The personal care ingredients market size has the potential to grow by USD 2.04 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by product (surfactants, conditioning agents, emollients, control agents, and others), application (skin care, cosmetics, hair care, oral care, and others), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including Akzo Nobel NV, Ashland Global Holdings Inc., BASF SE, Clariant International Ltd., Croda International Plc, Dow Inc., Eastman Chemical Co., Evonik Industries AG, Koninklijke DSM NV, and Solvay SA.
Market Overview
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Market Competitive Analysis
The personal care ingredients market is fragmented. Akzo Nobel NV, Ashland Global Holdings Inc., and BASF SE are some of the major market participants. Factors such as the rising popularity of skincare cosmeceuticals, increased awareness of sun care products, and the introduction of multifunctional products will offer immense growth opportunities. However, stringent government regulations on BPC products and their ingredients, multiple side effects of synthetic components used in BPC products, and presence of home care remedies may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this personal care ingredients market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this personal care ingredients market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- Akzo Nobel NV
- Ashland Global Holdings Inc.
- BASF SE
- Clariant International Ltd.
- Croda International Plc
- Dow Inc.
- Eastman Chemical Co.
- Evonik Industries AG
- Koninklijke DSM NV
- Solvay SA
Personal Care Ingredients Market: Segmentation by Geography
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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period.
44% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for personal care ingredients in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the personal care ingredients market size.
Personal Care Ingredients Market: Key Highlights of the Report for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive personal care ingredients market growth during the next five years
- Precise estimation of the personal care ingredients market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the personal care ingredients industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of personal care ingredients market vendors
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Personal Care Ingredients Market Scope
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Report Coverage
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Details
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Page number
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120
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Base year
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2019
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Forecast period
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2020-2024
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Growth momentum & CAGR
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Accelerate at a CAGR of 3%
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Market growth 2020-2024
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$ 2.04 billion
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Market structure
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Fragmented
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YoY growth (%)
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1.90
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Regional analysis
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APAC, Europe, North America, South America, and MEA
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Performing market contribution
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APAC at 44%
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Key consumer countries
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US, China, Japan, Germany, and France
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Competitive landscape
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Leading companies, competitive strategies, consumer engagement scope
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Companies profiled
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Akzo Nobel NV, Ashland Global Holdings Inc., BASF SE, Clariant International Ltd., Croda International Plc, Dow Inc., Eastman Chemical Co., Evonik Industries AG, Koninklijke DSM NV, and Solvay SA
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Market Dynamics
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Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
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Customization purview
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If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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