Global Personal Care Ingredients Market to Reach US$ 21.50 Bn by 2029 at a CAGR of 4.6%**

Market Overview

The global personal care ingredients market is expected to reach US$ 21.50 billion by 2029, growing at a CAGR of 4.6% during the forecast period (2024-2029). Personal care ingredients are the building blocks of a wide range of products used for personal hygiene, cosmetics, and beauty purposes. These ingredients include emollients, emulsifiers, surfactants, active ingredients, and more, each playing a crucial role in the product's functionality, texture, and performance.

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Market Scope

Maximize Market Research's report provides comprehensive insights into the global personal care ingredients market. It analyzes market size, share, growth, trends, demand, and key players. The report also segments the market by ingredient type, product type, application, and region, offering a detailed understanding of the market landscape and valuable information for stakeholders to make informed decisions.

Segmentation

• By Ingredient:
  • Emollients (provide smooth and moisturizing feel)
  • Emulsifiers (help blend oil and water)
  • Rheology Modifiers (control thickness and flow)
  • Active Ingredients (address specific skin or hair concerns)
  • Surfactants (cleaning and foaming agents)
  • Others (preservatives, fragrances, colors)
• By Product:
  • Synthetic (man-made ingredients)
  • Natural (derived from plant or mineral sources)
  • Organic (natural ingredients produced according to specific regulations)
• By Application:
  • Skin Care (largest segment)
  • Hair Care
  • Make-Up
  • Oral Care
  • Others (perfumes, toiletries)

Market Players

• AkzoNobel N.V.
• Clariant AG
• The DOW Chemical Company
• Dow Corning Corporation
• Croda International Plc
• Evonik Industries AG
• Ashland Global Holding Inc.
• BASF SE
• DSM
• Huntsman International LLC
• Lonza Group Ltd.
• Solvay SA
• Wacker AG
• Ashland Inc.
• Cargill Inc.
• Aston Chemicals
• Biosil Technologies, Inc.
• Eastman Chemical Company
• T_Guangzhou Tinci Materials Technology Co.
• J.M. Huber Corporation

Regional Analysis

North America is expected to hold a significant share of the market due to the presence of major personal care product manufacturers and a high consumer demand for premium beauty products. The Asia Pacific region is expected to witness the fastest growth due to the rising disposable incomes and increasing awareness about personal care.

COVID-19 Impact Analysis

The COVID-19 pandemic initially disrupted the supply chain of personal care ingredients. However, the increased focus on hygiene and self-care during the pandemic led to a surge in demand for certain ingredients used in hand sanitizers, soaps, and hygiene products. As the market recovers, a trend towards natural and organic ingredients is expected to gain traction.

Key Questions Answered

• What is the expected market size of the personal care ingredients market by 2029?
• Which ingredient segment is expected to hold the largest market share?
• What are the key factors driving the growth of the personal care ingredients market?
• Who are the key players in the personal care ingredients market?
• How is the COVID-19 pandemic impacting the personal care ingredients market?
• Which region is expected to witness the fastest growth in the personal care ingredients market?
• What are the upcoming trends in the personal care ingredients market?

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