The personal care ingredients market is witnessing growth due to increasing consumer demand for natural, organic, and sustainable products. Functional ingredients such as anti-aging compounds, UV filters, and moisturizers are in high demand. Technological advancements in biotechnology have enabled the development of innovative active ingredients. Additionally, rising disposable incomes in emerging markets are driving the adoption of premium personal care products. Sustainability concerns are also shaping the market, with brands opting for biodegradable and eco-friendly ingredients.
According to the research report published by Polaris Market Research, the global personal care ingredients market was valued at USD 11.83 billion in 2021 and is expected to reach USD 16.83 billion by 2030, to grow at a CAGR of 4.1% during the forecast period.
Personal Care Ingredients
- Growing preference for natural and organic ingredients in skincare and haircare products.
- Rising demand for anti-aging and multifunctional products driven by consumer awareness.
- Increased focus on sustainable and biodegradable ingredients due to environmental concerns.
- Advancements in biotechnology for innovative active ingredients and formulations.
- Expanding demand in emerging markets due to rising disposable incomes and lifestyle changes.
- ADEKA Corporation
- Ashland
- BASF SE
- Clariant
- Croda International Plc.
- Dow
- Evonik Industries AG
- Henan Qingshuiyuan Technology CO. Ltd.
- Kemira
- Lonza
- Maxwell Additives Pvt. Ltd
- Nouryon
- Nippon Shokubai Co Ltd
- Solvay
- Lubrizol Corporation
Growth Factors:
• Market dynamics:All the key factors and major developments anticipated to boost the growth of the market are covered in the study.
• Technological evolution:The report offers a thorough understanding of the emerging technologies that can influence the Personal Care Ingredients market demand.
• Innovation pathways: The study covers where innovations can take the market in the mid to long term.
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The Geographical Analysis Covers Following Key Regions:
• North America (United States, Canada, and Mexico)
• Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
• South America (Brazil, Argentina, Colombia, and the rest of South America)
• The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)
Personal Care Ingredients Market Segmentation:
The personal care ingredients market is segmented by product type, application, and region. Product types include emulsifiers, surfactants, rheology modifiers, UV filters, and preservatives. Applications cover skincare, haircare, oral care, and cosmetics, with skincare holding the largest share. Rising demand for natural and organic products shapes the segment. Geographically, Asia-Pacific dominates due to population growth and rising disposable incomes, while North America leads in premium products.
Personal Care Ingredients Market, Source Outlook (Revenue – USD Billion, 2018 – 2030)
- Natural Ingredients
- Synthetic Ingredients
Personal Care Ingredients Market, Type Outlook (Revenue – USD Billion, 2018 – 2030)
- Emulsifiers
- Surfactants
- Emollients
- Rheology Modifiers
- Conditioning Polymers
- UV Absorbers
- Antimicrobials
- Others
Personal Care Ingredients Market, Application Outlook (Revenue – USD Billion, 2018 – 2030)
- Hair Care
- Skin Care
- Make-up
- Oral Care
- Others
Personal Care Ingredients Industry Developments:
In July 2022, BASF launched Verdessence RiceTouch, a plant-based sensory powder biopolymer for personal hygiene products that delivers a light and smooth skin feel. Made from non-GMO rice, this ingredient offers shine control, a mattifying effect, and excellent oil absorbency. It is derived from renewable feedstocks, biodegradable, preservative-free, and has a low microbial count. The biopolymer also reduces stickiness and enhances spreading properties.
In June 2022, Clariant introduced Plantasens OP 95, a fully microplastic-free opacifier aimed at reducing the environmental impact of rinse-off products on marine and river life. Naturally derived and biodegradable, the ingredient provides excellent opacifying performance at low concentrations, imparting a creamy white appearance to products.
Also in June 2022, Solvay unveiled a new line of biosurfactants called Microsoft, designed for carbon-neutral and circular beauty products. These biobased, biodegradable biosurfactants are derived from rapeseed oil and sugar through a cost-efficient fermentation process. They are suitable for various hair and skincare applications, offering a reduced carbon footprint.
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