Global Personal Care Chemicals Market 2024-2028
The personal care chemicals market is forecasted to grow by USD 30.32 bn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the personal care chemicals market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in e-commerce sales of personal care products, strategic initiatives by market vendors, and increasing penetration in developing economies.
Technavio's personal care chemicals market is segmented as below:
By Product
- Skin care
- Hair care
- Cosmetics
- Fragrances
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the growing demand for male personal care products as one of the prime reasons driving the personal care chemicals market growth during the next few years. Also, increase in demand for personal care products with active ingredients and growing r and d activities of market vendors will lead to sizable demand in the market.
The report on the personal care chemicals market covers the following areas:
- Personal care chemicals market sizing
- Personal care chemicals market forecast
- Personal care chemicals market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading personal care chemicals market vendors that include Ashland Inc., BASF SE, Berkshire Hathaway Inc., Clariant International Ltd., Corbion nv, Croda International PLC, Dow Inc., Galaxy Surfactants Ltd., Huntsman Corp, Innospec Inc., Lonza Group Ltd., Merck KGaA, Nouryon, RAG Stiftung, Sasol Ltd., Solvay SA, Stepan Co., and Wacker Chemie AG. Also, the personal care chemicals market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.