CHICAGO, Aug. 11, 2022 (GLOBE NEWSWIRE) — Data Bridge Market Research has unveiled a comprehensive and expansive study titled “Global Personal Care Ingredients Market Analysis” that ensures you have a competitive edge in the industry. This in-depth study offers a wide-ranging perspective of the marketplace, delivering comprehensive market insights and detailed analysis that facilitate survival and success in a dynamic market landscape. The formulation of the Personal Care Ingredients Market research report is initiated through expert guidance, incorporating various methodologies. This industry report features a dedicated chapter on the global Personal Care Ingredients Market, outlining all associated companies and their profiles, which provide invaluable data regarding financial outlooks, product portfolios, investment strategies, and marketing approaches. Personal care ingredients serve as essential raw materials utilized globally in skin-care products.
The Global Personal Care Ingredients Market was valued at USD 11.80 billion in 2021 and is projected to soar to USD 16.78 billion by 2029, achieving a robust CAGR of 4.50% during the forecast period from 2022 to 2029. Beyond market insights like segments, geographical coverage, key players, and market scenarios, the market report created by the Data Bridge Market Research team also includes extensive expert analysis, import/export evaluations, pricing strategies, production and consumption analysis, as well as climate chain scenarios that significantly impact the industry.
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Key Report Metrics
- Forecast Period – 2022 to 2029
- Historic Years – 2020 (Customized to 2014 – 2019)
Market Overview:
The personal care ingredients sector has experienced significant growth during the forecast period, primarily due to the rising spending power of consumers worldwide. Additionally, the market has benefited from the abundant availability of a diverse array of products, driven by companies’ ongoing commitment to innovation, which has propelled the global personal care ingredients market forward and created a competitive landscape.
Personal care ingredients refer to the essential raw materials incorporated into skin-care products globally. These compounds possess various properties such as antifungal, anti-aging, and skin-conditioning effects, making them indispensable in formulation. Ingredients can be classified into active and inactive categories. Active ingredients include anti-aging agents, exfoliants, conditioning agents, and UV protection compounds, while inactive ingredients encompass surfactants, preservatives, colorants, and polymer compounds that enhance product stability and performance.
Leading Players in the Personal Care Ingredients Market
- Croda International Plc. (U.K.)
- Evonik Industries AG (Germany)
- The Lubrizol Corporation (U.S.)
- NIPPON SHOKUBAI CO. LTD (Japan)
- 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)
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Recent Industry Developments
- In August 2020, BASF SE announced the addition of a new production line at its Kaohsiung facility in Taiwan, aimed at boosting production of Uvinul A Plus, a UVA protection component widely used in sun care and skin care products. This initiative was launched in response to the growing customer demand in the Asia-Pacific region.
Emerging Opportunities in the Market
- Transition to Sustainable and Bio-based Ingredients
The production of personal care ingredients from petrochemicals results in environmentally harmful by-products and carbon emissions. Consequently, there is a growing development of non-toxic and environmentally friendly ingredients. Innovations in enzyme technology are paving the way for bio-based solutions that not only reduce carbon footprints but also meet diverse customer demands. Enhanced properties such as outstanding cleaning and wetting capabilities, alongside multipurpose functions, are driving the creation of novel products. This shift towards biodegradable options is expected to present lucrative opportunities for market players from 2022 to 2029.
- Technological Innovations
Technological advancements hold significant potential for growth within the personal care ingredients market. The sectors in Europe and North America are characterized by extensive expertise and understanding. In both developed and emerging economies, progress in personal care products and innovative applications is driving the demand for superior products, thereby enhancing market potential.
Key Market Segmentation Insights:
The personal care ingredients market is categorized based on ingredients, sources, applications, and chemical functions and properties. The growth within these segments will enable a detailed analysis of underperforming areas in the industry, providing users with valuable market insights to facilitate strategic decision-making for identifying core market applications.
By Ingredients:
- (Antimicrobial, Colour Cosmetics Ingredients, Conditioning Polymers, 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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Insights into Regional Markets for Personal Care Ingredients
The countries encompassing the personal care ingredients market report include the U.S., Canada, and Mexico in North America, along with Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and the Rest of Europe. In the Asia-Pacific region (APAC), the report covers China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, the Philippines, and the Rest of APAC. It also includes Saudi Arabia, U.A.E, Israel, Egypt, South Africa, and the Rest of the Middle East and Africa (MEA), as well as Brazil, Argentina, and the Rest of South America.
North America: A Dominant Force in the Personal Care Ingredients Market
North America leads the market in terms of share and revenue, expected to sustain its dominance throughout the forecast period from 2022 to 2029. This growth can be attributed to the increasing demand for personal care ingredients across various luxury products, including skin care, hair care, oral care, and cosmetics within the region.
Competitive Advantages of Personal Care Ingredients in the Global Market:
This report provides both qualitative and quantitative analyses of the Personal Care Ingredients market trends, forecasts, and market sizes to identify emerging opportunities.
Utilizing Porter’s Five Forces analysis, the report evaluates the bargaining power of buyers and suppliers, enabling stakeholders to make informed strategic business decisions and assess the competitive landscape.
Key influencing factors and major investment opportunities are highlighted within the research.
The report also analyzes significant countries within each region, detailing their contributions to revenue.
The market player positioning section offers insights into the current standing of active participants in the Personal Care Ingredients sector.
Comprehensive Table of Contents
Part 01: Executive Summary
Part 02: Report Scope
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: Market Drivers and Challenges
Part 13: Emerging Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
For Additional Insights, Access the TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-personal-care-ingredients-market&GNW/11Aug2022
Explore Related Market Reports:
- Organic Personal Care Products Market Overview, featuring segments such as Hair Care, Skin Care, Lip Care, Body Care, Oral Care, Men’s Grooming, available at https://www.databridgemarketresearch.com/reports/global-organic-personal-care-products-market
- Personal Care Specialty Ingredient Market Insights, categorized by Product Types including Active and Inactive Ingredients, with an application focus on Skin Care, Hair Care, Oral Care, and Make-Up, accessible at https://www.databridgemarketresearch.com/reports/global-personal-care-specialty-ingredient-market
- Men’s Personal Care Market Analysis, detailing products such as Skin Care, Shaving, Oral Care, and Hair Care, available at https://www.databridgemarketresearch.com/reports/global-mens-personal-care-market
- Baby Personal Care Products Market Evaluation, categorized by product types including Toiletries and Cosmetics, accessible at https://www.databridgemarketresearch.com/reports/global-baby-personal-care-products-market
- <u>Foam-based Beauty and Personal Care Products Market Research</u>, including various product types and distribution channels, available at https://www.databridgemarketresearch.com/reports/global-foam-based-beauty-and-personal-care-products
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