Dublin, Aug. 30, 2024 (GLOBE NEWSWIRE) — The “Personal Care Ingredients – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Personal Care Ingredients is estimated at US$12.3 Billion in 2023 and is projected to reach US$16.3 Billion by 2030, growing at a CAGR of 4.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the personal care ingredients market is driven by several factors. One major driver is the increasing consumer awareness and demand for high-quality, safe, and effective personal care products. This is propelling the development and adoption of advanced ingredients that offer superior performance and meet stringent safety standards. The rise of the wellness and self-care trend, where consumers are investing more in personal grooming and skincare routines, is also boosting market growth. Technological advancements that facilitate the production of innovative and sustainable ingredients are further contributing to market expansion.
Additionally, the growing popularity of e-commerce and digital marketing is making it easier for consumers to access a wide range of personal care products, thus increasing the demand for diverse and effective ingredients. These factors, combined with the continuous drive for innovation and sustainability, ensure robust growth in the personal care ingredients market, catering to the evolving needs and preferences of global consumers.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Emollients segment, which is expected to reach US$5.0 Billion by 2030 with a CAGR of a 4.5%. The Surfactants segment is also set to grow at 3.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.3 Billion in 2023, and China, forecasted to grow at an impressive 6.6% CAGR to reach $3.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Air Liquide SA, Akzo Nobel NV, Ashland Global Holdings, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 244 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $12.3 Billion |
| Forecasted Market Value (USD) by 2030 | $16.3 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Personal Care Ingredients – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Rising Demand for Natural and Organic Personal Care Products Propels Growth
- Technological Advancements in Ingredient Formulation Strengthen Business Case
- Increasing Consumer Awareness of Clean Label Products Expands Market Opportunity
- Growth in Anti-Aging and Skin Care Segments Spurs Demand for Innovative Ingredients
- Development of Multifunctional Personal Care Ingredients Drives Market Growth
- Rising Popularity of Vegan and Cruelty-Free Products Enhances Market Potential
- Expansion of Men’s Grooming Market Generates Opportunities for New Ingredients
- Growth in E-commerce and Direct-to-Consumer Sales Channels Spurs Demand
- Innovations in Biotechnology for Personal Care Ingredient Development Propel Market Expansion
- Strategic Partnerships and Collaborations in Ingredient Manufacturing Strengthen Market Growth
- Rising Incidence of Skin Conditions and Allergies Drives Demand for Specialized Ingredients
FOCUS ON SELECT PLAYERS (Total 41 Featured)
- Air Liquide SA
- Akzo Nobel NV
- Ashland Global Holdings, Inc.
- BASF SE
- Clariant AG
- Corbion NV
- Croda International PLC
- Dow, Inc.
- DuPont de Nemours, Inc.
- Eastman Chemical Company
- Evonik Industries AG
- Galaxy Surfactants Ltd.
- Givaudan SA
- Huntsman Corporation
- Innospec, Inc.
- Koninklijke DSM NV
- Lonza Group AG
- Merck KgaA
- Momentive Performance Materials, Inc.
- Oxiteno
- Solvay SA
- Stepan Company
- Symrise AG
- The Lubrizol Corporation
- Wacker Chemie AG
For more information about this report visit https://www.researchandmarkets.com/r/8hrp20
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- Global Personal Care Ingredients Market
