acetate Market Size by Application (Adhesives and Sealants, Paints and Coatings, Process Solvents, Intermediates, Pigments, and Other), End-user Industry (Food and Beverage, Pharmaceutical, Packaging, Automotive, Artificial Leather, and Others), Regions, Segmentation and Projection till 2028.
https://greyviews.com/reports/global-ethyl-acetate-market/29
Global Zeolites Market Size by Product Type (Natural and Synthetic), Function (Ion-Exchange, Molecular Sieve, and Catalyst), Framework (Linde Type A, Faujasite, and MFI), Pore Size (3A – 7A and 7A – 10A), End-use (Construction & Building Materials, Animal Feed, Wastewater Treatment, Soil Remediation, and Others), and Application (Adsorbents, Catalysts, Detergent Builders, and Others), Regions, Segmentation, and Projection till 2028.
https://greyviews.com/reports/global-zeolites-market/27
Global Biosurfactants Market Size by Type (Glycolipids, Lipopeptides and Lipoproteins, Phospholipids and Fatty Acids, Polymeric Biosurfactants, and Particulate Biosurfactants), Application (Detergents, Personal Care, Food Processing, Agricultural Chemicals, and Others), Regions, Segmentation, and Projection till 2028.
https://greyviews.com/reports/global-biosurfactants-market/25
Global Castor Oil Derivatives Market Size by Product (Sebacic acid, 12HSA, Ricinoleic Acid, Undecylenic acid, Dehydrated Castor Oil, Hydrogenated Castor oil (Castor wax), and Others) and Application (Lubricants, Surface Coatings, Cosmetics & Pharmaceuticals, Biodiesel, Plastics & Resins, and Others), Regions, Segmentation, and Projection till 2028.
https://greyviews.com/reports/global-castor-oil-derivatives-market/24
Global Natural Oil Polyols Market Size by Product (Soy Oil Polyols, Castor Oil Polyols, Canola Oil Polyols, Palm Oil Polyols, and Sunflower Oil Polyols), End-use (Furniture & Interiors, Construction, Electrical & Electronic Appliances, Footwear, Automotive, Packaging, and Others), Regions, Segmentation and Projection till 2028.
https://greyviews.com/reports/global-natural-oil-polyols-marke/21
Global Bio solvents Market Size by Product (Lactate Ester, Soy Methyl Ester, Glycols, Alcohol, and Others), Application (Paints & Coatings, Printing Inks, Adhesives & Sealants, and Others), Regions, Segmentation and Projection till 2028.
https://greyviews.com/reports/global-bio-solvents-market/20
Global Mining Chemicals Market Size by Product type (Frothers, Flocculants, Collectors, Solvent Extractants, and Grinding aids), Mineral Type (Base metals, Non-metallic minerals, Precious metals, and Rare earth metals), Application (Mineral Processing, Explosives & Drilling, Water & Wastewater Treatment, and Others), Regions, Segmentation, and Projection till 2028
https://greyviews.com/reports/global-mining-chemicals-market/13
Global Detergents Chemicals Market Size by Product (Surfactants, Builders, Enzymes, Fragrances, Bleaching Agents, and Others) and Application (Laundry Cleaning Products, Household & Commercial Cleaning Products, Dishwashing Products, Personal Cleaning Products, Fuel Additives, Biological Reagents, and Others), and End User (household and industrial & institutional) Regions, Segmentation and Projection till 2028.
https://greyviews.com/reports/global-detergents-chemicals-market/12
Global Specialty Oleochemicals Market Size by Product Type (Specialty Ester, Fatty Acid Methyl Ester, Glycerol Ester, Alkoxylates, Fatty Amines, and Others), By Application (Personal Care & Cosmetics, Food Processing, Consumer Goods, Health & Pharmaceuticals, Polymer & Plastic Additives, Textile, Paints & Coatings, and Others), Regions, Segmentation, and Projection till 2028
https://greyviews.com/reports/global-specialty-oleochemicals-market/8
Global Pharmaceutical Processing Seals Market Size by Type (O-rings, Gaskets, Lip seals, D seals, and Others), Material (Metals, PTFE, Silicone, Nitrile Rubber, EPDM, FKM, FFKM, UHMWPE, and PU), Application (Manufacturing equipment and Others), Regions, Segmentation and Projection till 2028.
https://greyviews.com/reports/global-pharmaceutical-processing-seals-market/3
Maleic Anhydride Market Size by Source (N-Butane and Benzene), Application (Unsaturated Polyester Resins, Lubricating Oil Additives, Food Additives, Copolymers, 1,4-BDO, Plasticizers, and Others), End-users (Building and Construction, Automotive, Food and Beverages, Electronics, Pharmaceutical, Personal Care, Agriculture, and Others), Distribution Channel (Direct and Indirect) Regions, Segmentation, and Projection till 2029.
https://greyviews.com/reports/maleic-anhydride-market/47
Global Personal Care Ingredients Market Size by Ingredient Type (Emollients, Surfactants, Emuslifiers, Rheology Modifiers, Conditioning Polymers, and Others), Application (Skin Care, Hair Care, Oral Care, Make-up, and Others), Regions, Segmentation, and forecast till 2029.
https://greyviews.com/reports/personal-care-ingredients-market/48
