CHICAGO, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Data Bridge Market research has a newly released expansive study titled “Global Personal Care Ingredients Market” which guarantees you will remain better informed than your competition. This study provides a broader perspective of the marketplace with its comprehensive market insights and analysis which eases survival and success in the market. By utilizing a few steps or a number of steps, the process of formulating the Personal care ingredients Market research report is commenced with expert advice. This industry report contains a chapter on the global Personal care ingredients Market and all its linked companies with their profiles, which presents valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. Personal care ingredients are the raw materials used to make skin-care products all over the world.
Global Personal Care Ingredients Market was valued at USD 11.80 billion in 2021 and is expected to reach USD 16.78 billion by 2029, registering a CAGR of 4.50% during the forecast period of 2022-2029. In addition to the market insights such as, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
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REPORT METRIC
- Forecast Period - 2022 to 2029
- Base Year – 2021
- Historic Years - 2020 (Customizable to 2014 - 2019)
Market Synopsis:-
The personal care ingredients have witnessed huge growth over significant growth over forecast period due to the increasing spending capacity of individuals worldwide. Furthermore, the market has benefited from the availability of a diverse range of products as a result of enterprises' ongoing focus on innovation, propelling the global personal care ingredients market forward.
Personal care ingredients are the raw materials used to make skin-care products all over the world. These compounds can be utilized in skin care products as antifungal, anti-aging, skin conditioning, and other properties. Ingredients can also be divided into active and inactive categories. Anti-ageing agents, exfoliants, conditioning agents, and UV protection agents are active components, while surfactants, preservatives, colorants, and polymer compounds are inactive ingredients.
Some of the major players operating in the personal care ingredients market are
- BASF SE (Germany)
- Ashland (U.S.)
- Solvay (Belgium)
- Dow (U.S.)
- Clariant (Switzerland)
- Croda International Plc. (U.K.)
- Evonik Industries AG (Germany)
- Kemira (Finland)
- The Lubrizol Corporation (U.S.)
- NIPPON SHOKUBAI CO. LTD (Japan)
- Dow (U.S.)
- Henan Qingshuiyuan Technology CO., Ltd., (China)
- Aurora Fine Chemicals (U.S.)
- Zouping Dongfang Chemical Co., Ltd. (China)
- ACURO ORGANICS LIMITED (U.S.)
- Maxwell Additives Pvt. Ltd (India)
- Nouryon (Netherlands)
- Lonza (Switzerland)
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Recent Development
- In August 2020, BASF SE has added a new production line to its Kaohsiung location in Taiwan, which will increase the production of Uvinul A Plus, a UVA (UV longest wavelength) protection component. It's found in a variety of sun and skin care products. The production line was launched in response to increased customer demand in the Asia Pacific region.
Opportunities
- Shift towards Sustainable and Bio-based Products
Environmentally hazardous by-products and carbon emissions are produced when personal care ingredients are made from petrochemicals. As a result, various non-hazardous and environmentally friendly ingredients are being developed. As a result, enzymes capable of generating bio-based solutions have been developed. Bio-based goods can be designed to fulfil a wide range of customer requests in addition to reducing carbon footprints. Outstanding cleaning and wetting properties, as well as multipurpose capabilities, are among the increased properties. Growing consumer awareness of biodegradable products has led to the creation of novel products, which are projected to extend profitable opportunities to the market players in 2022 to 2029.
- Technological Advancements
The personal care ingredients market has a possibility to grow as a result of technological advancements. The personal care ingredients market in Europe and North America is defined by substantial experience and understanding. In both established and emerging countries, advancements in personal care products and advancements in applications are increasing demand for better products.
Key Market Segments:
The personal care ingredients market is segmented on the basis of ingredients, source, applications and chemical function and properties. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
By Ingredients
- (Antimicrobial, Colour Cosmetics Ingredient, Conditioning Polymer, Hair Fixative Polymers, UV Absorbers, Emollients, Emulsifiers, Surfactants, Rheology Modifiers, Active Ingredients, Others), Source (Natural Ingredients, Synthetic Ingredients)
Source
- Natural Ingredients
- Synthetic Ingredients
Applications
- Skin Care
- Hair Care
- Oral Care
- Make-Up
- Others
Chemical function
- Chelating Agents
- Cream Bases
- Active Ingredients
- Protein Products
- Lipid Layer Enhancers
- Humectants
- Shine Concentrates
- Thickeners
- Waxes
- Opacifiers
- Others
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Personal Care Ingredients Market Regional Analysis/Insights
The countries covered in the personal care ingredients market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for personal care ingredients from various luxury products such as skin care, hair care, oral care, make-up, and others within the region.
Personal Care Ingredients Key Benefits over Global Competitors:
The report provides a qualitative and quantitative analysis of the Personal Care Ingredients market trends forecasts, and market size to determine new opportunities.
Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
Top impacting factors & major investment pockets are highlighted in the research.
The major countries in each region are analyzed and their revenue contribution is mentioned.
The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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