Global Personal Care Specialty Ingredients Overview
Personal Care Specialty Ingredients Market accounted for USD 10.79 Billion in 2020 and is estimated to be USD 18.01 Billion by 2030 and is anticipated to register a CAGR of 5.30%.
The primary raw material utilised in the production of skincare products worldwide is personal care speciality ingredients. These components serve as anti-aging, anti-fungal, skin-conditioning, and other elements in skincare products. Additionally, it can be divided into active and inactive components. Preservatives, surfactants, colourants, and polymer components are examples of inactive ingredients. Active ingredients include conditioning agents, exfoliants, anti-aging agents, and UV protective agents.
Personal care is a crucial aspect of everyone's life and typically entails products like shampoo, soap, lotion, lotions, hair gels, etc. that are used to maintain personal hygiene and appearance. For hair care, oral care, makeup, and other personal care products, specific substances are employed.
Global Personal Care Specialty Ingredients Drivers & Restraints
Over the next several years, the market for organic components is expected to grow as consumers become more aware of the dangers of synthetic chemicals used in personal care products and toiletries. The growing demand for speciality ingredients for personal care products is also driven by the changing lifestyles and rising spending power of consumers in developing nations. The market for specialised ingredients used in personal care has also benefited from rising demand for components with multiple uses. The development of this sector is also positively impacted by global economic and policy trends. In addition, harsh government regulations and the negative side effects of chemical-based personal care products are the main factors limiting market growth over the projection period.
Global Personal Care Specialty Ingredients Segmentations & Regional Insights
Personal Care Specialty Ingredients Market is segmented based on type, application and region.
On the basis of type, the Personal Care Specialty Ingredients Market is segmented into Active, and Inactive. On the basis of application, the Personal Care Specialty Ingredients Market is segmented into Beauty, Personal Care, and Toiletries.
Regional Insights:
On basis of region the Personal Care Specialty Ingredients Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Over the projected period, market growth is expected to be dominated by the personal care specialty ingredients market in Asia Pacific. The rise of at-home beauty treatments is a result of changing consumer tastes.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020– 2030 |
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Market representation |
Revenue in USD Billion & CAGR from 2020 to 2030 |
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Market Segmentation |
By Type – Active, and Inactive. By Application – Beauty, Personal Care, and Toiletries. |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Personal Care Specialty Ingredients report based on test, application, and region.
Personal Care Specialty Ingredients Market, By Type:
- Active
- Inactive
Personal Care Specialty Ingredients Market, By Application:
- Beauty
- Personal Care
- Toiletries
Personal Care Specialty Ingredients Market, By Region:
- North America
- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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-
- U.S.
- Canada
- Middle East & Africa
Global Personal Care Specialty Ingredients Competitive Landscape & Key Players
The key players operating the Personal Care Specialty Ingredients Market Includes Inolex, Vantage Specialty Ingredients, Naturex, Ashland., Akott, Symrise AG, Clariant International, BASF SE, Evonik Industries, Dow Chemicals. Prominent key players are involved in developing products, packaging, and related solutions. For instance, in March 2019, Inolex introduces breakthrough technology with 100% natural amino-acid based cationic ingredients: AminoSensyl HC and AminoSensyl SC.
Global Personal Care Specialty Ingredients Company Profile
Global Personal Care Specialty Ingredients Highlights
FAQs
Personal care specialty ingredients market report segments the market on the basis of type, application, and region.
Growing consumer awareness regarding the toxicity of synthetic chemicals used in personal care products and toiletries is projected to drive the personal care specialty ingredients market for organic ingredients over the forecast period
Asia Pacific's personal care specialty ingredients market is anticipated to dominate the market growth over the forecast timespan. The growth can be attributed to shifting consumer trends towards at-home beauty treatment.
Prominent key players are involved in developing products, packaging, and related solutions. For instance, in March 2019, Inolex introduces breakthrough technology with 100% natural amino-acid based cationic ingredients: AminoSensyl HC and AminoSensyl SC.