What is Personal Care Ingredients Market?
Personal care ingredients are a group of chemicals which are used in skin care, hair care, oral care, and make-up. In other words, these are the raw materials which are added while preparing the personal care products such as cleansing pads, colognes, cotton swabs, cotton pads, deodorant, eye liner, facial tissue, hair clippers, lip gloss, lipstick, lip balm and others. The ingredients include emollients, surfactants, emulsifiers, thickeners, antioxidants, active ingredients, and others.
Highlights from Personal Care Ingredients Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Ashland Global Holdings Inc. (United States), BASF SE (Germany), Croda International Plc. (United Kingdom), Evonik Industries AG (Germany), Lonza Group Ltd. (Switzerland), Solvay SA (Belgium), Akzo Nobel N.V. (Netherlands), Clariant AG (Switzerland), The Dow Chemical Company (United States) and Wacker Chemie AG (Germany) |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States, Germany Vendors will contribute to the maximum growth of Global Personal Care Ingredients market throughout the forecasted period.
Ashland Global Holdings Inc. (United States), BASF SE (Germany), Croda International Plc. (United Kingdom), Evonik Industries AG (Germany), Lonza Group Ltd. (Switzerland), Solvay SA (Belgium), Akzo Nobel N.V. (Netherlands), Clariant AG (Switzerland), The Dow Chemical Company (United States) and Wacker Chemie AG (Germany) are some of the key players profiled in the study. Personal Care Ingredients Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Skin Care, Hair Care, Oral Care, Make-up and Others |
Type | Emollients, Surfactants, Emulsifiers, Rheology Modifiers and Active Ingredients |
Nature | Organic,Conventional |
On the basis of geography, the market of Personal Care Ingredients has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Inclination of Consumers Towards the Organic Products and Usage of Multi-functional Products
Market Growth Drivers:
Increasing Disposable Income of People and Rising Usage of Personal Care Products
Challenges:
Side Effects After Application May Hamper the Growth
Restraints:
Stringent Government Regulations
Opportunities:
High Growth Potential from Emerging Economies and Changing Lifestyle of Consumers
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organisations and Others