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Wednesday, April 6, 2022

Personal Care Active Ingredient Market is anticipated to grow at a CAGR of 5.4% during 2022-2027

The global personal care active ingredient market is projected to reach $6.0 billion by 2027, at a CAGR of 5.4% during 2022-2027. The growth of personal care active ingredient market is driven by changing lifestyle, growing purchasing power, and increasing concern of consumers regarding their appearances and hygiene.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising, high-growth opportunities for the personal care active ingredient market 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)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the personal care active ingredient market?

Q.4 What are some changing demands of customers in the personal care active ingredient market?

Q.5 What are the new developments in the personal care active ingredient market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this personal care active ingredient area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this personal care active ingredient market?

Emerging trends, which have a direct impact on the dynamics of the industry, include advancement in nanotechnology for manufacturing personal care products and improved conditioning agents used in hair care application for personal care.

Download Brochure of this report by clicking on https://www.lucintel.com/personal-care-active-ingredient-market.aspx

Market Segmentation:

Based on ingredient type, the personal care active ingredient market is segmented into moisturizing, anti-aging, uv protection, exfoliating, antimicrobial, and others. The moisturizing segment is accounted for the largest share of the market in 2021 due to its various properties of prevention from different type of skin related issues such as flaky, dry and scaly skin.      

Europe is expected to be the largest region during the forecast period due to due to increasing consumer awareness regarding personal care and hygiene, high standards of living and high per capita spending and 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.

Key Players in the personal care active ingredient market are BASF, Solvay, Evonik, Croda, Clariant and others.

Request Sample Pages by clicking on https://www.lucintel.com/personal-care-active-ingredient-market.aspx

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

To read more about this market please click on https://www.lucintel.com/personal-care-active-ingredient-market.aspx

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It 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.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: 
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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