Dublin, Jan. 22, 2025 (GLOBE NEWSWIRE) — The “United States Personal Care Ingredients Market, By Region, Competition, Forecast and Opportunities, 2019-2029F” report has been added to ResearchAndMarkets.com’s offering.
Recent analyses predict the market to increase from its 2023 valuation of $1.18 billion to an anticipated $1.52 billion by 2029, marking a Compound Annual Growth Rate (CAGR) of 4.35%. This growth is propelled by the rising demand for high-quality personal care products with enhanced benefits, such as moisturizing, UV protection, and anti-aging properties.
The United States Personal Care Ingredients Market is set to experience substantial growth due to increasing consumer demand for high-quality, sustainable personal care products. With ongoing technological advancements and strong industry collaboration, the market is well-positioned for significant expansion in the years to come.
Investments in research and development, driven by consumer preference for natural and sustainable products, are fostering innovations across the market. Advancements in ingredient formulations and delivery systems are revolutionizing personal care products, improving their performance, and ensuring consumer safety and satisfaction. Collaboration between suppliers, manufacturers, and research institutions continues to be a significant driver in the industry, pushing the boundaries of creativity and technology to meet the changing consumer demands.
Focused on Sustainability and Efficiency
With a growing trend towards environmentally friendly ingredients, the US market is witnessing an increased demand for eco-friendly and renewable personal care ingredients. Technological advancements are not only enhancing the efficiency of ingredient manufacturing but also ensuring that the end products align with consumer values of sustainability and ethical sourcing.
Resilience in the Face of Supply Chain Disruptions
Despite facing challenges such as supply chain disruptions during the COVID-19 pandemic, the market demonstrates resilience through strategic planning and digital advancement. Companies within the sector are taking measures to enhance supply chain resilience, like diversifying supplier networks and implementing digital solutions to manage risks more effectively, thereby maintaining market stability.
Rising Popularity of Anti-aging Products
The market’s growth is substantially influenced by the escalating consumer focus on anti-aging solutions. Technological advancements in personal care ingredients are facilitating the emergence of new products that target signs of aging more effectively, addressing consumer needs for longevity and vitality in personal care routines.
Regional Market Dynamics
The Midwest region is leading the market share in terms of value, attributed to its well-established industrial infrastructure and favorable business environment, which encourages innovation and growth in personal care ingredients.
The Competitive Landscape
The market comprises a variety of key players including some of the most established names in the industry. These companies are at the vanguard of product innovation, partaking in rigorous research and development to provide consumers with superior personal care solutions.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 85 |
| Forecast Period | 2023 – 2029 |
| Estimated Market Value (USD) in 2023 | $1.18 Billion |
| Forecasted Market Value (USD) by 2029 | $1.52 Billion |
| Compound Annual Growth Rate | 4.3% |
| Regions Covered | United States |
Companies Featured
- BASF SE
- Evonik Industries AG
- Croda International Plc.
- The Dow Chemical Company
- Solvay SA
For more information about this report visit https://www.researchandmarkets.com/r/y75p2n
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- U.S. Personal Care Ingredients Market
