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Personal Care Ingredients Market by Ingredient, Application And Region - Global Forecast to 2022

Personal Care Ingredients Market: Global Forecast until 2022

  • June 2017
  • 150 pages
  • ID: 5123126
In this report:
The Italian economy, which was witnessing a slowdown in the past few years, is showing signs of recovery with GDP of the country rising by ##.##% from 2015, as per the Italian National Statistics Office (ISTAT).
Asia-Pacific is the largest market for emollients, in terms of value, with a market share of ##.##% in 2016 and is expected to show a similar trend during the forecast period.

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Increasing demand from hair care and oral care application to drive the personal care ingredients market

The personal care ingredients market was estimated at ~$13.4B in 2016 and is projected to extend ~$17.3B by 2022, at a compound annual growth rate of ~4.3 percent between 2017 and 2022. The gain in the hair care application segment is assigned to the growing awareness among consumers about the harsh environmental effects on hair follicles. Moreover, the market demand for personal care ingredients from oral care application segment is another significant factor driving the increase of the personal care ingredients market.

Active ingredients expected to be the quickest-rising ingredient segment, in terms of value significance, between 2017 and 2022

Active ingredients is intended to be the quickest-increasing ingredient segment during the outlook period. The increase is essentially attributed to the growing demand for multifunctional ingredients used in anti-aging and anti-acne creams to minimize the signs of aging.

Middle East area & African continent to be the quickest developing market during the estimate period in terms of value importance

Middle East (ME) & African continent is forecasted to be the quickest-increasing personal care ingredients market between 2017 and 2022. Growing population and disposable income, along the strong demand for premium personal care products in the territory are driving the industry demand for personal care ingredients. The South American personal care ingredients market is also expected to grow at a significant rate during the outlook period. The rise in this area is essentially attributed to the growing demand for personal care products among working women.

In the process of finding out and checking the market value for the segments and sub-segments identified through secondary research, extensive primary audit sessions were conducted as follows:

• By Company category: Tier 1 (25.0 percent), Tier 2 (33.0 percent), and Tier 3 (42.0 percent)

• By Description: C-suite (25.0 percent), D-level (33.0 percent), and Others (42.0 percent)

• By Area: Asia Pacific (APAC) (15.0 percent), North America continent (23.0 percent), Europe (EU) (54.0 percent), and Rest of the globe (8.0 percent)

Top players decribed in the study contain Ashland Global Holdings Inc., BASF SE, Croda International Plc., Evonik Industries , Lonza Group Ltd., Solvay (EBR:SOLB), Akzo Nobel (AMS:AKZA), Clariant (CLN), Dow Chemical (NYSE:DOW), and Wacker Chemie (ETR:WCH).

Segment Research

This study breaks down the personal care ingredients market by ingredient, application, and area, and offers the estimations for the global value of the market and its sub-segments across several areas. An in-depth study of the top industry actors has been conducted to provide industry insights into their business overviews, products & services, top strategies, latest product launches, acquisitions, strategic agreements, joint ventures (JV), and latest developments combined with the sector for personal care ingredients.

Reasons to acquire this industry report:

This market research highlights on several levels of analyses - industry, market share research of top players, supply chain research, and company descriptions, which together comprise and examine the global views on the competitive landscape; coming out and high-growth segments of the personal care ingredients market; high-growth areas; and sector drivers, market restraints, alternatives, and opportunities.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on personal care ingredients provided by the top actors in the overall personal care ingredients market

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the personal care ingredients market

• Market Development: Highlighted information about profitable emerging sectors - the market research examines the industries for personal care ingredients across localities

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall personal care ingredients market

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the personal care ingredients market

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