According to the recent study the Personal Care Active Ingredient Market is projected to reach an estimated $6.0 billion by 2027 from $4.3 billion in 2021, at a CAGR of 5.4% from 2021 to 2027. Growth in this market is primarily driven by the changing lifestyle, growing purchasing power, and increasing concern of consumers regarding their appearances and hygiene.
Browse 106 figures /
charts and 90 tables in this 199 -page report to understand trends,
opportunities and forecast in personal care active ingredient market by personal
care active ingredient market to 2027 by ingredient type (moisturizing,
anti-aging, UV protection, exfoliating, antimicrobial, and others), application
(skin care, hair care, oral care, makeup, toiletries, and fragrance), source
(natural and synthetic), and region (North America, Europe, Asia Pacific, and
the Rest of the World).
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on below link https://www.lucintel.com/personal-care-active-ingredient-market.aspx
“Moisturizing market is expected to
remain the largest segment during the forecast period.”
Based on ingredient type,
the personal care active ingredient market is segmented into moisturizing,
anti-aging, UV protection, exfoliating, antimicrobial, and others. Lucintel
forecasts that the moisturizing market is expected to remain the largest
segment due to its various properties of prevention from different type of skin
related issues such as flaky, dry and scaly skin.
“Within the personal care active ingredient market, the skin care
segment is expected to remain the largest application.”
Based on application the
skin care segment is expected to witness the highest growth over the forecast
period due to increasing consumer awareness regarding the appearance and
texture of their skin and inclination towards multifunctional skin creams.
“Europe will dominate the personal care active ingredient market
in near future.”
Europe will remain the
largest market over the forecast period due to due to increasing consumer
awareness regarding personal care and hygiene, high standards of living and
high per capita spending. Lucintel predicts that Asia Pacific is expected to
witness the highest growth over the forecast period supported by increasing
population and their rising per capita spending on personal care products.
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Major players of
personal care active ingredient market are adopting various growth strategies
like new product launches, expansions, merger and acquisitions, partnerships,
agreements, and collaborations to expand their presence in this market. BASF,
Solvay, Evonik, Croda, Clariant, Ashland, DSM, Stepan Carporation, Wacker
Chemie, Lonza are among the major personal care active ingredient providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/personal-care-active-ingredient-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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