Personal Care Ingredients Market Size, Latest Trends, Regional Insights Dynamics By 2032
Climbing up from a value of US$ 12,056.20 Million in 2022, the personal care ingredients market is likely to be driven by the heightened emphasis on personal care and self-grooming. The global personal care ingredients market is projected to reach a value of US$ 19,452 Million in 2032, with the market growing at a moderate CAGR of 4.9% over the forecast period of 2022 to 2032.
The increasing investments in research and development of skin-specific products are supposed to augment the market expansion of personal care ingredients over the projected period. Personal care ingredients are synthetic chemicals that are utilized in different cosmetics and beauty products.
People now have access to a variety of international personal care ingredients owing to rising globalization and escalating digitalization. People all over the globe are aware of various regional personal care ingredients due to a combination of globalization and technology.
This bodes well for the future prospects of the personal care ingredients market. The immense stress on hygiene and grooming along with a desire to look good across all age groups is propelling the market growth of the personal care ingredients market.
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Key Segments Profiled in the Personal Care Ingredients Industry Survey
Personal Care Ingredients Market by Application:
- Personal Care Ingredients for Skin Care
- Personal Care Ingredients for Make-up
- Personal Care Ingredients for Oral Care
- Personal Care Ingredients for Hair Care
Personal Care Ingredients Market by Product Type:
- Emollients
- Surfactants
- Emulsifiers
- Antimicrobials
- UV Absorbers
- Conditioning Polymers
- Rheology Modifiers
- Colorants and Preservatives
Personal Care Ingredients by Consumer:
- Personal Care Manufacturer
- Consultants in Chemical Industries
- End-use-Industries
Competitive Landscape
Croda International plc. (U.K.), BASF SE (Germany), Ashland Global Inc. (U.S.), Evonik Industries AG (Germany), Akzo Nobel N.V. (Netherlands), Clariant AG (Switzerland), The Dow Chemical Company (U.S.), Wacker Chemie AG (Germany), Lonza Group Ltd. (Switzerland) and Solvay SA (Belgium) and Beiersdorf., and others, are some of the major players in the personal care ingredients market that are profiled in the full version of the report.
Major market players are focusing on product innovation and development as well as employing a more environment-friendly operations strategy to strengthen their market penetration.
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