The global personal care active ingredient market is expected to reach $5.9 billion by 2025


   October 16, 2020
According to a new market report published by Lucintel, the future of the global personal care active ingredient market looks promising with opportunities in skin care, hair care, oral care, makeup, toiletries, and fragrance applications. The personal care active ingredient market is expected to decline in 2020 due to the global economic recession led by COVID-19. However, the market will witness recovery in the year 2021, and it is expected to reach an estimated $5.9 billion by 2025 with a CAGR of 5%-6% from 2019 to 2025. The major drivers for this market are the changing lifestyle, growing purchasing power, and increasing concern of consumers regarding their appearances and hygiene.

To download report brochure, please go to https://www.lucintel.com/personal-care-active-ingredient-market.aspx  and click "report brochure" tab from the menu.

In this market, various active ingredients, such as moisturizing, anti-aging, UV protection, exfoliating, and antimicrobial are used to manufacture wide range of personal care products. Lucintel forecasts that moisturizing ingredients will remain the largest segment due to increasing demand of moisturizing cream to protect against skin dehydration. Lucintel predicts that anti-aging ingredients market is expected to witness the highest growth during the forecast period supported by prevention of various harmful effects on skin from sun rays.

Within this market, active ingredients for skin care application will remain the largest segment due to increasing consumer awareness about skin care and inclination towards multifunctional skin creams.

Natural and synthetic are two source types of active ingredients used in various personal care products. Lucintel forecasts that synthetic will remain the largest segment due to its cost efficiency and scalability.

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.

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. BASF, Solvay, Evonik, Croda, and Clariant are the major manufacturer of personal care active ingredient.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global personal care active ingredient market by ingredient type, application, source, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Personal Care Active Ingredient Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global personal care active ingredient market by ingredient type, application, source, and region, as follows:

 

By Ingredient Type [Value ($M) and Volume (M lbs) shipment analysis for 2014 – 2025]:



  • Moisturizing


  • Anti-Aging


  • UV Protection


  • Exfoliating


  • Antimicrobial


  • Others


By Application [Value ($M) and Volume (M lbs) shipment analysis for 2014 – 2025]:



  • Skin Care


  • Hair Care


  • Oral Care


  • Makeup


  • Toiletries


  • Fragrance                               


By Source [Value ($M) and Volume (M lbs) shipment analysis for 2014 – 2025]:



  • Natural


  • Synthetic


By Region [Value ($M) and Volume (M lbs) shipment analysis for 2014 – 2025]:



  • North America




  • USA


  • Mexico


  • Canada




  • Europe




  • Germany


  • Russia


  • UK


  • Italy


  • France




  • Asia Pacific




  • China


  • India


  • Japan


  • South Korea




  • The Rest of the World




  • Turkey


  • UAE


This 280-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 or email us at helpdesk@lucintel.com.

 

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.

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti