A brief overview of Personal Care Ingredients Market is provided in the report based on product scope and market status & outlook. The market is segmented on the basis of type, end-users/application, and geography
Personal care includes a wide range of products that start from toothpaste, soaps, and facewash used in the morning to repair face cream used at night. Personal care products have become a necessity in ones day to day life and as a symbol of lifestyle.
These personal care products are made from ingredients obtained from both natural and synthetic sources. Natural ingredients for personal care include coconut oil, shea butter, beeswax, cocoa butter, arrowroot powder, soy seeds, green tea, essential oils, and dried herbs.
Parabens, synthetic colors, phthalates, sodium lauryl sulfate (SLS) / sodium laureth sulfate (SLES), formaldehyde, toluene, and propylene glycol are a few synthetic ingredients used in personal care products.
Natural ingredients are gradually gaining popularity over synthetic ingredients used for personal care products. Health and environmental concerns are the major reasons that favor natural ingredients-based personal care products.
Moreover, the constant need for innovation boosts the natural ingredients-based personal care products. Heavy investments are being made by manufacturers to develop natural ingredients-based products that are as efficient as synthetic ingredients-based personal care products.
The market is segmented based on ingredients, application, and geography. Based on ingredients, the market is classified into emollients, emulsifiers, surfactants, rheology modifiers, active ingredients, and others.
Based on application the market is divided into skin care, hair care, oral care, make-up, and others. The geographic breakdown and deep analysis of each of the previously mentioned segments have been covered across North America, Europe, Asia-Pacific, and LAMEA.
- Increased purchasing power and change in the standard of living in emerging economies
- Growing demand for multifunctional ingredients
- Increasing health care awareness
- Rising aging population
- Stringent government policies
- Increased demand for natural ingredients
The top players in the global personal care ingredients market are Akzo Nobel N.V., Clariant AG, The Dow Chemical Company, Croda International Plc, Evonik Industries AG, Ashland Global Holdings Inc., BASF SE, Lonza Group Ltd., Solvay SA, and Wacker Chemie AG.
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