Global Personal Care Ingredients Market 2024-2028
The personal care ingredients market is forecasted to grow by USD 3038.5 mn during 2023-2028, accelerating at a CAGR of 4.2% during the forecast period. The report on the personal care ingredients 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 rising demand for multifunctional personal care products, increased awareness of sun care products, and growing popularity of skin care cosmeceuticals.
Technavio's personal care ingredients market is segmented as below:
- By Product
- Surfactants
- Conditioning agents
- Emollients
- Control agents
- Others
- By Application
- Skin care
- Cosmetics
- Hair care
- Oral care
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the growing focus of vendors on new product launches as one of the prime reasons driving the personal care ingredients market growth during the next few years. Also, increasing number of strategic alliances among vendors and increasing focus of vendors on sustainability will lead to sizable demand in the market.
The report on the personal care ingredients market covers the following areas:
- Personal care ingredients market sizing
- Personal care ingredients market forecast
- Personal care ingredients 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 ingredients market vendors that include Ashland Inc., BASF SE, Clariant AG, Croda International Plc, Dow Inc., Evonik Industries AG, Givaudan SA, ICHIMARU PHARCOS Co. Ltd., Innospec Inc., Kobo Products Inc., Koninklijke DSM NV, Kraton Corp., Merck KGaA, Nouryon, SEPPIC SA, Solvay SA, Stepan Co., Symrise Group, The Lubrizol Corp., and Vantage Specialty Chemicals. Also, the personal care ingredients 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 primary and secondary research. 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 accurate market growth.