Personal Care Ingredients Market Overview Highlighting Major Drivers, Size, Share, and Demand Report
- elizabethsanchez28
- Sep 14, 2021
- 4 min read
The global personal care ingredients market would reach value of USD 15.12 Billion by 2027, according to a current analysis by Emergen Research. This growth of the market can be attributed to changes in consumer lifestyle and their purchasing behavior. Rising awareness regarding hygiene and health has driven sales of personal care products with high-quality ingredients. Increasing investments in research and development activities by manufacturers of personal care products to produce eco-friendly and sustainable products are driving the market for personal care ingredients.
The impact of the COVID-19 pandemic has been observed across all the sectors in all the industries. The economic landscape has been dynamically altered owing to the crisis, and a change in the demands and trends has also been observed. The report studies the impact of COVID-19 on the market and analyses the key changes in the trends and growth patterns. It also provides an estimation of the current and future impact of COVID-19 on the overall growth of the industry.
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Key Highlights of Report
· In June 2019, siHealth Ltd., a U.K.-based healthcare company, collaborated with BASF SE, which included an equity investment. This collaboration is expected to help BASF solely deliver satellite and optronic technologies to the global personal care industry. The collaboration is expected to extend the offerings of BASF and help in the development of new solutions.
· Europe accounted for the largest share of the global personal care ingredients market in 2019. Increasing interest of cosmetics companies in the region to replace synthetic ingredients with natural variants is contributing to the market in the region.
· Key market participants include Dow, BASF SE, Clariant AG, Solvay S.A., Ashland Global, Evonik Industries AG, Lubrizol Corporation, Nouryon, Lonza Group AG, and Croda International
Personal Care Ingredients Market Segmentation:
Emergen Research has segmented the global personal care ingredients market in terms of application, ingredient type, and region:
· Application Outlook (Revenue, USD Billion; 2017–2027)
o Hair Care
o Make-up
o Skin Care
o Oral Care
o Others
· Ingredient Type Outlook (Revenue, USD Billion; 2017–2027)
o Emulsifiers
o Conditioning Polymers
o Surfactants
o Rheology Modifiers
o Emollients
o Others
Key Geographical Segments:
· North America (U.S., Canada)
· Europe (U.K., Italy, Germany, France, Rest of EU)
· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
· Latin America (Chile, Brazil, Argentina, Rest of Latin America)
· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Benefits of the Global Personal Care Ingredients Market Report:
· Comprehensive analysis of the changing competitive landscape
· Assists in decision making processes for the businesses along with detailed strategic planning methodologies
· The report offers an 8-year forecast estimation and assessment of the Global Personal Care Ingredients Market
· Helps in understanding the key product segments and their estimated growth rate
· In-depth analysis of market drivers, restraints, trends, and opportunities
· Comprehensive regional analysis of the Global Personal Care Ingredients Market
· Extensive profiling of the key stakeholders of the business sphere
· Detailed analysis of the factors influencing the growth of the Global Personal Care Ingredients Market
Table of Content
Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Personal Care Ingredients Market Segmentation & Impact Analysis 4.1. Personal Care Ingredients Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Increasing demand for enhanced quality personal care ingredients 4.2.2.2. Rising Purchasing power of the consumers 4.2.2.3. Shifting of consumer preference towards organic personal care products 4.2.3. Market restraints analysis 4.2.3.1. Stringent government regulations regarding product approval 4.2.3.2. High cost of the organic personal care products 4.2.3.3. Present challenging economic conditions due to the pandemic 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
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