According to
a new market report published by Lucintel, the future of the filler market
looks promising with opportunities in the facial care, oral care, body care, and
hygiene product markets. Fillers in the global personal care market are expected
to grow at a CAGR of 6% from 2019 to 2024. The major drivers for this market
are increasing demand for beauty care products and growth in hygiene market.
In this
market, mica, talc, kaolin, calcium carbonate, microsphere, bismuth
oxychloride, and silica are used as fillers in the personal care industry. Lucintel
forecasts that talc will remain the largest segment due to the increasing
demand in face powder, foundation, face cream, and blushers. Lucintel predicts
that mica is expected to witness the highest growth over the forecast period
due to increasing demand for mica in color cosmetic products.
Within the
filler for personal care market, facial care will remain the largest application
due to increasing demand for talc, mica, and calcium carbonate in makeup
products. Hygiene is expected to witness the highest growth in the forecast
period supported by increasing demand for sanitary and baby diaper products.
APAC will
remain the largest region by value and volume and it is also expected to
witness the highest growth over the forecast period. Increasing working population
and per capita income is driving the demand for cosmetics and hygiene products.
Emerging trends, which have a direct impact
on the dynamics of the industry include increasing usage for bismuth oxychloride
filler in cosmetics and growing consumption of ultra fine mica. Imerys, Omya, Mondo
Minerals, Nippon Talc, Mineral Technologies, and BASF are among
the major suppliers of fillers for the global personal care market.
Lucintel, a
leading global strategic consulting and market research firm, has analyzed growth opportunities of fillers
in the global personal care market by
application, filler type, and region. Lucintel has prepared a comprehensive
research report entitled
“Growth
Opportunities of Fillers in the Global Personal Care Market 2019-2024: Trends,
Forecast, and Opportunity Analysis.” The Lucintel report serves as
a catalyst for growth strategy as it provides a comprehensive data and analysis
on trends, key drivers, and directions. The study includes a forecast for
fillers in the global personal care market by application, filler type, and region as follows:
By Application [Volume (kt) and $M shipment
analysis for 2013 – 2024]:
- Fascial Care
- Oral Care
- Body Care
- Hygiene Care
- Others
By Filler Type [Volume (kt) and $M shipment
analysis for 2013 – 2024]:
- Mica
- Talc
- Kaolin
- Calcium Carbonate
- Microsphere
- Bismuth Oxychloride
- Silica
- Others
By Region [Volume (Kilotons) and $M shipment
analysis for 2013 – 2024]:
·
North
America
−
The US
−
Canada
−
Mexico
·
Europe
−
Germany
−
France
−
UK
−
Italy
·
Asia Pacific
−
China
−
India
−
Japan
·
The Rest of the World
This
200-page 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 helpdesk@lucintel.com. Lucintel offerings
include Chemical
Market Research Reports, Chemical
Industry Analysis Report, Opportunity
Screening and Analysis, Strategic
Growth Consulting and Capital
Investment Analysis.
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates winning
strategies for growth. Lucintel offers market assessments, competitive
analysis, opportunity analysis, growth consulting, M&A, and due diligence
services to executives and key decision-makers in a variety of industries. For
further information, visit www.lucintel.com.
This
report answers following 11 key questions:
Q.1 What are some of the most promising
potential, high-growth opportunities for fillers in the global personal
care market by filler type (mica, talc, kaolin, calcium
carbonate, microsphere, bismuth oxychloride, silica, and others), application (fascial
care, oral care, body care, hygiene care and others), and region (North America, Europe, Asia
Pacific, and the Rest of the World)?
Q. 2 Which segments will grow at a faster pace
and why?
Q.3 Which regions will grow at a faster pace
and why?
Q.4 What are the key factors affecting market
dynamics? What are the drivers and challenges of the market?
Q.5 What are the business risks and threats to
the market?
Q.6 What are emerging trends in this market
and the reasons behind them?
Q.7 What are some changing demands of
customers in the market?
Q.8 What are the new developments in the
market? Which companies are leading these developments?
Q.9 Who are the major players in this market?
What strategic initiatives are being implemented by key players for business
growth?
Q.10 What are some of the competitive products
and processes in this area and how big of a threat do they pose for loss of
market share via material or product substitution?
Q.11 What M & A activities have taken
place in the last 5 years in this market?
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