Personal Care Ingredients Market 2020 In-Depth Analysis, Industry Trends, Forecast 2024

The globalpersonal care ingredients market was valued at USD 8 Billion in 2016 and is forecasted to reach USD 12 Billion by 2024, developing at a CAGR of 5.4 % from 2017 to 2024.Rising involvement of women in the urban workforce and the growing importance of personal grooming has positively influenced personal care ingredients industry growth. To review a sample of this report before buying, Request for sample @ People have become more conscious about their appearance which will drive the sales of personal care products. New product launches will fuel the growth of the industry. Also, the market players are engaged in promotional activities which will considerably increase the sales of personal care products, which in turn will positively impact the personal care ingredients market. Top Manufacturers:
  1. BASF SE
  2. Croda International Plc
  3. Evonik Industries
  4. Dow Corning Corporation
  5. Akzo Nobel
This advanced report on the personal care ingredients market includes an in-depth overview of this business sphere. Alongside, details of the present market size and status have been given. The report aims to provide substantial updates on the market, pertaining to the development status as well as the latest trends characterizing the market. The skincare sector may emerge as one of the most profitable revenue-generating segments of the personal care ingredients market, having held a valuation of USD 2.7 billion in 2016. The product range for skincare has been expanding by the day and includes lotions, moisturizers, cleansers, toners, creams, sprays, etc. Personal care ingredient market giants, of late, have been utilizing probiotic bacteria such as bifidobacterium and lactobacillus in skincare products, thereby augmenting sales. Extensive innovation in products is thus, likely to emerge as one of the latest trends of the personal care ingredients industry over 2017-2024. Make an inquiry for buying this report @ Product Type Segment:
  • Surfactants
  • Conditioning Polymers
  • Emollients
  • Rheology Control Agents
  • Emulsifiers
  • Antimicrobials
Driven by a plethora of factors such as online distribution, environmental impact, effectiveness, & wellness, personal care ingredients market has already established a strong foothold across myriad geographies. Bearing testimony to the aforesaid statement is the fact that this industry surpassed a valuation of USD 8 billion in 2016, and not surprisingly, has been forecast to exceed a revenue collection of more than USD 12 billion by 2024. One of the principal drivers that is making a positive impact on personal care ingredients industry share seems to be the globally shifting consumer trend toward using bio-based ethically manufactured cosmetics, fueled by the numerous regulatory norms enforced by authoritative bodies. The regional segmentation covers: o Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe) o North America Region (U.S., Canada, Mexico) o South America Region (Argentina, Brazil, Columbia, Rest of South America) o Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific) o The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA) The Asia Pacific belt has registered itself as a fairly lucrative personal care ingredients industry, owing to the escalating demand for personal care products and cosmetics. This demand can be attributed to the changing consumer lifestyles across this region, especially in India and China. India in fact, has been projected to be one of the most opportunistic personal care ingredients market growth grounds, given a slew of drivers, including the rapid economic growth, increasing disposable incomes, and the subsequent change in living standards. The increasing number of cosmetic brands being established in countries such as Mexico and Brazil will significantly affect the personal care ingredients market growth. The personal care ingredients industry in the Middle East is expected to witness a decent growth rate the exceptional growth of local personal care product brands. Browse complete Table of Contents (ToC) of this research report @ Main Features of the Global Market Research Report: -The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2026. -The report also describes the major drivers of worldwide market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies. -The research report endorses a detailed industry chain analysis. Also, it covers the production process of market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the Organic Spice market. -The report provides detailed knowledge about the competitive scenario of the global market, and also discusses the numerous marketing strategies adopted by companies to stay ahead in the competition. -The report analyses the various market segments and also provides their contribution to the development of the global market. Browse More Reports: Metalworking Fluids Market: Liquid Nitrogen Market: Bitumen Membranes Market: