The future of the global personal care active ingredient market looks promising with opportunities in skin care, hair care, oral care, makeup, toiletries, and fragrance applications. The personal care active ingredient market is expected to reach an estimated $6 billion by 2027 with a CAGR of 5.4% from 2021 to 2027. The major drivers for this market are the changing lifestyle, growing purchasing power, and increasing concern of consumers regarding their appearances and hygiene.
Emerging trends, which have a direct impact on the dynamics of the industry, include advancement in nanotechnology for manufacturing personal care products and improved conditioning agents used in hair care application for personal care.
A total of 106 figures / charts and 90 tables are provided in this 199 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of personal care active ingredient market report download the report brochure.
In this market, skin care is the largest segment by application, whereas moisturizing ingredient is the largest segment by ingredients type.
By Ingredient Type [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:
- UV Protection
By Application [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:
- Skin Care
- Hair Care
- Oral Care
By Source [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:
By Region [Value ($M) and Volume (M lbs) shipment analysis for 2016 – 2027]:
- North America
- Asia Pacific
- The Rest of the World
Some of the personal care active ingredient companies profiled in this report includes BASF, Solvay, Evonik, Croda, Clariant and Others.
Lucintel forecasts that moisturizing ingredient will remain the largest segment due to its various properties of prevention from different type of skin related issues such as flaky, dry and scaly skin.
Skin care in personal care active ingredient will remain the largest segment due to increasing consumer awareness regarding the appearance and texture of their skin and inclination towards multifunctional skin creams .
Europe will remain the largest market over the forecast period due to due to increasing consumer awareness regarding personal care and hygiene, high standards of living and high per capita spending. Lucintel predicts that Asia Pacific is expected to witness the highest growth over the forecast period supported by increasing population and their rising per capita spending on personal care products.